Despite being a rather minute company, Coastal Integrated Services, Inc. (PINK:COLV) got a paid promotion. It may get some attention for the illiquid stock.
COLV has been traded sporadically and has been silent for a long time. Yesterday, it closed down 21.88% at $0.025. The volume was high above the average and reached 353 thousand shares.
COLV is an energy company on the Pink Sheets. It acquired Revolution Products, Inc. and the consolidated report shows limited revenue. Still, it also shows net income, albeit a very small one.[BANNER]
A promoter has sent pump mails on COLV, and it has disclosed $4 thousand as a compensation for a different company. COLV is not mentioned in the disclaimer, but it is possible that the $2.5 compensation was for COLV.
The newsletter was sent after COLV issued a press release after the close. Revolution Products announced the appointment of Brigadier General (ret) Roger B. Burrows to its Advisory Board.
This apparently was “exciting beyond words”, according to Butch Conz, CEO of COLV. Whether anyone else finds it remotely interesting, remains to be seen.
