It is CONFIRMED, shorts are scrambling now as anticipated. Over 200K EKNL shares have been requested from DTC that can not be delivered!
(prHWY.com) February 24, 2012 - New York, NY -- New York, NY, February 14, 2012 /PressReleasePing/ -- It is CONFIRMED, shorts are scrambling now as anticipated.
Over 200K EKNL shares have been requested from DTC that can not be delivered!
EKNL closed at $0.24, but this week we may see over $2.00 as the shorts failure to deliver will push prices sky high.
EKNL reported to have only 153K shares in CEDE, with over 200K requested out!
That's the actual number of shares available for trading! However, over 4 million shares were traded and sold short!
http://www.otcmarkets.com/stock/EKNL/news
Watch our Video on last weeks trading - very interesting!
http://www.youtube.com/watch?feature=player_embedded&v=Y2ZJMuIjNUk
Now shorts are in big trouble, they can't cover their 4M+ short position and they are stuck pushing up the price well beyond the predicted $2.00 mark
We have confirmed with our Market Maker contact that the shorts are required to deliver the 4 million shares short back to DTC, but they can not!.
Our Market Maker friend also confirmed that several shareholders have been requesting certificates amounting in excess of the available 153K in the DTC and have no way of delivering these certificates.
The only solution here is to significantly increase share prices to over $2 per share. Trading at only $0.24, investors can make out large here and take one back from the shorts.
EKO International (EKNL) also released an earth shaking press release confirming their acquisition of Oebin (
http://www.oebin.com)
News Release:
http://finance.yahoo.com/news/Joint-news-release-prnews-382649957.html?x=0
EKNL states that this year's sales will be in excess of $20 Million!
If you have not grabbed a piece of this monster, there's only days left before prices will push over $2.00 and stand to gain over 1,000%!
Contact :
Kenny Byers
Kenny Byers Alerts
347 5th Avenue
New York, NY 10016
(212) 213-1948
kennybyers37@hotmail.com
http://wickedstockalerts.info/
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