Do You Own These Stocks? Solar Power (SOPW), Curry Gold (VOIL) NanoTech Entertainment (NTEK)

Posted In Business - By Carolin Roth On Thursday, September 25th, 2014 With 0 Comments

Dallas, Texas 09/25/2014 (ustradevoice) – Solar Power Inc (OTCMKTS:SOPW) has been rich in press releases in the recent times, so to speak. The news announcements have evidently had their positive impact on the stock with shares up more than 730% so far this year. In the latest case, the company announced that it will build a 19-MW solar power facility in a Chinese province known as Shandong. Work on the project is expected to begin this month to be completed later in the year. The financial statement of the renewable energy company also suggests that things are moving in the right direction. The company posted revenue of $6.32 million, net loss of $1.34 million and had cash of $5.85 million at the end of the most recent quarter. All said and done, remember to keep a close eye on Solar Power Inc (OTCMKTS:SOPW) because of its share dilution habit. That is one concern that could spell doom for the stock even though it has enough growth drivers.

Curry Gold Corp. (OTCBB:VOIL) is on the rise. The stock has always been on the rise as a matter of fact for the better part of this week and in the past. That explains why shares are up almost 160% so far in the year. However, pumpers are responsible for almost all of the good movements in the stock. What baffles many is the budget for the artificial hype because there seems to be spirited efforts in the campaigns. Without understanding who paid for the campaigns and how much was given out for such an activity, it is important to perform due diligence before putting money in Curry Gold Corp. (OTCBB:VOIL). The key takeaway at this juncture is that there are a number of investors who acquired huge amount of shares of the company at cheap prices. The current hype could provide an opportunity for them to release the share on the market. The result of such a move could be devastating to say the least.

NanoTech Entertainment, Inc. (OTCMKTS:NTEK) has entered another deal to offer its 4K UltraFlix streaming network. This time around the company is talking about VIZIO, which will tap into the technology for its new P-Series Ultra HD Smart TV collection. It said UltraFlix will be available on the new device later this year and will support streaming on screen sizes in the range of 50 –70 inches. The deal with VIZIO comes just when NanoTech Entertainment, Inc. (OTCMKTS:NTEK) recently announced a deal with Sony Corp (SNE),which helped its shares to gain significantly.

About the Author

- Carolin Roth graduated from North Dakota University getting both Bachelor’s and Master’s Degrees in Broadcast Journalism.

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