EcoloCap Solutions Inc. is in a standstill period with Fuel Emulsions International Inc. until March 31, 2012. Under the proposed agreement, FEI is committed to purchase, own and operate all or most of EcoloCap's manufactured processing equipment and additive for the production of M-Fuel and other specialty emulsion fuels. The proposed agreement has been in negotiation for the last three months and follows the successful testing of M-Fuel production by Energy Partners Chile (EPC), which shared its positive results with FEI. EcoloCap's M-Fuel is the result of years of research and development. It has been an uphill battle for the market to recognize that the breakthrough technology can reduce diesel fuel consumption by up to 30% and particulate emissions up to 98%. In these times of $100/barrel oil, ECOS is fast gaining recognition and attracting the attention of users of heavy oils. The proposal ECOS has received is a testimonial to that recognition.