Carbon Credits International (OTC: CARN)
Since our initial alert of $0.0053, CARN has been showing HUGE strength and bullish momentum with a solid close Friday at key price levels of $0.01. This opens up the door to a large group of investors which are prohibited in trading sub penny stocks. This could definitely create added momentum for next week.
The following price evaluation is based on technical indicators for short and long term trends and has been provided by a third party (Direct Global Media). This will also be distributed to a large international investor base this weekend and could bring some heavy hitters into the market next week!
The company (CARN) recently updated Otcmarkets.com confirming a small float of 40M
CARN Security Details
Share Structure
Market Value1 $514,018 a/o Apr 25, 2013
Shares Outstanding 63,150,865 a/o Apr 26, 2013
Float 40,677,655 a/o Apr 26, 2013
Authorized Shares 100,000,000 a/o Apr 02, 2013
Par Value 0.0001
Shareholders
Shareholders of Record 144 a/o Apr 05, 2013
Corporate Actions Ex. Date Record Date Pay Date
Security Notes
•Note = deleted from NASDAQ on 08/16/07
•Capital Change
Share Structure
Market Value1 $514,018 a/o Apr 25, 2013
Shares Outstanding 63,150,865 a/o Apr 26, 2013
Float 40,677,655 a/o Apr 26, 2013
Authorized Shares 100,000,000 a/o Apr 02, 2013
Par Value 0.0001
Shareholders
Shareholders of Record 144 a/o Apr 05, 2013
Corporate Actions Ex. Date Record Date Pay Date
Security Notes
•Note = deleted from NASDAQ on 08/16/07
•Capital Change
Technical Price Evaluation Source: Direct Global Media
Chart this week showing 2 clear “blue” sky breakout levels.
The 1st “Blue Sky” breakout level of $0.03 (500% potential gains) was once the price support level last year (2012). CARN recently broke through it’s level 1 resistance price of $0.006 when we alerted it on Thursday. This was clearly a strong indication that CARN is ready to move to the next level and where we see prices gravitating towards the $0.03 price point. With continue momentum and stock exposure, this goal could be met.
Looking at the 2nd “Blue” Sky breakout level of $0.20 (3,600% potential gains), this represents CARN‘s highest trading level last year. Once the 1st breakout level is breached, prices are set to now gravitate towards this $0.20 price point. But will be based on several conditions:
The company progresses with their business plan,
Continuous company updates with key contract and revenue base news
Minimal dilution to company stock structure.
If these conditions are met, technically prices should gravitate towards this 2nd long term price point of $0.20
Continuous company updates with key contract and revenue base news
Minimal dilution to company stock structure.
If these conditions are met, technically prices should gravitate towards this 2nd long term price point of $0.20
We look to Direct Global Media for a detailed valuation based on Fundamentals of the company to derive short term and long term targets. We expect Direct Global Media to provide this detailed research report next week after compiling current information and market potential.
We will update our members when Direct Global Media research report is available – no doubt this report by Direct Global Media could add a new level and new trading group to take advantage of CARN’s potential.
