This is minor. It is one company promoting through a couple of channels and yes I have seen far more in a day than we have had in a year. I try to sign up for every promo news letter I can find. There are only a few actually and they promote through many different names.
Keeping track of promotions can keep you from making the mistake of buying on a P&D. To put it in perspective the stock XUII has been pumped since July 20 but since only Aug 1, 19 pumps from 8 different companies. 3 of them are the exact same pump under different names and those 3 have pumped 3 times each. So 9 of the 19 are all one promoter. I should add that all 3 have a different disclaimer amounts. They were paid 3x what the disclaimer stated. And there are at least 3 pumps a day every day since July 20. I will add that since their pumping started their PPS has dropped from .75 a share to .068 during the pump.
So KBLBs promotion is very small 1 company 4 times? That is why KBLBs is a promo and not a P&D.
I think people need to put promotions in perspective. For example what is any different between XUII obvious P&D and this headline?
SAN FRANCISCO/NEW YORK (Reuters) - Activist investor Carl Icahn said he has amassed a "large position" in Apple Inc and believes the stock could be worth as much as $700 a share if Chief Executive Tim Cook pushed for a larger stock buyback.
this guy has a small fortune invested in apple. All he has to do is tell people and his fortune increased by 5%
He is a pumper. He is a promoter. And the "news" here is no different than a pumper on a message board saying Kim could do a buy back!!!
Hi Fastlane, this is not unusual, I've seen several other penny stocks being pumped through different channels and it has happened to KBLB before as well.