Despite having $0 assets as of their last filing, someone has managed to come up with $25,000 to pump the penny stock of International Display Advertising, Inc. (OTCMKTS:IDAD). Having been active now for nearly 2 months, IDAD stock is set to see some serious volume come Wednesday thanks to Joe and Fox. Since the payor of the two is none other than Stockmister LLC, the clear subliminal sign with David “Hazzard” as the named President of what was last Eco2 Forests Inc. (ECOF), the sounds of splintering timber are bound to echo across level 2 screens within minutes of the opening bell tomorrow.
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IDAD Stock Quote
Market Cap: 23.40M
Last: 0.2389 ▲ +0.0049 (+2.09%)
Volume: 404,823
Dollar Volume: $93,344
Open: 0.2014
High: 0.2699
Low: 0.2014
Trades: 31
Authorized: 500,000,000
Issued and Outstanding: 100,013,864
14-Day Rel Strength: 34.84%
1st Resistance Point: 0.2721
1st Support Level: 0.2036
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From a “wishful thinking” point of view, International Display Advertising has some serious potential when you think that 15 years ago, who would have thought of putting print ads above the urinals of every busy resto-bar? Claiming to be in he process of potentially signing multiple LoI’s to further delineate their 2013-2014 strategic sales and marketing plan directed at large restaurant and bar chains, how about getting some bookable assets before putting the cart in front of the donkey.
As of June 30, 2013, the Company had total assets of $0 – the same amount as they had as of December 31, 2012 when they were still Eco2 Forest. During the course of the first 6 months of 2013, they managed to issue 43,750,738 shares of IDAD stock for services and another 56,250,000 for international marketing rights.
But then again, one who jumps into IDAD stock tomorrow prior to it getting pummeled into the teens must consider that, since May, International Display Advertising has been preparing to capture their portion of the $9 billion global Digital-Out-Of-Home market. So next time you’re at a restaurant and you’re looking at that old-version of advertising, where the printed picture of the $6.99 apple-pie dessert would look s much better if it was digitized, think back to tomorrow when you could have had a chance to lose money on IDAD stock.
About IDAD Stock
International Display Advertising, Inc., fka Eco2 Forests Inc. (ECOF), is a development stage company hoping to one-day get their proprietary interactive digital media into the advertising market, engaging consumers in destination locations like restaurants, bars, hotels and other consumer venues.
Click here to view the financial filings for IDAD on OTCMarkets.
Click here to view the website for International Display Advertising.
Last 5 Trading Sessions:
Date | Open | High | Low | Last | Change | % Change | Volume |
09/24/13 | 0.2014 | 0.2699 | 0.2014 | 0.2389 | +0.0049 | +2.09% | 404,800 |
09/23/13 | 0.2399 | 0.2536 | 0.2121 | 0.2340 | -0.0149 | -5.99% | 286,100 |
09/20/13 | 0.2500 | 0.2548 | 0.2000 | 0.2489 | -0.0011 | -0.44% | 559,700 |
09/19/13 | 0.2230 | 0.2700 | 0.1500 | 0.2500 | +0.0420 | +20.19% | 499,300 |
09/18/13 | 0.2600 | 0.2600 | 0.2080 | 0.2080 | -0.0470 | -18.43% | 275,300 |
Bottom Line:
For penny stock traders who pay close attention to detail, anytime the payer of a promotion is StockMister LLC, there is little to no chance that a trade can be placed while there is daylight whereby a profit can be made. Look for the dead-cat bounce of IDAD stock around 10:30AM if you are truly desperate for a high-risk trade tomorrow. IDAD is a “donkey punch” in the making.
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