Yesterday, stock price of STADIUM ENTMT HLDGS INC (PINK:SEHI) stood at $0.16 per share. However, with a compensation of 
$30.000 the situation might look much better today.
Records show that SEHI was heavily promoted yesterday and the notable compensation was paid by Triple Crown Express. The campaign alerted on the latest news by Stadium, which provoked traders’ attention.
According to the press release, the company has just completed phase one of its distribution roll-out, considered as a worldwide distribution model by SEHI.
The positive news, along with the promotions, may push up the stock price, however, the company’s financials may certainly smash it down.
Filed yesterday, the latest 10-Q of SEHI is completely disastrous. As of June 30, the company has registered:
* $2,571 cash
* $121,683 current assets
* $3,809,491 current liabilities
* $3,678,846 stockholders’ deficit [BANNER]
Considering these numbers, as well as the other substantial losses, the future operation of SEHI has been placed under a going concern.
The company’s management is hopeful to raise capital, however, it has not established a significant source of revenue and is not able to cover its liabilities.
Presently, Stadium relies on its new distribution model, though there can be no assurance that it will make the company profitable.
