Sunpeaks Ventures, Inc. (OTC:SNPK) has recently put in a lot of effort in popularizing and distributing its multivitamin product. After the market close yesterday stock promoters sent also the next bunch of promotional e-mails on the company the effect of which should be felt on the market today. 
SNPK closed yesterday’s trading session with a 12.37% jump in the share price at $0.545, while trading activity seemed to fade away with around 20.5 million traded shares, or substantially lower than the preceding few trading sessions. SNPK share price has become again excessively volatile after it dropped below $0.3 per share on Friday last week.
Main factor for SNPK increase and high volatility seems to be the combination of news and promotions that are on place in the last several days. Countless new promos have entered our newsletters system last night as well, bringing the total amount of e-mail sent this month to 55. Compensation for the last campaign is given at $20,000.
SNPK last series of press releases relates to the distribution of the company’s specialized over-the-counter multivitamin product named Clotamin. According to the announcements, it will be distributed at Navarro Discount Pharmacies in South Florida, over Walgreens.com and at Sedano’s Supermarkets across South and Central Florida.
Interestingly, SNPK reports total assets of $10,000 and current liabilities of $214,000 as of end-December 2011. At the same time, the company’s market cap is now over $229 million according to OTC Markets, and SNPK has no current source of revenues.
