Sorry this is what i ment to post./Equity Technologies Commences Rally On Heavy Volume
Houston, TX - (OTCBB NEWS NETWORK) - April 5, 2002, Equity Technologies & Resources Inc., (ETCR: .09) is on the move in early trading adding over 50%. Volume has already exceeded its daily average. The company has not issued a press release or reported with the SEC to prompt the rally.
The company's annual report was expected last week but the company filed a NTN 10K. The report stated the company has not received all the necessary to file the report.
The last press release, December 13, announced its wholly-owned subsidiary Verified Prescription Safeguards, Inc., holds the provisional patent to technology that is the solution to the prescription drug diversion epidemic documented by CBS Network News program "48 Hours" Wednesday. This technology provides for real- time monitoring by state regulators of prescriptions for scheduled drugs written and filled.
At 10:37 EST, ETCR is moving higher by .03 (50%). 1,099, 000 shares have exchanged hands, exceeding its average daily volume of 978K.
Reportedly there are 35.12 million shares outstanding. For the quarter ending 09/30/01, revenue was 0.0K while net income was -2.71M.
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