10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

[X]	QUARTERLY REPORT UNDER TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2015
	OR
[   ]	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Commission file number 000-51213

ECOLOCAP SOLUTIONS INC.

(Exact name of registrant as specified in its charter)

NEVADA

(State or other jurisdiction of incorporation or organization)

20-0909393

(I.R.S. Employer Identification Number)

1250 S. Grove Avenue, Suite 308

Barrington, IL   60010

(Address of principal executive offices, including Zip Code)

866-479-7041

(Registrant's telephone number, including area code)

Indicate by check mark whether the issuer (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the last 90 days.     YES [   ]     NO [X]

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (SS 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).   YES [   ]     NO [X]

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.  See the definitions of "large accelerated filer," "accelerated filer," "non-accelerated filer," and "smaller reporting company" in Rule 12b-2 of the Exchange Act. (Check one):

Large Accelerated Filer	[   ]	Accelerated Filer	[   ]
Non-accelerated Filer (Do not check if smaller reporting company)	[   ]	Smaller Reporting Company	[X]

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    YES [   ]     NO [X]

APPLICABLE ONLY TO CORPORATE ISSUERS:

Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date:

The Issuer had 3,249,327,026 shares of Common Stock, par value $0.00001, outstanding as of December 31, 2015.

TABLE OF CONTENTS

			Page
	PART I.		3
Item 1.	Financial Statements.		3
		Unaudited Consolidated Balance Sheets	3
		Unaudited Consolidated Statements of Operations	4
		Unaudited Consolidated Statements of Cash Flows	5
		Notes to Consolidated Financial Statements (Unaudited)	6
Item 2.	Management's Discussion and Analysis of Financial Condition and Results of Operations.		12
Item 3.	Quantitative and Qualitative Disclosures About Market Risk.		14
Item 4.	Controls and Procedures.		14
	PART II.		15
Item 1A.	Risk Factors.		15
Item 6.	Exhibits.		15
Signatures			18
Exhibit Index			19

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PART I: FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS.

ECOLOCAP SOLUTIONS INC.

CONSOLIDATED BALANCE SHEETS

(Unaudited)

	September 30,			December 31,
	2015			2014
ASSETS
CURRENT ASSETS:
Cash	$	-		$	-
Note Receivable		-			-
Prepaid expenses and sundry current  assets		-			-
TOTAL CURRENT ASSETS  AND ASSETS	$	-		$	-
LIABILITIES AND STOCKHOLDERS' DEFICIT
CURRENT LIABILITIES:
Customer deposits	$	175,000		$	175,000
Note Payable		1,007,547			973,206
Note payable-stockholders		1,580,669			1,370,760
Derivative liabilities		931,264			1,483,205
Accrued expenses and sundry current liabilities related party		119,032			86,117
Accrued expenses and sundry current liabilities		1,448,538			1,221,995
TOTAL CURRENT LIABILITIES AND TOTAL LIABILITIES	$	5,262,050		$	5,310,283
STOCKHOLDERS' DEFICIT
Common stock  10,000,000,000 shares authorized, par value $0.00001, 3,249,327,026 and 3,934,026 Shares, respectively issued and outstanding	$	32,493		$	39
Additional paid in capital		55,897,105			36,404,899
Accumulated Deficit		(64,322,654	)		(45,130,843	)
TOTAL STOCKHOLDERS' DEFICIT -Ecolocap Solutions Inc.	$	(8,393,056	)	$	(8,725,905	)
Less Non-controlling interest		3,131,006			3,415,622
TOTAL STOCKHOLDERS' DEFICIT		(5,262,050	)		(5,310,283	)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$	-		$	-

See Notes to Unaudited Financial Statements

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ECOLOCAP SOLUTIONS INC.

CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited)

	Nine Months			Nine Months			Three Months			Three Months
	ended			ended			ended			ended
	September 30,			September 30,			September 30,			September 30,
	2015			2014			2015			2014
COSTS AND EXPENSES:
Selling, general and administrative		(642,101	)		(515,586	)		(218,005	)		(165,979	)
TOTAL COSTS AND EXPENSES		(642,101	)		(515,586	)		(218,005	)		(165,979	)
OTHER INCOME (EXPENSES)
Interest income		-			93,791			-			20,458
Loss on settlement- note payable related party stockholders (expense)		(19,145,500	)		-			(19,145,500	)
Gain (loss) on derivatives at market		549,984			205,363			451,887			43,796
Interest expense-related party		(83,645	)		(72,177	)		(28,197	)		(23,600	)
Interest		(155,165	)		(569,116	)		(48,275	)		(110,357	)
TOTAL OTHER INCOME (EXPENSES)		(18,834,326	)		(342,139	)		(18,770,085	)		(69,703	)
Loss from continuing operations	$	(19,476,427	)	$	(857,725	)	$	(18,988,090	)	$	(235,682	)
Attributable to :
Ecolocap Solutions Inc	$	(19,191,811	)	$	(659,914	)	$	(18,889,270	)	$	(176,544	)
Non-controlling interest	$	(284,616	)	$	(197,811	)	$	(98,820	)	$	(59,138	)
Loss Per Common Share-Continuing operations-basic and diluted	$	(0.02	)	$	(0.24	)	$	(0.01	)	$	(0.06	)
Loss Per Common Share-basic and diluted	$	(0.02	)	$	(0.24	)	$	(0.01	)	$	(0.06	)
Average weighted Number of Shares-basic and diluted		1,045,845,550			3,513,397			3,129,216,887			3,934,026

See Notes to Unaudited Financial Statements

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ECOLOCAP SOLUTIONS INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

	For the Nine Months ended September 30			For the Nine Months ended September 30
	2015			2014
Net loss	$	(19,476,427	)	$	(857,725	)
Adjustment to reconcile net loss to net cash used in operating activities
Imputed interests of shareholders loans		50,730			40,795
Loss on settlement-note payable related party stockholders expense		19,145,500			-
Gain on derivatives liabilities at market		(549,984	)		(205,363	)
Interest expense on derivatives		36,314			469,140
Interests accrued in note receivable		-			(93,790	)
Changes in operating assets and liabilities:
Prepaid expenses and sundry current assets		-			19,944
Accrued expenses and sundry current liabilities		579,457			298,451
Net cash provided by (used in) operating activities		(214,410	)		(328,548	)
Financing activities
Proceeds of convertible notes payable		-			49,501
Proceeds of loans from shareholder		214,410			277,810
Net cash provided by (used in) financing activities		214,410			327,311
Decrease in cash		-			(1,237	)
Cash-beginning of period		-			1,237
Cash-end of period	$	-		$	-
Supplemental Disclosure of Cash Flow information
Non cash items :
Conversion of current liabilities, convertible notes payable, notes payable stockholders to common stock	$	326,473		$	268,402
Reclassification of derivative to APIC	$	(1,957	)	$	-
Non cash additions of loans from shareholders	$	269,999		$	-

See Notes to Unaudited Financial Statements

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ECOLOCAP SOLUTIONS INC.

NOTES TO FINANCIAL STATEMENTS

(Unaudited)

NOTE 1 – NATURE OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The Company was an active business from 2005 through 2006 and was involved in the artificial sport surface. From 2007 through September 2010, the Company was looking for new business and commenced the Carbon Credits (CER'S) business. In the 2009, the Company acquired a participation in Micro Bubble Technologies Inc. and became an integrated and complementary network of environmentally focused technology company. The Company currently has operations but limited revenues.

EcoloCap Solutions Inc. is an integrated and complementary network of environmentally focused technology companies that utilize advanced nanotechnology to design, develop and sell cleaner alternative energy products. We bring together the technology, engineering, and operational management for the successful development of environmentally significant products and projects. Our business approach combines science, innovation, and market-ready solutions to achieve environmentally sustainable and economically advantageous, power and energy management practices in the following areas: 

M-Fuel

EcoloCap Solutions Inc., through its subsidiary Micro Bubble Technologies Inc. (MBT), developed M-Fuel, an innovative suspension fuel that far exceeds all conventional fuels' costs and efficiencies. This environmentally-friendly and economical product is designed to offer fully scalable and customizable fuel solutions that will increase efficiency, lower operating costs, and reduce emissions. M -Fuel is a suspension mixture of 60% heavy oil, 40% H plus O2 molecules, and a 0.3% stabilizing additive. The production of M-Fuel takes place in our Nano Processing Units (NPU), a self-contained device that is sized for output. The NPU's can be configured to operate in conjunction with an engine or burner to sully M-Fuel on demand, or pre-manufactured for delivery. M-Fuels unique burning process facilitates increased efficiency, resulting in reduced emissions by 60%, reduced fuel consumption by 40%, and cut costs by up to 25%. 

ECOS/BIO-ART

ECOS/Bio-ART is a patented air injected high-speed aerobic biological fermentation technology, utilizing uniquely cultured Bacillus, and incorporated into a specifically designed in-vessel unit. The remediation process takes seven days and reduces moisture content to an average between 12%-25% on an output equal to 1/3 the input. The output can be used as organic fertilizer, animal feed, animal bedding or biomass. The computer controlled process monitors the temperature on 3 different levels. The technology reduces the costs associated with food waste disposal and in the process reduces the environmental impact or methane greenhouse gas production, provide a healthier life for all and create viable organic byproducts.

NOTE 2 - BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The accompanying unaudited interim financial statements of EcoloCap Solutions Inc., have been prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP"), and rules of the Securities and Exchange Commission, and should be read in conjunction with the audited financial statements and notes thereto contained in the Company's annual report on Form 10-K for the year ended December 31, 2014 as filed with the SEC. In the opinion of management, all adjustments, consisting of recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements which would substantially duplicate the disclosure contained in the audited financial statements as reported in the annual report on Form 10-K have been omitted.

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Going Concern

The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America, which contemplates continuation of the Company as a going concern. The Company has had recurring losses, large accumulated deficits, is dependent on the shareholder to provide additional funding for operating expenses and has no recurring revenues. These items raise substantial doubts about the Company's ability to continue as a going concern.

