ECSI - Merger/Acquisition News To Hit The Wires Any Day Now

Some readers might remember HMDI from a month back. (If not click here)


The stock moved up 101,000% in one trading session.  How's that for a ROI?  ECSI could see a similar share price explosion, and the best part is we know the merger news is coming!


Wouldn't it have been great to have known the HMDI merger press release was coming out before everyone else? If you have read recent business news we are all realizing this is how the hedge funds, such as Galleon, have been making money all these years... by beating investors to the punch. Of course insider trading is illegal and the SEC is punishing those who profited from it, but in the case of ECSI we already know the merger is coming via a September press release, although it appears not too many other people do, and this gets us one big step ahead of everyone else.

Back in September ECSI released some news that garnered very little attention at the time(press release is below the post for your reading pleasure) about a pending merger.  The stock has since seen a few pops to $.02 or so before falling back to the sub $.005 range. All the trading action has been on very light volume. In essence this stock has completely missed investors radars. A merger press release for a dormant shell stock is an almost guaranteed big mover.  1,000% would not be a surprise at all after seeing how HMDI went 101,000%!   ECSI is to have completed this merger within the last few weeks, which means a press release is coming any day now.

That merger press release will almost certainly move ECSI substantially higher than its recent trading range.

Also consider that ECSI was trading at $1.70 as a shell and has slowly sold down to $.004 over the last few years on very light and sporadic volume.  Now ECSI will become a stock that represents an active and exciting entity, instead of a dormant shell stock, which should send the stock back up to the levels in which it came from.

With ECSI investors are getting a chance to play the HMDI type merger press release before the crowd.  These penny stocks can prove to be quite a gamble, but when you get some of the cards dealt to you in advance the odds can change in your favor.

Keep your eye on ECSI and new developments concerning the stock.  It should be a big mover in the coming days and weeks.









ECash Inc. Signs Letter of Intent to Acquire MetaHealth Inc. Assets
Las Vegas, NV, Sep 16, 2009 (PRWeb.com via COMTEX) -- ECash (ECSI.PK) today announced that they have signed a letter of intent with Metahealth Inc. to acquire the company's assets. The acquisition is the next step for ECash as they enter the health care supply industry. As the Baby Boomer generation begins reaching age 65 by or before 2011, the healthcare industry will increasingly demand greater amounts of medical equipment and health care supplies. ECash intends to invest in one of the most lucrative areas of health care as the country's largest demographic reaches old-age.
Metahealth, Inc. is a pharmaceutical development company whose mission is to develop, manufacture and market a wide range of generic prescription drug products for the health care market.
"The acquisition of Metahealth is a big step forward in our company's development," said Christian Diesveld, VP Business Development of ECash. "Metahealth is aptly positioned to benefit as brand name drugs lose their market exclusivity through patent expiration."
Metahealth is currently active in the following areas: central nervous system drugs such as anti-convulsants and anti-psychotics, topical dermatology drugs such as topical antibiotics, anti-fungals and anti-inflammatories, hormonal drugs such as steroidal treatments and a variety of other drugs.
Generic pharmaceuticals play a large role in health care systems as many governments encourage and require the use of generic substitutes in order to control costs.
Closing is anticipated within the next three to four weeks once management completes due diligence.
Contact:
Kevin Mercuri E Cash Inc. 212-901-6914 x701
Cautionary Statements Concerning Forward-Looking Information This press release contains forward-looking statements regarding the current expectations of ECSI. Such forward-looking statements are not guarantees of future performance or events and involve risks and uncertainties. Actual results may differ materially from those described in such forward-looking statements as a result of various factors. ECSI does not undertake any obligation to update the forward-looking statements contained herein, or to update the reasons why actual results could differ from those projected in the forward-looking statements.
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Read the full story at http://www.prweb.com/releases/2009/09/prweb2889004.htm.