SCOTTSDALE, Ariz., June 05, 2024 (GLOBE NEWSWIRE) — via IBN — Lelantos Holdings, Inc. (OTC:LNTO) (“Lelantos” or the “Company”) is proud to announce its subsidiary, Eco Management Systems (Eco), has reached significant sales milestones since the Company executed a Memorandum of Understanding (MOU) to acquire Eco on Feb. 13, 2024. Since this date, and in large part due to the efforts of Lelantos’ executive team, Eco, a licensed and full-service commercial and residential solar contractor, has increased its sales volume and signed the following to contract:
264,650 Total Watts
$1,040,579.56 Total Contract Value
Currently, these projects are in various stages of development; from permitting to preconstruction activities all the way through to procurement and initiating installation. Since signing the preliminary MOU, and the subsequent Equity Purchase Agreement (March 27, 2024) to acquire Eco as a partially owned subsidiary, Lelantos has worked diligently with Eco’s staff to implement new strategies and standard operating procedures to increase sales and business volume.
Sean Land, president of business development for Lelantos, states: “We (Lelantos) recognized the potential that Eco Management had and immediately got to work on implementing programs that have had tremendous success with previous companies I have led. They (Eco) had the infrastructure in place already to dramatically increase sales. By working hand-in-hand with their team we enhanced what they already had in place and have positioned the company on an upward trajectory for the near and long-term future.”
Dedicated to quality and craftsmanship, Eco is an experienced and highly reputable EPC (solar contractor) that has been installing solar for homes and businesses since 2017. Over the past three years, Eco has signed 530-plus jobs under contract, equating to more than 3.5 million watts and $19.1 million in contract value.
COO of Lelantos Holdings, Joshua Weaver, says: “Working with Eco for months prior to the acquisition allowed us to understand the infrastructure they had put in place and assess how we could provide additional value. I could not be more proud of how our two teams have collaborated to amplify their residential solar sales program and increase the volume of business activity. We have gotten stronger each week and through our combined efforts have …