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What Can Stop Solar Power, Inc. (OTCMKTS:SOPW)

[[tagnumber 0]][[tagnumber 1]]Solar Power, Inc. (OTCMKTS:SOPW) rarely closes a session in the red and it has experienced massive growth in the past several months, gaining nearly 1000% in value since the start of July.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]This is all happening while the company is issuing massive amounts of shares in private placements in order to obtain working capital. On October 21 it was announced that the most recent private placement for an aggregate of [[tagnumber 6]]$43.8 million[[tagnumber 7]] has been completed.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The company itself has a strong balance sheet and we are most interested what their report for the third quarter will contain after all these private placements and issuance of shares. Here are the numbers from the report for the second quarter.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 15]] [[tagnumber 16]]cash: $5.85 million[[tagnumber 17]] [[tagnumber 16]]current assets: $17.24 million[[tagnumber 17]] [[tagnumber 16]]total assets: $72.84 million[[tagnumber 17]] [[tagnumber 16]]current liabilities: $44.09 million[[tagnumber 17]] [[tagnumber 16]]total liabilities: $56.85 million[[tagnumber 17]] [[tagnumber 16]]quarterly revenues: $9.94 million[[tagnumber 17]] [[tagnumber 16]]quarterly net loss: $2.17 million[[tagnumber 17]] [[tagnumber 30]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Surely, this is one impressive balance sheet for a company listed in the OTC markets. The current market cap, however, is also pretty large and should have passed the $1 billion mark with the recent issuance of shares that isn’t accounted for in the OTC markets profile of [[tagnumber 6]]SOPW[[tagnumber 7]] yet.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The latest news are the [[tagnumber 6]]SOPW [[tagnumber 7]]has entered into several agreements with [[tagnumber 6]]GD Solar Co., Ltd[[tagnumber 7]], a subsidiary of Guodian Technology & Environment Group Corporation Limited. According to it [[tagnumber 6]]SOPW [[tagnumber 7]]will buy a total of 160 megawatts of PV capacity from GD Solar affiliates for a price of [[tagnumber 6]]RMB1.575 billion[[tagnumber 7]], or [[tagnumber 6]]$257 million[[tagnumber 7]].[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The amount of money is huge and we are quite sure that the printing presses at SOPW will keep running at full throttle, causing further dilution, but still, the news were received very well as SOPW climbed 12.77% while a total of 1.19 million shares changed their owners, generating $3.15 million in dollar volume.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Early today [[tagnumber 6]]SOPW[[tagnumber 7]] announced its intentions to acquire six more projects that are under construction from [[tagnumber 6]]ZhongNeng GuoDian New Energy Development and Investment Jiangsu Co., Ltd[[tagnumber 7]] and we are pretty sure that investors will be excited.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 64]][[tagnumber 65]][[tagnumber 2]] [[tagnumber 0]]Still, it is always a good idea to do your due diligence and weigh out the risks, especially when we have such heavy issuance of shares at such great discounts. After all, you don’t want to be caught there, pants down if the bubble pops. [[tagnumber 2]]


American Brewing Co., Inc. (OTCBB:ABRW) Stopped In Its Tracks

[[tagnumber 0]][[tagnumber 1]]American Brewing Co., Inc. (OTCBB:ABRW) had a tough end of the past month as it slipped a massive 46.77% and recorded more than 10 times its average trading volume over the course of a single session.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]As we stated in our previous article, the reason for this was nowhere to be seen and it all seemed rather odd. The company itself issued a press release on October 2 commenting the unusual activity and they too had no idea for its cause, but stated that “[[tagnumber 6]]no officers or directors have sold any shares of common stock in the last 12 months[[tagnumber 7]]”.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Furthermore, the balance sheet of [[tagnumber 12]]ABRW[[tagnumber 13]], while not so good, are still decent considering the current market cap of $6.5 million is way smaller than a lot of the companies in the OTC markets and don’t suggest such big stock price movements.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Here is what [[tagnumber 12]]ABRW [[tagnumber 13]]had to show at the end of the second quarter.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 23]] [[tagnumber 24]]cash: $266 thousand[[tagnumber 25]] [[tagnumber 24]]current assets: $351 thousand[[tagnumber 25]] [[tagnumber 24]]total assets: $1.29 million[[tagnumber 25]] [[tagnumber 24]]current liabilities: $652 thousand[[tagnumber 25]] [[tagnumber 24]]quarterly revenues: $267 thousand[[tagnumber 25]] [[tagnumber 24]]quarterly net loss: $225 thousand[[tagnumber 25]] [[tagnumber 36]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]More recently we have seen some optimistic press releases from [[tagnumber 12]]ABRW[[tagnumber 13]]. On October 8 the company announced that they have been approved for distribution in [[tagnumber 12]]670 private stores[[tagnumber 13]] in [[tagnumber 12]]British Columbia[[tagnumber 13]] and are awaiting approval for a further [[tagnumber 12]]197 government stores[[tagnumber 13]].[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The news were received well with investors as the company began to climb and has registered a single session in the red since then, while slowly regaining its value. On Wednesday the company issued a letter to its shareholders containing information about the progress the company has made since the beginning of the year and future plans.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]This brought investor attention as the ticker gapped up to a $0.50 open closed the session with a 19.54% gain at $0.52. The amount of shares was also decent considering the stock’s average and the 431 thousand that changed their owners generated $223 thousand in dollar volume.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]][[tagnumber 12]]ABRW’s [[tagnumber 13]]ascent, however, came to a halt yesterday as the company registered absolutely no percentile movements and the volumes were laughable. As always, it is imperative that you do your due diligence and weigh out the risks before making an investment decision.[[tagnumber 2]]

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