NOTES TO UNAUDITED PRO FORMA COMBINED CONDENSED FINANCIAL STATEMENTSecoTECH Energy Group Inc. • February 10th, 2011 • Transportation services
On November 9, 2010, ecoTECH Energy Group Inc. f/k/a Sea 2 Sky Corporation (the “Company” or “ecoTECH US Parent”) entered into Business Combination Agreement (“Agreement”) with ecoTECH Energy Group (Canada) Inc. (‘ecoTECH”) and 7697112 Canada Corp., a wholly owned subsidiary of the Company (“Subco”), pursuant to which ecoTECH will amalgamate and merge with Subco and the Company will acquire 100% of the outstanding equity interests of ecoTECH through the issuance of 110,606,239 shares of the Company’s common stock. Upon completion of the amalgamation on November 12, 2010, ecoTECH became a wholly-owned subsidiary of the Company; however, due to the exchange of common stock shares, ecoTECH assumed control of the Company. The transaction closed on November 12, 2010.
