EP Global Communications, Inc. (OTCMKTS:EPGL) Goes Up On News

[[tagnumber 0]][[tagnumber 1]]EP Global Communications, Inc. (OTCMKTS:EPGL)’s stock didn’t have a pleasant start of the year and we saw the ticker slide down the charts while volumes returned to normal after the spike in trading experienced in the beginning of January.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The company didn’t seem all that interested in promoting their stock for quite some time and there were no new press releases for a couple of months. In February [[tagnumber 6]]EPGL[[tagnumber 7]] filed its financial report for the fourth quarter of last year and it showed some pretty decent numbers that certainly set it apart from other OTC entities.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 11]] [[tagnumber 12]]cash: $13.85 million[[tagnumber 13]] [[tagnumber 12]]current assets: $27.07 million[[tagnumber 13]] [[tagnumber 12]]current liabilities: $490 thousand[[tagnumber 13]] [[tagnumber 12]]revenues: $100 thousand[[tagnumber 13]] [[tagnumber 12]]net loss: $3 thousand[[tagnumber 13]] [[tagnumber 22]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Those numbers are certainly impressive. Still, the market cap of [[tagnumber 6]]EPGL[[tagnumber 7]] is rather big, even for an OTC pennystock with such a balance sheet. That, however, didn’t stop the company stock from adding a little more value lately.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]][[tagnumber 6]]EPGL[[tagnumber 7]] has started issuing press releases after it climbed the charts in the end of last month. While the performance has not been consistent, the ticker has managed to keep most of the gains it made, while the volumes have increased.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The company has even hired some paid promoters to help hype the stock and it is still relying on its contact lens technology to boost investor interest. Yesterday we saw the ticker gain 11.29% in value and climb to $0.0345 while a total of 2.73 million traded shares generated $91 thousand in daily dollar volume.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]][[tagnumber 6]]EPGL[[tagnumber 7]] gapped up at 4 cents per share in today’s sessions, but is currently sitting at $0.0395. Be sure to do your due diligence and weigh out the risks before putting any money on the line.[[tagnumber 2]]