{"id":1304,"date":"2013-04-24T12:12:44","date_gmt":"2013-04-24T12:12:44","guid":{"rendered":"\/?p=1304"},"modified":"2013-04-24T12:13:08","modified_gmt":"2013-04-24T12:13:08","slug":"another-day-another-pump-for-resource-ventures-inc-pinkrevi","status":"publish","type":"post","link":"\/articles\/another-day-another-pump-for-resource-ventures-inc-pinkrevi\/","title":{"rendered":"Another Day, Another Pump for Resource Ventures Inc. (PINK:REVI)"},"content":{"rendered":"

\"REVIchart.png\"After we last left Resource Ventures Inc. (PINK:REVI<\/a>) they were quietly simmering around $0.035 per share. But yesterday signs of resurgence were shown as they gained 33% and reached $0.048. Investors once again returned to the stock and more than 2 million shares were traded. <\/p>\n

REVI<\/a> were almost devastated when the extensive pump on their stock came to an end and they lost more than 85% of their value. Now Research Driven Investor and most of its affiliates have decided they can do better and started touting REVI<\/a> by sending more than 20 alert emails in a single day. While the bigger part of the promoters are expecting compensations ranging from $4000 to $7500, RDI disclosed that to date it has received $140 000 to profile REVI<\/a> for two one day investor relation campaigns.<\/p>\n

Trying to do its part in the hype generation REVI<\/a> decided to rely on one of its old tricks – announcing that it signed a letter of intent to form a joint venture with Petroskandia AB of Sweden. That makes it their third for the last month or so. Just to remind you the company has a letter of intent with a renewable energy producer in the Czech Republic for the purchase of solar power production facilities in Slovakia and another letter of intent with Next Space Solutions LLC of California anticipating a series of joint ventures with them.<\/p>\n

If any of those projects will ever see the light of day is rather doubtful as REVI<\/a>‘s financials leave much to be desired. According to their annual report they have:<\/p>\n