The strong volume accumulation of Crowne Ventures, Inc. (PINK:CRWV) is clearly seen on its stock chart, but as already reported it has been initiated mostly by an over $1 Million promotional campaign. The latest e-mails from the promoters came in yesterday evening, while the company also issued two new press releases to serve as “fresh news” today. 5CRWV.png

The last session closed at $0.124 for a share on a trading volume of over 49.4 million shares. The volume keeps growing constantly and it looks like the real effects of the promotions might be yet to unfold. At the same time, CRWV share price is also rising up, forming a bullish pattern with three consecutive gaps up in the last three trading sessions. Yesterday, CRWV closed another 11.71% higher than on Friday.

In the meantime, some new promoting e-mails have arrived in our newsletters database yesterday evening. One of the promoting companies discloses to have received a $30,000 compensation, and it expects to receive another $15,000. The other promoting website has been paid $1 Million to perform adverting services for a period of one month. Both of these e-mails have been paid by a third party, which is most probably a shareholder of CRWV who is waiting for a good point to sell out his shares.1Crowne_Ventures.jpg

Crowne Ventures seems to be also in strong cooperation with the promoting parties, issuing four new press releases in the last three business days. Yesterday, two PRs came out, one to dispel some $4 per share buyout rumors that have appeared on some investor message board, and one later in the afternoon to announce that CRWV has found possible gold deposits for $3 Billion on its Gallo de Oro property. It is yet to see if the share price could climb again up to the $0.50 level from the beginning of the month.