{"id":835,"date":"2013-01-16T04:52:00","date_gmt":"2013-01-16T04:52:00","guid":{"rendered":"\/?p=835"},"modified":"2013-03-25T20:14:40","modified_gmt":"2013-03-25T20:14:40","slug":"bio-matrix-scientific-group-inc-pinkbmsn-pump-by-awesome-penny-pick-fizzles","status":"publish","type":"post","link":"\/articles\/bio-matrix-scientific-group-inc-pinkbmsn-pump-by-awesome-penny-pick-fizzles\/","title":{"rendered":"Bio-Matrix Scientific Group, Inc. (PINK:BMSN) Pump by Awesome Penny Pick Fizzles"},"content":{"rendered":"<p> <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/2BMSN_chart.png\" border=\"0\" alt=\"2BMSN_chart.png\" title=\"2BMSN_chart.png\" width=\"450\" height=\"201\" \/>After a pumped move up the charts over a couple of days, yesterday Bio-Matrix Scientific Group, Inc. (PINK:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=BMSN\">BMSN<\/a>) closed over 25% down and reached $0.0026 at the bell, wiping the gains made over the previous session. Pumpers Awesome Penny Pick sent their subscribers another promotional email advertising <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=BMSN\">BMSN<\/a> moments before the company gapped down at the open and then proceeded to a deflated close. <\/p>\n<p>Awesome Penny Pick first touted <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=BMSN\">BMSN<\/a> on January 10, as part of their announced week-long promotional campaign, expected to land Awesome Penny a modest $5 thousand dollars. The promotion&#8217;s disclaimer urges people to do their own research on the stock. Sadly, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=BMSN\">BMSN<\/a> have still not filed their yearly 10-K report. The filing was once delayed through an NT 10-K&nbsp;delayed filing announcement. However, that extended the time frame up until January 15, i.e. yesterday. The 10-K is still not available and the company is flagged with the OTCMarkets.com &#8216;Pink limited information&#8217; symbol.<\/p>\n<p>The other most current report investors have as of now is the company&#8217;s last quarterly 10-Q which is for the period ended June, 2012 &#8211; hardly current or relevant at the present moment. The numbers in that also make it difficult to get excited about the stock:<\/p>\n<ul>\n<li>$29 thousand in cash<\/li>\n<li>$1.6 million in current liabilities<\/li>\n<li>ZERO revenue generated since inception<\/li>\n<li>$522 thousand net loss for the quarter ended June 2012<\/li>\n<\/ul>\n<p>The company had a little over 1 billion common shares issued and outstanding as of December 31.<\/p>\n<p>Promoters Awesome Penny Pick pumped other penny stocks before and the outcome of the promos was anything but good. In the summer of 2012 they promoted Empereal Americas, Inc. (PINK:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TEXX\">TEXX<\/a>). As the final push of the pump was over, the stock collapsed and is currently down about 90% from the peak reached during the pump.<\/p>\n<p>Investors may want to see what is really going on with <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=BMSN\">BMSN<\/a> as of the present moment before they decide to buy in on the promotional hype. Pumped sub-penny stocks are a highly speculative ground and are inherently very risky investments, because once the pump stops, the crash is almost unavoidable.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/email.thestockmarketwatch.com\/wf\/open?upn=vzZzBY9Y6niCD8OCkromjDCcSvKMEpqS40G2OupyPS6wy8KbBYGnlzVd3rvJlEpFTPQrU9nzdk2yi4-2FJKxNwhp-2BK-2F1220yRrOou4nqrGIkvssz6lQRsVvk5a-2FhAycEGjxGZm6-2F8wS5s-2BI38iSwaF7bXD-2BdiW6rOkV8Zwjh-2FLpwZbYGkPEMsXkzrRM35VP2dg\" alt=\"\" width=\"1\" height=\"1\" border=\"0\" style=\"height:1px !important;width:1px !important;border-width:0 !important;margin-top:0 !important;margin-bottom:0 !important;margin-right:0 !important;margin-left:0 !important;padding-top:0 !important;padding-bottom:0 !important;padding-right:0 !important;padding-left:0 !important;\"\/> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>After a pumped move up the charts over a couple of days, yesterday Bio-Matrix Scientific Group, Inc. (PINK:BMSN) closed over 25% down and reached $0.0026 at the bell, wiping the gains made over the&#46;&#46;&#46;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[167,143],"class_list":["post-835","post","type-post","status-publish","format-standard","hentry","category-news","tag-bmsn","tag-texx"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/835","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\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=835"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/835\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}