Resource Ventures, Inc. (OTCMKTS:REVI) Retreats as Promoters Go Silent
Resource Ventures, Inc. (OTCMKTS:REVI) blew itself out of the game through over-zealous promotion. The fallout is still limited- REVI slid down about 30% to $0.035, on selling volumes of $1.48 million. But the promotion seems to have fizzled out in a single frenzied day where REVI grew by nearly 700% on record buying. Now, the coming weekend will show if selling would deepen. 
REVI was last promoted this Thursday, though that did not stop the drop. The latest message is a free email from Blue Horseshoe Stocks. The PR activity of the company has stopped- after a strange admission that REVI would not also want to benefit from the business opportunities of the marijuana sector, but also from the “stock feeding frenzy” of investors. Well, when it comes to REVI, it seems investors are already quite full.
On the other hand, REVI indeed has an old and developed printing business, which may easily be hitched to the cannabis sector and secure orders. Still, the stocks remain in the pink sheet markets, and at this price are extremely volatile. In fact, the promotions for REVI have ended up doing more harm than good, and the ticker has never been pulled out to a sustainable higher range.
REVI is just one of the sub-penny selections that rose in the past days. What those had in common was their origin: companies with diverse business backgrounds, which found a way to suggest they may become a part of the medical cannabis boom. While the leaders in the sector are outright growers or sellers, secondary businesses try to gain a piece- the pharmaceutical companies are common, but also IT service companies that try to create a tailored product for the promotion of medical cannabis.
Latteno Food Corp. (OTCMKTS:LATF) is almost a staple, though it still struggles with the penny levels. LATF has been around for a while, but its solid food business and its direct entry into cannabis sales are hardly reflected in the stock price, which for now only fluctuates in the double-zero range, and until recently was caught in the triple-zero trap. Currently, LATF is at $0.006, after another unsuccessful day in vaulting the penny levels.
On the other hand, Triton Distribution Systems, Inc. (OTCMKTS:TTDZ) is making a steadier trend- though at an extremely low price. As more merger detail are published, TTDS revived again, gaining toward $0.004.
While REVI is still ahead after its unusually good day, it is not immune from deep falling. If you feel like one of the lower positions is a bargain, keep in mind that recently REVI was below one cent, and has every reason to gravitate toward that level again. It is best to avoid investing sums that you cannot afford to lose.
