3D Eye Solutions, Inc. (OTCMKTS:TDEY) Manages to Stay Above One Cent

The past four weeks have been a turbulent time for 3D Eye Solutions, Inc. (OTCMKTS:TDEY). The ticker managed a strong green run with minor pullbacks that propelled the price to an intra-day high of over $0.02. The stock did not manage to sustain the fivefold price increase over just two weeks and cooled down to the one-cent level.

On Friday TDEY managed to log its only green session for last week and the red streak screeched to a halt, then the ticker closed 14% up at $0.012 per share. After Thursday’s hour-long session, share volume picked up to 39 million shares again.

TDEY moved up propelled by a series of press releases coming out in late October. The company kept popping up in press announcements in November as well, now as part of the so-called ‘Trifecta Initiative’. This is not a secret cell of the Illuminati but the name of a collaborative effort among TDEY, PBS Holdings, Inc. (OTCMKTS:PBHG) and Swordfish Financial, Inc. (OTCMKTS:SWRFD).

The full details of the project and final goal of the tripod venture are not made too clear in the release but the announcement clearly got some investors very excited. PBHG, simmering under $0.01 less than a month ago, shot up to over $0.11, with an intra-day high of $0.14. Correction was swift and PBHG has already retreated to $0.079 per share.

The same news release didn’t put brakes on TDEY‘s own slip. On the bright side of things, last month Mr. George Sharp, the penny stock crusader famous for his numerous lawsuits filed against various OTC companies alleging insider enrichment schemes, made peace with TDEY against whom he had also filed litigation. Mr. Sharp, an outspoken enemy of stock pumps, expressed his support for TDEY and his belief that the company’s new management will do everything in their power to prevent any pumping action targeting the company.