started to climb yesterday and its volume rose up. Luckily, it’s easy to say what’s behind the story – promotions.The records show that just yesterday DFTC was promoted 12 times by a huge group of promoters and the total compensation for the campaign was worth $22.500. Despite the fact that promoters have been different websites, each promotion was paid by one and the same party – Affinity Advisors. Thanks to them, DFTC was included in 12 emails for the period 09 – 16 Feb, 2011, claimed to increase its market share. Apparently, the campaign was strong enough to pump up DFTC stock price, though it’s interesting whether the up move will climb higher.
Defentect Group, Inc., formerly Splinternet Holdings, Inc., is a developer and provider of rapid response software applications for the threat detection industry. The last news by the company dates from Jan 25, when DFTC reported it has begun the process of installing a threat detection system at Northeastern Medical Facility. However, despite the optimistic announcement, DFTC stock price didn’t rise up at that time. Obviously, promotions work much better, considering the current price jump.[BANNER]
Otherwise, the company’s financials don’t look much inspiring as its liabilities are approximately 7 times higher than the total assets and the stockholders’ deficiency is over $1 million. Apart from these facts, as of September 30, 2010 the accumulated deficit of DFTC has exceeded $10 million, not considering the net loss, which has been increasing.
Based on these results, Defentect Group is highly dependent upon “If” and “Unless” factors to get profitable and to continue its operation.
