Tuesday, January 28, 2014

Three Small Cap Stocks Going for Highs or Withdrawals: AEGY, REFG & PGSY

On Monday, small cap marijuana stocks Alternative Energy Partners Inc (OTCBB: AEGY) and Medical Cannabis Payment Solutions (OTCMKTS: REFG) surged 117.86% and 17.95%, respectively, while tech stock Portlogic Systems Inc (OTCMKTS: PGSY) sank 20%. However, it appears that only one of these small cap stocks has been the subject of disclosed paid promotions or investor relation activities. So what will these three small caps do today and the rest of the week? Here is a quick look to help you decide on a trading or investing strategy:

Alternative Energy Partners Inc (OTCBB: AEGY) Surged 117.86% and Has Plans Focused on Medical Marijuana

Despite the name, small cap Alternative Energy Partners is apparently in control of PharmaJanes which allows individuals to purchase medical marijuana through a website and smart phone application anywhere such a transaction is legal in the United States. On Monday, Alternative Energy Partners surged 117.86% to $0.0061 for a market cap of $13.21 million plus AEGY is up 662.5% over the past year and down 97.1% since April 2011 according to Google Finance.

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What's the Catch With Alternative Energy Partners Inc? According to various disclosures, no transactions have occurred to mention Alternative Energy Partners in various investment newsletters and there is no recent news from the company. In fact, the most recent press release from Alternative Energy Partners dates from September to announce the launch of the beta version of http://www.pharmajanes.com – its website for delivery of medical marijuana products. As of September, the PharmaJanes beta platform was only available online with the mobile application set to follow after the official launch of the online platform. Otherwise and according to the latest Form 10-Q filed on December 23rd, the company agreed to acquire the PharmaJanesTM marketing operation from iEquity Corp. back in May 2013 and will be changing its business model to focus purely in the medical marijuana marketing space. In addition, AEGY will be changing its name to PharmaJanes, Inc. Otherwise, someone by the name of Mario Barrera currently serves as Chairman, President and CEO and sole officer and the company has no paid employees – relying instead on paid consultants to provide necessary services. A look at Alternative Energy Partners' financials reveals revenues of zero (most recent reported quarter), –$3k, $1k and $1k for the past four quarters along not income of $230k (most recent reported quarter) and net losses of $2,954k, $51k and $452k. At the end of October, Alternative Energy Partners had $2,031k in current liabilities and $237k in long term debt. So while investors or traders got a high on Monday (and last Friday as well), it does not look like a sustainable high.

Medical Cannabis Payment Solutions (OTCMKTS: REFG) Wants to Provide Bank and Payment Accessibility to Marijuana Dispensaries

Small cap Medical Cannabis Payment Solutions' mission is to provide end-to-end management, across multiple management systems, for medicinal marijuana operations. On Monday, Medical Cannabis Payment Solutions rose 17.95% to $0.230 for a market cap of $75.23 million plus REFG is down 89.1% over the past year and down 99.96% over the past five years according to Google Finance.

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What's the Catch With Medical Cannabis Payment Solutions? According to various disclosures, transactions of $2k, $5k and $15k have or will occur to mention Medical Cannabis Payment Solutions in various investment newsletters. Last Wednesday, Medical Cannabis Payment Solutions announced that New York Times best-selling author Dr. Wess Roberts, who has also been an executive with Fortune 500 companies, member of various boards, professor, author and retired Army officer, has accepted a position on the Advisory Board of Medical Cannabis Payment Solutions. In addition, Medical Cannabis Payment Solutions announced it had initiated their project to provide bank and payment accessibility to dispensaries and care providers. Apparently, Medical Cannabis Payment Solutions is pushing its legal and professional advisers to identify new structures that have the potential to allow medical cannabis industry participants to alleviate concerns about federal money-laundering restrictions. Otherwise, the last important news from Medical Cannabis Payment Solutions came in October when the company announced new additions to its sales force. A quick look at Medical Cannabis Payment Solutions' financials reveals no revenues; net losses of $22k (most recent reported quarter), $5k and $51k for the first three quarters of 2013; and $35k in cash to cover $36k in current liabilities at the end of last September. So investors should probably wait for more financials to appear to see if the company has made any progress.

Portlogic Systems Inc (OTCMKTS: PGSY) Has Recently Announced New Offerings

Small cap Portlogic Systems is a telecom solutions provider, and mobile and Internet software developer and solutions provider for electronic payments, ticketing and marketing delivery and community communication systems. On Monday, Portlogic Systems sank 20% to $0.0160 for a market cap of $3.30 million plus PGSY is down 40.7% over the past year and down 97.3% since March 2010 according to Google Finance.

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What's the Catch With Portlogic Systems? According to various disclosures, no transactions have occurred to mention Portlogic Systems in various investment newsletters. Portlogic Systems has also been quiet since November when it announced its mobile cloud CRM offering in collaboration with JBBMobile. However, its not clear just what Portlogic Systems' role is beyond working with "JBBMobile's dedicated team to provide on-going support and training to increase customer satisfaction, improve response times and productivity, resulting in sales." In September, Portlogic Systems announced Beta testing had concluded for FAMILIES, a privatized customizable social media family network site that was ready to launch with the CEO commenting: "We are proud and excited to offer FAMILIES which we believe may be one of the best sites currently on the market for organizing family memories and sharing special moments." A quick look at Portlogic Systems' financials reveals revenues of $41k, $563k, $482k and $117k for the past four reported quarters along with net losses of $51k (most recent reported quarter), $45k, $55k and $61k. At the end of November, Portlogic Systems had no cash and $64k in receivables to cover $401k in payables and $1,022k in total current liabilities. So investors might want to wait for more news and financials.

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