MAUI, HI--(NewMediaWire - Jan 26, 2017) - Eco Science
Solutions, Inc. (OTC PINK: ESSI) an eco-technology Company
providing solutions to the multibillion-dollar health, wellness and
alternative medicine industry, today announced that it has entered
into an Equity Purchase Agreement, that at current pricing would
net the Company greater than $30 million for working capital and
strategic acquisitions. Additionally, Company Management is
providing a summary business execution framework for parties that
are interested in the following along with execution of the Eco
Science Solutions business plan.
Proceeds from this equity financing will be used to fuel the
growth of both the Consumer and Professional product lines,
expansion of the Eco Science Solutions operational team, and
strategic acquisition opportunities.
"2017 is setting-up to be a solid year for Eco Science Solutions
and its shareholders, as our targeted sectors in the health,
wellness and alternative medicine industry are on the cusp of
main-stream revolution," stated Jeff Taylor, Chief Executive
Officer of Eco Science Solutions, Inc. Mr. Taylor continued with,
"We are pleased with the foundational work accomplished last year
in both product research & development, as well as early
releases of our technology platforms. We believe the financing
secured will provide the working capital to fully execute to our
business plan in 2017 and beyond."
Details regarding Eco Science Solutions announced financing
activities are included in an S-1 Registration Statement, dated
January 26, 2017 and filed with the U.S. Securities & Exchange
Commission ("SEC").
Eco Science Solutions' Mission
To empower health-and-wellness enthusiasts and businesses.
Eco Science Solutions' Execution
Framework
Consumers continue to be empowered to take ownership of their
health, wellness and alternative medicines they consume. There
is a growing shift away from the sole dependence on large
pharmaceutical companies and prescription drugs, as consumers are
seeking alternative, holistic remedies that provide treatments at
the root of the cause. Thus, in 2017 and beyond, there will be
a growing need for both established and new health and wellness
businesses to market to this increasing demand.
Eco Science Solutions, Inc. continues to focus on becoming a
premier health, wellness and alternative medicines business by
effectively servicing and connecting wisely conscious consumers
with like-minded businesses. The Company's consumer
initiatives are centered on education and connecting consumers with
various holistic health, wellness and alternative medicine
businesses. Its business initiatives are centered on
developing technology solutions coupled with data analytics to help
those very same holistic health and wellness businesses to be more
effective in their abilities to connect, market, and sell to
consumers.
Eco Science Solutions' core 2017 Initiatives will be centered on
three main areas: 1) continued consumer and enterprise technology
investment, 2) continued product formulation and inventory build
for distribution, and 3) strategic acquisitions that provide an
accelerated time-frame to secure market share.
Technology investment - Eco Science Solutions will
continue to make investments in both e-commerce and mobile
applications that facilitate B2C e-commerce opportunities. The
Company's technology investments are centered on our platform that
matches and connects consumers with desired products and/or
providers, as well as providing for a convenient payment
solution. Additionally, the Company is launching a turn-key
B2B CRM marketing solution to support health, wellness and
alternative medicine businesses with their on-going efforts to
attract, acquire and retain customers.
Scientific Research and Development investment -
Eco Science Solutions has engaged in the development of DNA testing
protocols for the purpose of evaluating a consumers physical and
mental needs. This continued investment effort will provide for a
person by person mapping platform to best match the most suitable
cannabis-related and/or dietary supplement products per ailment,
thus maximizing the results of natural medication.
Product formulation, inventory build and
distribution - As Eco Science Solutions continues to
accumulate data through its e-commerce and marketing solutions, the
Company is in the process of development and distribution of unique
consumer packaged products that include cannabis-related
ingredients for alternative health and wellness
interests.
Strategic acquisitions - Due to various
hyper-growth trends in segments of the holistic health and wellness
category, Eco Science Solutions believes that it will be presented
with unique investment and acquisition opportunities that are both
synergistic and accretive to the Company. The Management Team has
already identified several candidates.
About Eco Science Solutions, Inc.
With headquarters in Maui, Hawaii, Eco Science Solutions, Inc.
is a technology-focused Company targeting the multibillion-dollar
health, wellness and alternative medicine industry.
From enterprise software, to consumer applications for daily
use, the Company develops technical solutions that empower
enthusiasts in their pursuit and enjoyment of building eco-friendly
businesses and living healthy lifestyles.
Eco Science's core services span localized communications
between consumers and business operators, social networking with
like-minded enthusiasts, rich educational content, e-commerce, and
rapid delivery of products, all catering to the health-and-wellness
lifestyle.
Forward-Looking Statements
Legal Notice Regarding Forward-Looking Statements in this news
release that are not historical facts are forward-looking
statements that are subject to risks and uncertainties.
Forward-looking statements are based on current facts and analyses
and other information that are based on forecasts of future
results, estimates of amounts not yet determined, and assumptions
of management. Forward looking statements are generally, but not
always, identified by the words "expects", "plans", "anticipates",
"believes", "intends", "estimates", "projects", "aims",
"potential", "goal", "objective", "prospective", and similar
expressions or that events or conditions "will", "would", "may",
"can", "could" or "should" occur. Information concerning oil or
natural gas reserve estimates may also be deemed to be forward
looking statements, as it constitutes a prediction of what might be
found to be present when and if a project is actually
developed.
Actual results may differ materially from those currently
anticipated due to a number of factors beyond the reasonable
control of the Company. It is important to note that actual
outcomes and the Company's actual results could differ materially
from those in such forward-looking statements. Factors that could
cause actual results to differ materially include misinterpretation
of data, inaccurate estimates of oil and natural gas reserves, the
uncertainty of the requirements demanded by environmental agencies,
the Company's ability to raise financing for operations, breach by
parties with whom we have contracted, inability to maintain
qualified employees or consultants because of compensation or other
issues, competition for equipment, inability to obtain drilling
permits, potential delays or obstacles in drilling operations and
interpreting data, the likelihood that no commercial quantities of
oil or gas are found or recoverable, and our ability to participate
in the exploration of, and successful completion of development
programs on all aforementioned prospects and leases. Additional
information on risks for the Company can be found in the Company's
periodic filings filed from time to time with US Securities and
Exchange Commission at www.sec.gov.
SOURCE: Eco Science Solutions, Inc.