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Last Friday the stock of Zenosense, Inc. (OTCMKTS:ZENO<\/a>) enjoyed unprecedented attention from the market. Investors shifted more than 1.8 million shares and the relentless buying pushed the stock 20% higher to a close at $0.575. An impressive performance but we warned you that it was only possible thanks to a paid pump.<\/p>\n If you take a look at the landing page that was created to tout ZENO<\/a><\/strong> you will see a rather familiar face – Mr. Tobin Smith. Last year Mr. Smith got fired by Fox after they found out he was touting the stock of Petrosonic Energy Inc (OTCMKTS:PSON). Since then he has gone on to hype up quite a few other companies but the results have been far from impressive – just take a look at the charts of three of his recommendations – HPTG, PSON, GFOX.<\/p>\n According to the disclaimer at the bottom of the landing page the current promotion for ZENO<\/a><\/strong> has a total production budget of $1.5 million. With such a vast sum allocated for the pump it is no wonder that investors have begun reporting that a hard mailer has also been put into distribution. The company is even being touted by compensated posts on message boards. Apparently Quality Stocks are going to receive the sum of $58 thousand for their services.<\/p>\n Despite all the efforts though when trading resumed after the weekend ZENO<\/a><\/strong> started sliding down almost immediately. At the end of the session the stock had slashed 13% of its value and was sitting at $0.50. Still, the market price remains grossly disconnected from the reality of the company. On Monday the quarterly report for the period ending September 30 was filed and it contained the following:<\/p>\n • $108 thousand cash and total assets!!!
• $19 thousand total liabilities
• ZERO revenues
• $98 thousand net loss<\/p>\n