3DICON, Inc. (OTCMKTS:TDCP) Stirs Record Buying on Intensive PR
We have not met 3DICON, Inc. (OTCMKTS:TDCP) in about three years, but now the ticker is back with a vengeance, marking two consecutive days of record share volumes. On Friday, TDCP grew by 40% to $0.0266, on dollar volumes above $968,000. 
In March, TDCP came in with active and regular PR information, outlining the developments of the company. This Monday, TDCP is preparing for another good day as it released a timely newsletter from the CEO, Victor Keen. TDCP is aiming for success in 3D imaging technologies, aiming to create a 360-degree image, using laser and other light technologies. What is worrying is that since 2011, the same promises were used to keep the stock price afloat. All of that led almost nowhere, as TDCP drifted sideways even below the penny levels. Now, the new year has come with renewed interest and activity. 
Investors’ forums see TDCP as a powerhouse at least in the coming days, with promises of rising to more substantial prices, especially ahead of the earnings filing. The company is attractive for a relatively small market cap just above $5 million currently, with comments that the company could easily climb to the dollar levels.
TDCP has bright promises about its business model, but its latest financial results reveal:
- $18,360 cash
- $54,097 assets
- $971,219 total liabilities
- Zero revenues
- $19 million net loss since inception
On the plus side, TDCP looks like it has a pure-play business model, with years of efforts that so far have not produced a marketable product. What is more worrying is that the company is sometimes using paid promotions to boost its stock price.
The dollar volumes for TDCP are currently rather low, compared to other boom industries. 3D imaging would not enjoy the hype of hotter sectors like legalized marijuana.
Yet similar stories of high-tech hype have ended poorly in the past. We can recall the active self- promotion of 3D Eye Solutions, Inc. (OTCMKTS:TDEY), which climbed to $0.02, only to slide down over a few months, losing 90% of the value.
TDEY partnered with PBS Holdings, Inc. (OTCMKTS:PBHG), with the stated intention of providing 3D solutions for smartphones. But the real reason was to boost the PBHG stock, so that the shared management of the two companies could take a share of the OTC market earnings. Otherwise, the two companies were doing poorly in securing real sales and financial results.
TDCP so far is an outlier in trading that is devoted to other bubbles, cannabis, but also clean and alternative energy companies. If you like that company, keep in mind that the climb is easily matched with the increased PR activity. Be aware that you might have to absorb losses if the company slows down its communication with investors.
