ECO ECO ZIMBABWE ((PTY) LIMITED entered into a definitive share purchase agreement to acquire Crucial Innovations, Corp. (OTCPK:CINV) from JPD Capital PCC and others for approximately $250 million in a reverse merger transaction on September 13, 2021. Upon closing of the transaction, Crucial Innovations' existing officers and directors will resign and JPD shall name a majority of the new directors, who shall then appoint a new Chief Executive Officer, Chief Financial Officer, and Secretary of Crucial Innovations. Crucial Innovations will undertake a Private Placement to raise additional funding, seeking to raise $25 million. The combined company will be renamed Eco Equity Corp, and apply for a new stock trading symbol to reflect its new name and brand.

The closing of the transaction is subject to (i) approval by relevant governmental and regulatory authorities in Zimbabwe, if any, as well as ECO ECO ZIMBABWE's parent, JPD's Board of Directors and (ii) the Company filing with the Securities and Exchange Commission its Quarterly Report on Form 10-Q for the period ended June 30, 2021 and The approval of the Board of Directors of Crucial Innovations. The closing date of this Agreement will take place within no later than (21) days after the execution of this Agreement.

ECO ECO ZIMBABWE ((PTY) LIMITED completed the acquisition of Crucial Innovations, Corp. (OTCPK:CINV) from JPD Capital PCC and others in a reverse merger transaction on October 26, 2022.