Shares in the penny stock of Aquentium Inc. (OTC: AQNM) started, for no apparent reason, swimming like a salmon today: upstream. AQNM has already traded 441,177 shares and the PPS has jumped to as high as 0.10. The bids are huge, millions, while the news is the exact opposite which means one thing: get AQNM on the list of penny stock alerts to watch immediately. Suspicious activity for a Company with no revenues, no cash and no active business except a plan, a plan to sell and market a complete line of ozone sanitation equipment designed for use in food processing, beverage processing, hotels, schools, hospitals, and veterinarian clinics.
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AQNM Stock Chart
What we can see from the most recently filed documents with the SEC, the 10-Q for the period ended March 31, 2012, Aquentium had $15 in cash, no revenues and 100,000,000 shares authorized with 46,457,403 issued and outstanding.
About AQNM Stock
Aquentium, Inc. is a diversified holding company in the development stage. Aquentium’s holdings include a solar energy company for solar farms, residential and commercial buildings (Aquentium Solar, Inc.), a company for research and development of algae energy projects, (New American Energy, Inc.), a Waste-To-Energy company for the development of waste-to-energy projects and recycling systems (Environmental Waste Management, Inc.), a housing company for the development of emergency and re-deployable housing structures (H.E.R.E. International, Inc.), an early-stage entertainment company that for the development of motion pictures, music, print publications, and consumer products (Canby Group, Inc.), and (Aquentium De Mexico) for any housing, energy, and water treatment business done in Mexico. NOTE: The subsidiaries were not active during the period ending March 31, 2012.
To view the SEC filings for AQNM, click here.
Bottom Line: Anytime penny stocks breakout for no apparent reason, they go on the list to watch. Something is happening here and from the looks of the bid/ask and order size, its something very big. Get AQNM on the list of penny stock alerts to watch immediately and wait to hear the news. Buy on rumor, sell on pump.
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