IWEB | IceWEB, Inc. | News Out Today


IWEB has not left our radar for the past several weeks. Still maintaining support above that key .03-level, we wanted to make sure to make it a point of focus this morning as the company announced the arrival of the next generation of IceWEB product. IceBOX v3.0 is an upgrade from version 2 in practically every way. It increases sharing functionality, virus scanning, and boasts a totally redesigned administrative portal, just to name a few of the improvements.

Click through to the full press release below for a complete rundown of the new device enhancements that will now be part of the IceBOX line.

We’re sure that with the addition of this new hardware to IceWEB’s repertoire, the clientele will continue to roll in, as has been the case throughout our coverage of IWEB.

Take a look at the following video explaining what we like about the IWEB chart conditions.

STERLING, Va., Aug 28, 2013 (BUSINESS WIRE) — IceWEB Storage Corporation – (OTCBB:IWEB) today announced the release and immediate availability of IceBOX v3.0.

Based on feedback from customers and partners around the globe, IceWEB has released the latest software version of its IceBOX product, IceBOX v3.0. The software release enhances the Enterprise File Sharing and Synchronization (EFSS) capabilities of IceBOX giving it the most advanced features in its class.

“This release incorporates the feedback and creative input we have been receiving from our IceBOX customers. We are very excited about the increased opportunities available to IceWEB as a result of this major release. Small, medium, and large enterprises all must deal with growing BYOD requirements and IceBOX 3.0, meets those advanced technical and way-of-working demands today,” said Gaurang Mehta, CTO of IceWEB. We will continue to forge the clear and trusted path in the Private Cloud and EFSS markets with IceBOX and other new, exciting solutions to assist our customers with the monumental task of managing their critical enterprise data.” >>> FULL RELEASE

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Ecologic Transportation, Inc. | EGCT & Extended Watchlist

Ecologic Transportation Inc. EGCT

We’d like to welcome all of our new subscribers today. Those of you who have been with us for awhile, know that we have covered EGCT consistently for a good long while now. We first added it to our radar back on July 16th, and have no plans to cease our coverage any time soon.

This stock has given us tons of opportunities along the way. When we first began covering EGCT, it was trading as low as .30, subsequently running as high as .48. Next it dipped to .22 before turning up and surging back to .46. Again the stock pulled back, this time to .21, before reversing once again and touching .40. This week, EGCT has maintained a higher level of support, not trading any lower than .35, which is now acting as the new support level. Below .35, we seem to have support sitting at .30, and .25 as well.

We have prepared a detailed annotated chart this morning to illustrate some of the key technical points of EGCT. Looking at the chart, you can see that the stock has traded in a tight channel, achieving higher highs and higher lows, and offering savvy traders the chance to take advantage of large percentage gains from the bounces it has seen. In the time of our coverage, there has been the opportunity to lock in over 260% in cumulative gains. We’ve identified the key levels of resistance to be .40 and .45, a move past which point could send us into blue sky breakout mode.

It has been quite the rollercoaster thus far, but we feel that the ride is a long way from over. In fact, it has yet to even truly begin. The impending acquisition of ACE Rent A Car is the main element in what we feel should be an exciting future for EGCT. Once the recently announced financing is secured for said acquisition, things should really get interesting.

If you didn’t catch the special report we put out on EGCT a couple of weeks back, we strongly encourage you to do so now:

EGCT Special Report

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