{"id":1213,"date":"2013-04-15T13:15:15","date_gmt":"2013-04-15T13:15:15","guid":{"rendered":"\/?p=1213"},"modified":"2013-04-15T13:15:28","modified_gmt":"2013-04-15T13:15:28","slug":"greenstone-healthcare-corporation-otcgrst-manages-to-sustain-climb","status":"publish","type":"post","link":"\/articles\/greenstone-healthcare-corporation-otcgrst-manages-to-sustain-climb\/","title":{"rendered":"Greenstone Healthcare Corporation (OTC:GRST) Manages to Sustain Climb"},"content":{"rendered":"<p> <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/1GRST_chart.png\" border=\"0\" alt=\"1GRST_chart.png\" title=\"1GRST_chart.png\" width=\"450\" height=\"201\" \/>The stock of Greenstone Healthcare Corporation (OTC:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GRST\">GRST<\/a>) has been highly volatile over the last month, swinging from around $.14 to $.50 and then back down. Assisted by a large number of promoters in the second week of April, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GRST\">GRST<\/a> is picking up speed in its share volumes traded and the price is slowly climbing. <\/p>\n<p>The huge price swings visible on the mid-March chart of <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GRST\">GRST<\/a> were once again caused by promotions, what is more, promotions paid for by the same party who is paying for the newer pumps. In mid-March <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GRST\">GRST<\/a> ran for a while but it the end it crashed and burned, dropping nearly 70% from the spike of the pump.<\/p>\n<p>Late last week pumpers returned with new touts for <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GRST\">GRST<\/a>, once again compensated for their efforts by Equities Awareness Group. The pumps touted the recent release of <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GRST\">GRST<\/a>&#8216;s 2012 yearly report, containing some impressive figures, as well as other, less impressive ones. Here is the brief rundown of the report numbers:<\/p>\n<ul>\n<li>$380 thousand in cash<\/li>\n<li>$4.5 million in liabilities<\/li>\n<li>$5.5 million in yearly revenue<\/li>\n<li>$1.5 million in yearly net loss<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: left;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/89GRST_logo.jpg\" border=\"0\" alt=\"89GRST_logo.jpg\" title=\"89GRST_logo.jpg\" width=\"120\" height=\"51\" \/>All things considered, the revenue figure is an impressive one for any OTC-tier company and it represents a significant increase of <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GRST\">GRST<\/a>&#8216;s 2011 revenue of $1.6 million. However, the company is still struggling to turn profitable, something that may happen if revenue keeps its growth rate and the company managed to rein in expenses. <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GRST\">GRST<\/a> also keeps funding its operations through the issuance of convertible notes, the last one issued this month, convertible at a discount of 39% from the market price, with millions of shares issued to cover other convertibles in 2012.<\/p>\n<p>Considering the fact that the movement both up and down caused by the last round of pumps for <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GRST\">GRST<\/a> can easily be seen on the chart, investors approaching the company now may want to be a little more careful, as there&#8217;s no telling when the climb may be interrupted and followed by a slump. Volume is already faded and the emails for <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GRST\">GRST<\/a> seem to have ceased, with most promoters disclosing their last-week efforts as one-day coverage.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The stock of Greenstone Healthcare Corporation (OTC:GRST) has been highly volatile over the last month, swinging from around $.14 to $.50 and then back down. Assisted by a large number of promoters in the&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[59],"class_list":["post-1213","post","type-post","status-publish","format-standard","hentry","category-news","tag-grst"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/1213","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=1213"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/1213\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=1213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=1213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=1213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}