Blue Gold Beverages Inc. (PINK:BGBV) was promoted on Monday and as a result BGBV got more trading activity this week. In addition, this week the stock price went up from $0.0081 to $0.015.
The campaign on Monday was represented by only one newsletter written by Penny Doctor who disclosed a compensation of $2,500 paid by a third party called AG Pacific Corp.
Apparently, after the successful market awareness attempt, promoters had decided to accentuate the campaign. In this regard, after the closing bell yesterday, the Hotstocked system detected several new newsletters dedicated to BGBV.
So far, five newsletters have been issued and the compensation for the campaign is $58,000. Most of the newsletters were sponsored by a third party called Wall Street Hustler as disclosed by the disclaimers of Stock Mister and Best of OTC.
It appears that the promotional campaign has been coordinated to increase the awareness of an event which was announced through a press release on the OTC markets yesterday.
The press release declared that BGBV had begun a new commercial grade Type 66 Nylon reclamation project in Greenwood, South Carolina.
The combined effect of the announcement and the press release will become visible in the forthcoming session. However, it should be pointed out that it is impossible to tell whether the sponsor of the campaign has his own interest in pumping the stock.
