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   <TITLE>ECOLOCAP SOLUTIONS INC. Form 8-K for December 18, 2007.</TITLE>
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<P align=center><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B>&nbsp;</P>
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<P align=center><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">UNITED STATES <BR>
</FONT></B><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">SECURITIES AND EXCHANGE COMMISSION <BR>
WASHINGTON, D.C. 20549</FONT></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"> </FONT></P>
<P align=center><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">FORM 8-K</FONT></B></P>
<P align=center><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">CURRENT REPORT</FONT></B></P>
<P align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">PURSUANT TO SECTION 13 OR 15(d)</FONT></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"> <BR>
</FONT><B><FONT face="TimesNewRomanPS-BoldMT,Times &#13;&#10;New Roman,Times,serif">OF THE SECURITIES EXCHANGE ACT OF 1934</FONT></B></P>
<P align=center><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">DATE OF EARLIEST EVENT REPORT &#150; DECEMBER 18, 2007</FONT></B></P>
<P align=center><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=4>ECOLOCAP SOLUTIONS INC.<BR>
</FONT></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(Exact name of Registrant as specified in its charter)</FONT></P>
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     <TD align=center width="38%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">NEVADA</FONT></B>&nbsp; </TD>
     <TD align=center width="28%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">000-31165</FONT></B>&nbsp; </TD>
     <TD align=center width="33%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">20-0909393</FONT></B>&nbsp; </TD></TR>
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     <TD align=center width="38%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(State or other jurisdiction of</FONT>&nbsp; </TD>
     <TD align=center width="28%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(Commission</FONT>&nbsp; </TD>
     <TD align=center width="33%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(IRS Employer</FONT>&nbsp; </TD></TR>
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     <TD align=center width="38%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">incorporation)</FONT>&nbsp; </TD>
     <TD align=center width="28%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">File Number)</FONT>&nbsp; </TD>
     <TD align=center width="33%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Identification Number)</FONT>&nbsp; </TD></TR></TABLE></DIV><BR>
<P align=center><B><U><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">353, St-Nicolas Street</FONT></U></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"> </FONT><BR>
<B><U><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Suite 205, Montreal, Quebec, Canada</FONT></U></B><BR>
<B><U><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">H2Y 2P1</FONT></U></B><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(Address of principal executive offices)</FONT></P>
<P align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><U><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">(514) 397-0575 (228)</FONT></U></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"> <BR>
(Registrant&#146;s telephone number, including area code) </FONT></P>
<P align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><U><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Sumpfstrasse 32</FONT></U></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"> </FONT><B><U><FONT face="TimesNewRomanPS-BoldMT,Times New &#13;&#10;Roman,Times,serif">6304 Zug, Switzerland</FONT></U></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"> </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(Former name or former address, if changed since last report)</FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</FONT></P>
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<LI>
<P align=justify><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Written communications pursuant to Rule 425 under the Securities Act</FONT></P>
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<P align=justify><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Soliciting material pursuant to Rule 14a-12 under the Exchange Act</FONT></P>
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<P align=justify><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange</FONT> <FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Act</FONT></P>
<LI>
<P align=justify><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange</FONT> <FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Act</FONT></P>
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<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Item 1.01: </FONT></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Entry into a Material Definitive Agreement.