{"id":5209,"date":"2014-11-19T13:12:45","date_gmt":"2014-11-19T13:12:45","guid":{"rendered":"\/?p=5209"},"modified":"2014-11-19T13:24:53","modified_gmt":"2014-11-19T13:24:53","slug":"aj-greentech-holdings-ltd-otcmktsajgh-surges-on-pumps","status":"publish","type":"post","link":"\/articles\/aj-greentech-holdings-ltd-otcmktsajgh-surges-on-pumps\/","title":{"rendered":"AJ Greentech Holdings Ltd. (OTCMKTS:AJGH) Surges on Pumps"},"content":{"rendered":"\n

In Monday’s session the stock of AJ Greentech Holdings, Inc. (OTCMKTS:AJGH<\/a>) went through the roof on huge volume. The price went up 160% on over 7 million shares traded – more than the company shifted over the last three full months of trading. The primary reason for the sudden move is a volley of pump emails sent over the last two days.<\/p>\n

Nine tout emails were sent out by a number of promoter outfits. The pumpers were compensated with an average of $15 thousand for their advertising efforts, paid out by XCP, Inc. The pumps were full of the usual promoter drivel, comparing AJGH<\/a> to huge mega-corporations such as Tesla Motors. AJGH<\/a> dropped a conveniently timed press release yesterday morning, before the opening bell. The combination of the PR and the weekend pump warmup led to the huge volume after multiple zero-trade days over the past months.<\/p>\n

The announcement stated AJGH<\/a> intends to manufacture an electric car, the e6 electric taxi. The operational parameters of the e6 listed in the PR are disturbingly close to those of a top-end Tesla Motors car. Excited investors are probably wondering how AJGH<\/a> intends to go toe to toe with Elon Musk’s corporate giant. Here is what the company had to show on its books as of its last financial report:<\/p>\n