DoMark International Shares Avalanche, Dramatic Fall Continues (DOMK)

The turbulent journey for DoMark International (DOMK) continued today as the company experienced one of its worst trading day yet, falling a dismal 22.71%. The drop is surprising for a multitude of reasons. To begin, the company just announced on June 1st that its wholly-owned subsidiary, Solawerks, had received its first shipment of the highly anticipated new product, the Solapad. The product, a ‘revolutionary’ new solar power battery pack that is compatible with all current and future versions of the Apple iPad, is one of the first of its kind and has already received positive critical assessments from the technology community. However, not even such a promising announcement, trading has stagnated for DoMark International.
The beginning of May was one of the best share price performance period for DoMark International. Between May 4th and May 8th, the company’s stock rallied an impressive $2.49, a staggering achievement for such a small business venture. The penny stock remained above the $4.00 mark for a few days before beginning to fall on May 11th. The first announcement for the Solapad came on May 15th and included a statement indicating that all packaging was nearly complete and that the product would be ready for shipping by the end of the month. Some analysts wonder if this was done too early and as a way to salve off the initial fall. Not surprisingly, the stock rose close to 10% the following few days, before once again tapering off.

Then, between May 15th and May 31st, DoMark once again saw its stock skyrocket. In the intervening time, the company announced the appointment of a new president, Brent Strasler. Strasler replaced Michael Franklin, who agreed to remain on as an advisor to the Board of Directors. The company saw one more increase on May 31st of close to 5%, reaching a market value of $3.05. However, it was also reported by that during this time the RSI for the company was only 59.04, a strong indication of stocks being undersold. The combination of these two factors – the transition period between two presidents and the notion of undersold stocks – played a major role in the monumental collapse that began the following day on June 1st.

DoMark International is a marketing and management company that focuses on owning, developing and marketing numerous products. Interestingly, as reported by the New York Times, Mr. Strasler has a strong financing history, including twenty years of experience in both the private industry and public capital markets. Upon joining the company, Mr. Strasler immediately set up a new comprehensive business plan that included the financing of assets in a more direct way. Such immediate and impactful changes never bode well for the stock exchange, which may explain why DoMark has fallen so significantly in June. Also, it is important to consider the type of industry DoMark is trying to be competitive in – the consumer-technology market. In such a fast-paced and quickly changing environment, even the most subtle of changes can create ripples of doubt and scrutiny.

Moving forward, the success of the Solapad remains extremely important. If the product comes off without a hitch as it is supposed to do, and if the new president can refinance the assets in a more profitable way, then this fall from grace should just be another interesting node in DoMark Internationals long and inconsistent journey.

For consideration of being featured on WallstreetPR, contact:

Please make sure to read and completely understand our disclaimer at FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any content posted on our website is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. WallStreetPR strongly recommends you consult a licensed or registered professional before making any investment decision. Neither nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor (IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization. WallStreetPR often gets compensated for advertisement services that are disclosed on our disclaimer located at

Published by Donna Fago

I believe in writing content Informing investors with the knowledge they need to invest better today- I have been following the markets for many years and was asked to join the team at recently due to my passion for the markets.