</FONT></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"> </FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Ecolocap Solutions Inc. (OTCBB-ECOS) is pleased to announce that it has entered into a Memorandum of Understanding with United Best Technology Limited for the purchase of assets including intellectual property, knowledge, contacts, technology, and contracts it owns relating to the creation of Carbon Credits (CERs) under the Clean Development Mechanism as described under the Kyoto Protocol. The effective date of the Memorandum is the 7</FONT><SUP><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">th</FONT></SUP><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"> of January 2008 and the execution of a definitive agreement and closing of the transaction is expected within 45 days of this effective date. During this 45 day period EcoloCap will conduct due diligence procedures and develop a definitive agreement for the transaction. The price of the assets was set on September 7</FONT><SUP><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">th</FONT></SUP><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">, 2007 during ongoing negotiations. The total cost of the acquired assets will be three millions five hundred thousand restricted shares of the Company&#146;s Common Stock. The Memorandum of Understanding provides that the purchase price shares will be paid as the Seller delivers the acquired assets to the Company within a defined performance period. Among the assets United Best will be required to deliver during the performance period provided within the definitive agreement, will be contractual project commitments representing a yearly minimum production of Three Million Six Hundred Thousand CERs, that can be certified and traded as provided within the Kyoto Protocol. </FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Ecolocap Solutions Inc. also entered into an Agreement for the services of Dr. Tri Vu Truong to serve EcoloCap in the capacity of President and Chief Executive officer. This agreement has an effective date that is linked to the closing of the above transaction. Dr. Truong is highly experienced in the areas of expertise required by the Company&#146;s new business. He has worked in the environmental sector since 1970, upon completion of his B. Engineering degree, complemented by a Master's degree in Chemical Engineering in 1971 and a Ph.D. degree in Civil Engineering with Environmental Option in 1975. His professional career includes the realization of many major scientific and technical studies and projects. Dr. Truong was responsible in 1977 for the creation and operation of the Permits &amp; Inspections Division of the Montreal Urban Community&#150;Environment Department. He has taught several post-graduate courses at the prestigious Universit&#233; de Montr&#233;al's &#201;cole Polytechnique. As President of the Sodexen Environmental Engineering Group since 1981, Dr. Truong has managed numerous major environmental impact projects, including: Comparative study of the environmental impact of dust-palliatives (MTQ 1988, 1989, 1990); Environmental decommissioning of a polystyrene production complex (BASF, 1988-1990); Solid waste management study relating to the closure of the Miron landfill (Montr&#233;al, 1988-90), as well as various research &amp; development projects in the area. </FONT></P>
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Item 7.01:</FONT></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"> </FONT><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">FD Disclosure </FONT></B></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Ecolocap Solutions Inc. (OTCBB-ECOS) is pleased to announce that it has entered into a Memorandum of Understanding with United Best Technology Limited for the purchase of assets including intellectual property, knowledge, contacts, technology, and contracts it owns relating to the creation of Carbon Credits (CERs) under the Clean Development Mechanism as described under the Kyoto Protocol. The effective date of the Memorandum is the 7</FONT><SUP><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">th</FONT></SUP><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"> of January 2008 and the execution of a definitive agreement and closing of the transaction is expected within 45 days of this effective date. During this 45 day period EcoloCap will conduct due diligence procedures and develop a definitive agreement for the transaction.</FONT></P>
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<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">The price of the assets was set on September 7</FONT><SUP><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">th</FONT></SUP><FONT face="TimesNewRomanPSMT,Times New &#13;&#10;Roman,Times,serif">, 2007 during ongoing negotiations. The total cost of the acquired assets will be three millions five hundred thousand restricted shares of the Company&#146;s Common Stock. The Memorandum of Understanding provides that the purchase price shares will be paid as the Seller delivers the acquired assets to the Company within a defined performance period. Among the assets United Best will be required to deliver during the performance period provided within the definitive agreement, will be contractual project commitments representing a yearly minimum production of Three Million Six Hundred Thousand CERs, that can be certified and traded as provided within the Kyoto Protocol. </FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Ecolocap Solutions Inc. also entered into an Agreement for the services of Dr. Tri Vu Truong to serve EcoloCap in the capacity of President and Chief Executive officer. This agreement has an effective date that is linked to the closing of the above transaction. Dr. Truong is highly experienced in the areas of expertise required by the Company&#146;s new business. He has worked in the environmental sector since 1970, upon completion of his B. Engineering degree, complemented by a Master's degree in Chemical Engineering in 1971 and a Ph.D. degree in Civil Engineering with Environmental Option in 1975. His professional career includes the realization of many major scientific and technical studies and projects. Dr. Truong was responsible in 1977 for the creation and operation of the Permits &amp; Inspections Division of the Montreal Urban