Has Xumanii, Inc. f/k/a Medora Corp (OTCMKTS:XUII) Managed to Kill Awesome Penny Stocks?
Last week may have been a dreadful experience for Xumanii, Inc. f/k/a Medora Corp (OTCMKTS:XUII) shareholders. They saw their investments shrink to nearly nothing in a matter of days.
On Friday XUII sank another 20% closing at $0.099 per share. This brought the loss for the week to approximately 75%. The volume fell shy of 36 million shares.
The question which remains is whether XUII will really be the end of Awesome Penny Stocks (APS). APS is the flagship pumper newsletter of Degroupa Tenner Morales Media Corp, and it has been involved in numerous pump jobs. The list includes disasters like Swingplane Ventures, Inc. (OTCBB:SWVI) and Goff Corp (OTCMKTS:GOFF).
The main difference in the case of XUII is that on Jul. 8, APS and the other newsletters operated by the pumper outfit promised they would retire if “XUII doesn’t surpass $1.” At this point, after a full week of daily drops, it’s not hard to see XUII isn’t going to get anywhere near $1, let alone surpass it.
However, it’s not certain that APS are out of the game. They stopped sending tout emails 6 days ago, and the banner saying XUII is their pick has been removed from their website. Still, the site is functioning and there has been no email saying anything about their promise or any comment on what happened with the stock last week.
The company itself has been silent since Jul. 31. If anyone still thinks XUII is going anywhere good, it may not be a bad idea to quit trading or at the very least stop trading without consulting a professional.