{"id":3893,"date":"2014-02-13T16:13:37","date_gmt":"2014-02-13T16:13:37","guid":{"rendered":"\/?p=3893"},"modified":"2014-02-13T16:13:47","modified_gmt":"2014-02-13T16:13:47","slug":"eco-depot-inc-otcmktsecdp-rising-on-paid-promotion","status":"publish","type":"post","link":"\/articles\/eco-depot-inc-otcmktsecdp-rising-on-paid-promotion\/","title":{"rendered":"Eco Depot, Inc. (OTCMKTS:ECDP) Rising On Paid Promotion"},"content":{"rendered":"

\"ECDP_chart.png\"Eco Depot, Inc. (OTCMKTS:ECDP<\/a>)’s stock began attracting investor interest in the end of January, as it wasn’t really traded before that, priced at $0.02 per share. The total gain that the company has accumulated to this moment comes at 500%, even though there were some sessions in the red. <\/p>\n

We also saw a major paid promotional campaign on which there have been spent more than $139 thousand by now, paid by Bas 1, LLC. The compensations were ranging from $7 thousand to $65 thousand with Pennystock Tweets bagging the biggest.<\/p>\n

Still, the company stock didn’t manage to attract much investor interest until yesterday, when it went up 22% and closed the session with a price of $0.12 on its highest volume so far. We saw some 2.2 million traded shares, that managed to generate $296 thousand in dollar volume.<\/p>\n

\"509LOGO.png\"The company also issued a press release yesterday, touting the DRTV infomercial campaign for their WaterGizziTM<\/sup> portable water purification device. Nonetheless, their claims of “most popular Water Filtration products during the past 90 days” aren’t backed up by their financial statement.<\/p>\n

This is because we should have at least seen some revenues in their annual report for the period ended December 31, 2013 if they have a “most popular” product.<\/p>\n

 <\/p>\n