Stevia Corp. (OTCMKTS:STEV) Entices Interest with Financing, Plans of Hemp Production
Stevia Corp. (OTCMKTS:STEV) is gaining in a strange manner, with many days in the red, but in the end managing to add to its price. On Thursday, STEV stepped back by another 9% to reach $0.2847, on dollar volumes in excess of $983,000. The past week was alternating net buying and selling days for STEV, as the market expected details on material agreements that aim to enter STEV as a factor in the legal marijuana business. 
STEV has been rather ambitious about its partnerships, and also created its own subsidiary, Real Hemp LLC. In addition, STEV added to its portfolio a Colorado- based company, YOPCP, LLC. This private company does not advertise itself as a marijuana business, but is a producer of organic soups. In fact, STEV is still not clear about its link to the legal MMJ sector, and for now its plans are just to add hemp growing to its other agricultural operations. 
Still, STEV looks like it is getting ready for something, though unfortunately padding its financial situation by selling convertible notes, which in the end increase the debt burden and also lead to stock dilution. What is even more strange that STEV in turn will purchase from YOPCP, LLC yet another promissory note for $250,000.
Yet despite the strange dealings, STEV is still enjoying the interest and positive comments of investors, who see the current price of around 30 cents rising into dollar levels soon. And even before STEV created the promissory notes, its financial data showed that its agricultural activity had some results:
- $85,366 cash
- $2.13 million total current assets
- $2.5 million total current liabilities
- $388,746 annual revenues
- $857,342 net loss
Unfortunately, stevia did not turn out such a hit, and the losses for STEV are still piling up. It is still encouraging that STEV stuck with its activity, but remember that STEV is not a foreigner to email pumps and publicity, milking the hot news around stevia production about a year ago.
But moving from one form of agricultural production to MMJ is not that easy, at least not for Terra Tech Corp. (OTCBB:TRTC). Though TRTC was one of the leading tickers in the pot stock boom in the past months, the price did not easily move into the dollars territory. TRTC is now still climbing, but hovering only around $0.91.
Unfortunately, the Marijuana index continues its general downward trend, as it crashes down from the peak levels in February. Most tickers were in the red, with only a few gainers, the biggest one being Nuvilex, Inc. (OTCMKTS:NVLX), adding 16% to a price of $0.06. Unfortunately, the bigger daily gains remain in the past.
If you still like STEV for its relatively high volumes and a promising business model, including a partnership with a Colorado-based company, it is still best to be aware of the significant volatility, and avoid over-investing unless you can afford even deeper losses.