NOTE 3 – ACCRUED EXPENSES AND SUNDRY CURRENT LIABILITIES

Accrued expenses consisted of the following at:

	September 30		December 31
	2015		2014
Accrued interest	$	249,013	$	111,436
Accrued interest-related party		119,032		86,117
Accrued compensation		471,730		425,517
Accounts payable		240,000		240,000
Accrued operating expenses		487,795		445,042
	$	1,567,570	$	1,308,112

NOTE 4 – CONVERTIBLE NOTES PAYABLE

During the nine month period ended September 30, 2015, the Company did not receive any proceeds of loans and for the year ended December 31, 2014, the Company received the proceeds of various loans which are convertible at amounts ranging from 50% to 60% of the market price of the common shares of the Company at the time of conversion and bear interest at rates ranging from 8% to 22% per annum.  The amounts received during the year ended December 31, 2014 are $86,500 in cash, $140,000 in non-cash borrowings related to the default on Tonaquint loans in 2014.

The convertible feature of these loans, due to their potential settlement in an indeterminable number of shares of the Company's common stock has been identified as a derivative.  The derivative component is fair value at the date of issuance of the obligation and this amount is allocated between the derivative and the underlying obligation.  The difference is recorded as a debt discount and amortized over the life of the debt. The Redwood Management, LLC and Tonaquint notes are in default as of September 30, 2015.

During the nine month period ended September 30, 2015 and the year ended December 31, 2014 other convertible debts were converted into common shares of the Company.  During the nine month period ended September 30, 2015 and the year ended December 31, 2014, total loan conversions of $1,973 were made into 393,000 shares respectively and total loan conversions of $186,312 plus accrued interests of $28,547 were made into 1,841,012 shares respectively.

A summary of the amounts outstanding as of September 30, 2015 and December 31, 2014 are as follows:

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	Face amount		Less		Balance September 30,		Balance December 31,
	of loans		Debt discount		2015		2014
Tonaquint	$	552,693	$	138	$	552,555	$	521,640
Redwood Management, LLC		372,992		-		372,992		372,992
LG Capital		19,500		-		19,500		19,500
Proteus Capital		32,500		-		32,500		-
Asher Enterprises Inc		-		-		-		32,500
GSM Capital Group LLC		30,000		-		30,000		26,574
	$	1,007,685	$	138	$	1,007,547	$	973,206

NOTE 5 – NOTE PAYABLE – STOCKHOLDERS

The stockholders increase of $269,999, are additions for accrued salaries. These were not actual cash proceeds. The amount owed to stockholders at September 30, 2015 is $1,306,679. These loans are non interest bearing but interest is being imputed at 5.00% per annum and are payable on demand. An amount of $50,730 has been imputed in 2015 and $56,589 was imputed in 2014. During the nine month period ended September 30, 2015 and the year ended December 31, 2014, total loan conversions of $274,500 were made into 2,745,000,000 shares and $0, respectively.

During the nine month period ended 2015, the Company received $214,410 in loans from Hanscom Inc. The amount owed to Hanscom K. Inc. at September 30, 2015 is $245,490. These loans are non-interest bearing and are payable on demand.

The amount owed to RCO Group Inc. at September 30, 2015 is $28,500. These loans bear at 8.00% per annum and are payable on demand. These loans bear at 8.00% per annum and are payable on demand.    

During the nine month period ended September 30, 2015 and the year ended December 31, 2014, the Company received the proceeds of various loans which are convertible at amounts of 50% of the market price of the common shares of the Company at the time of conversion and bear interest at 8% per annum. The amounts received during period ended September 30, 2015 and the year ended December 31, 2014 are $0 and $23,528, respectively.

The convertible feature of these loans, due to their potential settlement in an indeterminable number of shares of the Company's common stock has been identified as a derivative.  The derivative component is fair valued at the date of issuance of the obligation and this amount is allocated between the derivative and the underlying obligation.  The difference is recorded as a debt discount and amortized over the life of the debt.

During the nine month period ended September 30, 2015 and the year ended December 31, 2014 other convertible debts were converted into common shares of the Company.  During the period ended September 30, 2015 and the year ended December 31, 2014, total loan conversions of $0 plus accrued interests of $0 and $48,616 plus accrued interests of $4,927 were made into 0 and 655,621 shares respectively.

A summary of the amounts outstanding as of September 30, 2015 and December 31, 2014 are as follows:

	Face amount		Less		Balance September 30,		Balance December 31,
	of loans		Debt discount		2015		2014
Stockholders	$	1,306,679	$	-	$	1,306,679	$	1,311,180
Hanscom K. Inc.		245,490		-		245,490		31,080
RCO Group Inc.		28,500		-		28,500		28,500
	$	1,580,669	$	-	$	1,580,669	$	1,370,760

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NOTE 6 – DERIVATIVE LIABILITIES

During the nine month period ended September 30, 2015, the Company recorded various derivative liabilities associated with the convertible debts discussed in Notes 7 and 8. The Company computes the value of the derivative liability at the issuance of the related obligation using the Black Scholes Method using a risk free rate of 0.14%, volatility rates ranging between 881% and 1319% and a forfeiture rate of 0.00%.  The derivative liability at September 30, 2015 and December 31, 2014 are as follows:

	2015		2014
Asher Enterprises Inc	$	-	$	72,222
Tonaquint		403,184		924,437
Proteus Capital Group LLC		39,722		-
LG Capital		48,733		46,887
GSM Fund		66,631		66,665
Redwood Management, LLC		372,994		372,994
Total	$	931,264	$	1,483,205

Financial assets and liabilities recorded at fair value in our balance sheets are categorized based upon a fair value hierarchy established by GAAP, which prioritizes the inputs used to measure fair value into the following levels:

Fair Value of Financial Instruments

Level 1— Quoted market prices in active markets for identical assets or liabilities at the measurement date.

Level 2— Quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; or other inputs that are observable and can be corroborated by observable market data.

Level 3— Inputs reflecting management's best estimates and assumptions of what market participants would use in pricing assets or liabilities at the measurement date. The inputs are unobservable in the market and significant to the valuation of the instruments.

A financial instrument's categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement.

Financial assets and liabilities measured at fair value on a recurring basis are summarized below for the period ended September 30, 2015.

	Level 1		Level 2		Level 3		Total
Derivative Financial Instruments	$	-	$	-	$	931,264	$	931,264

Financial assets and liabilities measured at fair value on a recurring basis are summarized below for the year ended December 31, 2014.

	Level 1		Level 2		Level 3		Total
Derivative Financial Instruments	$	-	$	-	$	1,483,205	$	1,483,205

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The following table summarizes the derivatives liability from January 1^st through September 30, 2015.

	Derivative liabilities
Balance December 31, 2014	$	1,483,205
Addition of new derivative		-
Day one loss due to derivative		-
Loss (Gain) on change in fair value of the derivative		(549,984	)
Settled upon conversion of debt		(1,957	)
Balance September 30, 2015	$	931,264

NOTE 7 – CAPITAL STOCK

The Company is authorized to issue 10,000,000,000 shares of common stock (par value $0.00001) of which 3,249,327,026 were issued and outstanding as of September 30, 2015 and 3,934,026 shares of common stock issued and outstanding as of December 31, 2014.

FINRA advised us that 1 for 2,000 reverse-stock split would be announced on February 17, 2015 on FINRA's daily list and the reverse split would take effect at the opening of business on February 18, 2015.  The new symbol will be ECOSD.  The D will be removed in 20 business days.

Accordingly, the market price of our common stock now reflects the 1 for 2,000 share reverse-stock split. The reverse-stock split has been retroactively applied to all shares amount in this filing.

During 2015, the following convertible debt owners converted loans plus accrued interests into common shares of the Company.

	Loans		Interest		Common shares
	converted		converted		Of the Company
Tonaquint (note 4)	$	1,973	$	-	$	393,000
Stockholders (note 5)		324,500		-		3,245,000,000
Total	$	326,473	$	-	$	3,245,393,000

During 2014, the following convertible debt owners converted loans plus accrued interests into common shares of the Company.

	Loans		Interests		Common shares
	converted		converted		Of the Company
Asher Enterprises Inc (note 4)	$	34,900	$	2,200	$	371,000
Tonaquint (note 4)		102,396		15,302		853,563
AES Capital Corp. (note 4)		24,016		5,949		299,646
AGS Capital Group LLC (note 5)		42,323		3,827		573,528
JMJ Financial (note 4)		25,000		5,096		316,803
Panache Capital LLC (note 5)		6,293		1,100		82,093
Total	$	234,928	$	33,474	$	2,496,633

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NOTE 8 – RELATED PARTY TRANSACTIONS

The stockholders increase of $269,999, are additions for accrued salaries. These were not actual cash proceeds. These loans carry an interest of 5.00% and are payable on demand.

For the periods ended September 30, 2015 and 2014, interest paid to related party totaled $21,886 and $17,263.     During the nine month period ended September 30, 2015, the Company settled loans of $324,500 with stockholders by conversions into 3,245,000,000 shares. The amount of loss incurred as settlement expense is $19,145,500.

NOTE 9 – SUBSEQUENT EVENTS

On December 19, 2016, we entered into a Supply Agreement (the "Supply Agreement") with Lakeshore Recycling Systems LLC wherein we agreed to manufacture and supply equipment and products to LLC for resale or lease to Lakeshore and LLC's customers.

In March 2017, the Company signed a common stock purchase agreement where a purchaser will purchase restricted stock of the Company for an aggregate purchase price of $50,000.

