Looking to enter into a market that has revived even the worst penny stock, Vitamin Blue, Inc. (VTMB) announced late yesterday that they are now into weed. Creating (out of thin air) a new subsidiary, Vitamin Green, that will focus exclusively with Hemp/Cannabis products, VTMB stock soared of intra-day lows and is looking to keep up the pace today. Seeing as how the Company is already focused on the surfer lifestyle with the current business model, a significant presence into the culture which appreciates a good buzz better than anyone else could be the marketing plan of the year if they can pull it off.
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VTMB Stock Quote
Market Cap: 4.10M
Thursday Close: 0.006 ▲ +0.0018 (+42.86%)
Issued and Outstanding: 683,405,000
14-Day Rel Strength: 62.72%
1st Resistance Point: 0.0072
1st Support Level: 0.0045
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Vitamin Blue already offers an all hemp T-shirt on their website which likely made up a portion of the $40,737 and $67,918 in revenues the Company respectively booked for the 3 and 6 months ended June 30, 2013. By creating Vitamin Green, the massive audience that combs the surf apparel stores in Newport Beach, CA.
On the Company’s website, there has been a clear and distinct message stating that “Beginning the summer of 2013, Vitamin Blue will be launching Hemp Products.” The PR yesterday which surfaced at around 2:30PM was enough to send certain sub penny stock traders into a frenzy, throwing hundred dollar bills at VTMB stock as if it were a stripper.
The good news is that VTMB stock has sen above a penny more than once this year and actually started off 2013 with some extremely high volume. Since 7.6 million shares traded isn’t even a glob of spit in the ocean of issued and outstanding shares of VTMB, seeing some record-type volume levels today, in excess of 25 million, would surely be good news for James Yeung, Khiem Nguyen and JRC 1 LLC.
On April 26th, the three received 12,969,000 shares, 20,000,000 shares and 20,000,000 shares, respectively, for the conversion of a $5,296 note from September 24, 2010. With a cost basis of just 0.0001 per share, there are 3 persons who are hanging 10 alright off the creation of Vitamin Green – 10 bagging VTMB stock that is.
About VTMB Stock
Vitamin Blue, Inc. is still a development stage company focused on the design, fabrication, and distribution of water boardsports wear and water boardsports accessories.
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Getting closed out of this wave could be a pricey penalty for those who put marijuana and VTMB together thinking they’re gonna sell weed. Pre-market, VTMB stock deserves a look and a spot on the list of penny stocks to watch and play today. No better way to end the summer than to go surf some momentum.
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