The unpopular BioCube, Inc. (PINK:BICB) stock is getting unseen trading volumes recently, which is more than strange given the company’s limited information status on the OTC markets and the lack of any news. Today, a promotional campaign will also try to make BICB a popular trading target. 
Yesterday BICB closed with a 10.29% increase at $0.075, but its trading volume amounted only 5,000 shares, representing a tremendous difference from Tuesday’s over 1 million traded shares. The $0.10 level could serve as resistance for the expected jump today that the promoters promised in their newsletters yesterday evening, and if it gets broken BICB could go over $0.13.
Promoters’ success was backed up by a compensation of $40,000, paid for a one-week campaign by a third party that is possibly a shareholder of the company, which automatically means that even if BICB explodes today the gain is unlikely to hold beyond the expiration of the promotion.
BioCube, Inc. has no press releases and its latest SEC filing from the beginning of the month informed the Commission that the 10-K for the year ended January 31, 2011 will be filed with a delay. The previous BICB filing is from January this year and it shows that two affiliated investors are beneficial owners of Warrants and Options to purchase respectively 1.57 million and 2.66 million of BICB shares at an exercise price of $0.001. One of the investors also holds $100,000 of the company’s convertible debentures that are convertible at the lesser of $.10 or 75% of the lowest closing price during the prior 15 trading days, but in no event less than $.005.
Otherwise, the company operates under its current name since December last year and according to the last available 10-Q it plans to design and manufacture generic and custom application electrical surge protection devices and a decontamination system utilizing an aerosol-based delivery method. No revenue has been reported since inception, the number of outstanding common shares as of end-October 2010 was 28.72 million. Total assets at that time were $443,000 and the total liabilities amounted for over $709,000.
