From "Aim High Profits News"
Market Cap: 769.60K
Close: 0.0154, up 0.0119 (340.00%)
Volume: 29,814,284
Dollar Volume: $300,871
High: 0.0169
Low: 0.0025
Trades: 666
Average Trade Size: 44,766
Authorized: 200,000,000
Issued and Outstanding: 49,975,000
After over $17 million in volume pumped into the MR fake-out stock alerts on Wednesday, traders were more cautious stepping into Raystream Inc. (RAYS) on Thursday. Volume surged to its highest level ever on the year-old pump and dump that had once peaked out at $2.51 before falling of the cliff. Averaging $450 per trade versus 10X that on the 1:30PM scheduled alerts from VM on Solo International Inc. (SLIO), RAYS stock’s executed trades from Thursday, 666, could be a premonition of just how evil the MR group can be based on their previous track record.
Whether a trader is in at, above or below the average trade calculation from yesterday, the video below is likely to be the reaction most bandwagon riders are going to reenact at some point today just like they did one year ago on this #2Flusher and yesterday on SLIO stock.
The good news about Raystream is that they are an SEC filer and the share structure is small enough to support a large scale momentum run, especially since the failed promo from this time last year had bag holders owning shares of RAYS stock at well over $1. (see chart here) As per the recent 10-Q for the period ended July 31, 2012, cash was non-existent, as were revenues since its incorporation, even though Unlimited Trade, an existing stockholder, agreed to provide financing to match the first after JMJ Financial entered into various financing documents of up to $1.58 million of 5% convertible promissory notes in March. (see here) As of July 31, 2012, $500,000 was received.
The bad news, other than this being a MR alert, is that Asher Enterprises is all over this. On April 26, 2012 and again on May 4, 2012, the Company entered into a convertible note payable in the amount of $68,000 and $53,000, respectively, with Asher Enterprises. The notes have maturity dates of January 11, 2013 and March 4, 2013, respectively, both carrying an interest rate which accrues at 8% per annum. Further to Asher’s diluted connection, On July 30, 2012, Raystream entered into a convertible note payable in the amount of $45,000 with Lotus Capital Investment, the maturity date being July 30, 2013, with interest accruing at 6% per annum.
Now, for those of you who have been tricked on these MR penny stock alerts and their APS fakeouts like SLIO, SWTR, VLNX, GKNI, AWSR, RARS, add RAYS stock to that list and go join the “I will never do that again” rehab center. Everyone joins it and everyone is back on the pipe the next trading session refreshing their emails in hopes they get the pick first.
So, when RAYS stock crashes today and you’re banging that sell button as you try to catch the ceiling of the Raystream stock pump of 2012, turn on your video camera and post your reaction. It will likely be comparable to this edited cut from one of the best Movies of the last ten years that someone loaded onto Youtube.
Market Cap: 769.60K
Close: 0.0154, up 0.0119 (340.00%)
Volume: 29,814,284
Dollar Volume: $300,871
High: 0.0169
Low: 0.0025
Trades: 666
Average Trade Size: 44,766
Authorized: 200,000,000
Issued and Outstanding: 49,975,000
