3D Eye Solutions, Inc. (OTCMKTS:TDEY) Fights for Cents Now
Across the weekend, 3D Eye Solutions, Inc. (OTCMKTS:TDEY) seems to feel comfortable in the one-cent zone. On Friday, TDEY added a further 15% to $0.015, on dollar volumes of $1.86 million. TDEY now has to prove if it can survive in that range.
TDEY is not idle, it is constantly trying to spread its services, and the latest news are about a foray into the Latin American market. TDEY announced it would offer a 3D channel to cable operators in Colombia, as well as the ClickTV system. But those talks are still preliminary, and we have little data to suspect how well TDEY would perform when it comes to the true spreading of its mobile and television applications.
According to the press release, Colombia was chosen for the high penetration of cable television services. Whether a lot of Colombians decide to watch 3D television is moot for now, as TDEY is still an underpriced selection, still under the shadow of a paid promotion, with the last email from October 21st.
Now TDEY faces a new week at a price that was not unseen, though it is unusually high. Investor forums show amazing optimism that TDEY may move back to the few cents range or higher. Opinions are extremely exuberant, awaiting big money to flow into TDEY, as well as new peaks.
TDEY is truly selling its 3D app on Amazon.com, at a price of $7.99, as users also receive a free pair of viewing glasses. So far, the app has received 14 positive reviews since the review and activation from the Amazon team on October 23rd.
Now, the only problem TDEY faces is that this 3D technology would be little more than transient novelty, with better standards replacing it. And of course, let’s not forget the one-star review, which notes that all the positive opinions are a piece of the promotional campaign for TDEY.
Another company that was too loud for its own good was TransGlobal Group, Inc. (OTCMKTS:TGGI). This ticker shot up on a limited promotion and PR, only to sink again to usual levels and high daily swings, when it became clear that most of the company’s potential was an overblown scam.
As for using Amazon.com for promotions, this was part of the game for The Alkaline Water Co., Inc. (OTCBB:WTER). The ticker hovers around 50 cents, as the dollar levels left behind were the direct effect of a wide and expensive promotion. Online sales were just a final attempt at impressing investors.
If you still believe TDEY can add more to its price, keep in mind that the stock has all the red flags that point to a deep correction.