Resource Ventures (OTCMKTS:REVI) Gets Pumped Again

[[tagnumber 0]][[tagnumber 1]]Resource Ventures (OTCMKTS:REVI) has been sliding down the charts for quite some time. The ticker has been no stranger to paid promotions either. In fact, the last time we wrote about [[tagnumber 2]]REVI [[tagnumber 3]]was back in October 2014 when it was pumped again.[[tagnumber 4]] [[tagnumber 0]] [[tagnumber 4]] [[tagnumber 0]]The company itself has nothing much to offer. The market cap is around $6 million and the financial state of [[tagnumber 2]]REVI[[tagnumber 3]] is far from rosy. Here is just an example of some of the numbers contained in their report for the first quarter of the year.[[tagnumber 4]] [[tagnumber 0]] [[tagnumber 4]] [[tagnumber 13]] [[tagnumber 14]]cash: $35 thousand[[tagnumber 15]] [[tagnumber 14]]current assets: $581 thousand[[tagnumber 15]] [[tagnumber 14]]total liabilities: $588 thousand[[tagnumber 15]] [[tagnumber 14]]revenues: $719 thousand[[tagnumber 15]] [[tagnumber 14]]net loss: $7 thousand[[tagnumber 15]] [[tagnumber 24]] [[tagnumber 0]] [[tagnumber 4]] [[tagnumber 0]]There is also a lack of news coming from company HQ. the latest press release was from the final days from April and was concerning a book printing agreement with David Darnell Brown a/k/a Young Buck, a member of G–Unit and President of Ca$hville Records. The press release was posted twice, two days apart, and failed to do anything for [[tagnumber 2]]REVI’s[[tagnumber 3]] price.[[tagnumber 4]] [[tagnumber 0]] [[tagnumber 4]] [[tagnumber 0]]So, as it was obvious, PR wasn’t going to cut it. It came time for another pump. After the company was pumped back in February and the only outcome was increased volume as [[tagnumber 2]]REVI[[tagnumber 3]] kept sliding we saw a lack of promotional activities in the past few months and the daily trading was slow.[[tagnumber 4]] [[tagnumber 0]] [[tagnumber 4]] [[tagnumber 0]]The promotional emails started coming in Sunday and continued to flow in our inbox yesterday as well. They led [[tagnumber 2]]REVI[[tagnumber 3]] to a 26.92% leap in the first session for the week and the ticker closed at $0.0033 after 33 million shares changed hands and generated $115 thousand in daily dollar volume.[[tagnumber 4]] [[tagnumber 0]] [[tagnumber 4]] [[tagnumber 0]]The paid promotion is still ongoing and we see [[tagnumber 2]]REVI[[tagnumber 3]] is 6.06% up in the charts since today’s market open. Considering the lack of news, the poor financials and the fact that the movement is based on nothing but a paid pump we find [[tagnumber 2]]REVI[[tagnumber 3]] to be a highly risky choice. Approach at your own risk.[[tagnumber 4]]