A 5 Hour High© is due to come for the penny stock of Alternaturals, Inc. (ANAS) after the Company announced today right at the closing bell that they chose Kush Dreams to manufacture and distribute its long awaited medical marijuana product. Having yet to see one trading session this week close green, shares of ANAS stock have been on a decline all week since they gapped at the open on Monday to surpass 0.008 for a brief moment. With this shot style, tasty juice-like drink due to dose buyers with enough THC to improve mood and maintain energy levels, the trading screens tomorrow should be doused with it in hopes that an overdue bounce can be had by all.
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ANAS Stock Quote
Market Cap: 12.98M
Last: 0.0055 ▼ -0.0004 (-6.78%)
Dollar Volume: $154,272
14-Day RSI: 52.68%
1st Resistance Point: 0.0061
1st Support Level: 0.0049
52Wk High: 0.0139
52Wk Low: 0.0001
What started out in February as a dead ticker revival when shares of the then Premier Mortgage Resources, Inc. (PMRS) recommenced trading, entered into March as one of the cheapest marijuana stocks available to traders. Shares of the now ANAS stock exploded over 2,600% before the end of March, more than 2 months prior to the Company changing their name to Alternaturals, Inc. and announcing plans to begin buying back shares in the open market in order to increase shareholder value and position the company as either a favorable acquisition target.
After their initial run, shares of ANAS stock had dips and runs which provided a virtual ATM for traders who were in and out on the momentum runs which lasted 2-5 days without any new catalysts to propel interest towards it other than the most recent run which was good for gains of up to 286%. The catalyst then was an announcement that the Company had begun to ship products out to third party retailers as well as a hint that their 5 Hour High© shot was expected to begin hitting dispensary shelves in as little as 4 weeks.
Today’s announcement that Kush Creams, the self-proclaimed premier source in quality topical cannabis, is due to manufacture and distribute Alternaturals’ 5 Hour High© is sure to create an immediate buzz on ANAS stock prior to Friday’s opening bell. The Company could surely use an alternative source of income considering the $1,224 of net income reported for Q1 off of sales which came in at just $8,100 would be a blessing in disguise for investors, especially since Eastlight Enterprises, Inc. and Globe Idol Capital, Inc. have $170,000 worth of convertible debt on the Alternaturals books.
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About ANAS Stock
Alternaturals, Inc., f/k/a Premier Mortgage Resources, Inc. (PMRS), is a development stage, medical marijuana focused company planning to sell alternative healthcare products including Hemp and cannabis related products as well as several substitutes for popular prescription drugs.
Issued and Outstanding: 2,359,983,160
Last 5 Trading Sessions:
ANAS stock should be among the top penny stocks listed to watch pre-market come Friday with a bullish approach heading into next week. The bounce plays on ANAS have been worth enough to provide free gas for a month based on a perfectly timed trade of between $500 and $1,000. As long as the 5 Hour High© news lasts longer than it’s name, holding on through the weekend for a momentum rush of THC based adrenaline next week should be one of the better alternatives for those looking for some pre-Father’s Day gains.