NEW YORK, NY--(Sep 18, 2012) - Element Trading Technologies Inc., a company which trains market traders to successfully trade stocks with the company's proprietary trading account, has completed a reverse merger into United Treatment Centers Inc. (PINKSHEETS: UTRM). Element Trading Technologies will be filing with FINRA for a company name change and new trading symbol.
Element Trading Technologies recruits and trains stock traders to day trade the company's proprietary trading account under a tightly-controlled risk-managed basis. Providing a win-win opportunity to build income, Element Trading shares in the trading profits of its traders. Traders pay monthly software and a proprietary program membership fee and are allocated day trading buying power based on their daily equity balance. Traders are paid a percentage of their net profits on a monthly basis as they develop their trading expertise.
Element Trading Technologies will be marketing its services through a number of channels. The digital ad campaign will have the company prominently displayed on prominent financial web sites. The cable television ad campaign is planned for select markets throughout the United States on CNBC, Fox Business News, and Bloomberg News. The ad campaign will drive traffic to Element Trading's free "Analyst Room" where the company will promote on line webinars that will educate the audience to the company's services and advantages.
Charles Vaccaro, CEO of Element Trading Technologies, said, "We are very excited to have effected this transaction that offers long time UTRM shareholders the opportunity to be a part of a company with an active business while new investors can participate in a new public investment in a niche growth sector. The scalability of investment online continuing education is what makes our business plan attractive -- a business plan we have experience with."
Mr. Vaccaro continued, "We have a great deal of experience in building a company training stock traders on how to trade profitably and building an income stream for themselves and their families. The business is out there and our marketing plan is already in place."
Dan Noor, Chief Operating Officer, said, "We welcome all UTRM shareholders to our vision of rapidly building a recurring revenue base as we train our customers to build their own business by trading large cap stocks with stringent risk management. We look forward to updating our shareholders as we build the critical mass for profitability and the momentum for income growth."
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About Element Trading Technologies Inc. (www.elementtrading.com)
Element Trading Technologies foresees the global growth in individuals seeking to trade for themselves and believes it can position itself to become a leader the in the active trader business. With the advancements in digital communication throughout the world the company's market is unrestricted. China, India, and Russia are among the fastest growing markets for individuals seeking to become active day traders. The management of the company has the experience necessary to effectively market to this growing audience.
Element Trading Technologies offers its services on-line. Active traders from around the globe can register for free access to our "Analyst Room" where they will hear daily market commentary including stocks in the news, and analysis on major market indices. Participants can chat with the company analysts and gain insight from professional traders throughout the trading day. The company's Analyst Room serves as a breeding ground for future members of the company's proprietary trading program. Members of the company's proprietary trading program subscribe to the company's direct access trading software for a monthly fee, in addition to paying a monthly proprietary trading program membership fee. The company provides its traders with day trading buying power co mmensurate with the traders daily equity balance. Element Trading has developed proprietary risk management software enabling the company to monitor each trader in real time for total exposure, maximum daily loss parameters and equity balances. This software eliminates runaway trades and maintains traders' profits from a high water mark draw down.
"Safe Harbor Statement" under the Private Securities Litigation Reform Act of 1995. This press release contains forward-looking statements that involve risks and uncertainties. The statements in the Release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements.
ELEMENT TRADING TECHNOLOGIES
ELEMENT TRADING TECHNOLOGIES
SOURCE: United Treatment Centers, Inc.