Eco Science Solutions Inc(OTCMKTS:ESSI) has seen a spectacular rise in recent months from under $0.25 a share to recent highs of $4.80. During that time ESSI has transformed from illiquid to one of the top most traded stocks on the entire exchange.
An initial catalyst was the aggressive promotional campaign from Money Street calling ESSI “The Next Big Stock For 2016.” the campaign claims to have a “weekly advertising budget ranging from approximately $25,000 to $150,000 to cover the costs associated with creating, publishing and distribution of advertisements.”
Eco Science Solutions Inc(OTCMKTS:ESSI) bills itself as a technology-focused Company targeting the multi-billion dollar health and wellness industry. From enterprise software solutions, to consumer apps for daily use, the Company develops technical solutions that empower enthusiasts in their pursuit and enjoyment of building eco-friendly businesses and living healthy lifestyles.
Eco Science’s core services span localized communications between consumers and business operators, social networking with like-minded enthusiasts, rich educational content, e-commerce, and rapid delivery of products, all catering to the health-and-wellness lifestyle.
Earlier this year ESSI announced the launch of the Herbo Delivery pilot program in #herbolosangeles. On the heels of launching the locator and e-commerce platform for dispensaries, smoke shops and MMJ doctors, we wanted to get the word out that the Herbo team is in trial of our very own delivery services, powered by an Uber-like software platform.
“Continuing on our earlier announced launch, we are pleased to be rolling out the trial program for Herbo Delivery in Los Angeles,” stated Jeffery Taylor, Chief Executive of Eco Science Solutions, Inc. “Enthusiasts have been looking for easy, secure ways to coordinate delivery of their product … we see Herbo Delivery as the solution they seek. After we work out the kinks in Los Angeles, we’ll be announcing further market intros, one by one,” continued Mr. Taylor.
Back in March ESSI announced the launch of Fitrix, a powerful and flexible companion which helps you keep track of your day to day fitness routines, dietary habits and alternative medicine intake.
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Fitrix users can measure and track anything and everything when it comes to their Health and their Wellness. One can track the accomplishment of custom created goals, monitor dietary, exercise and alternative medication schedules, be notified of important milestones, establish timelines to develop effective habits … all leveraging a unique notebook and calendar.
Highlighted features include: bBMI Calculator, Fitness Radio, Fitness Community Messenger, Weight loss Calculator, Smart Notebook, to log Food, Dietary Supplementation and Alternative, Medication Intake, Smart Scheduling, to monitor Food, Dietary Supplementation and Alternative Medication Intake, Millions of Foods, Dietary Supplements and Alternative Medications to learn From.
“At Eco Science Solutions, we are committed in the development of eco-centric technologies that empower health-conscious enthusiasts to achieve success in managing their diet, supplementation and alternative medicines,” stated Jeffery Taylor, Chief Executive of Eco Science Solutions, Inc. “We believe — and medical studies prove — that the best way to live a long and healthy life is keep track of the foods we eat, exercise we do, supplements we add into our diet and alternative medicines we use. Diet fads, laying on the couch and pharma-drugs just don’t work, so we are doing something about it.”
On January 26 ESSI announced it has entered into an Equity Purchase Agreement, that at current pricing would net the Company greater than $30 Million for working capital and strategic acquisitions; Additionally, Company Management provided guidance on its 2017 Execution Framework
Proceeds from this equity financing will be used to fuel the growth of both the Consumer and Professional product lines, expansion of the Eco Science Solutions operational team, and strategic acquisition opportunities.
“2017 is setting-up to be a solid year for Eco Science Solutions and its shareholders, as our targeted sectors in the health, wellness and alternative medicine industry are on the cusp of main-stream revolution,” stated Jeff Taylor, Chief Executive Officer of Eco Science Solutions, Inc.
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Currently trading at a $133 million market valuation ESSI has no cash or revenues, rising short term debt and was recently slapped with the dreaded skull and crossbones designation from OTCMarkets. ESSI has seen a spectacular rise on the back of the Money Street promotional campaign which could be slowing down. We will be updating on ESSI when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with ESSI.
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Disclosure: we hold no position in ESSI either long or short and we have not been compensated for this article