How Low Can COASTAL INTGRTD SVCS (OTCMKTS:COLV) Sink

[[tagnumber 0]][[tagnumber 1]]After a mundane performance through the first half of the year we saw some increased investor attention for COASTAL INTGRTD SVCS (OTCMKTS:COLV). Unfortunately, the only reason for which investors have started trading the ticker more intensely is a massive paid promotion headed by Stock Tips.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The compensation for the pump is doubtful to be $4.5 million, but that number has surely added to the hype. Since the promotion started  the ticker has been highly volatile and we have seen it go up and down the charts on record volumes. The bad news is that [[tagnumber 6]]COLV[[tagnumber 7]] is running solely on hype generated by the pump. The company’s last press release is from April 16 and the numbers contained in the report for the first quarter of the year look terrifying.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 11]] [[tagnumber 12]][[tagnumber 13]][[tagnumber 6]]cash: $794!!![[tagnumber 7]][[tagnumber 16]][[tagnumber 17]] [[tagnumber 12]][[tagnumber 13]][[tagnumber 6]]total assets: $794!!![[tagnumber 7]][[tagnumber 16]][[tagnumber 17]] [[tagnumber 12]]current liabilities: $256 thousand[[tagnumber 17]] [[tagnumber 12]][[tagnumber 6]][[tagnumber 13]]revenue: ZERO[[tagnumber 16]][[tagnumber 7]][[tagnumber 17]] [[tagnumber 12]]net loss: $19 thousand[[tagnumber 17]] [[tagnumber 34]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Earlier this month the company stock had reached a market cap of more than $40 million and we think that it is pretty obvious that [[tagnumber 6]]COLV[[tagnumber 7]] can’t keep that price for long. And that’s the reason for which, despite the effort of Stock Tips, the ticker ended last week on a bad foot.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Another email coming from the newsletter and its fictional editor, Mike Statler came in our inbox, touting COLV. That, however, didn’t stop the ticker from losing 10.96% of its value and finishing the week below the 10 cent mark, at $0.0975. The 1.22 million shares that were traded generated $126 thousand in daily dollar volume.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]This week has started badly so far and COLV is 13.85% down as of the writing of this article. Considering the current market cap of over $30 million, the lack of news from the company and the devastating report for the first quarter of the year we can see the ticker slide even further down.[[tagnumber 2]]