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  • Momentum Stocks in Play for April 13th 2010 ZVTK IWEB

    Written by: Dana Salvo

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    Zevotek, Inc. (OTCBB) ZVTK

    NEW YORK, Apr 13, 2010 Zevotek, Inc., (OTCBB:ZVTK) and (Frankfurt:T5V1), a worldwide direct marketer and distributor of innovative personal and home care items, today announced the Company hired a retail sales agency to promote and sell Zevotek’s Ionic Bulb to an exclusive list of major U.S. retail chain stores. Zevotek’s agreement with Leisure Time, Inc., a Union, New Jersey based company, calls for Leisure Time to present the Ionic Bulb to buyers at Walmart, CVS, Walgreens, Rite Aid and BJ’s Wholesale Club. Leisure Time is responsible for securing retailer’s orders to purchase Ionic Bulbs from Zevotek for sale in those chain’s U.S. stores and through their retail websites. Earlier this month, Zevotek and Leisure Time worked together on a presentation to CVS and, following the positive response received, Zevotek and Leisure Time agreed to a one-year renewable exclusive agreement.

    Technical Outlook

    ZVTK is coming out of a nice consolidation pattern this morning. Technically speaking ZVTK has built a nice base around the 50 day moving average. Traders and Investors are using this as a launching pad for a possible move higher. A weekly close above .006 should spark another round of momentum buying in the stock. ZDTK is up 25% on 80 million shares traded in the morning session.

    IceWEB, Inc. (OTCBB) IWEB

    STERLING, Va., April 13, 2010 IceWEB, Inc.(TM) (OTC Bulletin Board: IWEB), www.IceWEB.com, a leading provider of unified storage systems and building blocks for cloud storage networks, announced today that the Company has received multiple new customer orders from three new State and Local Government agencies. All of the awards are from first time customers and will ship in the current quarter.

    Technical Outlook:

    IWEB The Stock Wizards.net was proud to profile IWEB on its Weekly Top 10 on March 8th Traders and Investors were able to get in when it was trading below .20.  Click here: http: http://bit.ly/i_web. The Stock Wizards.net is waiting for a pullback to the 10 day moving average for some kind of support. When this occur’s and holds this moving average successfully we will initiate another buy signal for our subscribers. IWEB is currently a 10% on 975 million shares traded in the morning session.

    April 13, 2010 @ 1:57 pm Trackback URL Posted in Hot Stocks and tagged with , , , , , , , , , , , , , , , , , , .