{"id":5995,"date":"2015-06-18T15:14:56","date_gmt":"2015-06-18T15:14:56","guid":{"rendered":"\/?p=5995"},"modified":"2015-06-18T15:39:28","modified_gmt":"2015-06-18T15:39:28","slug":"how-high-will-propanc-health-group-corp-otcmktsppch-climb","status":"publish","type":"post","link":"\/articles\/how-high-will-propanc-health-group-corp-otcmktsppch-climb\/","title":{"rendered":"How High Will Propanc Health Group Corp. (OTCMKTS:PPCH) Climb?"},"content":{"rendered":"\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/90\/90455\/fsafsfsa.png\" border=\"0\" width=\"417\" height=\"186\" \/>Propanc Health Group Corp. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=PPCH\">PPCH<\/a>) made an amazing 21.35% jump on a record volume yesterday, and by the look of today&#8217;s green opening, the ticker may well be poised for another rise today. <\/p>\n<p>This latest ascent was made possible by WealthyVentureCapitalist.com&#8217;s declaration that <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=PPCH\">PPCH<\/a> <\/strong>has what it takes to be the next Advaxis (NASDAQ: ADXS). Evidently, many investors believed that it really is &ndash; but should they have known better?<\/p>\n<p>Probably. It is common knowledge that the praise heaped on OTC Markets Pinksheets companies is to be taken with a grain of salt &ndash; especially if the company in question&#8217;s balance sheets look like this:<\/p>\n<ul>\n<li>Cash &#8211; $168 thousand<\/li>\n<li>Current Assets &#8211; $308 thosuand<\/li>\n<li>Current Liabilities &#8211; $2.1 million<\/li>\n<li>NO REVENUES<\/li>\n<li>Net Loss &#8211; $454 thousand<\/li>\n<\/ul>\n<p><strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=PPCH\">PPCH<\/a> <\/strong>doesn&#8217;t seem to have been too successful in creating investor value on that front. However, as horrendous as the company&#8217;s financials may be, <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=PPCH\">PPCH<\/a>&#8216;s <\/strong>share structure still manages to outdo them in sheer grimness. How?<\/p>\n<p>Let&#8217;s look at a brief summary of its status over the last couple of months, shall we?<\/p>\n<ul>\n<li>as of November 19, 2014 <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=PPCH\">PPCH<\/a> <\/strong>had 91 shares of common stock<\/li>\n<li>as of February 16, 2015 <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=PPCH\">PPCH<\/a> <\/strong>had 192 million shares of common stock<\/li>\n<li>as of May 15, 2015. <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=PPCH\">PPCH<\/a> <\/strong>had 335 million shares of common stock<\/li>\n<\/ul>\n<p>Most of that horrifying flood of dilution came from convertible notes with conversion provisions that could be called toxic at the very best.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: left;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/90\/90455\/dfsafasfs___copy.jpg\" border=\"0\" width=\"164\" height=\"91\" \/>Investors should take all these facts into consideration, before loading up on <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=PPCH\">PPCH<\/a> <\/strong>shares just because someone said a good word about the company. Failing to do so may well have horrible results &ndash; and sooner rather than later.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Propanc Health Group Corp. (OTCMKTS:PPCH) made an amazing 21.35% jump on a record volume yesterday, and by the look of today&#8217;s green opening, the ticker may well be poised for another rise today. This&#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":[1604],"class_list":["post-5995","post","type-post","status-publish","format-standard","hentry","category-news","tag-ppch"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/5995","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=5995"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/5995\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=5995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=5995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=5995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}