{"id":4457,"date":"2014-04-25T11:15:07","date_gmt":"2014-04-25T11:15:07","guid":{"rendered":"\/?p=4457"},"modified":"2014-04-25T11:15:09","modified_gmt":"2014-04-25T11:15:09","slug":"technoconcepts-inc-otcmktstcps-the-next-chosen-by-investor-izzy-zalcberg","status":"publish","type":"post","link":"\/articles\/technoconcepts-inc-otcmktstcps-the-next-chosen-by-investor-izzy-zalcberg\/","title":{"rendered":"TechnoConcepts, Inc. (OTCMKTS:TCPS): The Next Chosen by Investor \u201cIzzy\u201d Zalcberg"},"content":{"rendered":"<p> TechnoConcepts, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TCPS\">TCPS<\/a>) is sporting a horrid-looking graph, but that does not stop the company from vying for attention. On Thursday, the ticker slid by a fifth, getting to $0.0075. Dollar volumes were above $930,000, as trading is usually more subdued even for MMJ stocks. <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/TCPS0425.png\" border=\"0\" alt=\"TCPS0425.png\" title=\"TCPS0425.png\" width=\"400\" height=\"178\" \/> <\/p>\n<p>The piece of news that <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TCPS\">TCPS<\/a> constantly milks is the announcement that private investor Irwin &#8220;Izzy&#8221; Zalcberg bought shares in the company. Still, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TCPS\">TCPS<\/a> remains at rather risky double-zero positions, with large daily fluctuations. <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TCPS\">TCPS<\/a> once touched the two-cent levels, but that happened during the latest promotion by email in February. <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/ICBU0425.png\" border=\"0\" alt=\"ICBU0425.png\" title=\"ICBU0425.png\" width=\"350\" height=\"156\" \/><\/p>\n<p>Since then, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TCPS\">TCPS<\/a> mostly relies on the promises of the MMJ sector, and while the company has not defined its own cannabis activity clearly, it cites the great potential of the whole market, estimated at more than 10.2 billion. It is a whole other question how much of that value could go into the bottom line of <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TCPS\">TCPS<\/a>. Unfortunately, the company recently filed a declaration for the suspension of duty to report with the SEC. So now we have to trust either voluntary reports, or try to glean some information from years-old filings, containing:<\/p>\n<ul>\n<li>$933,000 cash <\/li>\n<\/ul>\n<ul>\n<li>$1.5 million total current assets <\/li>\n<\/ul>\n<ul>\n<li>$9.8 million current liabilities <\/li>\n<\/ul>\n<ul>\n<li>$2.8 million total revenues <\/li>\n<\/ul>\n<p>All of this may not be relevant in the short term, as <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TCPS\">TCPS<\/a> has the potential to stage significant changes in either direction. That is what investors are waiting for, at least what they reveal in the forum opinions- that <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TCPS\">TCPS<\/a> could make a sudden jump, and that the fallout of the last weeks may be compensated.<\/p>\n<p>But the move with Izzy Zalcberg seems like a publicity stunt, since we hardly know the size and terms of the investment. The name is known among MMJ companies, as several others claimed special attention from the investor, apparently waiting to gain on his celebrity status. One of the chosen was IMD Companies, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ICBU\">ICBU<\/a>), and the news of the special investor interest shot the stock up to a peak of $0.20. But the enthusiasm did not last long, as <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ICBU\">ICBU<\/a> slid significantly in a month of weakness across the board for pot stocks.<\/p>\n<p>A similar thing happened to Cyber Kiosk Solutions, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CYBK\">CYBK<\/a>), a vending machine company that promised to adjust its business to dispense medical cannabis. <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CYBK\">CYBK<\/a> was picked up by Zalcberg in February, continued upward strongly for a few days to a temporary peak at $0.30, only to slide down to $0.05.<\/p>\n<p>So if you think the special attention for <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TCPS\">TCPS<\/a> means a recommendation for buying, think again. The effect may be short-term at best. The MMJ sector is still in recovery, seeking direction, with small daily additions to the Marijuana index. The lack of a general tide to lift all stocks means that <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TCPS\">TCPS<\/a> contains even more risk to drop. While publicity may repair that for a while, choosing <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TCPS\">TCPS<\/a> should mean you are prepared for losses.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TechnoConcepts, Inc. (OTCMKTS:TCPS) is sporting a horrid-looking graph, but that does not stop the company from vying for attention. On Thursday, the ticker slid by a fifth, getting to $0.0075. Dollar volumes were above&#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":[203,1239,714],"class_list":["post-4457","post","type-post","status-publish","format-standard","hentry","category-news","tag-cybk","tag-icbu","tag-tcps"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/4457","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=4457"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/4457\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=4457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=4457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=4457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}