Ecoland International Inc (OTC:ECIT) is just exploding today and has gained 118.5% from my first alert at $.54. ECIT has traded as high as $1.24 during today�s trading session and last traded at $1.18 for a gain of 42.17% from yesterday�s close. ECIT shares have traded as high as $1.30 over the past 52 weeks, which is a mere 9.2% off that high at last traded stock price.�Get my next ALERT 100% FREE
Ecoland International has been making vast strides to network its products and has even expressed interest in venturing into new market segments. The following are just a few recent contracts that Ecoland and subsidiaries have constructed over the past couple months.
On December 8, ECIT announced the receipt of a contract from Toyota Boshoku (OTN: TDBOF), a major tier one automotive parts supplier. The new project consists of a newly designed retrofit to the production systems producing parts for the 2012 Toyota Rav4.
On December 15, ECIT announced that PWO, a German based company, selected its solutions to design and construct a new processing line for “Air Suspension Tubes”. Equipment will be delivered to PWO Canada � Kitchener plant by the end of first quarter of 2012. “Reality that our company can contribute our expertise and experience in exemplary industrial market, is a news-worthy accomplishment. From an economic and from a technical standards perspective our solutions appeared as a preeminent choice for our new customer. Technologically, we are diversifying into the vehicle ‘safety and comfort’ market that has numerous opportunities for expansion,” stated Drasko Karanovic, President and CEO of D&R Technology (ECIT�s subsidiary).
Finally 0n January 26, ECIT announced another contract award from Johnson Controls Inc. Equipment that is covered with this contract will be producing seat components for the all-new compact luxury sports sedan, Cadillac ATS.
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