Pacific Clean Water Technologies, Inc. f/k/a Unseen Solar, Inc. (OTCMKTS:PCWT) Resumes Trading with a Crash
On Friday, Pacific Clean Water Technologies, Inc. f/k/a Unseen Solar, Inc. (OTCMKTS:PCWT) resumed trading. As expected, the investments of people who were still holding PCWT shares were obliterated.
PCWT came off the SEC suspension trading on the grey market tier. PCWT closed at $0.009 per share – an 83.64% loss. The volume fell shy of 3 million shares.
In a way, that wasn’t as bad as the 94.79% crash of PacWest Equities, Inc. (OTCMKTS:PWEI) when it resumed trading after an SEC suspension. Both PWEI and PCWT were suspended after Awesome Penny Stocks (APS) tried to pump them.
As mentioned in my previous article, APS declared on their website that they were shutting down. Curiously enough, yesterday we received an email from PennyStocks.com, saying they would be releasing their new pick today.
PennyStocks.com is a pumper newsletter which we believe is in someway affiliated with APS for a couple of reasons. One is that they have been pumping the same stocks at the same time. And the emails sent by PennyStocks.com have been nearly verbatim copies of the APS emails, including the ones saying they would retire if Xumanii International Holdings Corp (OTCMKTS:XUII) didn’t go above $1. Needless to say, XUII never even got a close above $0.70.
It will be interesting to see what happens if the pumpers do come up with a new pick. APS was undoubtedly the big name in the outfit, and since PCWT seems to have killed APS, there may be some space left to fill on the pumper stage.