EKNL jumped to another record high price of $0.775 and with MAJOR contracts coming out of this weekend’s Medical Conference, expect EKNL to soar to more record highs.
Belize City, Belize -- (SBWIRE) -- 10/28/2012 -- Publishers of daily penny stock newsletter xtremepicks (http://www.xtremepicks.com) looks at EKO International (EKNL:PINK)
EKNL is now at the 2012 CFPM 13th Annual Conference and we are getting initial word that key participants are very interested in EKNL and it’s FREMS technology.
The company announced already they are looking to finalized several deals, and xtremepicks will be front and center when EKNL unleashes contract after contract.
Dr. Ziemer with Dr. Kenneth J. Snow will lead participants through hands on training sessions for the NC-stat DPN Check device, trademark and technology owner, Neurometrix. Definitely impressive and have EKNL working closely with a large cap Nasdaq board company (NURO) and top professionals in the industry, rarely heard of for and OTC company this early on in their business development.
This alone sling shots EKNL right in deep with the big players!
NC-stat® | DPNCheck™
EKNL is is MAJOR breakout action making another all-time high of $0.775 and is well on it’s way to soar towards $2 as MAJOR contract are unleashed next week.
Barchart.com maintains a “Strong” Buy opinion on EKNL and no doubt we will be breaking record after record next week when the sales contracts start flying out of the company.
EKNL is definitely showing investors exactly how big this is getting and with recent monster updates unleashed and ready to be unleashed, investors can definitely see $2.00 per share near term.
EKNL shattered several ‘record’ closes last week and again today – EKNL is in full blown BULLISH BREAKOUT MODE and will be the biggest winner of 2012 hands down!
EKNL also announced a reduction in authorized shares amount limit to 75 Million and will be buying back shares in the open market with proceeds received from their FREMS technology!
EKO International Corp. – Reduction of number of authorized common sharesPR Newswire(Mon 10:01AM EDT)
“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!
This was confirmed when the company announced they have initiated the process for uplisting and announces the selection of MaloneBailey LLP, Certified Public Accounting Firm for appointment 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.
This is exactly what investors have seen with xtremepicks other medical monster alert Life Advantage (LFVN) after filing their Audited statement were approved and uplisted to the NASDAQ board trading well over the $3 mark from just pennies.
Of course what really stands EKNL apart from everyone else is the relationships and key connections it has build so far.
EKNL released monster news announcing “EKO with Dr. Ziemer’s NeuroVasc Medical Inc. and NCI, distributor of Neurometrix (NASDAQ:NURO)’s NC-Stat DPN check device are now available in 100 of WalMart-Canada stores.”
Perry Mayer BSc, MB, Bch, BAO, CCFPDr. Paul Ziemer, world renowned for his expertise in the medical field joined the team at EKNL.
http://www.themayerinstitute.ca/wp-content/themes/starkers-for-storyboard/images/logo.pngEKNL launched first of many Clinics starting to treat patients with their FDA approved FREMS technology that will also be presented at the 13th annual Medical show in London this weekend!
Also, Dr. Ziemer teaming up with Dr. Snow of Neurometrix, a NASDAQ Listed company (NURO) for exclusive hands on demonstration of their testing unit at the show.
No doubt, these are MONSTER updates that are turning a lot of heads, and institutional investors.
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 only 5.5 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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