Since the beginning of February this year, Globalwise Investments, Inc. (OTC:GWIV) is desperately trying to get some attention from traders by issuing a number of press releases on its business. As the last trading session closed again without any meaningful trading activity, today the stock got also featured in a promotional alert for today’s session. 
GWIV latest closing price is $1.6667 for a share and no change from the previous close has been reported. The stock looks relatively expensive for a huge jump up to take place and so far the new session starts with a slight move up of the share price. Yesterday’s trading volume was about 6,800 traded shares, thus the promotional letter could at least have an impact on the liquidity.
In fact, it is the second e-mail that we receive, the first one coming in yesterday morning. This time, the promoter discloses a compensation, however. A third party has paid $2,000 for the advertising alert – a compensation too small to be taken into account.
Along with the promo alerts GWIV keeps issuing news press release these days. Yesterday’s announcement was again focused on the company’s wholly-owned subsidiary Intellinetics, Inc. but it didn’t say anything meaningful for investors. Intellinetics, Inc. intends to engage in the design and implementation of cloud-based Enterprise Content Management systems and previously a case study for one of its clients had also been announced.
Despite all the PR activity, GWIN keeps trading in a range, but looking at the market cap of $7.6 million, that could actually be good news. As of end-December 2011, the company reports $0 assets, $0 revenue, and $82,000 in liabilities. GWIV latest SEC filings from March disclose also that three directors of the company own considerable amounts of shares of common stock.
