Last week, KMA Global Solutions International, Inc. (PINK:KMAG) received a promotional coverage which resulted in a rise and fall of of KMAG share value.
The campaign was initiated by 007 Stock Chat on December 07. On the same day, KMAG stock jumped up 20% in value on a volume of 20 million shares. However, the gain was wiped out the next day when the stock crashed 33% down to the resistance at $0.002 on a volume of 16 million shares.
Nevertheless, it doesn’t seem that the promotional coverage of KMAG ended there. For, yesterday evening another bunch of newsletters dedicated to KMAG was spread around.
This time, a couple of promoters were involved in the campaign, namely Moving Pennies, Alpha Penny Stock, and Stock Mister. Thus, it turns out that there were two sponsors of the campaign:
- Micro-Cap Consultants is one of the third parties who had paid $5,000 to Alpha Penny Stock.
- The other third party is Cream Consulting who had paid $14,000 to Stock Mister.
The effect of the market awareness program will be visible in the forthcoming session because all of the newsletters were issued after the closing bell yesterday.