{"id":1985,"date":"2013-07-18T15:12:26","date_gmt":"2013-07-18T15:12:26","guid":{"rendered":"\/?p=1985"},"modified":"2013-07-18T15:12:58","modified_gmt":"2013-07-18T15:12:58","slug":"amazonica-corp-otcbbamzz-rises-on-unprecedented-volume","status":"publish","type":"post","link":"\/articles\/amazonica-corp-otcbbamzz-rises-on-unprecedented-volume\/","title":{"rendered":"Amazonica Corp. (OTCBB:AMZZ) Rises On Unprecedented Volume"},"content":{"rendered":"

\"AMZZchart.png\"Amazonica Corp. (OTCBB:AMZZ<\/a>) once again popped up as one of the most traded companies during yesterday’s session. Opening at the relatively high for any pennystock price of $0.74, the company shifted more than 3 million of its shares throughout the day resulting in a traded volume of $2.3 million. Compared to the previous time we covered the company they fared much better and closed 3.7% in the green <\/p>\n

AMZZ<\/a> describe themselves as a distributor of Brazilian hardwood flooring but might as well be doing anything else. They haven’t made a single sell in the 3 years they have been in business. The only progress they have made with their business plan is the hiring of Equatorian S.A. Laminados Amazonia as a supplier of hardwood flooring. This was done back in April, 2011…<\/p>\n

In order to truly grasp what a dismal sight AMZZ<\/a> fundamentals are just take a look at the quarterly report for the period ending January 31: <\/p>\n