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ECOC OCIS Corp. featured news, full reports, and detailed charts

OCIS Corp. (ECOC/ECOC.OB) Wrap Up:

As on July 26, 2007, OCIS Corp. was acquired by Ecology Coatings, Inc. in a reverse merger transaction. OCIS Corp. does not have significant operations. It is assessing other business opportunities. Previously, the company was engaged in the purchase and sale of used business equipment in the United States. It provided used warehousing equipment, including used warehouse storage systems, lift trucks, and office components for office, commercial, and industrial users. The company was founded in 2002 and is based in Salt Lake City, Utah.
www.ecologycoatings.com
6 Employees
Founded in 1990

Ecology Coatings, Inc. (ECOC:OTC Bulletin Board Market)

LAST $0.40 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of November 19, 2009 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Ecology Coatings, Inc. (ECOC)

OPEN
--
PREVIOUS CLOSE
$0.40
DAY HIGH
--
DAY LOW
--
52 WEEK HIGH
08/17/09 - $2.00
52 WEEK LOW
11/13/09 - $0.24
MARKET CAP
12.9M
AVERAGE VOLUME 3 mo
36.5K
DILUTED EPS TTM
$-0.17
SHARES OUTSTANDING
32.2M
ECOC Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

ECOC Top Compensated Officers

Mr. Robert G. Crockett
Chief Executive Officer
Age: 51
Total Annual Compensation: $8.3K
Dr. F. Thomas Krotine Ph.D.
President and Chief Operating Officer
Age: 68
Total Annual Compensation: $160.0K
Ms. Sally Judith Weine Ramsey
Founder and Vice President of New Product Dev...
Age: 56
Total Annual Compensation: $195.8K
Mr. Kevin P. Stolz
Chief Financial Officer, Chief Accounting Off...
Age: 46
Total Annual Compensation: $133.3K

Executives, Board Directors

Compensation as of Fiscal Year 2008.

Key developments for Ecology Coatings, Inc. (ECOC)

Ecology Coatings, Inc. Announces Resignation of Richard Stromback as Director

On October 1, 2009, Ecology Coatings, Inc. announced that Richard Stromback resigned, effective immediately, from its Board of Directors in conjunction with the new Preferred Securities Agreement and to focus his efforts in assisting us in developing new financing and revenue opportunities.

Ecology Coatings Inc. Removes Richard Stromback as Chairman of the Board of Directors

Ecology Coatings Inc. announced on September 21, 2009, the Board of Directors elected to remove Richard Stromback as Chairman of the Board of Directors.

Ecology Coatings Inc. Executes Promissory Note to Sky BlueVentures, LLC

On September 10, 2009, Ecology Coatings Inc. executed a promissory note to Sky Blue Ventures, LLC ('Sky Blue') dated September 10, 2009 in the principal amount of $6,500 bearing interest at 5% per annum. The note is payable in full within 15 days written demand from Sky Blue.

otc, otcbb, pinksheet, ECOC, ob OCIS Corp.

ECOC Competitors

Company Last Change
Akzo Nobel €42.58 EUR -0.88
PPG Industries Inc $59.25 USD -0.23
Sherwin Williams Co $59.94 USD +0.10
The Valspar Corp $27.55 USD +0.06
Market data is delayed at least 20 minutes.

Industry Analysis

Valuation ECOC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 61,397.3x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales 57,445.4x

ECOC

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ECOC transactions

Type
Date
Target
Private Placement
September 30, 2009
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More Recent News About OCIS Corp.

