ECO SCIENCE SOLUTIONS, INC. 8-K

What Happened
Eco Science Solutions, Inc. (ESSI) filed a Form 8-K on February 9, 2026 reporting that on February 6, 2026 its Board approved converting an additional $255,000 of debt owed to one individual and one entity into 9,107,143 restricted common shares. Once issued, the company's issued and outstanding common shares will increase by 9,107,143 to a new total of 623,814,985 shares.

Key Details

• Board approval date: February 6, 2026; 8‑K filed February 9, 2026.
• Debt converted: $255,000 owed to one individual and one entity.
• New shares to be issued: 9,107,143 restricted common shares.
• Outstanding shares change: increases by 9,107,143 to 623,814,985 (about a 1.48% increase).
• Implied conversion price: roughly $0.028 per share (255,000 / 9,107,143), based on the figures in the filing.

Why It Matters
This action converts debt into equity, reducing the company's liabilities while increasing the number of shares outstanding. For investors, that means modest dilution—existing shareholders will own a slightly smaller percentage of the company (about a 1.5% increase in share count). The conversion also lowers debt load on the balance sheet, which can improve reported financial condition but may affect metrics like earnings per share and ownership percentages.