Paradigm Oil and Gas, Inc. (OTC:PDGO) has been moving down since last week. Yesterday, the fall continued and the stock 
lost the next 4.55% of its price. However, it looks like now PDGO is ready to break up the loss.
Apparently, Paradigm relies on promotions to push up its stock price as yesterday the campaign started. According to the records, PDGO was heavily promoted by a number of websites, which pointed out that the stock was ready to jump up.
Some of the alerts cost $30.000 to Resultz Media Group Inc., while the rest of the paying parties haven’t been revealed. In any case, obviously Paradigm gets ready for the climb and the result is just about to be seen.
Paradigm Oil & Gas Inc. identifies and acquires energy properties with previously discovered known oil and gas reserves that have either not been fully produced from, or are fully developed and defined. Previously, the company has used promotions to support its stock price, though the up move didn’t last long.
Historical data shows that Paradigm has not released any news on its business since April and currently no one is familiar with its operations. The last publication by PDGO was its financial report, which was filed with a delay.[BANNER]
According to the 10-K, the company has not generated any revenues from any of its operations from inception till December 31, 2010. At the same time, Paradigm has incurred a net loss that exceeded $2 million, used its common stock and entered into convertible loan agreements to raise capital for its expenses. However, the company was not able to cover its cash requirements and kept searching for additional capital.
The management claims that the operating losses are likely to continue through fiscal 2011 and these raise substantial doubt about the company’s ability to continue as a going concern. In other words, if Paradigm cannot ensure additional funds for its operations, its continuation will be quite doubtful.
