Promotional e-mails on Stevia Corp. (OTC:STEV) keep coming on a daily basis, the latest ones being sent yesterday evening to affect the trading today. Though, STEV has been falling down for two sessions in a row and there is no guarantee that there will be any positive effect from the new promotion. 
Yesterday, STEV lost another 3% and closed the market at $0.97 for a share. Trading volume was twice the average with 1.30 million traded shares during the session. On Friday, STEV could again not break the $1.05 resistance and fell down to $0.91. As mentioned, there has hardly been a day without any promotional mails on STEV and today would not be an exception.
After market close yesterday, the latest newsletters came into our database. They came from two different promoting websites which disclosed compensations of $7,500 and $4,000, paid by one and the same third party. As stated in the promoters’ disclaimers, the paying party is most probably holding STEV shares, and is possibly selling during the promotion which can explain the fact that the share price fails to break the resistance levels.
It is not like STEV has any fundamental base that would justify any further rise of its stock value, but at least there has been some news recently.
On November 1, the company signed an agreement with a Singapore-registered company named Growers Synergy Pte Ltd. (GSPL) under which GSPL will provide corporate advice related to various aspects of STEV farm management activities for a term of two years and a monthly compensation of $20,000. GSPL has agreed to purchase all non-stevia crops produced by STEV under the supervised farms.
On Thursday last week, it has also been announced that STEV had appointed Mr. Thomas Ong as Director of Operations, Asia. Mr. Ong is at the same time a director at GSPL, as well as a director at a fund investment and management company also registered in Singapore. These events could turn out very significant for the future development and funding of STEV business, but without the promotions it is questionable if the stock could hold the current value for longer.
