{"id":4061,"date":"2014-03-07T16:12:30","date_gmt":"2014-03-07T16:12:30","guid":{"rendered":"\/?p=4061"},"modified":"2014-03-07T16:12:37","modified_gmt":"2014-03-07T16:12:37","slug":"apple-rush-company-otcmktsapru-boosted-by-news","status":"publish","type":"post","link":"\/articles\/apple-rush-company-otcmktsapru-boosted-by-news\/","title":{"rendered":"Apple Rush Company (OTCMKTS:APRU) Boosted By News"},"content":{"rendered":"

\"APRU_chart.png\"Apple Rush Company (OTCMKTS:APRU<\/a>)’s stock rarely got dollar volumes about $50 thousand, but was cradually ascending the charts in the past month. There were of course some sessions in the red, however, things were looking good. <\/p>\n

Yesterday, the company announced that they have signed a Memorandum of Understanding with LiveWire Egogenics, Inc. (OTCMKTS:LVVV<\/a>), who will purchase the controlling interest in APRU<\/a> alongside the brand formulas, applied-for trademarks and intellectual property.<\/p>\n

The company will also be renamed LiveWire Herbaceuticals, Inc. but there is no mention if there will be a symbol change. Still, the news were considered good and APRU<\/a>‘s stock made a good jump, and a there was lot more trading than usual.<\/p>\n

The gain at the end of the day was 66% and as the company stock went on to close at $0.003 we saw some 107.8 million shares change their owners, in term generating a decent $380 thousand in dollar volume.<\/p>\n

Today’s session, however, isn’t going that well and yesterday’s gain is almost obliterated, just 1 hour into trading, after APRU<\/a> gapped up and opened at $0.0042. Only time will show if there will be a more serious correction.<\/p>\n

\"767LOGO.png\"What is the actual situation in the company? It is hard to tell, because they haven’t filed a report for quite a long time. In fact, enough time to be marked with the red stop sign in the OTC markets as OTC Pink No Information.<\/p>\n

The last financial statement that we saw was covering the period ended March 31, 2012 and it wasn’t something that you would expect from a company that has been incorporated in 1998, although they claim to have been operating for 43 years.<\/p>\n

Back in 2012, the company had $0 cash on hand, $4 million in current liabilities, $374 thousand in total assets, zero quarterly revenues and a $122 thousand net loss. With these numbers back then, we can’t say we expect that they did much afterwards, considering they are not too keen on sharing the information.<\/p>\n

We can’t say that LVVV<\/a> are doing a lot better, but at least they are generating revenues. The company has $24 thousand in cash, almost a million in liabilities, $112 in quarterly revenues and a $976 thousand quarterly net loss (74% of which is out of general and administrative expenses) for the quarterly period ended September 30, 2013.<\/p>\n

\"9BHRT_chart.png\"This is the exact reason for which we would advise you to do your due diligence and weigh out the risks, before deciding to invest in APRU<\/a>.<\/p>\n

Bioheart, Inc. (OTCMKTS:BHRT<\/a>) also had a great session, third one in a row, gaining 52% in price on high volumes, but is following APRU<\/a>‘s steps today. ZAP (OTCMKTS:ZAAP<\/a>), however, was the biggest winner of the day, with a 306% burst.<\/p>\n","protected":false},"excerpt":{"rendered":"

Apple Rush Company (OTCMKTS:APRU)’s stock rarely got dollar volumes about $50 thousand, but was cradually ascending the charts in the past month. There were of course some sessions in the red, however, things were...<\/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":[1301,551,198,1299],"class_list":["post-4061","post","type-post","status-publish","format-standard","hentry","category-news","tag-apru","tag-bhrt","tag-lvvv","tag-zaap"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/4061","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=4061"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/4061\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=4061"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=4061"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=4061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}