3D eye Solutions, Inc. (OTCMKTS:TDEY) Brought to Attention Again

Adding a third to a stock’s value is easy, if the stock stands below a penny. For 3D eye Solutions, Inc. (OTCMKTS:TDEY), it’s been a growth of 33.33% to $0.002, on dollar volumes just below $200K. TDEY would have been invisible on a stronger day, but surfaced among the most-traded tickers, and in the past three days share volumes easily vaulted 100 million.

TDEY did not manage to break the penny level, despite a good run in 2013. And now, the recent spike is coming at the end of a sliding period. Since the promotions ended in July, TDEY has been deflating, sometimes spiking up, but generally digging deeper under the 1-cent levels.

TDEY has not had PR updates since July, and the latest financial filings are still as follows:

• Zero revenues

• $52,000 net loss for last quarter of 2012

• Zero cash, $80,000 current assets, mostly receivables

• $1.2 million debt

As it is easily seen, the 3D visual systems business is still in development, mostly still an idea. Only as a speculation, large movie companies are mentioned as potential white knights for this small cap. But until 3D viewing really grabs users as the next hot technology, the success of TDEY is just a long shot.

The pumps for TDEY managed to call in George Sharp, an activist becoming even more overzealous with pumped stocks. But so far, the efforts of Mr. Sharp have had little effect on the behavior of penny stocks, except for the further noise he creates. Mr. Sharp himself has received his own investigation for abusing the law by filing too many lawsuits against promoted companies.

Technology has always been a lucrative promise for penny stocks. At a higher price range, Image Ware Systems, Inc. (OTCMKTS:IWSY) had its good run even without a pump, only based on future business promises. But in the past months, IWSY lost steam and gradually stepped back from a peak of $2.80 to the current levels of $1.80, with a falling trend.

Another breaking trend was the 3D printing, which helped boost the levels of Sigma Labs, Inc. (OTCMKTS:SGLB), as the stock shot from 3 to 13 cents, and later slid back, to stand around 7 or 8 cents. Investors quickly lost patience with SGLB, although the company held a lot more promise than TDEY.

We expect TDEY to return to relatively low-volume trading and exhibit most of the characteristics of a double-zero stock, which has also bottomed out at triple-zeroes. While TDEY may offer some wonderful short-term gains, it is best to stay away unless you can afford to lose a large part of your investment.