{"id":5733,"date":"2015-05-23T11:12:28","date_gmt":"2015-05-23T11:12:28","guid":{"rendered":"\/?p=5733"},"modified":"2015-05-23T11:39:31","modified_gmt":"2015-05-23T11:39:31","slug":"boreal-water-collect-otcmktsbrwc-enters-triple-zero-land","status":"publish","type":"post","link":"\/articles\/boreal-water-collect-otcmktsbrwc-enters-triple-zero-land\/","title":{"rendered":"Boreal Water Collect (OTCMKTS:BRWC) Enters Triple Zero Land"},"content":{"rendered":"\n

Boreal Water Collect (OTCMKTS:BRWC<\/a>) was dragged kicking and screaming all the way down to $0.0009 during yesterday’s session, in yet another horrifying display of what looks like a bad fit of share dumping. <\/p>\n

Yesterday’s drop, as well as that which happened on May 15 and May 19 should not really come as much of a surprise to anyone that has done any due diligence on BRWC<\/a><\/strong>.<\/p>\n

A glance at the company’s financials reveals the following unimpressive figures:<\/p>\n

Cash – $125 thousand
Total current assets – $542 thousand
Total current liabilities – $2.3 million
Sales – $531 million
Net loss – $301 thousand<\/p>\n

Perceptive report readers would have noticed that most of the $2.3 million listed under “Current Liabilities” are in the form of debt with conversion provisions that are, by all accounts, quite toxic.<\/p>\n

A perfect example that shows just how toxic said debt is, is the announcement that in the first quarter of 2015 alone unrelated parties have acquired over 133 million shares at $0.0006<\/strong><\/span> a piece as a result of conversions. As the charts indicate, at the time of the conversions, BRWC<\/a>‘s <\/strong>prices per share were closer to $0.002 than to what said unnamed parties actually paid for said shares.<\/p>\n

Another 320 million shares were issued to more unknown parties at $0.0003 per share<\/strong><\/span> in the span of the last two months or so.<\/p>\n

<\/p>\n

In conclusion – there is a lot of toxic dilution going on in BRWC<\/a><\/strong>, and one look at the charts makes it clear why “unrelated parties” may want to dump their dirt-cheap shares on the market, before the ticker stumbles low enough to make said dump unprofitable. The end result is that BRWC<\/a> <\/strong>stock has been diluted 488% in the last six months alone.<\/p>\n

Investors who value their money should definitely take such details into account.<\/p>\n","protected":false},"excerpt":{"rendered":"

Boreal Water Collect (OTCMKTS:BRWC) was dragged kicking and screaming all the way down to $0.0009 during yesterday’s session, in yet another horrifying display of what looks like a bad fit of share dumping. Yesterday’s...<\/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":[1617],"class_list":["post-5733","post","type-post","status-publish","format-standard","hentry","category-news","tag-brwc"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/5733","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=5733"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/5733\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=5733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=5733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=5733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}