7MZEI_chart.pngYesterday, Medizone International Inc (OTC:MZEI) received a promotional coverage by a stock promoter called Stock Guru. The promotion was started a couple of hours after the beginning of the session. However, the trading activity remained low.

At the end of the day, 200 thousand shares were turned over, which is less than the daily average. In addition, MZEI stock lost 4% of its value and its new share price is $0.21.

The promotion dedicated to MZEI had its cost. The disclaimer of the newsletter showed that Pentony Enterprises LLC, which stands behind the Stock Guru website, had received $7,200 and 550 thousand restricted common shares directly form the company for the service.

Since the promotion had little effect 5MZEI_logo.jpgon the stock, MZEI dropped back to the 50-MA which is the current support. The speculations in the next couple of sessions will revolve around the question whether the MZEI will keep the 50-MA as a support, or will turn it into a resistance.

Yesterday, MZEI announced that the introductory launch and subsequent product sales of its AJIC peer-reviewed disinfection and hospital infection control system was successful. However, even this news was not enough to haul the stock higher on the chart.