Emo Capital Corp. (OTCBB:NUVI) Unable To Move
Although the pump for Emo Capital Corp. (OTCBB:NUVI) is still going strong with another wave of alert emails distributed yesterday, the company failed to move from the price of $0.09. Or it would be more accurate to say it successfully avoided crashing. For most of the session the stock was sitting at $0.08 and even dropped to $0.07 for a brief moment. It was just minutes before closing time when it managed to regain the lost ground.
This performance is far from encouraging for investors but, frankly, hardly anything about the company is. They finished the last quarter with ZERO assets and ZERO revenues, with the only thing they are accruing being net losses.
At least for now they are doing better than during the previous promotional campaign. Back then the ticker started crashing almost immediately and in just 3 sessions lost 66% of its value.
Despite the having minimal effects on the price per share the current pump, spearheaded by Stock Mister and the affiliates of Damn Good Penny Picks, is still able to attract quite a lot of attention to the company. Yesterday, for a second day in row, more than 2.3 million shares were traded. But that may be enough for the people holding 21 million shares, after a 7 for 1 forward split of course, bought for $0.001 each. Or the 14 million shares that NUVI sold to its director at an even cheaper price of $0.0001.
NUVI has also sprung into action after being silent for more than a year. The company has released four PR articles coinciding perfectly with the pumps. The latest news that came regarded a payment processing agreement with Authorize.net. Well, at least now people might be able to pay for the male enhancement pills offered by NUVI. More precisely, they would be offered if the company had a working site.
Yesterday wasn’t a good one for the stock of Xumanii, Inc (OTCMKTS:XUII), either. The long-lived pick of Awesome Penny Stocks clawed its way upwards adding nearly a quarter to its value but the recovery might end there – OTCMarkets issued the skull and crossbones mark to the company. Sanborn Resources Ltd. (OTCBB:SANB) Continued sliding downwards by another 10%. Earlier this month they were targeted by a pump disclosing budget of $3 million.
