FOUR (bagger)!? The penny stock of Carbon Credits International, Inc. (PINK: CARN) hit the ground running and without jumping the gun at the opening bell. Offering a rare opportunity for traders to get in lower than yesterday’s closing price, CARN stock is the newest alert over-exposed subs at Xtreme got today. While carbon credits have nothing to do with the business model since dba TextADay, can this pick be the “Tiger-like” drive of a run off of their agreement with GolfLogix, Inc., the #1 Golf App for smartphones.
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CARN Stock Quote as of 10:45:48 AM
Market Cap: 445.83K
Last: 0.0085 ▲ +0.0032 (+60.38%)
Volume: 20,764,844
Dollar Volume: $182,276
Open: 0.0041
High: 0.0110
Low: 0.0041
Trades: 316
Authorized: 100,000,000
Issued and Outstanding: 52,450,865
1st Support Level: 0.0049
2nd Support Level: 0.0046
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With the options of TextADay.com or Text4Faith.com, Carbon Credits International won’t have to re-issue old PR like today’s news for as long as its pumping CARN stock. Today’s PR announcement of TextADay’s payment solutions software to be integrated with GolfLogix, enabling transactions by end of month, was issued over a month ago on March 4 when the Company stated the agreement would allow golf consumers to purchase the GolfLogix app using our mobile credit card gateway.
In any case, this isn’t the only agreement Carbon Credits International has made for their mobile texting technology for usage in the business world. The Company acquired SinglePoint’s name, a name recognized and known throughout the industry as a pioneer in the mobile messaging market, which is best associated with high volume SMS campaigns including:
Deal or No Deal,
Red Cross Haiti campaign,
Obama ’08 campaign,
Beijing & Vancouver Olympics, and
American Idol
In fairness, it has to work out for their benefit and the benefit of CARN shareholders considering that for the years ended January 31, 2013 and 2012, the Company was only able to generate revenues equal to that of what many pre-teenagers will be making this summer cutting lawns and babysiting. For the 12 months ended January 31, 2012, the Company booked $1,710 in revenues. They doubled that in the most recent fiscal 12 months, booking $3,446.
Money-in or money-out, spam texting or ordering a round of four via text message, CARN stock is on the move and traders are already wondering if this is pick will yet another mulligan for the group who brought some amazing long campaigns in 2012, but failed to qualify for any penny stock master’s tournaments thus far in 2013.
About CARN Stock
Carbon Credits International, Inc., dba Text-A-Day, is a best-in-class mobile credit card gateway allowing for the process of credit cards through mobile devices.
Click here to view the financial filings for CARN on OTCMarkets.
Click here to view the website for Carbon Credits International.
Last 5 Trading Sessions:
Date | Last | Change | % Change | Volume |
04/24/13 | 0.0053 | -0.0002 | -3.64% | 849,500 |
04/23/13 | 0.0055 | unch | unch | 735,000 |
04/22/13 | 0.0055 | -0.0005 | -8.33% | 864,100 |
04/19/13 | 0.0060 | unch | unch | 1,887,400 |
04/18/13 | 0.0060 | +0.0009 | +17.65% | 3,026,900 |
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Bottom Line:
CARN is thin, cheap, fresh, and everything penny stock traders look for in a long-campaign. There are a ton of questions following the re-pump of Pub Crawl Holdings (PBCW) earlier this month, but as long as CARN stock can close green, traders will be able to forget the past.
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