Mass Hysteria Entertainment Company, Inc. (OTC:MHYS) has been on the massive trade over the past days. The climb 
started on Monday and yesterday the stock added another 73.33% to its price.
Along with the price jump, traded volume of MHYS went over 32 million shares for the day. Will the uptrend continue?
This is something no one can be certain about, though the current up move has a reasonable explanation. Apparently, it started as a result of the latest news by Mass Hysteria that came up on March 6.
The announcement reported that MHYS has slot director Warren P. Sonoda for the action thriller “The Boiling Point”, which start date has been tentatively scheduled for late spring.
Looks like the press release inspired investors and sent MHYS towards the top of the chart. Nevertheless, since Tuesday no other news on the company has been released.[BANNER]
Mass Hysteria Entertainment Company, Inc. is a multi-media entertainment company focusing on feature films with an interactive component for the young adult market. In end-February, the company filed a notification of late filing in connection with its annual report. Thus, presently no one has a clue about the current financial condition of MHYS.
Meanwhile, recent filings show the authorized shares of MHYS will go from 300 million to 2 billion, with the change being prompted by the need for more shares to satisfy derivative liabilities and debt.
Additonally, MHYS hasn’t managed to find a source of recurring revenue so far, and has been in the sub-penny zone for a while now.
