CelebDirect (CELI.PK) is Back Like a Boomerang
You should remember the company CelebDirect (CELI.PK) which is responsible for Direct Response marketing strategies, such as television infomercials, advertorials, traditional retail and other. I have already told you about its stock promotion campaign in the end of the last year, as well as in July. As to this date, the company does not seem to have quited this business and is expanding it. Lately, it has been announced that OTC Picks has been compensated 70.000 free trading shares from ono-controlling third party to promote CELI. That’s almost $3.500 if you make some calculations.
September 1st, 2008 at 8:35 pm
i think that it is still very important for companies, especially for the pink sheets. if there were no stock promotions, some companies would be hidden among others for many days and nights, and years. in fact, these stock promotions help these poor ones to get out of the dustbins. well, at least their role is such. i am not sure what happens and how this affects investors, but for sure if companies are ready to pay such money (except this one, because they don’t spend too much), that is really worth to do that. i have expressed my opinion. if you don’t agree, try to change my mind.
August 27th, 2008 at 8:57 pm
$3.500 is not much for the stock promotion. At least, for a one time promotion it’s not so scary.