{"id":3523,"date":"2014-01-06T14:15:16","date_gmt":"2014-01-06T14:15:16","guid":{"rendered":"\/?p=3523"},"modified":"2014-01-06T14:15:22","modified_gmt":"2014-01-06T14:15:22","slug":"petrotech-oil-ampgas-inc-otcmktsptog-reacts-to-insider-financed-promotion","status":"publish","type":"post","link":"\/articles\/petrotech-oil-ampgas-inc-otcmktsptog-reacts-to-insider-financed-promotion\/","title":{"rendered":"Petrotech Oil &Gas, Inc. (OTCMKTS:PTOG) Reacts to Insider-Financed Promotion"},"content":{"rendered":"

When the oil sector promises meet a wild and unpredictable double-zero ticker, the result is a dramatic daily growth. Petrotech Oil &Gas, Inc. (OTCMKTS:PTOG<\/a>) added 40% to reach $0.009, on record buying volumes above $324,000. Nearly 40 million shares changed hands as PTOG<\/a> was boosted by a new promotion last Friday. \"PTOG0601.png\" <\/p>\n

For a compensation of $15,000, 1-2-3 Stock Alerts touted the benefits of PTOG<\/a> mostly as an upwardly volatile ticker, and not so much as a promising oil company. \"FTTN0601.png\"<\/p>\n

As for promises, PTOG<\/a> is extremely adept at circumstantial language, pointing out plans, preliminary agreements and research on various areas of drilling and distributing bio-degradable products. So far, all of this has been mostly an effort to boost the company’s positions and make a wider impression.<\/p>\n

The last time we visited PTOG<\/a> was in the fall of 2013, when the pumpers caused a brief spike in price- but PTOG<\/a> had already sank to extremely low levels. The new bout of promotions may have an even shorter-lived effect. In September, PTOG<\/a> was up to similar tricks- signing preliminary agreements for an oil well in Oklahoma. None of the good intentions materialized in the bottom line:<\/p>\n