{"id":2313,"date":"2013-08-16T12:14:44","date_gmt":"2013-08-16T12:14:44","guid":{"rendered":"\/?p=2313"},"modified":"2013-08-16T12:26:14","modified_gmt":"2013-08-16T12:26:14","slug":"bluforest-inc-otcmktsbluf-still-slides-despite-103-emails","status":"publish","type":"post","link":"\/articles\/bluforest-inc-otcmktsbluf-still-slides-despite-103-emails\/","title":{"rendered":"Bluforest, Inc. (OTCMKTS:BLUF) Still Slides Despite 103 Emails"},"content":{"rendered":"<p> The more the promotion grows, the more the stock price falls- a sad reality in the past few days for Bluforest, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=BLUF\">BLUF<\/a>). The sum total for the promotion reached $410,000, more than 103 emails were sent away, but so far the ticker won&#8217;t abandon its pessimistic bent. <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/BLUF0815.png\" border=\"0\" alt=\"BLUF0815.png\" title=\"BLUF0815.png\" width=\"400\" height=\"178\" \/> <\/p>\n<p>While the beginning of the promotion started with highly paid pumpers such as Market Bulls receiving $200,000, now the compensation is for single emails, no more than $15,000, which taken together with the back-tracking of the stock may mean the promotion is starting to wear out. The pumpers&#8217; emails claim that <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=BLUF\">BLUF<\/a> is resilient, but we have to see it to believe it. <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/LQMT0815.png\" border=\"0\" alt=\"LQMT0815.png\" title=\"LQMT0815.png\" width=\"350\" height=\"156\" \/><\/p>\n<p>Meanwhile, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=BLUF\">BLUF<\/a> shared its latest financial report, showing how the pure potential has translated into numbers. The previous results were dismal:<\/p>\n<ul>\n<li>$43 cash <\/li>\n<\/ul>\n<ul>\n<li>$17 210 total current assets <\/li>\n<\/ul>\n<ul>\n<li>$3.2 million total current liabilities <\/li>\n<\/ul>\n<ul>\n<li>ZERO revenues since inception <\/li>\n<\/ul>\n<ul>\n<li>$24 million net loss <\/li>\n<\/ul>\n<p>The new filings as of June 30 show:<\/p>\n<ul>\n<li>$1,357 cash<\/li>\n<\/ul>\n<ul>\n<li>$18,080 total current assets<\/li>\n<\/ul>\n<ul>\n<li>$3.6 million total current liabilities<\/li>\n<\/ul>\n<ul>\n<li>Zero revenues<\/li>\n<\/ul>\n<ul>\n<li>$416,085 net loss<\/li>\n<\/ul>\n<p>While the company is continuing, it is still burdened by a lot of debt, and piles up losses upon losses. The company holds several forests, but so far it has not managed to get a piece of the large carbon credits market. In the meanwhile, the stock at $1.40 has a long way to fall, especially now that investors are habituated to the constant email reminders. We predict that at the end of the campaign, little will remain of the heights <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=BLUF\">BLUF<\/a> reached previously.<\/p>\n<p>At around $1.20, you could find NanoViricides, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=NNVC\">NNVC<\/a>), a pharmaceutical ticker that takes a little breather from a long climbing trend. Still, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=NNVC\">NNVC<\/a> is not so heavily promoted and the price was reached more gradually.<\/p>\n<p>Another technological wonder that still strives to market its breakthroughs is Liquidmetal Technologies, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=LQMT\">LQMT<\/a>). The ticker was promoted, and while at a more accessible 14 cents, still hovers above the usual levels from the past months.<\/p>\n<p>If you believe in the potential of <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=BLUF\">BLUF<\/a> to start selling carbon credits, all is well, but keep in mind that the promotional effect is significant and stay away unless you can afford an even deeper correction.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The more the promotion grows, the more the stock price falls- a sad reality in the past few days for Bluforest, Inc. (OTCMKTS:BLUF). The sum total for the promotion reached $410,000, more than 103&#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":[163,857,695],"class_list":["post-2313","post","type-post","status-publish","format-standard","hentry","category-news","tag-bluf","tag-lqmt","tag-nnvc"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/2313","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=2313"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/2313\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=2313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=2313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=2313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}