Yesterday was just one of those sessions for HWGC. The day before, the company issued an optimistic press release after the close. The news was that NWGC had hired a mining engineer to evaluate the gold reserves.
Several hours after that, the pump mails started coming in. At least three separate promoters were touting HWGC. One was compensated $13 thousand by, Doji Capital, Inc, another – $10 thousand by an undisclosed third party, and the third – $25 thousand by ATG Inc. LLC.[BANNER]
NWGC opened up with a gap at $0.118, but that price lasted just minutes, and at the end of the day NWGC closed down 5.26% at $0.09.
It seems, the company hasn’t been able to impress investors with its performance so far. The positive effect of the reported profit for the first quarter didn’t last a month. Things may change if NWGC manages to operate without significantly diluting existing shareholders.