B Green Innovations, Inc. (OTCMKTS:BGNN) Perks Up in 2014
B Green Innovations, Inc. (OTCMKTS:BGNN) is a master of dramatic shifts happening in the triple-zero and double-zero range. February was the time for another upward leg of the journey, quite a steep gain toward crossing over $0.001. On Tuesday, BGNN grew by more than 83%, jumping over to $0.0011. Dollar volumes were above $844,000. 
Due to the momentum of activity, this extremely underpriced stock is seeing more action than in past months. Otherwise, BGNN is outside any promotion, and there are no press updates to point out a possible future for the company. 
While BGNN forms a pattern that is habitual of marijuana stocks, in fact this company is dealing in bio-degradable and recycled materials. Unfortunately, it is not a regular filer, so we can hardly know how this activity would end up looking in the bottom line. The latest data are from 201, showing:
- $160,000 cash
- $215,000 total current assets
- $1.2 million total current liabilities
- $77,160 quarterly revenues
- $112,566 quarterly net loss
It seems like BGNN is the rarer underpriced company that shows enough activity, yet its stock price would not reflect that. BGNN is currently priced below $1 million, with around 898 million shares outstanding, and the lack of publicity or awareness is taking its toll with a lack of new investments. Also, compared to OTC filings in 2011, the results of BGNN are worsening a bit. Still, opinions on forums in the past days show an optimism that BGNN would be making a good run at least in the short term.
It is encouraging that the products of BGNN are being offered on Amazon.com, and with solid reviews showing a longer-term presence. When OTC companies sell products online, it is very often just another part of the empty publicity, and the reviews looks as if they were written to order.
A similar case with a company that has a developed product line, but its stock is barely lifted beyond double-zero, is Bebida Beverage, Inc. (OTCMKTS:BBDA), which is now retreating toward $0.0019. BBDA has a line of beverages, but its over-the-top stock dilution into above two billion shares.
Another fast-moving selection that relied mostly on momentum was Gold Coast Mining Corp. (OTCMKTS:GDSM), which retreated a little, and now has to prove if it can survive the latter part of the trading week above the current price of $0.0015.
If you like the events around BGNN, keep in mind that the trend has taken the shares not much farther from their peak price. And that all-time peak is not high at all, at $0.0022. While BGNN is making the rounds now, it is unknown how much the mood would keep, so it is best to estimate your preferred level of risk and avoid getting caught in a period of weak liquidity.
