Yesterday, investors “with refined taste and passion” for Tootie Pie Company, Inc.(OTC:TOOT, TOOT message board) stock decided to vote for not changing the share price. Two days after the huge TOOT stock rush, based on stock promotion, and despite the disclosure of information about a new coffee and iced tea line, the price increase was followed by lifeless volume traded.TOOT, the gourmet expert, yesterday would have been able to add the comany's new slogan, related to its share promotion. It could sound like this: "Nothing tops off a great gain, like a slice of mouthwatering Tootie Pie stock in a stock promotion."
Working with three stock promoters since February, the company has made ten disclosures about its stock promotion. As the chart here shows, these stock promotions were able to bake a good volume and price increase of TOOT shares.
Before the first for this year promotion, at mid February, TOOT stock was worth $0.13.
On Wednesday, the refined taste and passion of these promotions was the main reason the traded under $1, TOOT stock to hit a new 52 week high, accompanied by recordable volume traded. Then, TOOT shares closed at $0.38.All this happened one day after the the company announced its first stock promotion this month. The stock promoter earned an additional 100,000 restricted shares subject to Rule 144 of the Securities Act of 1933.
The budget for yesterday's stock promotion was $5,000 from the company and additional 100,000 restricted shares subject to Rule 144.
All announced by TOOT news about Tootie Pie Gourmet Cafés were the sweetener of the company's marketing plan.
Comments (0)