![\"EAPH1203.png\"](\"http:\/\/www.hotstocked.com\/articles-img\/small\/EAPH1203.png\" "\\"EAPH1203.png\\"")
<\/p>\n Easton Pharmaceuticals, Inc. (OTCMKTS:EAPH) is getting more serious about its future as an MMJ company, and the stock answered accordingly to another round of corporate updates. After a few uncertain days, EAPH added more than 69% to $0.0592, on buying volumes of $3.32 million, lower than the peak trading, yet recalling the activity of the more successful weeks. <\/p>\n
EAPH recently announced that it would be seeking up to $5 million in one financial year, by seeking the assistance of an accredited investor. The company would soon be aiming for a Reg A Filing. Along with the expanded financing of still unknown details, EAPH claims to have finalized its partnership in medical marijuana. Under the current financing agreement, EAPH could only access $1 million of financing per year- but that at least promises less debt and dilution.![\"GLCO1203.png\"](\"http:\/\/www.hotstocked.com\/articles-img\/small\/GLCO1203.png\" "\\"GLCO1203.png\\"")
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For EAPH, it is still early to tell the direction, as in the past weeks the ticker had successful periods followed by sell-offs. Investors’ forums are a perfect storm, with posts on the merits of EAPH being deleted. The critical atmosphere points out that EAPH is not ready with MMJ products, and is a formerly shady pink sheet that has one non-FDA product, and some attempts at stem cell treatments in Mexico. To top it off, EAPH is still remembered as insolvent, holding only:<\/p>\n
The partnership to form subsidiary Hemp Life Today, LLC is no less worrying, as EAPH chose none other than another dubious pink sheet company- Global Links, Corp. (OTCMKTS:GLCO<\/a>), a company claiming to be organizing the world’s largest barter trade exchange. Before that, GLCO<\/a> was a casino company and even a mining firm, with eight reverse-splits in its past to improve share structure. That, plus the hazy promise of a medical cannabis product, make EAPH sound less like a source of medical marijuana treatments and more like a disaster waiting to happen, especially following positive periods.<\/p>\n In comparison, the behavior of Creative Edge Nutrition, Inc. (OTCMKTS:FITX<\/a>“>FITX<\/a><\/a>) is quite different, the stock being a part of the marijuana index and thus receiving more constant attention. FITX<\/a>“>FITX<\/a><\/a> is a bit stagnant in the past weeks, hovering around $0.08. The company has the benefit of being a producer of supplements that could more easily bring to market a form of medical cannabis.<\/p>\n EAPH, however, is not the typical pharmaceutical company that could just expand its reach. On the positive side, EAPH plans to work on the Canadian market, and the business address given reveals a bustling business area in Toronto.<\/p>\n If you like EAPH for the relatively low price, which could allow significant daily run-ups, it is still best to be aware of the heavy publicity and artificial effects on the stock price. EAPH has had periods of sliding down as far as 50%, and is currently hovering near its two-year peak levels, so plan the timing and size of the investment accordingly.<\/p>\n","protected":false},"excerpt":{"rendered":" Easton Pharmaceuticals, Inc. (OTCMKTS:EAPH) is getting more serious about its future as an MMJ company, and the stock answered accordingly to another round of corporate updates. After a few uncertain days, EAPH added more...<\/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":[10,1237],"class_list":["post-4091","post","type-post","status-publish","format-standard","hentry","category-news","tag-fitx","tag-glco"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/4091","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=4091"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/4091\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=4091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=4091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=4091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}