Thrive World Wide Inc. (PINK: TWWI), a provider of marketing services, has seen a sharp rise in its shares in trading today.
At last check, TWWI shares were trading 75% higher at $0.0035 on above average volume of 7.10 million. The stock is now up more than 105% in the last three trading sessions.
So what has sparked the huge rally?
The huge activity in TWWI shares is likely due to some stock promotion activity as the company has not made any major announcement in the last few months.
According to a filing made by Thrive World Wide in March, the company did not generate any revenue for the three-month period ended December 30, 2011. TWWI’s net loss for the three-month period was $149,000, up from $137,000 reported for the three-month period ended September 29, 2011.
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