Widespread Campaign Lifts Multi Corp Int’l, Inc. (OTCMKTS:MULI) to Record Volumes

As of this moment, more than 2 million shares of Multi Corp Int’l, Inc. (OTCMKTS:MULI) are waiting for the golden opportunity to grow from their current levels of 63 cents to an expert’s prediction of $1.75. We still don’t know if this prediction has a basis in the real world, but the MULI stock may move in that direction due to an emailed promotional campaign, boosted by a series of press releases.

On Monday, MULI added more than 18% to 63 cents on a wide-reaching campaign including many paid or free emails.

The company allow limited information, and the last filings of this pink sheet are a year old. Back then, the company did not look reassuring, as it held:

• Zero cash

• $123,667 intangible assets, no other cash equivalents or liquidity

• $476,441 current liabilities

• Zero revenues

• $19,742 quarterly net loss

MULI shows the typical picture of an exploration stage energy company, which has little to show in real terms, but has already started accumulating losses and debt. Until now, this pink sheet was barely traded, its current market cap of over 47 million dollars is quite disproportionate to the real value of the company.

The climb in MULI‘s stock started a few months back, and coincides with PR activity touting the company’s business and drilling potential. Whether this potential would materialize is questionable, but the publicity led to a climb from around 10 cents in March to the current levels, all happening on low volumes. The period contained days of almost no trading, as well as corrections by more than 30% in a day. From now on, MULI may trade more actively, but still hold the danger of volatility.

The highest compensation for this promotion is for pumper SIRI.BIZ, which received $1.2 million, which predicts MULI will run strong for two or three weeks- no wonder, given that such a well-paid campaign could go on for a while, artificially making the prophecies come true.

SIRI.BIZ runs regular promotions with an average budget of $1.2 million, and has become more active in the past few months. Looking at the pumper’s past record may shed more light on the risks that MULI holds, especially when the emails stop. The previous pump, Zippy Bags, Inc. (OTCBB:ZPBB) shows the typical pattern. ZPPB rose sharply on the January emails, but in two months lost nearly 90% of its value, now trading on sluggish volumes. So while the pump for MULI may go on for a while, a drop is almost guaranteed.