{"id":7324,"date":"2015-10-29T15:02:06","date_gmt":"2015-10-29T15:02:06","guid":{"rendered":"\/?p=7324"},"modified":"2015-10-29T15:14:40","modified_gmt":"2015-10-29T15:14:40","slug":"will-that-marketing-solution-inc-otcmktststs-find-a-bottom","status":"publish","type":"post","link":"\/articles\/will-that-marketing-solution-inc-otcmktststs-find-a-bottom\/","title":{"rendered":"Will That Marketing Solution Inc (OTCMKTS:TSTS) Find A Bottom?"},"content":{"rendered":"\n

<\/p>\n

Yesterday, in a single session, the stock of That Marketing Solution Inc (OTCMKTS:TSTS<\/a>) lost 64% of its value closing at $0.0061. In just four days the company has fallen from a high of $0.125 to a low of $0.0059. Investors who bought at prices above $0.1 could now be facing losses of more than 94%.<\/p>\n

The disastrous drop was sparked by a $50 thousand pump by the newsletter the Wolf of Penny Stocks but this was far from the first paid promotion for TSTS<\/a><\/strong>. In fact between February and September over 170 different email alerts touting the stock have been issued. In the world of pennystocks when such massive effort is made to artificially inflate a stock it usually means that some people own a vast amount of underpriced shares. \u0422STS <\/strong>is no different.<\/p>\n

A couple of year ago a group of investors bought 26.8 million shares for a total of $26,800<\/strong> or $0.001 for a single share. The last 8-K forms filed by the company showed that there are outstanding convertible notes that could be turned into shares at massive discounts ranging from 40% to 50%.<\/p>\n

The problem is that even without the risks associated with the pump TSTS<\/a> <\/strong>doesn’t become any less dangerous. As of May 31 the company had just:<\/p>\n

• $3238 cash
• $74,079 total current assets
• $622 thousand total current liabilities
• ZERO revenues
• $386 thousand net loss<\/p>\n

The possibility of more discounted shares to be printed and the abysmal financials could continue to depress the stock of the company. Investors who are hoping for a bounce must be extremely careful. Do extensive research and set appropriate time horizons for your trades. <\/p>\n","protected":false},"excerpt":{"rendered":"

Yesterday, in a single session, the stock of That Marketing Solution Inc (OTCMKTS:TSTS) lost 64% of its value closing at $0.0061. In just four days the company has fallen from a high of $0.125 to...<\/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":[1764],"class_list":["post-7324","post","type-post","status-publish","format-standard","hentry","category-news","tag-tsts"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/7324","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=7324"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/7324\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=7324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=7324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=7324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}