Toronto, Ont. December 1st, 2020, Eco Depot, Inc. (ECDP) would like to provide the following corporate update.
Eco Depot, Inc., over the past years, our business activity has been focused on acquiring, leasing, managing, and developing real estate assets. Building existing relationships by connecting funding with opportunities, engaging organizations, and identifying opportunities within communities is crucial to our success. We are specializing in identifying undervalued assets and optimizing every detail of operations to maximize their value.
During the past eight months, the COVID-19 Pandemic has dramatically affected the Real Estate and Building Materials Market landscape in North America, which has created new opportunities for Eco Depot Inc.
As a result of the Covid-19 Pandemic, Eco Depot Inc has shifted its focus to cost reduction, energy efficiency, and carbon reduction technologies related to the building industry. Over the past eight months, this sector has exploded with increased demand as people are confined to their homes, carrying out renovations to occupy their time, causing shortages in building materials related to the home renovations market. Companies associated with this Housing Renovation Market, such as Sherwin Williams, PPG, Lowe's, Home Depot related to this building materials sector, have seen their stock prices increase by almost 100%.
This sector will grow exponentially after President-Elect Joe Biden announced the following Build Back Better Recovery Act. President-Elect Biden’s, Build Back Better plan includes weatherizing 2,000,000 homes, funding energy-saving home improvements that will save working families hundreds of dollars a year on their utility bills," said President-Elect Biden. "From replacing windows and doors to adding insulation, these are small changes that are making a big difference for American workers, manufacturers, and consumers. The plan includes retrofitting 4,000,000 old buildings and the construction of 1,500,000 new affordable housing units that will create additional shortages in the building materials industry.
The Company sees this as an enormous opportunity and is pleased to announce the acquisition of Bronya Canada Group, which is specialized in producing a Multi-Purpose Liquid Thermal Insulation that can be applied like paint with a paintbrush, paint roller or spray gun. Bronya Climate Shield is a multi-purpose liquid insulation that can be applied on any surface both indoors and outdoors at temperatures of –60 °C up to +200 °C. It is a cost-effective Do It Yourself product with thermal conductivity of 0,001 W/m Celsius proven to reduce energy costs by up to 40% and labor costs by 70%. Moreover, this excellent quality product provides insulation lasting from 10 to 30 years, depending on the application. Bronya’s product line also includes a Thermal Waterproof, Fire-retardant, and Anti-Corrosion liquid insulating paint coating.
Bronya Climate Shield Liquid Insulation is a simple DIY cost-effective solution to energy savings through energy efficiency, doing our part to battle Climate Change. Join us in the battle; for further information, please visit the company website at www.bronyaclimateshield.com
The Company will continue to pursue opportunities related to the building materials industry, which shall be forthcoming shortly. The Company plans to phase out our current business, the WaterGizzi H2O and the Watergizzi Draw.
ABOUT ECO DEPOT
Located in Toronto, Ontario, Canada, Eco Depot (www.ecodepo.co) is a publicly-traded company listed on the OTC PINK under the "ECDP" trading symbol. The Company is in the development stage of becoming a distributor of eco-friendly Consumer Brand products. Building existing relationships by connecting funding with opportunities, engaging organizations, and identifying opportunities within communities are keys to our success. We are specializing in identifying undervalued assets and optimizing every detail of operations to maximize their value. We believe that Real Estate Investing and Management is critical to the long-term maintenance and creation of value in property assets during any investment property life-cycle. All inquiries should be directed to info@ecodepo.co.
ABOUT BRONYA CANADA GROUP
Bronya Coatings Group, Inc. (“the Company”) is based in Montreal and intends to commercialize a Multi-Purpose liquid thermal insulation paint product line in North America. The Companies mission is to establish third-party production facilities on a global scale to reduce the costs associated with the business’ supply chain. The Company also has established relationships with major home improvement stores on a worldwide basis.
Bronya Coatings Group can provide its end-users with an easy-to-use, safe, and cost-effective liquid thermal insulation paint product line that drastically improves the thermal efficiency of residences, commercial and industrial buildings. Bronya Climate Shield, at the same time, increases energy efficiency, energy savings and reduces carbon emissions through Energy Conservation.
All inquiries should be directed to info@bronyaclimateshield.com
Safe Harbor Statement
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it.
Accordingly, such forward-looking statements involve known and unknown risks, uncertainties, and other factors that could cause the Company's actual results, performance, or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition, or alteration to the information catered in this Press Release, including such forward-looking statements.
Contact: Eco Depot Inc.
888-635-7142