{"id":7438,"date":"2015-11-11T15:02:05","date_gmt":"2015-11-11T15:02:05","guid":{"rendered":"\/?p=7438"},"modified":"2015-11-11T15:14:42","modified_gmt":"2015-11-11T15:14:42","slug":"mind-solutions-inc-otcmktsvois-shot-to-bits-after-massively-delayed-quarterly","status":"publish","type":"post","link":"\/articles\/mind-solutions-inc-otcmktsvois-shot-to-bits-after-massively-delayed-quarterly\/","title":{"rendered":"Mind Solutions Inc (OTCMKTS:VOIS) Shot to Bits After Massively Delayed Quarterly"},"content":{"rendered":"\n<p><img decoding=\"async\" style=\"float: right;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/91\/91944\/vois_chart.png\" border=\"0\" width=\"450\" \/>The popular saying &ldquo;better late than never&rdquo; seems to have been proven wrong. Mind Solutions Inc (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=VOIS\">VOIS<\/a>) filed its long-overdue quarterly report for the three months ended June 2015 on November 5. Since then the company&#8217;s share price has dropped 50%, right down to a fresh new 52-week low.<\/p>\n<p>In yesterday&#8217;s session <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=VOIS\">VOIS<\/a> slipped another 16%, landing at $0.0005 per share. Ahead of the filing, the stock was closing flat at $0.001 for days on end, on incomparably smaller daily volumes. The 2 million shares traded last Wednesday turned into yesterday&#8217;s 223 million, as investors are scurrying away in what could easily be described as panic.<\/p>\n<p>The report that was originally due by mid-August contains some pretty dire numbers. Here is a brief rundown of the balance sheet:<\/p>\n<ul style=\"list-style-type: disc;\">\n<li>$682 in cash<\/li>\n<li>$1.6 million in current liabilities<\/li>\n<li>ZERO in revenues for Jan &ndash; Jun 2015<\/li>\n<li>$4.1 million in net loss for Jan &ndash; Jun 2015<\/li>\n<\/ul>\n<p>Having less than a thousand dollars in cash and not making a dime of revenues over the first half of calendar 2015 is probably enough to give warier investors the shivers. Meanwhile, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=VOIS\">VOIS<\/a> is stacking losses at a rate of about $2 million per quarter. Q3 is now long gone and if it&#8217;s delayed similarly to the last report, it may be a while before investors can see how the stock performed in recent months.<\/p>\n<p><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=VOIS\">VOIS<\/a> is doing its best to assure everyone that its NeuroSync, dubbed the &ldquo;world&#8217;s smallest brain-computer interface&rdquo;, is really flying off the shelves after it launched in mid-July 2015. In late October the company informed the device was increasing its sales and was moving closer to becoming the &ldquo;best selling BCI device in the world&rdquo;. This is wonderful marketing chatter but it would be nice if it was backed up by some hard numbers and not generalities about orders on a &ldquo;weekly basis&rdquo;.<\/p>\n<p><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=VOIS\">VOIS<\/a> is the maker of a $99 software suite that allows users to play Call of Duty with the power of their mind. Make of that what you will.<\/p>\n<p>If adventurous traders feel like playing a bit of the &ldquo;catch a falling knife&rdquo; game, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=VOIS\">VOIS<\/a> may be a good pick. Those with a lower risk tolerance may want to be extra careful with this one.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The popular saying &ldquo;better late than never&rdquo; seems to have been proven wrong. Mind Solutions Inc (OTCMKTS:VOIS) filed its long-overdue quarterly report for the three months ended June 2015 on November 5. Since then&#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":[218],"class_list":["post-7438","post","type-post","status-publish","format-standard","hentry","category-news","tag-vois"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/7438","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=7438"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/7438\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=7438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=7438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=7438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}