In our previous article about Kore Nutrition (OTC:KORE) we were wondering what will happen to its stock, which was brought up to promoters’ attention for the past few weeks.[BANNER]
Well, it looks like the outcome is rounding up and is probably not what promoters hoped for: while the volume spiked in the last few days, the actual change of the stock price since August, 30 is the negative 9% down. Yesterday, the sidewise trend continued.
As the company has no revenues for a second quarter already, the amount of money spent on its promotion is mind-blowing:
Another problem which investors face: even if KORE emerges profitable in the next quarter, will these profits be able to justify the 36 million market value?
