million shares for the day. It seems that after the tremendous 333.33% price jump on Wednesday, the stock cut off its up move and started to fall down.Looks like it has been the regular movement of MSOA over the last months, and the stock has been flying up and down all the time, while its volume has reached shocking values.
Not much news has been released by MSOA recently, except the series of promotional newsletters and a couple of positive announcements on the company. Apparently, these have reflected on its price, though, not for long.[BANNER]
My Social Income, Inc. is a global provider of VoIP services to Wireless and Wireline Broadband customers, delivering best-in-class services and pricing. Historically, the pink sheets company has had higher trading periods and last year the price reached over $1.00 per share. However, presently the price range of MSOA varies between $0.00 – $0.01.
According to its latest financial report, the company has generated higher revenue and gross profit, though its operating expenses increased by over $160 million and the net loss exceeded $17 million. As compared to the cash resources of the company, that’s far beyond its financial opportunities.
Apart from these facts, the total liabilities and stockholders’ equity of MSOA are as much as its total assets, which means that the company should find urgent capital resources for its future survival.
