{"id":8250,"date":"2016-07-08T11:02:06","date_gmt":"2016-07-08T11:02:06","guid":{"rendered":"\/articles\/?p=8250"},"modified":"2016-07-08T11:15:11","modified_gmt":"2016-07-08T11:15:11","slug":"oroplata-resources-inc-otcbborrp-comes-tumbling-down","status":"publish","type":"post","link":"\/articles\/oroplata-resources-inc-otcbborrp-comes-tumbling-down\/","title":{"rendered":"Oroplata Resources Inc. (OTCBB:ORRP) Comes Tumbling Down"},"content":{"rendered":"<p>tags: ORRP <\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/93\/93873\/fasdfasdfasfasd.png\" border=\"0\" width=\"429\" height=\"191\" \/>Oroplata Resources Inc. (OTCBB:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ORRP\">ORRP<\/a>) managed to more than double its market cap in its latest surge that started about a month ago &ndash; but judging by the last few trading sessions, its momentum is well and truly spent. <\/p>\n<p>Yesterday&#8217;s trading saw the ticker crash 9.56% down the charts &ndash; and truth be told, that should have surprised no one. Why?<\/p>\n<p>The reason for pessimism with regards to <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ORRP\">ORRP<\/a>&#8216;s <\/strong>chances of retaining its ground is largely based in the company&#8217;s achievements to date, its financial standing and overall state. The problems with all of these can neatly be summarized in the following numbers, which are an excerpt from the company&#8217;s latest financial report:<\/p>\n<ul>\n<li>Cash &amp; total assets &#8211; $8 thousand<\/li>\n<li>Total Current Liabilities &#8211; $125 thousand<\/li>\n<li>No revenues ever<\/li>\n<li>Quarterly Net loss &#8211; $26 thousand<\/li>\n<\/ul>\n<p>Those numbers more than fail to impress &ndash; they hint at appalling idleness. The discrepancy between said state and the company&#8217;s current market cap of almost $50 MILLION should be obvious.<\/p>\n<p>The only silver lining that could be found in the current situation is that <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ORRP\">ORRP<\/a> <\/strong>doesn&#8217;t seem to have a tendency towards rampant dilution, which is more often than not what spells the doom for OTC Markets companies&#8217; investor value. <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ORRP\">ORRP<\/a>&#8216;s <\/strong>shares outstanding have remained a rock steady 40 million for quite some time now, and it doesn&#8217;t seem to have any toxic funding to its name &ndash; which is admirable.<\/p>\n<p><img decoding=\"async\" style=\"float: left;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/93\/93873\/vzxcvzxvxz.png\" border=\"0\" \/>Still, that is a small consolation, when the company in question has next to nothing but debt to its name. This is why it is no wonder that <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ORRP\">ORRP<\/a> <\/strong>is currently falling. No, as a matter of fact, the only thing that is strange in this whole situation is that the ticker has not crashed harder and faster.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>tags: ORRP Oroplata Resources Inc. (OTCBB:ORRP) managed to more than double its market cap in its latest surge that started about a month ago &ndash; but judging by the last few trading sessions, its&#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":[],"class_list":["post-8250","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/8250","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=8250"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/8250\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=8250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=8250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=8250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}