One trend in eco-friendly investments recently has been “green-washing” where companies mislead investors by misrepresenting their company as a “green” investment when it in many cases is the opposite.
One company that we’ve found that is certainly a green investment and has a lot going for it is Eco Depot Inc. (OTCMKTS:ECDP).
ECDP produces a line of eco-friendly paints through its subsidiary Bronya Climate Shield. The paints all lower energy costs by 20-40%. The company has recently made several major announcements which lead us to believe that as investors find out, the stock may be poised to bounce off its recent lows. That’s why now is a great time to research the company.
Recent Headlines include:
Product launch at North America National Hardware Show in Las Vegas Nevada on October 21st through to the 23rd. This is actually more of an international show featuring some of the largest names in hardware from Lowes to Home Depot among 2,800 Exhibitors with over 20,000 Participants that will be attending this year’s show that was canceled this spring on May 6th and last year due to the Covid -19 Pandemic.
This news came after the company announced its first production facility in North America. This facility will be a total of 4,200 Square Feet with a production capacity of 2,700 gallons per day, capable of generating revenues of 107,994.60 USD per day.
Production is set to begin in the 4th quarter, which coincides with their appearance at the Hardware show, meaning now may be the best time to start your research on ECDP before it’s too late.