Community&#150;Environment Department. He has taught several post-graduate courses at the prestigious Universit&#233; de Montr&#233;al's &#201;cole Polytechnique. As President of the Sodexen Environmental Engineering Group since 1981, Dr. Truong has managed numerous major environmental impact projects, including: Comparative study of the environmental impact of dust-palliatives (MTQ 1988, 1989, 1990); Environmental decommissioning of a polystyrene production complex (BASF, 1988-1990); Solid waste management study relating to the closure of the Miron landfill (Montr&#233;al, 1988-90), as well as various research &amp; development projects in the area. </FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">In Vietnam and other countries, Dr. Truong has led numerous studies, projects and training seminars in the fields of solid waste management and urban planning: Hanoi Solid Waste Management Master Plan for the period of 1995 &#150; 2015 (1996-1998); Biomedical waste treatment (Morocco 2000); Watershed management, urban &amp; industrial wastewater control (Cau River Basin Environmental Intervention Plan-(Viet Nam 2003) ); Waste to Energy feasibilities study for Hanoi (2002-2003); Biogas enhanced Waste to Energy for Ho Chi Minh City ( 2004 -2005 ); Mega-landfill design for HCM city (2004-2006). Recently he has been actively involved in the implementation of 3 major CDM-CO2 investment projects in Viet Nam for the recuperation of biogas generated by landfills (2006-2007) as well as in CDM &#150;CO2 for mini Hydro&#150; power projects..</FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Alexander C. Gilmour, Chairman of the Board and acting Chief Executive Officer stated: &#147;With the United Best Agreement, our Company is entering into a field that is being heralded in many quarters as the most important investment theme over the next decade. The New York Times reported</FONT><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"> &#145;&#146;</FONT></B><FONT face="TimesNewRomanPSMT,Times New &#13;&#10;Roman,Times,serif">Carbon will be the world's biggest commodity market, and it could become the world biggest market overall&#146;&#146;. The retaining of Dr Truong assures us the service of one of the world&#146;s foremost authority on the methodology, design and implementation of emission reduction projects under the Kyoto mechanisms. This has to be a winning combination to create value for our shareholders.&#146;&#146; Mr. Gilmour continued, &#145;&#146;It is apparent that the current environmental discussions in Bali appear to have reinforced the concepts</FONT></P>
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<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">established by Kyoto. Among the outcomes of the Bali meetings is that it now appears that major players who have not elected to participate in Kyoto will in two or three years participate in what I will call Kyoto II thereby insuring environmental progress through mechanisms such as those the Company is now focusing its activities upon&#146;&#146;. </FONT></P>
<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Item 9.01 Exhibits. </FONT></B></P>
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     <TD align=left width="10%"><B><U><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Exhibit No.</FONT></U></B>&nbsp; </TD>
     <TD align=left width="90%"><B><U><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Description</FONT></U></B>&nbsp; </TD></TR>
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     <TD align=left width="10%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">99.1</FONT>&nbsp; </TD>
     <TD align=left width="90%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Press Release.</FONT>&nbsp; </TD></TR></TABLE></DIV><BR>
<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B>&nbsp;</P>
<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B>&nbsp;</P>
<P align=center><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">SIGNATURES</FONT></B></P>
<P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Pursuant to the requirements of the Securities Exchange Act of 1934, XL Generation International Inc. has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</FONT></P>
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     <TD align=left width="51%">&nbsp; </TD>
     <TD align=left width="49%" colSpan=2><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">ECOLOCAP SOLUTIONS INC.</FONT></B>&nbsp; </TD></TR>
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     <TD align=left width="51%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Dated: December 18, 2007</FONT>&nbsp; </TD>
     <TD align=left width="49%" colSpan=2><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">By: </FONT><U><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">ALEXANDER C. GILMOUR</FONT></U>&nbsp; </TD></TR>
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     <TD align=left width="51%">&nbsp; </TD>
     <TD align=left width="10%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Name:</FONT>&nbsp; </TD>
     <TD align=left width="39%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Alexander C. Gilmour</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="51%">&nbsp; </TD>
     <TD align=left width="10%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Title:</FONT>&nbsp; </TD>
     <TD align=left width="39%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Chairman of the Board.</FONT>&nbsp; </TD></TR></TABLE></DIV>
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ECOLOCAP SOLUTIONS INC. Form 8-K for December 18, 2007.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF EARLIEST EVENT REPORT – DECEMBER 18, 2007
ECOLOCAP SOLUTIONS INC.
