Nutranomics, Inc. f/k/a Buka Ventures, Inc. (OTCBB:NNRX) Sticks to Press Releases
Last Friday, Nutranomics, Inc. f/k/a Buka Ventures, Inc. (OTCBB:NNRX) lost another 7.32% closing at $0.38 per share. The volume was just over 1.2 million shares.
So far, press releases have failed to undo the damage from the pumper emails. However, NNRX seems determined to stick to issuing optimistic announcements.
After the close, the company came out with more news. This time NNRX decided that a nearing public release date for results of human patient clinical studies was worth a press release. Data compilation and analysis are expected to be ready within 3 weeks.
The first pump emails from the ECA Group newsletters, which caused the crash of NNRX, may turn out to be the last. It has been a week since the outfit, which was behind the pump jobs of Green Innovations Ltd (OTCBB:GNIN) and iTalk, Inc. (OTCBB:TALK), revealed it had been paid to tout NNRX.
Over the weekend we received an email about NNRX from Penny Omega, but it’s also unlikely to do anything good for the market performance of the stock. There’s no compensation mentioned, and this newsletter in particular hasn’t been a significant factor in a long time.
NNRX managed just five sessions in the green before crashing. The immediate negative market reaction to the involvement of the pumpers doesn’t bode well for any future pumps by ECA Group and its newsletters.