007 Stock Chat Launches a Devastating Promotional Effort on Medifirst Solutions Inc [OTC:MFST]
The shares of Medifirst Solutions Inc [OTC:MFST] crashed down big time today following the first official promotion on the stock since the inception of the company. Another factor that contributed to the massive selloff was the dubious nature of the licence agreement between MFST, on the one hand, and King Media Inc, on the other.
Earlier today, we received the very first couple of promotional emails sent out by 007 Stock Chat touting the stock of MFST against a compensation package of $30,000. The effort proved to be a grand failure. Opening at $0.326 per share, MFST briefly peaked at $0.33, only to plummet to an intraday-low of $0.16 per share. Thus, while the stock provided a minuscule profit opportunity of some 1.2%, it triggered a 50+ percent loss for all investors who lured themselves into buying MFST shares today.
They should not have let this happen for two main reasons.
First, for a company that is willing to develop novel medical solutions to improve the quality of life of patients suffering from a wide variety of diseases, those $2,370 of cash will not really do anything to turn plans into action. In other words, MFST is not well-positioned to attract external capital at a reasonable cost. The aforementioned licence agreement won’t do any good, either, as it is basically a transaction between CEO Bruce Schoengood and his wife Debra who, by pure coincidence, happens to be in charge of King Media, Inc.
Second, 007 Stock Chat is one of those promoters which cannot exactly rely on impeccabe track record. By contrast, the vast majority of its previous promotional efforts have ended up being a total disaster for the stocks involved. Check out our promotional dossier on 007 Stock Chat to see it for yourselves.
Now that MFST shares have already written off a huge chunk of their market value thanks to 007 Stock Chat’s pump job, they will certainly have a long way to go before making it to a full recovery in the foreseeable future.
