8-K filed October 27, 2026, 5:25 PM ET ticker ILXP CIK 0001115864

M&A confidence high sentiment negative materiality 0.80

Ecominas buys AI oilfield IP; seller Franklin Marín Toro becomes CEO, gets 24M shares

ECOMINAS CORP.

Acquired SIP-AI/SIP-3 oilfield IP and SAPI registrations FM-03779, SO72943 from Franklin Marín Toro for 10M restricted shares and 2M Series B preferred (200 votes each); no cash.
Seller Franklin Marín Toro named CEO, President, Secretary, Treasurer and director on Oct 22, 2026; no independent valuation/fairness opinion obtained; COO Andrew Gaudet to exit after 2-3 weeks.
Chairman Ricardo Silva Canelon to retain ~69.7% voting power; Marín Toro ~28.4%; officers/directors ~98.9%. Common shares rise ~34% from deal plus 12M employment shares.
No revenue or customers; at June 30, 2026 total assets $766, liabilities $484,117, stockholders' deficit $483,351; auditor going-concern doubt. CEO salary $5,000/month from Dec 1, 2026.
IP consists only of Venezuelan SAPI registrations and no U.S. patents; Venezuela/PdVSA remain blocked under OFAC, with GL 48D (Sept 28, 2026) conditioning permitted oil/gas services.

item 2.01 item 1.01 item 5.02 item 3.02 item 9.01 item 8.01

Featured in Daily 8-K Digest

Selected #3 for 2026-10-27. Read digest

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Franklin Marín Toro

Chief Executive Officer, President, Secretary and Treasurer

ILXP · ECOMINAS CORP.

Effective: 2026-10-22
Filed: October 27, 2026, 5:25 PM ET

On October 22, 2026, the Board appointed Franklin Marín Toro as Chief Executive Officer, President, Secretary and Treasurer, and designated him as the Company’s principal executive officer and, until a separate Chief Financial Officer is appointed, its principal financial officer and principal accounting officer, effective at 5:00 p.m. Eastern Time on October 22, 2026.

Appointed (interim)

Franklin Marín Toro

interim Chief Financial Officer

ILXP · ECOMINAS CORP.

Effective: 2026-10-22
Filed: October 27, 2026, 5:25 PM ET

Franklin Marín Toro , age 46, has served as Chief Executive Officer, President, interim Chief Financial Officer, Secretary and Treasurer, and a director of the Company since October 22, 2026.

Departed

Ricardo Enrique Silva Canelon

Chief Executive Officer, President, Chief Financial Officer, Treasurer and Secretary

ILXP · ECOMINAS CORP.

Effective: 2026-10-22
Successor: Franklin Marín Toro
Filed: October 27, 2026, 5:25 PM ET

On October 22, 2026, Ricardo Enrique Silva Canelon resigned as Chief Executive Officer, President, Chief Financial Officer, Treasurer and Secretary, effective at 5:00 p.m. Eastern Time on October 22, 2026.

Appointed

Franklin Marín Toro

Director

ILXP · ECOMINAS CORP.

Effective: 2026-10-22
Filed: October 27, 2026, 5:25 PM ET

Effective at the same time, the Board increased the number of directors from two to three and appointed Mr. Marín Toro as a director to fill the resulting vacancy.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Franklin Marín Toro was appointed as Chief Executive Officer, President, Secretary and Treasurer at ECOMINAS CORP..

Action: appointed
Role: Chief Executive Officer, President, Secretary and Treasurer

Exact text from the filing

On October 22, 2026, the Board appointed Franklin Marín Toro as Chief Executive Officer, President, Secretary and Treasurer, and designated him as the Company’s principal executive officer and, until a separate Chief Financial Officer is appointed, its principal financial officer and principal accounting officer, effective at 5:00 p.m. Eastern Time on October 22, 2026.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.7

Franklin Marín Toro was appointed as interim Chief Financial Officer at ECOMINAS CORP..

Action: appointed
Role: interim Chief Financial Officer

Exact text from the filing

Franklin Marín Toro , age 46, has served as Chief Executive Officer, President, interim Chief Financial Officer, Secretary and Treasurer, and a director of the Company since October 22, 2026.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Ricardo Enrique Silva Canelon resigned as Chief Executive Officer, President, Chief Financial Officer, Treasurer and Secretary at ECOMINAS CORP..

Action: resigned
Role: Chief Executive Officer, President, Chief Financial Officer, Treasurer and Secretary

Exact text from the filing

On October 22, 2026, Ricardo Enrique Silva Canelon resigned as Chief Executive Officer, President, Chief Financial Officer, Treasurer and Secretary, effective at 5:00 p.m. Eastern Time on October 22, 2026.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.93

Franklin Marín Toro was appointed as Director at ECOMINAS CORP..

Action: appointed
Role: Director

Exact text from the filing

Effective at the same time, the Board increased the number of directors from two to three and appointed Mr. Marín Toro as a director to fill the resulting vacancy.

View on SEC.gov

ECOMINAS CORP. filing history →

Source: SEC EDGAR

accession 0001477932-26-006474

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4.1-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.