ECOMINAS CORP.

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.