Yesterday was the 12th trading session in row in which the stock of Advanced Medical Isotope Corp. (OTC:ADMD) closed the day at $0.29 for a share. Unlike the preceding sessions, yesterday ADMD at least got some trading activity, probably due to the latest news and promotions. 
ADMD traded yesterday 12,300 shares in one single transaction, which could be considered a success given the zero trading volumes during the last two weeks. Even more, the stock price moved as well during the day. As seen on the intraday chart, it had basically three values: $0.27, then $0.22, then $0.29.
It is not directly evident what happened exactly on August 8, the day on which the trading of ADMD ceased. Four days before that, ADMD filed its 10-Q for the three months ended June 30, 2011, which is also the latest filing of the company. The report did not reveal any meaningful changes in the assets, debts or operational results from the three preceding quarters.
On the other hand, the reasons for yesterday’s sudden moves of the share price are known. A promotional e-mail has come into our database yesterday and it included ADMD and its just published new press release, together with several other companies. The disclaimer says that the sender has been compensated for the e-mail by the profiled company. Yet, the exact art or amount of the compensation was not given.
Yearly in the morning, AMDM announced that it has entered into a joint venture with Spivak Management Inc. and Mann Healthcare Partners Inc. to develop and execute the company’s business strategy. The agreement will be accompanied by the sale of some warrants to the two partners which will allow them to purchase over 20 Million common shares of ADMD at a price of $0.20 each. The press release contains the details, but no 8-K has been filed so far.
