Is it possible that ITonis Inc. (PINK:ITNS) hit an 52-week high in terms of share price yesterday? Not really… not only. Actually, it was back in 2008 that this stock last reached levels as the current one. So, what happened? 
Well, this week alone, two things happened. One one hand, two alerts hit mailboxes around noon yesterday. It was another successful day for this stock, and promoters rushed to beep about that. No money paid for the newsletters. What is probably much more interesting – people got to hear from the CEO, read from him, to be precise. A letter from Mark Cheung was released, updating on the current situation and direction of Itonis. As mentioned, an update coming when the stock price is back at its levels from 2008. After a long period of sub-penny levels, this Tuesday the session closed at $0.066 per share.
Having that in mind, it might be a bit early to open the champagne. After all, this is still a pink sheet. For example, if someone decides to do some additional research on the matter, and see what the present financial situation with ITonis is, he would be left with results for the end of May this year. Here are some of the figures included in the quarterly report in question: [BANNER]
Not exactly inspiring, not so bad, as well, given that this is a penny stock enterprise. In terms, there is still much uncertainty at hand, but at least the stock performance is a basis for optimism and hope. Yet to see whether sustainable growth could be achieved.
