Xumanii, Inc. f/k/a Medora Corp (OTCMKTS:XUII) Breaks High

Yesterday Xumanii, Inc. f/k/a Medora Corp (OTCMKTS:XUII) attacked the previous high again, and this time it managed to close above it.

The volume reached 18.6 million shares, most of which were traded in the last 45 minutes of the session. In the late afternoon rush the price went as high as $0.46, but couldn’t hold and in the end XUII closed up 10.78% at $0.44.

There didn’t seem to be any particular reason for the sudden surge, as the company has been silent since Jul. 16 when XUII announced it had merged into a subsidiary for the sole purpose of effecting a name change.

The press release stated that the company anticipated it would file the required documentation with FINRA over the following 48 hours. It’s been more than two days, and so far there is no filing, however, this isn’t likely to affect trading significantly.

While at $0.44 XUII is still far from the $1 target of Awesome Penny Stocks (APS) and the other newsletters operated by Degroupa Tenner Morales Media Corp., it is a light in the tunnel. On Jul 7, the pumper outfit promised it would retire if XUII didn’t go above $1 per share.

Still, for Xumanii to get that high, it may need to deliver something substantial on the business side. The next scheduled broadcast is supposed to happen on Jul. 30. It has been announced as a free event, so if any revenue is generated it should come from advertisement. So far the company hasn’t made any announcements about potential clients willing to pay.

Other than XUII, yesterday the most active list had very few paid pumps. One was the dying Arch Therapeutics Inc (OTCBB:ARTH) which lost another 18.18%. The other was Nuvilex Inc (OTCMKTS:NVLX) which gained 19.15% with some help from a low-budget pump.