----

| [X]    | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|--------|--------------------------------------------------------------------------------------|
|   | FOR THE FISCAL YEAR ENDED DECEMBER 31, 2016                                          |
| NEVADA                                                         | 36-4668489                           |
|----------------------------------------------------------------|--------------------------------------|
| (State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) |
| Securities registered pursuant to Section 12(b) of the Act: | Securities registered pursuant to Section 12(g) of the Act: |
|-------------------------------------------------------------|-------------------------------------------------------------|
| None                                                        | Common Stock                                                |
| Large Accelerated Filer                                                 | [   ] | Accelerated Filer         | [   ] |
|-------------------------------------------------------------------------|-----------------|---------------------------|-----------------|
| Non-accelerated Filer  (Do not check if smaller reporting company) | [   ] | Smaller Reporting Company | [X]             |

----

----

----

|          | Page                                                                                                              |
|---------------|-------------------------------------------------------------------------------------------------------------------|
|          |                                                                                                              |
| PART I        | 4                                                                                                                 |
|          |                                                                                                              |
| Item 1.       | Business.                                                                                                         | 4 |
| Item 1A.      | Risk Factors.                                                                                                     | 6 |
| Item 1B.      | Unresolved Staff Comments.                                                                                        | 6 |
| Item 2.       | Properties.                                                                                                       | 6 |
| Item 3.       | Legal Proceedings.                                                                                                | 6 |
| Item 4.       | Mine Safety Disclosures.                                                                                          | 6 |
|          |                                                                                                              |   |
| PART II       | 7                                                                                                                 |
|          |                                                                                                              |
| Item 5.       | Market for the Registrant's Common Equity, Related Stockholders Matters and IssuerPurchases of Equity Securities. | 7 |
| Item 6.       | Selected Financial Data.                                                                                          | 9 |
| Item 7.       | Management's Discussion and Analysis of Financial Condition and Results of Operation.                             | 9 |
| Item 7A.      | Quantitative and Qualitative Disclosures About Market Risk.                                                       | 11 |
| Item 8.       | Financial Statements and Supplementary Data.                                                                      | 11 |
| Item 9.       | Changes in and Disagreements With Accountants on Accounting and Financial Disclosure.                             | 28 |
| Item 9A.      | Controls and Procedures.                                                                                          | 28 |
| Item 9B.      | Other Information.                                                                                                | 29 |
|          |                                                                                                              |   |
| PART III      | 30                                                                                                                |
|          |                                                                                                              |
| Item 10.      | Directors, Executive Officers and Corporate Governance.                                                           | 30 |
| Item 11.      | Executive Compensation.                                                                                           | 32 |
| Item 12.      | Security Ownership of Certain Beneficial Owners and Management and RelatedStockholder Matters.                    | 33 |
| Item 13.      | Certain Relationships and Related Transactions, and Director Independence.                                        | 34 |
| Item 14.      | Principal Accountant Fees and Services.                                                                           | 35 |
|          |                                                                                                              |
| PART IV       | 36                                                                                                                |
|          |                                                                                                              |
| Item 15.      | Exhibits and Financial Statement Schedules.                                                                       | 36 |
|          |                                                                                                              |   |
| Signatures    | 38                                                                                                                |
|          |                                                                                                              |
| Exhibit Index | 39                                                                                                                |

----

----

----

| · | Reduces Odor and disease-causing organisms |
|--------|--------------------------------------------|

| · | Eliminate Lagoons |
|--------|-------------------|

| · | Eliminates ground and water contamination |
|--------|-------------------------------------------|

| · | Hides animal decomposition from public view |
|--------|---------------------------------------------|

| · | Produces a fertilizer that can be used as a soil enhancement |
|--------|--------------------------------------------------------------|

----

| ITEM 5. | MARKET FOR THE REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES. |
|---------|-------------------------------------------------------------------------------------------------------------------|

| 2016               |   | High   |   | Low    |
|--------------------|--------|--------|--------|--------|
| December 31, 2016  | $      | 0.0048 | $      | 0.0001 |
| September 30, 2016 | $      | 0.0004 | $      | 0.0001 |
| June 30, 2016      | $      | 0.0005 | $      | 0.0002 |
| March 31, 2016     | $      | 0.002  | $      | 0.0002 |
|               |   |   |   |   |
| 2015               |   | High   |   | Low    |
| December 31, 2015  | $      | 0.015  | $      | 0.004  |
| September 30, 2015 | $      | 0.015  | $      | 0.006  |
| June 30, 2015      | $      | 0.025  | $      | 0.0024 |
| March 31, 2015     | $      | 0.2    | $      | 0.0008 |

----

| Plan category                                              | Number of securitiesissued upon exercise ofoutstanding options,warrants and rights | Weighted-averageexercise price ofoutstanding options,warrants and rights | Number of securities remainingavailable for future issuanceunder equity compensation plans(excluding securities reflected incolumn (a)) |
|------------------------------------------------------------|------------------------------------------------------------------------------------|--------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------|
|                                                       | (a)                                                                                | (b)                                                                      | (c)                                                                                                                                     |
| Equity compensation plans approved bysecurity holders      | n/a                                                                                | n/a                                                                      | n/a                                                                                                                                     |
|                                                       |                                                                               |                                                                     |                                                                                                                                    |
| Equity compensation plans not approved by security holders | 365,000                                                                            | 1.04                                                                     | 1,040,000                                                                                                                               |
|                                                       |                                                                               |                                                                     |                                                                                                                                    |
| Total                                                      | 365,000                                                                            | 1.04                                                                     | 1,040,000                                                                                                                               |

----

| ITEM 7. | MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. |
|---------|----------------------------------------------------------------------------------------|

----

----

|                                                    | Index                                            |
|---------------------------------------------------------|--------------------------------------------------|
|                                                    |                                             |
| REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | F-1                                              |
|                                                    |                                             |
|                                                    | Consolidated Balance Sheets                      | F-2 |
|                                                    | Consolidated Statements of Stockholders' Deficit | F-3 |
|                                                    | Consolidated Statements of Operations            | F-5 |
|                                                    | Consolidated Statements of Cash Flows            | F-6 |
|                                                    | Notes to Consolidated Financial Statements       | F-7 |

