After an impressive gain on Monday, the stock price of Deltron Inc (PINK:DTRO) crashed down hard. Yesterday, the stock lost 
33.33% on the market, while its traded volume jumped over 88 million shares. In any case, Deltron has not given up the fight yet.
Just yesterday, the stock was suddenly promoted in order to pump up its price. The promoter based the alerts on the company’s financials and acquisitions and alerted traders to keep an eye ot DTRO.
However, apart from the campaign Deltron has not released any news on its business recently and no one is familiar with its current projects. So, what’s the next move of the stock is just about to be seen.
Deltron is engaged in acquiring profitable businesses with strong management teams, substantial revenue and established market positions. In end-August, the company announced it has achieved a strong financial performance for the period ended June 30, 2011. However, the numbers are not so encouraging:
* $924,251 current assets
* $4,529,214 current liabilities
* $136,023 cash
* ($1,216,275) stockholders’ deficit
* ($3,600,968) accumulated deficit [BANNER]
Apparently, the positive statements have been not positive at all. And despite the company’s sales have increased, Deltron expects to incur more losses for the foreseeable future. Thus, the management needs to ensure additional financing, or to generate significant revenues. However, the team claims they may never achieve profitability.
