On Monday, we spoke about Aquasil International Inc (PINK:AQUS) and its promotion. It managed to get a decent gain on huge volume back then. After that, it crashed back and yesterday it was promoted again but to little effect.
AQUS was featured in Stock Egg’s Mid Day Alert, but it only managed to generate a 187 thousand volume and a 0.13% increase in price, closing at $0.0751, nearly 10 cents below the promotional high.[BANNER]
The promoter disclosed an $8 thousand compensation. It proclaims AQUS is a “leading producer, manufacture, and retailer of premium silver water worldwide.” Additionally, in a press release the company says it has had overwhelming success in the European markets.
Both of these claims don’t really click with the lack of revenues in the Q2 10-Q form. Besides, promoting twice in the same week may not work out well, however, it is possible there will be some interest in AQUS today.
At any rate, until the company has something more substantial than promotions and forward-looking statements, it may have a difficult time getting a higher price.