----

----

|                                                                                                                       |   | 2016(Restated) |        |   | 2015   |   |
|----------------------------------------------------------------------------------------------------------------------------|--------|----------------|-------------|--------|--------|--------|
|                                                                                                                       |   |           |        |   |   |   |
| ASSETS                                                                                                                     |   |           |        |   |   |   |
|                                                                                                                       |   |           |        |   |   |   |
| CURRENT ASSETS                                                                                                             |   |           |        |   |   |   |
| Cash                                                                                                                       |   | $              | 698         |   |   | $      | - |   |
|                                                                                                                       |   |           |        |   |   |   |   |   |
| TOTAL ASSETS                                                                                                               |   | $              | 698         |   |   | $      | - |   |
|                                                                                                                       |   |           |        |   |   |   |   |   |
| LIABILITIES AND STOCKHOLDERS' DEFICIT                                                                                      |   |           |        |   |   |   |   |   |
|                                                                                                                       |   |           |        |   |   |   |   |   |
| CURRENT LIABILITIES:                                                                                                       |   |           |        |   |   |   |   |   |
|                                                                                                                       |   |           |        |   |   |   |   |   |
| Customer deposits                                                                                                          |   | $              | 175,000     |   |   | $      | 175,000 |   |
| Convertible notes payable                                                                                                  |   |           | 1,040,838   |   |   |   | 1,026,185 |   |
| Notes payable – related parties                                                                                      |   |           | 2,335,959   |   |   |   | 1,736,666 |   |
| Derivative liabilities                                                                                                     |   |           | 10,174,203  |   |   |   | 1,375,577 |   |
| Accrued expenses and sundry current liabilities – related parties                                                    |   |           | 1,178,411   |   |   |   | 884,553 |   |
| Accrued expenses and sundry current liabilities                                                                            |   |           | 1,113,887   |   |   |   | 836,926 |   |
|                                                                                                                       |   |           |        |   |   |   |   |   |
| TOTAL CURRENT LIABILITIES                                                                                                  |   |           | 16,018,298  |   |   |   | 6,034,907 |   |
| TOTAL LIABILITIES                                                                                                          |   |           | 16,018,298  |   |   |   | 6,034,907 |   |
|                                                                                                                       |   |           |        |   |   |   |   |   |
| STOCKHOLDERS' DEFICIT                                                                                                      |   |           |        |   |   |   |   |   |
| Preferred stock100,000,000 shares authorized, par value $0.0001, 750,000 shares,respectively issued and outstanding        |   |           | -           |   |   |   | - |   |
| Common stock25,000,000,000 shares authorized, par value $0.00001, 3,249,327,026 shares,respectively issued and outstanding |   |           | 32,493      |   |   |   | 32,493 |   |
| Additional paid in capital                                                                                                 |   |           | 55,983,856  |   |   |   | 55,912,655 |   |
| Accumulated deficit                                                                                                        |   |           | (74,638,068 | )      |   |   | (65,007,045 | ) |
|                                                                                                                       |   |           |        |   |   |   |   |   |
| TOTAL STOCKHOLDERS' DEFICIT Ecolocap Solutions, Inc.                                                                       |   |           | (18,621,719 | )      |   |   | (9,061,897 | ) |
| Non-controlling interest                                                                                                   |   |           | 2,604,119   |   |   |   | 3,026,990 |   |
| TOTAL STOCKHOLDERS' DEFICIT                                                                                                |   |           | (16,017,600 | )      |   |   | (6,034,907 | ) |
|                                                                                                                       |   |           |        |   |   |   |   |   |
| TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT                                                                                |   | $              | 698         |   |   | $      | - |   |

----

|                                                            |   | For the year endedDecember 31,2016(Restated) |          |   | For the year endedDecember 31,2015 |   |
|-----------------------------------------------------------------|--------|----------------------------------------------|---------------|--------|------------------------------------|--------|
|                                                            |   |                                         |          |   |                               |   |
|                                                            |   |                                         |          |   |                               |   |
| COSTS AND EXPENSES:                                             |   |                                         |          |   |                               |   |
|                                                            |   |                                         |          |   |                               |   |
| Selling, general and administrative                             |   | $                                       | 1,016,127     |   |                               | $      | 898,603 |   |
|                                                            |   |                                         |          |   |                               |   |   |   |
|                                                            |   |                                         |          |   |                               |   |   |   |
| TOTAL OPERATING EXPENSES                                        |   |                                         | 1,016,127     |   |                               |   | 898,603 |   |
|                                                            |   |                                         |          |   |                               |   |   |   |
| Loss from operations                                            |   | $                                            | (1,016,127    | )      |                               | $      | (898,603 | ) |
|                                                            |   |                                         |          |   |                               |   |   |   |
| OTHER INCOME (EXPENSES)                                         |   |                                         |          |   |                               |   |   |   |
| Loss on settlement of notes payable related parties             |   |                                         | -             |   |                               |   | (19,145,500 | ) |
| Gain (loss) on derivatives liabilities at market                |   |                                         | (8,642,755    | )      |                               |   | 105,671 |   |
| Interest expense-related parties                                |   |                                         | (125,059      | )      |                               |   | (111,498 | ) |
| Interest expense                                                |   |                                         | (269,953      | )      |                               |   | (214,904 | ) |
|                                                            |   |                                         |          |   |                               |   |   |   |
| TOTAL OTHER INCOME (EXPENSES)                                   |   |                                         | (9,037,767    | )      |                               |   | (19,366,231 | ) |
|                                                            |   |                                         |          |   |                               |   |   |   |
| Net loss before non-controlling interest                        |   | $                                            | (10,053,894   | )      |                               | $      | (20,264,834 | ) |
| Non-controlling interest                                        |   | $                                            | (422,871      | )      |                               | $      | (388,632 | ) |
| Net loss attributable to Ecolocap Solutions Inc.                |   | $                                            | (9,631,023    | )      |                               | $      | (19,876,202 | ) |
|                                                            |   |                                         |          |   |                               |   |   |   |
| Loss Per Common Share- basic and diluted                        |   | $                                            | (0.00         | )      |                               | $      | (0.01 | ) |
|                                                            |   |                                         |          |   |                               |   |   |   |
| Average weighted Number of Shares Outstanding-basic and diluted |   |                                         | 3,249,327,026 |   |                               |   | 1,596,716,162 |   |

