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Penny Stock Pick

by Rick

E-SOL International (OTC: ESIT) has placed $150 million in listings through 30 top real estate professionals through their RE/MAX deal. This is incredible and means the Company only needs 130 more to have the Monarch Cancun Resort fully listed.

As stated in their PR: “The remarkable interest in MONARCH Cancun confirms predictions by North American real estate industry leaders that E-SOL is on track for a sellout in record time of the 8,000 lots available at the project. E-SOL has an international listing with RE/MAX, The International Team, lead by Audree Mevellec. RE/MAX consists of over 124,000 representatives in 6,600 offices worldwide.”

Technically, E-SOL shares have been building a nice base between $7.50 and $8.20, and are trading right where they were when we released our profile. With sales of this beautiful destination resort community looking like they’ll be right around the corner, we doubt the condition will persist.

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Posted in General on July 11th, 2007

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