The latest promotional campaign in support of Caduceus Software Systems Corp. (OTC:CSOC) was launched on Dec. 6, shortly after the end of the trading session. What CSOC did yesterday suggests that the new paid advertising effort might bear more fruit than the previous one.
Yesterday, CSOC went up a staggering 30% to a three-week high of $0.035 per share. As far as the turnover is concerned, approximately 4 million shares of common CSOC stock changed hands, which also turned out to be the highest volume CSOC has generated since mid-November.
CSOC’s latest official press release saw the light of day yesterday, as well. According to the update, the company has designed a special mapping tool to be used on its Caduceus MMS software core.
The company filed its latest 10-Q report in mid-November. As seen in the report covering the three-month period ended Sep. 30, CSOC’s balance sheet consists of:
- zero cash;
- no assets whatsoever;
- negative working capital of $43K;
- net quarterly loss of $10K.
As long as CSOC keeps showing such reports, investors will hardly take its CSOC stock seriously, which will in turn leave CSOC highly vulnerable to artificial pumping schemes.
