After yesterday’s trading session, Perla Group International, Inc. (PINK:PERL) seems to have established a stable level of support. A new promotion could make PERL share price much volatile as it did back in end-January. 
PERL closed the last trading session at $0.012 with no change from the previous close. This time, the stock even got some trading volume – 200,000 traded shares for the day. Intraday chart shows that the entire trading volume took part in one single transaction.
Our newsletters database has detected one new promotional e-mail on PERL that will affect the market today. Compensation consisted of $15,000 in cash, but the paying party was not disclosed. As mysterious as this promotion looks, any difference in its overall result for the share price of the company should not be expected. PERL got previously promoted in the end of January, and after that it continued its downtrend.
Almost simultaneously with the sending of the promotional e-mails PERL published a business update. According to it, the company has reduced its outstanding shares from 485 million to 223 million. Further, PERL claims to have received two new armored vehicle contracts with a total value of $665,000.
A press release is not the most viable source of information, especially for a company bearing the Pink Limited Information status on the OTC. About a week ago, PERL published its “annual report” which contained only a balance sheet (showing $860,000 in total assets against $0 liabilities), and a profit & loss statement (showing a profit of $236,000 for the year).
Thus, it turns out that PERL is the only Pink Sheets company without a single dollar debt and a net profit which still needs paid promotions to get some attention to its stock.
