{"id":4235,"date":"2014-03-27T16:13:32","date_gmt":"2014-03-27T16:13:32","guid":{"rendered":"\/?p=4235"},"modified":"2014-03-27T16:13:39","modified_gmt":"2014-03-27T16:13:39","slug":"can-strategic-global-investments-inc-otcmktsstbv-stay-away-from-rock-bottom","status":"publish","type":"post","link":"\/articles\/can-strategic-global-investments-inc-otcmktsstbv-stay-away-from-rock-bottom\/","title":{"rendered":"Can Strategic Global Investments, Inc. (OTCMKTS:STBV) Stay Away From Rock Bottom"},"content":{"rendered":"<p> <img loading=\"lazy\" decoding=\"async\" style=\"float: right; margin: 3px; border: 0px;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/STBV_chart.png\" border=\"0\" alt=\"STBV_chart.png\" title=\"STBV_chart.png\" width=\"400\" height=\"178\" \/>Even though Strategic Global Investments, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=STBV\">STBV<\/a>) entered the medical cannabis industry, their stock&#8217;s chart performance is unlike any of the other companies&#8217; in the sector and there is a reason for that. <\/p>\n<p>The actions of the company&#8217;s management are quite controversial and raise a lot of eyebrows. In our previous article on <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=STBV\">STBV<\/a> we mentioned one of the most concerning problems that any investor would see with their stock &#8211; dilution.<\/p>\n<p>The absurd amount of 100 billion authorised shares for a company that is in a bad financial state and the subsequent offer of 30 billion shares at a price of $0.0001 to acquire $1 million in funding shows that the management holds little regard for shareholder value and the damage that would be caused by the dilution.<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>cash: $13 thousand<\/li>\n<li>total assets: $754 thousand<\/li>\n<li>current liabilities: $379 thousand<\/li>\n<li>revenue: $476<\/li>\n<li>net loss: $316 thousand<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: left; margin: 3px; border: 0px;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/256LOGO.png\" border=\"0\" alt=\"256LOGO.png\" title=\"256LOGO.png\" width=\"100\" height=\"57\" \/>These are figures from their report for the period ended September 30, 2013, filed under the alternative reporting standard with the OTC markets that show that the management hasn&#8217;t been doing a good work considering the revenue for the same period in 2012 was $18 thousand. And even though the company is not a SEC filer, however, it had to deal with with the Division of Corporation Finance of the authority concerning their current financing activities.<\/p>\n<p>Despite all the trouble it seems that yesterday&#8217;s announcement that the company has engaged a medical cannabis consulting firm to help them with their business plan seems to have paid off for the individuals that decided to purchase shares under the offering for $0.0001 each.<\/p>\n<p>After hitting rock bottom in Tuesday, the ticker jumped 300% and closed at $0.0003 yesterday on a massive volume. We saw a mind-numbing 4.3 billion shares switch hands during the session that generated $1.5 million in trade value despite the low price per share.<\/p>\n<p>Today, the company updated its shareholders on the progress and it looks like they have equiped a facility after purchasing products from Growlife, Inc. (OTCBB:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=PHOT\">PHOT<\/a>). Will that be enough to prevent another trip to $0.0001, however, is for time to tell.<\/p>\n<p>In any case, be sure to do a lot of due diligence and weigh out the risks before deciding if <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=STBV\">STBV<\/a> is a worthy investment choice.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: right; margin: 3px; border: 0px;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/29ERBB_chart.png\" border=\"0\" alt=\"29ERBB_chart.png\" title=\"29ERBB_chart.png\" width=\"350\" height=\"156\" \/>We see that the interest in Hemp, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=HEMP\">HEMP<\/a>)&#8217;s stock has dwindled away lately and the stock is making small percentile movements while volumes are decreasing. Tranzbyte Corp. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ERBB\">ERBB<\/a>) looks more attractive and sees some intense trading recently.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Even though Strategic Global Investments, Inc. (OTCMKTS:STBV) entered the medical cannabis industry, their stock&#8217;s chart performance is unlike any of the other companies&#8217; in the sector and there is a reason for that. The&#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":[173,228,21,569],"class_list":["post-4235","post","type-post","status-publish","format-standard","hentry","category-news","tag-erbb","tag-hemp","tag-phot","tag-stbv"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/4235","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=4235"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/4235\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=4235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=4235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=4235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}