Frozen Food Gift Groups, Inc. (OTCMKTS:FROZ) Keeps a Strong Front
Frozen Food Gift Groups, Inc. (OTCMKTS:FROZ) is enjoying a revival in the new year, and in the past two months managed to pick up its price levels, growing ten times above the penny level. On Tuesday, FROZ added more than 40% to its price, reaching $0.0104 on dollar volumes above $804,000.
FROZ has not been in active promotion since the winter of 2013, and now the latest updates are from last week. The climb of the stock price coincides with the more active PR activity. Now, the new week has started off with a general upward momentum, despite the selling from Monday. Investors’ opinions continue to be positive, both for the potential of short-term gains and the general appeal of the company. FROZ has a promising outlook, with a double business model- selling commercial refrigeration machines, as well as running an online shop.
The reason for the special interest in FROZ may be that even after the climb, the market cap remains relatively low, a bit above $2 million, and there are 229 million shares outstanding, with an unknown free float. The insider holdings of director Matthew Lawrence Schissler are significant, above 46 million shares, and in the past months he added another almost 200,000 shares at below-market prices.
What works as the engine for FROZ is the nature of the merger- the OTC company would in essence serve as a vehicle to expose APT Group, Inc. and its MotoVox® product range to investors’ interest. So far, the results of APT Group far surpass those of FROZ, which reveal:
- $71,000 cash
- $1.1 million total current liabilities
- $156,028 revenues since inception, the year 2013 without revenues
- $1.8 million net loss since inception
All of that points to some attempts at activity, but not quite enough to pad the company’s financial situation.
While we held a lot of fears for Fresh Healthy Vending International, Inc. (OTCBB:VEND), the stock price moved up more robustly than expected. True, VEND propped itself up with two series of paper and email promotions, but kept the gains well and showed some results with its vending machine business. VEND was not without painful and fast corrections, as it is easily seen, but has kept a part of the gains and now hovers around $4.90. Still, a dive from $8 to $4 looks dizzying.
While the food and beverage industry works well for some companies, others slump despite the successes. Bebida Beverage, Inc. (OTCMKTS:BBDA), due to a highly diluted share structure, is unable to push above the double-zero levels, despite some positive trends. The ticker is on the verge again, at $0.0018.
If you like FROZ for its hardy survival mode, keep in mind that the merger may stop working its magic any time. Avoid over-investing, as a price of about one cent is both accessible, and at risk for significant fluctuations.