Cephas Holding Corp (PINKSHEETS: CEHC.PK) gained 26.32% on their penny stock share price to close at $0.48 in the last trading session on volume of 25,200. Penny stock newsletter alerts are circulating profiling the penny stock, CEHC, as possibly becoming the next “American Idol” +5,400% Profit Opportunity.
Cephas Holdings Corp is a developer and marketer of branded mobile phone applications for the iPhone platform. CEHC is an approved developer by Apple Computer to distribute its products on their iTunes store.
Cephas Holdings Corp currently sells the “Iron Sheik Soundboard” and it distributes free of charge “MMA Underboss” (see here) -a newswire dedicated to mixed martial arts news. CEHC also has a license from Mixed Martial Arts Champion, Fedor Emelianeko to produce iPhone applications under his brand and is currently developing that application.
CEHC Stock Snapshot:
52-Week High (2/22/2012):
1.01
52-Week Low (2/21/2012):
0.12
Avg Vol (3 month): 20,323
Avg Vol (10 day): 29,457
Shares Outstanding: 785,135
a/o Jan 24, 2012 (here)
Market Cap: 376,800
5 & 10 Day Look
5 Day % Change 26.32%
5 Day SMA 0.4080
5 Day Avg Vol 22,396
10 Day % Change -5.88
10 Day SMA 0.4300
10 Day Avg Vol 38,465
CEHC is an approved developer by Apple Computer to distribute its products on their iTunes store. They generated a whopping $216 revenue for the nune months ended September 30, 2011. With Cash of $95 and Current Liabilities of $6,101,727 according to their last 10-Q filed with the SEC (see here), is an investment in Cephas Holding Corp (CEHC.PK) penny stock warranted?
CEHC is an equity owner of The Network Talent, LLC. One month ago, CEHC announced that the reality series “Remodeled”, a show which features super agent Paul Fisher and his company, The Network Talent, became available on iTunes and Amazon. (see here)
Bottom Line: When Ryan Seacrest come out to give the numbers to call or text in your vote for the next American Idol, don’t bother taking down the number for penny stock CEHC. It has been a month since Cephas Holding Corp announced their “Remodeled” iTunes and Amazon availability.
CEHC has no volume to warrant a trade that would cover the costs involved with the trade.
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