{"id":6822,"date":"2015-09-11T10:14:43","date_gmt":"2015-09-11T10:14:43","guid":{"rendered":"\/?p=6822"},"modified":"2015-09-11T10:39:30","modified_gmt":"2015-09-11T10:39:30","slug":"cell-medx-corp-otcbbcmxc-wakes-up","status":"publish","type":"post","link":"\/articles\/cell-medx-corp-otcbbcmxc-wakes-up\/","title":{"rendered":"Cell MedX Corp (OTCBB:CMXC) Wakes Up"},"content":{"rendered":"\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/91\/91295\/cmxc.png\" border=\"0\" width=\"400\" height=\"178\" \/>Cell MedX Corp (OTCBB:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CMXC\">CMXC<\/a>) logged a 52-week high of over $0.80 per share in January, but unfortunately, there wasn&#8217;t much to suggest that it can remain there for long. The financial statements were showing lack of cash and revenues and the news wasn&#8217;t particularly encouraging. Last but not least, the ticker was being pumped by the infamous Charles Moskowitz who was saying that if you were to invest $5,000 in <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CMXC\">CMXC<\/a><\/strong>, you would eventually be able to walk away with $74,500. <\/p>\n<p>The people who invested $5,000 when <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CMXC\">CMXC<\/a><\/strong> was hovering near its 52-week high now have shares that are worth about $1,360. Nevertheless, the ticker is moving. <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CMXC\">CMXC<\/a><\/strong> was sitting at $0.22 per share when yesterday&#8217;s closing bell rang which represents only a 5% increase on Tuesday&#8217;s value. It did, however, make some rather interesting swings throughout the day and it also logged a dollar volume of just under $170 thousand which means that we have to ask the same question we were asking eight months ago: &ldquo;<em>Can <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CMXC\">CMXC<\/a><\/strong> remain calm at these levels?<\/em>&rdquo;.<\/p>\n<p>The company filed its annual report for the period ended May 31 last week, so it&#8217;s only natural to start looking for the answer by examining the financials. Here they are:<\/p>\n<ul>\n<li>cash: $1,258<\/li>\n<li>current assets: $20,718<\/li>\n<li>current liabilities: $730,630<\/li>\n<li>revenues: $42,624<\/li>\n<li>net loss: $1,031,400<\/li>\n<\/ul>\n<p>Some of you will probably see the revenues and think that <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CMXC\">CMXC<\/a><\/strong> have miraculously managed to commercialize their technology in record time. Then, they&#8217;ll take a closer look and they&#8217;ll see that the revenues in question come from the sale of spa equipment and educational courses.<\/p>\n<p><strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CMXC\">CMXC<\/a><\/strong> actually experienced some delays in the funding commitments which means that they couldn&#8217;t carry out all the clinical trials they had originally planned. The recent press releases don&#8217;t really suggest that the company has quicken its pace on that front.<\/p>\n<p>And that makes the current social media hype around the stock all the stranger. It is a fact, though. Quite a lot of optimistic tweets and posts appeared around the internet yesterday and the increased volume clearly show that they had an impact on the market.<\/p>\n<p>Quite what <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CMXC\">CMXC<\/a><\/strong>&#8216;s supporters are so excited about remains a mystery, but it does give certain people the chance to make some money out of the stock. We&#8217;re talking, of course, about the investors who acquired a grand total of 15 million shares at a price of $0.002 per share. More details about this can be found in our article from January.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cell MedX Corp (OTCBB:CMXC) logged a 52-week high of over $0.80 per share in January, but unfortunately, there wasn&#8217;t much to suggest that it can remain there for long. The financial statements were showing&#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":[1845],"class_list":["post-6822","post","type-post","status-publish","format-standard","hentry","category-news","tag-cmxc"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/6822","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=6822"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/6822\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=6822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=6822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=6822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}