approximately 50% from its price, while its traded volume totaled over 62 million shares for the day.Obviously, investors have finally realized that there’s no gain in PYBX and started to dump their shares extremely fast.
At the same time, some stock alerts immediately classified the price as the “new low floater” and provoked the traders’ attention.
However, PlayBox still releases neither news on its business, nor any financial results. The last announcement on the company reported that PYBX has entered into an Attorney Letter Agreement with Pink OTC Markets Inc. According to the agreement, Pink OTC was entitled to determine whether PlayBox has made adequate current information publicly available. Though, nothing else followed after that.[BANNER]
Apparently, no one can tell more about the current activities of PlayBox, as its last financial report has been filed in 2009. Presently, there’s no news on the pink sheets company and its operations remain in mystery.
Keeping in mind the unstable market position of PYBX stock and the lack of information, the future of PlayBox may be considered as highly questionable.
