{"id":3560,"date":"2014-01-09T14:16:34","date_gmt":"2014-01-09T14:16:34","guid":{"rendered":"\/?p=3560"},"modified":"2014-01-09T14:16:42","modified_gmt":"2014-01-09T14:16:42","slug":"easton-pharmaceuticals-inc-otcmktseaph-the-newest-arrival-aims-for-one-cent-and-above","status":"publish","type":"post","link":"\/articles\/easton-pharmaceuticals-inc-otcmktseaph-the-newest-arrival-aims-for-one-cent-and-above\/","title":{"rendered":"Easton Pharmaceuticals, Inc. (OTCMKTS:EAPH): The Newest Arrival, Aims for One Cent and Above"},"content":{"rendered":"<p> As we mentioned several times, marijuana stocks have different risk profiles, and with many newcomers among the most active OTC profiles, it was high time for another double-zero. More than $1.44 million were poured into Easton Pharmaceuticals, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=EAPH\">EAPH<\/a>), boosting its daily growth to 340% and to a price of $0.0088. <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/EAPH0901.png\" border=\"0\" alt=\"EAPH0901.png\" title=\"EAPH0901.png\" width=\"400\" height=\"178\" \/> <\/p>\n<p><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=EAPH\">EAPH<\/a> was a barely traded ticker that started to root into the marijuana trend as early as last November, and now it is no wonder it was added to investors&#8217; preferences. <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/PLPED0901.png\" border=\"0\" alt=\"PLPED0901.png\" title=\"PLPED0901.png\" width=\"350\" height=\"156\" \/><\/p>\n<p>Still, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=EAPH\">EAPH<\/a> is one of the tickers we warned about, holding much more red flags than better- quality pot stocks. In the past, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=EAPH\">EAPH<\/a> was reaping the benefits of the dubious Mexican cancer-fighting industry, trying to push a new drug proposal.<\/p>\n<p>For <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=EAPH\">EAPH<\/a>, the new recipe is quickly finding a supplier and distribution channels, so it could get onto the medical and recreational marijuana bandwagon. But until then, the very low price will mean short-term volatility remains elevated.<\/p>\n<p>The next big news for the marijuana sector will be the clearance for banks to be able to smoothly run the transactions of the business, without the document-heavy requirements related to handling potentially criminal money transfers. So far, sales need to happen in cash, which has proven difficult for both medical and recreational vendors.<\/p>\n<p>And <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=EAPH\">EAPH<\/a>, despite its past history, seems quite well equipped to move into the marijuana business in earnest, holding:<\/p>\n<ul>\n<li>$95 thousand cash <\/li>\n<\/ul>\n<ul>\n<li>$208 thousand total current assets <\/li>\n<\/ul>\n<ul>\n<li>$406 thousand total current liabilities <\/li>\n<\/ul>\n<ul>\n<li>ZERO revenues since inception <\/li>\n<\/ul>\n<ul>\n<li>$47 thousand net loss <\/li>\n<\/ul>\n<p><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=EAPH\">EAPH<\/a> is yet another company that appropriated an old business model, through partnerships and internal changes, to the requirements of the newly booming sector. Vape Holdings, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=PLPED\">PLPED<\/a>) is the newly minted name of a former social network company that merged with a company exposed to the marijuana industry. The ticker easily reached $30 in the day of the split, and will have to show its mettle at the new hefty share price.<\/p>\n<p>AVT, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=AVTC\">AVTC<\/a>) also made a dramatic move, vaulting the $5 level in just two trading days, carried by the extreme appetite for newly discovered marijuana stocks.<\/p>\n<p>In case you would like to take part in the bonanza, it is best not to rely too much on a single star company, and make use of the bubbling over that has spread among many tickers, in different price ranges.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As we mentioned several times, marijuana stocks have different risk profiles, and with many newcomers among the most active OTC profiles, it was high time for another double-zero. More than $1.44 million were poured&#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":[1190,586,1193],"class_list":["post-3560","post","type-post","status-publish","format-standard","hentry","category-news","tag-avtc","tag-eaph","tag-plped"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3560","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=3560"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3560\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=3560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=3560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=3560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}