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ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

Operations

The following discussion of the financial condition and results of our operations should be read in conjunction with the financial statements and the related notes thereto included elsewhere in this Quarterly Report on Form 10-Q for the period ended September 30, 2015 (this "Report"). This Report contains certain forward-looking statements and our future operating results could differ materially from those discussed herein. Certain statements contained in this Report, including, without limitation, statements containing the words "believes", "anticipates," "expects" and the like, constitute "forward-looking statements" However, as we issue "penny stock," as such term is defined in Rule 3a51-1 promulgated under the Exchange Act, we are ineligible to rely on these safe harbor provisions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. We disclaim any obligation to update any such factors or to announce publicly the results of any revisions of the forward-looking statements contained or incorporated by reference herein to reflect future events or developments.

Business Plan

Our business approach combines science, innovation and market-ready solutions to achieve environmentally and economically beneficial energy and energy management practices.

The company's first objective is to provide its full turn-key solution at lower cost. The EcoloCap technology reduces the costs associated with food waste disposal and in the process reduces the environmental impact or methane greenhouse gas production, provide a healthier life for all and create viable organic byproducts.

The first target market is the Municipal solid waste industry (MSW). Grow the number of customer; expand ECOS BIO ART brand presence.

Discussions are also underway with a number of prospective customers and Ecolocap is confident it will enter into a number of sales agreements as soon as it can demonstrate its product with all the proprietary features. Ecolocap is confident it will provide such demos in the next months.

Results of Operations

For the Three and the Nine Month Periods ended September 30, 2015 and 2014

Overview

We incurred net losses of $18,988,090 and $19,476,427 for the three and nine month periods ended September 30, 2015 as compared to net losses of $235,682 and $857,725 for the comparable periods of 2014. There has been an increase of $126,515 in selling, general and administrative expenses, an increase in the gain on derivatives of $344,621, an increase of $19,145,500 in compensation expense and a decrease in interest expense of $402,483 mainly attributable to the interest expense resulting from derivative liabilities for the nine months ended September 30, 2015 compared to the comparable periods in 2014. For the three months period ended September 30, 2015 and 2014, there has been an increase of $52,026 in selling, general and administrative expenses, an increase in the gain on derivatives of $408,091 and a decrease in interest expense of $57,485 mainly attributable to the interest expense resulting from derivative liabilities.

Sales

For the three and nine month periods ended September 30, 2015 and 2014 we had no sales.

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Total Cost and Expenses

For the three and nine month periods ended September 30, 2015, we incurred Total Costs and Expenses of $218,005 and $642,101, an increase of 31% for the three month period and an increase of 25% for the nine month from the comparable periods of 2014.

Selling, General and Administrative

For the three and nine month periods ended September 30, 2015, we incurred selling, general and administrative expenses of $218,005 and $642,101 an increase of 31% from the three month period from the same period of 2014 and an increase of 25% for the nine month period from the same period of 2014. The increase resulted from the professional fees.

Interest

We calculate interest in accordance with the respective note payable. For the three and nine month periods ended September 30, 2015, we incurred a charge of $76,472 and $238,810, respectively, including related party interest. This compared to $133,957 and $641,293, respectively, for the same periods of the previous year. The decrease is caused by interest expense on increased borrowings and interest expense recorded upon issuance of convertible debt in which the debt discount related to the conversion feature recorded as a derivative exceed the face value of the note.

Liquidity and Capital Resources

At September 30, 2015 and at December 31, 2014, we had no cash. Total cash requirements for operations for the nine month period ended September 30, 2015 was $214,410. As a result of certain measures implemented to reduce corporate overhead, management estimates that cash requirements through the end of the fiscal year ended December 31, 2015 will be between $2.0 million to $5.5 million. As of the date of this Report, we do not have available resources sufficient to cover the expected cash requirements through the end of  the year. As a result, there is substantial doubt that we can continue as an ongoing business without obtaining additional financing. Management's plans for maintaining our operations and continued existence include selling additional equity securities and borrowing additional funds to pay operational expenses. There is no assurance we will be able to generate sufficient cash from operations, sell additional shares of Common Stock or borrow additional funds. Our inability to obtain additional cash could have a material adverse effect on our financial position, results of operations and our ability to continue its existence. If our losses continue and we are unable to secure additional financing, we may ultimately be required to seek protection from creditors under applicable bankruptcy laws.

We had total current assets and assets of $0 as of September 30, 2015. This was no change, as compared to current assets of $0 as of December 31, 2014.

We had total current liabilities of $5,262,050 as of September 30, 2015. This was a decrease of $48,233 or 1%, as compared to current liabilities of $5,310,283 as of December 31, 2014. The net decrease was attributable to a decrease in derivative liabilities.

Our financial condition raises substantial doubt about our ability to continue as a going concern. Management's plan for our continued existence includes selling additional stock through private placements and borrowing additional funds to pay overhead expenses while maintaining marketing efforts to raise our sales volume. Our future success is dependent upon our ability to achieve profitable operations, generate cash from operating activities and obtain additional financing. There is no assurance that we will be able to generate sufficient cash from operations, sell additional shares of common stock or borrow additional funds. Our inability to obtain additional cash could have a material adverse effect on our financial position, results of operations and our ability to continue as a going concern.

- 13 -

This section includes a number of forward-looking statements that reflect our current views with respect to future events and financial performance. Forward-looking statements are often identified by words like: believe, expect, estimate, anticipate, intend, project and similar expressions, or words which, by their nature, refer to future events. You should not place undue certainty on these forward-looking statements, which apply only as of the date of this Memorandum. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or our predictions.

We have only had operating losses which raise substantial doubts about our viability to continue our business and our auditors have issued an opinion expressing the uncertainty of our company to continue as a going concern. If we are not able to continue operations, investors could lose their entire investment in our company.

Contractual Obligations

The Company was party to a lease for the Company's Barrington office, at a minimum annual rent of approximately $24,000 per year. The Barrington lease expired in May 2013 and the Company remains in these premises on a month to month basis.

Off-Balance Sheet Arrangements

The Company is not a party to any off-balance sheet arrangements.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.

ITEM 4. EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES.

The Company's Principal Executive Officer and Principal Financial Officer have evaluated the effectiveness of our disclosure controls and procedures as of the end of the period covered by this report pursuant to Rule 13a-15(b) under the Securities Exchange Act of 1934 (the "Exchange Act"). Based on that evaluation, the Company's Chief Executive Officer and Chief Financial Officer have concluded that, as of the end of the period covered by this report, our disclosure controls and procedures are not effective in ensuring that information required to be disclosed in the reports that we file or submit under the Exchange Act is (1) recorded, processed, summarized and reported within the periods specified in the Commission's rules and forms, and (2) accumulated and communicated to our management, including our Chief Executive Officer and Chief Financial Officer or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure. The conclusion that our disclosure controls and procedures were not effective was due to the presence of the following material weaknesses in internal control over financial reporting which are indicative of many small companies with small staff: the lack of a functioning audit committee and segregation of duties, resulting in ineffective oversight in the establishment and monitoring of required internal controls and procedures.

Management believes that the material weaknesses set forth above did not have an effect on our financial results. However, management believes that the lack of a functioning audit committee and the lack of a majority of outside directors on our board of directors results in ineffective oversight in the establishment and monitoring of required internal controls and procedures, which could result in a material misstatement in our financial statements in future periods.

Changes in Internal Control over Financial Reporting

We have not made a change in our internal control over financial reporting (as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act) during the fiscal quarter ended September 30, 2015 that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

- 14 -

PART II OTHER INFORMATION

ITEM 1A. RISK FACTORS.

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.

ITEM 6. EXHIBITS.

Exhibit		Incorporated by reference			Filed
Number	Document Description	Form	Date	Number	herewith
3.1	Articles of Incorporation, as amended.	SB-2	5/28/04	3.1
3.2	Bylaws.	SB-2	5/28/04	3.2
3.3	Certificate of Amendment to Articles of Incorporation.	10-QSB	12/30/05	3.3
3.4	Bylaws, as amended on March 17, 2006.	10-KSB	4/13/06	3.4
10.1	Letter of Intent with XL Generation AG.	8-K	7/6/05	99.1
10.2	Share Exchange Agreement with XL Generation AG.	8-K	8/19/05	99.1
10.3	Loan Agreement with Capex Investments.	8-K	9/14/05	99.1
10.4	Form of Indemnification Agreement with Capex Investments Limited.	8-K/A	11/1/05	10.4
10.5	Common Stock Purchase Agreement with Capex Investments Limited.	8-K	11/15/05	10.5
10.6	Common Stock Purchase Agreement with Aton Selct Fund Limited.	8-K	11/15/05	10.6
10.7	Common Stock Purchase Agreement with Asset Protection Fund Limited.	8-K	11/15/05	10.7
10.8	Series A Warrant to Purchase Shares of Common Stock to Capex Investments Limited.	8-K	11/15/05	10.8
10.9	Series A Warrant to Purchase Shares of Common Stock to Aton Select Fund Limited.	8-K	11/15/05	10.9
10.10	Series A Warrant to Purchase Shares of Common Stock to Asset Protection Fund Limited.	8-K	11/15/05	10.10
10.11	Registration Rights Agreement with Capex Investments Limited.	8-K	11/15/05	10.11
10.12	Registration Rights Agreement with Aton Select Fund Limited.	8-K	11/15/05	10.12
10.13	Registration Rights Agreement with Asset Protection Fund Limited.	8-K	11/15/05	10.13
10.14	Amendment to the Common Stock Purchase Agreement with Aton Select Fund Limited.	8-K	12/08/05	10.14
10.15	Amendment to the Common Stock Purchase Agreement with Asset Protection Fund Limited.	8-K	12/08/05	10.15
10.16	Lease Agreement with 866 U.N. Plaza Associates LLC.	10-QSB	12/30/05	10.16
10.17	Exclusive Manufacturing License Agreement and Non-Exclusive Distribution Agreement with APW Inc.	10-QSB	12/30/05	10.17
10.18	Common Stock Purchase Agreement with Professional Trading Services SA.	SB-2	1/13/06	10.18
10.19	Series B Warrant to Purchase Shares of Common Stock to Professional Trading Services SA.	SB-2	1/13/06	10.19
10.20	Registration Rights Agreement with Professional Trading Services SA.	SB-2	1/13/06	10.20
10.21	Amended and Restated Common Stock Purchase Agreement with Bank Sal. Oppenheim Jr. & Cie. (Switzerland) Limited.	SB-2	1/13/06	10.21

