HyperSolar, Inc. (OTCMTKS:HYSR) Brought to Its Knees
HyperSolar, Inc. (OTCMTKS:HYSR) predictably started wiping out its gains, as a ninefold growth started a cascade of selling. HYSR slid down more than 44% to $0.0219, on selling volumes above $1.89 million. HYSR is still underpriced enough to stage an additional run, but it has proven that it holds little longer-term potential, at least when it comes to the feasibility of its eco-energy technology. 
HYSR promised a doubly ecological approach, in which solar power is used to generate hydrogen from plain water, to be used in fuel cells. Needless to say, such fuel cells are not yet in production, and more conventional technology is used. 
Investors’ forums remain relatively inactive still, with few opinions and almost no publicity among the postings. HYSR reveals some Twitter activity with comments and expectations, but all is in the short term. Otherwise, the PR of the company is concentrated around its University of California research team, which has been on the verge of success for quite a long time already.
HYSR will have to face the further developments of its technology with the following resources:
- cash: $57 thousand
- current assets: $62 thousand
- current liabilities: $1.8 million
- quarterly operating loss: $127 thousand
The company claims to have a research team of several scientists, though it only mentions one employee. It seems like HYSR may be serious about its research, but it is proving more and more expensive. The still positive side is that the company’s market cap remains relatively low at $6.6 million, tough even that may be overrated, as there are expectations that HYSR would once again dive below the penny levels.
Clean energy has its own form of hype on the OTC markets, and companies that are more active with updates and promises tend to perform better. This is the case of Solar 3D Inc. (OTCMKTS:SLTD), which corrected for a while only to return stronger, starting at around one penny and reaching as high as 13 cents. Now, SLTD is still around the $0.08 levels.
As for the lithium one-day wonders that we mentioned earlier, the precipitous fall continues. Lithium, Corp. (OTCMKTS:LTUM) fell by 50% from its peak to $0.07 on three days of selling. Amerilithium, Corp. (OTCMKTS:AMEL), on the other hand, is still underpriced enough and is staging a recovery, adding a tiny faction of a cent toward $0.0089.
Now, HYSR enters a period when the deeply corrected price could entice bargain-buying. The company contains enough red flags, though, to discourage that buying if another fall cannot be easily afforded. HYSR has been rather inactive and depressed for a while, and any spike in price has been short-lived, so it is best to decide for yourself if you want to take a ride with this ticker.