(Exact name of Registrant as specified in its charter)
NEVADA
000-31165
20-0909393
(State or other jurisdiction of
(Commission
(IRS Employer
incorporation)
File Number)
Identification Number)
353, St-Nicolas Street
Suite 205, Montreal, Quebec, Canada
H2Y 2P1
(Address of principal executive offices)
(514) 397-0575 (228)
(Registrant's telephone number, including area code)
Sumpfstrasse 32
6304 Zug, Switzerland
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act
Soliciting material pursuant to Rule 14a-12 under the Exchange Act
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act
Item 1.01:
Entry into a Material Definitive Agreement.
Ecolocap Solutions Inc. (OTCBB-ECOS) is pleased to announce that it has entered into a Memorandum of Understanding with United Best Technology Limited for the purchase of assets including intellectual property, knowledge, contacts, technology, and contracts it owns relating to the creation of Carbon Credits (CERs) under the Clean Development Mechanism as described under the Kyoto Protocol. The effective date of the Memorandum is the 7
th
of January 2008 and the execution of a definitive agreement and closing of the transaction is expected within 45 days of this effective date. During this 45 day period EcoloCap will conduct due diligence procedures and develop a definitive agreement for the transaction. The price of the assets was set on September 7
th
, 2007 during ongoing negotiations. The total cost of the acquired assets will be three millions five hundred thousand restricted shares of the Company's Common Stock. The Memorandum of Understanding provides that the purchase price shares will be paid as the Seller delivers the acquired assets to the Company within a defined performance period. Among the assets United Best will be required to deliver during the performance period provided within the definitive agreement, will be contractual project commitments representing a yearly minimum production of Three Million Six Hundred Thousand CERs, that can be certified and traded as provided within the Kyoto Protocol.
Ecolocap Solutions Inc. also entered into an Agreement for the services of Dr. Tri Vu Truong to serve EcoloCap in the capacity of President and Chief Executive officer. This agreement has an effective date that is linked to the closing of the above transaction. Dr. Truong is highly experienced in the areas of expertise required by the Company's new business. He has worked in the environmental sector since 1970, upon completion of his B. Engineering degree, complemented by a Master's degree in Chemical Engineering in 1971 and a Ph.D. degree in Civil Engineering with Environmental Option in 1975. His professional career includes the realization of many major scientific and technical studies and projects. Dr. Truong was responsible in 1977 for the creation and operation of the Permits & Inspections Division of the Montreal Urban Community–Environment Department. He has taught several post-graduate courses at the prestigious Université de Montréal's École Polytechnique. As President of the Sodexen Environmental Engineering Group since 1981, Dr. Truong has managed numerous major environmental impact projects, including: Comparative study of the environmental impact of dust-palliatives (MTQ 1988, 1989, 1990); Environmental decommissioning of a polystyrene production complex (BASF, 1988-1990); Solid waste management study relating to the closure of the Miron landfill (Montréal, 1988-90), as well as various research & development projects in the area.
Item 7.01:
FD Disclosure
Ecolocap Solutions Inc. (OTCBB-ECOS) is pleased to announce that it has entered into a Memorandum of Understanding with United Best Technology Limited for the purchase of assets including intellectual property, knowledge, contacts, technology, and contracts it owns relating to the creation of Carbon Credits (CERs) under the Clean Development Mechanism as described under the Kyoto Protocol. The effective date of the Memorandum is the 7
th
of January 2008 and the execution of a definitive agreement and closing of the transaction is expected within 45 days of this effective date. During this 45 day period EcoloCap will conduct due diligence procedures and develop a definitive agreement for the transaction.