More news for ECOC

ECOLOGY COATINGS, INC. Financials

Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...
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ECOLOGY COATINGS, INC. Files SEC form 8-K, Unregistered Sale of Equity Securities

Show all filings for ECOLOGY COATINGS, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for ECOLOGY COATINGS, INC. 13-Nov-2009Unregistered Sale of Equity Securities Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes...
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ECOLOGY COATINGS, INC. Files SEC form 10-Q/A, Quarterly Report

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations Except for statements of historical fact, the information presented herein constitutes forward-looking statements. These forward-looking statements generally can be identified by phrases such as "anticipates," "believes," "estimates," "expects," "forecasts," "foresees," "intends," "plans," or other words of similar import. Similarly, statements herein that describe our business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. 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. Such factors include, but are not limited to, our ability to: successfully commercialize our technology; generate revenues and achieve profitability in an intensely competitive industry; compete in products and prices with substantially larger and better capitalized competitors; secure, maintain and enforce a strong intellectual property portfolio; attract immediate additional capital sufficient to finance our working capital requirements, as well as any investment of plant, property and equipment; develop a sales and marketing infrastructure; identify and maintain relationships with third party suppliers who can provide us a reliable source of raw materials; acquire, develop, or identify for our own use, a manufacturing capability; attract and retain talented individuals; continue operations during periods of adverse changes in general economic or market conditions, and; other events, factors and risks previously and from time to time disclosed in our filings with the Securities and Exchange Commission, including, specifically, the "Risk Factors&qu...
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Ecology Coatings Announces Additional Financing

AUBURN HILLS, Mich., Oct. 5 /PRNewswire-FirstCall/ -- Ecology Coatings, Inc. (OTC Bulletin Board: ECOC - News), a leader in the discovery and development of nanotechnology-enabled, ultraviolet-curable advanced coatings, today announced that it entered into a new financing agreement with Stromback Acquisition Corporation. Stromback Acquisition Corporation has purchased 240 shares of the company's Series B Convertible Preferred Stock at a purchase price of $1,000 per share for a total of $240,000. Details of the Securities Purchase Agreement can be found in the company's Form 8-K filed with the Securities and Exchange Commission. The company also announced that in conjunction with the new financing former Chairman Richard Stromback has resigned his directorship from the company's Board."On behalf of the Ecology Coatings Board, we would like to thank Rich for his leadership and contribution in providing a strong foundation from which to grow the company," said Ecology Coatings CEO Bob Crockett. "Rich will continue to assist the company in the exploration and development of new financing and revenue opportunities from a consultatory position. We wish him continued success with his many endeavors," added Crockett.About Ecology Coatings, Inc.Ecology Coatings, Inc. (OTCBB:ECOC - ...
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ECOLOGY COATINGS, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Unregistered Sale of Equity Se

Item 1.01. Entry into a Material Definitive Agreement. On September 30, 2009, Ecology Coatings, Inc. ("us", "we" or "our"), and Stromback Acquisition Corporation, an Illinois corporation (the "Purchaser"), entered into a Securities Purchase Agreement (the "Preferred Securities Agreement") for the issuance and sale of our 5.0% Cumulative Convertible Preferred Shares, Series B (the "Convertible Preferred Shares") at a purchase price of $1,000 per share. Stromback Acquisition Corporation is owned by Richard Stromback a former member of our Board of Directors. Until April 1, 2010, Purchaser has the right to purchase up to 3,000 Convertible Preferred Shares. The Convertible Preferred Shares have a liquidation preference of $1,000 per share. Purchaser may convert the Convertible Preferred Shares into common stock of the Company at a conversion price that is seventy seven percent (77%) of the average closing price of Company's common stock on the Over-The-Counter Bulletin Board for the five trading days prior to each investment. The Convertible Preferred Shares will pay cumulative cash dividends at a rate of 5% per annum, subject to declaration by our Board of Directors, on December 1 and June 1 of each year. We have agreed to provide piggyback registration rights for common stock converted by Purchaser under a Registration Rights Agreement. Fifty percent (50%) of each investment, up to a maximum of $500,000, will be placed in a fund and disbursed as directed by Purchaser to satisfy our outstanding debts, accounts payable and/or investor relations programs ("Discretionary Fund"). We have agreed to continue to use the services of Mr. Stromback under our September 17, 2008 Consulting Services Agreement to assist us in developing new finance and revenue opportunities. We have agreed to either extend the notes under identical terms or allow the conversion into our common stock the amounts we owe under promissory notes with Mr...
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ECOLOGY COATINGS, INC. Files SEC form 10-Q/A, Quarterly Report

