Jammin Java Corp (OTCMKTS:JAMN) Recovers Some Lost Ground

[[tagnumber 0]][[tagnumber 1]]The stock of Jammin Java Corp (OTCMKTS:JAMN) had a rough start of the year, but began slowly climbing up the charts in the beginning of March accompanied by a paid promotional campaign. It struggled in the first half of April before skyrocketing and adding 55.56% on April 17 for no apparent reason.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]After a bit more hesitation it continued to move up in the charts, reaching for the 30 cent per share mark. It seems, however, that the numbers contained in the annual report that [[tagnumber 6]]JAMN [[tagnumber 7]]filed on May 1 weren‘t to the liking of investors and the stock reacted negatively.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 11]] [[tagnumber 12]]cash: $443 thousand[[tagnumber 13]] [[tagnumber 12]]current assets: $1.81 million[[tagnumber 13]] [[tagnumber 12]]current liabilities: $3.05 million[[tagnumber 13]] [[tagnumber 12]]yearly revenues: $9.56 million[[tagnumber 13]] [[tagnumber 12]]yearly net loss: $10.28 million[[tagnumber 13]] [[tagnumber 12]][[tagnumber 13]] [[tagnumber 24]] [[tagnumber 0]]Unfortunately, we see that the cash reserves of [[tagnumber 6]]JAMN [[tagnumber 7]]aren‘t that big and the current assets of the company have also shrunk significantly year–over–year. In the same time, the current liabilities for 2014 have grown by some 61% compared to 2013. And although we see a healthy 57% increase in revenues we can‘t fail to notice that the total operating expenses have grown by a staggering 98%.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Considering the market value of around $30 million that [[tagnumber 6]]JAMN [[tagnumber 7]]commands we couldn‘t be surprised when we saw the market react to these numbers. The ticker recorded the first 5 sessions of this month in the red, dipping as low as $0.22 per share on Thursday when it lost another 15.38% of its value.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]This happened despite the April 6 announcement of an audio interview with [[tagnumber 6]]JAMN‘s [[tagnumber 7]]CEO, Brent Toevs regarding the annual report. Still, the company stock did manage to finish the week rather optimistic and climbed 11.36% for a close of $0.245 on Friday for no particular reason. The 730 thousand shares that changed their owners generated $161 thousand in daily dollar volume.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]That, however, doesn‘t mean that [[tagnumber 6]]JAMN [[tagnumber 7]]can‘t sink any lower, considering the market cap of the company stock. In any case, it is always crucial that you do your due diligence and weigh out the risks before making any investment decisions.[[tagnumber 2]]