{"id":1874,"date":"2013-07-05T11:11:25","date_gmt":"2013-07-05T11:11:25","guid":{"rendered":"\/?p=1874"},"modified":"2013-07-05T11:12:08","modified_gmt":"2013-07-05T11:12:08","slug":"trulan-resources-inc-otcmktstrlr-struggling-for-attention","status":"publish","type":"post","link":"\/articles\/trulan-resources-inc-otcmktstrlr-struggling-for-attention\/","title":{"rendered":"Trulan Resources, Inc. (OTCMKTS:TRLR) Struggling for Attention"},"content":{"rendered":"<p> <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/2TRLR_chart.png\" border=\"0\" alt=\"2TRLR_chart.png\" title=\"2TRLR_chart.png\" width=\"450\" height=\"201\" \/>Some pump jobs refuse to tone the hype down no matter how bad their initial crash is. One such example is Trulan Resources, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TRLR\">TRLR<\/a>). The company, which has been pumped virtually non-stop since late February, sputtered on its last pump so far and ground to a halt. <\/p>\n<p>It&#8217;s worth taking a look at the last few months of <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TRLR\">TRLR<\/a>&#8216;s market history. The simple fact of the matter is that the stock is currently more than 90% down from its pumped highs from early March. What brought it here is the relentless, unceasing downpour of pump emails that pelted subscribers&#8217; inboxes and the hype they created, which was largely disproportional to the company&#8217;s achievements and capabilities.<\/p>\n<p>The first touts for Trulan came while the company was still trading under its previous ticker &#8211; TLAN. As with most pumps, despite the number of emails sent and the monetary compensation paid to the promoters, the stock tanked hard and has been on a non-stop slide ever since. The last touts that came for <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TRLR\">TRLR<\/a> followed a press release from the company dating back to last Tuesday. The pumps more or less repeated the grandiose promises of the press release, quoting a &#8216;likely&#8217; increase of resources in <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TRLR\">TRLR<\/a>&#8216;s IGP project.<\/p>\n<p>Sadly, it seems no one bought the promoter hype and the stock crashed 15% and 12% in the following two sessions. The plans and pumps for <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TRLR\">TRLR<\/a> immediately take a turn for the comical after a brief look at the company&#8217;s latest financial report &#8211; a quarterly for the period ended March:<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>$374 in cash<\/li>\n<li>zero revenues<\/li>\n<li>$67 thousand in net loss<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>Those abysmal financials are accompanied by the information that <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TRLR\">TRLR<\/a> issued 45 million common shares in Q1 to settle $4,500 worth of convertible debt. This essentially means a noteholder received 45 million <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TRLR\">TRLR<\/a> shares at the absolute low of $0.0001 per share. Despite the stock&#8217;s inability to break above $0.01 per share, selling those shares would still equal massive profit.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/310XUII_chart.png\" border=\"0\" alt=\"310XUII_chart.png\" title=\"310XUII_chart.png\" width=\"330\" height=\"147\" \/>Other stocks that generated significant dollar volume in the short session on Wednesday include Xumanii, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=XUII\">XUII<\/a>) who moved up 10%. Affymax, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=AFFY\">AFFY<\/a>) were less fortunate, closing nearly 6% down after a series of smaller intra-day drops.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Some pump jobs refuse to tone the hype down no matter how bad their initial crash is. One such example is Trulan Resources, Inc. (OTCMKTS:TRLR). The company, which has been pumped virtually non-stop since&#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":[735,30,658],"class_list":["post-1874","post","type-post","status-publish","format-standard","hentry","category-news","tag-affy","tag-trlr","tag-xuii"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/1874","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=1874"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/1874\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=1874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=1874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=1874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}