H & H Imports, Inc (OTC:HNHI) spiked 130% to trade at $0.23 on an unusually high volume of 950.192K shares as compared to its average daily trading volume of 28.163K shares after Curtis Jackson, p/k/a “50 Cent.” 50 Cent started tweeting about the Company’s new line of Sleek Wireless Hybrid and Tunable audio products which 50 Cents is himself endorsing.
Shares of the Company jumped a massive 355.56% in the last two trading session after the release of the news on Thursday. Shares that opened at $0.45 were trading in the range of $0.20-$0.45.
The Company that had acquired worldwide marketing rights for its new product line believed to be designed by 50 and engineered by Sleek and will be the first headphones ever to offer ‘Wireless Hybrid’ technology with military-grade metals. The endorsement will be personally carried out by Curtis, having an ownership interest in Sleek, through his company G-unit.
The big news came out on Thursday when 50Cent started tweeting- “HNHI is the stock symbol for TVG sleek by50 is one of the 15 products this year. If you get in technically I work for you. BIG MONEY”
“HNHI is the stock symbol for TVG there launching 15 different products. they are no joke get in now.” “You better get in now TVG I`m never saying this again. Watch how this company blows up.”
50 Cent who is the most popular and successful rappers had previously sent the shares of Vitamin Water soaring by investing in it.
The product will be sold under the trademark Sleek By 50 Cent(TM) the motto of which will be “Escape into Your Music.” Also, the Sleek by 50 Cent Platinum headphones utilize Kleer lossless wireless technology, with a 60 foot range and a micro-USB rechargeable battery. The headphones will be unveiled at the January 2011 Consumer Electronics Show (CES) in Las Vegas by both the partners.
Some of the features offered by the new product include wireless system that would allow user to listen to lossless, 16-bit sound quality with 60 feet of range, 2.4GHz. signal; synchronization of up to 4headphones to one media player with no degradation to sound quality; having detachable cables enabling the users to experience wired or wireless use of headphones, minimal battery drain from media player and etc.
“The technology they employ and their knowledge of how we hear truly blew me away. It was a perfect match. I didn’t want to just create another pair of loud headphones; I wanted to create headphones that offer top-level performance, style and new technology. Teaming up with Kevin Harrington and TV Goods as our exclusive marketer/distributor will enable us to go head to head with market leaders and beat them in the battle for the hearts, minds and heads of music listeners everywhere” added 50 Cent.
50 Cent will be touring in Europe beginning February 2011 and will be tying in appearances in support of the product during his tours. Sleek also plans to launch a contest involving 50 Cent and the products.
H&H Imports, Inc. is the parent company of TV Goods Holding Corporation. TV Goods Holding Corporation is a direct response marketing company.