QED Connect, Inc. (PINK:QEDN) stock broke its monotonous chart pattern yesterday on a record high volume. In fact, “pattern” is a too exaggerated word for the straight price line which cuts through the graph of QEDN stock.
The look of QEDN stock chart prior to yesterday reflects the evaporated interest in the stock and the total debacle of the share value, which happened in the beginning of 2010. The reason why QEDN broke the permafrost that had paralyzed the volume and the price of the company’s shares was nothing else but a paid promotion, covered earlier by Pinkinvesting.
It seems that the company didn’t sit idle and watch indifferently the started campaign. On the contrary, QEDN contributed to the pumping efforts by issuing a press release on the day the promotion started. The company announced the signing of a stock purchase and consulting agreement with Sonasoft Corporation (PINK:SSFT).[BANNER]
SSFT, however, is a company which is even more elusive than QEDN. It is marked with red stop sign on the OTC Markets and has no quotes at all. The only thing that is known for SSFT is that it is a company which provides software based solutions.
That being said, one can make his own conclusion about how prosperous the partnership between the two companies can be. Meanwhile, it is curious what will happen with the stock value after the effect of the promotion form New Stock Idea fades out.
