{"id":517,"date":"2013-02-26T08:26:00","date_gmt":"2013-02-26T08:26:00","guid":{"rendered":"\/?p=517"},"modified":"2013-03-25T19:51:12","modified_gmt":"2013-03-25T19:51:12","slug":"terra-inventions-corp-otcterx-recharge-their-batteries-and-try-again","status":"publish","type":"post","link":"\/articles\/terra-inventions-corp-otcterx-recharge-their-batteries-and-try-again\/","title":{"rendered":"Terra Inventions Corp (OTC:TERX) Recharge Their Batteries and Try Again"},"content":{"rendered":"<p> <img loading=\"lazy\" decoding=\"async\" style=\"float: right; margin: 3px;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/6TERX.png\" border=\"0\" alt=\"6TERX.png\" title=\"6TERX.png\" width=\"450\" height=\"201\" \/>On February 14 Stock Mister started pumping Terra Inventions Corp (OTC:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TERX\">TERX<\/a>). The promotion didn&#8217;t really boost the price all that much, but it did gain a little. The next few sessions saw <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TERX\">TERX<\/a> fluctuating up and down a bit but, on the whole, it&#8217;s been performing rather steadily. <\/p>\n<p>Then, on February 18, we received another email, this time from Stock Stars in another attempt to artificially increase the prices. That didn&#8217;t work out as well and <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TERX\">TERX<\/a> continued to hover around the $0.30 per share mark.<\/p>\n<\/p>\n<p>Apparently, the people who are paying for these promotions are not happy with the way things are going and they initiated a third pump in just a couple of weeks. This time it&#8217;s Email Stock Picks who are touting <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TERX\">TERX<\/a>, but will it be third time lucky?<\/p>\n<p>There are a couple of reasons why <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TERX\">TERX<\/a>&#8216;s shares shouldn&#8217;t become more expensive. For one, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TERX\">TERX<\/a> have a pretty woeful-looking financial statement. They keep telling us how they are electric vehicle pioneers and how they have been at it for years, but the simple fact of the matter is, if you want to create a completely new way of propulsion for cars and bikes, you will need to have a lot of money. As we showed you in our previous articles, they don&#8217;t:<\/p>\n<ul>\n<li>cash: $44<\/li>\n<li>current assets: $4 thousand<\/li>\n<li>current liabilities: $2 million<\/li>\n<li>no revenue<\/li>\n<li>net loss for the last reported quarter: $39 thousand <\/li>\n<\/ul>\n<p>We also can&#8217;t help but thinking that <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TERX\">TERX<\/a>&#8216;s management team are hiding something from us &#8211; the name and ticker symbol are changed every now and then, we found articles stating that they have been investigated by SEC for fraudulent schemes and while a couple of years ago they were generating revenues, they are now forced to fill their financial statements with zeros.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: left; margin: 3px;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/7TERX_logo.png\" border=\"0\" alt=\"7TERX_logo.png\" title=\"7TERX_logo.png\" width=\"150\" height=\"87\" \/>Their shareholders have been tormented for years as well. There have been a number of stock splits and dilution so massive, it could make your head spin. This means that the people who once trusted them have lost nearly all of their money and while three years ago <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TERX\">TERX<\/a> was traded at around $100 per share, it is now struggling to break $0.30.<\/p>\n<p>Nevertheless, the hype continues and <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TERX\">TERX<\/a> are also willing to join in. They issued a press-release a couple of days ago, which, Email Stock Picks say, is huge news. We got intrigued and we checked it out. It turned out that <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TERX\">TERX<\/a> have signed a licensing agreement with a Canadian company called Lithium Electric Vehicle Corporation. We were quite sure that we have heard that name before and it turned out that we were right. The last time we saw it was, in fact, when we were  reading through <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TERX\">TERX<\/a>&#8216;s old financial reports. The same contract was signed back in 2010 and it was supposed to provide <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TERX\">TERX<\/a> with an easier way of selling their cars around the world. Things didn&#8217;t really take off, though. Lithium Electric Vehicle Corporation were not able to pay their license fees regularly and <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TERX\">TERX<\/a> didn&#8217;t sell any cars. As you&#8217;d expect, the agreement was terminated. Why do <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TERX\">TERX<\/a> think that things will be different this time, we don&#8217;t know, but we can say that we&#8217;re not ready to put our money on the success of this partnership.<\/p>\n<p>If investors think otherwise, though, it could raise the price, which is exactly what ALG Financial want. They are the ones who paid for the awareness campaign and, as we mentioned in our previous articles, they own at least 1.8 million shares of <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TERX\">TERX<\/a> common stock. We&#8217;re pretty sure that they are waiting for the right moment to sell them.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/email.thestockmarketwatch.com\/wf\/open?upn=vzZzBY9Y6niCD8OCkromjDCcSvKMEpqS40G2OupyPS6wy8KbBYGnlzVd3rvJlEpFC5azNZSkbwiaY4a7lcmNiNC9wog3pRNp6zixJk5pm-2FpGgDUNL3Y-2B7zScKZFX4pTRxVM7WHmbcmEA5y-2Bzen9a5NrUN8FDA590Sl-2FY-2Bmeaautqe4AqOPsHxfk6ag8cphEYWl1mZMcl9cqCSPHLpERD3w-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>On February 14 Stock Mister started pumping Terra Inventions Corp (OTC:TERX). The promotion didn&#8217;t really boost the price all that much, but it did gain a little. The next few sessions saw TERX fluctuating&#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":[174],"class_list":["post-517","post","type-post","status-publish","format-standard","hentry","category-news","tag-terx"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/517","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=517"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/517\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}