How Long Can Solar3D, Inc. (OTCMKTS:SLTD) Advance

[[tagnumber 0]][[tagnumber 1]]The stock of Solar3D, Inc. (OTCMKTS:SLTD) has had a hard time keeping its positions throughout October and were quiet during the second half of the month, issuing absolutely no new press releases.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]In the end of last week the company finally broke its silence and issued a press release on Thursday with which it informed us that they have signed a definitive purchase agreement for the acquisition of 100% of [[tagnumber 6]]MD Energy, LLC[[tagnumber 7]], a solar systems provider in Southern California.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]This had an immediate effect on [[tagnumber 6]]SLTD’s [[tagnumber 7]]stock, as it rose 12.30% during the session on a daily trade value of almost $1 million. The optimistic press release pushed the ticker further up the next day also, and [[tagnumber 6]]SLTD [[tagnumber 7]]added another 25.71% to its price on a daily dollar volume of $1.55 million.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Yesterday, the company posted its report for the third quarter of the year, which strangely didn’t stop [[tagnumber 6]]SLTD [[tagnumber 7]]from rising. Let’s check the numbers of prime interest contained in the balance sheet so we can elaborate.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 25]] [[tagnumber 26]]cash: $1.28 million[[tagnumber 27]] [[tagnumber 26]]current assets: $4.4 million[[tagnumber 27]] [[tagnumber 26]]total assets: $7.08 million[[tagnumber 27]] [[tagnumber 26]]current liabilities: $17.76 million[[tagnumber 27]] [[tagnumber 26]]quarterly revenues: $6.43 million[[tagnumber 27]] [[tagnumber 26]]quarterly net loss: $13.76 million[[tagnumber 27]] [[tagnumber 38]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Overall, [[tagnumber 6]]SLTD [[tagnumber 7]]has decent cash positions and generates good revenues. In the hope of being fair we would also like to note that most of the net loss was due to change in fair value of derivative liability. On the other hand, we would like to point out that the current liabilities of [[tagnumber 6]]SLTD [[tagnumber 7]]have increased by a whopping 124% in just three months, while the assets have remained virtually the same.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Furthermore, instead of increasing, the revenues have decreased by more than $1 million compared to the second quarter of the year and this is exactly the reason for which we find it rather strange that [[tagnumber 6]]SLTD [[tagnumber 7]]added another 15.15% to its value yesterday and closed at $0.304, while a massive 14.53 million shares switched hands, generating a total daily dollar volume of $3.99 million.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]It seems, however, that more serious investors that take their time have become aware of the above facts as [[tagnumber 6]]SLTD [[tagnumber 7]]gapped down and opened at $0.2625 today. As of the writing of this article the company stock is 19.74% down in just 30 minutes of trading on a massive $1.99 million dollar volume.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Only time will tell if the ticker will correct itself or manage to make a miraculous recovery, despite all the red flags and the dilution, so be sure to do your due diligence and weigh out the risks before making any investment decisions.[[tagnumber 2]] [[tagnumber 0]][[tagnumber 64]][[tagnumber 65]][[tagnumber 2]]