Stevia First Corp (OTCMKTS:STVF) Climbing Higher
[[tagnumber 0]][[tagnumber 1]]Stevia First Corp (OTCMKTS:STVF) was barely moving in the first months of the year, after a pump in January that failed to do much for the company stock. As May came, however, the ticker began to descend down the charts, obliterating quite a lot of its value.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]][[tagnumber 6]]STVF[[tagnumber 7]] managed to make a serious comeback on May 26 when the ticker gained an impressive 41% in value after reminding us about the private placement in which the company had sold 5 million shares at a price of $0.30 per pop. The attention was short–lived and after a bit of hesitation the company stock began sliding once again, reaching a 52–week low of $0.175 per share on June 11.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]That was a pretty low price when compared to other OTC entities that have far less to show when it comes to financials. Here are just some of the numbers contained in [[tagnumber 6]]STVF’s[[tagnumber 7]] financial report for the quarter ended December 31, 2014.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 17]] [[tagnumber 18]]cash: $1 million[[tagnumber 19]] [[tagnumber 18]]current assets: $1.1 million[[tagnumber 19]] [[tagnumber 18]]current liabilities: $1.6 million[[tagnumber 19]] [[tagnumber 18]]quarterly revenues: $59 thousand[[tagnumber 19]] [[tagnumber 18]]quarterly net loss: $1.1 million[[tagnumber 19]] [[tagnumber 28]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Apart from the small revenues everything looks relatively OK. Perhaps this is one of the reason for which STVF embarked on a serious climb since the start of this week, using the help of a press release.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The PR was long and centered around the benefits of using stevia as a replacement for sugar. Dropping the names of companies such as Dr. Pepper Snapple (NYSE:DPS), The Coca–Cola Co. (NYSE:KO) and Pepsi Co, Inc. (NYSE:PEP) seems to have also made an impact.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Monday’s session ended with [[tagnumber 6]]STVF [[tagnumber 7]]standing 20.55% higher and yesterday the ticker added another 13.64% to its value. The volume yesterday was double the 30 day average, but the 417 thousand shares that switched hands as [[tagnumber 6]]STVF [[tagnumber 7]]was going for a close at 25 cents were only enough to generate $99 thousand in daily dollar volume.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The company is also doing well in today’s trading so far. Still, that doesn’t mean that you should skip doing your due diligence and weighing out the risks before putting any money on the line.[[tagnumber 2]]