market and its volume jumped over the 8 million shares traded just for a day.The phenomenal gain struck at once and SIGO started the high trade. Obviously, investors have thought there was something worth their attention.
The only reasonable explanation on the astonishing high trade turned out to be the press release by the company, which came up just yesterday. The news reported that Sunset Group was beginning to sell its iPhone 4 solar wave charger.
According to the announcement, the new charger is a three-in-one product, which charges your cell phone, acts as a backup battery and a protective case at once.
As soon as the news was released, SIGO was pushed up towards the top at full speed that broke all the records.[BANNER]
Though, historical data shows that the company has not produced much information on its business activities. Apart from the latest news, SIGO has released a couple of announcements in May and nothing else can be found. Due to the positive news in May, the stock price rose up more than 50%, though it began to fall shortly.
And here comes out another interesting fact. According to the records, Sunset has not filed any financial reports with the SEC since 2008. In that case, what’s going on with the pink sheets company and how far could the current up move go?
At this point, these questions remain with no answers and light up a red signal for all investors.
