EMS Find Inc (OTCMKTS:EMSF) Surges For No Apparent Reason

[[tagnumber 0]][[tagnumber 1]]October wasn’t that great for the stock of EMS Find Inc (OTCMKTS:EMSF). The ticker has been trading very poorly for quite some time now and it experienced a slide that pushed it below the $1 per share mark in the middle of last month.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]This is not that surprising when you take into consideration the red flags that we have mentioned in our previous articles. One of them was the company balance sheet, but as you might have read, [[tagnumber 6]]EMSF[[tagnumber 7]] changed the ending of their fiscal year and filed a new report for the year ended June 30, 2015. It contained the following numbers of prime interest.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 11]] [[tagnumber 12]]cash: $45,843[[tagnumber 13]] [[tagnumber 12]]current assets: $45,843[[tagnumber 13]] [[tagnumber 12]]current liabilities: $180,782[[tagnumber 13]] [[tagnumber 12]]revenues: ZERO[[tagnumber 13]] [[tagnumber 12]]net loss: $325,284[[tagnumber 13]] [[tagnumber 22]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]We do see that there has been some activity between the end of December 2014 and June 2015, but the numbers still look terrible. Meanwhile, the company isn’t posting a lot of new press releases and the ticker is moving mainly on its own.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Even the paid promoters seem to have gone away and the landing page, touting the company, that was active for quite some time is now suspended. We reckon that the hard mailers that were distributed by the Moskowitz Report have also stopped coming in investor mailboxes.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]This makes the recent surges somewhat unexpected. After managing to climb above the $1 mark earlier this month, we saw [[tagnumber 6]]EMSF[[tagnumber 7]] slide down the charts throughout the better part of last week. Suddenly, Friday’s close saw the ticker 35.12% higher at $0.9999, while a total of 94 thousand traded shares generated $79 thousand in daily dollar volume.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Considering the lack of press releases and the recent movement of the company stock we consider it quite volatile at this moment. Remember to do your due diligence, weigh out the risks and plan your trades accordingly.[[tagnumber 2]]