On Friday, Stevia Corp. (OTC:STEV) gapped up at market open, but could not break the $1.03 resistance set on Monday. Yesterday evening, a promotional campaign in favor of STEV has made its way to reach traders today and could affect the trading in the coming session. 
STEV closed the market at exactly $1 for a share on Friday. This being the second positive trading day, the closing price has increased another 3.09%, while the trading volume exceeded 574,000 traded shares. As mentioned, STEV has now only one resistance level and several support levels for the new session, thus the promotions may raise both the share price and the trading volume today.
According to our newsletters database, STEV has been covered by at least three stock promoting websites. One of the promoter received $9,000, the other $20,000 as compensation for the service. All the e-mails were paid by one and the same third party – the well-known Winning Media, which is probably holding shares of Stevia Corp. and plans to sell them on the market during the promotions.
There has been news last week as well, but it is likely that it has already had its effect on the share price of STEV. On Wednesday last week, Stevia announced that it had entered into a two-year development agreement with Agro Genesis Pte. Ltd. Under the agreement, STEV would be the exclusive distributor of Agro Genesis’ crop production technique called “g’farm system” which applies to the growing of Stevia.
There is no SEC filing to confirm that news at this point, and the PR does not mention what the concrete benefits for STEV would be.
