After being on the progressive move over the past week, For The Earth Corp. (PINK:FTEG) broke up the climb at once. 
Yesterday, the stock lost 12.50% of its price, while trading over 2 million shares on the market. Though, FTEG doesn’t seem satisfied with the sudden price change and made another move towards the climb.
Just yesterday, the company reported that it has obtained the commitment from another retailer to begin stocking and selling another one of For The Earth’s flagship products next year, which should result in significant revenues. However, the good news was not everything that FTEG has done to get the up move.
Determined to get back on track as soon as possible, along with the optimistic announcement, FTEG started a promotional campaign. The stock alerts are still on today, featured by a few promoters for a compensation of $45.000 by now.[BANNER]
The result is still to be seen, however, there is another issue worth mentioning here. Despite all inspiring news accompanied by promotions, Google Finance has categorized FTEG as an inactive company. Although the reason for being placed in this category remains unknown at this point, it certainly should be a red signal for investors.
Even more so when considering the latest 10-Q of FTEG which doesn’t look promising at all. On the contrary, as of June 30 the company’s sales notably decreased, while its expenses jumped up. The management expects that funding its plans this year may require up to $5 million of additional capital, though the company has no sufficient funds to satisfy its needs.
Thus, FTEG is seeking financing to implement its operations, while being inactive on Google.
