After a downtrend for a week, DC Brands International, Inc. (PINK:HRDN) jumped on the massive trade at once. Yesterday, the 
stock hit a shocking gain of 280% and managed to trade over 130 million shares on the market.
Following the records, the reason for the gain must be only one – the latest news by DC Brands.
The announcement came up just yesterday when the company reported that it has entered into a contract with Dixon Marketing, Inc. for distribution into the military resale system, and has received an initial Purchase Order to launch the relationship. HRDN immediately expressed their excitement about the agreement and its stock price aimed the top of the chart. Now the question is how long the up move will resist.
DC Brands International is a publicly traded company that specializes in the manufacturing of its functional beverages and health products. On March 30, the company filed its annual report, however, it looked disappointing.[BANNER]
During the fiscal year 2011, cash and cash equivalents of HRDN have substantially decreased, while its liabilities exceeded $9 million. In addition, both – the stockholders’ deficit and the accumulated deficit jumped up, and the net loss totaled $7.3 million.
However, what is even more bothering about DC Brands is that its 10-K is full of risk factors and uncertainties related to its common stock, the need of additional capital, the company’s continuation as a going concern, etc.
Meaning that at this point, even with its new purchase order by DMI, the future operation of DC Brands cannot be guaranteed.
