{"id":2493,"date":"2013-09-11T13:12:19","date_gmt":"2013-09-11T13:12:19","guid":{"rendered":"\/?p=2493"},"modified":"2013-09-11T13:12:29","modified_gmt":"2013-09-11T13:12:29","slug":"amarium-technologies-inc-otcmktsammg-falters","status":"publish","type":"post","link":"\/articles\/amarium-technologies-inc-otcmktsammg-falters\/","title":{"rendered":"Amarium Technologies, Inc. (OTCMKTS:AMMG) Falters"},"content":{"rendered":"<p> <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/AMMGchart.png\" border=\"0\" alt=\"AMMGchart.png\" title=\"AMMGchart.png\" width=\"450\" height=\"201\" \/>It seems that prices above half a dollar per share may be a bit too much for the stock of Amarium Technologies, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=AMMG\">AMMG<\/a>). Yesterday they slid down from opening at $0.57 to close at $0.53. Despite the drop the company is still nearly 3% up compared to the previous close and it managed to recover from a low of $0.46. Volume remained significant reaching 1.5 million, more than 5 times the average amount. <\/p>\n<p>Investors decided to cash in despite the new announcement <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=AMMG\">AMMG<\/a> made early in the morning before market opened. In it they report receiving the first payment of $4.5 million from Anglo-Asia Resource Partners, a Hong Kong based partnership, according to the terms of their Copper Stream Agreement. <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=AMMG\">AMMG<\/a> could definitely use the fresh influx of funds because according to the financial report for the second quarter of 2013 they had:<\/p>\n<ul>\n<li>$451 thousand cash and total current assets<\/li>\n<li>$932 thousand total current liabilities<\/li>\n<li>ZERO revenues<\/li>\n<li>$100 thousand net loss<\/li>\n<\/ul>\n<p>Not to mention the accumulated deficit of more than $5 million and the possible further dilution of their common stock currently sitting at 480 million out of the 600 million authorized.<\/p>\n<p>For now <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=AMMG\">AMMG<\/a> has had a landing page created for them by StockPicks for the sum of $25 thousand. It became public right before <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=AMMG\">AMMG<\/a> started active trading on August 19. In turn StockPicks gave $10 thousand to the website Invests.com to feature <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/0NVLXchart.png\" border=\"0\" alt=\"0NVLXchart.png\" title=\"0NVLXchart.png\" width=\"350\" height=\"156\" \/>two articles advertising the stock of Amarium. The last alert emails touting the company date back to June 5 and were sent by Otc Picks, a newsletter that has been dormant ever since.<\/p>\n<p>The start of the week was much more positive for the shareholders of Globalstar, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GSAT\">GSAT<\/a>) who surged upwards by 28% to close at $0.84. Nuvilex Inc (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=NVLX\">NVLX<\/a>) also enjoyed a big boost after David Cohen joined the pump campaign.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It seems that prices above half a dollar per share may be a bit too much for the stock of Amarium Technologies, Inc. (OTCMKTS:AMMG). Yesterday they slid down from opening at $0.57 to close&#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":[985,314,606],"class_list":["post-2493","post","type-post","status-publish","format-standard","hentry","category-news","tag-ammg","tag-gsat","tag-nvlx"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/2493","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=2493"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/2493\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=2493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=2493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=2493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}