Coupons might be a huge hit with housewives around the nation, and the penny stock of Neohydro Technologies Corp. (OTC: NHYT) seems to have taken advantage of that. Setting a new high last week and closing within millimeters of it on Friday, NHYT stock has seen some very positive action hading into June after changing it’s focus to an unpopular app. Looking to close the deal on Couponz, Inc. and their “Epoxy” app, can this one fond a way to keep investors stuck together and avoid becoming unglued?
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NHYT Stock Quote
Market Cap: 3.80M
Last: 0.023 ▲ 0.0011 (+5.02%)
Dollar Volume: $23,429
Issued and Outstanding: 165,358,040
14-Day Rel Strength: 66.41%
14-Day Stochastic: 86.67%
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Last week, NeoHydro Technologies finally found a partner to merge with after it announced entering into a non-binding letter of intent to acquire Couponz, Inc. Binding or not, David Gasparine, founder of Couponz, Inc. in April 2011, started the Company from scratch with a plan to provide an easy to use tool that alleviated the frustrations he experienced while he was operating his other small businesses. Gasparine has already been signing off as President of NeoHydro on SEC filings.
The “Epoxy” app has been around for awhile already with some pretty negative reviews according to appbrain.com. Whether it’s because of spammy notifications or Couponz that aren’t worth the hassle, users of the app haven’t had the best things to say about it, but that was nearly 6 months ago.
The opposite can be said for traders with the foresight to have gotten involved with NHYT stock in early May. Shares of the previously thinly traded shell corp. had a nice run from just under .01 to a high set last week of .025, building support along the way. If the glue can stick together in June and July, there’s a decent chance for NHYT to test .03, or even .04, before coming back down to earth at .015.
About NHYT Stock
Couponz, Inc. is the developer of Epoxy app, an innovative smartphone app designed and created to conveniently connect business owners and consumers in order to ease marketing frustrations.
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For those looking to sneak into a pre-promotion penny stock, NHYT might be one to have a close look at. There’s a decent amount of shares available for trading and enough small money being thrown around on it to call it a play. PR and a promo will be the key ingredient necessary to shove NHYT stock past .03 so keep a look out for that if you’re already trying to get some Couponz for discounted profits.
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