{"id":5606,"date":"2015-05-13T14:12:45","date_gmt":"2015-05-13T14:12:45","guid":{"rendered":"\/?p=5606"},"modified":"2015-05-13T14:34:04","modified_gmt":"2015-05-13T14:34:04","slug":"totally-hemp-crazy-otcmktsthcz-climbs-even-father-up","status":"publish","type":"post","link":"\/articles\/totally-hemp-crazy-otcmktsthcz-climbs-even-father-up\/","title":{"rendered":"Totally Hemp Crazy (OTCMKTS:THCZ) Climbs Even Father Up"},"content":{"rendered":"\n

Totally Hemp Crazy (OTCMKTS:THCZ<\/a>) jumped another 10.13% up the charts yesterday, as it announced some more good news. <\/p>\n

As per its PR announcements, “the third production run of the Rocky Mountain High hemp-infused beverages (60,000 cases) is being scheduled with the bottling plant with a target production date within two to three weeks<\/em>”.<\/p>\n

This was taken by investors as excellent news – and it probably is, as it shows that THCZ<\/a>‘s <\/strong>Amazon.com, Inc. (NASDAQ:AMZN) related efforts are bearing fruit – and fast.<\/p>\n

The prevalent opinion seems to be that this is THCZ<\/a>‘s <\/strong>ticket to profit – and, truth be told, judging solely by the company’s press releases, that seems more and more likely with each PR announcement.<\/p>\n

However, it is never wise to rely on just PR when making investments. Proper due diligence is much more than reading and blindly trusting pot-stock press releases.<\/p>\n

As we’ve said before, the company’s past achievements, as documented by its filings, aren’t exactly stellar. As MicroCapDaily keeps repeating, the company “has minimal assets and revenues and growing short term debt<\/em>“. THCZ<\/a> <\/strong>appears to be making revenues now – but there is currently no information regarding many factors that directly affect its profitability. How much revenue is it actually making? How much are the revenues THCZ<\/a> <\/strong>is currently making costing the company? Does it have a gross profit or loss so far?<\/p>\n

Unfortunately, THCZ<\/a> <\/strong>has not seen fit to provide investors with such information, and since it is a pinksheets company, it doesn’t seem likely that it will do so any time soon.<\/p>\n

Investors would do well to consider all these facts, as well as the fact that the company’s market cap is currently an overwhelming $91 MILLION, with a cool head before jumping on the THCZ<\/a> <\/strong>hype train.<\/p>\n","protected":false},"excerpt":{"rendered":"

Totally Hemp Crazy (OTCMKTS:THCZ) jumped another 10.13% up the charts yesterday, as it announced some more good news. As per its PR announcements, “the third production run of the Rocky Mountain High hemp-infused beverages...<\/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":[1306,1600],"class_list":["post-5606","post","type-post","status-publish","format-standard","hentry","category-news","tag-amzn","tag-thcz"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/5606","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=5606"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/5606\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=5606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=5606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=5606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}