BNPD

Is Bionic Products Inc (BNPD)’s rally sustainable?


BIONIC PRODUCTS INC (Public, PINK:BNPD) shares had an amazing run up and soared 37% to close at $0.03 hefty volume of 11.47 million shares – more than 5.50X its average volume.

Yesterday’s sharp rise was followed by BNPD’s press release, which stated that the company has obtained “Limited Information” status s on the OTC Markets exchange, which was only possible after updating their financial positions and posting a legal opinion to explain them.

The stated news was successfully convinced its shareholders as its increases their confidence about the where about of the company and would also help in improving their liquidity over the span of time.

BNPD stock is trading very near to its 52-week high of $0.04. Like every penny stock, we really need to focus on sustainability of the recent rally.

If we go and search the company’s financial background, the company had no assets, while liabilities contains $129,500 as of May 17, 2011. Moreover, the company is yet to generate any revenue.

BNPD is into a business of oil and gas exploration, which is targeted to expand by acquiring and exploiting high rated oil properties.

So, before entering into BNPD, one needs to look at the company’s performance as well sustainability at current price

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IVT Software IVTW

Is IVT Software Inc (OTC:IVTW)’s  Rise Sustainable?


Shares of IVT Software Inc (OTC:IVTW) have moved higher by over 71% over the past three trading sessions. Today’s volume of over 286K shares so far is the highest at least in the past 8 months of trading sessions.

There were no new which justifies this sharp rise. However, IVTW stock is highly promoted and that’s why we are seeing such huge pop up in the stock.

One should not forgot that IVTW had such large pop-up and pop-down in the past. The stock had fallen from $6.40 in late December to $1.25 in just three and a half months.

One thing, which is looking suspicious here, is that although price movement is large, but volume is low, which might be the reason for such gains. But, this doesn’t guarantee the stoppage of further upside.

IVTW was better known as HWI Global, which was merged with Haddad Wylie Industries, LLC in late December.

We have not seen much volume into the IVTW stock since that merger. But, today’s unusual volume still looks suspicious. So we need to see the sustainability of the recent rally.

Looking at the financials, the company had revenue of $793812 for the quarter ended March 31, 2011 with net loss of $ 441,374. Total assets stood at $ 757,298 with current assets of $ 686,810 and current liabilities stood at $ 2,112,191.

The company is engaged in providing renovation systems for advanced cleanrooms.  The company’s flagship product is Bio-GardTM.

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OMPG

All eyes on Conference Call : OPMG


Options Media Group Holdings, Inc. (PINK:OPMG)has been showing eye catching movement very since the company had announced about the restructuring of its business and changing its company name.

On May 16, 2011, OMPG disclosed that it will write off some of its existing assets in order to focus on its core business i.e. mobile and smart phone applications.

OMPG is scheduled to discuss these details later today in a conference call.On May 17, 2011, the stock had soared 200% on massive volume and since then it has further moved up by 33%. Volume is still attractive as traders will watch for company’s discussion.

The company has a flagship product with a name of The DriveSafe Software Suite and they are planning to market this products.

So the future of OMPG’s potential will determined only when the company will come out with their product and how it will be responded by markets.

For the quarter ended March 31, the company had $ 324,760 in revenue, while it had a net loss of $ 845,680. Company’s Total Current Liabilities exceed Total Current Assets by $ 1 017 171.

Technically, the OMPG stock is trading above its 50-Day Moving Average and 200-Day Moving Average of $0.01 and $0.02 respectively.

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SFIO

Smokefree Innotec Inc (PINK:SFIO) had An Dream Run


If you are a penny stock lover and dreaming about multiplying your money in very short term, then probably are the luckiest person if you had bought SMOKEFREE INNOTEC INC (PINK:SFIO) two weeks ago.

SFIO started gaining momentum on May 11, 2011, when the stock doubled to $0.02 on huge volume of 123 million shares. Next day was even stronger, with the stock gaining another 200% on a whopping volume of 132 million shares.

Then, SFIO moved within range of $0.05 to $0.08 in the next one week. In the past two trading sessions, the stock has corrected by one third of its price to $0.04 on lower than the average volume.

Recent rally was largely driven by company’s announcing of signing an Exclusive worldwide distribution contract, which would help them to market their e-cigarettes aggressively.

If we look at the company’s business, the company is engaged in designing, developing, manufacturing and marketing hi-tech, nicotine and non-nicotine cigarette-like delivery devices, which doesn’t affect one’s health and very useful for smokers, who wants to leave their habit of smoking.

Last week, the company said that its products would be available for order on their website.

For the financial year 2010, SFIO had revenue of $18, 931 and a loss of $151,214.20. The company’s total current assets have been greater then total current liabilities, which could affect its shareholders fund.

Considering current news flow, traders might rush into buying SFIO

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IFRS

IFRS Falls Sharply On Profit Booking


After a whopping 400% rally in the past one week, shares of Infrared Systems International (OTC:IFRS) slumped 36.36% on Wednesday as penny stock investors preferred to book their profits.

Shares of IFRS got huge attention from traders after announcing its results for the quarter ending December 31, 2010 on May 18, 2011..

Total sales in the reported quarter increased in multiples of 7.56 from $16.8K in the prior year period to $143.58K of which revenue from sales of Company’s offerings comprised 79.55% of the total revenues. Revenue from Infrared Systems IFRS services offered was $11.763K in the reported quarter.

Gross profit was up 478% to $97.056K from $16.8K posted in the prior year period representing gross margin of 67.6%. Cost of goods sold in the prior year period was zilch and the revenue represented income from royalty.

Expenses incurred quarter was $467.2K as compared to operating expenses of $32.53K incurred in the same quarter of fiscal 2010. This included goodwill impairment loss of $315.484K reported in relation to the acquisition of AquaLiv Inc.

Excluding the impact of impairment loss net loss incurred by Infrared Systems IFRS was $57.234K which compared to net loss of $16.857K incurred in the prior year period.

Infrared Systems International is up 283% since the last three trading upward movement noticed after the Company’s filing of its quarterly results. The Company is trading on very high volume of 9.64 million shares at $0.009.


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