Data Call Technologies, Inc. (OTCMKTS:DCLT) Starts The Month With A Blast.

So the 2,8 million that were shifted on August 1 were a sight to behold. What was even more impressive though was the jump in price. DCLT closed 537% above its previous closing price of 0.011. This amazing momentum spilled over into Friday’s market when they climbed even higher but started retracing after 1 o’clock. Just minutes before the end the ticker still managed to recover and in the end was 5% up at $0.074. Investors showed even stronger interest by trading 4.2 million of the company’s shares.

All the commotion around DCLT can largely be attributed to an alert sent by the StockPsycho. Although this time they disclosed receiving no compensation they usually get quite serious sums for their services which in no way indicates that the pump will be a success. On July 19 the StockPsycho bagged $60 thousand in order to join the promotion for US Energy Initiatives Corporation, Inc. (OTCMKTS:USEI). The company crashed on the very same day and is now 80% down at $ 0.002.

On their own DCLT have a stable operations offering their Direct Lynk Messenger service. Through this product clients of the company gain control over real-time content that can be send to plasma or LCD displays thus increasing the retention time of the client’s advertisement.

For the first quarter of 2013 they managed to achieve the following results:

• $153 thousand cash
• $205 thousand total current assets
• $440 thousand total liabilities
• $157 thousand revenues
• $130 thousand net loss

Compared to the same period last year the situation doesn’t look so good. Back then DCLT had slightly bigger revenues but more importantly had a positive bottom line of $7000. According to their own words they will need to find another half a million in order to sustain their business operations. The massive accumulated deficit of $9 million doesn’t look too good either. At least they haven’t been overly-indulgent in issuing shares, keeping the outstanding number to 36 million out of the 200 million authorized. Half of them were issued as restricted shares to the CEO and CFO in connection with a new employment agreement for the next 5 years.

Last week Sanborn Resources Ltd (OTCBB:SANB) were making a steep run upwards but Friday put an end to it. SANB dropped by 4% despite being backed by a pump with a total budget of $3 million. The other prolonged pump job – Xumanii, Inc (OTCMKTS:XUII) also suffered a negative close, sliding down by 9%. Awesome Penny Stocks are still sending out alert emails but their effectiveness has diminished greatly.