Li-ion Motors Corp. (OTC:LMCO) stock will capture trading attention in the coming session again in the context of a paid promotion. The company’s last quarter report raised no optimism about the future of LMCO. 
Although the stock closed the last trading session with an 8.24% increase in the share price at $0.092, it looks like the only thing that could make it attractive today is the new stock promotion. We received a promotional e-mail last night that alerted LMCO for the new session. According to our database, a third party has paid $1,500 for the advertisement.
LMCO chart shows price stability as of the last day of trading as the share price did not fluctuate that much and as the trading volume was only a small part of the daily average for the past three months with around $17,700 traded shares. Despite the consolidation, a cheap stock promotion alone should hardly become the reason for a starting appreciation of LMCO in the near future.
The company’s latest financial results also rather justify the current market cap of $2.95 million. LMCO still has not managed to solve its indebtedness problem as its operations do not provide sufficient cash flows.
No sales from electrical vehicles were reported for the three months ending October 2011, and the company only recognized sales from vehicle parts in the amount of $3,568. Net loss for the period was nearly $280,000, while LMCO had only $284 in cash and a small working capital surplus to fund its current operations.