----

|                                                       |   | Shares |    |   | Preferred StockAuthorized100,000,000Shares, Par value$0.00001 |   |   | Shares |   |   | Common stockAuthorized25,000,000,000Shares, Par value$0.00001 |   |   | Additionalpaid inCapital |   |   | AccumulatedDeficit |   |       | Non-controllinginterest |   |   | Total       |   |
|------------------------------------------------------------|--------|--------|---------|--------|---------------------------------------------------------------|--------|--------|--------|--------|--------|---------------------------------------------------------------|--------|--------|--------------------------|--------|--------|--------------------|--------|------------|-------------------------|--------|--------|-------------|--------|
|                                                       |   |   |    |   |                                                          |   |   |   |   |   |                                                          |   |   |                     |   |   |               |   |       |                    |   |   |        |   |
|                                                       |   |   |    |   |                                                          |   |   |   |   |   |                                                          |   |   |                     |   |   |               |   |       |                    |   |   |        |   |
| December 31, 2014                                          |   |   | 750,000 |   |                                                          | $      | -      |   |   |   | 3,934,026                                                     |   |   | $                        | 39     |   |               | $      | 36,404,899 |                    |   | $      | (45,130,843 | )      |   | $ | 3,415,622 |   |   |   | (5,310,283 | ) |
|                                                       |   |   |    |   |                                                          |   |   |   |   |   |                                                          |   |   |                     |   |   |               |   |       |                    |   |   |        |   |   |   |   |   |   |   |   |   |
| Shares issued for settlement of debts                      |   |   | -       |   |                                                          |   | -      |   |   |   | 3,245,393,000                                                 |   |   |                     | 32,454 |   |               |   | 19,439,519 |                    |   |   | -           |   |   |   | - |   |   |   | 19,471,973 |   |
| Reclassification of derivative to APIC                     |   |   | -       |   |                                                          |   | -      |   |   |   | -                                                             |   |   |                     | -      |   |               |   | 1,957      |                    |   |   | -           |   |   |   | - |   |   |   | 1,957 |   |
| Imputed interest on non-interest bearingstockholders loans |   |   | -       |   |                                                          |   | -      |   |   |   | -                                                             |   |   |                     | -      |   |               |   | 66,280     |                    |   |   | -           |   |   |   | - |   |   |   | 66,280 |   |
| Net Loss                                                   |   |   | -       |   |                                                          |   | -      |   |   |   | -                                                             |   |   |                     | -      |   |               |   | -          |                    |   |   | (19,876,202 | )      |   |   | (388,632 | ) |   |   | (20,264,834 | ) |
|                                                       |   |   |    |   |                                                          |   |   |   |   |   |                                                          |   |   |                     |   |   |               |   |       |                    |   |   |        |   |   |   |   |   |   |   |   |   |
| December 31, 2015                                          |   |   | 750,000 |   |                                                          |   | -      |   |   |   | 3,249,327,026                                                 |   |   |                     | 32,493 |   |               |   | 55,912,655 |                    |   |   | (65,007,045 |   |   |   | 3,026,990 |   |   |   | (6,034,907 | ) |
|                                                       |   |   |    |   |                                                          |   |   |   |   |   |                                                          |   |   |                     |   |   |               |   |       |                    |   |   |        |   |   |   |   |   |   |   |   |   |
| Imputed interest on non-interest bearingstockholders loans |   |   | -       |   |                                                          |   | -      |   |   |   | -                                                             |   |   |                     | -      |   |               |   | 71,201     |                    |   |   | -           |   |   |   | - |   |   |   | 71,201 |   |
| Net Loss                                                   |   |   | -       |   |                                                          |   | -      |   |   |   | -                                                             |   |   |                     | -      |   |               |   | -          |                    |   |   | (9,631,023  | )      |   |   | (422,871 | ) |   |   | (10,053,894 | ) |
|                                                       |   |   |    |   |                                                          |   |   |   |   |   |                                                          |   |   |                     |   |   |               |   |       |                    |   |   |        |   |   |   |   |   |   |   |   |   |
| December 31, 2016 (Restated)                               |   |   | 750,000 |   |                                                          | $      | -      |   |   |   | 3,249,327,026                                                 |   |   | $                        | 32,493 |   |               | $      | 55,983,856 |                    |   | $      | (74,638,068 | )      |   | $ | 2,604,119 |   |   |   | (16,017,600 | ) |

----

|                                                                                                     |   | For the year endedDecember 31,2016(Restated) |        |   | For the year endedDecember 31,2015 |   |
|----------------------------------------------------------------------------------------------------------|--------|----------------------------------------------|-------------|--------|------------------------------------|--------|
|                                                                                                     |   |                                         |        |   |                               |   |
| Net loss                                                                                                 |   | $                                            | (10,053,894 | )      |                               | $      | (20,264,834 | ) |
| Adjustment to reconcile net loss to net cash used in                                                     |   |                                         |        |   |                               |   |   |   |
| operating activities                                                                                     |   |                                         |        |   |                               |   |   |   |
| Imputed interest of shareholders loans                                                                   |   |                                         | 71,201      |   |                               |   | 66,280 |   |
| Loss on settlement-note payable related party stockholders expense                                       |   |                                         | -           |   |                               |   | 19,145,500 |   |
| Stock base compensation                                                                                  |   |                                         | 155,871     |   |                               |   | - |   |
| (Gain) loss on derivatives liabilities at market                                                         |   |                                         | 8,642,755   |   |                               |   | (105,671 | ) |
| Interest expense on derivatives                                                                          |   |                                         | -           |   |                               |   | 36,452 |   |
| Unpaid penalty interest added to debt principal                                                          |   |                                         | 14,653      |   |                               |   | 18,500 |   |
| Changes in operating assets and liabilities                                                              |   |                                         |        |   |                               |   |   |   |
| Accrued expenses and sundry current liabilities                                                          |   |                                         | 1,163,112   |   |                               |   | 823,367 |   |
| Net cash (used in) operating activities                                                                  |   |                                         | (6,302      | )      |                               |   | (280,406 | ) |
|                                                                                                     |   |                                         |        |   |                               |   |   |   |
|                                                                                                     |   |                                         |        |   |                               |   |   |   |
| Financing activities                                                                                     |   |                                         |        |   |                               |   |   |   |
| Proceeds of loans from stockholders                                                                      |   |                                         | 7,000       |   |                               |   | 280,406 |   |
| Net cash provided by financing activities                                                                |   |                                         | 7,000       |   |                               |   | 280,406 |   |
|                                                                                                     |   |                                         |        |   |                               |   |   |   |
| Increase in cash                                                                                         |   |                                         | 698         |   |                               |   | - |   |
| Cash- beginning of year                                                                                  |   |                                         | -           |   |                               |   | - |   |
| Cash - end of year                                                                                       |   | $                                            | 698         |   |                               | $      | 0 |   |
|                                                                                                     |   |                                         |        |   |                               |   |   |   |
| Supplemental Disclosure of Cash Flow information                                                         |   |                                         |        |   |                               |   |   |   |
| Interest paid                                                                                            |   | $                                            | -           |   |                               | $      | - |   |
| Income taxes paid                                                                                        |   | $                                            | -           |   |                               | $      | - |   |
|                                                                                                     |   |                                         |        |   |                               |   |   |   |
| Non cash items:                                                                                          |   |                                         |        |   |                               |   |   |   |
| Conversion of current liabilities, convertible notes payable, notes payable stockholders to common stock |   | $                                            | -           |   |                               | $      | 324,500 |   |
| Non cash additions of convertible notes payable                                                          |   | $                                            | -           |   |                               | $      | 18,500 |   |
| Non cash additions of loans from shareholders                                                            |   | $                                            | 450,000     |   |                               | $      | 360,000 |   |
| Reclassification of derivative to APIC                                                                   |   | $                                            | -           |   |                               | $      | 1,957 |   |
| Expenses paid by a related party on behalf of the Company                                                |   | $                                            | 142,293     |   |                               | $      | - |   |

