{"id":438,"date":"2013-03-05T09:07:00","date_gmt":"2013-03-05T09:07:00","guid":{"rendered":"\/?p=438"},"modified":"2013-03-25T19:43:49","modified_gmt":"2013-03-25T19:43:49","slug":"sollensys-corp-otcsols-corrects-on-quarterly-sales-record","status":"publish","type":"post","link":"\/articles\/sollensys-corp-otcsols-corrects-on-quarterly-sales-record\/","title":{"rendered":"Sollensys Corp. (OTC:SOLS) Corrects on Quarterly Sales Record"},"content":{"rendered":"<p> Selling suddenly spiked in the chart of Sollensys Corp. (OTC:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=SOLS\">SOLS<\/a>), wiping out more than 10% of the stock&#8217;s value in a day, as more than a million shares were shed on the market. Trading at 56 cents, this small cap company has a long way to fall and may yet rebound temporarily. <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/SOLS_new_0305.png\" border=\"0\" alt=\"SOLS_new_0305.png\" title=\"SOLS_new_0305.png\" width=\"400\" height=\"178\" \/> <\/p>\n<p>The relatively high price is held due to low activity, otherwise there is little in the assets of <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=SOLS\">SOLS<\/a> to warrant its 280-million-dollars market cap: <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/TERX0305.png\" border=\"0\" alt=\"TERX0305.png\" title=\"TERX0305.png\" width=\"350\" height=\"156\" \/><\/p>\n<ul>\n<li>$460 cash <\/li>\n<\/ul>\n<ul>\n<li>$149,744 current liabilities <\/li>\n<\/ul>\n<ul>\n<li>Zero revenues <\/li>\n<\/ul>\n<ul>\n<li>$62,288 net loss <\/li>\n<\/ul>\n<p>So far, only low volumes are protecting <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=SOLS\">SOLS<\/a> from deeper crashes, and the stock has fallen more on lower volume, going far from the $1 level in mid-February. The company has little to show in terms of activity, although it promises to seek a place in the touch screen market in the near future. <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=SOLS\">SOLS<\/a> will try to do this through its newly acquired subsidiary, the Korean Sollensys Corporation, a producer of touch screens. <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=SOLS\">SOLS<\/a> itself becomes a carrier for the South Korean company to trade on the US OTC markets.<\/p>\n<p>Trying to ride the hype of recent mainstream technologies is often the way for small cap companies to hook investors. Promising a certain marketing success, many tickers rise on promises of patents that would find a good market in established industries. This is the case of currently promoted Terra Inventions, Corp. (OTC:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TERX\">TERX<\/a>), which plans to offer proprietary technology for electric vehicles. The ticker was picked by Fast Moving Stocks for a budget of $10,000 and the paid pump has activated the volume in the past weeks.<\/p>\n<p>When a new ticker comes to life, it is best to do your own estimation of risks and a company&#8217;s true value, as activity may cease at any moment, leaving you with unsellable depressed stocks. The next few days will show if <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=SOLS\">SOLS<\/a> will become a more active proposition or will sink back to insignificant volumes.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/email.thestockmarketwatch.com\/wf\/open?upn=vzZzBY9Y6niCD8OCkromjDCcSvKMEpqS40G2OupyPS6wy8KbBYGnlzVd3rvJlEpFU0huXiQc5hW7rsxLXLQNeP6m3N0IrIaoBuDrH8bE38ORXhX-2BHenCNTUG5SaZgsTKd95A-2F8own2-2BnVzCpeEdwuRLdApx-2FTKODQ9fZ5qMsnjpUiOLaGRsfT0LH2FjkhuR-2FdXOFjZvxi0eyyLinNZFdSQ-3D-3D\" alt=\"\" width=\"1\" height=\"1\" border=\"0\" style=\"height:1px !important;width:1px !important;border-width:0 !important;margin-top:0 !important;margin-bottom:0 !important;margin-right:0 !important;margin-left:0 !important;padding-top:0 !important;padding-bottom:0 !important;padding-right:0 !important;padding-left:0 !important;\"\/> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Selling suddenly spiked in the chart of Sollensys Corp. (OTC:SOLS), wiping out more than 10% of the stock&#8217;s value in a day, as more than a million shares were shed on the market. Trading&#46;&#46;&#46;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[160,174],"class_list":["post-438","post","type-post","status-publish","format-standard","hentry","category-news","tag-sols","tag-terx"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/438","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\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=438"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/438\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}