{"id":5656,"date":"2015-05-16T14:14:11","date_gmt":"2015-05-16T14:14:11","guid":{"rendered":"\/?p=5656"},"modified":"2015-05-16T14:34:07","modified_gmt":"2015-05-16T14:34:07","slug":"hangover-joes-holding-corporation-otcmktshjoe-crashes-horribly","status":"publish","type":"post","link":"\/articles\/hangover-joes-holding-corporation-otcmktshjoe-crashes-horribly\/","title":{"rendered":"Hangover Joe’s Holding Corporation (OTCMKTS:HJOE) Crashes Horribly"},"content":{"rendered":"\n

Hangover Joe’s Holding Corporation (OTCMKTS:HJOE<\/a>)’s fevered ascent turned into a terrifying nose-dive that cost the company 34.78% of its market cap yesterday. <\/p>\n

Although the ticker’s abrupt fall is certainly violent enough to give its supporters a splitting headache, this turn of events should not come as a surprise to anyone that has done any due diligence on HJOE<\/a><\/strong>. Any investor who had been prudent enough to look at the company’s OTC Markets profile should have had enough of a warning on the matter – because in spite of what the ticker’s movements in the last few sessions suggest, HJOE<\/a>‘s <\/strong>fundamentals look simply atrocious.<\/p>\n

First off, its tag on the OTC Markets as “limited information<\/strong><\/span>” is well deserved – HJOE<\/a> <\/strong>is months overdue on its financial reports. There is almost no reliable information on it online, and what little there is is disconcerting to say the least.<\/p>\n

For instance, the last time the company reported, its balance sheets looked like this:<\/p>\n