PPS had a slight GAP UP on Friday of .0008, from .0057 to .0065 and closed RED at .006. Shorts were only 21.76% of total volume of 32,815,054 so that was not the problem. Somebody knew something is probably why it gapped up. Looking at tran history there was 1 Sell for 825,980 and another for 400K. I would suspect light dilution, but nothing bad. I am concerned that the News/PR Success Rate of 30.77% which is 4 Green Days vs. 5 Red Days Closes on
13 Trading Days w/News and 4 days 0 Change.
I agree with you that management has a problem, especially releasing news and prs that does not have viable substance. In fact they have only had 2 PRs
Saturday, October 25, 2014 Independence Energy Announces First Shipment of Non-Contact Infrared Thermometers
and
Wednesday, July 2, 2014 Independence Energy Announces Name Change, FDA Clearance And U.S. Launch Of Non-Contact Thermometer
Wanted to get into this one big time but since there news rating is not very good think I will wait and see. As everyone knows NEWS DRIVES THE OTC.
