No doubt that there is pumping, but I believe for good reason....
MIAMI BEACH, FL--(Marketwired - Oct 7, 2013) - Omega Commercial Finance Corporation (OTCQB: OCFN), a publicly traded financial holding company, is pleased to announce the closing of a $3 Million equity investment through the direct placement of its common stock to three private investors on September 13, 2013.
The 30 million shares purchased at $0.10 per share illustrated the shares were valued and purchased at a premium based on the market's closing price at the time of the purchase.
Investors purchased 30 million shares of the company at .10 per share.
Does that not tell you anything?
What do you think a Financial Company can do with 3 million in cash?
Indeed there is some pumping, but if you do some DD I think that you would understand some of the reasons for it.