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations Except for statements of historical fact, the information presented herein constitutes forward-looking statements. These forward-looking statements generally can be identified by phrases such as "anticipates," "believes," "estimates," "expects," "forecasts," "foresees," "intends," "plans," or other words of similar import. Similarly, statements herein that describe our business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. 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. Such factors include, but are not limited to, our ability to: successfully commercialize our technology; generate revenues and achieve profitability in an intensely competitive industry; compete in products and prices with substantially larger and better capitalized competitors; secure, maintain and enforce a strong intellectual property portfolio; attract immediate additional capital sufficient to finance our working capital requirements, as well as any investment of plant, property and equipment; develop a sales and marketing infrastructure; identify and maintain relationships with third party suppliers who can provide us a reliable source of raw materials; acquire, develop, or identify for our own use, a manufacturing capability; attract and retain talented individuals; continue operations during periods of adverse changes in general economic or market conditions, and; other events, factors and risks previously and from time to time disclosed in our filings with the Securities and Exchange Commission, including, specifically, the "Risk Factors&qu...
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ECOLOGY COATINGS, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibi

Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers. On September 21, 2009, we entered into an employment agreement with Robert G. Crockett (the "Crockett Agreement"), our CEO. Mr. Crockett has served as our CEO since September 15, 2008. The Crockett Agreement is deemed effective September 21, 2009 (the "Effective Date") and shall expire on September 21, 2012. Mr. Crockett will receive an annual base salary of $200,000. The Compensation Committee of the Board of Directors may review Mr. Crockett's salary to determine what, if any, increases shall be made thereto. In addition, the vesting for Mr. Crockett's previously awarded stock options was adjusted so that 110,000 stock options will vest 12 months, 18 months and 24 months respectively from Mr. Crockett's initial date of employment (September 15, 2008). Mr. Crockett was also granted stock options to purchase 670,000 shares of our common stock, one-quarter of which shall vest at 30, 36, 42 and 48 months from Mr. Crockett's initial date of employment with us (September 15, 2008) with an exercise price of $.51 per share. The Crockett Agreement may be terminated prior to the end of the term by us for cause. If Mr. Crockett's employment is terminated without cause or for "good reason," as defined in the Crockett Agreement, he is entitled to 50% of salary that would have been paid over the balance of the term of the Crockett Agreement. Further, a termination within one year after a change in control shall be deemed to be a termination without cause. On September 21, 2009, we entered into an employment agreement with Daniel V. Iannotti (the "Iannotti Agreement"), our Vice President, General Counsel & Secretary. Mr. Iannotti has served as our Vice President, General Counsel since August 11, 2008. The Iannotti Agreement is deemed effective September 21, 2009 (the "Effective Date") and shall expire on September 21, 2012. Ef...
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ECOLOGY COATINGS, INC. Files SEC form 8-K, Change in Directors or Principal Officers

Show all filings for ECOLOGY COATINGS, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for ECOLOGY COATINGS, INC. 21-Sep-2009Change in Directors or Principal Officers Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purpo...
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ECOLOGY COATINGS, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exhib

Show all filings for ECOLOGY COATINGS, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for ECOLOGY COATINGS, INC. 11-Sep-2009Entry into a Material Definitive Agreement, Financial Statements and Exhib Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information p...
Click here to read the whole Article (external link)

ECOLOGY COATINGS, INC. Files SEC form 8-K, Unregistered Sale of Equity Securities

Show all filings for ECOLOGY COATINGS, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for ECOLOGY COATINGS, INC. 1-Sep-2009Unregistered Sale of Equity Securities Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes ...
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