Hot Penny Stock News
Post on: 29 Июль, 2015 No Comment
American Green, Inc. (OTCMKTS:ERBB) and the ZaZZZ Machine
Despite the best efforts of American Green, Inc. (OTCMKTS:ERBB ) to persuade everyone that everything is on track with the companys legendary ZaZZZ vending machine, the simple fact of the matter is the machine is simply not out yet. With early December now in the past, it looks like ERBB managed to miss yet another deadline for shipping the ZaZZZ Mach 2 to its alleged customers.
With Christmas coming next week, its now mostly safe to assume that ERBB will miss its bold target of 1000 machines deployed by Dec 25 that the company voiced in early 2014. The Mach 2 was only teased in a couple of Instagram photos that have since been taken down. The companys Facebook page stated that orders for the Mach 2 were scheduled to ship out to customers in early December. Judging by the lack of news, it would seem this did not happen, again.
The original launch date for the ZaZZZ was back in June. Since then its been six long months of promises of upgrades, improvements and tweaks, new patents and technologies, with little to show for it. ERBB could have spared its investors the anticipation and could have opted not to announce any further launch dates past the original June 12 launch that fell through. However, you dont keep people hyped up about your stock by keeping quiet, so ERBB decided to set a few more launch dates for itself and managed to miss all of those.
The company came up with more PR on Friday but it was largely more static in the stream, as this is the umpteenth time investors have to read about a new and exciting deal that will enhance the capabilities to leverage the ZaZZZ, which doesnt mean a lot if there is still no ZaZZZ out.
On the upside, the companys social media pages get updated with articles about President John F. Kennedy having smoked pot in the white house to alleviate his medical conditions information of the utmost importance to shareholders and potential investors. It remains to be seen when a PR concerning the launch of the ZaZZZ Mach 2 will hit the wire.
Amazonas Florestal (OTCMKTS:AZFL) Shoots out Of Triple Zero Land
Amazonas Florestal (OTCMKTS:AZFL )s 12% jump on Friday allowed the ticker to once more jump out of zero territory with a bang.
A dollar volume of nearly $400 thousand is nothing to scoff at, especially when stock prices are as low as $0.0018. Still, under the circumstances, it is not really hard to understand why investor interest in the company would suddenly reawaken.
Although AZFL s low working capital is certainly a problem, the bigger issue at hand appears to be the fact that the company cant seem to find a buyer for its inventory. This is why investors flew into a buying frenzy once it was announced that this state of developments may soon change.
True enough, the announcement the company made was vague, but it seems to have convinced enough people to commit to the companys stock. Plus, once AZFL manages to restructure its timber operations in Brazil and assume a better position for future revenue and growth, cash on hand will no longer be an issue, right?
Lets just say that this could indeed happen, and if it does it will undoubtedly create investor value. However, the whole thing may just as easily turn out to be a publicity stunt or something of the kind. After all, its hardly unheard of for OTC Markets penny stocks to use underhanded tactics of the like to further their own ends.
Another thing investors would do well to take into account in this case is dilution. As of September 30, 2013 AZFL had 414 million shares outstanding. The latest reported number for the outstanding share count is now 658 million, and if rumors are to be believed, that may have increased to 876 million since the last filing.
Investors should probably keep these things in mind when considering this ground floor opportunity, as some may call it.