Boston, MA 03/13/2014 (wallstreetpr) – MyEcheck Inc (OTCMKTS:MYEC) is a provider of electronic payment services. The company is also known for its fully electronic check processing technology. MYEC has not been in perfect business position inasmuch as its technology is well regarded by many companies. Plans have been put in place to ensure that the MYEC becomes a fully SEC reporting company and also moves to a senior stock exchange platform. In the meantime, the company has announced Bruce Smith its VP of Finance, a position that will also make him the company controller. Shares of MyEcheck Inc (OTCMKTS:MYEC) were last seen trading at $0.037, down 4.64 percent. The shares were traded in a fairly large volume during which prices moved in the range of $0.03 and $0.04.
Elite Pharmaceuticals Inc (OTCBB:ELTP) had one of its largest shareholders selling the stock. In a transaction that occurred March 7, Epic Pharma LLC unloaded more than 1.8 million shares of the company at the average price of $0.77. In all, the transaction fetched approximately $1.4 million in proceeds. Epic Pharma had a stake of more than 10 percent in the company, thus the disclosure of the transaction was in accordance with SEC requirements. Shares of Elite Pharmaceuticals Inc (OTCBB:ELTP) were last seen at $0.55, down 7.56 percent Wednesday. The day was characterized with less than daily average share volume changing hands. The shares were changing hands as high as $0.60 and as low as $0.51 on the day. Over the past 12 months traders have been buying or selling the stock in the range of $0.06 to $0.97.
Creative Edge Nutrition Inc (OTCMKTS:FITX) whose shares fell 4.88 percent to $0.08 has made an acquisition disclosure, but the company won’t reveal the amount of money involved in the deal. The company said it acquired Hemp Technology. This business is a global holding with operations in the U.S., Canada and other countries it grows, processes and markets hemp for industrial processing and directly to the consumers. According Creative Edge Nutrition Inc (OTCMKTS:FITX) management, the acquisition brings the company closer to its goal of becoming licensed player in the medical marijuana business.
