TapImmune Inc. (OTCMKTS:TPIV) Gains Some Ground

[[tagnumber 0]][[tagnumber 1]]TapImmune Inc. (OTCMKTS:TPIV) has pretty much moved sideways throughout October and we didn’t see a lot of action when it comes to the ticker’s volume. This happened despite the fact that the company issued several press releases.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]][[tagnumber 6]]TPIV[[tagnumber 7]] has managed to maintain a somewhat decent market value and remain mostly stable, but this isn’t much of a surprise. The company has some financial backing that is often seen with companies operating in its sector. Here are just some of the numbers contained in the latest quarterly report.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 11]] [[tagnumber 12]]cash: $3.1 million[[tagnumber 13]] [[tagnumber 12]]current assets: $3.2 million[[tagnumber 13]] [[tagnumber 12]]current liabilities: $13 million[[tagnumber 13]] [[tagnumber 12]]loss from operations: $1.1 million[[tagnumber 13]] [[tagnumber 20]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The company still doesn’t have a revenue–generating product and it doesn’t seem like it will have one soon. Meanwhile, it has picked up a lot of liabilities. This is why it was somewhat strange that it managed to gain some 19.18% in value during Friday’s trading, despite the fact that the only news that had come the day before were about a relocation of the company headquarters.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]As [[tagnumber 6]]TPIV[[tagnumber 7]] went up to a close at $0.73 we saw a total of 1.44 million shares change their owners and generate $962 thousand in daily dollar volume, which shows some signs of investor excitement. Today’s session shows some heavy trading as well, but the ticker is sitting 7.53% in the red as of the writing of this article.[[tagnumber 2]]