Today is a good day
Today is a good day as Eco just became all American, making the final payment to MRL in Singapore.
INVESTMENT IN ECO BUILDING PRODUCTS INC.
The Board of Directors (“Board”) of Manhattan Resources Limited (“Company”) refers to its announcements on 25 April 2012, 16 July 2012, 7 September 2012, 5 October 2012, 1 March 2013, 3 April 2013, 5 June 2013, 1 October 2013 and 10 January 2014 in relation to Eco Building Products Inc.
(“ECOB”). Pursuant to the Second Amendment to the Debt Assumption and Equity Cancellation Agreement which sets out, amongst others, the revised schedule of payment of the aggregate consideration due under the Debt Assumption and Equity Cancellation Agreement, the Board wishes to update shareholders that the Company has on 6 March 2014 received the final payment of the aggregate consideration from Redwood Management, LLC. Following the receipt of the final payment of the aggregate consideration, the Company has surrendered for cancellation its remaining 40,500,000 common shares of ECOB (“Common Shares”) and all of its warrants to purchase Common Shares.
BY ORDER OF THE BOARD, Low Yi Ngo, Chief Executive Officer and Managing Director, 7 March 2014
Denver Bound Red Shield
One of the U.S. leaders in lumber distribution http://www.shelter-products.com/ has been keeping Eco pretty busy as shown here with more lumber being coated today that will load onto a railcar heading for Denver, Colorado.
More Pre-Fab for Eco
More pre fab for Eco: This lumber coated today in Eco's Salem facility is heading to Hawaii as this Eco customer continues to send lumber in for pre-fab buildings helping to seed that future market.
Brooklyn, NY (Cropsey HD) & Eco Red Shield Protected Lumber
Its Friday in NY (2-28-2014) and Old Man winter still has its grip on the NE. All the while, Eco's Home Depot Nathaniel Accounts Manager was calling on a store in Brooklyn just as a contractor was buying 500 dry, NOT WET AND FROZEN, Eco Red Shield studs.
San Francisco & Eco Red Shield Protected Lumber
This is a great sign that the change in the Building Industry is well under way. This multi-family job in San Francisco is clearly focused on protecting this structure's wood fiber strength aganist termites. Why? This part of the U.S. is in a prime earthquake location, and quakes are on everyone's mind, just like back east in NY and NJ where the possibility of mass flooding will be on their minds forever more.
POSTED BY STEVE CONBOY ECOB PRESIDENT & CEO
In an effort to keep folks informed we've created a blog page so that I can tell it like it is - and hopefully educate people a little bit about our humanitarian projects, our products, the building process and with lumber in general.
I also will talk about some of the pitfalls new homebuyers face. I've been in the lumber business my entire life and have a vast knowledge of how this industry has changed in the last 35 years. We are here to change it once again with our revolutionary product: Eco Red Shield™ protective coating - developed specifically for today's lumber.