ECOMINAS CORP.

EFFECT effective

S-1/A amended

10,000,000 shares

ECOMINAS CORP. remains in the early stages of development, with no revenue generated under its current mining-services and mineral-processing business plan. The company has incurred significant operating losses, with a net loss of $54,290 for the six months ended June 30, 2026, and an accumulated deficit of $5,509,482 as of that date. Liquidity is critically low, with only $766 in cash and a working capital deficit of $483,351. The company plans to raise capital through this offering and other financing sources to fund operations, but there is substantial doubt about its ability to continue as a going concern. Recent developments include a 1-for-500 reverse stock split and executive share issuances post-period-end.

S-1/A amended

10,000,000 shares

ECOMINAS CORP. is an early-stage mining-services and mineral-processing company seeking capital through an IPO to advance its business plan. The company has not generated revenue, incurred significant losses, and relies on external financing. Recent developments include a 1-for-500 reverse stock split, issuance of 48 million restricted shares to executives, and updates to its asset purchase agreement. The company faces risks related to liquidity, operational viability, and dilution from future equity offerings.

S-1 filed

Ecominas Corp. (formerly International Luxury Products, Inc.) filed an S-1 registration statement for its initial public offering. The company operates as a single reportable segment managed by its Chief Executive Officer (CEO), who reviews consolidated results for resource allocation and performance assessment. The filing discloses adoption of new accounting standards (ASU 2023-09 and ASU 2023-08) impacting income tax disclosures and segment reporting. Key financial highlights include $5.46 million in net operating losses as of December 31, 2025, and a $33,688 net loss for the first quarter of 2026. Recent events include a name change to Ecominas Corp., a 1-for-500 reverse stock split, and leadership changes (Tejas Bansilal Parikh resigned, replaced by Silva Canelon in multiple executive roles). The company also disclosed $115,405 in notes payable to a single noteholder and $68,785 in related-party notes with 0% interest.