The month long loading session for the penny stock of Alkame Holdings, Inc. (ALKM) had a noticeable increase in activity on Wednesday when volume surged past 400,000 shares traded. This is actually the second time some traders have loaded up on ALKM stock, the previous time occurring when the bottled water distributor was still trading as Pinacle Enterprise, Inc. (PINS) shortly after a 100-for-1 split. Having patiently sat through the name and symbol change and then a 1-for-3 reverse split at the start of January, the drips are becoming big enough to think a flow might finally be about to commence.
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ALKM Stock Quote
Market Cap: 53.80M
Last: 0.77 ▲ +0.06 (+8.45%)
Dollar Volume: $319,077
Issued and Outstanding: 69,878,920
14-Day Rel Strength: 57.76%
1st Resistance Point: 0.7933
1st Support Level: 0.7333
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In May of last year, we pretty much covered what all Alkame Water and Robert Eakle, CEO, President, and Director, had going with their designer water that some say originates from the fallen tears of angels that have missed out on great penny stock gains that Cane Clark LLC have represented legally at one point or another. As can be seen on their corporate website, the “Alkame Brand Ambassadors” have enough sex appeal to make anyone want to drive to California right now and rush into ever 7-11 they pass until they too can be a part of the 1% club.
What’s changed since our May coverage other than the company name, ticker symbol and share structure is pretty much all par for the course of any start up. Inaugural revenues were booked during the 3 months ended September 30, 2013, $17,274, which cost the company $73,529 to produce, resulting in a gross loss of ($56,255) before operating expenses.
But 2014 is due to be the year that Alkame Water becomes the water of choice for all consumers in the United States, Canada and Mexico. After changing the name, symbol and total shares issued and outstanding, the Company went on the “buy us” campaign inking distribution deals with Avanzar Sales and Distribution, LLC which opened up the doors to Nature’s Best, 7-Eleven stores in Southern California, and even Amazon.com for those thirsty water drinkers that want to order the beverage by the case without having to physically shop for it.
Suddenly, as if by chance, ALKM stock became an attractive ticker to slowly load up on while all of these amazing distribution deals were being inked and announced. ALKM became even more attractive right around the time when Soy Sauce Media LLC got inked to become the exclusive water advertiser for Alkame Water on 3 of their nationally syndicated radio shows.
To think, a water product that has such a widely cast group of “ambassadors” paid to be featured drinking some of the few drops of Alkame Water that has actually been sold could create pandemonium in the supermarket if their was only limited supply of it available. Since that will be a scene which can only be dreamt of for now, ALKM stock has enough supply to go around that, if you can’t buy from the one’s holding the pre-pre-split shares, those who grabbed ALKM in the 60’s may sell out to you for the right price.
About ALKM Stock
Alkame Holdings, Inc., f/k/a Pinacle Enterprise Inc. (PINS), is a development stage company in the business of manufacturing bottled/canned alkaline, antioxidant and oxygenated water under the name Alkame Water Inc..
Click here to view the SEC filings for ALKM.
Click here to view the website for Alkame Water.
Last 5 Trading Sessions:
The drips of ALKM stock this month became a lite sprinkle yesterday indicating that the penny stock alerts are due to come out as we enter into March – the biggest promotional month of the year. Until the first sight of the landing pages and/or hard mails are spotted, loading and unloading may only take place on the ALKM screen, all other transactions will be designated to other areas of the OTC markets. I still don’t think Iron Man looks to happy to have had his picture taken with that plastic bottle.
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