Belize has long been known for their private banking and phishy corporate setups for many years already. Most recently, the penny stock of Cynk Technology Corp. (CYNK) put it back on the front pages after shares of the fake company with a wannabe rapper as the CEO exploded into a $6 billion company before being suspended by the SEC. With a new group now having popped up on the radar screen after sending out alerts on Overtech Corp. (OVET) at the start of the month and seeing its share price nearly double, the new alerts on Earth Life Sciences Inc. (CLTS) could cause this ticker to heat up, especially if the float is as small as what little information exists claims it to be.
Want to crush the Markets and make profits of $624, $2,897, even $40,656?
Click HERE To Make Sure You Don’t Miss Our Penny Stock Alerts!
CLTS Stock Quote
Market Cap: 2.16
Last: 0.33
Volume: 21,940
Dollar Volume: $6,676
Open: 0.20
High: 0.435
Low: 0.20
Trades: 16
14-Day RSI: 49.98%
1st Resistance Point: 0.4433
1st Support Level: 0.2083
52Wk High: 0.90
52Wk Low: 0.1001
Earth Life Sciences was virtually created on June 2 after Jocelyn Moisan, President of Canadian Tactical Training Academy Inc., applied for Finra to change the company’s name and effect a 1-for-40 reverse stock split. Prior to the change of direction to focus on the emerging medical markets, the entity had 202,328,633 shares issued and outstanding and was leveraging their training of law enforcement, security, investigation and protection for officers and individuals business heavily with $782,528 in liabilities to offset their $27,286 worth of assets.
What is extremely intriguing is that on June 14, 2013, Canadian Tactical Training issued a press release about how a delegation from the Ivory Coast spent three days at their head office in Montreal, Canada to discuss two potential projects. After that, the company went dark with the SEC until April of this year, filing their 10-K for the years ended December 31, 2011, 2012, 2013 and all the 10-Q filings in between to bring their status up to date, a feat which would have cost the filers a hefty bounty prior to the recent change over to Earth Life Sciences.
What appears to still be the biggest CLTS shareholder, UWD Unitas World Development Inc., having had control of 120,000,000 shares, 59.3% of the 202,328,633 prior to the reverse split. While that may trigger some to see a float of just 3.5 million or so, the most recent 10-K shows that during the year ended December 31, 2007 and 2008, the company took a $10,000 advance in each of the years and had not yet issued what was to be 2,000,000 shares and 2,000,000 shares which, after the most recent reverse split, would be 50,000 and 50,000 with a cost basis of $0.05 per share.
There isn’t much to really go on for CLTS other than the alerts which are began being leaked out last week by Gryphone Digest since no press releases have been issued yet and no website has been found yet other than the previous one for Académie Canadienne d’Entraînement Tactique. Going off of the OVET stock pump which is still running, seeing how Overtech was set up by Thomas E. Puzzo, Esq. on September 19, 2013 and initially based out of Moscow, Russia to engage in the development and sale of mobile games for the Apple and Android platforms before putting Dr. Elmedina Adzemovic in charge in May, CLTS is likely to have a similar darkness to it while the group secretly tries to shift bags onto newbie traders.
Looking for the Best Penny Stocks to Buy?
Click HERE To Receive FREE Penny Stock Alerts
About CLTS Stock
Earth Life Sciences Inc. is a development stage company set up to focus on the emerging medical markets.
Click here to view the SEC filings for CLTS.
Authorized: 450,000,000
Issued and Outstanding: 6,533,216
Last 5 Trading Sessions:
Date | Open | High | Low | Last | Change | % Chg | Volume |
08/14/14 | 0.2400 | 0.3300 | 0.2400 | 0.3300 | +0.1300 | +65.00% | 112,730 |
08/13/14 | 0.1900 | 0.2300 | 0.1810 | 0.2000 | +0.0100 | +5.26% | 50,100 |
08/12/14 | 0.1950 | 0.2000 | 0.1900 | 0.1900 | -0.0050 | -2.56% | 56,900 |
08/11/14 | 0.1950 | 0.1950 | 0.1950 | 0.1950 | -0.0749 | -27.75% | 1,400 |
08/08/14 | 0.2700 | 0.2700 | 0.2001 | 0.2699 | -0.0101 | -3.61% | 8,900 |
Bottom Line:
Last month, Belize based CYNK rushed well above $20 a month after our coverage began at 0.25. From the start of August, OVET provided traders a chance to grab nearly 100% gains after Belize based Gryphone Digest began sending alerts out. Now that CLTS is the next penny stock to get alerted out by the same group, chances are that this week will give those willing to take a gamble an opportunity to see some high, double-digit gains. With Friday’s session showing that it doesn’t take much to swing CLTS stock in either direction, keeping a close eye on it, especially if you’re in it, could prove to be the best position to rip on the dips until something bigger comes around.
[gravityform id=”6″ name=”Post” title=”false”]
ShareAUG