Frozen Foods Gift Corp. (OTCMKTS:FROZ) Bounces Off Recent Lows
Frozen Foods Gift Corp. (OTCMKTS:FROZ) sank low enough to inspire new buying, and at its almost rock-bottom price added more than 43% to $0.0033, on dollar volumes above $644,000. So at least some of the investors’ expectations were fulfilled, as buyers returned only at the very low prices. Now, it remains to be seen if FROZ manages to sustain an upward direction, or it would fall into much higher volatility. 
FROZ rose on the day that it touted the bright future of the newly acquired APT Group. An interview with the CEO appearing on May 22nd may have invited buyers again. The highlight of the interview with CEO Wayne Patterson and President Troy Covey is the expectation that APT Group would turn profitable next year. The managers warned that APT Group is still trying to build the presence of its brand, and needs large investments, as well as time to acquire enough customers. We still don’t know if the FROZ results reflect the situation of APT Group, but those are the latest filings for the OTC company:
- $169,770 cash
- $1.7 million net loss for Q1, 2014
- Still no revenues
Still, APT Group froze some orders in the past couple of years, and claims the restructuring helped it to continue taking orders in 2014. While we are waiting for the improved results to show up, it is important to remember that the FROZ price is low and vulnerable, and the promise of the $30 billion small engine industry is a bit far-fetched, as nobody knows what chunk of that money would be drawn in to the producer of light motorbike engine technologies.
Investors’ forums are incredibly optimistic about the rebound, expecting another strong gain before the weekend. Given that FROZ was in the range of a couple of pennies a while back, it is not so far-fetched to see it returning, though the low volumes and the profit-taking pose a risk for further drops.
Speaking of promising industries, World Moto, Inc. (OTCBB:FARE) also believes it could take a chunk of the sales of taxi meters for motorbikes, as well as specialized ad displays. Still, this expectation only pumped up the stock price for a while a few months back, and now FARE is back down toward $0.07, after a few days of significant fluctuation.
The other stock with long-term potential would be H2C Holdings, Inc. (OTCMKTS:HCHC), the telecoms company that recently saw a period of stable gains. While HCHC decreased its financial results, investors’ enthusiasm remains high. HCHC vaulted the $4 levels as buying increased in the past days, though HCHC hardly makes the runs typical of hotter OTC companies that deliberately try to draw in investors with PR.
FROZ is still low enough to stage another amazing day, as it is expected to happen even a few hours later. We’ll have to wait and see if FROZ survives the weekend and continues with more positive developments in the new week. OTC trading volumes are way more subdued, and even lower outside the group of marijuana stocks, but some of the outliers are promising successful sessions. Still, plan your investments accordingly to avoid getting caught in another depression.
