Several days before the official start of the “revenue generation stage” of Options Media Group Holdings, Inc. (PINK:OPMG) Drive SafeTM, the stock of the company closed with a decline. However, a new promotional campaign started yesterday evening and look well timed to raise the share price again. 
OPMG closed Friday session at $0.023 for a share, which represents a 2.13% decrease from the previous closing price. The trading volume was 1.33 million shares, thus pointing that the session has been a usual one for OPMG. Today may be quite different, however.
Yesterday, a new promotional e-mail came into our database. It recommends OPMG stock for its “tremendous upside potential”, which is to unveil any moment as the company issues more positive news. The disclaimer of the e-mail says that Options Media has hired the promoting company itself over a 3-month investor relations contract. Total compensation for the promoter is $25,000 in cash and 1 million restricted shares of OPMG common stock.
It looks like the promotions will coincide with some news that should come out tomorrow. In a press release from October 4, the company states that it would begin taking orders for its “revolutionary” Drive SafeTM on October 18 after a free base version was made available in July. As this is the lead product for which OPMG hopes to make the company profitable at some time, and as similar PRs have made the share price jump up in the past, it is likely that the promotion has some effect.
However, it is also to be pointed out that OPMG shares are currently worth one third of their value in July – the previous promotional period. Also, the company’s latest financial results are not that optimistic. The net loss for the six months ended June 30 was $12.6 million, and the working capital deficit exceeded $6 million, taking into account a warrant liability of $7.39 million. These warrants were issued mostly in connection with some financing activities of the company and if exercised they can result in over 257 million news shares of common stock – only one of the potential sources of dilution.