----

----

| - | level l - quoted prices in active markets for Identical assets or liabilities                              |
|---|------------------------------------------------------------------------------------------------------------|
| - | level 2 - quoted prices for similar assets and liabilities in active markets or inputs that are observable |
| - | level 3 - inputs that are unobservable (for example cash flow modeling inputs based on assumptions)        |

----

----

|                                                                                                   |   | 2016(As Previously Reported) |        |   | Adjustment |   |     | 2016(As Restated) |   |
|--------------------------------------------------------------------------------------------------------|--------|------------------------------|-------------|--------|------------|--------|----------|-------------------|--------|
|                                                                                                   |   |                         |        |   |       |   |     |              |   |
| LIABILITIES AND STOCKHOLDERS' DEFICIT                                                                  |   |                         |        |   |       |   |     |              |   |
|                                                                                                   |   |                         |        |   |       |   |     |              |   |
| CURRENT LIABILITIES:                                                                                   |   |                         |        |   |       |   |     |              |   |
| Derivative liabilities                                                                                 |   |                         | 9,394,852   |   |       |   | 779,351  |              |   |   | 10,174,203 |   |
|                                                                                                   |   |                         |        |   |       |   |     |              |   |   |   |   |
| TOTAL CURRENT LIABILITIES                                                                              |   |                         | 15,238,947  |   |       |   | 779,351  |              |   |   | 16,018,298 |   |
| TOTAL LIABILITIES                                                                                      |   |                         | 15,238,947  |   |       |   | 779,351  |              |   |   | 16,018,298 |   |
|                                                                                                   |   |                         |        |   |       |   |     |              |   |   |   |   |
| STOCKHOLDERS' DEFICIT                                                                                  |   |                         |        |   |       |   |     |              |   |   |   |   |
| Preferred stock                                                                                        |   |                         |        |   |       |   |     |              |   |   |   |   |
| 100,000,000 shares authorized, par value $0.00001, 750,000 shares, respectively issued and outstanding |   |                         | -           |   |       |   | -        |              |   |   | - |   |
| Accumulated deficit                                                                                    |   |                         | (73,858,717 | )      |       |   | (779,351 | )                 |   |   | (74,638,068 | ) |
|                                                                                                   |   |                         |        |   |       |   |     |              |   |   |   |   |
| TOTAL STOCKHOLDERS' DEFICIT Ecolocap Solutions, Inc.                                                   |   |                         | (17,842,368 | )      |       |   | (779,351 | )                 |   |   | (18,621,719 | ) |
|                                                                                                   |   |                         |        |   |       |   |     |              |   |   |   |   |
| TOTAL STOCKHOLDERS' DEFICIT                                                                            |   |                         | (15,238,249 | )      |       |   | (779,351 | )                 |   |   | (16,017,600 | ) |

----

|                                                    |   | 2016(As Previously Reported) |       |   | Adjustment |   |     | 2016(As Restated) |   |
|---------------------------------------------------------|--------|------------------------------|------------|--------|------------|--------|----------|-------------------|--------|
|                                                    |   |                         |       |   |       |   |     |              |   |
|                                                    |   |                         |       |   |       |   |     |              |   |
| COSTS AND EXPENSES:                                |   |                         |       |   |       |   |     |              |   |
|                                                    |   |                         |       |   |       |   |     |              |   |
| Selling, general and administrative                |   | $                            | 860,256    |   |       | $      | 155,871  |              |   | $ | 1,016,127 |   |
|                                                    |   |                         |       |   |       |   |     |              |   |   |   |   |
| TOTAL OPERATING EXPENSES                           |   |                         | 860,256    |   |       |   | 155,871  |              |   |   | 1,016,127 |   |
|                                                    |   |                         |       |   |       |   |     |              |   |   |   |   |
|                                                    |   |                         |       |   |       |   |     |              |   |   |   |   |
| OTHER INCOME (EXPENSES)                                 |   |                         |       |   |       |   |     |              |   |   |   |   |
| Gain (loss) on derivatives liabilities at market        |   |                         | (8,019,275 | )      |       |   | (623,480 | )                 |   |   | (8,642,755 | ) |
|                                                    |   |                         |       |   |       |   |     |              |   |   |   |   |
| TOTAL OTHER (EXPENSES)                                  |   |                         | (8,414,287 | )      |       |   | (623,480 | )                 |   |   | (9,037,767 | ) |
|                                                    |   |                         |       |   |       |   |     |              |   |   |   |   |
| Net (Loss) before non-controlling interest              |   | $                            | (9,274,543 | )      |       | $      | (779,351 | )                 |   | $ | (10,053,894 | ) |
|                                                    |   |                         |       |   |       |   |     |              |   |   |   |   |
| Net (Loss) attributable to  Ecolocap Solutions Inc |   | $                            | (8,851,672 | )      |       | $      | (779,351 | )                 |   | $ | (9,631,023 | ) |
|                                       |   | 2016   |      |   | 2015   |   |
|--------------------------------------------|--------|--------|-----------|--------|--------|--------|
| Accrued interest                           |   | $      | 545,378   |   |   | $      | 290,114 |   |
| Accrued interest-related parties           |   |   | 185,401   |   |   |   | 131,543 |   |
| Accrued compensation-related parties       |   |   | 652,844   |   |   |   | 502,844 |   |
| Accounts payable                           |   |   | 240,000   |   |   |   | 240,000 |   |
| Accrued operating expenses-related parties |   |   | 340,166   |   |   |   | 250,166 |   |
| Accrued operating expenses                 |   |   | 328,509   |   |   |   | 306,812 |   |
|                                       |   | $      | 2,292,298 |   |   | $      | 1,721,479 |   |

