{"id":7896,"date":"2016-05-19T11:02:04","date_gmt":"2016-05-19T11:02:04","guid":{"rendered":"\/?p=7896"},"modified":"2016-05-19T11:14:38","modified_gmt":"2016-05-19T11:14:38","slug":"appiphany-technologies-holdings-corp-otcmktsaphd-returning-to-rock-bottom","status":"publish","type":"post","link":"\/articles\/appiphany-technologies-holdings-corp-otcmktsaphd-returning-to-rock-bottom\/","title":{"rendered":"Appiphany Technologies Holdings Corp. (OTCMKTS:APHD) Returning To Rock Bottom"},"content":{"rendered":"\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/93\/93577\/big.gif\" border=\"0\" width=\"448\" height=\"259\" \/>Appiphany Technologies Holdings Corp. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=APHD\">APHD<\/a>) nearly managed to reach half a dollar after publishing its latest announcement and being hit with a paid pump o boot &ndash; but now it is returning back to the obscurity it managed to briefly crawl out of. <\/p>\n<p>The reason why <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=APHD\">APHD<\/a>&#8216;s <\/strong>astonishing jump did not turn into a prolonged surge should be obvious for anyone who has done any due diligence on the company. Put quite simply, <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=APHD\">APHD<\/a> <\/strong>was fueled by hype on its way up, but once it got to the top, the gains it made couldn&#8217;t be retained because it had literally nothing but touts to its name.<\/p>\n<p>Suffice it to say that the company&#8217;s latest filing looked like this:<\/p>\n<ul>\n<li>Cash &amp; current assets &ndash; $0.2 thousand<\/li>\n<li>Current Liabilities &#8211; $168 thousand<\/li>\n<li>Total Liabilities &ndash; 1.2 million<\/li>\n<li>NO REVENUES EVER<\/li>\n<li>Net Loss &ndash; $544 thousand<\/li>\n<\/ul>\n<p>Yes, these numbers are correct. Which means that, for a brief moment two days ago, a company with $200 to its name had a market cap of more than $12 million. One does not need to be an genius economist to immediately notice the inconsistency here, and to quickly deduce that a correction was inevitable. True to form, the market&#8217;s natural tendency towards equilibrium quickly saw to that.<\/p>\n<p>Or was it that $100 thousand worth of notes, that could convert into shares of <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=APHD\">APHD<\/a> <\/strong>common stock at a rate of $0.0025 that crashed the ticker? We may never know.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: left;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/93\/93577\/vcvzx.png\" border=\"0\" width=\"151\" height=\"56\" \/>Regardless, <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=APHD\">APHD<\/a> <\/strong>seems to be a perfect example of the perilous nature of paid pumps, and why investors need to think three times before trying to play them.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Appiphany Technologies Holdings Corp. (OTCMKTS:APHD) nearly managed to reach half a dollar after publishing its latest announcement and being hit with a paid pump o boot &ndash; but now it is returning back to&#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":[1189],"class_list":["post-7896","post","type-post","status-publish","format-standard","hentry","category-news","tag-aphd"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/7896","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=7896"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/7896\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=7896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=7896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=7896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}