After an impressive loss during the past week, BioMedical Technology Solutns Hldgs Inc. (OTC:BMTL) froze on the zero price 
change yesterday. Though, it looks like the stock gets ready to start the climb. Moreover, BioMedical Technology has already chosen the way to cut off the loss and apparently it is by promotions.
Yesterday, BMTL was promoted by All Penny Stocks, however, neither the compensation, nor the paying party have been revealed. Anyway, the stock was claimed to be a big winner on the global market, which has certainly provoked traders’ attention. Will the promotions influence BMTL stock price is just a matter of time to be seen.
Apart from the campaign, yesterday there was further news regarding BioMedical Tech. The company has just filed its financial report, making more efforts to attract investors. However, despite the fact that BMTL reported higher revenues and lower operating expenses for the first quarter of this year, its working capital deficit has exceeded $1 million, as well as the shareholders’ deficit. Besides, the company’s liabilities got over 50% higher than its total assets and the accumulated deficit has notably increased.[BANNER]
The management claims that BMTL has not yet achieved profitable operations and expects to incur further losses in future, all of which cast substantial doubt about its ability to continue as a going concern. Having in mind these statements, the only question now is will the promotions be strong enough to compensate the financial losses of Biomedical?
