Yesterday, US Wireless Online Inc (PINK:UWRL
, UWRL message board
) stock drew on its chart the first wing of the "rising Phoenix", jumping 33.33%.
Days after UWRL introduced to the public its business model with the company Go Green Electronic Recycling, investors were surprised with information about the next in row UWRL's merger candidate.
The brilliant PR campaign unclog UWRL stock rush.
Traded under $1 UWRL shares closed the trading session at $0.002, hitting a new volume record.
In addition to the UWRL stock alerts from last days, yesterday, the company threw investors in a new field for thoughts.
After the first, still actual, Chinese candidate for merger, UWRL presented its main business focus on the "green" management and recycling of electronic waste. This is also the company's image, shown on its web page.
With its last press release, the UWRL's management is trying to convince investors, that has a potential to be involved in a maybe, new business. The announced next potential merger is with Canadian company, named Welcome Place. Main operations of the above candidate has nothing to do with the green recycling business.
The Canadian company operates in the field of software and training for day traders. Seems, that this encourages UWRL's President to state: "We feel that the activity is out of line with the Company's potential...".
Only investors can decide what the UWRL potential is. On the background of bombarding with information press releases of UWRL, the fact that the company has no any announced official financial report seems minor.
While company is SEC de-registered and at the OTC web page is published only supplemental information, it will be difficult for investors, or potential merger candidates to make viable UWRL evaluation.
In one of them, the company's PR agent stated, that "the company begins its journey back to prosperity; and the "rise of the Phoenix" commences..."