How Long Will Avra Inc (OTCMKTS:AVRN) Rise

[[tagnumber 0]][[tagnumber 1]]For the most part of the year Avra Inc (OTCMKTS:AVRN) has been hovering between the $0.30 and $0.40 per share mark with very small volumes. Lately, however, the illiquid stock has gained quite a lot of attention for all the wrong reasons.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]][[tagnumber 6]]AVRN[[tagnumber 7]] was the target of a paid promotion that managed to briefly push it above the $1 per share mark in the final session of last week. The pumpers used an interesting method this time. They went on promoting [[tagnumber 6]]AVRN[[tagnumber 7]] through WhatsApp, which created quite the backlash and the price quickly deflated, leading the company stock to a close of the week at $0.19.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Meanwhile, the company financials show that [[tagnumber 6]]AVRN[[tagnumber 7]] is in a dire situation. Here are just some of the numbers contained in their quarterly report for the period ended April 30, 2015.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 19]] [[tagnumber 20]]cash: $25 thousand[[tagnumber 21]] [[tagnumber 20]]current assets: $26 thousand[[tagnumber 21]] [[tagnumber 20]]current liabilities: $245 thousand[[tagnumber 21]] [[tagnumber 20]]revenues: ZERO (since inception)[[tagnumber 21]] [[tagnumber 20]]quarterly net loss: $118 thousand[[tagnumber 21]] [[tagnumber 30]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Still, despite all this, the paid promotion seems to be paying off. The volumes have significantly increased and we have seen [[tagnumber 6]]AVRN[[tagnumber 7]] close the past 4 sessions in the green. This week started quite well, with a 23.68% gain and we saw the ticker add another 14.89% to its value in yesterday’s session. The volumes have dropped since the start of the pump, however, and the 845 thousand shares that were traded yesterday generated $222 thousand in daily dollar volume.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Today we see the first signs of hesitation, as [[tagnumber 6]]AVRN[[tagnumber 7]] is 2.59% in the red as of the writing of this article. Considering the horrible financial situation of the company, the overly inflated market cap and the fact that the current run relied only on paid promoters we might see a serious correction, so be sure to do your due diligence and weigh out the risks before putting any money on the line.[[tagnumber 2]]