Having our original speculations confirmed after doing some due diligence, traders who jumped into Vizstar Inc. (VIZS) are still banking from their Spa deal. Announcing their due diligence completed for the acquisition of Kimberly Parry Corp., creators of luxurious spa products that harness the power of botanicals and aromatherapy, VIZS stock price went from 0.0039 off our alert price to as high as 0.02 in anticipation of the announcement, a 412% gain. With the month closing after numerous PR updates on an eCommerce site and now the management assumption of Wai Hope Organic skin care, has the trading relaxed or is it just getting started?
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VIZS Stock Chart
Market Cap: 926.46K
Close: 0.014, up 0.0039 (38.61%)
Dollar Volume: $19,368
Average Trade Size: 22,711
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Other than the initial PR which declared that VizStar had conducted their due diligence in preparation to acquire Kimberly Parry Corp., the other news of the online retailer movement and eCommerce initiation were pre-existing. Last night’s news of Kimberly Parry’s management team transitioning with Wai Hope for the past 90 days, subsequently taking over full management, is new. Wai Hope is stated to be a recognized innovator of skin care brands around the world with their organic skin care product lines which feature proprietary ingredients, formulary trade secrets and are protected by a U.S. patent.
While dollar volume remains liquid enough for a trade worth a few hundred bucks at best, the work if the board posters has been a real help in getting VIZS stock into the 0.02 range. Those posters were responsible for the high when they rumored that it was going to be an oil deal, not a spa. Is it still worth taking a shot to see it surpass that on some “Wai Hope?” Well, Barchart.com is calling VIZS an 80% Strong Buy. Everyone knows that they have never been wrong like the Yankees are the best Hockey team in the NFL.
About VIZS Stock
VizStar Inc., if they acquire Kimberly Parry Corp. and Kimberly Parry Organics, will be the creators of luxurious spa products that harness the power of botanicals and aromatherapy to provide gentle yet effective results. KPO formulates to the highest USDA certification standards; their spa products are USDA certified organic and made fresh to order at the Company’s San Clemente, CA manufacturing facility.
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Bottom Line: VIZS has been a hot penny stock all through out November. Since the actually agreement to acquire, aka reverse merge, Kimberly Organics, VIZS stock is still a day trade which should be watched daily until the sizzle fizzles. The economy just stinks too bad for a start up pinksheet spa/organic aroma therapy product seller to be much more attractive than it currently is.
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