----

|                    |   | BalanceDecember 31, 2016 |      |   | BalanceDecember 31, 2015 |   |
|-------------------------|--------|--------------------------|-----------|--------|--------------------------|--------|
|                    |   |                     |      |   |                     |   |
| Tonaquint               |   | $                        | 585,846   |   |                     | $      | 571,193 |   |
| Redwood Management, LLC |   |                     | 372,992   |   |                     |   | 372,992 |   |
| Proteus Capital Corp.   |   |                     | 32,500    |   |                     |   | 32,500 |   |
| LG Capital              |   |                     | 19,500    |   |                     |   | 19,500 |   |
| GSM Capital Group LLC   |   |                     | 30,000    |   |                     |   | 30,000 |   |
|                    |   | $                        | 1,040,838 |   |                     | $      | 1,026,185 |   |
|            |   | BalanceDecember 31, 2016 |      |   | BalanceDecember 31, 2015 |   |
|-----------------|--------|--------------------------|-----------|--------|--------------------------|--------|
|            |   |                     |      |   |                     |   |
| Stockholders    |   | $                        | 1,853,679 |   |                     | $      | 1,396,679 |   |
| Hanscom K. Inc. |   |                     | 453,780   |   |                     |   | 311,487 |   |
| RCO Group Inc.  |   |                     | 28,500    |   |                     |   | 28,500 |   |
|            |   | $                        | 2,335,959 |   |                     | $      | 1,736,666 |   |

----

|                      |   | 2016   |      |   | 2015   |   |
|---------------------------|--------|--------|-----------|--------|--------|--------|
|                      |   |   |      |   |   |   |
| Tonaquint                 |   | $      | 4,799,461 |   |   | $      | 815,979 |   |
| Proteus Capital Group LLC |   |   | 356,835   |   |   |   | 72,221 |   |
| GSM Capital Group LLC     |   |   | 324,662   |   |   |   | 66,162 |   |
| LG Capital                |   |   | 231,059   |   |   |   | 48,221 |   |
| Redwood Management, LLC   |   |   | 3,682,835 |   |   |   | 372,994 |   |
| Total                     |   | $      | 9,394,852 |   |   | $      | 1,375,577 |   |
|                            |   | 2016   |    |   | 2015   |   |
|---------------------------------|--------|--------|---------|--------|--------|--------|
|                            |   |   |    |   |   |   |
| Lakeshore Recycling Systems LLC |   | $      | 779,351 |   |   | $      | - |   |
| Total                           |   | $      | 779,351 |   |   | $      | - |   |
|                            |   | 2016   |       |   | 2015   |   |
|---------------------------------|--------|--------|------------|--------|--------|--------|
|                            |   |   |       |   |   |   |
| Tonaquint                       |   | $      | 4,799,461  |   |   | $      | 815,979 |   |
| Proteus Capital Group LLC       |   |   | 356,835    |   |   |   | 72,221 |   |
| GSM Capital Group LLC           |   |   | 324,662    |   |   |   | 66,162 |   |
| LG Capital                      |   |   | 231,059    |   |   |   | 48,221 |   |
| Redwood Management, LLC         |   |   | 3,682,835  |   |   |   | 372,994 |   |
| Lakeshore Recycling Systems LLC |   |   | 779,351    |   |   |   | - |   |
| Total                           |   | $      | 10,174,203 |   |   | $      | 1,375,577 |   |

----

|                             |   | Level 1 |   |   | Level 2 |   |   | Level 3 |   |   | Total      |   |
|----------------------------------|--------|---------|--------|--------|---------|--------|--------|---------|--------|--------|------------|--------|
|                             |   |    |   |   |    |   |   |    |   |   |       |   |
| Derivative Financial Instruments |   | $       | -      |   |    | $      | -      |    |   | $      | 10,174,203 |   |   | $ | 10,174,203 |   |
|                             |   | Level 1 |   |   | Level 2 |   |   | Level 3 |   |   | Total     |   |
|----------------------------------|--------|---------|--------|--------|---------|--------|--------|---------|--------|--------|-----------|--------|
|                             |   |    |   |   |    |   |   |    |   |   |      |   |
| Derivative Financial Instruments |   | $       | -      |   |    | $      | -      |    |   | $      | 1,375,577 |   |   | $ | 1,375,577 |   |
|                                                       |   | Derivative liabilities |       |
|------------------------------------------------------------|--------|------------------------|------------|
|                                                       |   |                   |       |
| Balance December 31, 2015                                  |   | $                      | 1,375,577  |   |
| Derivative liability related to issuance of stock warrants |   |                   | 155,871    |   |
| Loss on change in fair value of the derivative             |   |                   | 8,642,755  |   |
| Balance December 31, 2016                                  |   | $                      | 10,174,203 |   |

|                  |   | Loansconverted |    |   | Interestsconverted |   |   | Common sharesof the Company |   |
|-----------------------|--------|----------------|---------|--------|--------------------|--------|--------|-----------------------------|--------|
|                  |   |           |    |   |               |   |   |                        |   |
| Tonaquint (Note 6)    |   | $              | 1,973   |   |               | $      | -      |                        |   |   | 393,000 |   |
| Accrued compensation  |   |           | 50,000  |   |               |   | -      |                        |   |   | 500,000,000 |   |
| Stockholders (Note 7) |   |           | 274,500 |   |               |   | -      |                        |   |   | 2,745,000,000 |   |
| Total                 |   | $              | 326,473 |   |               | $      | -      |                        |   |   | 3,245,393,000 |   |

