Shares of Face Up Entertainment Group Inc. (OTC: FUEG), a reality gaming social network company, plunged in trading today.
FUEG shares ended the day 27.78% lower at $0.260 on above average volume of 590,748. The stock fell to an intra-day low of $0.23. Despite the losses in trading today, FUEG shares have gained 100% in the last five trading sessions.
FUEG shares slipped today even as the company announced the appointment of Alan Wiley as its Director of Leagues and Affiliates Marketing and Support Programs. Wiley has spent the past six years with the World Poker Tour Amateur Poker League (WPTAPL). He brings significant experience to FUEG.
At FUEG, Wiley will oversee poker league play. He will also work with the ever growing list of affiliates and relevant Affiliate Networks.
Felix Elinson, CEO of Face Up Entertainment, said that Wiley has been a driving force, innovative leader, and influential decision maker with WPTAPL. Elinson said that Wiley has created many programs that benefited investors, venue owners, staff, and league members and his understanding of both domestic and international distribution channels encompasses retail sales, wholesale, direct sales, day to day operations, and management in various markets across the U.S., Canada, Puerto Rico, United Kingdom, Mexico and Australia.
Shares of F3 Technologies Inc. (PINK: FTCH), a provider of entertainment social network platform, continued to rally in trading today.
FTCH shares ended the day 33.33% higher at $0.0004 on above average volume of 321.86 million. The stock has now gained 100% in the last three trading sessions. Despite the recent gains, FTCH has fallen 50% in the last three months.
FTCH’s recent gains could be due to some stock promotion activity as the company has not made any major announcement in the last few days.
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