Game Face Gaming Inc. (OTC:IKCC) got a $50 thousand promotion back about a week ago. Over the weekend we received some new promotional emails which could affect trading today.
The previous promotional campaign managed to secure IKCC a session of active trading, high volume and a limited price increase. However, the price dropped back down the very next session, and on Friday IKCC closed flat at $0.30 with just 13.5 thousand shares traded.[BANNER]
Today’s promotion has at least two things going against it. One is that it’s a campaign for a stock that has been promoted barely a week ago, and the other is that this time the compensation is much cheaper – $3.5 thousand.
There is also the part that IKCC hasn’t released a PR to support the promotion, however, there is still time to do so before the market opens.
If the company does that, there is a chance the promotion could work out for the stock, but if it has only the promotion to boost performance it may not have the desired effect.