CAMBRIAN SYSTEMS INC (PINK:CAMS) has dropped down to its previous 52-week low which is deep into the triple zeros area.
In the last half of October, CAMS surged up to $0.0012 on a record high trading volume of nearly 80 million shares. That surge was provoked by a paid promotion and a press release concerning a letter of intent for the acquisition of 84 acre lease in Green County, Kentucky.
However, shortly after the surge, CMAS dropped back down to a support established at $0.0006. CAMS has been hovering around this level since the beginning of last week.
It is at this stage that the company will receive another promotional injection. In other words, new paid newsletters have been issued for the company.
Yesterday evening, two e-mails arrived from OTC Reporter and Smart penny Invest. Both of them were touting CAMS stock and it appears that the websites are operated by the same promotional group as the compensation details of the two letters match each other.
Specifically speaking, the promoters had received $20,000 for the advertising service. However, no information was provided about the sponsor of the campaign.
On Friday last week, CAMS announced that it would soon start the bail testing of the recently acquired 84 acre lease in Kentucky. So, with this announcement and the coming promotion, CAMS can expect more attention today.
