EKNL is up over 700% in a week!
Update: EKNL made a highly explosive move up last year on the alert from Xtremepicks from well under a dime to highs over $0.80. Since then the stock has dropped significantly and is currently drifting under $0.20.
Although a minor portion of October sales resulted from attendance at the Canadian Federation of Podiatric Medicine Conference in London, Ontario on October 26th and 27th, 2012, the Company is optimistic that the interest demonstrated in its products by health professionals will result in increased monthly sales volumes for the balance of this quarter.
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EKO International Corp. (PINK: EKNL) has exploded in recent trading sessions from a start point of around $0.05 to a recent high of $0.35 The rapid climb of the stock on accelerated volume is the result of an aggressive stock promotion accompanied by an active pr campaign from the company.
According to their website EKO International Corp. has entered a joint venture agreement with NeuroVasc Medical Inc., the holder of the exclusive North American marketing rights to Frequency Rythmic Electric Modulation System (FREMSTM). NeuroVasc Clinical Inc. (NCI), the joint venture, is owned 51% by NeuroVasc Medical Inc. and 49% by EKO International Corp.
The business of NeuroVasc Clinical Inc. (NCI) is to promote and distribute FREMSTM (Frequency Rhythmic Electrical Modulation System) equipment supplied by Lorenz Neurovasc Inc. To set-up and/or manage clinics to treat patients using FREMSTM equipment and to set-up training and certification centers for technicians in the use of FREMSTM equipment. FREMSTM equipment is used in the treatment of Peripheral Neuropathy which is damage to nerves in extremities such as lower legs and feet causing an interruption in communication between the brain and parts of the body with damaged nerves.
Conclusion: EKNL made an incredible run over the past few weeks from lows of $0.05 to recent highs of $0.789 much of the stocks upside was caused by a promotion including alerts from several well known online newsletters.
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