Will Telupay International Inc (OTCMKTS:TLPY) Slip In Double-Zero Land

[[tagnumber 0]][[tagnumber 1]]2015 started rather slow for the stock of Telupay International Inc (OTCMKTS:TLPY) and the ticker managed to attract very little investor attention as it was making its way to the 20 cent per share mark.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Even the quarterly report for the period ended December 31, 2014 didn’t manage to provide even some attention to [[tagnumber 6]]TLPY[[tagnumber 7]]. This, however, isn’t that surprising when you consider that these are some of the numbers of prime interest contained in its balance sheet.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 11]] [[tagnumber 12]]cash: $3,864[[tagnumber 13]] [[tagnumber 12]]current assets: $24,021[[tagnumber 13]] [[tagnumber 12]]current liabilities: $3.27 million[[tagnumber 13]] [[tagnumber 12]]quarterly revenues: $58,136[[tagnumber 13]] [[tagnumber 12]]quarterly net loss: $460 thousand[[tagnumber 13]] [[tagnumber 22]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Then, in the beginning of March [[tagnumber 6]]TLPY [[tagnumber 7]]received some more exposure. Unfortunately, it wasn’t for a good reason. The company stock was pumped by paid promoters. The promotion did manage to attract investor attention, but unfortunately pushed the price down.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]It has been sliding ever since and [[tagnumber 6]]TLPY [[tagnumber 7]]has lost more than 95% of the value if had on March 6. And while the slide slowed down throughout April, the promoters have come to push it further down the charts.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Speak Easy Media is paying for the promoters’ efforts with the first emails hitting our inbox on April 28. After a massive 42.98% drop on April 30 some pumpers tried to spice things up by sending out “The Bounce Alert of a Lifetime”.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Not only did [[tagnumber 6]]TLPY [[tagnumber 7]]fail to bounce, but it lost another 17.16% in value the following sessions, finishing last week at a price of $0.0111 per share. This week hasn’t started any better and [[tagnumber 6]]TLPY [[tagnumber 7]]is 27.93% down as of the writing of this article, having crossed into double zero land.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Will the ticker manage to return above 1 cent is for time to tell. At this moment, [[tagnumber 6]]TLPY [[tagnumber 7]]is looking like a risky stock targeted by paid promoters, which is never something good. Be sure to do your due diligence and weigh out the risks before making any investment decisions.[[tagnumber 2]]