Explore Anywhere Holding Corp. (OTC:EAHC) stock price has been bouncing up on high trading volume between the 50- and the 200-day moving averages this week. Without any news from the company, the reason appears to be new promotional coverage, which is likely to move the price today as well. 
Yesterday, EAHC closed with a 9.04% increase in the share price at $0.228, while the trading volume was more than twice the average for the past three months with over 349,000 traded shares. Given the fact that EAHC has increased its trading activity and value due to new promotional efforts, it is doubtful if the share price would now leave the trading range and start appreciating.
In a press release on Tuesday this week, EAHC announced that its President has been featured in an interview by a business news Internet and paid-television program called “New To The Street.” According to the disclaimer of the latter, it is owned by FMW Media Works Corp. – a company engaged in advertising and profiling public companies in exchange for compensation in the form of restricted shares of common stock of the profiled companies.
Further, the disclaimer sates that in the case of EAHC FMW Media expects to receive 750,000 shares of restricted stock to produce advertising materials, and respectively to air the above mentioned interview. In addition to that, yesterday evening we received three promotional newsletters on EAHC for which the sending promoter declared a compensation of $15,000.
All points that EAHC could see more run-ups like those from the end of August, yet it should be reminded that the company has insubstantial cash and assets and much more debts, which makes a subsequent drop down of its stock price inevitable.
Worth mentioning is also that the 750,000 shares to be given to FMW Media as compensation are a huge amount of shares compared to the stock’s average trading volume of only around 138,500, and can thus have a strong negative effect on the value of EAHC shares if sold on the market.
