Superior Venture Corp (OTC: SVEN) is AwesomePennyStocks (APS)

APS New Pick SVEN Stock is exploding on the OTCBB!

Update: SVEN has been halted and is not trading. I will update here as more information becomes available.

SVEN has collapsed through all support levels and now trades well below a dime. This shatters any hope of this latest APS pick having anywhere near the success of even TAGG. So why did TAGG drop so fast? Surely APS was smart enough to start off with a clean shell where they had a measure of control of the free trading float just like on their last pick TAGG. Surely they would give SVEN every chance that TAGG had, after all their reputation was on the line.

What happened was out of APS control in my opinion; the stock was attacked by the ever increasingly aggressive short position, known in traders circles as the “short ball wrecking crew.” (they are made up of a mix of marginal MM’s, accredited investors and investment houses) They make their bread and butter shorting these big promo plays with little if any real fundamentals behind them. TAGG managed to make big gains but in the end the short position won. This time around on SVEN they were much more confident and stronger and were not prepared to wait around for months before they got their payday. In today’s market it is becoming increasing difficult for the these big promo groups such as APS, Victory Mark or SMA. The shorts are on to them now.

Technically damaged SVEN flounders well under a dime and the question remains; will APS put more $ into the promotion and give the stock another push? Or will they just drop it here, considering the disaster it has turned into? Even if they push it again I doubt they get it over $0.15 and even that would be temporary.

To get the inside scoop on SVEN subscribe to OTCMagic.com right now. Also everyone should know, we have something HUGE coming!

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Superior Venture Corp (OTC: SVEN) hit the OTCBB at the end of November at around $0.14 per share and quickly exploded from there on the AwesomePennyStocks (APS) alert. In typical APS style SVEN traded $35 million in dollar volume its first day out and has been leading the bb's in volume since.

The number one question that everyone is asking; is SVEN a real long term APS pick that they will support and take higher or will this one collapse just as fast as it rose? Now that we are several days into the promotion it definitely looks like SVEN is here to stay! There are also several things about SVEN that are encouraging here; first off its fully reporting OTCBB, something that all APS successful picks have in common and also just as importantly APS has put the SVEN banner on their homepage, a very positive indicator for SVEN.

The news is encouraging; On December 4 SVEN announced through its wholly owned subsidiary Ilustrato Pictures Limited that they have reached a breakthrough agreement with Wuxi Studios to co-develop a USD $15 million motion picture for both the domestic Chinese market, and the oversea international market.

 

Current share structure:
Briand Hammond 115,000,000 (restricted)
Harry Sutherland 90,000,000 (restricted)
Star Trend International Limited (HK entity):15,000,000 shares 
Manantial Salino SA (Panamanian Entity): 15,000,000 shares 
Annonymouse Seed Shareholders: 157,850,000 shares (free trading)
 
 
The Annonymouse Seed shareholders are controlled by APS so Basically APS has somehwere between 157,850,000 free trading shares that they plan to liquidate into this promotion. While SVEN has no cash, $0 revenues and a history of losses the stock currently trades at a market valuation of well over $100 million.  APS is certainly not short on promotional material here stating in a recent email "#5 we are hearing rumors that SVEN could be working with Chinese Superstar like Jackie Chan, Jet Li and Chow Yun Fat! if true, SVEN could see its value skyrocket in a heartbeat!
 
Conclusion: APS pick SVEN has exploded on massive volume since AwesomePennyStocks announced it as their pick. While many APS investors are still very cautious here SVEN is holding the $0.30 level well and many things about this stock are very encouraging. It looks like APS is going to support this one so we wait for evidence of a hard mailer campaign and/or continued promotion by Flip Ventures LLC and a breakout from current levels.
 
Long term we all know SVEN will trade for a nickel or less, short term it could go much higher. Smart investors know that stocks such as SVEN are short term speculation trades at best and highly risky. Already SVEN has been designated with the Skull and Crossbones from OTCMarkets. Considering the underlying Company has no fundamentals and the stock continues to trade $5 to $10 million in daily trading volume, anything is liable to happen.
 
 
Superior Venture Corp
Brian Hammond, CEO
Harry Sutherland
superiorventurecorp.com
 
STOCK INFORMATION
SYMBOL: OTC: SVEN
Shares Outstanding 507,850,000
Market Cap: $50,023,225
 
Superior Venture Corporation (OTC: SVEN)  was incorporated in the State of Nevada on April 27, 2010 under the same name. Since inception, Superior Venture Corporation has not generated revenues and has accumulated significant losses.
 
According to their website Superior Venture Corp. is a public company that has created an unprecedented opportunity to tap into the Chinese domestic motion picture industry through its wholly owned subsidiary is Ilustrato Pictures Limited, an international movie development and production company.
 
They go on to say that The Chinese movie industry has been the fastest growing film market in the world over the last fifteen years. Growth has averaged from 25 to 42 per cent per year, making China the second largest market in the world. Domestic Chinese box office receipts have increased from US$240 million in 2005 to over US$2 billion to date in 2012.

Another Interesting article on APS pick here: SVEN

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

One Response to Superior Venture Corp (OTC: SVEN) is AwesomePennyStocks (APS)

  1. Pingback: World Moto, Inc. (OTC: FARE) Its All About AwesomePennyStocks (APS) | OTCMAGIC

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