not too many but eknl is sure making a good run of it :-)
Honestly, the move with this ticker has ben incredible , that can't be spun any different.
Truth about this messed up ticker can't be denied.
Bottom Line
How much the history of other DiBenedetto business ventures will play into the success or failure of this venture is yet to be determined, but history usually repeats itself in penny stocks. I'm sure that the FREMS device is probably an important device that could do a lot of good for some people with certain health issues.
EKNL has had a very nice run over the past month, but make no mistake, EKNL is being pumped using misleading statements and eventually the stock price will hit its peak (maybe already has) and it will come crashing back down. The FREMS distribution business has generated no verifiable revenues to date and with just a commitment for a future purchase the business is showing little promise for the future.
The float was very low for a stock trading at $.04/share at the start of the promo at between 8,079,427 and 13,079,427. Most of those shares were insider owned making EKNL an easy stock price to manipulate. Very soon though most of the 16,000,000 shares issued for the acquisition of the DiBenedetto family owned 2200525 Ontario Ltd will become free trading. November 1, 2012 will mark 1 year since those shares were issued. There is also no telling when EKNL will do one of their infamous moves of turning debt into extremely discounted free trading EKNL stock. Already as of June 30, 2012, debts had grown from $16 at the start of the year to $221,808 in just 6 months.
Make no mistake. EKNL is just another dirty penny stock having its share price manipulated up through false and misleading statements. At least this promotion has allowed many people to take profits. It is just a matter of time though before the balloon bursts. Don't be one of the ones left holding the bag.
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