Eco-Shift Power Corp has been promoted starting a few days ago (judging by the trading volume and reports of people receiving hard mailers). It was promoted back on May 22nd by Sherwood Ventures via email (and by OTCJournal.com on May 19th):
Sherwood Ventures LLC has been compensated thirty thousand dollars from Wave Capital Investment Ltd, (a non-affiliated third party) for ECOP advertising and promotional services.
Below is a tweet with some pictures of the mailer:
Got this mailer about $ECOP. Same guys promo’d $VEND (which ran 1,000%). I’m NOT saying buy, but def put on ya radar. pic.twitter.com/xBTlgZLF51
— Hardaway (@UseYourBrain) May 23, 2014
Disclosed budget: $1,300,000
Promoter: Andy Carpenter / Wall Street Revelator
Paying party: ??
Shares outstanding: 56,762,904
Previous closing price: $0.799
Market capitalization: $45 million
And the pictures from the Tweet:
Disclaimer: I have no position in any stock mentioned above. I have no relationship with any parties mentioned above. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.