{"id":1954,"date":"2013-07-16T11:15:43","date_gmt":"2013-07-16T11:15:43","guid":{"rendered":"\/?p=1954"},"modified":"2013-07-16T11:25:04","modified_gmt":"2013-07-16T11:25:04","slug":"oriens-travelamphotel-mgmt-group-otcmktsotmh-shoots-up-on-buyout-promise","status":"publish","type":"post","link":"\/articles\/oriens-travelamphotel-mgmt-group-otcmktsotmh-shoots-up-on-buyout-promise\/","title":{"rendered":"Oriens Travel&amp;amp;Hotel Mgmt. Group (OTCMKTS:OTMH) Shoots Up on Buyout Promise"},"content":{"rendered":"<p> Oriens Travel&amp;Hotel Mgmt. Group (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=OTMH\">OTMH<\/a>) jumped successfully over the weekend, with robust volumes and price spikes. So far, nothing unusual for a double-zero stock, shot upward following a promotional email. On top of all, the tourism and hotel company touts the possibility, however vague, that it may be a buyout target. Whether the deal would materialize is beside the point, since the news for it managed to entice enough interest. <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/OTHM0716.png\" border=\"0\" alt=\"OTHM0716.png\" title=\"OTHM0716.png\" width=\"400\" height=\"178\" \/> <\/p>\n<p>The proposed buyout is for $30 million, a colossal sum, given that the company is capped at only $670,000. The free float is around 25 million shares, and there are around 200 million shares outstanding, with a great leeway for new issues up to 2 billion authorized shares. <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/USEI0716.png\" border=\"0\" alt=\"USEI0716.png\" title=\"USEI0716.png\" width=\"350\" height=\"156\" \/><\/p>\n<p>Three hundred percent in two days is not an unusual achievement for a double-zero ticker. But this one is showing strangely solid data, with revenue streams from several businesses. The company has current assets, mostly in receivables, upward of $2 million. Other disclosures reveal:<\/p>\n<ul>\n<li>$2.9 million total current liabilities<\/li>\n<\/ul>\n<ul>\n<li>$44,542 cash-like assets<\/li>\n<\/ul>\n<ul>\n<li>$176,429 annual net loss<\/li>\n<\/ul>\n<ul>\n<li>$43,993 net cash increase for 2012<\/li>\n<\/ul>\n<p>But for only $3,000 per email, Penny Stock Gainers turned the otherwise obscure tourist booking firm into a brief sensation. The pumpers promise that <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=OTMH\">OTMH<\/a> would jump quite a bit more, at least for its fifteen minutes of fame among investors. The emails are quite cheerful, yet despite the fact that <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=OTMH\">OTMH<\/a> is having lively operations, a very low price almost always means you need to be prepared for sharp corrections.<\/p>\n<p>The recent activity of <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=OTMH\">OTMH<\/a> recalls that of US Energy Initiatives, Corp. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=USEI\">USEI<\/a>). The penny stock was suddenly popular, but since then the increased activity opened up an opportunity for sellers, and the ticker slid from a cent to double-zero levels again.<\/p>\n<p>Minerco Resources, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MINE\">MINE<\/a>) is also seeing increased interest and volumes, as it added more than 42% to $0.002 on a dollar volume of about $200,000. The ticker also recently exploded forth from triple zeroes, and has been all over the place in the past weeks, as a short-term speculative bet.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oriens Travel&amp;Hotel Mgmt. Group (OTCMKTS:OTMH) jumped successfully over the weekend, with robust volumes and price spikes. So far, nothing unusual for a double-zero stock, shot upward following a promotional email. On top of all,&#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":[185,848,791],"class_list":["post-1954","post","type-post","status-publish","format-standard","hentry","category-news","tag-mine","tag-otmh","tag-usei"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/1954","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=1954"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/1954\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=1954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=1954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=1954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}