{"id":3981,"date":"2014-02-25T14:14:06","date_gmt":"2014-02-25T14:14:06","guid":{"rendered":"\/?p=3981"},"modified":"2014-02-25T14:14:12","modified_gmt":"2014-02-25T14:14:12","slug":"media-technics-corp-otcmktsmedt-carried-over-another-strong-day","status":"publish","type":"post","link":"\/articles\/media-technics-corp-otcmktsmedt-carried-over-another-strong-day\/","title":{"rendered":"Media Technics, Corp. (OTCMKTS:MEDT) Carried Over Another Strong Day"},"content":{"rendered":"

Media Technics, Corp. (OTCMKTS:MEDT<\/a>) not only lived through another day, but did so with another fast increase in price. MEDT<\/a> gained 36% to $0.0034, on dollar volumes of $426,000. MEDT<\/a> has not offered new PR updates on its attempts to become a supplier of medical marijuana growth technologies. \"MEDT2502.png\" <\/p>\n

Investors’ forums remain very optimistic about MEDT<\/a> and its potential product sales- the company aims to supply LED lights and also participate in a joint venture to sell a greenhouse climate control system. There are claims that an order has been placed for nearly $250,000, but no further details. Also, the product is not unique and better developed alternatives exist. Still, MEDT<\/a> is seen as a “sleeping monster”, but will have to prove its value.\"FRTD2502.png\"<\/p>\n

Speaking of value, we have to wait a bit more for the turnaround to receive true updates on the financial situation of MEDT<\/a>. Currently, the OTC page shows a warning sign that the company may not be revealing information to the public. The filings available do not show the reserves or earnings, but only past activity when MEDT<\/a> worked as a solar energy company. MEDT<\/a> claims to have purchased 80 acres of land in California to build a solar electricity park, but so far we know little of what happened so that the business model changed instead to computer systems and LED lights.<\/p>\n

Also, MEDT<\/a> is on its seventh name and identity change, a usual trick for penny stock companies- but let’s see if the latest pot stock madness can remedy the relatively weak trading in the past years.<\/p>\n

In its fast climb, MEDT<\/a> recalls the behavior of Fortitude Group, Inc. (OTCMKTS:FRTD<\/a>), another newcomer to the medical marijuana industry. FRTD<\/a> rose on promises it would offer processing services through the specialized site eViteXchange.com, and now it is a matter of finding marijuana dispensaries that would agree to use the service. Still, FRTD<\/a> secured two phenomenal days, though it retreated a bit this Monday.<\/p>\n

Resource Ventures, Inc. (OTCMKTS:REVI<\/a>) is yet another low-priced stock that grew by five times when it promised it would be offering printing services for the intended magazine “Hemp Nation” in partnership with Hemp, Inc. (OTCMKTS:HEMP<\/a>).<\/p>\n

The last couple of weeks were marked by sub-penny stocks finding ways to transform themselves into hot marijuana tickers. It is best to be aware that fast climbers often go on to mark sharp losses, and MEDT<\/a> is too new to be reliable. Avoid investing sums that you cannot afford to lose in part or in whole, and check for yourself the quality of each very low-priced ticker, as both underlying potential and stock volatility vary greatly in the marijuana sector.<\/p>\n","protected":false},"excerpt":{"rendered":"

Media Technics, Corp. (OTCMKTS:MEDT) not only lived through another day, but did so with another fast increase in price. MEDT gained 36% to $0.0034, on dollar volumes of $426,000. MEDT has not offered new...<\/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":[1274,228,94,23],"class_list":["post-3981","post","type-post","status-publish","format-standard","hentry","category-news","tag-frtd","tag-hemp","tag-medt","tag-revi"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3981","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=3981"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3981\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=3981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=3981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=3981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}