Pacific Clean Water Technologies, Inc. f/k/a Unseen Solar, Inc. (OTCMKTS:PCWT) Hits New High

Yesterday, Pacific Clean Water Technologies, Inc. f/k/a Unseen Solar, Inc. (OTCMKTS:PCWT) hit a new high after announcing James L. Donahue had joined the company’s board of advisors.

PCWT moved up throughout the day reaching a high of $0.276. Ultimately it closed up 14.29% at $0.272 per share. Over 7.4 million shares changed hands, and while this wasn’t a new high it was significantly above the volumes in the last few days of the previous week.

The last time PCWT got two sessions in the green, it pulled back, which may have something to do with the suspension of the previous Awesome Penny Stocks (APS)/Victory Mark pump – PacWest Equities, Inc. (OTCMKTS:PWEI).

The aforementioned pumper outfits sent their new batch of tout emails claiming PCWT can make “a move to $1 in the coming weeks.” Such claims may not have any basis in reality. The pumpers are basing those suggestions on the premise that PCWT will get a huge contract with a big oil & gas company, and at this time there’s little to suggest such a development.

At the current price, the market capitalization of PCWT is nearly $82 million. At $1 it would be $300 million. Unlike previous APS pump jobs, PCWT is generating revenue, but with a cash position of $30,052 it has a lot to prove before it can support such a market cap.

That, however, doesn’t mean PCWT can’t move further up. With the exception of PWEI and one or two others, all previous APS pumps have had a significant run up, before crashing horribly. The thing which is true of absolutely all of their pumps is that ultimately they crash and end up trading more than 90% lower than their respective pump highs.