{"id":2411,"date":"2013-08-30T14:13:40","date_gmt":"2013-08-30T14:13:40","guid":{"rendered":"\/?p=2411"},"modified":"2013-08-30T14:13:50","modified_gmt":"2013-08-30T14:13:50","slug":"technoconcepts-inc-otcmktstcps-sold-off-on-second-day-of-promotion","status":"publish","type":"post","link":"\/articles\/technoconcepts-inc-otcmktstcps-sold-off-on-second-day-of-promotion\/","title":{"rendered":"TechnoConcepts, Inc. (OTCMKTS:TCPS) Sold Off on Second Day of Promotion"},"content":{"rendered":"

Two months- that was all the boring sideways movement that investors could take from TechnoConcepts, Inc. (OTCMKTS:TCPS<\/a>) before someone decided to shed their holdings. Currently, TCPS<\/a> stands at $0.019 cents after losing more than 7% on trading volumes above $615,000. On August 27th, the first day of the promotion, TCPS<\/a> only showed a tentative movement on low buying volumes. \"TCPS0829.png\" <\/p>\n

The fallout for the day follows a few good moments as a promotional email landed on Wednesday, August 28th. MicroCapDigest was the last pumper, receiving a compensation of $15,000. Altogether, TCPS<\/a> was mentioned in 24 emails, with a campaign worth $25,000. And the increased trading was an ideal moment to sell.\"NPHC0829.png\"<\/p>\n

As of this summer, TCPS<\/a> filed a suspension of duty to file reports, and it turned up the fog and smoke around itself further, after continuing for many years without a SEC filings of its quarterly results. Outside of that, TCPS<\/a> shows limited data of its financial whereabouts. Still, the chip maker plans to revive its efforts to provide updated information. TCPS<\/a> was very clear about its intentions in an August 28th PR message that coincided well with the promotional emails.<\/p>\n

At around 2 cents, TCPS<\/a> is too underpriced and may exhibit volatility that differs from its longer-term business potential. In the company’s own words, it has produced computer chips that could revolutionize the circuitry of wireless signal receiving. But until such technologies are integrated into consumer devices, TCPS<\/a> could run the course of its promotion, up or down.<\/p>\n

Alternative filings from years back (2006) far reveal that TCPS<\/a> is equipped with:<\/p>\n