Preventia (OTC: PVTA) surged 408.2% in share price today, continuing the stock’s respectable rally, and closed at a share price of $0.681. With this result, Preventia stock has achieved a 6710% gain since New Year’s Day. Volume of the stock was also up at 6.84 million shares, bypassing its average of 40,135.
Preventia has been promoted by several newsletters. For instance, Best Penny Newsletter has promoted Preventia and is expecting to receive a compensation of $100,000 from a third non-affiliate party. There are four results found on stockpromoters.com regarding the stock promotion of Preventia. According to @pennystock24, both Market Bulls and Bull Exchange promoted Preventia today.
Today, July 9, 2012, Preventia announced a License Agreement with Private Trading Systems PLC granting Preventia a worldwide and exclusive license. The term of the license is five years and Preventia has an option to renew for two additional five-year terms.
Empowered with the license and the strength of the U.S. Patent, Preventia intends to: Develop, market and distribute a number of financial products for dematerialization and electronic trading, and grant sub-licenses and otherwise enter into agreements for use of the System and the proprietary electronic trading platform; License the System to those companies that desire to run their own electronic trading operations; and take such other steps as are necessary to ensure that PTS UK’s proprietary System and System IP are properly and adequately protected and otherwise enforced.
Despite Preventia stock’s respectable performance in 2012, the company has barely issued a press release except the news today.
Preventia was incorporated on April 9, 2010, and is headquartered in Toronto, Ontario, Canada. It is a development-stage company focused on working with corporate clients to develop, market and distribute financial products, occupational and brain training products for dematerialization and electronic trading.
The company operates an electronic trading platform and builds software tools for occupational and brain health and performance.
Preventia is in the process of designing a series of computer-based exercises developed for adults and children to improve working memory capacity. Preventia is in the process of developing a product group for corporations and an on-line version for individuals. Preventia will focus on aiding children with learning disorders by providing them with structured lessons to enhance their academic performance and remedy symptoms associated with learning disabilities.
As of December 31, 2010, the company had not engaged in any material operations nor generated any revenues.
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