{"id":5442,"date":"2015-04-24T15:14:59","date_gmt":"2015-04-24T15:14:59","guid":{"rendered":"\/?p=5442"},"modified":"2015-04-30T10:57:47","modified_gmt":"2015-04-30T10:57:47","slug":"totally-hemp-crazy-otcmktsthcz-stumbles-once-more","status":"publish","type":"post","link":"\/articles\/totally-hemp-crazy-otcmktsthcz-stumbles-once-more\/","title":{"rendered":"Totally Hemp Crazy (OTCMKTS:THCZ) Stumbles Once More"},"content":{"rendered":"\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/89\/89904\/safasfasfasfasd.png\" border=\"0\" width=\"379\" height=\"169\" \/>Yesterday took Totally Hemp Crazy (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=THCZ\">THCZ<\/a>) 10.25% down the charts, and judging by today&#8217;s violent red start, this trading session may well end up bringing more of the same. <\/p>\n<p>And, truth be told, it wouldn&#8217;t be all that surprising if <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=THCZ\">THCZ<\/a>&#8216;s<\/strong> crash not only continued, but accelerated. Why?<\/p>\n<p>A look at the company&#8217;s latest financial report reveals the following unimpressive figures:<\/p>\n<ul>\n<li>Cash &#8211; $523 thousand<\/li>\n<li>Current Assets &#8211; $724 thousand<\/li>\n<li>Current Liabilities &ndash; $1.2 million<\/li>\n<li>Quarterly Revenue &ndash; $68 thosuand<\/li>\n<li>Quarterly Gross profit &ndash; $21 thousand<\/li>\n<li>Quarterly Net loss &#8211; $345 thousand<\/li>\n<\/ul>\n<p>True, <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=THCZ\">THCZ<\/a><\/strong> has made some progress that needs to be acknowledged. The company&#8217;s Amazon.com, Inc. (NASDAQ:AMZN)-related endeavors and the contract it has signed with Dr. Pepper&#8217;s bottler in Oklahoma are certainly steps in the right direction.<\/p>\n<p>However, those achievements can&#8217;t possibly justify <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=THCZ\">THCZ<\/a>&#8216;s<\/strong> current market cap of $90 MILLION. That&#8217;s just over the top &ndash; even by OTC Markets&#8217; exceedingly lax standards.<\/p>\n<p>Which is why it isn&#8217;t at all surprising to see the company&#8217;s price per share corrected as it is now.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday took Totally Hemp Crazy (OTCMKTS:THCZ) 10.25% down the charts, and judging by today&#8217;s violent red start, this trading session may well end up bringing more of the same. And, truth be told, it&#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":[1600],"class_list":["post-5442","post","type-post","status-publish","format-standard","hentry","category-news","tag-thcz"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/5442","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=5442"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/5442\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=5442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=5442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=5442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}