I apologize for the very late posting! At this point it is only posted for the record. There is an online promotion page at http://www.beverageinvestor.com/kredreport/
Disclosed budget: $2,300,000
Promoter: MarketFirst Media
Paying party: MarketFirst Media or related entities
Shares outstanding: 71,366,067
Previous closing price: $0.98
Market capitalization: $69 million
One interesting facet of the KRED pump is that it appears that some person or persons has been trying to manipulate the stock by providing manipulative bid support with very large bids. See the screenshot below. No reasonable trader would submit a 700,000 share bid for a stock that has traded less than ten times that volume. If a trader wants to be a large position they buy slowly over time in small chunks. The only reason to display such a large bid, particularly when it is not the best bid, is to artificially support the price. I would like to thank the manipulators for using Arca for KRED so I don’t have to worry about a corrupt market maker suing me for libel for accusing them of manipulating an otc stock (there has been a market maker apparently supporting KRED too, though).
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PDF copy of pump page