Stock price of Wireless Age Communications, Inc. (PINK:WLSA) literally froze up. After two days of positive price changes, yesterday the stock closed at $0.03 per share, though its traded volume rose up.
Nevertheless, WLSA is anxious to get the climb again, pumped up by promotions and news.
The campaign started early this morning and cost $9,000 so far. Now it is interesting if it will be enough to make WLSA jump up again.
Apart from the stock alert, WLSA has just released a piece of news on its current activities. The news stated that the company’s subsidiary, Vertility Innovative Solutions Inc., has entered into a Joint Venture Agreement with Innovative Solutions Inc. to work together on a variety of energy efficiency initiatives.
The announcement was probably meant to additionally support WLSA stock price, though it’s all up to traders now.[BANNER]
Wireless Age Communications, Inc. operates as Vertility Technology Corporation and provides wireless telecommunications systems products and service solutions. As of September 30, 2011 the company’s total liabilities were much higher than its total assets, while at the same time the accumulated deficit remained approximately 19 million.
Despite these facts, the management of WLSA stated they were satisfied with their revenue, though it is not certain how they will cover the losses.