----

|                                                      |   | Warrants |        |
|-----------------------------------------------------------|--------|----------|-------------|
| Balance December 31, 2015                                 |   |     | -           |   |
| Warrants granted – Lakeshore Recycling Systems, LLC |   |     | 519,567,390 |   |
| Balance December 31, 2016                                 |   |     | 519,567,390 |   |

|                             |   | December 31, 2016 |   |   | December 31, 2015 |   |
|----------------------------------|--------|-------------------|--------|--------|-------------------|--------|
| Statutory tax rate               |   |              | 34.0   | %      |              |   | 34.0 | % |
| Net operating loss carryforwards |   |              | (34.0  | %)     |              |   | (34.0 | %) |
| Income tax provision             |   |              | 0      | %      |              |   | 0 | % |
|                                          |   | December 31, 2016 |        |   | December 31, 2015 |   |
|-----------------------------------------------|--------|-------------------|-------------|--------|-------------------|--------|
| Deferred tax asset                            |   | $                 | 14,857,426  |   |              | $      | 11,439,102 |   |
| Valuation allowance                           |   |              | (14,857,426 | )      |              |   | (11,439,102 | ) |
| Deferred tax asset net of valuation allowance |   | $                 | -           |   |              | $      | - |   |
| Changes in valuation allowance                |   | $                 | 0           |   |              | $      | 0 |   |
|                           |   | December 31, 2016 |       |   | December 31, 2015 |   |
|--------------------------------|--------|-------------------|------------|--------|-------------------|--------|
| Federal:                       |   |              |       |   |              |   |
| Current                        |   | $                 | -          |   |              | $      | - |   |
| Deferred                       |   |              | 3,418,324  |   |              |   | 380,573 |   |
|                           |   |              |       |   |              |   |   |   |
| State and local:               |   |              |       |   |              |   |   |   |
| Current                        |   |              | -          |   |              |   | - |   |
| Deferred                       |   |              | -          |   |              |   | - |   |
|                           |   |              | 3,418,324  |   |              |   | 380,573 |   |
| Change in valuation allowance  |   |              | (3,418,324 | )      |              |   | (380,573 | ) |
| Income tax provision (benefit) |   | $                 | -          |   |              | $      | - |   |

----

|   | 2024-2028 |   |   | $ | 3,401,000 |   |
|--------|-----------|--------|--------|---|-----------|--------|
|   | 2029-2031 |   |   | $ | 5,717,000 |   |
|   | 2032-2036 |   |   | $ | 5,739,426 |   |
|                           |   | Loans     |    |   | Interest  |   |    | Common shares  |   |
|--------------------------------|--------|-----------|---------|--------|-----------|--------|---------|----------------|--------|
|                           |   | converted |    |   | converted |   |    | of the Company |   |
|                           |   |      |    |   |      |   |    |           |   |
| Tonaquint (Note 6)             |   | $         | 96,259  |   |      | $      | 246,740 |           |   |   | 4,836,738,072 |   |
| GSM Capital Group LLC (Note 6) |   |      | 31,785  |   |      |   | 25,599  |           |   |   | 1,580,281,452 |   |
| LG Capital (Note 6)            |   |      | 19,500  |   |      |   | 7,444   |           |   |   | 197,116,728 |   |
| Total                          |   | $         | 147,544 |   |      | $      | 279,782 |           |   |   | 6,614,136,252 |   |

----

----

| ITEM 9. | CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE. |
|---------|---------------------------------------------------------------------------------------|

|  | 1. | The application of accounting principles to any specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on our financial statements, and neither a written report was provided to us nor oral advice was provided that MaloneBailey LLP concluded was an important factor considered by us in reaching a decision as to the accounting, auditing or financial reporting issue; or |
|--|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 2. | Any matter that was either subject of disagreement or event, as defined in Item 304(a)(1)(iv)(A) of Regulation S-K and the related instruction to Item 304 of Regulation S-K, or a reportable event, as that term is explained in Item 304(a)(1)(iv)(A) of Regulation S-K. |
|--|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

| Name             | Age | Position                                                    |
|------------------|-----|-------------------------------------------------------------|
| Michael Siegel   | 73  | Chief Technology Officer                                    |
| Jeung Kwak       | 70  | Chairman, Director                                          |
| James Kwak       | 34  | President, Chief Executive Officer, Chief Operating Officer |
| Michel St-Pierre | 55  | Chief Financial Officer                                     |

----

----

| Name andPrincipal Position | Year   | Salary(US$) | Bonus(US$) | StockAwards(US$) | OptionAwards(US$) | Non-EquityIncentive PlanCompensation(US$) | NonqualifiedDeferredCompensationEarnings(US$) | All OtherCompensation(US$) | Total(US$) |
|----------------------------|--------|-------------|------------|------------------|-------------------|-------------------------------------------|-----------------------------------------------|----------------------------|------------|
| (a)                        | (b)    | (c)         | (d)        | (e)              | (f)               | (g)                                       | (h)                                           | (i)                        | (j)        |
|                       |   |        |       |             |              |                                      |                                          |                       |       |
| Michael Siegel (2)         | 2016   | 150,000     | 0          | 0                | 0                 | 0                                         | 0                                             | 0                          | 150,000    |
| Chief Executive Officer    | 2015   | 120,000     | 0          | 0                | 0                 | 0                                         | 0                                             | 0                          | 120,000    |
| and President              |   |        |       |             |              |                                      |                                          |                       |       |
|                       |   |        |       |             |              |                                      |                                          |                       |       |
| John Kwak, (3)             | 2016   | 150,000     | 0          | 0                | 0                 | 0                                         | 0                                             | 0                          | 150,000    |
| Chairman and Director      | 2015   | 120,000     | 0          | 0                | 0                 | 0                                         | 0                                             | 0                          | 120,000    |
|                       |   |        |       |             |              |                                      |                                          |                       |       |
| James Kwak (4)             | 2016   | 150,000     | 0          | 0                | 0                 | 0                                         | 0                                             | 0                          | 150,000    |
| Executive Vice President   | 2015   | 120,000     | 0          | 0                | 0                 | 0                                         | 0                                             | 0                          | 120,000    |
|                       |   |        |       |             |              |                                      |                                          |                       |       |
| Michel St-Pierre (5)       | 2016   | 48,000      | 0          | 0                | 0                 | 0                                         | 0                                             | 0                          | 48,000     |
| CFO                        | 2015   | 20,000      | 0          | 0                | 0                 | 0                                         | 0                                             | 0                          | 20,000     |
| (1) | Prior to the acquisition of XL Generation AG, the Company's fiscal year ended April 30th. XL Generation AG, our wholly-owned subsidiary, had a fiscal year ending December 31st. Following the acquisition of XL Generation AG, we adopted the fiscal year end of XL Generation AG. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | Mr. Siegel has been appointed CTO on June 1, 2017. He was president and CEO from September 10, 2009 to May 31, 2017.                                                                                                                                                                |
| (3) | Mr. Kwak has been appointed Chairman and director on June 16, 2009.                                                                                                                                                                                                                 |
| (4) | Mr. Kwak has been appointed president, CEO, COO on June 1, 2017.                                                                                                                                                                                                                    |
| (5) | Mr. St-Pierre has been our chief financial officer since July 28, 2006.                                                                                                                                                                                                             |