- 15 -

10.22	Series B Warrant to Purchase Shares of Common Stock to Bank Sal. Oppenheim Jr. & Cie. (Switzerland) Limited.	SB-2	1/13/06	10.22
10.23	Agreement of Withdrawal from Stadium SA.	SB-2	1/13/06	10.23
10.24	License Agreement with WKF/5 Ltd.	SB-2	1/13/06	10.24
10.25	Amendment to License Agreement with WKF/5 Ltd and Alain Lemieux.	SB-2	1/13/06	10.25
10.26	Form of Subscription Agreement.	SB-2	5/28/04	99.1
10.27	Employment Agreement with Alain Lemieux.	10-KSB	4/13/06	10.27
10.28	Employment Agreement with Daniel Courteau.	10-KSB	4/13/06	10.28
10.29	Employment Agreement with Flemming Munck.	10-KSB	4/13/06	10.29
10.30	Employment Agreement with Eric Giguere.	10-KSB	4/13/06	10.30
10.31	Endorsement Agreement with La Societe 421 Productions.	10-KSB	4/13/06	10.31
10.32	Summary of terms and conditions of Oral Consulting Agreement with Greendale Consulting Limited.	10-KSB	4/13/06	10.32
10.33	Exclusive Manufacturing License Agreement with Polyprod Inc.	10-KSB	4/13/06	10.33
10.34	Management Fee Arrangement with Polyprod Inc.	10-KSB	4/13/06	10.34
10.35	Supply Contract with Febra- Kunststoffe GimbH and BASF Aktiengesellschaft.	10-KSB	4/13/06	10.35
10.36	Loan Agreement with Fiducie Alain Lemieux.	10-KSB	4/13/06	10.36
10.37	Confirmation of Debt.	10-KSB	4/13/06	10.37
10.38	Agreement with Daniel Courteau regarding Repayment of loans to Symbior Technologies Inc.	10-KSB	4/13/06	10.38
10.39	2006 Equity Incentive Plan.	10-KSB	4/13/06	10.39
10.40	Loan Agreement with Albert Beerli.	10-KSB	4/13/06	10.40
10.41	Summary of terms and conditions of Loan Agreement with Albert Beerli.	10-KSB	4/13/06	10.41
10.42	Lease Agreement with Albert Beerli.	10-KSB	4/13/06	10.42
10.43	Memorandum regarding XL Generation Canada Inc.	10-KSB	4/13/06	10.43
10.44	Stock Purchase Agreement with XL Generation AG and Stadium SA.	10-KSB	4/13/06	10.44
10.45	Common Stock Purchase Agreement with Poma Management SA.	10-QSB	9/13/06	10.45
10.46	Common Stock Purchase Agreement with Aton Select Fund Limited.	10-QSB	9/13/06	10.46
10.47	Consulting Agreement by and between Ecolocap Solutions Inc. and Lakeview Consulting LLC.	8-K	11/11/08	10.47
10.48	"ERPA" with Hong Kong Construction Investment Joint Stock Company.	8-K	12/23/08	10.1
10.49	"ERPA" with Thuong Hai Joint Stock Company.	8-K	12/23/08	10.2
10.50	"ERPA" with Vietnam Power Development Joint Stock Company.	8-K	12/23/08	10.3
10.51	"ERPA" with Hop Xuan Investment Joint Stock Company, Vietnam.	8-K	12/23/08	10.4
10.52	"ERPA" with ThangLong Education Development and Construction Import Export Investment Joint Stock Company.	8-K	12/23/08	10.5
10.53	Revised Consulting Agreement with Sodexen Inc.	8-K	12/23/08	10.6
10.54	Agreement with United Best Technology Limited.	8-K	12/23/08	10.7
10.55	Escrow Agreement with United Best Technology Limited.	8-K	12/23/08	10.8
10.56	"ERPA" with Tan Hiep Phuc Electricity Construction Joint-Stock Company Vietnam.	8-K	12/23/08	10.9
10.57	"ERPA" with Tuan Anh Hydraulic Development and Construction Investment Corporation, Vietnam.	8-K	12/23/08	10.10
10.58	"ERPA" with Lao Cai Energy & Resources Investment Joint Stock Company, Vietnam.	8-K	12/23/08	10.11

- 16 -

10.59	"ERPA" with Xiangton Iron and Steel Group Co. Ltd.	8-K	12/23/08	10.12
10.60	"ERPA" with Hunan Valin Xiangton Iron & Steel Co. Ltd.	8-K	12/23/08	10.13
10.61	"ERPA" with Hebi Coal Industry (Group) Co. Ltd.	8-K	12/23/08	10.14
10.62	"ERPA" with Hebei Jinlong Cement Group Co., Ltd.	8-K	12/23/08	10.15
10.63	"ERPA" with Bao Tan Hydro Electric Joint-Stock Company.	8-K	12/23/08	10.16
10.64	"ERPA" with Construction and Infrastruction Development Joint-Stock Company Number Nine.	8-K	12/23/08	10.17
10.65	Greenhouse Gas Offset Management Services Representation Agreement.	8-K	12/23/08	10.18
10.66	"ERPA" with Xinjiang Xiangjianfeng Energy and Technology Development Co. Ltd.	8-K	12/23/08	10.19
10.67	Technical Service Agreement with Xinjiang Xiangjinfeng Energy and Technology Development Co., Ltd.	8-K	12/23/08	10.20
10.68	Technical Service Agreement with Hebei Fengda Metallized Pellet Co., Ltd.	8-K	12/23/08	10.21
10.69	"ERPA" with Hebei Fengda Metallized Pellet Co., Ltd.	8-K	12/23/08	10.22
10.70	"ERPA" with Shandong Chengzeyuan Environment Protection Engineering Co. Ltd.	8-K	12/23/08	10.23
10.71	Technical Services Agreement with Shandong Chengzeyuan Environment Protection Engineering Co., Ltd.	8-K	12/23/08	10.24
10.72	Technical Services Agreement with Leshan Kingssun Group Co. Ltd.	8-K	12/23/08	10.25
10.73	"ERPA" with Leshan Kingssun Group Co., Ltd.	8-K	12/23/08	10.26
10.74	Supply Agreement dated July 25, 2012.	8-K	7/30/12	10.1
10.75	Sale and Purchase Agreement dated July 27, 2012.	8-K	7/30/12	10.2
14.1	Code of Ethics.	10-KSB	3/31/08	14.1
31.1	Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.				X
31.2	Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.				X
32.1	Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 for the Chief Executive Officer.				X
32.2	Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 for the Chief Financial Officer.				X
99.1	Audit Committee Charter.	10-KSB	3/31/08	99.1
99.2	Executive Committee Charter.	10-KSB	3/31/08	99.2
99.3	Nominating and Corporate Governance Committee Charter.	10-KSB	3/31/08	99.3
99.4	Stock Option Plan.	10-KSB	3/31/08	99.4
101.INS	XBRL Instance Document.				X
101.SCH	XBRL Taxonomy Extension – Schema.				X
101.CAL	XBRL Taxonomy Extension – Calculations.				X
101.DEF	XBRL Taxonomy Extension – Definitions.				X
101.LAB	XBRL Taxonomy Extension – Labels.				X
101.PRE	XBRL Taxonomy Extension – Presentation.				X

- 17 -

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following person on behalf of the Registrant and in the capacities on this 27^th day of April, 2017.

ECOLOCAP SOLUTIONS INC.
BY:	MICHAEL SIEGEL
	Michael Siegel Principal Executive Officer and a member of the Board of Directors
BY:	MICHEL ST-PIERRE
	Michel St-Pierre Principal Financial Officer and Principal Accounting Officer

- 18 -

EXHIBIT INDEX

Exhibit		Incorporated by reference			Filed
Number	Document Description	Form	Date	Number	herewith
3.1	Articles of Incorporation, as amended.	SB-2	5/28/04	3.1
3.2	Bylaws.	SB-2	5/28/04	3.2
3.3	Certificate of Amendment to Articles of Incorporation.	10-QSB	12/30/05	3.3
3.4	Bylaws, as amended on March 17, 2006.	10-KSB	4/13/06	3.4
10.1	Letter of Intent with XL Generation AG.	8-K	7/6/05	99.1
10.2	Share Exchange Agreement with XL Generation AG.	8-K	8/19/05	99.1
10.3	Loan Agreement with Capex Investments.	8-K	9/14/05	99.1
10.4	Form of Indemnification Agreement with Capex Investments Limited.	8-K/A	11/1/05	10.4
10.5	Common Stock Purchase Agreement with Capex Investments Limited.	8-K	11/15/05	10.5
10.6	Common Stock Purchase Agreement with Aton Selct Fund Limited.	8-K	11/15/05	10.6
10.7	Common Stock Purchase Agreement with Asset Protection Fund Limited.	8-K	11/15/05	10.7
10.8	Series A Warrant to Purchase Shares of Common Stock to Capex Investments Limited.	8-K	11/15/05	10.8
10.9	Series A Warrant to Purchase Shares of Common Stock to Aton Select Fund Limited.	8-K	11/15/05	10.9
10.10	Series A Warrant to Purchase Shares of Common Stock to Asset Protection Fund Limited.	8-K	11/15/05	10.10
10.11	Registration Rights Agreement with Capex Investments Limited.	8-K	11/15/05	10.11
10.12	Registration Rights Agreement with Aton Select Fund Limited.	8-K	11/15/05	10.12
10.13	Registration Rights Agreement with Asset Protection Fund Limited.	8-K	11/15/05	10.13
10.14	Amendment to the Common Stock Purchase Agreement with Aton Select Fund Limited.	8-K	12/08/05	10.14
10.15	Amendment to the Common Stock Purchase Agreement with Asset Protection Fund Limited.	8-K	12/08/05	10.15
10.16	Lease Agreement with 866 U.N. Plaza Associates LLC.	10-QSB	12/30/05	10.16
10.17	Exclusive Manufacturing License Agreement and Non-Exclusive Distribution Agreement with APW Inc.	10-QSB	12/30/05	10.17
10.18	Common Stock Purchase Agreement with Professional Trading Services SA.	SB-2	1/13/06	10.18
10.19	Series B Warrant to Purchase Shares of Common Stock to Professional Trading Services SA.	SB-2	1/13/06	10.19
10.20	Registration Rights Agreement with Professional Trading Services SA.	SB-2	1/13/06	10.20
10.21	Amended and Restated Common Stock Purchase Agreement with Bank Sal. Oppenheim Jr. & Cie. (Switzerland) Limited.	SB-2	1/13/06	10.21
10.22	Series B Warrant to Purchase Shares of Common Stock to Bank Sal. Oppenheim Jr. & Cie. (Switzerland) Limited.	SB-2	1/13/06	10.22
10.23	Agreement of Withdrawal from Stadium SA.	SB-2	1/13/06	10.23
10.24	License Agreement with WKF/5 Ltd.	SB-2	1/13/06	10.24

