Mundus Group, Inc (PINK:MNDP) Seems to Be Getting Hurt By Promotions
By StockFrontRunners on Sep 08, 2010 with Comments 0
Mundus Group, Inc (PINK:MNDP) tumbled a whopping 29% yesterday as the company received another portion of paid promotions.
The awareness campaign has been going on since the middle of July and has cost the paying “third party” over 50 million MNDP shares (about 50% of the outstanding shares). It seems, though, that the only good they did was to spike up the volume. The results on the stock price have been disastrous, as it has lost 80% of its value since then.
The company state of development doesn’t help the situation either:[BANNER]
Filed Under: Press Releases
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