Dallas, Texas 11/15/2013 (Financialstrend) – Investors in the penny stock of the $1.14 million market capitalized Aden Solutions Inc (OTCMKTS:ADSU) saw their already diluted holding hurtle further down by a huge 24.5% from its previous day close. Trough the entire day’s trading the stock was trying to sustain itself between the $0.01 and $0.02 per share and not slip to levels which would in turn make the share holdings valueless. This fall yesterday was following a 72% dip in its valuation during trading on November 12.
Readers who are keen to know the business of Aden Solutions Inc (OTCMKTS:ADSU) should know that this still a “development-stage” boutique firm. Its business model revolves around the services it can provide to all cross sections of the travel industry. It concentrates on the luxury travel sector and offers conducted tours and travel services to luxury hotels on a retainer basis and to traveling tourists on a case by case basis.
Aden Solutions Inc (OTCMKTS:ADSU) also tries to offer services which distinguishes it from other hotel industry service providers. These differentiating services include planning and co-coordinating holiday activities like trekking and sightseeing, arranging for tickets for activities like movies, theater and sought after sports events. Hotels also off load the arrangements of conferences and seminars and corporate retreat programs to this company for a small consideration.
Last Three Months Stock History
The stock in the past one month had managed to gain substantially to post 12 week highs of $0.05. The bullishness in the stock was driven by perceived improvement in the company’s prospects during the holiday season which would entail a pick up in the hotel industry. Looking back further, over the past three months had gained a significant 175.75% which it has managed to shed during the past two weeks. Over the past 52 weeks, the stock had managed to raise to only $0.24 per share.