Innovative Product Opportunities, Inc. (OTC:IPRU) has been on the progressive move over the past couple of weeks. Last Friday, the 
stock added another 3.56% to its price, while its trading volume exceeded 18 thousand shares.
Unfortunately, the current uptrend has no reasonable explanation as IPRU has released no recent news on its business.
The only announcement on the company’s activities came up on Dec 16, when IPRU reported that it was negotiating to purchase an aerospace company. According to the announcement, Innovative was intending to enter into an LOI over the next week depending on the price and terms for the purchase.
Apart from this news, no other press releases on IPRU can be found. However, the up move continues. Today, it was fueled up by promotions.
The campaign was held yesterday, when IPRU got proted by a few different promoters for a compensation of $15,000 in total. Obvisously, Innovative wants to keep the gain for this week and the result is just about to be seen.[BANNER]
Innovative Product Opportunities, Inc. is a product development firm organized to meet the needs of new and emerging product ideas. Unfortunately, the company’s latest 10-Q is not encouraging at all.
As of September 30, IPRU has had more liabilities than total assets, while the stockholder’s deficit reached an impressive value. At the same time, the company’s net loss and accumulated deficit kept increasing.
Based on these numbers, the future operation of Innovative is under a substantional doubt, especially when having in mind the number of risk factors related to the company’s stock.