- 19 -

10.25	Amendment to License Agreement with WKF/5 Ltd and Alain Lemieux.	SB-2	1/13/06	10.25
10.26	Form of Subscription Agreement.	SB-2	5/28/04	99.1
10.27	Employment Agreement with Alain Lemieux.	10-KSB	4/13/06	10.27
10.28	Employment Agreement with Daniel Courteau.	10-KSB	4/13/06	10.28
10.29	Employment Agreement with Flemming Munck.	10-KSB	4/13/06	10.29
10.30	Employment Agreement with Eric Giguere.	10-KSB	4/13/06	10.30
10.31	Endorsement Agreement with La Societe 421 Productions.	10-KSB	4/13/06	10.31
10.32	Summary of terms and conditions of Oral Consulting Agreement with Greendale Consulting Limited.	10-KSB	4/13/06	10.32
10.33	Exclusive Manufacturing License Agreement with Polyprod Inc.	10-KSB	4/13/06	10.33
10.34	Management Fee Arrangement with Polyprod Inc.	10-KSB	4/13/06	10.34
10.35	Supply Contract with Febra- Kunststoffe GimbH and BASF Aktiengesellschaft.	10-KSB	4/13/06	10.35
10.36	Loan Agreement with Fiducie Alain Lemieux.	10-KSB	4/13/06	10.36
10.37	Confirmation of Debt.	10-KSB	4/13/06	10.37
10.38	Agreement with Daniel Courteau regarding Repayment of loans to Symbior Technologies Inc.	10-KSB	4/13/06	10.38
10.39	2006 Equity Incentive Plan.	10-KSB	4/13/06	10.39
10.40	Loan Agreement with Albert Beerli.	10-KSB	4/13/06	10.40
10.41	Summary of terms and conditions of Loan Agreement with Albert Beerli.	10-KSB	4/13/06	10.41
10.42	Lease Agreement with Albert Beerli.	10-KSB	4/13/06	10.42
10.43	Memorandum regarding XL Generation Canada Inc.	10-KSB	4/13/06	10.43
10.44	Stock Purchase Agreement with XL Generation AG and Stadium SA.	10-KSB	4/13/06	10.44
10.45	Common Stock Purchase Agreement with Poma Management SA.	10-QSB	9/13/06	10.45
10.46	Common Stock Purchase Agreement with Aton Select Fund Limited.	10-QSB	9/13/06	10.46
10.47	Consulting Agreement by and between Ecolocap Solutions Inc. and Lakeview Consulting LLC.	8-K	11/11/08	10.47
10.48	"ERPA" with Hong Kong Construction Investment Joint Stock Company.	8-K	12/23/08	10.1
10.49	"ERPA" with Thuong Hai Joint Stock Company.	8-K	12/23/08	10.2
10.50	"ERPA" with Vietnam Power Development Joint Stock Company.	8-K	12/23/08	10.3
10.51	"ERPA" with Hop Xuan Investment Joint Stock Company, Vietnam.	8-K	12/23/08	10.4
10.52	"ERPA" with ThangLong Education Development and Construction Import Export Investment Joint Stock Company.	8-K	12/23/08	10.5
10.53	Revised Consulting Agreement with Sodexen Inc.	8-K	12/23/08	10.6
10.54	Agreement with United Best Technology Limited.	8-K	12/23/08	10.7
10.55	Escrow Agreement with United Best Technology Limited.	8-K	12/23/08	10.8
10.56	"ERPA" with Tan Hiep Phuc Electricity Construction Joint-Stock Company Vietnam.	8-K	12/23/08	10.9
10.57	"ERPA" with Tuan Anh Hydraulic Development and Construction Investment Corporation, Vietnam.	8-K	12/23/08	10.10
10.58	"ERPA" with Lao Cai Energy & Resources Investment Joint Stock Company, Vietnam.	8-K	12/23/08	10.11
10.59	"ERPA" with Xiangton Iron and Steel Group Co. Ltd.	8-K	12/23/08	10.12

- 20 -

10.60	"ERPA" with Hunan Valin Xiangton Iron & Steel Co. Ltd.	8-K	12/23/08	10.13
10.61	"ERPA" with Hebi Coal Industry (Group) Co. Ltd.	8-K	12/23/08	10.14
10.62	"ERPA" with Hebei Jinlong Cement Group Co., Ltd.	8-K	12/23/08	10.15
10.63	"ERPA" with Bao Tan Hydro Electric Joint-Stock Company.	8-K	12/23/08	10.16
10.64	"ERPA" with Construction and Infrastruction Development Joint-Stock Company Number Nine.	8-K	12/23/08	10.17
10.65	Greenhouse Gas Offset Management Services Representation Agreement.	8-K	12/23/08	10.18
10.66	"ERPA" with Xinjiang Xiangjianfeng Energy and Technology Development Co. Ltd.	8-K	12/23/08	10.19
10.67	Technical Service Agreement with Xinjiang Xiangjinfeng Energy and Technology Development Co., Ltd.	8-K	12/23/08	10.20
10.68	Technical Service Agreement with Hebei Fengda Metallized Pellet Co., Ltd.	8-K	12/23/08	10.21
10.69	"ERPA" with Hebei Fengda Metallized Pellet Co., Ltd.	8-K	12/23/08	10.22
10.70	"ERPA" with Shandong Chengzeyuan Environment Protection Engineering Co. Ltd.	8-K	12/23/08	10.23
10.71	Technical Services Agreement with Shandong Chengzeyuan Environment Protection Engineering Co., Ltd.	8-K	12/23/08	10.24
10.72	Technical Services Agreement with Leshan Kingssun Group Co. Ltd.	8-K	12/23/08	10.25
10.73	"ERPA" with Leshan Kingssun Group Co., Ltd.	8-K	12/23/08	10.26
10.74	Supply Agreement dated July 25, 2012.	8-K	7/30/12	10.1
10.75	Sale and Purchase Agreement dated July 27, 2012.	8-K	7/30/12	10.2
14.1	Code of Ethics.	10-KSB	3/31/08	14.1
31.1	Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.				X
31.2	Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.				X
32.1	Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 for the Chief Executive Officer.				X
32.2	Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 for the Chief Financial Officer.				X
99.1	Audit Committee Charter.	10-KSB	3/31/08	99.1
99.2	Executive Committee Charter.	10-KSB	3/31/08	99.2
99.3	Nominating and Corporate Governance Committee Charter.	10-KSB	3/31/08	99.3
99.4	Stock Option Plan.	10-KSB	3/31/08	99.4
101.INS	XBRL Instance Document.				X
101.SCH	XBRL Taxonomy Extension – Schema.				X
101.CAL	XBRL Taxonomy Extension – Calculations.				X
101.DEF	XBRL Taxonomy Extension – Definitions.				X
101.LAB	XBRL Taxonomy Extension – Labels.				X
101.PRE	XBRL Taxonomy Extension – Presentation.				X

- 21 -

EX-31.1

Exhibit 31.1

SARBANES-OXLEY SECTION 302(a) CERTIFICATION

I, Michael Siegel, certify that:

1. I have reviewed this Form 10-Q for the period ending September 30, 2015 of Ecolocap Solutions Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c. Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d. Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date:	April 27, 2017	MICHAEL SIEGEL
		Michael Siegel
		Principal Executive Officer

EX-31.2

Exhibit 31.2

SARBANES-OXLEY SECTION 302(a) CERTIFICATION

I, Michel St-Pierre, certify that:

1. I have reviewed this Form 10-Q for the period ending September 30, 2015 of Ecolocap Solutions Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c. Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d. Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date:	April 27, 2017	MICHEL ST-PIERRE
		Michel St-Pierre
		Principal Financial Officer

EX-32.1

Exhibit 32.1

CERTIFICATION PURSUANT TO

18 U.S.C. Section 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Ecolocap Solutions Inc. (the "Company") on Form 10-Q for the period ended September 30, 2015, as filed with the Securities and Exchange Commission on the date hereof (the "report"), I, Michael Siegel, Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in this Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Dated this 27^th day of April, 2017.

MICHAEL SIEGEL

Michael Siegel

Chief Executive Officer

EX-32.2

Exhibit 32.2

CERTIFICATION PURSUANT TO

18 U.S.C. Section 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Ecolocap Solutions Inc. (the "Company") on Form 10-Q for the period ended September 30, 2015, as filed with the Securities and Exchange Commission on the date hereof (the "report"), I, Michel St-Pierre, Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in this Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Dated this 27^th day of April, 2017.

