This week, it was probably clear that a press release alone would not be able to raise the share price of LYFE Communications, Inc. (OTC:LYFE) stock from the bottom. Promotional e-mails were sent in the morning to support the company’s announcement from the previous day about the completed development of a new product.

The volume spike shows well on the chart the effect of the alerts on LYFE yesterday. RSI and some other technical indicators show that LYFE could accumulate more volume today and go above the 40 cents level, especially if more promoters start alerting the stock to their subscribers. Yesterday LYFE closed at $0.36 and got a 44% jump in the closing price and a never seen before record trading volume of over 213,000 shares.

Yet, LYFE has been on an uninterrupted downtrend since it got actively traded at the beginning of last year and has lost by now almost everything, considering the 52-week high of $3 for a share last June. The financial condition of the company and its operating results are also rather disastrous and the news from Monday afternoon that LYFE has completed the development of a virtual Set Top Box (vSTB) hardly attracted any significant interest. LYFE Communications will file its latest 10-Q with a delay, and the the previous available reports are far from impressive.

At the end of September 2010 the company had $0 cash, but over $1 million in short-term liabilities. Total assets are $1.45 million, but the largest part of them is classified as “other” and are related to certain still uncompleted agreements.

In an attempt to raise the need cash for the development of its technologies, last year year the company had agreements to raise $15.2 million through the sale of “restricted securities”. From that amount only $1.6 million were actually received and the management is not optimistic that the offering can be completed. There is no guarantee whatsoever that funding will be available at all and at any terms, but traders may still hope that some more news and promotions could bring positive and short-term effects for LYFE stock.

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With a new 52-week high volume of 3.7 million shares, and a 55.56% gain, EMOT stock closed at $0.014. The obvious reasons for the surge were a press release and some newsletters talking about the company.

Creme Dellatex paid $10 thousand for this promotion of EMOT. The compensation is not at the high end, but it was enough to get some interest when combined with the timely release of a PR.

This is not the first time this combination has worked for EMOT. Back in January, the company had another announcement accompanied by a promotion, and had a similar spike. The pullback of the price was just as sudden as the surge, but didn’t go to the earlier levels.

In the January announcement, the company claimed that it had some possible candidates for a merger. After more than two months, EMOT still hasn’t released any more details and is keeping the information vague, “…agreement in principle… expect to sign letters of intent in the near future.” The PR also mentions a “new funding source”, and again – no details about the source.[BANNER]

This policy seems to have some traders displeased. The notification of late filing for the company’s annual report from Apr. 1 won’t help the situation much. These are some numbers from the latest available financial report:

You decide whether this is a position suitable for an acquisition.

However, if the situation has changed significantly and EMOT manages to get some operations going, it is possible, shareholders could see some gains at some point.

Approximately 40% of yesterday’s volume was comprised of short sales. If the plot from the last surge repeats itself, the shorters may have had a profitable day.

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QED Connect, Inc. (PINK:QEDN) stock broke its monotonous chart pattern yesterday on a record high volume. In fact, “pattern” is a too exaggerated word for the straight price line which cuts through the graph of QEDN stock.

The look of QEDN stock chart prior to yesterday reflects the evaporated interest in the stock and the total debacle of the share value, which happened in the beginning of 2010. The reason why QEDN broke the permafrost that had paralyzed the volume and the price of the company’s shares was nothing else but a paid promotion, covered earlier by Pinkinvesting.

It seems that the company didn’t sit idle and watch indifferently the started campaign. On the contrary, QEDN contributed to the pumping efforts by issuing a press release on the day the promotion started. The company announced the signing of a stock purchase and consulting agreement with Sonasoft Corporation (PINK:SSFT).[BANNER]

SSFT, however, is a company which is even more elusive than QEDN. It is marked with red stop sign on the OTC Markets and has no quotes at all. The only thing that is known for SSFT is that it is a company which provides software based solutions.

That being said, one can make his own conclusion about how prosperous the partnership between the two companies can be. Meanwhile, it is curious what will happen with the stock value after the effect of the promotion form New Stock Idea fades out.

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For no apparent reason, the share price of ERHC Energy Inc. (OTC:ERHE) fell down on Friday to its bottom for the past 52 weeks. Trading volume was also the second largest for the past year, expressing excessive investor disappointment, the reasons for which are yet to be revealed.

ERHE closed Friday session at $0.135 and 8.16% lower than the previous close on a trading volume reaching over 3.6 million shares. During the day, the share price marked a new yearly bottom at $0.12, which made ERHE value half of what it used to be just a couple of months ago.

No particular reason for the new yearly bottom can be pointed out, but for a company with no established revenue sources the market cap of almost $100 million is still remarkable. The latest announcement from the company came about three weeks ago. Then, ERHE issued a press release to update its shareholders about its latest activities and developments, but the update obviously did not sound promising to investors since after that ERHE started losing value even stronger than before.

According to that last update, the company is still negotiating, or is about to start the negotiations, for certain contracts about the works on its properties. In combination with ERHE latest quarter report that was filed in the beginning of February, the lack of any progress could have been disappointing, but maybe not that surprising.

ERHE 10-Q says that the company was founded in 1986 and was engaged in a variety of businesses up to 1996, when it began its current operations. They are focused on the exploration of oil and gas properties in the Gulf of Guinea offshore of central West Africa, but as already mentioned have not produced any results so far. Thus, despite the $13 million of cash that ERHE had at the end of last year and its lack of long-term debts, the future seems highly uncertain and risky for the stock to appreciate in the near future.

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