Another inspiring session for Takedown Entertainment Inc. (OTC:TKDN) has passed. A session of an all-time high, a session where shorters were also very busy. All seems very nice, until a bit more research is done. 
So, a session closing at $1.1, with more than 500k shares exchanging hands – an all-time high for the trading volume. A new business development director was announced, and this is what brought traders on the market at first sight. Yet, one piece of information is still missing from the picture – promoters.
Just as Takedown has been announcing deals and contracts every other day recently, in the same way promoters have been bombarding mailboxes. This week alone, at least 8 promotional newsletters have been sent, some of which costing $15-20k, which is not such a small number. Indeed, it is very likely that this vivid promotional activity has led to the trading hype in the last few days. One question that might come to mind – what happens to the stock, once the promo newsletters stop coming. After all, third parties paying have their own targets and return on investment to look for, which are not always the same as what regular shareholders look for. [BANNER]
Another point to mention – quarterly statements. Takedown is yet to release the 10-Q for the second quarter, which is already a lot late. Depending on figures in it, the positive trend might continue. There is, of course, the other possibility, which is not that appealing.