----

| Name(a)          | Fees EarnedorPaid in Cash(US$)(b) | StockAwards(US$)(c) | OptionAwards(US$)(d) | Non-EquityIncentive PlanCompensation(US$)(e) | NonqualifiedDeferredCompensationEarnings(US$)(f) | All OtherCompensation(US$)(g) | Total(US$)(h) |
|------------------|-----------------------------------|---------------------|----------------------|----------------------------------------------|--------------------------------------------------|-------------------------------|---------------|
|             |                              |                |                 |                                         |                                             |                          |          |
| Michael Siegel   | 0                                 | 0                   | 0                    | 0                                            | 0                                                | 0                             | 0             |
| Jeung Kwak       | 0                                 | 0                   | 0                    | 0                                            | 0                                                | 0                             | 0             |
| James Kwak       | 0                                 | 0                   | 0                    | 0                                            | 0                                                | 0                             | 0             |
| Michel St-Pierre | 0                                 | 0                   | 0                    | 0                                            | 0                                                | 0                             | 0             |

| ITEM 12. | SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS. |
|----------|-------------------------------------------------------------------------------------------------|

| Name and Address of Beneficial Owner (1)                    | PreferredShares (6) | Percent ofPreferredStock | CommonShares  | CommonWarrants | CombinedCommon &Warrants | Percent ofCommon Stock& Warrants |
|-------------------------------------------------------------|---------------------|--------------------------|---------------|----------------|------------------------------|--------------------------------------|
| Michael Siegel (2)                                          | 250,000             | 25.00%                   | 687,512,262   | 0              | 687,512,262                  | 7.01%                                |
| Jeung Kwak (3)                                              | 250,000             | 25.00%                   | 678,515,027   | 0              | 678,515,027                  | 6.92%                                |
| Michel St-Pierre (4)                                        | 250,000             | 25.00%                   | 500,003,752   | 0              | 500,003,752                  | 2.04%                                |
| James Kwak                                                  |                |                     | 200,000,000   | 0              | 200,000,000                  | 5.10%                                |
| All executive officers and directors as a group (4 persons) | 750,000             | 75.00%                   | 2,066,031,041 | 0              | 2,066,031,041                | 21.07%                               |

----

| (1) | The mailing address for each of the listed individuals is c/o Ecolocap Solutions International Inc., 1250 South Grove Avenue, Suite 308, Barrington, Illinois 60010.                                                                                                                                                                                                                                                               |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | Owner of 5% or more of our common stock. Mr.Siegel, is the Chief Technology Officer.                                                                                                                                                                                                                                                                                                                                               |
| (3) | Owner of 5% or more of our common stock. Mr. Kwak, is Chairman of the Board of Directors.                                                                                                                                                                                                                                                                                                                                          |
| (4) | Owner of 5% or more of our common stock. Chief Financial Officer.                                                                                                                                                                                                                                                                                                                                                                  |
| (5) | Owner of 5% or more of our common stock. Chief Financial Officer.                                                                                                                                                                                                                                                                                                                                                                  |
| (6) | Each share of Series A preferred stock had 100,000 votes.  The total voting power of the Series A preferred stock is 75,000,000,000 votes.  Accordingly, the combined voting power of all of the Series A preferred stock and all the common stock was 77,066,031,041 votes. The holders of the Series A preferred stock and the common stock vote as a single class on all matters submitted to stockholders. |

| ITEM 13. | CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE. |
|----------|----------------------------------------------------------------------------|

----

| ITEM 14. | PRINCIPAL ACCOUNTANT FEES AND SERVICES. |
|----------|-----------------------------------------|

| 2016 | $ | 22,000 | Malone Bailey, LLP  |
|------|---|--------|---------------------|
| 2015 | $ | 20,000 | Malone Bailey, LLP. |
| 2016 | $ | 0 |   |
|------|---|---|--------|
| 2015 | $ | 0 |   |
| 2016 | $ | 0 |   |
|------|---|---|--------|
| 2015 | $ | 0 |   |

----

| ITEM 15. | EXHIBITS AND FINANCIAL STATEMENT SCHEDULES. |
|----------|---------------------------------------------|

| Exhibit |                                                                                                     | Incorporated by reference | Filed    |
|---------|----------------------------------------------------------------------------------------------------------|---------------------------|----------|
| Number  | Document Description                                                                                     | Form                      | Date     | Number | herewith |
| 3.1     | Articles of Incorporation, as amended.                                                                   | SB-2                      | 5/28/04  | 3.1 |   |
|    |                                                                                                     |                      |     |   |   |
| 3.2     | Bylaws.                                                                                                  | SB-2                      | 5/28/04  | 3.2 |   |
|    |                                                                                                     |                      |     |   |   |
| 3.3     | Certificate of Amendment to Articles of Incorporation.                                                   | 10-QSB                    | 12/30/05 | 3.3 |   |
|    |                                                                                                     |                      |     |   |   |
| 3.4     | Bylaws, as amended on March 17, 2006.                                                                    | 10-KSB                    | 4/13/06  | 3.4 |   |
|    |                                                                                                     |                      |     |   |   |
| 10.1    | 2006 Equity Incentive Plan.                                                                              | 10-KSB                    | 4/13/06  | 10.39 |   |
|    |                                                                                                     |                      |     |   |   |
| 10.2    | Agreement with United Best Technology Limited.                                                           | 8-K                       | 12/24/08 | 10.7 |   |
|    |                                                                                                     |                      |     |   |   |
| 10.3    | Escrow Agreement with United Best Technology Limited.                                                    | 8-K                       | 12/24/08 | 10.8 |   |
|    |                                                                                                     |                      |     |   |   |
| 10.4    | Standstill Agreement.                                                                                    | 8-K                       | 3/23/12  | 10.1 |   |
|    |                                                                                                     |                      |     |   |   |
| 10.5    | Second Standstill Agreement.                                                                             | 8-K                       | 3/23/12  | 10.2 |   |
|    |                                                                                                     |                      |     |   |   |
| 14.1    | Code of Ethics.                                                                                          | 10-KSB                    | 3/31/08  | 14.1 |   |
|    |                                                                                                     |                      |     |   |   |
| 31.1    | Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.  |                      |     |   | X |
|    |                                                                                                     |                      |     |   |   |
| 31.2    | Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.  |                      |     |   | X |
|    |                                                                                                     |                      |     |   |   |
| 32.1    | Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 for the Chief Executive Officer. |                      |     |   | X |
|    |                                                                                                     |                      |     |   |   |
| 32.2    | Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 for the Chief Financial Officer. |                      |     |   | X |
|    |                                                                                                     |                      |     |   |   |
| 99.1    | Audit Committee Charter.                                                                                 | 10-KSB                    | 3/31/08  | 99.1 |   |
|    |                                                                                                     |                      |     |   |   |
| 99.2    | Executive Committee Charter.                                                                             | 10-KSB                    | 3/31/08  | 99.2 |   |
|    |                                                                                                     |                      |     |   |   |
| 99.3    | Nominating and Corporate Governance Committee Charter.                                                   | 10-KSB                    | 3/31/08  | 99.3 |   |
|    |                                                                                                     |                      |     |   |   |
| 99.4    | Stock Option Plan.                                                                                       | 10-KSB                    | 3/31/08  | 99.4 |   |
|    |                                                                                                     |                      |     |   |   |

