Superior Venture Corp. (OTC:SVEN) in Free Fall

In Monday trading Superior Venture Corp. (OTC:SVEN) slipped even further after idling at around $0.03 for several days. The stock dropped hard immediately after the open and kept slipping during the day, to come to a close of $0.01 per share.

Awesome Penny Stocks (APS), the big pumper daddy behind this one, cringed and left SVEN alone last weekend. The last promo email that came through was dated Dec. 9 and no wonder, since on the next day SVEN crashed 63% or 15 cents. As that didn’t exactly look like the “Christmas gift” APS called the stock, the pumpers went completely silent.

Without the support of the massive hype campaign, SVEN kept dropping in every session, their crowning achievement – another 61% drop yesterday. We covered the company extensively as the promo started, slowed down and eventually buried itself.

The company filed a new 10-Q several days ago but that only reflected a 50% slice of their total assets, from $9.5 thousand to $5 thousand. All those who believed a company with no revenues and practically no cash in store, labeled with a Buyer Beware sign on OTCMarkets, would go on to become a major movie production name shooting with Jackie Chan, just because an email in their inbox told them so, should probably simply suck it up, swallow their 97% loss and make sure not to buy on paid recommendations next time around.

Could SVEN go any lower? Potentially, yes – there’s plenty of room until the stock reaches double and triple zeroes and we have seen previous APS picks do it, Pristine Solutions, Inc. (PINK:PRTN) being one example. PRTN stock is currently trading at $0.005, after reaching about $0.50 at the peak of the pump.

Awesome Penny Stocks are at it again, obviously. Their latest pick is called World Moto, Inc. (OTC:FARE), formerly Net Profits Ten, Inc., until November 15. And once again the pump is on. Not too surprisingly, FARE is yet another enterprise which has $0.00 cash as per their latest financial report and has generated $0.00 revenues over the last two years.

Before you rush to get on the bandwagon and buy the so-called bargain price, make sure to check the performance of some other APS picks, SVEN included, then do your own due diligence on FARE.