It was at the end of June that the decline began to form for Golden Spirit Enterprises Ltd.(PINK:GSPT). It was when the 10-Q with an end-date June 30th came out that a day of optimism took place on the stock market. Whether it would last or remain as a short breath of air like the ones before that remains to be seen. 
So, 0.022 per share. This was the end of the session yesterday. A few days before that, last Friday, an all-time high in terms of trading volume was reached. No apparent catalyst, though. On the other hand, times less activity this week, yet with a catalyst at hand. The 10-Q came out on Monday, and right on the next day the rise in the stock price began.
It is interesting to mention that the figures in this 10-Q in question are not exactly inspiring. Here is some of the data that the financial report includes:
- $198 in cash; [BANNER]
- $165k in total current assets;
- $34k in total current liabilities;
- $18.2 million in accumulated deficit;
- $0 in revenues;
- $277k in net loss;
On one hand, there is the good ration assets-liabilities. On the other – just 198 in cash. For example, the promotion that was released yesterday for GSPT is supposed to cost $5,000. In this aspect, it is not exactly clear how a company with $198 in cash sustains its operations. Unclear and unpredictable are good terms for its stock performance, as well.
