Activity has been ramping up, as has the PPS, n the pumped more than once penny stock of CUBA Beverage Company (CUBV) as if it was about to go again. With only 9 red closes since the start of May, CUBV stock has slowly crept up from under a penny to close at the HOD yesterday of 0.075, an increase of over 650%. Having Mark Zouvas as their CFO, Treasurer and Director and being in a cash-poor position at present, it won’t be long until alerts are coming to an inbox near you and volume starts to reflect the share structure more accurately.
Our Next Pick Is Coming Soon! Click HERE To Make Sure You Don’t Miss Any Of Our Breaking Alerts!
CUBV Stock Quote
Market Cap: 5.82M
Last: 0.075 unchanged
Issued and Outstanding: 77,636,259
14-Day Rel Strength: 94.15%
1st Resistance Point: 0.082
2nd Resistance Point: 0.089
1st Support Level: 0.061
Looking for Hot Penny Stocks?
Click here To Receive FREE Penny Stock Alerts
Heading into 2013, things were looking up for Cuba Beverage Company. The Company actually sold 2,200 cases of its all-natural energy juice product to its San Francisco distributor and booked revenues for the year ended December 31, 2012 of $42,500 ($.81 per can). However, during the quarter ending March 31, 2013, no new orders or reorders came in and a fat doughnut, $0, was booked in the revenue column.
Regardless of the lack of business during Q1, Cuba Beverage Company has been on the PR trail announcing an invite to the U.S.-Russia Trade and Investment Mission which took place from June 10th-12th, 2013, in Istanbul, Turkey and quickly following it up with news of a distribution agreement with White Rose, the largest independent wholesale food distributor in the New York City and New Jersey metropolitan areas.
Just prior to the U.S. Russia Trade Investment Mission news, CUBV stock was trading at under 0.01 for the most part, between 0.0051 and 0.019. CUBV stock then spent almost all of June and the majority of July trading flat at around 0.035 on virtually no volume. The last 6 trading session though have been much more aggressive.
Although the real kicker to CUBV being promoted will likely come in tandems with their Q2 filing which is due out soon. During Q4, 2012, the Company sold 2.866 million shares of restricted CUBV stock at an average price of $.02 per share and during Q1, 2013, they sold 6.1 million shares of restricted CUBV shares at an average price of $.01 per share. Now that 0.075 is here, getting some profits for the private placement buyers should be on the horizon.
About CUBV Stock
CUBA Beverage Company is a development stage company that manufactures and sells an all-natural juice beverage in San Diego, California serving customers across the United States and internationally.
Last 5 Trading Sessions:
When you think Cuba, you think tropical, communist, great food and warm weather. When you think of CUBV, you can only think one thing, get in front of any promotion on the penny stock or get burned trying to flip it. The last few times CUBV stock was promoted, the only gains came in the gap at the open.
Here is your opportunity to subscribe to the Most Read Penny Stock Newsletter
If You Can’t Make Money With Us, You Shouldn’t Be Trading Penny Stocks
(We are 100% Anti-Spam and will never rent or sell your information)Share