The price of the assets was set on September 7
th
, 2007 during ongoing negotiations. The total cost of the acquired assets will be three millions five hundred thousand restricted shares of the Company's Common Stock. The Memorandum of Understanding provides that the purchase price shares will be paid as the Seller delivers the acquired assets to the Company within a defined performance period. Among the assets United Best will be required to deliver during the performance period provided within the definitive agreement, will be contractual project commitments representing a yearly minimum production of Three Million Six Hundred Thousand CERs, that can be certified and traded as provided within the Kyoto Protocol.
Ecolocap Solutions Inc. also entered into an Agreement for the services of Dr. Tri Vu Truong to serve EcoloCap in the capacity of President and Chief Executive officer. This agreement has an effective date that is linked to the closing of the above transaction. Dr. Truong is highly experienced in the areas of expertise required by the Company's new business. He has worked in the environmental sector since 1970, upon completion of his B. Engineering degree, complemented by a Master's degree in Chemical Engineering in 1971 and a Ph.D. degree in Civil Engineering with Environmental Option in 1975. His professional career includes the realization of many major scientific and technical studies and projects. Dr. Truong was responsible in 1977 for the creation and operation of the Permits & Inspections Division of the Montreal Urban Community–Environment Department. He has taught several post-graduate courses at the prestigious Université de Montréal's École Polytechnique. As President of the Sodexen Environmental Engineering Group since 1981, Dr. Truong has managed numerous major environmental impact projects, including: Comparative study of the environmental impact of dust-palliatives (MTQ 1988, 1989, 1990); Environmental decommissioning of a polystyrene production complex (BASF, 1988-1990); Solid waste management study relating to the closure of the Miron landfill (Montréal, 1988-90), as well as various research & development projects in the area.
In Vietnam and other countries, Dr. Truong has led numerous studies, projects and training seminars in the fields of solid waste management and urban planning: Hanoi Solid Waste Management Master Plan for the period of 1995 – 2015 (1996-1998); Biomedical waste treatment (Morocco 2000); Watershed management, urban & industrial wastewater control (Cau River Basin Environmental Intervention Plan-(Viet Nam 2003) ); Waste to Energy feasibilities study for Hanoi (2002-2003); Biogas enhanced Waste to Energy for Ho Chi Minh City ( 2004 -2005 ); Mega-landfill design for HCM city (2004-2006). Recently he has been actively involved in the implementation of 3 major CDM-CO2 investment projects in Viet Nam for the recuperation of biogas generated by landfills (2006-2007) as well as in CDM –CO2 for mini Hydro– power projects..
Alexander C. Gilmour, Chairman of the Board and acting Chief Executive Officer stated: "With the United Best Agreement, our Company is entering into a field that is being heralded in many quarters as the most important investment theme over the next decade. The New York Times reported
''
Carbon will be the world's biggest commodity market, and it could become the world biggest market overall''. The retaining of Dr Truong assures us the service of one of the world's foremost authority on the methodology, design and implementation of emission reduction projects under the Kyoto mechanisms. This has to be a winning combination to create value for our shareholders.'' Mr. Gilmour continued, ''It is apparent that the current environmental discussions in Bali appear to have reinforced the concepts
established by Kyoto. Among the outcomes of the Bali meetings is that it now appears that major players who have not elected to participate in Kyoto will in two or three years participate in what I will call Kyoto II thereby insuring environmental progress through mechanisms such as those the Company is now focusing its activities upon''.
Item 9.01 Exhibits.
Exhibit No.
Description
99.1
Press Release.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, XL Generation International Inc. has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
ECOLOCAP SOLUTIONS INC.
Dated: December 18, 2007
By:
ALEXANDER C. GILMOUR
Name:
Alexander C. Gilmour
Title:
Chairman of the Board.