Eco Science Solutions Inc, f/k/a Pristine Solutions Inc (OTCMKTS:ESSI) Drops Amid Lack Of News

[[tagnumber 0]][[tagnumber 1]]Eco Science Solutions Inc, f/k/a Pristine Solutions Inc (OTCMKTS:ESSI) has been moving sideways for quite some time now. After the initial upward run that pushed the stock in the beginning of the year we saw the volumes drop significantly, but things have changed recently.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]It seems that the cannabis/e–commerce business model that [[tagnumber 6]]ESSI[[tagnumber 7]] adopted was good enough for investors and the stock has a market cap of nearly $10 million, despite its rather pale balance sheet. Here are just some of the numbers contained in the latest financial report that the company filed.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 11]] [[tagnumber 12]]cash: $7 thousand[[tagnumber 13]] [[tagnumber 12]]total assets: $11 thousand[[tagnumber 13]] [[tagnumber 12]]current liabilities: $296 thousand[[tagnumber 13]] [[tagnumber 12]]revenues: ZERO[[tagnumber 13]] [[tagnumber 12]]quarterly net loss: $328 thousand[[tagnumber 13]] [[tagnumber 22]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]We see that the company’s assets are looking quite grim, while [[tagnumber 6]]ESSI[[tagnumber 7]] has never been able to generate any revenue whatsoever. Meanwhile, the quarterly net loss isn’t that small and things don’t look all too well. This is why it’s rather strange that [[tagnumber 6]]ESSI[[tagnumber 7]] has managed to keep the value that it gained in the beginning of the year.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]We see some more movement in the past couple of weeks that is also accompanied by an increase in daily volumes. The lack of news, however, isn’t something good and we saw [[tagnumber 6]]ESSI[[tagnumber 7]] drop 12.82% during yesterday’s trading and close at $0.34, while a total of 314 thousand traded shares generated $88 thousand in daily dollar volume.[[tagnumber 2]]