eTotalSource, Inc. (fka ETLS)

[hazel1401]

Found this article from a while back. Does anyone know if this is still possible, of if it is just old talk.. Do the insiders still own a huge portion of shares??


Thursday’s trading session was remarkable for ETotalSource, Inc. (OTC:ETLS.PK) after some information leaked about the company being a possible reverse merger candidate. Given the recent accumulation by insiders that account for 34% of the companies authorized share structure and rumors about continued accumulation, ETotalSource, Inc. could be having something under its sleeve. The question most investors’ are asking is what is in the works for the company. With the companies CFO having experience in mergers and acquisition, this company could be preparing for a massive launch that would catch sideline investors off guard, giving them very little time to get their stake in the company.
Thursday’s trading session proved that the market makers have been short selling the companies stock and had a few shares if any to sell to investors impatiently putting in their bids. Monday’s trading session will be interesting when the stock opens with a gap up and new investors rush in to get their shares. Analysts predict a rally on Monday’s trading session for ETotalSource, Inc. (OTC:ETLS.PK) that will continue through the week forcing market makers into a short squeeze.



Read more: http://www.beaconequity.com/u-s-hot-stock-alert-could-etotalsource-otcetls-pk-be-the-next-reverse-merger-candidate-2010-04-02/#ixzz2DLAEuDyw