Ecrypt Technologies Inc (OTCBB:ECRY) is exploding on record breaking volume after Stocktips announced it as their new big pick. The stock opened up around $0.12 a share is currently the top traded stock on the entire bb market.
According to the disclaimer in Stocktips email AC expects to receive $5,100,000 ($5.1 million) as a marketing budget for production and distribution of ECRY marketing material from 3rd party Laluna Services, Inc.
Investors remember Stocktips announcing TGRO in December of last year before the stock exploded from well under $0.25 to over $1.50 per share.
Ecrypt Technologies Inc (OTCBB:ECRY) is at the forefront of data security, specializing in military-strength information security solutions for enterprise, government and military. Ecrypt empowers organizations with the freedom to communicate and collaborate without risk of liability, reputation damage, competitive threat and other negative outcomes. Ecrypt is the trusted first choice for those looking to keep their communications confidential.
Stocktips initial email on ECRY arrived in the evening on November 20 it stated ”Hey Kids. Statler here. You have been patient… Very patient indeed! It is now official… I am now revealing to you my NEWEST MONSTER PICK – eCrypt Technologies Inc (ECRY). ECRY could start to go bonkers pre-market tomorrow – so watch it VERY closely!
I have been looking now for months for a company that is in the cyber security space. I believe that the opportunity to fix the broken nature of online security is a massive opportunity but I could not find the right company until someone on my research team uncovered what I believe to be one of the biggest gems of a company I have seen in a long time – ECRY.
Cybercrime is a multi billion dollar a year problem. A recent article in London’s Telegraph pointed to a study by the Center for Accounting and Strategic International Studies. The report put the entire revenue generated from internet business to be about 2 to 3 trillion dollars. The report went on to suggest that cyber crime extracts between 15 to 20% of that. Think about the magnitude of the problem. We are talking about a problem worth around 445 billion dollars a year worldwide. Take a look a few recent examples”…and it goes on from there.
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On November 19 ECRY announced the addition of Cicada II to its Cicada line of data privacy technologies. According to Cicada Security Technology CEO, Ryk Edelstein, “the Cicada II extends the scope of the Cicada protective model to include coverage of Bluetooth enabled smart phone and tablet based devices”.
Cicada data privacy technologies are market driven solutions that effectively address common gaps which are unaddressed by authentication, encryption, and existing end point security technologies. Designed to enable security practitioners to attain comprehensive data privacy, Cicada data privacy technologies extend the protective coverage afforded by the office environment, to include the mobile workforce. The Cicada’s active protection model continually monitors authenticated phones, tablets, or laptop devices for evidence of attempted theft or tamper, and responsively interrupts access to system resources, and stored, cloud or network accessible data.
Edelstein commented: “Traditional technologies which focus on threat at the logical level, fall short in their ability to detect threat attributed to physical risk, such as theft or tamper. This vulnerability exposes whatever information, or service that is accessible by an active and authenticated device to become accessible, to an unauthorized party.”
Conclusion: ECRY is exploding on record breaking volume after Stocktips announced it as their new pick. Investors remember the spectacular success of their last pick TGRO which ran from under $0.25 to over $1.50 per share and are accumulation ECRY hoping it can match the success of TGRO.
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Currently trading at a $16 million market valuation ECRY is quickly becoming the top traded stocks on the entire bb’s. If the $5.1 million promotional budget is any indication of what’s to come ECRY is sure to be incredibly exciting over the next few weeks and deserves to be at the top of investors watch lists.
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Disclosure: we hold no position in ECRY either long or short and we have not been compensated for this article.