Ecoland International (ECIT) Stock Chart Analysis Video

Ecoland International Stock Chart Analysis Video

After a monster move from 10 cents to $1.35, ECIT has had a large retracement back to initial breakout points. Although the PPS has slipped just below the original resistance point, it is holding between the 50 and 200 dma’s and on watch to take-on some bullish pressure again.

Ecoland International, Inc., a Nevada corporation, D&R Technology Inc., a private corporation and the shareholders of D&R Technology Inc. entered into that certain share exchange agreement dated January 27, 2012. The Board of Directors of the Corporation approved the execution and consummation of the transaction under the Share Exchange Agreement on February 1, 2012. In accordance with the terms and provisions of the Share Exchange Agreement, the Corporation issued an aggregate of 59,000,000 shares of its restricted common stock to the D&R Shareholders in exchange for 100% of the total issued and outstanding shares of D&R Technology, thus making D&R Technology its wholly-owned subsidiary.

D & R Technology designs, manufactures, and markets industrial and consumer products. Through independent subsidiaries we provide state of the art automation technology solutions to enable customers to dramatically accelerate time-to-market and increase revenue.

D & R Technology Inc. is a recognized technology pioneer and market leader in the area of engineering, design and the manufacturing of automated tube processing solutions for the automotive industry. It is emerging as one of the world’s leading providers of automated manufacturing solutions, which are used by three of the top ten automotive part suppliers in the world.

Ecoland International (ECIT) Stock Quote and News:

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Ecoland International Stock Chart Analysis Video

Ecoland International (ECIT) Stock Quote and News:

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