{"id":4681,"date":"2014-05-30T09:13:35","date_gmt":"2014-05-30T09:13:35","guid":{"rendered":"\/?p=4681"},"modified":"2014-05-30T09:15:48","modified_gmt":"2014-05-30T09:15:48","slug":"valentine-beauty-inc-otcmktsvlbi-gets-a-black-eye","status":"publish","type":"post","link":"\/articles\/valentine-beauty-inc-otcmktsvlbi-gets-a-black-eye\/","title":{"rendered":"Valentine Beauty Inc (OTCMKTS:VLBI) Gets a Black Eye"},"content":{"rendered":"

\"VLBI.png\"It seems that, without the help of the paid pumpers, Valentine Beauty Inc (OTCMKTS:VLBI<\/a>) is simply unable to draw attention to itself. Back in December 2013, the company changed its name and ticker symbol. A reverse split was made, a new business plan was put in place, and some new people took the helm. Investors couldn’t care less. <\/p>\n

Trading remained non-existent over the next few months and it seemed like VLBI<\/a><\/strong> was going to be just one of the many illiquid stocks on the OTC Markets. A couple of weeks ago, however, Leigh Valentine, the company CEO, was interviewed by a website called CEORoadshow and she said that she is extremely excited about her company and its future. <\/p>\n

This was followed by a small-scale promotion carried out by 007 Stock Chat and a few smaller outfits. The ticker finally saw some volume, but unfortunately, trading wasn’t particularly intense and the stock performance was downright disappointing. VLBI<\/a><\/strong> managed to slash more than 50% in a single day<\/em> and dropped from $0.16 to just $0.074.<\/p>\n

Yesterday, a third party called Rodriguez Concrete LLC decided to give the ticker a chance to redeem itself. They paid $30 thousand for a pump which was carried out by OTCRockstar and its affiliated newsletters. The pumpers sent out a total of twelve emails and their touting resulted in a dollar volume of around $444 thousand. Unfortunately, the stock failed to impress once again. VLBI<\/a> opened the day with a rather big gap up and stayed in the green for a while. Around 2PM, however, it plummeted and finished the session at just $0.0371<\/em> per share which is 19% below its previous close.<\/p>\n

People who were quick with their trades probably managed to make some profits during the morning run, but those who got a bit carried away are most likely looking at some painful losses right now. They’re probably wondering if the ticker will be able to recover.<\/p>\n

VLBI<\/a><\/strong> issued a press release yesterday (which, coincidentally or not, hit the wire just as the emails were flying around) and said that they’re making some improvements to their flagship Non-Surgical Face Lift product. They also informed us that over the past twelve years, they have logged more than $250 million in revenues<\/em>.<\/p>\n

The latest financial report, however, shows that during the first quarter of 2014, sales have been somewhat slow. There are some other problems as well:<\/p>\n