Kyzen Corporation (PINK:KYZN) is a company which develops environmentally safe cleaning products. The company’s stock isn’t very liquid, as the chart shows.
This may be partly due to the policy of KYZN towards their stock. The company doesn’t file reports with the SEC and doesn’t use an alternative reporting standard.
Since KYZN has chosen not to provide financial information publicly, it bears the “stop” sign on OTC Markets.[BANNER]
People on message boards are guessing yesterday’s high volume was due to the company’s ESOP (Employee Stock Ownership Plan).
Given the information policy of KYZN, it’s not surprising how illiquid the stock is. It is not even clear whether yesterday’s trading activity was really a part of the ESOP.
This doesn’t mean the company isn’t doing well, but focusing so strongly on the business side with little regard for the stock market may hurt shareholders.
