So far Stevia Corp. (OTC:STEV) has nothing else to offer but optimistic press releases and paid stock promotions. Yet, its stock still enjoys the attention of traders who provide for relatively high trading volumes and substantial moves of the share price. 
Yesterday’s session closed again at $0.73 for a share. There was no change in the share price from the previous day, but during the session STEV moved between $0.68 and $0.75, while the trading volume exceeded 978,000 shares, which is more than twice the average. As frequently reported, STEV has been the subject of many promotions this months, the effects of which are clearly seen on the stock chart.
In the middle of the month, the promotional wave raised STEV share price to $1.05, but shortly after that if fell below $0.60 – an expected outcome if the third parties who paid for all the promotions actually managed to sell out large amount of shares on the market. Our database shows that $78,500 have been spent on promoting STEV this month only, the latest newsletter coming on Wednesday and being compensated with $3,000.
Yesterday, the next in row piece of positive news came out from the company, as usually in the form of a press release. It announced a new Farm Management Agreement with Stevia Ventures Corporation (“SVC”) of Hanoi under which STEV would supply stevia seedlings and related products. It is not known how long it would take until all the agreements that STEV recently announced produce any tangible results, which is probably the reason for all the promotions that accompany the company’s announcements.
In the meantime, it looks like one more thing did not pass by unnoticed – the Notification of Late Filing concerning the quarter report for the three months ended September 2011. It was filed by the company on Monday this week.
