{"id":2402,"date":"2013-08-29T14:13:24","date_gmt":"2013-08-29T14:13:24","guid":{"rendered":"\/?p=2402"},"modified":"2013-08-29T14:13:31","modified_gmt":"2013-08-29T14:13:31","slug":"essential-innovations-technology-corp-otcbbesiv-drops-after-promising-run","status":"publish","type":"post","link":"\/articles\/essential-innovations-technology-corp-otcbbesiv-drops-after-promising-run\/","title":{"rendered":"Essential Innovations Technology Corp. (OTCBB:ESIV) Drops After Promising Run"},"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\/ESIV_chart.png\" border=\"0\" alt=\"ESIV_chart.png\" title=\"ESIV_chart.png\" width=\"400\" height=\"178\" \/>Yesterday&#8217;s trade session didn&#8217;t go without the touting of Essential Innovations Technology Corp (OTCBB:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ESIV\">ESIV<\/a>). This time only 2 of the 3 Delaware based promoters that are promoting the stock sent out emails and the heavy trading that was generated pushed the price of <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ESIV\">ESIV<\/a>&#8216;s stock down after the promising start of the week. <\/p>\n<p><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ESIV\">ESIV<\/a> have been trying to make it in the renewable energy and green technology sector since they commenced development stage back in 2009. The 4 years that have passed with a lack of revenues, however, aren&#8217;t speaking too good for the company&#8217;s determination and that reflects their stock&#8217;s movement.<\/p>\n<p>After the promotional campaign was initiated they started the week with a very decent gain of 49.53% in price on a volume more than 10 times their average of 257 thousand with a total of 2.8 million traded shares. The ticker reached a value of $0.16 per share and generated a trade value of $412 thousand.<\/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\/680LOGO.png\" border=\"0\" alt=\"680LOGO.png\" title=\"680LOGO.png\" width=\"150\" height=\"35\" \/>However, yesterday didn&#8217;t end that well. The high volume of traded stock brought the price of <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ESIV\">ESIV<\/a> 15.62% down and the ticker closed the session with a price of $0.135 per share. The total amount of shares that switched hands came at 4.25 million and helped generate the highest trade value in the stock&#8217;s history, estimated at $734 thousand.<\/p>\n<p>With a current market cap of $2.3 million one starts to wonder what the company has to offer in exchange. Here is a quick recap of the numbers of prime interest from their Q2 report.<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>cash: $483 thousand<\/li>\n<li>total assets: $260 thousand<\/li>\n<li>total current liabilities: $1.1 million<\/li>\n<li>revenue since inception: $0<\/li>\n<li>net loss: $73 thousand<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>The situation isn&#8217;t rosy at all and considering that the stock has undergone the pump treatment we can&#8217;t say that the <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ESIV\">ESIV<\/a> is a solid investment choice. <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ESIV\">ESIV<\/a> came out with a few press releases announcing that they formed a Joint Venture company in Dubai, but with current developments in the Middle East, after Syria supposedly discovered the biggest gas reserve on the planet we aren&#8217;t quite sure that the world is ready to embrace green energy as the next big thing.<\/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\/SKLN_chart.png\" border=\"0\" alt=\"SKLN_chart.png\" title=\"SKLN_chart.png\" width=\"350\" height=\"156\" \/>Having all that in mind, be sure to do a lot of due diligence and weigh out the risks for yourself, before jumping on <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ESIV\">ESIV<\/a>&#8216;s stock.<\/p>\n<p>On the other hand Skyline Medical Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=SKLN\">SKLN<\/a>) closed another session in the green, after the company&#8217;s stock jumped 39.97% in yesterday&#8217;s session moving from $0.30 to $0.4199. There were quite a lot of shares that were traded yesterday and the trade value exceeded $1.2 million.<\/p>\n<p>Nutra Pharma Corp. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=NPHC\">NPHC<\/a>)&#8217;s session went even better as their stock gained 84.17% yesterday. They closed with a price of $0.0221 per share and a hefty 34 million traded shares that generated a dollar volume of $567 thousand for the day.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday&#8217;s trade session didn&#8217;t go without the touting of Essential Innovations Technology Corp (OTCBB:ESIV). This time only 2 of the 3 Delaware based promoters that are promoting the stock sent out emails and the&#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":[956,193,955],"class_list":["post-2402","post","type-post","status-publish","format-standard","hentry","category-news","tag-esiv","tag-nphc","tag-skln"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/2402","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=2402"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/2402\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=2402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=2402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=2402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}