Welcome to the new paid and free subscribers that have joined this week. There were no new additions in the Paid Promotion Hall of Shame this week. I added a second chart, which shows the percentage returns on a weekly basis after the promotion was conducted.

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There were three paid promotions out this week. Biotricity $BTCY had $80,000 in paid promotion spend on Monday and Tuesday through four different paid promoters. Kubient $KBNT had a solo paid promotion Wednesday. Star Alliance $STAL was promoted by two promoters.

The whole paid promotion group was rocked last week as the overall market continued to sell off and was somewhat saved with a bounce back day on Friday. Mainz Biomed $MYNZ led the losers down 44% after executing a secondary offering. $URYL closed down 42% for the week, $SVFD sold off after last weeks rally down 25%, $AUTO was off 19%, $USAU closed down 17%, $HOTH continues to get crushed down another 16%, and last week’s promotion in $DATS and $IMMX closed down 16% and 13% respectively. The paid promotions have been an excellent source of short idea generation especially as the broad markets roll over.

$GRIL and $STAL were the only stocks who closed up on the week.

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News and Filings:

$BTCY announced they received 510(k) clearance from the FDA for its Biotres Cardiac monitoring device.

$MYNZ closed their secondary offering of 1.725M shares at $15.00 per share for proceeds of $25,875,000.

$USAU issued a CEO update on their project advances.

$BSGM announced the issuance of a new US Patent for claims covering their Pure EP technology.

$PBIO announced a milestone for their Ultra Shear Technology: Production Scale System commissioned at Ohio State University to serve the food industry.

Teasers for tomorrow:

Teasers from two different promoters who will have new promotions out tomorrow morning at the bell. I am kind of curious who the company might be based on the information in the teaser.

IPHawk

The Paid Promotion Weekly Wrap Up January 30…