Stock price of BIO NITROGEN CORP (PINK:BION) is rather disappointing these days. On Friday, the stock lost another 2.78% BION_chart.pngfor the day, while its traded volume rose up. Though, it seems that BION is not ready to give up the fight yet.

The company decided to try two different options for pumping up its stock price. Namely, by fresh news and promotions.

Last Friday, BION reported that it has contracted Granherne, Inc, a wholly-owned subsidiary of KBR Inc, for the engineering development of the inaugural urea plant in Lubbock, Texas. It is anticipated that the project will take about twelve weeks in duration at a cost of approximately $380,000.

The positive news might certainly push up BION stock price, though it was not the only step towards the gain.

Yesterday, BION got promoted by Wall Street Stallions for a compensation of $15,000. Apparently, that was another effort by Bio Nitrogen to support its stock price, and the result should be seen shortly.[BANNER]

BION_logo.gifBio Nitrogen Corp. is an entrepreneurial, American company that has been established to design and to build fully operational, turnkey manufacturing facilities to produce urea. Unfortunately, the company’s financials look disappointing.

Its last report has been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business.

The management of BION claim they need additional capital to continue operations, however, their ability to obtain such capital cannot be guaranteed.