MICHEL ST-PIERRE

Michel St-Pierre

Chief Financial Officer

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Document And Entity Information	9 Months Ended
	Sep. 30, 2015 shares
Document and Entity Information [Abstract]
Entity Registrant Name	Ecolocap Solutions Inc.
Document Type	10-Q
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding	3,249,327,026
Amendment Flag	false
Entity Central Index Key	0001290506
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Document Period End Date	Sep. 30, 2015
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q3

XML

Consolidated Balance Sheets - USD ($)	Sep. 30, 2015	Dec. 31, 2014
CURRENT LIABILITIES:
Customer deposits	$ 175,000	$ 175,000
Note Payable	1,007,547	973,206
Note payable-stockholders	1,580,669	1,370,760
Derivative liabilities	931,264	1,483,205
Accrued expenses and sundry current liabilities related party	119,032	86,117
Accrued expenses and sundry current liabilities	1,448,538	1,221,995
TOTAL CURRENT LIABILITIES AND TOTAL LIABILITIES	5,262,050	5,310,283
STOCKHOLDERS' DEFICIT
Common stock 10,000,000,000 shares authorized, par value $0.00001, 3,249,327,026 and 3,934,026 Shares, respectively issued and outstanding	32,493	39
Additional paid in capital	55,897,105	36,404,899
Accumulated Deficit	(64,322,654)	(45,130,843)
TOTAL STOCKHOLDERS' DEFICIT -Ecolocap Solutions Inc.	(8,393,056)	(8,725,905)
Less Non-controlling interest	3,131,006	3,415,622
TOTAL STOCKHOLDERS' DEFICIT	$ (5,262,050)	$ (5,310,283)

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Consolidated Balance Sheets (Parentheticals) - $ / shares	Sep. 30, 2015	Dec. 31, 2014
Common stock, authorized	10,000,000,000	10,000,000,000
Common stock, par value (in Dollars per share)	$ 0.00001	$ 0.00001
Common stock, issued	3,249,327,026	3,934,026
Common stock, outstanding	3,249,327,026	3,934,026

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Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
COSTS AND EXPENSES:
Selling, general and administrative	$ (218,005)	$ (165,979)	$ (642,101)	$ (515,586)
TOTAL COSTS AND EXPENSES	(218,005)	(165,979)	(642,101)	(515,586)
OTHER INCOME (EXPENSES)
Interest income		20,458		93,791
Loss on settlement- note payable related party stockholders (expense)	(19,145,500)		(19,145,500)
Gain (loss) on derivatives at market	451,887	43,796	549,984	205,363
Interest expense-related party	(28,197)	(23,600)	(83,645)	(72,177)
Interest	(48,275)	(110,357)	(155,165)	(569,116)
TOTAL OTHER INCOME (EXPENSES)	(18,770,085)	(69,703)	(18,834,326)	(342,139)
Loss from continuing operations	(18,988,090)	(235,682)	(19,476,427)	(857,725)
Ecolocap Solutions Inc	(18,889,270)	(176,544)	(19,191,811)	(659,914)
Non-controlling interest	$ (98,820)	$ (59,138)	$ (284,616)	$ (197,811)
Loss Per Common Share-Continuing operations-basic and diluted (in Dollars per share)	$ (0.01)	$ (0.06)	$ (0.02)	$ (0.24)
Loss Per Common Share-basic and diluted (in Dollars per share)	$ (0.01)	$ (0.06)	$ (0.02)	$ (0.24)
Average weighted Number of Shares-basic and diluted (in Shares)	3,129,216,887	3,934,026	1,045,845,550	3,513,397

XML

Consolidated Statements of Cash Flows (Unaudited)	9 Months Ended
	Sep. 30, 2015 USD ($)	Sep. 30, 2014 USD ($)
Net loss	$ (19,476,427)	$ (857,725)
Imputed interests of shareholders loans	50,730	40,795
Loss on settlement-note payable related party stockholders expense	19,145,500
Gain on derivatives liabilities at market	(549,984)	(205,363)
Interest expense on derivatives	36,314	469,140
Interests accrued in note receivable		(93,790)
Prepaid expenses and sundry current assets		19,944
Accrued expenses and sundry current liabilities	579,457	298,451
Net cash provided by (used in) operating activities	(214,410)	(328,548)
Proceeds of convertible notes payable		49,501
Proceeds of loans from shareholder	214,410	277,810
Net cash provided by (used in) financing activities	214,410	327,311
Decrease in cash		(1,237)
Cash-beginning of period		1,237
Conversion of current liabilities, convertible notes payable, notes payable stockholders to common stock	326,473	$ 268,402
Reclassification of derivative to APIC	(1,957)
Non cash additions of loans from shareholders	$ 269,999

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NOTE 1 - NATURE OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

9 Months Ended

Sep. 30, 2015

Natureof Businessand Summaryof Significant Accounting Policies [Abstract]

Nature of Business and Summary of Significant Accounting Policies

NOTE 1 – NATURE OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The Company was an active business from 2005 through 2006 and was involved in the artificial sport surface. From 2007 through September 2010, the Company was looking for new business and commenced the Carbon Credits (CER'S) business. In the 2009, the Company acquired a participation in Micro Bubble Technologies Inc. and became an integrated and complementary network of environmentally focused technology company. The Company currently has operations but limited revenues.

EcoloCap Solutions Inc. is an integrated and complementary network of environmentally focused technology companies that utilize advanced nanotechnology to design, develop and sell cleaner alternative energy products. We bring together the technology, engineering, and operational management for the successful development of environmentally significant products and projects. Our business approach combines science, innovation, and market-ready solutions to achieve environmentally sustainable and economically advantageous, power and energy management practices in the following areas: 

M-Fuel

EcoloCap Solutions Inc., through its subsidiary Micro Bubble Technologies Inc. (MBT), developed M-Fuel, an innovative suspension fuel that far exceeds all conventional fuels' costs and efficiencies. This environmentally-friendly and economical product is designed to offer fully scalable and customizable fuel solutions that will increase efficiency, lower operating costs, and reduce emissions. M -Fuel is a suspension mixture of 60% heavy oil, 40% H plus O2 molecules, and a 0.3% stabilizing additive. The production of M-Fuel takes place in our Nano Processing Units (NPU), a self-contained device that is sized for output. The NPU's can be configured to operate in conjunction with an engine or burner to sully M-Fuel on demand, or pre-manufactured for delivery. M-Fuels unique burning process facilitates increased efficiency, resulting in reduced emissions by 60%, reduced fuel consumption by 40%, and cut costs by up to 25%. 

ECOS/BIO-ART

ECOS/Bio-ART is a patented air injected high-speed aerobic biological fermentation technology, utilizing uniquely cultured Bacillus, and incorporated into a specifically designed in-vessel unit. The remediation process takes seven days and reduces moisture content to an average between 12%-25% on an output equal to 1/3 the input. The output can be used as organic fertilizer, animal feed, animal bedding or biomass. The computer controlled process monitors the temperature on 3 different levels. The technology reduces the costs associated with food waste disposal and in the process reduces the environmental impact or methane greenhouse gas production, provide a healthier life for all and create viable organic byproducts.

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NOTE 2 - BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

9 Months Ended

Sep. 30, 2015

Disclosure Text Block [Abstract]

Basis of Presentation and Significant Accounting Policies [Text Block]

NOTE 2 - BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The accompanying unaudited interim financial statements of EcoloCap Solutions Inc., have been prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP"), and rules of the Securities and Exchange Commission, and should be read in conjunction with the audited financial statements and notes thereto contained in the Company's annual report on Form 10-K for the year ended December 31, 2014 as filed with the SEC. In the opinion of management, all adjustments, consisting of recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements which would substantially duplicate the disclosure contained in the audited financial statements as reported in the annual report on Form 10-K have been omitted.

Going Concern

The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America, which contemplates continuation of the Company as a going concern. The Company has had recurring losses, large accumulated deficits, is dependent on the shareholder to provide additional funding for operating expenses and has no recurring revenues. These items raise substantial doubts about the Company's ability to continue as a going concern.

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NOTE 3 - ACCRUED EXPENSES AND SUNDRY CURRENT LIABILITIES

9 Months Ended

Sep. 30, 2015

Payables and Accruals [Abstract]

Accounts Payable and Accrued Liabilities Disclosure [Text Block]

NOTE 3 – ACCRUED EXPENSES AND SUNDRY CURRENT LIABILITIES

Accrued expenses consisted of the following at:

	September 30		December 31
	2015		2014
Accrued interest	$	249,013	$	111,436
Accrued interest-related party		119,032		86,117
Accrued compensation		471,730		425,517
Accounts payable		240,000		240,000
Accrued operating expenses		487,795		445,042
	$	1,567,570	$	1,308,112

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NOTE 4 - CONVERTIBLE NOTE PAYABLE

9 Months Ended

Sep. 30, 2015

Convertible Note Payable [Abstract]

Convertible Note Payable

NOTE 4 – CONVERTIBLE NOTES PAYABLE

During the nine month period ended September 30, 2015, the Company did not receive any proceeds of loans and for the year ended December 31, 2014, the Company received the proceeds of various loans which are convertible at amounts ranging from 50% to 60% of the market price of the common shares of the Company at the time of conversion and bear interest at rates ranging from 8% to 22% per annum.  The amounts received during the year ended December 31, 2014 are $86,500 in cash, $140,000 in non-cash borrowings related to the default on Tonaquint loans in 2014.

The convertible feature of these loans, due to their potential settlement in an indeterminable number of shares of the Company's common stock has been identified as a derivative.  The derivative component is fair value at the date of issuance of the obligation and this amount is allocated between the derivative and the underlying obligation.  The difference is recorded as a debt discount and amortized over the life of the debt. The Redwood Management, LLC and Tonaquint notes are in default as of September 30, 2015.

During the nine month period ended September 30, 2015 and the year ended December 31, 2014 other convertible debts were converted into common shares of the Company.  During the nine month period ended September 30, 2015 and the year ended December 31, 2014, total loan conversions of $1,973 were made into 393,000 shares respectively and total loan conversions of $186,312 plus accrued interests of $28,547 were made into 1,841,012 shares respectively.

