{"id":2326,"date":"2013-08-17T15:15:13","date_gmt":"2013-08-17T15:15:13","guid":{"rendered":"\/?p=2326"},"modified":"2013-08-17T15:16:19","modified_gmt":"2013-08-17T15:16:19","slug":"imageware-systems-inc-otcmktsiwsy-looking-bad-after-q2-report","status":"publish","type":"post","link":"\/articles\/imageware-systems-inc-otcmktsiwsy-looking-bad-after-q2-report\/","title":{"rendered":"Imageware Systems Inc (OTCMKTS:IWSY) Looking Bad After Q2 Report"},"content":{"rendered":"<p> <img loading=\"lazy\" decoding=\"async\" style=\"float: right; margin: 3px; border: 1px solid black;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/7IWSY_chart.png\" border=\"0\" alt=\"7IWSY_chart.png\" title=\"7IWSY_chart.png\" width=\"400\" height=\"178\" \/>The Q2 report for Imageware Systems Inc (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=IWSY\">IWSY<\/a>) is a fact as of August 14 and the revenues weren&#8217;t the only thing that has increased in the period ended June 30. It shows that they have doubled their net loss and yesterday&#8217;s trade session didn&#8217;t went very well, despite the corporate uprade call from the CEO. <\/p>\n<p>The stock of <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=IWSY\">IWSY<\/a> lost 10%, which equals to quite a few pennies when a stock is above the $2 mark. The ticker slid from $2.48 to $2.23 on a volume that was almost 4 times their average of 417 thousand traded shares.<\/p>\n<p>The total amount of traded stock came at 1.8 million, which helped generate a trade value of $4.3 million. It seems like the figures from their latest 10-Q weren&#8217;t to the liking of some of their investors and quite a lot of people shed their holdings. You can see the numbers of prime interest from the report in question listed below.<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>cash: $1 million<\/li>\n<li>total assets: $6.3 million<\/li>\n<li>revenues: $1 million<\/li>\n<li>net loss: $5.6 million<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>Even though they have quite a lot in cash and assets and have increased their revenue compared to Q1 the net loss is almost doubled, when you compare it to the $2.7 million they had in the first quarter of the year.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: left; margin: 3px; border: 1px solid black;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/8542LOGO.png\" border=\"0\" alt=\"8542LOGO.png\" title=\"8542LOGO.png\" width=\"150\" height=\"43\" \/>The company is issuing press releases and the CEO of the company, Mr. Jim Miller is trying to assure investors that they have invested in a solid company. Indeed they have some positive numbers in their quarterly report, but the overall picture portrays a company with a shaky development.<\/p>\n<p>If you are thinking of investing in <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=IWSY\">IWSY<\/a> be sure to do a lot of due diligence and weigh out the risks, because recently they show that they are better at spending than at earning.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: right; margin: 3px; border: 1px solid black;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/6SNET_chart.png\" border=\"0\" alt=\"6SNET_chart.png\" title=\"6SNET_chart.png\" width=\"350\" height=\"156\" \/>Probably the biggest surprise in yesterday&#8217;s trade session was the stock of SourcingLink.net, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=SNET\">SNET<\/a>) who jumped a whopping 728% on a paid promotion that is still running today. The big percentile movement in an upward direction helped them close the day with $0.29 per share and quite a bit of traded stock, but they lost 17% from their value in the hour and a half that has passed since today&#8217;s market open and are currently nested at $0.24.<\/p>\n<p>Not so interesting is the situation with Medical Mrijuana Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MJNA\">MJNA<\/a>), who barely moved in yesterday&#8217;s session. Today, however, they are looking promising and are 6.35% up, currently being traded at a price of $0.1675 per share.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Q2 report for Imageware Systems Inc (OTCMKTS:IWSY) is a fact as of August 14 and the revenues weren&#8217;t the only thing that has increased in the period ended June 30. It shows that&#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":[704,8,932],"class_list":["post-2326","post","type-post","status-publish","format-standard","hentry","category-news","tag-iwsy","tag-mjna","tag-snet"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/2326","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=2326"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/2326\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=2326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=2326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=2326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}