Yesterday Zentric, Inc. (PINK:ZNTR) issued a press release and the price fell. Today someone paid for a pump to try to remedy the situation.
After announcing it had secured the inventory needed to begin the construction of two 800KW solar power plants, ZNTR closed down 30.77% at $0.09 per share, on approximately 1.4 million shares.[BANNER]
ZNTR’s press release concerned the two projects in North Carolina, which would eventually be a revenue source for the company. Supposedly the solar power plants should be operational by the end of the year. The news did spark some excitement, but it only lasted about 10 minutes.
Today’s promotional campaign was paid for by Equities Awareness Group, LLC. The compensation for the pump efforts is $10 thousand, and the program is going to last two days.
The idea of potential revenue should be appealing for ZNTR shareholders. The company hasn’t been able to generate any revenue so far, and has been piling up losses. Keeping in mind the negative market response to the news, the promotional campaign is facing an uphill struggle, but it may provide an opportunity for some traders.
