Promoters Trying to Raise Pub Crawl Holdings, Inc. (OTC:PBCW) from the Dead
There are truly horrible pump jobs that stay with you a long time after they are dead and buried, especially if you also happened to lose a load of money on them. Sometimes, though, promoters decide that the past is the past and try their hand at necromancy, dragging those former fiascoes from the grave and touting them in broad daylight.
Pumpers Insane Stocks have taken up a charitable campaign to advertise Pub Crawl Holdings, Inc. (OTC:PBCW) against no compensation. The company happened to be the target of one of the ugliest pump jobs of the last quarter of 2012, with the outcome of the pump campaign visible on the charts. Back then PBCW was promoted by Preferred Penny Stocks, a much larger pumper outfit compensated half a million dollars. We covered the pump extensively as it unfolded over last December.
Now PBCW is making waves once more, seemingly stirring into life, driven by new press releases and the new promotions. PBCW announced its subsidiary Mobile Dynamic Marketing, which was part of the December touts, has launched its new website. Sadly the most recent financial report of PBCW is still their September one, listing the same dreary numbers that were in place during the December promotion:
- $2 thousand in cash, comprising total assets
- $303 in quarterly revenue
- $13 thousand in quarterly net loss
The company changed its fiscal year end and now the due report is a 10-K for the year ending December 31, 2012. Sadly, even though the 10-K was due April 1, it’s still not publicly available two weeks later, with a notification of late filing in its place, which doesn’t list a date on which the report is expected to arrive. Obviously, the time to run some pumps was just right and Insane Stocks seized the opportunity.
Anyone who isn’t getting goosebumps from PBCW‘s December failure can look at the performance of past picks of Insane Stocks who are now touting PBCW. One recent example is a February pump they ran on Global Entertainment Holdings, Inc. (PINK:GBHL) that crashed and burned.
It remains to be seen how the attempts to resurrect PBCW will go but with the stock price spending almost 3 months under a cent and brought to life only by underwhelming press releases and a lone promoter, the odds are not exactly stellar, especially having in mind what happened last time PBCW was promoted.
