The Promotion Of Tanaris Power Hldgs Inc (OTCMKTS:TPHX) Continues

[[tagnumber 0]][[tagnumber 1]]We have seen some pretty appalling performance from the stock of Tanaris Power Hldgs Inc (OTCMKTS:TPHX) lately. After an upward run that pushed the ticker above the $0.70 per share mark in the beginning of April we saw a paid promotional campaign raise quite a lot of attention.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]As the volumes increased significantly, however, we saw the ticker begin to hesitate and subsequently crash very hard, losing 60% of its value over the course of just 3 sessions. But the stock performance isn’t the only thing that is terrible about [[tagnumber 6]]TPHX.[[tagnumber 7]] The numbers contained in their quarterly report covering the quarterly period ended January 31, 2015 are also pretty ugly.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 11]] [[tagnumber 12]]cash: $2,150[[tagnumber 13]] [[tagnumber 12]]current assets: $52,150[[tagnumber 13]] [[tagnumber 12]]current liabilities: $71,768[[tagnumber 13]] [[tagnumber 12]]revenues: $0[[tagnumber 13]] [[tagnumber 12]]quarterly net loss: 10,496[[tagnumber 13]] [[tagnumber 22]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]These numbers explain how drawing much attention to a company stock through an expensive pump campaign may cause a ticker to crash horribly. The company is doing its best to aid the promotional effort and we see regular press releases.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Unfortunately, they don’t have much of an effect on the performance of [[tagnumber 6]]TPHX.[[tagnumber 7]] As the promotion continued we saw the ticker fall as low as $0.15 per share in the beginning of last week. It did manage to regain some value in the following sessions and finish the week green.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Despite the PR, however, we saw [[tagnumber 6]]TPHX[[tagnumber 7]] lose 18.14% in yesterday’s session and drop to a close at $0.18. A total of 826 thousand shares were traded during the day and generated $151 thousand in daily dollar volume.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Today we see some positive movement from [[tagnumber 6]]TPHX,[[tagnumber 7]] but the pump is still on so the stock remains volatile. In any case, be sure to do your due diligence and weigh out the risks before putting any money on the line.[[tagnumber 2]]