{"id":1434,"date":"2013-05-14T11:12:37","date_gmt":"2013-05-14T11:12:37","guid":{"rendered":"\/?p=1434"},"modified":"2013-05-14T11:12:44","modified_gmt":"2013-05-14T11:12:44","slug":"african-copper-corp-otcbbaccs-not-for-aps-after-all","status":"publish","type":"post","link":"\/articles\/african-copper-corp-otcbbaccs-not-for-aps-after-all\/","title":{"rendered":"African Copper Corp. (OTCBB:ACCS) Not for APS, After All"},"content":{"rendered":"<p> Enough was enough for African Copper Corp. (OTCBB:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ACCS\">ACCS<\/a>). The ticker neared 20 cents, but very quickly buyers from the past days turned to sellers, locking profits as soon as possible. The gain was a mix of press releases, side promotions and the rumor that <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ACCS\">ACCS<\/a> may be the next pick of Awesome Penny Stocks. The ticker was mentioned on one of the numerous affiliate sites of APS, and just the little chance that <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ACCS\">ACCS<\/a> would receive a long-term pump from one of the leading penny stock newsletters was enough for a few extremely good days. <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/ACCS0514.png\" border=\"0\" alt=\"ACCS0514.png\" title=\"ACCS0514.png\" width=\"400\" height=\"178\" \/> <\/p>\n<p>But this was soon over, as the central promotion never materialized, and <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ACCS\">ACCS<\/a> was carried by a few emails from smaller pumpers, waiting to log some of the gains that APS could have achieved more successfully. <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/GOFF0514.png\" border=\"0\" alt=\"GOFF0514.png\" title=\"GOFF0514.png\" width=\"350\" height=\"156\" \/><\/p>\n<p>Otherwise, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ACCS\">ACCS<\/a> is a vehicle ticker for the Africa-based mining company, and still the company&#8217;s main activity is listed as education services. Past records of this business show the following financial picture:<\/p>\n<ul>\n<li>$30,035 cash <\/li>\n<\/ul>\n<ul>\n<li>$173,262 total liabilities <\/li>\n<\/ul>\n<ul>\n<li>Zero revenues <\/li>\n<\/ul>\n<ul>\n<li>$17,185 quarterly loss <\/li>\n<\/ul>\n<p>A 13-D filing with the SEC reveals how <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ACCS\">ACCS<\/a> switched identities. On April 2nd, the company&#8217;s CEO and president Andrew Stone acquired 720 million shares for $18,000, and later retired 620 million shares in exchange for a promissory note for the amount of $9,300. This left Stone with 100 million underpriced shares, which he could continue to sell for profits, given that even the depressed price of <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ACCS\">ACCS<\/a> is high enough.&nbsp;<\/p>\n<p>The reason APS is expected to make a new selection soon is the long run of the Goff Corp. (OTCBB:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GOFF\">GOFF<\/a>) pump, which already seems beyond repair, after the last email landed on April 19th. There is little warning what the new candidate would be- any company could be taken to unreasonable heights with enough mentions that reach new investors, as well as old ones who appreciate the APS effect.<\/p>\n<p>The loss for <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ACCS\">ACCS<\/a> on Monday was more than 43$ to 8 cents per share, a price that could continue to drift or fall further as interest in the ticker wanes. If <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ACCS\">ACCS<\/a> manages to pull out a press release or two, some gains may be expected, but it is best to stay away from <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ACCS\">ACCS<\/a> unless you could afford losing a big part of your investment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Enough was enough for African Copper Corp. (OTCBB:ACCS). The ticker neared 20 cents, but very quickly buyers from the past days turned to sellers, locking profits as soon as possible. The gain was a&#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":[673,14],"class_list":["post-1434","post","type-post","status-publish","format-standard","hentry","category-news","tag-accs","tag-goff"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/1434","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=1434"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/1434\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=1434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=1434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=1434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}