BioLargo, Inc. (OTCMKTS:BLGO) Climbs A Bit higher

[[tagnumber 0]][[tagnumber 1]]After trading in obscurity for quite some time we finally saw some action from BioLargo, Inc. (OTCMKTS:BLGO) in the beginning of this month. The ticker surged an impressive 48.78% in the first session of the month on impressive volume, but the following sessions weren’t that promising.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]As [[tagnumber 6]]BLGO[[tagnumber 7]] climbed above the 50 cent per share mark we saw quite a bit of hesitation and the ticker was going up and down the charts. This is not surprising when you consider the increased amount of trading that we saw and the not–so–small market cap that [[tagnumber 6]]BLGO[[tagnumber 7]] possesses, compared to the rather poor financial state in which the company is according to the latest 10–Q.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 13]] [[tagnumber 14]]cash: $154 thousand[[tagnumber 15]] [[tagnumber 14]]current assets: $230 thousand[[tagnumber 15]] [[tagnumber 14]]current liabilities: $652 thousand[[tagnumber 15]] [[tagnumber 14]]quarterly revenues: $39 thousand[[tagnumber 15]] [[tagnumber 14]]quarterly net loss: $1.29 million[[tagnumber 15]] [[tagnumber 24]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The reason for the sudden interest in [[tagnumber 6]]BLGO[[tagnumber 7]] was the announcement of the presentation of the company’s AOS filter at a symposium that took place last month. As we previously wrote, the news weren’t spotted at first, but Emerging Growth LLC who had previously received $24 thousand in cash and $100 thousand in cash from [[tagnumber 6]]BLGO[[tagnumber 7]] issued a pimped out version of the press release that managed to attract investor attention.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The PR since then has been more fluff than actual news, but it has still managed to provide more upward movement for [[tagnumber 6]]BLGO.[[tagnumber 7]] We saw the ticker climb another 13.33% in yesterday’s session, climbing all the way to a new 52–week high of $0.68 on a daily dollar volume of $212 thousand.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The ticker is doing good in today’s session as well, but the high market cap shouldn’t be underestimated.[[tagnumber 2]]