{"id":2314,"date":"2013-08-16T13:11:26","date_gmt":"2013-08-16T13:11:26","guid":{"rendered":"\/?p=2314"},"modified":"2013-08-16T13:14:34","modified_gmt":"2013-08-16T13:14:34","slug":"image-ware-systems-inc-otcmktsiwsy-bought-up-as-results-turn-out-likable","status":"publish","type":"post","link":"\/articles\/image-ware-systems-inc-otcmktsiwsy-bought-up-as-results-turn-out-likable\/","title":{"rendered":"Image Ware Systems, Inc. (OTCMKTS:IWSY) Bought Up as Results Turn Out Likable"},"content":{"rendered":"<p> Earnings season is proving beneficial for penny stocks, and Image Ware Systems, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=IWSY\">IWSY<\/a>) is one of the beneficiaries of improved investor interest. The stock reached more than $3.2 million buying volumes, standing at $2.48 after gaining around 4.6%. The last three days came with robust buying volumes. August has been relatively quieter for <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=IWSY\">IWSY<\/a>, but the ticker has gone a long way since the $1 levels in May. <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/IWSY0815.png\" border=\"0\" alt=\"IWSY0815.png\" title=\"IWSY0815.png\" width=\"400\" height=\"178\" \/> <\/p>\n<p>And all of this happened without a promotion. <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=IWSY\">IWSY<\/a> has the major benefit of a security-related business, and some of its biometric technology sales are rising. The results are as follows:<img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/VPIG0815.png\" border=\"0\" alt=\"VPIG0815.png\" title=\"VPIG0815.png\" width=\"350\" height=\"156\" \/>&nbsp;<\/p>\n<ul>\n<li>$55,000 software royalties revenue, up 26% from same quarter of 2012<\/li>\n<\/ul>\n<ul>\n<li>$12,000 hardware sales<\/li>\n<\/ul>\n<p>Previously, the company held quite a bit of debt, and until it updates the balance sheet, here are the results from May:<\/p>\n<ul>\n<li>$5.5 million cash <\/li>\n<\/ul>\n<ul>\n<li>$6.2 million total current assets <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/TUCN0815.png\" border=\"0\" alt=\"TUCN0815.png\" title=\"TUCN0815.png\" width=\"350\" height=\"156\" \/><\/li>\n<\/ul>\n<ul>\n<li>$4.4 million total current liabilities <\/li>\n<\/ul>\n<p><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=IWSY\">IWSY<\/a> issued more than 200,000 new shares for cash, opened a $2.5 million credit line and in general showed no ongoing concern, although there are still not enough contracts to balance off the debt burden and the long period of gradual development.&nbsp;<\/p>\n<p>The next few days will show how <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=IWSY\">IWSY<\/a> is capable of keeping the interest, but the extremely high volumes do not keep for long for this ticker. A promotion at $2.48 could happen only if pumpers decide to improve their volume with a relatively stable ticker.&nbsp;<\/p>\n<p>Another relatively stable technological ticker is Virtual Piggy, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=VPIG\">VPIG<\/a>), which so far is making a gradual slide, standing at around $2.15.&nbsp;<\/p>\n<p>At a much lower price is the recently active TouchIT Technologies, Int. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TUCN\">TUCN<\/a>). The penny stock stands at $0.007, and at those double-zero levels, everything is possible. But any business promises may be irrelevant, given that the stock is extremely underpriced, and can move erratically.<\/p>\n<p>While each ticker holds risk for corrections, a really low price could mean doubling or tripling, potentially followed by a deep cut. In the case of <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=IWSY\">IWSY<\/a>, any falls may be more gradual, but the high prices are not guaranteed. The company has to struggle constantly to keep up the interest of investors.  <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=IWSY\">IWSY<\/a> is at three-year heights on unprecedented volumes, and we expect activity to keep up, but still it is best not to invest unaffordable sums.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Earnings season is proving beneficial for penny stocks, and Image Ware Systems, Inc. (OTCMKTS:IWSY) is one of the beneficiaries of improved investor interest. The stock reached more than $3.2 million buying volumes, standing at&#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":[704,436,805],"class_list":["post-2314","post","type-post","status-publish","format-standard","hentry","category-news","tag-iwsy","tag-tucn","tag-vpig"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/2314","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=2314"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/2314\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=2314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=2314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=2314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}