After market close on Friday last week, White Smile Global, Inc. (OTC:WSML) presented in a corporate update its new intended line of business. Yesterday, the stock got also covered by a stock promoter for today’s session, thus WSML could have another intensive day of trading. 
WSML has had only three trading sessions under this symbol and the share price range has been between $0.75 and $1.54. The session on Friday closed at $1.12, a 2.61% decline from the previous day, and the trading volume was nearly 7 million shares. It looks like WSML is set to gain even more popularity today due to the combination of news and promotions coming out over the weekend.
On Friday afternoon, White Smile published a press release in which it announces the opening of a new Corporate Headquarters in Miami Beach Florida. Further, the company states that its mission now is to provide Oral Care and Teeth Whitening products, and that it owns and operates a brand named White SmileTM. According to the PR, the distribution of the products of this brand is to start in the fourth quarter of 2011.
While there is currently no SEC filing to confirm this information, there is a promotional campaign on WSML starting out today. A promoter has been paid $25,000 to cover WSML and his “FULL Special Report” on the company should reach traders’ in-boxes this morning.
White Smile Global, Inc. latest 10-Q says that just a few months ago the company was known as Shawcore Development Corp. – a development-stage enterprise that had no started business as of May 31, 2011 and which intended to design and construct eco-friendly self assembly housing and storage structures.
At that time, WSML had 107,500,000 issued and outstanding shares of common stock, but on July 6, 2011 a forward stock split was effected on the basis of 20 new shares of common stock for each one share of common stock. The current number of WSML outstanding shares is not known exactly, but it would put in any case an incredible market cap on the company that reported as of end-May 2011 total assets for $437, $4 in cash, and total liabilities of $27,726 due under a note payable.
