Intelligent Living Corp. (OTC:ILVC) has been moving up over the past days. Along with the price move, yesterday the traded 
volume of the stock reached approximately 6 million shares, which attracted investors’ attention.
Following the records, we can see that the progressive move has started on positive news by Intelligent Living. First, the company announced the expansion of its Southlands Project on which it started working in January this year. Then, yesterday ILVC provided an update on its previously reported strategic initiatives and the Letter of Intent targeting annual sales of $20 Million.
The news certainly pumped up the stock price, though it was not the only factor for the gain. Actually, it was more likely due to the latest promotions of ILVC. The campaign dates from yesterday, when a bunch of promoters presented ILVC as a sub penny that can get explosive. The alerts cost $15.000 in total, paid by Quantum Consulting Group, Inc. Apparently, promotions are meant to hold the current up move for longer and the result is just about to be seen.[BANNER]
So far, so good, however there is a big problem for Intelligent Living Corp. – its financials. According to its 10-Q report, as of end-February this year the company’s current liabilities were 15 times higher than its assets, and the stockholders’ deficit was over $1 million. Despite the fact that the revenues of ILVC had a minor increase, they are not able to cover all losses and the negative cash flows.
Considering the above-mentioned, Intelligent Living is dependent on external sources for funding or further loans to maintain liquidity. However, there are no guarantees that the company will be able to raise external capital in sufficient amounts or develop positive cash flows in near future.
