Has Stock Awareness Efforts Generated Results for Petrosonic Energy Inc (PINK:PSON)

Las Vegas, NV -- (SBWIRE) -- 02/07/2013 -- Petrosonic Energy Inc (PINK:PSON) seems to be moving again in an upward trend which could result in strong rally. The stock has gained more than 35 percent in today’s session to close at $0.649. The traded volume stood at 435,390 shares as compared to its average volume of 453,073 shares per day.

Looking at its price history the share price saw resistance at $1.12 in last one year while strong support was seen at $0.18 in last 52 weeks.

Petrosonic Energy Inc also hired Ormont LLC last month for investor awareness efforts and corporate communications. The current surge also be result of Ormont LLC’s efforts.

The company also generated $3.1 million in equity financing with a group of strategic retail and institutional investors. The company initially planned to generate the funding of $1.5 million but on overwhelming response ended up with $3.1 million. Petrosonic also expect revenue from its emulsion processing in the current quarter.

To find out what OTCMAGIC projects for Petrosonic Energy Inc for both short term and long term please click here: PSON

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