ECGI Holdings Inc. ECGI Archives - Page 3 of 4

MondayJun 10, 2024 11:15 am

ECGI Holdings Inc. (ECGI) Executing Strategic Plan to Create Firmer Foundation for Pursuing New Ventures, Growth

ECGI is implementing several prudent measures to create a stronger foundation for pursuing new strategic ventures and growth opportunities The company recently announced an agreement to convert $2 million of debt into equity, with conversion expected to be completed during Q4 of its fiscal year ECGI has previously announced the reduction of over $1.5 million in liabilities, a reduction of over $350,000 in convertible notes payable and accrued interest, and an improvement in total stockholders’ deficit totaling over $1 million The company is determined to position itself to aggressively identify and capitalize on growth opportunities that align with its business…

TuesdayJun 04, 2024 3:10 pm

QualityStocksNewsBreaks – ECGI Holdings Inc. (ECGI) Secures Financing to Supercharge Growth, Expansion

ECGI (OTC: ECGI), a diversified holding company with a unique portfolio in viticulture and luxury fashion, today announced a major financial milestone. According to the update, the company has successfully secured the first of two $125,000 convertible note financings, a decisive move set to supercharge its strategic growth and expansion endeavors. The second convertible note is expected to close under the same terms next month. After fees, ECGI expects $100,000 in growth capital from each convertible note to support major initiatives. “I’d like to congratulate our dedicated investors who have shown unwavering support,” said Jamie Steigerwald, CEO of ECGI Holdings.…

MondayJun 03, 2024 11:15 am

ECGI Holdings Inc. (ECGI) Identifying and Capitalizing on Developing Growth Opportunities

ECGI Holdings is implementing an ongoing strategy to streamline its financials and improve its overall financial health, including the successful reduction of nearly $1.5 million in liabilities, a move seen as integral to its long-term strategy of continually improving its financial posture and overall economic vitality ECGI is also focused on exploring new pathways to monetize its underutilized assets, expanding its footprint within the luxury space with a specific focus on carving a niche in luxury branding and creating a luxurious short-term rental destination Looking ahead, ECGI will continue to focus on identifying and capitalizing on growth opportunities that align…

TuesdayMay 28, 2024 2:28 pm

QualityStocksNewsBreaks – ECGI Holdings Inc. (ECGI) Partners with IBN for Corporate Communications

ECGI Holdings (OTC: ECGI), a diversified holding company, has chosen IBN, a multifaceted financial news and publishing company for private and public entities, to assist with its corporate communications initiatives. According to the announcement, IBN will focus on creating greater awareness of ECGI Holdings through its investor-based distribution network; that network includes more than 5,000 key syndication outlets along with strategic newsletters, blogs and other outreach tools. ECGI Holdings is focused on an ambitious new vision and strategic direction to build and nurture luxury brands that resonate with its core values and market aspirations. As part of this initiative, ECGI was…

TuesdayMay 21, 2024 9:00 am

ECGI Holdings Inc. (ECGI) Is ‘One to Watch’

ECGI Holdings is a diversified holding company with a distinctive portfolio comprising viticulture and luxury brands The company in 2023 made a strategic investment in Pacific Saddlery, a premier manufacturer and retailer of luxury equestrian tack, apparel and accessories In 2024, ECGI Holdings’ 40-acre Lake County, California, property was approved by Evolve vacation rental management as Vintner’s Caldera Ranch, a luxurious short-term rental destination In 2024, the company introduced Pacific Saddlery’s new mobile retail boutique at specific equestrian events as a highlight of its future outlook ECGI Holdings (OTC: ECGI) is a diversified holding company with a distinctive portfolio encompassing…

WednesdayMar 13, 2024 3:29 pm

QualityStocksNewsBreaks – ECGI Holdings Inc. (ECGI) Continues Initiative to Achieve Financial Optimization, Unlock Growth Opportunities

ECGI Holdings (OTC: ECGI), a diversified holding company, is continuing its initiative to strengthen its financial structure and boost shareholder value with further advancements. The company noted that it continues to build on its efforts, which have so far resulted in the successful identification and reduction of more than $600,000 in liabilities. The company has now identified an estimated additional $1,500,000 in liabilities for reduction, stemming from its strategic negotiations leading to the cancellation of purchase orders related to the acquisition of the East West Pharma Group. The significant reduction in liabilities and ongoing cleanup of ECGI’s balance sheet is expected to have a…

ThursdayJun 01, 2023 12:13 pm

QualityStocksNewsBreaks – ECGI Holdings Inc. (ECGI) Closes Acquisition of East West Pharma Group

ECGI Holdings (OTC: ECGI), D/B/A Elite Cannabis Group Incorporated, is a Nevada-based portfolio company pivoting into the legal cannabis and cannabinoid marketplace. The company today announced the closing of its acquisition of East West Pharma Group, Inc. ("EWPG"), a Wyoming corporation with specialized equipment and experienced personnel, including leaders in the cannabinoid extraction and product manufacturing space. “We couldn’t be more excited to have this deal closed and in the books as we look ahead to an exciting summer,” said ECGI CEO Danny Wong . “The cannabis market has been recovering, with spot prices up over 20% in the past…

ThursdayMar 09, 2023 11:44 am

QualityStocksNewsBreaks – ECGI Holdings Inc. (ECGI) Enters LOI to Acquire EC, Including 8bit BUDS Brand

ECGI Holdings (OTC: ECGI), D/B/A Elite Cannabis Group Incorporated, a Nevada-based portfolio company pivoting into the legal cannabis and cannabinoid marketplace, today announced its entry into a letter of intent (“LOI”) toward the acquisition of the key personnel, intellectual properties, business operations, and the future business operations of Endless Consciousness Inc. (“EC”), a California corporation involved in the legal cannabis product marketplace. With the acquisition, the company will acquire all current and future planned brands developed by EC, including recently launched 8bit BUDS. “The real gem in this deal is the experienced and accomplished EC team. This team has sales…

ThursdayFeb 16, 2023 1:54 pm

QualityStocksNewsBreaks – ECGI Holdings Inc. (ECGI) Announces Planned Acquisition Representing ‘Plug-and-Play’ Access to Dynamic Market

ECGI Holdings (OTC: ECGI), D/B/A Elite Cannabis Group Incorporated, a Nevada-based portfolio company pivoting into the legal cannabis and cannabinoid marketplace, today announced its entry into a definitive agreement to acquire East West Pharma Group Inc. (“EWPG”), a Wyoming corporation with specialized equipment and experienced personnel, including leaders in the cannabinoid extraction and product manufacturing space. As previously announced, the acquisition represents a shift in the company’s strategy by becoming part of the $2.7 billion cannabis manufacturing, extract and concentrates marketplace. “Now that the agreement is in place, we are excited to hit the ground running,” said ECGI CEO Danny…

MondayDec 12, 2022 11:42 am

QualityStocksNewsBreaks – ECGI Holdings Inc. (ECGI) Issues Update on Strategic Vision

ECGI Holdings (OTC: ECGI), D/B/A Elite Cannabis Group Incorporated, a Nevada-based portfolio company pivoting into the legal cannabis and cannabinoid marketplace, today provided an update to current and prospective shareholders. According to the update, the company is targeting a leadership role in product manufacturing and wholesale distribution in the legal cannabis marketplace in California. The company believes it has a built-in edge in targeting this niche, which offers a value proposition to small and medium sized grow operations and retailers. “The industry has effectively over-verticalized and there’s rampant inefficiency that drives value destruction for smaller producers and for the whole…

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