Hangover Joe’s Holding Corp. (OTCMKTS:HJOE) Getting Nowhere Fast

Despite chiming in with a new bit of optimistic PR a few days ago, Hangover Joe’s Holding Corp. (OTCMKTS:HJOE) is not really doing too well on the charts. Yesterday the stock dropped another 4%, to wipe a total of 41% of its market cap over the course of the past five sessions.

The company’s May 22 PR announced HJOE received a purchase order and a deposit from a certain entity called Cure Korea. Despite our best efforts we could not find any information on this Asian company available in English – not a website, nor a logo, practically nothing. The only instances on the web where this business is mentioned is in HJOE‘s PR and the online investor boards discussing the news.

More alarmingly this latest PR actually listed the Twitter account ‘thehangovershot’ as an official company social media profile. This is the same account which we previously wrote about and the one we were practically certain was NOT associated with HJOE as a public company. It turns out that, quite shockingly, it is related to the company.

This is the Twitter account that was used to publish violent threats typed in both French and English, aimed at penny stock investigator Janice Shell. The posts containing threats of violence have now been taken down and only a few calling Ms. Shell obscene names remain.

The very fact that the company has now formally confirmed its association with the this social media profile and, by proxy, with the violent threats and obscene language of the threatening posts, should be more than enough of a red flag for just about anyone. It’s also worth keeping in mind that a few other OTC companies were suspended by the SEC after the same Janice Shell published research reports on them, including Southridge Enterprises, Citadel EFT Inc. and Olie, Inc.

To top everything off, HJOE is still a Pink No Info company, with its annual report for 2014 that was due by the end of March still missing, making the current situation of the business a huge unknown, with official public data that is 8 months old.