But if you dig deeper into the financials you see a company that is producing some tremendous revenue for a penny stock, one of few OTC companies that make a lot of revenue.
UCHC has $32 million in assets and $18 million in liabilities. Those are solid numbers and even more solid when you consider you are talking about a $.0008 stock. UCHC has over $6 million in revenue last quarter. Take that $6 million over 4 quarters and you get over $24 million in revenue this year.
The stock was trading as high as $.24 over the last 52 weeks, before the recent low volume swoon. Revenue is growing and the stock should at least trade back to $0.01 that is the current book value.
All this is no enough to have a good bounce from here?
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