Although Stakool, Inc. (OTC:STKO) had yesterday another session of high volume, its share price moved only slightly up. We have received promotional e-mails for STKO from yesterday, which theoretically might still have the chance to produce an effect on the stock in the coming session. STKO.png

STKO closed the market only with a 4.27% increase yesterday at $0.154, despite the new promotion that started Wednesday night. The trading volume reached 390,500 traded shares, which is among the highest trading activity for STKO in the last several months.

Along with the promotions, the company also issued a press release yesterday. According to it, the company’s subsidiary Anthus Life Corp. has now one more branded product to complement its Natural plus EnergyTM bars. Further, the PR claims the new product is called New Sun Cookies and already has existing sales and established distribution channels for over 25 years now.

Our database shows that three e-mails were sent yesterday, the compensation being $4,000 in cash and 200,000 restricted trading shares. No third party is involved in the promotion, meaning that STKO probably ordered it itself. Moreover, in a another press release from yesterday the company announced it will be covered in a research report from The Green Baron, who is also the sender of the promotional mail.Stakool.jpg

Apart from the promotional optimism about SKTO, the last 10-Q reveals a rather dire financial and operation state. At the end of September 2011, the company had only $76,300 in current assets and $290,000 in current liabilities, including two notes payable for $285,000.

The amount of the first note is $35,000, which amount plus accrued interest can be converted any time into stock at $0.005 per share, or at “some other price determined by the Board of Directors”. The second note is in the amount of $250,000, and its terms require a payment of $125,000 on December 9, 2011, and an additional $125,000 payment on February 10, 2012. STKO sales for last quarter barely exceeded $3,300, while its operating expenses were $71,000.