Hangover Joe’s Holding Corp. (OTCMKTS:HJOE) Still Green

The stock of Hangover Joe’s Holding Corp. (OTCMKTS:HJOE) went through another price spike yesterday. The company stopped another 20% up by the closing bell. Daily share volume swelled back up to 117 million HJOE shares changing hands.

Why the company is still generating significant dollar volume on a daily basis is a bit of a mystery. The facts remain as simple and as obvious as they were a few weeks ago, when HJOE first took off from the bottom end of the triple-zero swamp.

HJOE is a pink sheet ‘no information’ entity. The company’s latest report is for the three months ended September 2014. HJOE is still missing its annual 2014 and Q1 2015 reports, with its latest filing NINE MONTHS old, hence the ‘no information’ status.

This never stopped HJOE from hyping its stock on Twitter, through an account using the handle ‘TheHangoverShot’. This Twitter page is used to incessantly pump the company’s stock, announcing vague great things, always shaping up, always forthcoming, with no specifics, as is the usual case with social media hype.

The only official PR HJOE put up since it started moving has to do with media personality Larry the Cable Guy who should present HJOE‘s energy shot in a Food Factory USA episode in tomorrow’s programming. Meanwhile, the Twitter account in question speaks of inking game-changing deals that remain in the domain of mystery that is unbinding Twitter posts. Those come for free too, unlike actual press releases that cost money to disseminate through a proper newswire service.

The very fact that the majority of the Twitter posts put up on an official company account are written by someone who seems to have only the loosest grasp of English grammar might serve as an extra red flag for investors, in case the multiple months of reporting delinquency are not enough.

We took a closer look at the particulars reported in the company’s filings, however old, in a previous article.