{"id":5027,"date":"2014-10-29T15:11:14","date_gmt":"2014-10-29T15:11:14","guid":{"rendered":"\/?p=5027"},"modified":"2014-10-29T15:11:22","modified_gmt":"2014-10-29T15:11:22","slug":"virtus-oil-and-gas-corp-fka-curry-gold-corp-otcbbvoil-struggling-with-the-market","status":"publish","type":"post","link":"\/articles\/virtus-oil-and-gas-corp-fka-curry-gold-corp-otcbbvoil-struggling-with-the-market\/","title":{"rendered":"Virtus Oil and Gas Corp. f\/k\/a Curry Gold Corp. (OTCBB:VOIL) Struggling With The Market"},"content":{"rendered":"\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/88\/88380\/voi.png\" border=\"0\" width=\"455\" height=\"203\" \/>Relentless pumping has brought Virtus Oil and Gas Corp. f\/k\/a Curry Gold Corp. (OTCBB:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=VOIL\">VOIL<\/a>) many ups and downs in the last couple of months. Now it looks like the company just entered another shaky period, losing 9.84% of its market value in yesterday&#8217;s session and gaining about 5% in early trading today. <\/p>\n<p>It is well known that pumped stocks carry the greatest risk of all the companies on the OTC Markets, but in spite of this <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=VOIL\">VOIL<\/a> <\/strong>has been quite popular with investors. Aggressive online promotions, paper mailers, reassuring PR and even telephone calls have pushed <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=VOIL\">VOIL<\/a> <\/strong>stock prices up on multiple occasions giving investors optimism, where there isn&#8217;t really cause for any.<\/p>\n<p>But what&#8217;s so grim about <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=VOIL\">VOIL<\/a>&#8216;s <\/strong>situation? Well, its SEC filings are a good place to look for the first clues to the answer to that question. As of the end of Q2 2014, the company had:<\/p>\n<ul>\n<li>Cash &#8211; $25 thousand<\/li>\n<li>Current liabilities &#8211; $82,220<\/li>\n<li>ZERO REVENUES<\/li>\n<li>Net loss &#8211; $531 thousand<\/li>\n<\/ul>\n<p>What&#8217;s worse is the fact that said report gave more bad news than just the sad numbers contained in <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=VOIL\">VOIL<\/a>&#8216;s <\/strong>balance sheets. It clearly stated that the drilling process that was supposed to start before February 2015 has been postponed to around September 2015, which means that <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=VOIL\">VOIL<\/a><\/strong>&nbsp;is still a long way away from beginning operations and an even longer way away from turning profitable.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: left;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/88\/88380\/zxcvzxcvzxcvzvxczvsdf.png\" border=\"0\" width=\"198\" height=\"82\" \/>So let&#8217;s do a recap on <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=VOIL\">VOIL<\/a>&#8216;s <\/strong>situation. Terrible financial sheets? Check. No sign of the company moving forward any time soon? Check. Pumps? Triple check. With this in mind, there&#8217;s only one thing left to say &#8211; let the buyer beware.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Relentless pumping has brought Virtus Oil and Gas Corp. f\/k\/a Curry Gold Corp. (OTCBB:VOIL) many ups and downs in the last couple of months. Now it looks like the company just entered another shaky&#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":[1440],"class_list":["post-5027","post","type-post","status-publish","format-standard","hentry","category-news","tag-voil"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/5027","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=5027"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/5027\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=5027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=5027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=5027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}