British Columbia / www.eqcho.com
The principal business of the Issuer will be the identification and evaluation of businesses with a view to provide direct loans with competitive low rates, in exchange for small equity stakes, to profitable U.S. based cannabis and hemp companies which currently have insufficient or no lending options. The Issuer has not commenced commercial operations and has no assets other than a minimum amount of cash. Until completion of a loan and accompanying equity acquisition, the Issuer will not carry on any business other than the identification and evaluation of businesses with a view to completing its first direct loan and accompanying equity stake acquisition.
Here's how eQcho Capital Inc. is planning on using the funds raised from this crowdfunding:
| Minimum Raise | Maximum Raise | |
| Legal & consulting fees - 1st and 2nd rounds | $1,000 | $50,000 |
| General Working Capital | - | $65,000 |
| Attend meetings for ● Assessment of Target Company Management and Advisory Teams ● Marketing and Fundraisin | $2,000 | $25,000 |
| Management and Consulting Fees | - | $25,000 |
| Portal Fees | $1,000 | $10,000 |
| General and Administrative (including management/portal systems) | $1,000 | $75,000 |
| TOTAL | $5,000 | $250,000 |