Pazoo Inc (OTCMKTS:PZOO) Hesitating In Anticipation Of Q1 Report
[[tagnumber 0]][[tagnumber 1]]After an impressive run in April we saw the stock of Pazoo Inc (OTCMKTS:PZOO) decline as May approached and it quickly fell to 1 cent levels. Since then we have seen [[tagnumber 2]]PZOO[[tagnumber 3]] surge once again aided by a promotional email in the middle of May.[[tagnumber 4]] [[tagnumber 0]] [[tagnumber 4]] [[tagnumber 0]]Lately we see that the daily dollar volumes have normalized and [[tagnumber 2]]PZOO[[tagnumber 3]] wasn’t making serious percentile movements through most of the week. Maybe things have quieted down in anticipation for the Q1 report that is already long overdue. After all, the numbers contained in the previous filing weren’t really impressive so everyone is counting on this report.[[tagnumber 4]] [[tagnumber 0]] [[tagnumber 4]] [[tagnumber 13]] [[tagnumber 14]]cash: $733 thousand[[tagnumber 15]] [[tagnumber 14]]total assets: $848 thousand[[tagnumber 15]] [[tagnumber 14]]current liabilities: $3.6 million[[tagnumber 15]] [[tagnumber 14]]revenues: $111 thousand[[tagnumber 15]] [[tagnumber 14]]gross profit: $110 thousand[[tagnumber 15]] [[tagnumber 14]]net loss: $4.8 million[[tagnumber 15]] [[tagnumber 26]] [[tagnumber 0]] [[tagnumber 4]] [[tagnumber 0]]Recently [[tagnumber 2]]PZOO [[tagnumber 3]]has made some announcements, but they have failed to generate much of an interest. On May 29 the company issued a press release informing the general public that they have formed a 100% wholly owned subsidiary called CannabisKing Distribution LLC.[[tagnumber 4]] [[tagnumber 0]] [[tagnumber 4]] [[tagnumber 0]]This, however, failed to impress investors and [[tagnumber 2]]PZOO[[tagnumber 3]] barely moved. More recently, an audio interview with David Cunic, CEO of [[tagnumber 2]]PZOO[[tagnumber 3]] was announced on Wednesday. Interestingly enough, the ticker moved less than 1 percent up in that same session and it crashed 13.82% yesterday, without any further news, closing at $0.0106.[[tagnumber 4]] [[tagnumber 0]] [[tagnumber 4]] [[tagnumber 0]]Things are certainly boiling with the long overdue report that everyone is waiting for and [[tagnumber 2]]PZOO[[tagnumber 3]] is most likely going to become quite volatile as we get to see the results. Doing your due diligence and weighing out the risks before making any investment decisions is absolutely crucial.[[tagnumber 4]]