If you don’t already have Global Stevia Corp. (GRUH) on your list of penny stocks to watch, then you shouldn’t be trading on the OTC market. GRUH stock price is sitting at 0.6161 with a 5 day average volume of 11,420 shares. We did a complete profile on the Company, and the players behind it, and are sure that this is getting ready for its run after their 13-for-1 forward stock split.
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GRUH Stock Chart
Market Cap: 36.84M
Shares Outstanding: 59.80M
Shares Authorized: 975.00M
As you can see from our original post, the key players in this company have a long track record which has numerous ties to many high profiled promoted penny stocks. What probably too place was that Stevia Nutra Corp. (STNT), which did nothing but dump shares since it began trading, used the funds raised in order to push GRUH into the spotlight with front man Matthew Christopherson. Either way, Global Stevia Corp. is primed and ready and needs to be on the top 5 list of penny stocks to monitor for trading volume.
About GRUH Stock
Global Stevia Corp., incorporated under the name Guru Health Inc. in the State of Nevada on February 23, 2010, is a development-stage company with no revenues and minimal assets. On June 14, 2012, The Company name change from Guru Health Inc., to Global Stevia Corp. was effected, and gave effect to a forward split of the Company’s authorized and issued and outstanding shares of common stock on a 13 new for 1 old basis.
On May 31, 2012, Matthew Christopherson, the Company’s sole director and officer, acquired a total 2,600,000 pre-split shares of Guru Health common stock from Vanessa Gillis and Jessica Bradshaw, the former directors and officers, in a private transaction for an aggregate total of $30,000. On July 10, 2012, the Company entered into two separate agreements with Stevia Global Vietnam for the acquisition of 95% of Stevia Global Vietnam and the purchase of all stevia leaf product grown by Stevia Global Vietnam for a period of one year. Click here to view the business plan of Global Stevia Corp.
Click here to view the SEC filings for GRUH.
Bottom Line: GRUH needs to be watch since even the best due diligence people in penny stocks have it on their list to monitor. When there is a large increase in volume, you assure yourself that this will be in for a ride similar to that of Stevia First Corp. (STVF).
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