These days, stock price of Consorteum Holdings, Inc. (PINK:CSRH) has been rather unpredictable. After a 12.50% gain last 
Thursday, on Friday the stock lost 11.11%, though this week it grabbed the climb again.
Yesterday, CSRH soared 37.50% while trading approximately 2 million shares on the market. Nevertheless, nobody can name the reason for the sudden price changes yet.
The only recent data on Consorteum turns out to be a stock alert that came up just yesterday. According to it, CSRH was promoted by Alpha Penny Stock for a compensation of $2,500.
Obviously, Consorteum is determined to hold the current up move for longer this time. Though, the result will be seen shortly.
Consorteum Holdings Inc. is a development-stage company engaged in financial services, payment and transaction processing industries. The last news on the company came up around mid-January and since then nothing further had been released.
The latest 10-Q of CSRH shows that as of September 30 the company was completely out of cash, while both its current liabilities and stockholders’ deficit have exceeded $4 million each. During the same quarter, along with the other losses and missing revenues, the deficit accumulated during the development stage reached approximately $8 million.[BANNER]
Based on its development-stage status and the lack of cash resources, the company’s continuance as a going concern is dependent on the successful efforts of its management to secure additional equity or debt financing. In the event that such financing is not secured, Consorteum will not be able to satisfy its liabilities.
Furthermore, certain debt is overdue and is secured by all assets of the company. Management is attempting to restructure some of its debt and secure additional financing to satisfy its existing obligations and provide for sufficient working capital to meet its future obligations, but there are no guarantees that it will be able to do so.
