Penny Stock Exposure » numbers

Talon Therapeutics, Inc.(OTC:TLON) Stays Above the MAs

StockFrontRunners — Tue, 29 Mar 2011 18:03:02 +0000

Last Friday, Talon Therapeutics, Inc.(OTC:TLON) broke through the recent resistance marks and closed at the session’s high of $0.59. Apparently, that was the market’s reaction to a PR announcing the upcoming release of the financial results.

The promised 10-K was released yesterday and TLON gained 13.56% more, closing at $0.67 on 602 thousand shares. Here are some numbers from the report:

$4,573,254 in cash
total current assets of $22,894,900
total current liabilities of $6,053,769
total liabilities of $35,242,631

As stated in the report, the company hasn’t generated any revenue for 2010, recorded a net loss of $26 million and “…expects such losses to continue over the next several years”.

While the numbers above and the perspective of recurring losses could scare a lot of investors off, there are those who find them satisfying as the trading activity suggests. Traders should also note that the company is engaged in a field with good potential for funding and growth.

According to Steven R. Deitcher, M.D., President and CEO of TLON, the company will continue to focus on submitting a New Drug Application for accelerated approval of Marqibo

Genesis Electronics Group, Inc.(PINK:GEGI) Targets Both Customers and Traders

StockFrontRunners — Thu, 10 Mar 2011 19:20:19 +0000

After the seemingly eternal stock free fall, Genesis Electronics Group,Inc. (PINK:GEGI) is trying a different approach these days. Main key to success here, on both operational level and the stock market, is sales. This year Genesis might be taking the right steps to achieve growth, although obstacles with reporting and limited financial capabilities still burden this young and innovative company.

Intellect Neurosciences, Inc. (PINK:ILNS) Stock Shot Up to Fall in Today’s Battle

StockFrontRunners — Wed, 09 Mar 2011 21:09:13 +0000

Today, in the beginning of the trading session Intellect Neurosciences, Inc. (PINK:ILNS) stock fell heroically pierced by the sword of the bullish investors’ mood. Against yesterday’s huge price spike, today stands a 20% shares’ depreciation.

Yesterday, ILNS doubled its value on the released by the company news related to an obtained new patent. Was this a real milestone for the share price revitalization, or was it just a short term investors’ price appreciation?

The obtained new patent from the United States Patent and Trademark Office related to the company’s RECALL-VAXTM technology platform evoked a share price soar of 94.44% between the trading sessions.

The most impressive part of yesterday’s explosive trading day for ILNS was the share turnover. More than 339 million shares changing hands exceeded more than thirteen times the daily average volume for ILNS.

The press release from yesterday was a real stimulus to support a share price increase, if considering the announced by Intellect Neurosciences, Inc. last month not so optimistic financial statements and the last over-optimistic news.

At the end of December 2010, Intellect Neurosciences, Inc. reported total assets of $310 K to cover $14.9 M of total liabilities.

The most engrossing in this numbers is not the amount of the company’s unpaid bills for $3.6 M and derivative instruments for $10.78 M.

The unpretentious amount of $308 K, representing the company’s cash and cash equivalents, and the $2 K valued deposit are really of meaningful. Their aggregation presents the company’s assets, or in other words, all that is worthy not only for ILNS, but for its holders.[BANNER]

And maybe with a day delay, investors started to look in details the above small amount. The company stated that it has “significant intellectual property assets, which include several patent families”.

Unfortunately, as of the end of the last year in the company’s modest total value of assets there was no penny booked for the above “significant intellectual property assets”. Further more, neither the company, nor any of its licensees have obtained regulatory approval for the sale of any product candidates.

So, there is nothing strange that today the stock of Intellect Neurosciences, Inc. fell heroically pierced by the sword of the bullish investors’ mood.

m-Wise, Inc. (PINK:MWIS) In the Sights of Vringo, Inc.

StockFrontRunners — Wed, 09 Mar 2011 18:10:54 +0000

What happens when an OTC traded company receives attention from a company traded on the AMEX? In the case of m-Wise, Inc. (PINK:MWIS), the result was a nearly fivefold blastoff in a single day.

To be more accurate, MWIS gained 471% during yesterday’s session, and closed at $0.0571 on unprecedented 9.58 million traded shares. Very often companies on the tier of MWIS make mind-boggling moves for no apparent reason. This, however, is not the case here.

The obvious reason for this stellar performance is the announcement of a letter of intent (LOI). Most of the time LOIs are not a solid base for a serious move up, but this time the LOI is not from an obscure “leader”. Instead, it comes from Vringo, Inc. which in not only a real company, but one that is traded on the AMEX and reported a positive working capital in excess of $5 million as of September 30, 2010.

