After the explosive start of February when the stock of Easton Pharmaceuticals, Inc. (OTCMKTS:EAPH) jumped from 2 cents to close to 8 in just three sessions things have not been going so well. Interest in the company has been declining and so has been the share price posting only a couple of solid green days. Yesterday EAPH wiped 14% of its value and dropped down to $0.04, nearly 50% lower than the hype-induced highs.
• $208 thousand total current assets
• $406 thousand total current liabilities
• ZERO revenues since inception
• $47 thousand net loss
For now the stock remains a volatile choice and any trading should be preceded by careful planning and sereious due diligence.