Suddenly, Sunrise Telecom Incorporated (PINK:SRTI) opened the massive trade. After a 100% price fall on Tuesday, 
yesterday the stock closed the day at $0.315 per share on a traded volume of over 1.5 million shares. Though, the reason for the volume spike is still unknown.
The last news released by Sunrise came up in the beginning of this month, so no one is informed about the company’s current activities. Today, prweb.com reported that SRTI was to demonstrate its portfolio of test and measurement solutions at SCTE Cable-Tec Expo 2011. Though, the after-conference news are yet to be released.
In any case, the announcement appears to be an excellent PR strategy for Sunrise and the result will be seen shortly.
Sunrise Telecom Incorporated engages in the development, manufacture, and marketing of service verification equipment that enables service providers to pre-qualify facilities for services. In the beginning of this month, the company filed its quarterly report, which was not much encouraging.[BANNER]
As of September 30, the assets of SRTI have decreased, while its net loss jumped up. Besides, the accumulated deficit kept getting higher.
Despite its working capital, the 10-Q states that the future profitability of Sunrise depends on a number of risk factors which are beyond management control.
