Yesterday, Easton Pharmaceuticals Inc (PINK:EAPH) jumped high by soaring 37.50% and trading massively on the market. 
Today, everyone is interested if the up move will continue, though Easton made hard efforts to secure it by promotions.
According to the records, yesterday EAPH was heavily promoted by a number of websites, struggling to push up the stock price. Obviously, they succeeded at the price of $7.500, paid by MPS who held the whole campaign. Will the climb continue today, should be seen any minute.
Easton Pharmaceuticals is a specialty pharmaceutical company that designs, develops and markets a premium array of topically-delivered therapeutic health-care products. The latest news by the company dates from June 3, when EAPH reported that it was planing to introduce products for treating female sexual disorders and some alternatives to ineffective hormonal therapies. The announcement stated that the company believes its additional applications target an estimated $3.5 billion market and it will focus on rapid revenue growth. Though, it looks like the promotions work much faster.[BANNER]
However, while the promotions pump up EAPH, its financials don’t seem much supportive. According to its 10-Q, the company’s total assets are not much higher than its liabilities, while the accumulated deficit went over $36 million. At the same time, EAPH has no cash to cover the losses.
The company does not have significant cash or other material assets, nor does it have an established source of revenues sufficient to cover its operating costs. Due to all these factors, EAPH operates on a going concern, desperate to achieve success with its new products.
