Eco Depot Inc (OTCMKTS:ECDP) Stock Surges on Corporate Name Change

Eco Depot Inc (OTCMKTS:ECDP) announced the commencement of a change in corporate identity to Echo Defense Projects Inc. A trailblazer in innovative technologies, Eco Depot Inc’stransition announcement on May 26, 2023, shows the firm’s dedication to diversifying and evolving its portfolio with a fresh focus on acquiring, developing, and fostering companies in domains of security, defense, and border control. The name change also shows the firm’s commitment and evolution toward a secure and safe future.

Trading Data

On Friday, ECDP stock surged 20.18% to $0.6790 with more than 362.33K shares, compared to its average volume of 88.46K shares. The stock moved within a range of $0.5350 – 0.6800 after opening trade at $0.5749.

Eco Depot Inc. Announces Corporate Name Change to Echo Defense Projects Inc., Signifying a Shift in Focus to National Defense, Security and Border Control

Mr. Carlos Diericx, CEO of Echo Defense Projects Inc said that Echo Defense Projects Inc demonstrates the firm’s journey to create a safer world. The CEO added that the company is positioning itself at the forefront of the defense sector, aligning its mission and vision to cater to pressing global needs of defense and security.

Echo Defense Projects Inc. is engaged in evaluating and integrating additional technologies. The initiatives are geared towards augmenting the firm’s ability to meet the ever-increasing demands. The company invites stakeholders and investors to anticipate updates on the developments in the coming months.

The firm’s commitment is to create a safer world through advanced defense technology. This is in line with its reinforced mandate to have more companies and technologies.

Adam Tidrow

Adam Tidrow is an avid student of the stock market and investment news. His love of the market was born out of a fascination with The Great Recession and the events leading up to it and its eventual recovery. His obsession with the market bleeds into his job as head of a change and crisis management firm in upstate New York. Email Adam at adam@adamtidrow.com