As Kalahari Greentech, Inc. (PINK:KHGT) stock chart would suggest, the last two weeks have brought a lot of “corporate updates” to the market. At the same time, a paid stock promoter is also working hard to improve the stock’s price and liquidity.KHGT.png

Another stock promotion for KHGT was disclosed yesterday and the promoter was the same one as of the middle of June. Compensation consists of $25,000, paid by a non-affiliate third party shareholder of the company. However, yesterday some of the promoting value got lost as the share price went 13.58% down and the market closed at $0.32. Although this time with a negative consequence, KHGT is still getting unusual traders attention and the volume was more than seven times the average for the stock.

Kalahari’s strategy to increase the popularity of its stock, which according to the current market price has an average dollar volume of $32,000, involves also a large number of press releases issued in the shortest period of time. For the past two weeks, six press releases informed investors about the recent developments of Kalahari, and as seen on the chart, that market awareness strategy has substantially raised KHGT trading activity.

The company has not filed any reports with the SEC since 2008 and due to that fact its registration with the commission was terminated in February this year. Along with the other information about Kalahari’s solar collector and its incredible features, a statement of the company’s cost and revenue estimates was provided in a press release last Monday.Kalahari.jpg

As already mentioned, this was also the day on which KHGT stock got actively traded. According to the press release, for the fiscal 2012 the company expects $18 million in sales from the solar collector and $14.4 million gross revenue. A report from Georgia Institute of Technology, where the promoted solar collector has been tested, seem to confirm that the collector is working, despite its certain “unusual” characteristics.

If the sales can grow from zero to $18 million in two years is another question. The only financial report from Kalahari Greentech is available at the OTC markets homepage and it says that the company has not had any revenues for the past three years, has no cash and the only asset is some undefined “intellectual property”, valued at nearly $4 million.