Stock price of Communication Intelligence Corporation (OTC:CICI) has been stuck during the last few days. After a 5.96% 
gain last Thursday, it froze up at $0.08 per share, while traded volume started to increase.
Historical records show that CIC has been quiet from December, last year until yesterday when a piece of news on the company was released. The announcement reported the new partnership between that Ebix, Inc. and Communication Intelligence Corporation.
In addition, Ebix announced the impending integration of CIC’s SignatureOne(R) Cloud-based electronic signature service into EbixExchange’s AnnuityNet, AMP, LifeSpeed and SmartOffice platforms.
The news came up just in time to push up CIC stock price, though the company decided to use another strategy to get the climb. Namely, by promotions.
The campaign started yesterday and it is still on today as mega alert on the stock. Until now, the promoters have received $60,000 to pump up CIC and the result should be seen any minute.[BANNER]
CIC is a supplier of electronic signature products and the recognized leader in biometric signature verification. Over the past few months, there’s been an intensive trading activity with CICI shares of common stock in connection with a Purchase Agreement, though the company’s financial report remained rather discouraging.
As of Sep 30, 2011 total revenue of CIC has increased, though the operating loss was still higher. Besides, the company’s cash and cash equivalents got approximately 50% lower as compared to the previous quarter, while the liabilities rose up.
Presently, CIC intends to use the net proceeds from its Note and Warrant Purchase Agreement for working capital and general corporate purposes. Unfortunately, the notes bear interest at the rate of 10% per annum, while at the same time the net borrowings keep increasing.
