Another newsletter issued by the dedicated promoter of Pervasip Corp. (PINK:PVSP) arrived in investors’ in-boxes yesterday before the opening bell.
The result was a volume of 2.3 million shares and a price surge of 25%. The generated volume was approximately two times higher than the daily average. PVSP shares hit $0.01 at the end of the session, which is also known as the upper border of the sub-penny area.
The promoter 007 Stock Chat, who has led the campaign on PVSP since April this year, disclosed a compensation of $2,500 but did not reveal who had provided the money for the campaign.
On the same day, PVSP announced that it had hired Mr. Barry MacCheyne as its Chief marketing officer. Mr. MacChaybe is said to have over 20 years of sales and marketing experience.
At $0.1, PVSP has faced a resistance which will have to be tested in the next sessions. The same level had acted as a support for the company’s stock a couple of days ago.
