Looks like you picked the wrong week to quit sniffing glue if you missed out on getting into the penny stock of Soul and Vibe Interactive Inc. (OTC: SOUL). Shares of the video game publisher went berserk today, cross-trading themselves onto the radar screen after the Company made it known that they are going to claim their stake of the $56 Billion digital game industry. While SOUL stock price hasn’t changed much over the course of the month, the excessive volume today makes it known that there ain’t no jive about a promotion going live in the near-term.
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SOUL Stock Chart
Market Cap: 22.46M
Last: 0.312 ▲ 0.012 (4.06%)
Dollar Volume: $1,500,801
Issued and Outstanding: 72,000,000
14-Day Rel Strength: 49.77%
14-Day Stochastic: 1.49%
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It had all been quiet on this SEO-ranking impossibility of a ticker symbol until today when the Company issued its first press release since changing it name from Victory LG, Inc. (VRYG) in October, 2012. The making of the Victory LG 8-hour energy Liquid-Gels never kicked off so they decided to change the name and direction after effecting a 4-for-1 split on the 18,000,000 outstanding shares of VRYG stock and go into the development stages of becoming a publisher of games and games-related content for consoles, mobile devices, and personal computers.
What’s intriguing about SOUL stock the most is that, on February, 28, 2011, the Company issued 18,000,000 pre-split founder’s shares at the par value of $0.001 in exchange for proceeds of $18,000 from the Company’s founder, sole director, Pauline Carson. In December, Carson announced that Peter Anthony Chiodo was brought on to serve as the new Vice President and appointed a spot on the Company’s BoD. No reverse merger, founder shares other than Carson’s, and no fat pocketed notes payable to speak of that would allow for the conversion into massive quantities of SOUL stock.
Chiodo has a pretty extensive corporate history which you can pull from the PR issued today (see here). The Company, as an approved developer and publisher of games and games-related content for the Xbox 360® video game and entertainment system, Windows 8, Windows Live, and Windows Phone from Microsoft, and the PlayStation®3 computer entertainment system and PlayStation® Vita (PS Vita) from Sony stands a fighting chance once they sell some stock to raise capital.
Even if their “Whois Gurk Burkle” game (see here) doesn’t kick off to compete with the top selling games for the approved consoles, the approval itself will allow them to put their names on as co-publisher and co-developer for other, smaller digital game makers which could easily add up to revenues worth a tiny portion of the soon-to-be $82 billion industry by 2015. Get to know SOUL stock immediately.
About SOUL Stock
Soul and Vibe Interactive Inc., specializing in the creation of original intellectual properties, is a publisher of games and games-related content for consoles, mobile devices, and personal computers.
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Bottom Line: The penny stock traders who got into SOUL stock prior to today didn’t have too much of an advantage by shaving off a few cents from their cost basis. What is going to be most exciting is to see the virtually non-existent float of SOUL shares force the price to levels one would not expect without a finished product to take to market as of yet. Get it on the radar screen for a possible multi-day play and prepare yourself to find out Who Gurk Burkle is.
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