El Capitan Precious Metals Inc (ECPN)

[glenrice67]

Weird. No one is talking about that stellar quarter they just had. Let's peel back that onion and see what we have here. https://www.sec.gov/Archives/edgar/data/1135202/000107654216000344/p0827_10q.htm

Okay. We have $0 in revenue. Oooh. That isn't so good. But hey, it's a developmental stage company. Let's see how much cash they have. Yiiiikes. Only 62k and they burned 370k last quarter.

And they included this note. "These conditions raise substantial doubt about the Company’s ability to continue as a going concern."

Seems this 400% increase in the share price might be a little bit fishy.