After hitting the bottom yesterday, LTS Nutraceuticals, Inc. (OTC:LTSN) is the next promoted stock for today’s trading session. The company does not seem promising, however, as it has huge debts and issued recently more convertible notes. 
LTSN closed the last trading session at $0.97, which represents a 12.61% decline from the previous close. During the session, the share price fell to $0.76, which is a new bottom, while the total trading volume for the day was over 16 times the average with over 1 million shares changing hands. LTSN chart looks like the stock could well fall to another low, though it may not happen exactly today.
Yesterday evening, two promoters covered LTSN in their promotional newsletters. One received $5,000 as compensation for the service, the other one got $1,500, whereby both were paid by one and the same third party. It is for now the first promotion for LTSN that we detect, thus it is likely to have impact on the trading in the coming session.
There has been news yesterday as well. In a press release, the company announced that it had launched an Inline MarketingTM strategy through a direct selling marketing channel to offer a bonus compensation plan for its independent partners.
Despite all efforts to raise the value of LTSN on the market, the company’s fundamentals remain uncertain. At the end of last September, LTS Nutraceuticals had over $8 million in total liabilities on $3.5 million in total assets. An SEC filing from January says that LTSN has increased even further the dilution risk of its stock. It issued and sold to certain investors convertible promissory notes in the principal amount of $658,000 and the agreement provides for a second closing for another $342,000.
