{"id":3948,"date":"2014-02-20T13:12:22","date_gmt":"2014-02-20T13:12:22","guid":{"rendered":"\/?p=3948"},"modified":"2014-02-20T13:12:45","modified_gmt":"2014-02-20T13:12:45","slug":"revolutionary-concepts-inc-otcmktsrevo-on-its-way-up-again","status":"publish","type":"post","link":"\/articles\/revolutionary-concepts-inc-otcmktsrevo-on-its-way-up-again\/","title":{"rendered":"Revolutionary Concepts, Inc.(OTCMKTS:REVO) On Its Way Up Again"},"content":{"rendered":"\n<p style=\"margin-bottom: 0in;\"><img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/re.png\" border=\"0\" width=\"400\" height=\"178\" \/>Revolutionary Concepts, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=REVO\">REVO<\/a>) jumped up again yesterday, managing to rise 39.02% by the time the closing bell struck.<\/p>\n<p style=\"margin-bottom: 0in;\">Company stock skyrocketed last Wednesday, when <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=REVO\">REVO<\/a> announced that it had signed an agreement for global licensing of its patented security systems. The company came through with a filing on the subject immediately, publishing an 8-K with the list of patents it will be sharing with its new partner on the very same date. Although the report outlined a promising deal that would bring $900 thousand directly the company&#8217;s pockets and ensure ongoing royalties, the fact that it failed to mention the name of the &ldquo;tech firm&rdquo; somewhat perplexing. <\/p>\n<p style=\"margin-bottom: 0in;\"><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=REVO\">REVO<\/a>&#8216;s momentum didn&#8217;t last long &ndash; it took just two sessions for the news to grow cold, at which point the company crashed right back down to $0.0123. <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=REVO\">REVO<\/a>&#8216;s descent was eventually halted and turned around by a new barrage of press releases that shamelessly promoted its stock, while containing no news or any other kind of valuable information.<\/p>\n<p style=\"margin-bottom: 0in;\">Despite giving potential investors nothing but hopeful optimism and empty forward-looking statements, the publications managed to push the ticker up the charts significantly. Yesterday <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=REVO\">REVO<\/a> closed at $0.017. Whether or not the company will be able to keep the pace is another matter entirely, as the it certainly doesn&#8217;t appear to have anything but hype going for it presently.<\/p>\n<p style=\"margin-bottom: 0in;\">In elaboration &#8211; the latest 10-Q <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=REVO\">REVO<\/a> filed covered the period ended Sept. 30, 2013 and contained the following unimpressive figures:<\/p>\n<ul>\n<li>cash &#8211; $4 thousand<\/li>\n<li>total assets &#8211; $244 thousand<\/li>\n<li>total current liabilities &#8211; $3.4 million<\/li>\n<li>No revenues<\/li>\n<li>annual net loss &#8211; $13.69 million<\/li>\n<\/ul>\n<p style=\"margin-bottom: 0in;\">Although the global licensing agreement certainly seems like a step forward, it might take some time before <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=REVO\">REVO<\/a> turns profitable, if that happens at all.<\/p>\n<p style=\"margin-bottom: 0in;\"><img loading=\"lazy\" decoding=\"async\" style=\"float: left;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/1REVO_LOGO.png\" border=\"0\" width=\"120\" height=\"50\" \/>Another company that rose dramatically during yesterday&#8217;s session is RESOURCE VENTURES (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=REVI\">REVI<\/a>), who managed an impressive 39.53% jump through publishing news on their income.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Revolutionary Concepts, Inc. (OTCMKTS:REVO) jumped up again yesterday, managing to rise 39.02% by the time the closing bell struck. Company stock skyrocketed last Wednesday, when REVO announced that it had signed an agreement for&#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":[23,468],"class_list":["post-3948","post","type-post","status-publish","format-standard","hentry","category-news","tag-revi","tag-revo"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3948","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=3948"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3948\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=3948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=3948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=3948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}