Allezoe Medical Holdings, Inc. (OTC:ALZM) has been moving down progressively over the past days. Yesterday, the stock lost 
another 10.14% of its price and its traded volume decreased. However, the situation might change today due to a number of reasons.
The first one turns out to be the last news by ALZM. Yesterday, the company reported it was to acquire a HPV treatment alternative that offers easy, affordable, and on-the-spot HPV diagnosis. The announcement sounds quite optimistic, though there was another method for supporting ALZM stock price.
Again yesterday, the stock was promoted by ClubPennyStocks for a compensation of $20.000. The alert along with the positive news by Allezoe might influence the stock price in a while, though this cannot be guaranteed for long.[BANNER]
Allezoe Medical Holdings, Inc. manufactures, develops, and markets medical devices. Its latest 10-Q that came up in the mid-July. According to it, the company has no revenue and the largest part of its total assets of $455.723 is still intangible.
Also, ALZM reported over $3.2 million in current liabilities, $2 million of which due under notes payable. From the 10-Q it is also evident that the largest part of the company’s debt is convertible into shares of common stock at a discount from the average market price. While both the shareholders’ deficit and the accumulated deficit have substantially increased. As a result, ALZM has been operating under a going concern.
