{"id":1737,"date":"2013-06-20T15:13:55","date_gmt":"2013-06-20T15:13:55","guid":{"rendered":"\/?p=1737"},"modified":"2013-06-20T15:14:10","modified_gmt":"2013-06-20T15:14:10","slug":"imageware-systems-inc-otcmktsiwsy-with-a-modest-gain","status":"publish","type":"post","link":"\/articles\/imageware-systems-inc-otcmktsiwsy-with-a-modest-gain\/","title":{"rendered":"ImageWare Systems, Inc. (OTCMKTS:IWSY) With A Modest Gain"},"content":{"rendered":"<p> <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/IWSYchart.png\" border=\"0\" alt=\"IWSYchart.png\" title=\"IWSYchart.png\" width=\"450\" height=\"201\" \/>Since June 10 the stock of ImageWare Systems, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=IWSY\">IWSY<\/a>) has been on a steep climb up the stock chart. The run started from $1.57 and the stock reached its 52 week high on Monday when it briefly touched $2.44 on record volume of 1.4 million shares. On the next day the ticker retreated losing 11% but now it shows signs of rallying once again. Yesterday it closed in the green by 2.4% on a significantly smaller volume. <\/p>\n<p>The company is seeking their forte in the  market for biometrically enabled software-based identity management solutions. This means that they are  creating software that is capable of providing a reliable indication of a person&#8217;s identity with their main product being the IWS Biometric Engine. <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=IWSY\">IWSY<\/a> have been in operation for some time now and according to their quarterly report they finished the period with the following results.<\/p>\n<ul>\n<li>$2.2 million cash<\/li>\n<li>$3.2 million total current assets<\/li>\n<li>$3.4 million total current liabilities<\/li>\n<li>$856 thousand revenues<\/li>\n<li>$2.7 million  net  loss<\/li>\n<\/ul>\n<p>In addition <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=IWSY\">IWSY<\/a> have an accumulated deficit of $121 million. The company is generating revenues but the sums are grossly outweighed by the incurred net loss.  Also they have a bit of a problem repaying some convertible notes issued to related parties back in 2008.<\/p>\n<p>The ticker hasn&#8217;t been picked up by any paid pumpers and the company hasn&#8217;t been over-indulgent in releasing PR <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/PSONchart.png\" border=\"0\" alt=\"PSONchart.png\" title=\"PSONchart.png\" width=\"350\" height=\"156\" \/>announcements. Still they have been mentioned here and there which inevitably drew the attention of some investors. Today in early trading the stock is climbing tentatively.<\/p>\n<p>In a stark contrast the stock of  Petrosonic Energy Inc (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=PSON\">PSON<\/a>) has been crashing for a third day now and has lost 40% of its value as you can read in our article about it. Norstra Energy Corp. (OTCBB:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=NORX\">NORX<\/a>) on the other hand are showing some signs of revival after the ticker was crushed under a multy-million pump.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Since June 10 the stock of ImageWare Systems, Inc. (OTCMKTS:IWSY) has been on a steep climb up the stock chart. The run started from $1.57 and the stock reached its 52 week high on&#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":[704,560,609],"class_list":["post-1737","post","type-post","status-publish","format-standard","hentry","category-news","tag-iwsy","tag-norx","tag-pson"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/1737","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=1737"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/1737\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=1737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=1737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=1737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}