The buzz around trading desks on Monday was the amazing move in shares of Peoplesway.com Inc (OTCMKTS:PLWY). Looking on the OTC Markets page for PLWY, things don’t look good. There hasn’t been a press release since 2014. OTC Markets has given the stock the skull & crossbones. As a result, quotes are no longer displayed by OTC Markets. So what happened with PLWY?
According to Yahoo! Finance, Peoplesway.com Inc. develops and sells wellness products. It offers weight management, pain relief, skin care, and bio-identical hormone replacement products, as well as supplements. The company provides Pro-HM, a solution for hormonal imbalances in women; Pro-MC, a hormonal product for men; ProTec, an antioxidant supplement for protection against free radicals that destroy cells; and ProTrim, a dietary supplement. It also offers Oil of Mink that prevent fine lines and wrinkles in men and women; and Pro-GCM Plus and Pro-GCM, which are joint protection products. The company also sells its products online. Peoplesway.com Inc. was founded in 1980 and is headquartered in Charlotte, North Carolina.
Last Press Release
The last we heard from the company was on July 9, 2014, when the company completed the acquisition of 100% of Idea WebCatcher Holdings, Inc. Under the terms of the agreement, PLWY acquired 100% of the stock of Idea WebCatcher, its business model, customer list, potential client lists, projects in process and all other intellectual property. Idea WebCatcher will continue to operate under the same name as a wholly owned subsidiary of Peoplesway. Chairman Donald Monroe said at the time:
“We believe in the results that we can achieve with the projects that are currently in review and those being considered and that they can generate millions of dollars in revenues over the coming months. We will move as quickly as possible to fully implement the full business plan envisioned for Idea WebCatcher. We encourage anyone with the next great cloud or web-based idea to submit them for review and consideration.”
With no news from the company, the only other explanation is a stock promotion and that’s exactly what happened. About 8:00 am New York time on Monday, a series of emails hit our inboxes. Here’s what the email said:
The BIGGEST RUNNER IN PENNY STOCK HISTORY IS GOING TO BE …………………………
There are 2 major factors that are going to Catapult PLWY from $.01125 to perhaps $1.00+ ( Once PLWY touches a DOLLAR , thats 10,000% returns ) within weeks .
1) There is a MASSIVE short position in the stock . Out of the 40,000,000 shares in the float ….. 37,000,000 have been shorted ( Our goal is to trap the shorts & create a MASSIVE SHORT SQUEEZE & force the shorts to buy our shares back at a premium above $.50+ ) Make sure you buy all the PLWY you can under $.05 to lock in at the very least 1,000% GUARANTEED PROFITS ( Ultimate Goal is for you to profit 5,000%+ ) !!!!!
2) PLWY is going to be the worlds first #CBD Multi Level Marketing ( MLM ) company . The products to be launched will be CBD oil , CBD gummies , CBD cream and CBD infused water ….
PLWY is priced at $.01125 right now and by Tuesday it will be trading above $.25 once I alert it via twitter …. PLWY will be the hottest stock on the PLANET for a very long time based off all the POSITIVES going for it …. 1) The short squeeze & 2) The Revolutionary CBD products ….
Make sure that you put your BUY order in RIGHT NOW so you are able to get shares at or around the $.05 range so you can lock in at least 1,000% in profits when the price hits $.50+ .If you are lucky enough to get shares around $.05 , I want you to turn your $10,000 investment into at least $100,000+ ….For example … 200,000 shares bought at $.05 would cost $10,0000 . Once the word gets out about PLWY , the stock will be trading above $.50, and if you decide to ” take profits ” , you will make at least $90,000 in profits . If you are able to purchase shares at $.02 , $.03 or even $.04 , then that only means you will make even more profits ……More power to you if you are LUCKY enough to get shares under $.05 Monday March the 11th.
First, the rally in PLWY is a combination of the promo emails and a major short position in PLWY creating a massive short squeeze. That is the first thing that happened. Second, is the company getting into the CBD business? There has been no official filing from the company with OTC Markets. OTC Markets has the company listed as dark and defunct. With that being said, we can only take the CBD information as a rumor and nothing more.
Lastly, what is an investor to do? If one was able to buy in early and is profitable, we urge booking profits because once the promo emails run dry, look for the inevitable dump. In the meantime, best off playing the momentum while it lasts.
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Disclosure: We have no position in PLWY and have not been compensated for this article.
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