The last known promotion for EVPH was paid with $8,000 and it included the distribution of e-mails and other marketing services in December last year. The overall result was not a higher trading range for EVPH share price, on the contrary. The stock landed after that into yet another lower sub-penny trading range, where the 1.5 cents hard resistance has never been touched since then. Yesterday, EVPH stock was on the winner side, closing 9.09% higher at $0.012 for a share and the whole action being represented by a total dollar volume of $1,698 for the day, a value still more than twice the average.
Then, late in the evening a new stock promoter included EVPH stock in his newsletter, maybe with the idea to accelerate any possible effects on the market of the company’s latest press release issued after market close yesterday. Technical indicators look positive, but if the alerts and the announced entry into the “trillion dollar home loan consolidating industry” will change the game today, is a question with no definite answer.
Everybody’s Phone financials are much more definite, however. The scarce financial data available on the OTC Markets homepage point that in the nine months ended September last year the company had no revenues, raised about $200,000 in the form of notes and equity and spent immediately all of that cash on its the operations. All in all, EVPH has about $65,000 in assets, at least twice more liabilities. Also, EVPH has accrued payroll for two officers of over half a million dollars in the five years between 2004 and 2009, whereby the largest part of that liability has been then assigned to some “third party non-affiliates” in 2008.
