Multi-Corp. Int’l, Inc. (OTCMKTS:MULI) Returns with Three Days of Promotion

Multi-Corp. Int’l, Inc. (OTCMKTS:MULI) was not seen for a while, while it unwound its promotional price from $1.30 to 30 cents. But the ticker has picked up since then, with a phenomenal day of more than 93% growth to $0.522, though on still cautious dollar volumes of about $322,000.

The sudden interest is easy to explain- promoters love MULI again. This time, it’s Stockpalooza.com, taking up MULI for an unknown compensation, perhaps even for free. The mail arriving just before market-opening this Friday, and the main support for the message was the strong Thursday gains. This is an instant red flag, as for this pink sheet, past performance is not an indicator of future movements.

Still, it’s almost sure that MULI would benefit from a promotion- though we don’t know for how many good days before the fallout.

MULI has not come in with new press releases since the summer, and we may expect an update, more as a supplement to the new promotion than a material change in the company’s business. The pink sheet still bears the “limited information” warning on its OTC profile page. It has not released earnings since 2012, only a 10-K inability to file in the spring of 2013. But even the old data are discouraging:

• Zero cash

• $476,411 current liabilities

• No revenues

• $19,742 net loss for the quarter ended September 2012

As it is easily seen, MULI is hardly onto an oil and gas fortune, and for now there is no sign that the company would attempt to become current with report.

InvestorTrendz and David Cohen called in even earlier, with emails on October 16th and 17th. Those mails are also for an unknown compensation, probably using the very low price, hoping to take MULI to one of its previous positions

MULI heats up at a moment when less and less oil and energy companies fall among the most traded penny stocks, their place taken by other hot sectors. It’s been a long time since every other company promised amazing oil properties and revenues.

Bullfrog Cold Corp., Inc. (OTCMKTS:BFGC) is a now-promoted gold mining company, which uses a similar model of appeal. Sadly, the promotion had a reverse effect, triggering sales and massive price losses.

And Tungsten, Corp. (OTCMKTS:TUNG) is having another round of promotions, though this would hardly stem the slide for the mining shares. TUNG has lost 50% of its value since August, and we have to wait and see if the new promotions turn the trend.

If you still want a chance with MULI at its lower prices, keep in mind that the louder the promotion, the steeper the fallout.