Pacific Clean Water Technologies, Inc. f/k/a Unseen Solar, Inc. (OTCMKTS:PCWT) Ends in Disaster
In my previous articles on Pacific Clean Water Technologies, Inc. f/k/a Unseen Solar, Inc. (OTCMKTS:PCWT) I tried to warn our readers that it will crash hard, and that could happen at any time; it turned out that time was yesterday.
PCWT delivered a nightmarish performance for anyone who was long, or simply hadn’t managed to get out. The first half hour of trading PCWT looked ok, but then in about an hour it lost about 50% and ultimately closed down 60.96% at $0.101 per share, recording its second highest volume – 36.5 million shares.
The events of the last session show quite clearly the merits (or lack thereof) of the claim that PCWT followed a “pattern” of moving up after each press release. Prior to the crash PCWT had issued yet another announcement about potential business developments.
Awesome Penny Stocks (APS) were the ones who made the claim. They used to send two emails every session. Yesterday they sent none. However, the banner about PCWT is still up on the pumper’s website. Victory Mark’s newsletters haven’t sent any emails since yesterday morning.
One could think PCWT maybe the final nail in the coffin of APS, but that is not necessarily the case. APS didn’t keep their promise to retire if they fail to pump Xumanii International Holdings Corp (OTCMKTS:XUII) to $1. They also didn’t quit after the suspension of PacWest Equities, Inc. (OTCMKTS:PWEI). Keeping that in mind, it won’t be a big surprise if they have another go at some other pump scheme in the near future.