Yesterday, SecureAlert Inc. (OTC:SCRA) started rushing down. Just for the day, the stock lost 10% of its price on a traded volume 
exceeding 11 million shares. The only problem here is that at this point the reason for the fall remains unknown.
Historical data shows that after SecureAlert reported its improved revenues last month, the stock hit a huge gain, though after that no other news was to follow. Most probably, just the lack of information on the company’s current activities provoked investors’ disappointment and SCRA took the way down. Now the question is how far the fall may go.
SecureAlert, Inc., a Utah-based corporation, has specialized in electronic monitoring of offenders including pretrial, probation and parole. As mentioned above, the company reported higher revenues in May, supported by an optimistic press release which made the stock grab the gain at once. However, the financial report is not so positive as it looks at first glance.[BANNER]
Revenues of SCRA are really higher as compared to the previous period, though the company has a significant accumulated deficit, as well as liabilities of over $10 million. Besides, if we add the net loss to these values, the whole picture looks disturbing. The only conclusion here is that until SecureAlert finds a way to cover its liabilities, the company will need to keep functioning under a going concern.
