Clean Wind Energy Tower, Inc. (OTC:CWET) has been advertised by promoters since the start of the year but the stock did not get significant attention until the last couple of trading sessions. There is a new promotion for the coming session as well. 
CWET got during Monday trading session the highest share turnover for the past six months with 5 million traded shares. It closed at $0.18 for a share, which is a resistance level and is 51.26% higher than the previous close. Given the active promotions, the increased trading volumes could attract more traders today.
Last night another following e-mail on CWET came into our newsletters database, making the total amount of cash spent on promoting the company reach $70,000 for this month. Some of the previous promotions were also compensated with 300,000 restricted trading shares of CWET. The new promotion from yesterday has been paid by a non-affiliated third party, while the disclaimers of the previous alerts do not say who ordered them.
Clean Wind Energy Tower intends to engage in the development of alternative energy project, but it has not reported any significant progress yet. CWET does not have any significant cash reserves as well – its cash at hand at the end of last September amounted only $5,000 and its current debts exceeded $850,000.
Earlier this month, the company announced to have paid out in cash a convertible note in the amount of $45,000, but did not specify how exactly it managed to do that without issuing any shares to the lender.
