Ourhotstockpicks.com- EKNL, DROP – Making way for solid buying levels.
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EKNL, DROP – Making way for solid buying levels.
EKNL continues to show its caliber of HUGE long term gain potential holding solid to gains for several months and since our initial alert of $0.04. There`s one thing for sure, EKNL is definitely a long term CORE play that should be in your portfolio. Our core plays have made some of our members millionaires, and with the solid potential EKNL has in works, no doubt will be making many more.
We have not seen something this strong since our 2011 monster winner Fuse Science (DROP) just before it skyrocketed from just pennies into dollar land making several of our members millionaire. We are looking at doing this again with EKNL and we are definitely going to keep a close eye on the wires to follow last week`s HUGE update reducing the active float by 20% Fuse Science (DROP) continues to hold super solid at support levels and definitely priced for solid gains.
EKO International Corp.
EKNL already released several MEGA updates and we expect to be super close to MAJOR key news to take this over the top.
Share buyback program in full effect and confirmed last week! With the reduction of the active float by 20% indicates the company has initiated the share buy back program and definitely looking for further reduction. This is BIG news, when a company want to increase shareholders value and stock prices, nothing is more effective than a share buyback program.
EKNL – Active float just got reduced 20% by 1.1M shares! January 10th, 2013 “Upon the achievement of a positive income statement and the repayment of its liabilities, the Company intends to initiate a program to buy-back common shares on the open market.” This is insane, the only reason to buy back shares is of course to move prices up, but the underlying reason would be to get uplisted to the NASDAQ or NYSE board! Exchange uplisting plans were confirmed when the company announced selecting MaloneBailey LLP, Certified Public Accounting Firm as auditors of the Company.
“The Company is in the process of retaining an in-house accountant and qualified auditors for the purpose of upgrading the Company’s tier on the OTC Markets as the next step toward providing investors with the “highest financial standards and superior information availability” – OTC Markets” Even better, the company also confirmed sufficient cash flow to meet financial needs – that’s a HUGE step forward for the company The Company believes that cash flow from sales this quarter will be sufficient to meet its current financial needs and will be sufficient to finance its marketing expansion.
We are also going to be playing close attention to the announced Walmart Canada Professional Services Conferences of 2013 in Vancouver, BC (April 4-7) and in Toronto, ON (April 25-28) and we anticipate the build up here so far is a lead up to this Key conference. We will definitely see some major updates to follow.
Of course what really stands EKNL apart from everyone else is the relationships and key connections it has build so far with Walmart and also several others including:
imdTeaming up with iMDhealth.ca network just gave EKNL access to thousands of physician, diabetes education centers and health care providers for diabetics across Canada – practically becoming EKNL’s sales force for the treatment of Nueropathy and the FREMS FDA approved technology.
http://srv.ezinedirector.net/n83453&s7675653 launched first of many Clinics including recent announcement of launching clinics in the USA. These clinics will start to treat patients with their FDA approved FREMS technology that was also presented at the 13th annual Medical last month! Also, Dr. Ziemer (Director of EKNL) teamed up with Dr. Snow of Neurometrix, a NASDAQ Listed company (NURO) for exclusive hands on demonstration of their testing unit at the recently attended conference.
No doubt, these are MONSTER updates that are turning a lot of heads, and institutional investors now eying that multi-dollar target level.
These updates already give EKNL HUGE valuation and potential… …BUT, IT IS WHAT’S STILL TO BE UNLEASHED BY EKNL THAT WILL NOT ONLY BE MIND ‘BLOWING’ IT WILL PROPEL EKNL PRICES ’SKY HIGH’ AND INTO RECORD TERRITORY With an active float of NOW only 4.4 Million shares and insiders not selling a single share, share inventory continues to dry up super quick making EKNL prices to move fast and furious towards higher levels.
ABOUT EKO INTERNATIONAL EKO International Corp. is a holding company focused on growth through acquisition. Each acquisition must have substantial growth potential and is expected to add assets and/or cash-flow to the consolidated financial statements of the Company. The Company is willing to examine a variety of proposed target businesses and if interested, will negotiate terms and conditions of purchase favorable to itself.
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