{"id":3192,"date":"2013-11-15T17:15:18","date_gmt":"2013-11-15T17:15:18","guid":{"rendered":"\/?p=3192"},"modified":"2013-11-15T17:15:22","modified_gmt":"2013-11-15T17:15:22","slug":"first-liberty-power-corp-otcmktsflpcs-annual-report-doesnt-help-the-price","status":"publish","type":"post","link":"\/articles\/first-liberty-power-corp-otcmktsflpcs-annual-report-doesnt-help-the-price\/","title":{"rendered":"First Liberty Power Corp. (OTCMKTS:FLPC)&#8217;s Annual Report Doesn&#8217;t Help The Price"},"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\/1FLPC_chart.png\" border=\"0\" alt=\"1FLPC_chart.png\" title=\"1FLPC_chart.png\" width=\"400\" height=\"178\" \/>First Liberty Power Corp. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=FLPC\">FLPC<\/a>) had a very good run in the past month, registering only 7 session in the red which couldn&#8217;t stop its momentum. The ticker started this month in the same manner and climbed as high as $0.07 per share. <\/p>\n<p>Things, however, turned around and after the stock&#8217;s price moved up only 0.14% in Monday&#8217;s session <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=FLPC\">FLPC<\/a> began to slide down. In the meantime the company filed its annual report and judging by it, the trend will continue if there aren&#8217;t some positive news.<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>cash: $5.2 thousand<\/li>\n<li>current assets: $8.3 thousand<\/li>\n<li>total assets: $113 thousand<\/li>\n<li>current liabilities: $1.8 million<\/li>\n<li>revenues since inception: $0<\/li>\n<li>net loss: $2.7 million<\/li>\n<\/ul>\n<p>&nbsp;<\/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\/738LOGO.png\" border=\"0\" alt=\"738LOGO.png\" title=\"738LOGO.png\" width=\"150\" height=\"62\" \/>As you can see, the numbers of prime interest do not invoke any optimism, and this is the exact reason for the stock&#8217;s results. <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=FLPC\">FLPC<\/a> is gathering momentum in a downward direction and has lost a total of 38% in value by now.<\/p>\n<p>It seems that this week is also bad for OTCBBJournal, because they failed with their tout reports from Monday. They promoted <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=FLPC\">FLPC<\/a> among several other stocks, one of which was Psychic Friends Network, Inc. (OTCBB:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=PFNI\">PFNI<\/a>), which also had a bad week.<\/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\/9SEEK_chart.png\" border=\"0\" alt=\"9SEEK_chart.png\" title=\"9SEEK_chart.png\" width=\"350\" height=\"156\" \/>It seems that even though <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=FLPC\">FLPC<\/a> is being traded in smaller and smaller volumes, this doesn&#8217;t affect the price&#8217;s course. Some optimistic PR from the company might turn the tide, however, we would advise you to do a lot of due diligence and weigh out the risks, especially when dealing with OTC companies.<\/p>\n<p>TheDirectory.com, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=SEEK\">SEEK<\/a>) continued to crash yesterday as it recorded a second session in the red. The ticker dropped a hefty 40% in price on high volumes of traded stock.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>First Liberty Power Corp. (OTCMKTS:FLPC) had a very good run in the past month, registering only 7 session in the red which couldn&#8217;t stop its momentum. The ticker started this month in the same&#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":[56,361,856],"class_list":["post-3192","post","type-post","status-publish","format-standard","hentry","category-news","tag-flpc","tag-pfni","tag-seek"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3192","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=3192"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3192\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=3192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=3192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=3192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}