Pacific Clean Water Technologies, Inc., f/k/a Unseen Solar, Inc. (OTCMKTS:PCWT) Stays Red on Fading Volume
Yesterday Pacific Clean Water Technologies, Inc., f/k/a Unseen Solar, Inc. (OTCMKTS:PCWT) logged a second red day in a row, closing precisely 1% down. Share volume decreased by half a million and the ticker didn’t manage to move 10 million securities in a single session for the first time since the pump targeting the company started.
As everyone following OTC pumps probably knows by now, PCWT is the newest pick of both Awesome Penny Stocks (APS) and Victory Mark (VM). APS skipped sending a new tout email yesterday, leaving only VM’s emails to prop the price up. PCWT issued no further press releases as well, last informing of appointing a new legal counselor on Monday.
Yesterday’s emails from VM rehash the speculation that the company retained the counselor because a major merger / acquisition is in the works. Of course, this is promoters speculating off the top of their head and is not grounded in any hard information.
APS are in a desperate need of a pick that is at least mildly successful, even for a short while. The most recent picks of APS have been a dismal failure. Their early summer pick, Xumanii International Holdings Corp. (OTCMKTS:XUII) never got to $1 and APS bet their questionable reputation on managing to push it to those levels. Instead the stock is currently trading at $0.02 per share. XUII was followed by an even bigger flop – APS started touting PacWest Equities, Inc. (OTCMKTS:PWEI) who were previously pumped multiple times by other outfits and got hammered into suspension by the SEC mere days after APS picked them up.
Things are not looking too rosy for the PCWT pump as well, with the stock logging a second red day so soon after the touting started. We can’t say for sure whether it was the fact that PCWT got the skull and crossbones on OTCMarkets so quickly or the PWEI fiasco, but it may be that even pump players who know full well how pump jobs play out are losing what little confidence they had left in APS.
