Cirque Energy, Inc. (OTCMKTS:EWRL) Teeters on Verge of Downturn

Cirque Energy, Inc. (OTCMKTS:EWRL) looks more appealing and more dangerous than ever, achieving its 2013 peak near 4 cents. EWRL continued the climb in the last short trading week, growing by nearly 2$ on subdued dollar volumes a bit above $91,000. The climb in the latest period was linked to the expectation of quarterly results.

The results are not encouraging. Still, EWRL shows:

• Zero revenues

• $251,952,000 net loss

• $15,931 cash

• $1.2 million total liabilities

EWRL shows a bit of improvement in its cash position, though achieved through increasing debt. The company doubled its assets through the cash injection and some equipment, but still remains unable to start viable production and sales of its renewable energy technologies. The only new thing remains the name, changed from Green Energy Renewable Solutions, Inc.

The company changed names after a reverse merger, which also translates as giving exposure to an existing business to the OTC markets. The positive development is that EWRL, under the new name, has not been actively promoted, which would increase the disproportion in the stock price. Still, at 4 cents, this ticker is flying higher than usual and a correction is not so far-fetched.

Investors’ forums opinions vary between a spectacular future, and a time to realize profits, expecting EWRL to turn the tides again soon. And EWRL did not make us wait, opening tentatively lower on Monday.

Ecological technologies have the added zing of credibility- only the tickers rarely do well after the initial enthusiasm. Blue Earth, Inc. (OTCMKTS:BBLU) moved to a lower range around $2.40, and exhibits downward pressure.

Carbon credit company Bluforest, Inc. (OTCMKTS:BLUF) turned into a disaster, losing greatly at the end of its promotional time. BLUF crashed in a few months from a respectable $2 price to less than 10 cents, with further downward pressure.

If you still believe the vehicle EWRL may take off based on the achievement of the merged company, think again as a 4-cent stock may face a different logic of movement. Avoid investing unaffordably, in this company or any other proposing to solve the world’s energy and pollution problems.