Viaspace Inc. (OTC:VSPC) is going to be promoted today which is visible by the newsletter in or database.
The promoter who has initiated the promotion is The Green Baron. According to the newsletter details, the promoter had received $1,000 and 2 million restricted trading shares for the service.
The promotion comes at a suitable technical moment. The stock is close to one of its lowest supports for this year. At the same time, the MACD has been in a positive trend for some while.
Apparently, the speculators who had ordered the campaign had decided to add a helping hand in securing the bounce of the stock near the support.
However, it seems that most of the promotional campaigns on the company have been compensated with restricted shares which is by no way beneficial to VSPC share price.
On the last trading session, VSPC fell down 12% to $0.0073 on a volume of 163 thousand shares. That was a much lower volume than the daily average.
Nevertheless, the promotional campaign may bring more volume today, but it is not certain how this will affect the share value of Viaspace Inc.
