Since changing their name and ticker symbol a month ago, Roland Day’s Sollensys Corp. (SOLS) is starting to make some moves trading at a new high currently. The former Health Directory, Inc. (HLTD), SOLS stock just completed a 131.69-for-1 forward stock split and has been inconspicuously moving its PPS and market capitalization up to a level that is bound to create increased awareness for the maker of mobile device screens. When your client list includes companies such as Apple (AAPL), Blackberry (RIMM), Samsung (SSNLF), LG (006570.KS) and Nokia (NOK) and you were looking to pen a $20 million factory in June, you’re bound to turn heads.
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SOLS Stock Chart
Market Cap: 297.04M
Last: 0.60, up 0.15 (33.33%)
Volume: 21,950
Dollar Volume: $12,530
High: 0.60
Low: 0.50
Trades: 8
Average Trade Size: 2,743
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The official deal with Sollensys Korea whom agreed to a share purchase agreement for 100% of their shares in exchange for 200 million shares of SOLS stock, is expected to close on or around November 15, 2012. It will be an amazing day once the audited financial statements for Sollensys Korea are made available to better value Roland’s successor to his prior association to well performing penny stocks:
WBSI stock ran from 0.0019 in February to 0.087 in April – A 4,478.95% two month gain, and
MYOS stock ran from 0.057 in February to 0.495 in June – A 768.42% four month gain.
About SOLS Stock
Sollensys Corp., operating through their pending acquisition of a whollyowned subsidiary Sollensys Korea, develops and manufactures capacitive touch sensor technology. The Company is leading the world of touch products and industries. The core technology developed in SiliconValley for the world’s first touch-sensor modules, and advanced semiconductor process technology are now focused to form a new world leader in capacitive multi-touch sensor module development and supply.
Click here to view the SEC filings for SOLS.
Bottom Line: SOLS should have already been on the list of penny stocks to watch from when we first outlined the importance of the stock split in August. SOLS stock could explode once the deal is finalized here in the next few weeks. At the same time, Roland Day isn’t getting any younger, 70+, which means his chances of being Chairman of a company that provides exponential gains is becoming limited.
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