Unlike promotions and some recent announcements, this time Brazos International Exploration Inc.(PINK:BRZL) decided to inform investors about the actual current status of the operations of the company. It filed the statements ten days ago. This week, a slow recovery takes place, with volumes of traded shares increasing together with the stock price. 
Naturally, the millions of traded shares attract attention; thus, newsletter alerts are sent, which could affect the market today as well. The last two days were a typical example. Although they did not reach the promotions-fueled hype from two weeks ago, solid trading volumes pushed the price out of its sub-penny level with yesterday’s session closing at $0.015 per share.
Indeed, it was roughly two weeks ago when several 10-Q amendments were filed. Given the nature of some information included, it was no surprise that a slight decline took place. The last report, issued on the 14th, includes the following points:
- We currently have no full-time employees including our CEO and Principal Accounting Officer;
- We have incurred no research and development costs since inception;
- IF WE DO NOT OBTAIN ADDITIONAL FINANCING, OUR BUSINESS WILL FAIL. Our current operating funds are totally depleted;
- BECAUSE WE HAVE NOT COMMENCED BUSINESS OPERATIONS, WE FACE A HIGH RISK OF BUSINESS FAILURE;
The above are all associated with risks when investing in Brazos, and there is more less negative information included in the report of course. And some traders might have been already aware of the above points. Yet, this could also serve as a way to reach out to potential investors, by stating facts needed for a smart investment decision to be made. [BANNER]
Also, besides the risk, there are opportunities. The main one, of course, is the ongoing acquisition deal that Brazos has been releasing information about several times already. It is yet to see if and when a final agreement would be reached, but what is certain is that if it happens, the very day after the announcement another trading frenzy would form.