MWIS is a technology provider for mobile operators, wireless ASPs and large content and media providers. Mergers and acquisitions in the technology sector have been on the rise for some time now, and while the numbers in the latest quarterly report of MWIS are not extremely impressive, there is something about MWIS that got the attention of Jon Medved, CEO of Vringo, Inc.[BANNER]

Investors should still keep in mind that a LOI is non-binding and the actual acquisition depends on a number of factors. If for some reason the acquisition doesn’t happen, the price of MWIS could potentially get hit really hard. Additionally, until a deal is made and finalized, the real effect on shareholders cannot be certain, as pointed out in this post, and many others.

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Is the Flight for Insite Vision Inc.(OTC:INSV) Over or Simply at Pause?

StockFrontRunners — Tue, 15 Feb 2011 15:40:15 +0000

It has been a fabulous February for Insite Vision Inc.(OTC:INSV) so far. Traders continue to flock around this stock on the market, pushing for new highs in the price levels. There have been no promotions, neither have there been any major announcements this month. Yet, if it wasn`t for yesterday, the 100% up were almost certain to appear.

Wisebuys, Inc. (PINK:HCKI) A Pizza Place Going Public?

StockFrontRunners — Tue, 15 Feb 2011 14:44:18 +0000

A lot of people love their pizza hot. Similarly, a lot of traders like their stocks hot. Just how hot is Wisebuys, Inc. (PINK:HCKI)?

After driving HCKI into a steep financial situation, Thomas Scozzafava, CEO of Seaway Valley Capital Corporation (SEVA), sold the majority stake the company had in Wisebuys, Inc. The buyer turned out to be Maury Peters, the proud owner of Mariano’s Pizza.

It’s not clear what profit this pizza place brings, but it should be a pretty hefty sum, having in mind these are the numbers in Wisebuys’ latest quarterly report:

Total current assets – $1,202,966 ($49,984 cash)
Total current liabilities – $13,359,941
Total liabilities – $23,221,645

Mr. Scozzafava is not the most well-liked person, and although some people had hoped he was out of the company the otcmarkets site shows he is now an ‘advisor‘ in Wisebuys. This may have something to do with the upcoming dividend HCKI announced yesterday after the close. The dividend will consist of shares of HBWOD and SEVA. Both companies are not reporting to the SEC, have the red stop sign on the otcmarkets page, and list Mr. Scozzafava as their CEO. To add some oil to the fire, someone paid 100 million shares for a promotion of HCKI.

If Mr. Peters finds a way to work through the enormous debt of HCKI and manages to turn his pizza place into a chain, it is still possible the company could actually bring some profit for the shareholders.

Before traders decide how hot HCKI is and whether they want a slice, it would be wise to do some more due diligence, although the idea of having shares of a publicly traded pizza place might hold some appeal of its own for some investors.

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Suspiciously Low-Priced, Hiru Corp. (PINK:HIRU) Sets Up Yet Another Surge Opportunity

StockFrontRunners — Wed, 09 Feb 2011 14:30:19 +0000

Imagine someone offered you a Malibu beach house for $100 thousand, or a brand new Bugatti Veyron for $200 thousand. Most probably, you would say to yourself “This is way too good to be true!”

This is what you could think looking at Hiru Corp. (PINK:HIRU). Yesterday, the stock went 29.63% up and closed at $0.0035 with a decent volume too. Most of the trade happened after a press release by the company, shortly before the market closed. There are also several paid promotions, which could help get a lot of eyes on HIRU today.

There are some facts, however, that seem suspicious. The current market cap of the company is approximately $3.6 million. What makes this number a bit strange, are some numbers in HIRU’s most recent quarterly report for the period ending September 30, 2010:[BANNER]

Revenue – $5,372,250
Total assets – $8,965,263
Total liabilities – $3,367,810
Net profit $534,679

Such figures would suggest a much higher price, and they are not new either. The reasons for the seemingly low price could be different. Maybe investors haven’t seen the reports, although this wouldn’t make much sense, or perhaps they just don’t trust the numbers in them. The policy of HIRU to publish unaudited financial data doesn’t help the credibility situation.

On the other hand, if the data provided in the financial reports accurately reflects the real situation of the company, HIRU could really be huge. If investors get in at current price levels and the company manages to prove it is in fact as healthy as reports and PRs present it to be, the theoretical gains would be mind blowing.

Putting out a lot of positive announcements doesn’t necessarily bring more transparency. Nevertheless, there is a very strong possibility that the rise, which began yesterday, will go on this session, not only because of the PR. Another impressive number around HIRU is the $230 thousand paid for one of the promotions. If it isn’t a mistake, this compensation alone could easily move the price further up.