----

| 101.INS | XBRL Instance Document.                       |   |   |   |   |
|---------|-----------------------------------------------|--------|--------|--------|--------|
|    |                                          |   |   |   |   |
| 101.SCH | XBRL Taxonomy Extension – Schema.       |   |   |   |   |
|    |                                          |   |   |   |   |
| 101.CAL | XBRL Taxonomy Extension – Calculations. |   |   |   |   |
|    |                                          |   |   |   |   |
| 101.DEF | XBRL Taxonomy Extension – Definitions.  |   |   |   |   |
|    |                                          |   |   |   |   |
| 101.LAB | XBRL Taxonomy Extension – Labels.       |   |   |   |   |
|    |                                          |   |   |   |   |
| 101.PRE | XBRL Taxonomy Extension – Presentation. |   |   |   |   |

----

|   | ECOLOCAP SOLUTIONS INC. |
|--------|-------------------------|
|   |                    |   |
|   | BY:                     | JAMES KWAK |
|   |                    | James Kwak |
|   |                    | Principal Executive Officer and President |
|   |                    |   |
|   | BY:                     | MICHEL ST-PIERRE |
|   |                    | Michel St-Pierre |
|   |                    | Principal Financial Officer and Principal Accounting Officer |
| Signature        | Title                                        | Date                  |
|------------------|----------------------------------------------|-----------------------|
|             |                                         |                  |
| JAMES KWAK       | President, Chief Executive Officer           | November 9, 2017 |
| James Kwak       |  and a member of the Board of Directors |                  |
|             |                                         |                  |
| JEUNG KWAK       | Director and Chairman of Board of Directors  | November 9, 2017      |
| Jeung Kwak       |                                         |                  |
|             |                                         |                  |
|             |                                         |                  |
| MICHAEL SIEGEL   | Director                                     | November 9, 2017      |
| Michael Siegel   |                                         |                  |
|             |                                         |                  |
|             |                                         |                  |
| MICHEL ST-PIERRE | Director and Chief Financial Officer         | November 9, 2017      |
| Michel St-Pierre |                                         |                  |

----

| Exhibit |                                                                                                     | Incorporated by reference | Filed    |
|---------|----------------------------------------------------------------------------------------------------------|---------------------------|----------|
| Number  | Document Description                                                                                     | Form                      | Date     | Number | herewith |
| 3.1     | Articles of Incorporation, as amended.                                                                   | SB-2                      | 5/28/04  | 3.1 |   |
|    |                                                                                                     |                      |     |   |   |
| 3.2     | Bylaws.                                                                                                  | SB-2                      | 5/28/04  | 3.2 |   |
|    |                                                                                                     |                      |     |   |   |
| 3.3     | Certificate of Amendment to Articles of Incorporation.                                                   | 10-QSB                    | 12/30/05 | 3.3 |   |
|    |                                                                                                     |                      |     |   |   |
| 3.4     | Bylaws, as amended on March 17, 2006.                                                                    | 10-KSB                    | 4/13/06  | 3.4 |   |
|    |                                                                                                     |                      |     |   |   |
| 10.1    | 2006 Equity Incentive Plan.                                                                              | 10-KSB                    | 4/13/06  | 10.39 |   |
|    |                                                                                                     |                      |     |   |   |
| 10.2    | Agreement with United Best Technology Limited.                                                           | 8-K                       | 12/24/08 | 10.7 |   |
|    |                                                                                                     |                      |     |   |   |
| 10.3    | Escrow Agreement with United Best Technology Limited.                                                    | 8-K                       | 12/24/08 | 10.8 |   |
|    |                                                                                                     |                      |     |   |   |
| 10.4    | Standstill Agreement.                                                                                    | 8-K                       | 3/23/12  | 10.1 |   |
|    |                                                                                                     |                      |     |   |   |
| 10.5    | Second Standstill Agreement.                                                                             | 8-K                       | 3/23/12  | 10.2 |   |
|    |                                                                                                     |                      |     |   |   |
| 14.1    | Code of Ethics.                                                                                          | 10-KSB                    | 3/31/08  | 14.1 |   |
|    |                                                                                                     |                      |     |   |   |
| 31.1    | Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.  |                      |     |   | X |
|    |                                                                                                     |                      |     |   |   |
| 31.2    | Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.  |                      |     |   | X |
|    |                                                                                                     |                      |     |   |   |
| 32.1    | Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 for the Chief Executive Officer. |                      |     |   | X |
|    |                                                                                                     |                      |     |   |   |
| 32.2    | Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 for the Chief Financial Officer. |                      |     |   | X |
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| 99.1    | Audit Committee Charter.                                                                                 | 10-KSB                    | 3/31/08  | 99.1 |   |
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| 99.2    | Executive Committee Charter.                                                                             | 10-KSB                    | 3/31/08  | 99.2 |   |
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| 99.3    | Nominating and Corporate Governance Committee Charter.                                                   | 10-KSB                    | 3/31/08  | 99.3 |   |
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| 99.4    | Stock Option Plan.                                                                                       | 10-KSB                    | 3/31/08  | 99.4 |   |
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| 101.INS | XBRL Instance Document.                                                                                  |                      |     |   |   |
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| 101.SCH | XBRL Taxonomy Extension – Schema.                                                                  |                      |     |   |   |
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| 101.CAL | XBRL Taxonomy Extension – Calculations.                                                            |                      |     |   |   |
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| 101.DEF | XBRL Taxonomy Extension – Definitions.                                                             |                      |     |   |   |
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| 101.LAB | XBRL Taxonomy Extension – Labels.                                                                  |                      |     |   |   |
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| 101.PRE | XBRL Taxonomy Extension – Presentation.                                                            |                      |     |   |   |