Smart buyers were definitely scooping up super cheap shares today on a low volume pull back. We have seen it several times before just prior to a MAJOR bullish breakout and? EKNL is at prime ?buy? levels. With MAJOR contracts expected to be unleashed next week, we can see prices move super quick and into multi-dollar level.
Today?s trading action confirms the strength of EKNL and zero dilution. In fact with the share buy back program in effect, more shares are falling into super strong hands as share inventory continues to dry up. With an active float of 5.5 Million shares confirmed by the company this week, expect this figure to be reduced further as the company continues to buy back shares in the open market.
With MONSTER news continuing to be unleashed by the company we are on HIGH news watch for more market shaking updates that will propel prices sky high including MAJOR contracts to be unleashed from the 13th annual Medical conference last weekend.
NCI will be providing demonstrations to a number of parties who have expressed serious interest in FREMS and are attending to finalize purchasing arrangements.
This was EKNL?s recent update heading into the World Acclaimed Medical conference and definitely a HUGE hint that the company is ready to unleash a series of contract updates.
With expected flurry of contracts to be released and key updates next week, investors do not want to miss this action and potential for MONSTER gains ? we will definitely be front and center again bringing you the updates and gains!.
Key points that make EKNL a solid long term play for MEGA gains:
1) No dilution or insiders selling any time soon and especially at these super low prices. In fact, this leads to our second key similarity
?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.?
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2) Share buyback in effect. Definitely the goal here is to move prices up to proper valuations and big boards like Nasdaq requirements. We also got confirmation with recent announcement selecting MaloneBailey LLP, Certified Public Accounting Firm for appointment as auditors of the Company.
3) Super Low float. With only 5.5 Million active float (shares available at the DTC for trading), EKNL?s share inventory is drying up super fast, and this is already triggering a MAJOR BULLISH BREAKOUT.
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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