Ecominas Corp.
OOTC:ILXPD25.00
USD
+5.01
(+25.03%)
CIK
1115864
ISIN
US4598314007
CUSIP
459831400
Return %
Stock
S&P 500
1Y
147,828.99
14.20
3Y
192,207.69
81.12
5Y
21,474.97
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Tejas Bansilal Parikh
- Sector
- Consumer durables
- Industry
- Other consumer specialties
- Address
- Dover United States
- CIK
- 0001115864
- Similar Companies
- Business
- Ecominas Corp., formerly known as International Luxury Products, Inc., is a development-stage mining services and mineral processing solutions company that provides operational, technical, and metallurgical support to third-party mining operators. The company operates as a specialized service contractor, assisting small- and medium-scale mining enterprises across diverse commodity sectors, including gold, copper, coal, and diamonds, with an operational focus on Latin America. Ecominas Corp. does not hold mineral concessions, licenses, or resource reserves, focusing instead on contract-based operational delivery. Its core service offerings are structured into two principal business categories: Mineral Processing Services, which comprise crushing and grinding; mineral screening and classification; gravity concentration; froth flotation; magnetic separation; metallurgical concentration; and tailings handling, disposal, and environmental management; and Operational and Technical Support Services, which include on-site processing equipment operation and oversight; preventive and corrective maintenance coordination; process flowsheet optimization and efficiency enhancements; metallurgical testing oversight; bulk material handling; and quality control and assay sampling coordination. Founded in 1995 and incorporated in Nevada, Ecominas Corp. maintains its principal executive offices in Bakersfield, California. The company has undergone significant corporate and strategic transformations over the past year. In February 2026, Ricardo Enrique Silva Canelon acquired a majority controlling interest in the company and assumed the roles of Chief Executive Officer, Chief Financial Officer, and Chairman of the Board, initiating a comprehensive corporate pivot toward mining services and mineral processing. In connection with this strategic repositioning, the company formally changed its corporate name from International Luxury Products, Inc. to Ecominas Corp. In July 2026, the company completed a 1-for-500 reverse stock split of its common stock, temporarily trading on the OTC markets under the ticker symbol ILXPD before transitioning to its permanent trading symbol, ECOC, in August 2026. Additionally, the company registered its common stock with the U.S. Securities and Exchange Commission under the Securities Exchange Act of 1934 and filed a Form S-1 registration statement to conduct a primary public offering of up to 40,000,000 common shares to fund equipment procurement, project mobilization, technical hiring, and operational working capital.