The Sunbelt International Corp. (PINK:SUNB) Pump Causes Record Selling
Even the right mix of energy and natural herbs could not lift the stock of beverage company Sunbelt International Corp. (OTC:SUNB), the pink sheet vehicle for Britain-based Aptitude Life. The ticker was heavily promoted on Monday, March 4th, but went on to drop by 50% in a single day, reaching 1 cent on record selling of more than 10 million shares. While the next few days may see a brief bounce, Monday saw a desperate spilling of otherwise illiquid and depressed shares. 
In the paid emails, with a budget of $50,000, SUNB was mentioned as a ticker that provides easy access to big potential gains, being underpriced. While the British company may have a viable business idea with its herbal beverage business, the last reported data on the pink sheet markets show several weaknesses: 
- Zero cash
- $208,520 full value of oil and gas properties
- $294,351 current liabilities
- Zero revenues
- $132,707 loss since 2007
It seems on one hand SUNB is a former energy company that did not manage to develop operations, and until 2009 was trading as Onyx China, Inc. Its last incarnation as the producer of a herbal energy drink may mean the ticker is just a way for the British energy drink company to gain exposure to American investors.
But even the British beverage business, with its somehow risque product- the Aptitude Shag party drink, are slow to affect sentiment compared to a slew of paid emails. The campaign started and ended on March 4th, following a slow rising trend from the past few days. The company is capped at just $ 734,775 and has 75 million shares outstanding, massive selling may materialize at any moment. The stock has lived through two reverse-splits to take it up from even cheaper three-zero category.
With a total of 31 mails, SUNB was taken up by several pumpers large and small, but the single effect is the disproportionate movement in the stock. This is usual also for other picks hyped by professional pumpers. One of the pumpers, Super Hot Penny Stocks, was involved in another recent high-flyer, Force Energy, Corp. (OTC:FORC). The ticker managed to triple its value in a day, but later retreat to $0.007. So, in dealing with new and hot tickers, estimate if you can afford to lose a great part of your investment, and don’t miss doing your own due diligence for the company.
