American Heritage International Inc. (OTCBB:AHII) Climbs Higher, Pump Expands
Out of the last ten sessions the stock of American Heritage International Inc. (OTCBB:AHII) has not closed in the red even once. The combination of e-cig hype and multy-million pump seems to be working and investors are pushing AHII up the chart.
Yesterday the company added another 3,5% to its value end closed the session at the highest point for the day at $1.48. Traders don’t seem to mind the relatively high share price and shifted the record for the company number of 836 thousand shares. As a result the dollar value for the day also reached the record $1.21 million.
- $13 thousand cash
- $33 thousand total current assets
- $76 thousand total current liabilities
- Zero revenues
- $45 thousand net loss
At the end of February the company was also featured in a research report issued by Global Research. This is a move often seen in pennyland and after checking the disclaimer we weren’t surprised to learn that Lionsgate Holdings, a shareholder of AHII, paid $5000 for the creation of the report.
Furthermore as of yesterday investors report that a hard mailer has also been put into circulation. According to its disclaimer the budget for the promotion has gone up and now stands at $1.9 million.
With the rise of Vapor, Corp. (OTCBB:VPCO) and VAPE HOLDINGS INC (OTCMKTS:VAPE) the e-cig industry is enjoying quite a bit of interest from the market. AHII have real products and should have started generating revenues but the pump for their stock demands the use of caution when dealing with them. The SEC is keeping its eye on pumped stocks and just last Friday suspended Petrotech Oil & Gas Inc (OTCMKTS:PTOG).