Force Energy Corp. (PINK:FORC) Reverses, Drops by a Third
When someone prepares to do the impossible, it is good to expect a hard fall. This is precisely what happened to Force Energy Corp. (PINK:FORC), a pink sheet that tried to solve the world’s energy problems and impress investors long enough to avoid being wiped out on the small cap markets. With yesterday’s fall of nearly 30%, FORC may be heading to a failure in both tasks, as may be expected of a heavily promoted pink sheet. 
Besides being an underpriced bid at $0.0025, FORC is also weak on its feet when it comes to fulfilling its promises as a mining and energy company. Its financial data reveal an underwhelming picture: 
- $35K cash vs. $442,000 current liabilities, a working capital deficit of $407,000;
- zero revenues (as always)
- annual net loss of $1.07 million
- aggregate loss (since inception) in excess of $3.9 million.
The promotions around FORC are all unpaid, although 33 emails came in in February. It seems a pack of pumpers selected this ticker for its high-impact factor, the possibility for doubling in price if enough investors bought into the hype. The following days will show if the promotions will be wiped out for good or FORC will find some support as a risky day-trade.
One of the most prolific pumpers that took up FORC was Stock Mister, a professional promoter with a long and colorful history of previous stock picks that shot up to high heaven and bombed too quickly, wiping out a large chunk of investments. FORC is only its last peak, still receiving attention as recently as March 1st. But we need to look at th
e previous pick, Hokutou Holdings, Inc. (OTC:HKTU) to gain an idea of a possible future for FORC.
It is best to estimate your own acceptable level of risk and losses before taking up a double-zero ticker, which tends to be increasingly volatile both within a trading day and in the longer term. Keep in mind the giant red flag that FORC holds, that its CEO Tim DeHerrera was also at the head of now-defunct pink sheet, Grid Petroleum Corp. (PINK:GRPR), trading at $0.001 and threatening to slip into triple-zero oblivion.
