Green Innovations Ltd (OTC:GNIN) Hits New Volume High
Green Innovations Ltd ( OTC:GNIN ) got e new volume high yesterday. In the last 4-5 sessions the trading activity has increased as well as the price. GNIN closed yesterday's session at $2.25 per share - gaining another 17.19%. The volume hit a new high at nearly 4.4 million shares. For about a month GNIN had been moving at a slower pace and low volume, which was one of the reasons we didn't catch it sooner. The other one was that there was no paid promoter in our database touting GNIN. With the help of some of our readers we have been able to find at least three newsletters pumping GNIN. One of them is Investors Alliance and they are supposedly being compensated $35 thousand per week by a third party. It seems that National Traders Association and Traders Insight (not to be confused with Trader Insight) are also on this pump job. Meanwhile, the company managed to squeeze in another press release. About 6:00am GNIN announced a purchase order from Big Saver Foods. Of course there are no details, and the public won't get see what that actually means in dollars, until GNIN files its quarterly for Q1 and that won't be for at least another two months. Before that, GNIN will have to file its annual report, which should show some of what it has actually accomplished. Until then, all the public has to go on are the numerous fluff press releases.