A summary of the amounts outstanding as of September 30, 2015 and December 31, 2014 are as follows:

	Face amount		Less		Balance September 30,		Balance December 31,
	of loans		Debt discount		2015		2014
Tonaquint	$	552,693	$	138	$	552,555	$	521,640
Redwood Management, LLC		372,992		-		372,992		372,992
LG Capital		19,500		-		19,500		19,500
Proteus Capital		32,500		-		32,500		-
Asher Enterprises Inc		-		-		-		32,500
GSM Capital Group LLC		30,000		-		30,000		26,574
	$	1,007,685	$	138	$	1,007,547	$	973,206

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NOTE 5 - PAYABLE - STOCKHOLDERS

9 Months Ended

Sep. 30, 2015

Payable Stockholder [Abstract]

Payable Stockholder

NOTE 5 – NOTE PAYABLE – STOCKHOLDERS

The stockholders increase of $269,999, are additions for accrued salaries. These were not actual cash proceeds. The amount owed to stockholders at September 30, 2015 is $1,306,679. These loans are non interest bearing but interest is being imputed at 5.00% per annum and are payable on demand. An amount of $50,730 has been imputed in 2015 and $56,589 was imputed in 2014. During the nine month period ended September 30, 2015 and the year ended December 31, 2014, total loan conversions of $274,500 were made into 2,745,000,000 shares and $0, respectively.

During the nine month period ended 2015, the Company received $214,410 in loans from Hanscom Inc. The amount owed to Hanscom K. Inc. at September 30, 2015 is $245,490. These loans are non-interest bearing and are payable on demand.

The amount owed to RCO Group Inc. at September 30, 2015 is $28,500. These loans bear at 8.00% per annum and are payable on demand. These loans bear at 8.00% per annum and are payable on demand.     During the nine month period ended September 30, 2015 and the year ended December 31, 2014, the Company received the proceeds of various loans which are convertible at amounts of 50% of the market price of the common shares of the Company at the time of conversion and bear interest at 8% per annum. The amounts received during period ended September 30, 2015 and the year ended December 31, 2014 are $0 and $23,528, respectively.

The convertible feature of these loans, due to their potential settlement in an indeterminable number of shares of the Company's common stock has been identified as a derivative.  The derivative component is fair valued at the date of issuance of the obligation and this amount is allocated between the derivative and the underlying obligation.  The difference is recorded as a debt discount and amortized over the life of the debt.

During the nine month period ended September 30, 2015 and the year ended December 31, 2014 other convertible debts were converted into common shares of the Company.  During the period ended September 30, 2015 and the year ended December 31, 2014, total loan conversions of $0 plus accrued interests of $0 and $48,616 plus accrued interests of $4,927 were made into 0 and 655,621 shares respectively.

A summary of the amounts outstanding as of September 30, 2015 and December 31, 2014 are as follows:

	Face amount		Less		Balance September 30,		Balance December 31,
	of loans		Debt discount		2015		2014
Stockholders	$	1,306,679	$	-	$	1,306,679	$	1,311,180
Hanscom K. Inc.		245,490		-		245,490		31,080
RCO Group Inc.		28,500		-		28,500		28,500
	$	1,580,669	$	-	$	1,580,669	$	1,370,760

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NOTE 6 - DERIVATIVE LIABILITIES

9 Months Ended

Sep. 30, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Instruments and Hedging Activities Disclosure [Text Block]

NOTE 6 – DERIVATIVE LIABILITIES

During the nine month period ended September 30, 2015, the Company recorded various derivative liabilities associated with the convertible debts discussed in Notes 7 and 8. The Company computes the value of the derivative liability at the issuance of the related obligation using the Black Scholes Method using a risk free rate of 0.14%, volatility rates ranging between 881.00% and 1,319.00% and a forfeiture rate of 0.00%.  The derivative liability at September 30, 2015 and December 31, 2014 are as follows:

	2015		2014
Asher Enterprises Inc	$	-	$	72,222
Tonaquint		403,184		924,437
Proteus Capital Group LLC		39,722		-
LG Capital		48,733		46,887
GSM Fund		66,631		66,665
Redwood Management, LLC		372,994		372,994
Total	$	931,264	$	1,483,205

Financial assets and liabilities recorded at fair value in our balance sheets are categorized based upon a fair value hierarchy established by GAAP, which prioritizes the inputs used to measure fair value into the following levels:

Fair Value of Financial Instruments

Level 1— Quoted market prices in active markets for identical assets or liabilities at the measurement date.

Level 2— Quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; or other inputs that are observable and can be corroborated by observable market data.

Level 3— Inputs reflecting management's best estimates and assumptions of what market participants would use in pricing assets or liabilities at the measurement date. The inputs are unobservable in the market and significant to the valuation of the instruments.

A financial instrument's categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement.

Financial assets and liabilities measured at fair value on a recurring basis are summarized below for the period ended September 30, 2015.

	Level 1		Level 2		Level 3		Total
Derivative Financial Instruments	$	-	$	-	$	931,264	$	931,264

Financial assets and liabilities measured at fair value on a recurring basis are summarized below for the year ended December 31, 2014.

	Level 1		Level 2		Level 3		Total
Derivative Financial Instruments	$	-	$	-	$	1,483,205	$	1,483,205

The following table summarizes the derivatives liability from January 1^st through September 30, 2015.

	Derivative liabilities
Balance December 31, 2014	$	1,483,205
Addition of new derivative		-
Day one loss due to derivative		-
Loss (Gain) on change in fair value of the derivative		(549,984	)
Settled upon conversion of debt		(1,957	)
Balance September 30, 2015	$	931,264

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NOTE 7 - CAPITAL STOCK

9 Months Ended

Sep. 30, 2015

Stockholders' Equity Note [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

NOTE 7 – CAPITAL STOCK

The Company is authorized to issue 10,000,000,000 shares of common stock (par value $0.00001) of which 3,249,327,026 were issued and outstanding as of September 30, 2015 and 3,934,026 shares of common stock issued and outstanding as of December 31, 2014.

FINRA advised us that 1 for 2,000 reverse-stock split would be announced on February 17, 2015 on FINRA's daily list and the reverse split would take effect at the opening of business on February 18, 2015.  The new symbol will be ECOSD.  The D will be removed in 20 business days.

Accordingly, the market price of our common stock now reflects the 1 for 2,000 share reverse-stock split. The reverse-stock split has been retroactively applied to all shares amount in this filing.

During 2015, the following convertible debt owners converted loans plus accrued interests into common shares of the Company.

	Loans		Interest		Common shares
	converted		converted		Of the Company
Tonaquint (note 4)	$	1,973	$	-	$	393,000
Stockholders (note 5)		324,500		-		3,245,000,000
Total	$	326,473	$	-	$	3,245,393,000

During 2014, the following convertible debt owners converted loans plus accrued interests into common shares of the Company.

	Loans		Interests		Common shares
	converted		converted		Of the Company
Asher Enterprises Inc (note 4)	$	34,900	$	2,200	$	371,000
Tonaquint (note 4)		102,396		15,302		853,563
AES Capital Corp. (note 4)		24,016		5,949		299,646
AGS Capital Group LLC (note 5)		42,323		3,827		573,528
JMJ Financial (note 4)		25,000		5,096		316,803
Panache Capital LLC (note 5)		6,293		1,100		82,093
Total	$	234,928	$	33,474	$	2,496,633

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NOTE 8 - RELATED PARTY TRANSACTIONS

9 Months Ended

Sep. 30, 2015

Related Party Transactions [Abstract]

Related Party Transactions Disclosure [Text Block]

NOTE 8 – RELATED PARTY TRANSACTIONS

The stockholders increase of $269,999, are additions for accrued salaries. These were not actual cash proceeds. These loans carry an interest of 5.00% and are payable on demand.

For the periods ended September 30, 2015 and 2014, interest paid to related party totaled $21,886 and $17,263.    

During the nine month period ended September 30, 2015, the Company settled loans of $324,500 with stockholders by conversions into 3,245,000,000 shares. The amount of loss incurred as settlement expense is $19,145,500.

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NOTE 9 - SUBSEQUENT EVENTS

9 Months Ended

Sep. 30, 2015

Subsequent Events [Abstract]

Subsequent Events [Text Block]

NOTE 9 – SUBSEQUENT EVENTS

On December 19, 2016, we entered into a Supply Agreement (the "Supply Agreement") with Lakeshore Recycling Systems LLC wherein we agreed to manufacture and supply equipment and products to LLC for resale or lease to Lakeshore and LLC's customers.

In March 2017, the Company signed a common stock purchase agreement where a purchaser will purchase restricted stock of the Company for an aggregate purchase price of $50,000.

