EMS Find Inc (OTCMKTS:EMSF) Climbs Even Higher
[[tagnumber 0]][[tagnumber 1]]EMS Find Inc (OTCMKTS:EMSF) began trading just a few months ago and it is already the target of a paid promotion. So far, things have gone very well and we have seen [[tagnumber 2]]EMSF[[tagnumber 3]] gain around 100% in value since the beginning of the month.[[tagnumber 4]] [[tagnumber 0]] [[tagnumber 4]] [[tagnumber 0]]The promotion was carried out with the use of a landing page dedicated to [[tagnumber 2]]EMSF[[tagnumber 3]] which was worth $80 thousand according to the disclaimer. There have also been some people who received hard mailer brochures touting the company which suggest that the budget might be far bigger.[[tagnumber 4]] [[tagnumber 0]] [[tagnumber 4]] [[tagnumber 0]]For now, however, there are a lot of questions surrounding the company and the fact that it managed to get this high is a miracle by itself. After all, the company is the product of a merger and we don’t know the current entity’s financial prowess. We only know what one of the companies that was part of the merger had in its ledgers and the numbers aren’t pretty.[[tagnumber 4]] [[tagnumber 0]] [[tagnumber 4]] [[tagnumber 17]] [[tagnumber 18]]cash: ZERO[[tagnumber 19]] [[tagnumber 18]]current assets: ZERO[[tagnumber 19]] [[tagnumber 18]]total liabilities: $90 thousand[[tagnumber 19]] [[tagnumber 18]]revenues: ZERO[[tagnumber 19]] [[tagnumber 18]]net loss: $11 thousand[[tagnumber 19]] [[tagnumber 28]] [[tagnumber 0]] [[tagnumber 4]] [[tagnumber 0]]Certainly doesn’t look like something that you would find in the books of a company that is valued at over $60 million. But that’s exactly where [[tagnumber 2]]EMSF[[tagnumber 3]] is standing after yesterday’s 10.38% gain that pushed the stock to $2.34 while a total of 430 thousand shares were traded, generating $1.01 million in daily dollar volume.[[tagnumber 4]] [[tagnumber 0]] [[tagnumber 4]] [[tagnumber 0]]Still, the rosy days might be over as we see [[tagnumber 2]]EMSF[[tagnumber 3]] hesitating in today’s session. So far the ticker is sitting 2.56% in the red, but the amount of traded shares has already exceeded yesterday’s. Dealing with promoted stocks is always risky, especially with ones you have little information about.[[tagnumber 4]] [[tagnumber 0]] [[tagnumber 4]] [[tagnumber 0]]Be sure to do your due diligence and weigh out the risks before putting any money on the line.[[tagnumber 4]]