{"id":1548,"date":"2013-05-31T13:13:55","date_gmt":"2013-05-31T13:13:55","guid":{"rendered":"\/?p=1548"},"modified":"2013-05-31T13:14:03","modified_gmt":"2013-05-31T13:14:03","slug":"itonis-inc-otcmktsitns-the-dumping-continues","status":"publish","type":"post","link":"\/articles\/itonis-inc-otcmktsitns-the-dumping-continues\/","title":{"rendered":"ITonis Inc (OTCMKTS:ITNS) The Dumping Continues"},"content":{"rendered":"

\"977LOGO.png\"It seems that ITonis Inc (OTCMKTS:ITNS<\/a>)’s insiders have awakened once again. In yesterday’s trade session we saw a really high volume of stock traded that was accompanied by a little boost in price from the previous day. <\/p>\n

\"INTS_chart1.png\"Yesterday when market opened the price per share of ITNS<\/a>‘s stock was $0.0042 and it climbed to a peak of $0.0052. However, accompanied by the heavy dumping which we saw in yesterday’s trade session the $0.0052 price quickly diminished and ITNS<\/a>‘s stock closed at $0.0037.<\/p>\n

The total volume of stock traded was a whopping 48 million shares which helped the total trade value for the day to end at $222 thousand. When you compare that volume to the avarage of 5 million shares traded it all starts to become clear.<\/p>\n

This isn’t the first time that we see such heavy fluctuations in ITNS<\/a>‘s stock. When we last covered them on May 7 we wrote about the May 5 trade session when their stock traded in a volume of 125 million shares at a total trade value of $757 thousand which is mind boggling when you take a look at the company’s financial reports, from which the numbers of prime interest are listed below.<\/p>\n

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