PR Can’t Help Totally Hemp Crazy (OTCMKTS:THCZ)

[[tagnumber 0]][[tagnumber 1]]After an impressive run that started in the beginning of February we saw the stock of Totally Hemp Crazy (OTCMKTS:THCZ) climb the charts for quite some time before beginning to hesitate about its positions.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Lately we have even seen the first signs of decline from [[tagnumber 6]]THCZ.[[tagnumber 7]] This, however, isn’t surprising when you take into consideration the current market cap of the company and the financials that should back it up. Here is a reminder of just some of the numbers contained in the company’s report covering the first quarter of the year.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 11]] [[tagnumber 12]]cash: $523 thousand[[tagnumber 13]] [[tagnumber 12]]current assets: $723 thousand[[tagnumber 13]] [[tagnumber 12]]current liabilities: $1.19 million[[tagnumber 13]] [[tagnumber 12]]revenues: $488[[tagnumber 13]] [[tagnumber 12]]net loss: $72 thousand[[tagnumber 13]] [[tagnumber 22]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Those are some numbers that you should not see in the balance sheet of a company that holds a market cap of over $50 million. Yet, people seem to not be disturbed by these numbers. Still, that doesn’t mean that the stock is doing particularly well lately.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Despite the positive PR the ticker has logged only 2 sessions in the green since the beginning of the month. It started this week with a 8.55% loss and finished yesterday’s session at $0.1434 with a total of 3.76 million traded shares and a daily dollar volume of $562 thousand.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]][[tagnumber 6]]THCZ’s[[tagnumber 7]] start of today’s session doesn’t suggest that things will change so be sure to do your due diligence and weigh out all the risks before putting any money on the line.[[tagnumber 2]]