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Savvy Management Trying To Get More Attention on Innovative Food Holdings, Inc. (OTC:IVFH)

StockFrontRunners — Mon, 07 Feb 2011 14:46:59 +0000

Before the U.S. applied a 300% tariff on Roquefort cheese from France, one man was really ready to cash in on the situation, having stocked up on 2 thousand pounds of the delicacy.

That man was Justin Wiernasz (on the right), President of Innovative Food Holdings, Inc. (OTC:IVFH). While he had definitely demonstrated a great understanding of the Roquefort market, Investors seem somewhat unwilling to trust the future of their money on the success of IVFH. The stock has been mostly moving sideways these days, as can be seen on the chart.[BANNER]

One possible reason for the lack of interest in the company is the other man in the photo, Sam Klepfish, IVFH CEO. It seems some shareholders are not particularly pleased with the decisions of Mr. Klepfish. Especially this iHub poster who claims he is a part owner of the company. The latest 10-Q does give some reason for concern:

Total current assets of $903 thousand versus total current liabilities of $7.3 million
At September 30, 2010, convertible accrued interest was $809,180 which is convertible into 158,105,360 shares of common stock. (202,385,103 shares outstanding at September 30, 2010)

Currently, the company is promoted and part of the payment is in restricted shares, which could potentially result in further dilution, albeit nowhere nearly as big as the convertible debt.

Although the possibility of a huge dilution due to the convertible debt should be enough to keep a lot of investors away from IVFH, if the company manages to find adequate financing and keep being profitable, there is a real chance shareholders will get some appreciation for their patience.

Possible theoretical developments aside, it seems the management is failing to inspire confidence in existing shareholders, nevertheless, investors can see all the numbers and decide whether they think IVFH will get to the top or sink to the bottom.

Could Title Consulting Services, Inc. (PINK:TITL) Pull off Another PR Hype Surge?

StockFrontRunners — Fri, 04 Feb 2011 12:44:27 +0000

What is so exciting about this stock? It had a great session recently, went 156.67% up with an all-time high volume. Can it happen again?

That is what basically happened with Title Consulting (PINK:TITL) on Jan. 21 after some promotional emails had drawn attention to it and the company came out with a press release. Now, it looks TITL is getting set up for another surge, as there are some new campaigns and another press release came out shortly before the market closed yesterday.

If TITL does go up today, it would definitely be due to the press release and the promotions. The company behind the stock seems to be failing. These are some numbers you can find in TITL’s latest quarterly report:

Total current assets: $57,422
Total current liabilities: $557,337
Net loss: $44,623

These figures could make some people ask, how exactly the company intends to finance the potential merger. In addition, investors should keep in mind that after Jan. 21 TITL plunged right back down to the sub-penny stock list the very next day.

Nevertheless, the numbers above are not new, and they didn’t prevent the previous surge. Oceanic Consulting, the third party which paid $10 thousand for promotions the previous time, is now paying $15 thousand. This suggests someone believes there is something to gain in TITL.

Going back to the question of whether there can be another surge, it is obviously a possibility. Every investor should weigh the pros and cons, and decide how high, or how low, TITL can go.

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Lifevantage Corporation (OTC:LFVN) Continues the Flight on Promotions

StockFrontRunners — Fri, 21 Jan 2011 13:19:48 +0000

Lifevantage Corporation (OTC:LFVN) has been climbing up at top speed over the past week. Yesterday, the spectacular flight continued and the traded volume of LFVN reached approximately 2 million shares. Considering this fact, obviously something has pushed up the stock price again.

The only explanation on the high trade appears to be yesterday’s promotion for LFVN. According to the records, the stock appeared on a bunch of promotional websites, pointed out as “Fountain of Youth” with an average life increase of 30-50%. This definition certainly provoked traders’ attention and LFVN climbed higher. But is there a better reason for the up move?

Along with the promotional stock alerts, yesterday Lifevantage released an update on its preliminary unaudited quarterly results. The company reported that along with the net revenue of approximately $7.4 million, it was expecting operating income of at least $500 thousand in the second fiscal quarter of this year. The optimistic release immediately struck investors and additionally supported the stock price. Now it’s interesting how far the stock will go.[BANNER]

Lifevantage Corporation is a network marketing company that manufactures and sells dietary supplements with anti-aging effects. Last year, LFVN stock has had sharp price changes, though since last Dec. 22nd the price started to increase. However, the present up move seems to be based on promotions and optimistic projections, while the future results are yet expected.

According to its latest 10-Q report, during 2010 LFVN achieved several optimistic numbers. The company has generated higher revenues as compared to the previous quarter, however, in terms of current assets and total liabilities the numbers are quite disturbing: $3.8 million against $17.7 million respectively. Apart from this, the stockholders’ deficit exceeded $11 million, while the total accumulated deficit reached over $36 million. These are shocking values for a