Eco Allies names David Waite CEO and opens accredited-investor stock sale

Eco Allies has appointed board member and former COO David Waite as chief executive officer, effective immediately. The Nevada benefit corporation also said it is offering common stock at $1 per share to accredited investors and has carbon offset credits available for sale.

Why it matters: - Eco Allies is putting a longtime insider in the top job as the company pushes its biochar-based restoration business. - The company is also signaling a new capital-raising phase by offering common stock only to accredited investors under SEC Regulation D Rule 506(c). - Eco Allies says it can sell hundreds of thousands of tons of insured verified carbon offset credits to individuals and companies.

What happened: - Eco Allies Inc. named David Waite chief executive officer, effective immediately. - Waite has served on Eco Allies' board of directors and has worked as chief operating officer for more than three years. - The announcement was issued from Las Vegas on Oct. 26, 2026.

The details: - Waite has a background in consulting and contracting. - Deloitte Touche Tohmatsu LLP recruited Waite to manage the sales and marketing pipeline for a 50-partner team focused on Fortune 500 opportunities. - Waite has worked on new government and corporate client development for Oracle, SAP, Lawson Software, and IBM companies including SPSS and Cognos Software. - Eco Allies said Waite has a strong understanding of biochar manufacturing and distribution. - Charley Guillory, a board member and biochar operations expert, is part of the company’s management team. - Eco Allies is a Nevada for-profit benefit corporation focused on ecological restoration and preservation using proprietary biochar. - The company is offering its common stock at $1.00 per share only to accredited investors under Regulation D Rule 506(c). - Accredited investors may request a private placement memorandum at info@ecoallies.biz or by calling 818-456-3858. - Eco Allies says material information will be posted on its LinkedIn page. - Rezn8 Inc., a nine-time Emmy Award-winning marketing and production company, will provide global media coverage for Eco Allies and its client companies. - Eco Allies included a cautionary note that some statements in the release are forward-looking and covered by federal safe-harbor rules. - The company said the release is not an offer to sell or a solicitation to buy securities. - Eco Allies said any securities offer will be made only through a PPM to eligible persons where such activity is lawful.

Between the lines: - Promoting Waite from within the board and COO role suggests Eco Allies is leaning on operational continuity as it expands. - The stock sale language and SEC references indicate the company is trying to formalize investor outreach while limiting the offering to accredited buyers. - The carbon-credit and biochar references point to a business model that blends environmental claims with capital-market fundraising.

What's next: - Accredited investors can request offering materials directly from Eco Allies. - Eco Allies said additional company updates will appear on its LinkedIn page. - The company said it does not intend to publicly update forward-looking statements unless required.

The bottom line: - Eco Allies has installed a familiar executive to lead the company while it pursues investor capital and expands its biochar and carbon-credit business.