Wild Brush Energy, Inc. (PINK:WBRE) hit yesterday the second in row 52-week high, breaking the volume record from the previous session. For this excellent performance the company was rewarded with the Caveat Emptor label by the OTC Markets. 7WBRE.png

Regardless of that, WBRE received one more promotion before the market opened yesterday. The newsletter was compensated with $35,000, and it actually predicted the new yearly high that WBRE marked just a few minuted later, rising up to $0.12 for share. Unfortunately, the promoter did not warn what could follow after that – the session closed at $0.07, 22.22% lower than on Wednesday with a trading volume of 2.86 million shares.

Currently, just a day after our previous article on Wild Brush Energy, the company is now designated with the Caveat Emptor (Byuers Beware) status on the OTC Markets page. A “Questionable Promotion” is listed first among the reason for that label, followed by “Spam” and “Investigation of Fraud”. That did not add much of credibility to the two new press releases that came out from the company in the last two days.Wild_Brush_Energy.jpg

As a result of the new status of WBRE, the stock quotes will no longer be displayed on the OTC Market homepage, which is likely to bring the trading and the share price back to normal sooner than excepted.