$ASKH $PROW $MFST $CYBK $ORFG - DUE DILIGENCE
Last week we had a very good week with CYBK running as high as 9.8 cents from 3-4 cents. ICBU ran from 4-5 cents to 20 cents and ORFG from 0.008 to as high as 2.48 cents. Great week over all and we hope everyone was able to take some profits off the table! We did take some profits and we are buying back shares in all three of these of these stocks off support levels: CYBK support at 6-6.5 cents; ICBU support at 10-12 cents and ORFG support between 1-2 cents !
We introduced a brand new issue (IPO) today ASKH and we are buying shares in that again tomorrow in the 55-75 cent range. Look for a seperate email alert we sent out on ASKH. Now on to this week's HOT OTC stocks. We have one brand new stock to discuss which is PROW . The other three MFST CYBK and ORFG have been profiled in the past and we are re-alerting them each for various reasons below. Below is our DD on these four stocks starting with our newest ALERT which is PROW .
PROW
Our newest ALERT is PROW . We are alerting PROW Today because we have been informed by a very good source that the company is getting all its ducks in a row and is setting up for some MAJOR acquisitions with increased revenues and profits coming in hand over fist. The company has a multitude of Press Releases to announce business developments and we are understand there are several groups buying the stock and there is significant press on the way !
Progress Watch Corp is dedicated to independently provide high end, innovative, reliable, stable, flexible and unique Swiss made mechanical watch movements to the elite of the Swiss watch industry. We have finished the development of the START movement (See-through Triple Axe Rotating Tourbillon) during 2011 and have started the selling process. The START tourbillon movement has been patented in Switzerland in 2009. The patent expires 2027
The PROW share structure is very good and is noted below from OTCMarkets.com:
Share Structure
Market Value $2,377,119 a/o Feb 07, 2014
Shares Outstanding 49,523,316 a/o Sep 30, 2013
Float 25,156,523 a/o Mar 31, 2012
Authorized Shares 100,000,000 a/o Sep 30, 2013
The Chart on PROW is VERY Bullish and we believe a move up into Blue skies is very possible with the right news and buying volume coming into the stock. We like the stock and the company thus we are buying. The STO on the daily chart below indicates OVERSOLD conditions so we feel buying pressure is imminent with news and word of mouth. We LOVE the $PROW Chart very much so !
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