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NOTE 3 - ACCRUED EXPENSES AND SUNDRY CURRENT LIABILITIES (Tables)

9 Months Ended

Sep. 30, 2015

Payables and Accruals [Abstract]

Schedule of Accounts Payable and Accrued Liabilities [Table Text Block]

	September 30		December 31
	2015		2014
Accrued interest	$	249,013	$	111,436
Accrued interest-related party		119,032		86,117
Accrued compensation		471,730		425,517
Accounts payable		240,000		240,000
Accrued operating expenses		487,795		445,042
	$	1,567,570	$	1,308,112

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NOTE 4 - CONVERTIBLE NOTE PAYABLE (Tables)

9 Months Ended

Sep. 30, 2015

Convertible Note Payable [Abstract]

Schedule of Convertible Notes Payable

	Face amount		Less		Balance September 30,		Balance December 31,
	of loans		Debt discount		2015		2014
Tonaquint	$	552,693	$	138	$	552,555	$	521,640
Redwood Management, LLC		372,992		-		372,992		372,992
LG Capital		19,500		-		19,500		19,500
Proteus Capital		32,500		-		32,500		-
Asher Enterprises Inc		-		-		-		32,500
GSM Capital Group LLC		30,000		-		30,000		26,574
	$	1,007,685	$	138	$	1,007,547	$	973,206

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NOTE 5 - PAYABLE - STOCKHOLDERS (Tables)

9 Months Ended

Sep. 30, 2015

Payable Stockholder [Abstract]

Schedule of Payable Stockholder

	Face amount		Less		Balance September 30,		Balance December 31,
	of loans		Debt discount		2015		2014
Stockholders	$	1,306,679	$	-	$	1,306,679	$	1,311,180
Hanscom K. Inc.		245,490		-		245,490		31,080
RCO Group Inc.		28,500		-		28,500		28,500
	$	1,580,669	$	-	$	1,580,669	$	1,370,760

XML

NOTE 6 - DERIVATIVE LIABILITIES (Tables)

9 Months Ended

Sep. 30, 2015

Sep. 30, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments [Table Text Block]

	2015		2014
Asher Enterprises Inc	$	-	$	72,222
Tonaquint		403,184		924,437
Proteus Capital Group LLC		39,722		-
LG Capital		48,733		46,887
GSM Fund		66,631		66,665
Redwood Management, LLC		372,994		372,994
Total	$	931,264	$	1,483,205

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

	Level 1		Level 2		Level 3		Total
Derivative Financial Instruments	$	-	$	-	$	931,264	$	931,264

	Level 1		Level 2		Level 3		Total
Derivative Financial Instruments	$	-	$	-	$	1,483,205	$	1,483,205

Description of Derivative Activity Volume

	Derivative liabilities
Balance December 31, 2014	$	1,483,205
Addition of new derivative		-
Day one loss due to derivative		-
Loss (Gain) on change in fair value of the derivative		(549,984	)
Settled upon conversion of debt		(1,957	)
Balance September 30, 2015	$	931,264

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NOTE 7 - CAPITAL STOCK (Tables)

9 Months Ended

Sep. 30, 2015

Sep. 30, 2014

Stockholders' Equity Note [Abstract]

Schedule of Debt Conversions [Table Text Block]

	Loans		Interest		Common shares
	converted		converted		Of the Company
Tonaquint (note 4)	$	1,973	$	-	$	393,000
Stockholders (note 5)		324,500		-		3,245,000,000
Total	$	326,473	$	-	$	3,245,393,000

	Loans		Interests		Common shares
	converted		converted		Of the Company
Asher Enterprises Inc (note 4)	$	34,900	$	2,200	$	371,000
Tonaquint (note 4)		102,396		15,302		853,563
AES Capital Corp. (note 4)		24,016		5,949		299,646
AGS Capital Group LLC (note 5)		42,323		3,827		573,528
JMJ Financial (note 4)		25,000		5,096		316,803
Panache Capital LLC (note 5)		6,293		1,100		82,093
Total	$	234,928	$	33,474	$	2,496,633

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NOTE 3 - ACCRUED EXPENSES AND SUNDRY CURRENT LIABILITIES (Details) - Accrued Expenses - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Accrued Expenses [Abstract]
Accrued interest	$ 249,013	$ 111,436
Accrued interest-related party	119,032	86,117
Accrued compensation	471,730	425,517
Accounts payable	240,000	240,000
Accrued operating expenses	487,795	445,042
	$ 1,567,570	$ 1,308,112

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NOTE 4 - CONVERTIBLE NOTE PAYABLE (Details) - USD ($)	9 Months Ended		12 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Convertible Note Payable [Abstract]
Debt Instrument, Convertible, Minimum Conversion Ratio	50.00%
Debt Instrument, Convertible, Maximum Conversion Ratio	60.00%
Debt Instrument, Interest Rate, Effective Percentage, Minimum	8.00%
Debt Instrument, Interest Rate, Effective Percentage, Maximum	22.00%
Proceeds from Convertible Debt		$ 49,501	$ 86,500
Debt Instrument, Default Amount			140,000
Debt Conversion, Converted Instrument, Amount	$ 1,973	234,928	$ 186,312
Debt Conversion, Converted Instrument, Shares Issued (in Shares)	393,000		1,841,012
Interest Expense, Debt	$ 36,314	$ 469,140	$ 28,547

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NOTE 4 - CONVERTIBLE NOTE PAYABLE (Details) - Convertible Note Payable - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Convertible Note Payable [Abstract]
	$ 552,693
	138
	552,555
		$ 521,640
Loans	1,007,685
Debt discount	138
Balance, September 30, 2015	$ 1,007,547
Balance, December 31, 2014		$ 973,206

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NOTE 5 - PAYABLE - STOCKHOLDERS (Details)	3 Months Ended	9 Months Ended		12 Months Ended
	Mar. 31, 2015 USD ($)	Sep. 30, 2015 USD ($) shares	Sep. 30, 2014 USD ($)	Dec. 31, 2014 USD ($) shares
Payable Stockholder [Abstract]
Increase (Decrease) in Accrued Salaries		$ 269,999
Due to Officers or Stockholders		$ 1,306,679
Debt Instrument, Interest Rate, Stated Percentage		5.00%
Accrued Interest, Stockholders		$ 50,730	$ 56,589
Debt Conversion, Converted Instrument, Amount		$ 1,973	234,928	$ 186,312
Debt Conversion, Converted Instrument, Shares Issued (in Shares) | shares		393,000		1,841,012
Proceeds from Notes Payable		$ 214,410
Notes Payable		245,490
Loans Payable		$ 28,500
Debt Instrument, Interest Rate, Effective Percentage		8.00%
Debt Instrument, Convertible, Conversion Ratio	0.50
Proceeds from Convertible Debt, Shareholder	$ 0			$ 23,528
Debt Conversion, Converted Instrument, Amount, Shareholder		$ 0		48,616
Interest Expense, Debt		$ 36,314	$ 469,140	$ 28,547
Debt Instrument, Converted Instrument, Shares Issued, Shareholder (in Shares) | shares		0		655,621

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NOTE 5 - PAYABLE - STOCKHOLDERS (Details) - Stockholder Notes Payable, Outstanding - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Stockholder Notes Payable, Outstanding [Abstract]
	$ 1,306,679
	1,306,679
		$ 521,640
Face amount of loans	1,580,669
Balance, September 30, 2015	$ 1,580,669
Balance, December 31, 2014		$ 1,370,760

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NOTE 6 - DERIVATIVE LIABILITIES (Details)	3 Months Ended
	Mar. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Fair Value Assumptions, Risk Free Interest Rate	0.14%
Fair Value Assumptions, Minimum Expected Volatility Rate	881.00%
Fair Value Assumptions, Maximum Expected Volatility Rate	1319.00%

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NOTE 6 - DERIVATIVE LIABILITIES (Details) - Derivative Liability - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Derivative Liability [Abstract]
	$ 403,184	$ 72,222
Total	$ 931,264	$ 1,483,205

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NOTE 6 - DERIVATIVE LIABILITIES (Details) - Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis - USD ($)	8 Months Ended		9 Months Ended
	Sep. 03, 2015	Sep. 03, 2014	Sep. 30, 2015	Sep. 30, 2014
Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis [Abstract]
Derivative Financial Instruments	$ 931,264	$ 1,483,205	$ 931,264	$ 1,483,205

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NOTE 6 - DERIVATIVE LIABILITIES (Details) - Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis - USD ($)	8 Months Ended		9 Months Ended
	Sep. 03, 2015	Sep. 03, 2014	Sep. 30, 2015	Sep. 30, 2014
Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis [Abstract]
Derivative Financial Instruments	$ 931,264	$ 1,483,205	$ 931,264	$ 1,483,205

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NOTE 6 - DERIVATIVE LIABILITIES (Details) - Derivative Liability Activity - USD ($)	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Derivative Liability Activity [Abstract]
Balance December 31, 2014	$ 72,222
Loss (Gain) on change in fair value of the derivative	(549,984)	$ (205,363)
Settled upon conversion of debt	(1,957)
Balance September 30, 2015	$ 403,184

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NOTE 7 - CAPITAL STOCK (Details) - $ / shares	Sep. 30, 2015	Dec. 31, 2014
Stockholders' Equity Note [Abstract]
Common Stock, Shares Authorized	10,000,000,000	10,000,000,000
Common Stock, Par or Stated Value Per Share (in Dollars per share)	$ 0.00001	$ 0.00001
Common Stock, Shares, Issued	3,249,327,026	3,934,026

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NOTE 7 - CAPITAL STOCK (Details) - Convertible Debt Activity 2015 - USD ($)	9 Months Ended		12 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Convertible Debt Activity 2015 [Abstract]
	$ 326,473	$ 268,402
	393,000	371,000
Loans converted	1,973	234,928	$ 186,312
Common shares of the Company	$ 3,245,393,000	$ 2,496,633

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NOTE 7 - CAPITAL STOCK (Details) - Convertible Debt Activity 2014 - USD ($)	9 Months Ended		12 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Convertible Debt Activity 2014 [Abstract]
	$ 326,473	$ 268,402
		2,200
	393,000	371,000
Loans converted	1,973	234,928	$ 186,312
Interests converted		33,474
Common shares of the Company	$ 3,245,393,000	$ 2,496,633

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NOTE 8 - RELATED PARTY TRANSACTIONS (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Related Party Transactions [Abstract]
Accrued Salaries	$ 269,999		$ 269,999
Debt Instrument, Interest Rate, Effective Percentage	8.00%		8.00%
Interest Expense, Related Party	$ (28,197)	$ (23,600)	$ (83,645)	$ (72,177)
Stock Issued During Period, Value, Issued for Services			$ 324,500
Stock Issued During Period, Shares, Issued for Services (in Shares)			3,245,000,000
Extinguishment of Debt, Amount			$ 19,145,500

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NOTE 9 - SUBSEQUENT EVENTS (Details)	Mar. 31, 2017 USD ($)
Subsequent Events [Abstract]
Contractual Obligation	$ 50,000