GreenCell, Inc. (OTC:GCLL) is traded publicly since July this year, yet during yesterday’s session the stock got for the first time any trading activity. That activity might explode today, however, since last night GCLL got also the chance to get introduced to the large traders’ community. 
The session yesterday closed at $0.45 after the first trading volume ever for GCLL resulted in a 43.75% decrease in the share price of the stock. At the end of the day, the total reported share volume was 95,653 traded shares. Last night, one promotional e-mail came into our newsletters database and it could well attract real attention to the stock in the coming trading session.
The e-mail contains general information about GreenCell, Inc. and points out that the company just went public and has a “phenomenal technology”. It is yet to see if the expected by the promoter big action will actually take place today. In any case, the promoter received $4,500 as compensation for the coverage, whereby the exact period for that coverage is not given.
About a week ago, GreenCell, Inc. also filed its quarter report for the three months ended June 30, 2011. According to it, GCLL is a development-stage company organized in December 2009 through a joint venture with SenCer, Inc. Now, the company intends to develop and market SenCer’s UltraTemp(TM) ceramic composite materials which find applications in various industries.
Yet, first of all GCLL will need to raise some cash in order to start any operations. It has as of end-June total assets for $23,000, $4,000 of which in cash, while its total liabilities are almost $204,000.
