Yesterday Media Sentiment, Inc. (PINK:MSEZ) announced its strategic plan and direction. It was also featured in a number of paid pump newsletters.
MSEZ issued another press release yesterday. The company has retained Mina Mar Group and Mina Mar Marketing Group. The announcements and pumps led to a significant surge in the morning, and although MSEZ didn’t close anywhere near the high, it still managed a hefty 25% increase on nearly 270 million shares.
The promoting company touting MSEZ disclosed it expected to be paid $20 thousand for its services. The name of the third party paying for the campaign wasn’t disclosed, but it is a shareholder of MSEZ.[BANNER]
The plan of MSEZ includes becoming recent with their filings which would be a step in the right direction, but there have been a lot of companies announcing such plans and not going through with them.
Just saying a company plans to become transparent often works for a while, especially when the company has hit rock bottom at $0.0001, which was the situation of MSEZ. One curious detail is that MSEZ actually surged on Apr. 18 before any announcement was publicly made.
Mina Mar is a name well-known to investors interested in the OTC market. Traders and potential investors will be well-advised to do their due diligence before making any decision.
