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Micro-Caps on the Move; Echo Automotive Inc. (ECAU), Family Room Entertainment Corp. (FMYR), Nano Tech Entertainment Inc. (NTEK)

Shares of Echo Automotive Inc. (OTC: ECAU), a manufacturer of cost reduction technology (EchoDrive) for converting fleet vehicles into highly fuel-efficient plug-in hybrids, are soaring in trading today.

At last check, ECAU shares were trading 16.27% higher at $1.93 on above average volume of 3.71 million. The stock rose to an all-time high of $2.05 earlier today. ECAU shares have gained nearly 80% in the last three trading sessions.

ECAU shares have been gaining momentum after the company last week demonstrated its new fleet vehicle hybrid technology. The company also said last week that it will exhibit at industry leading NTEA Show.

Shares of Family Room Entertainment Corp. (PINK: FMYR), a company operating in the motion picture entertainment industry, are seeing a huge rally in trading today.

At last check, FMYR shares were trading 88% higher at $0.0940 on above average volume of 13.03 million. The stock hit an intra-day high of $0.15 before paring some of the gains. FMYR shares have gained nearly 1750% in the last three trading sessions.

Earlier this month, FMYR announced that entered into a strategic alliance with Institutional Investors Consulting Company (IICC). The company said that alliance will enable it to develop many new business opportunities. IICC will also assist FMYR in raising whatever additional capital it needs.

Shares of Nano Tech Entertainment Inc. (PINK: NTEK), a technology company with focus on entertainment industry worldwide, have surged in trading today.

At last check, NTEK shares were trading 100% higher at $0.0170 on above average volume of 36.75 million. The stock hit an intra-day high of $0.02. NTEK shares have gained nearly 177% in the last three trading sessions.

NETK shares have been gaining momentum after the company last week announced that it completed the first phase of a plan to buy back shares of its common stock.


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