Stevia First Corp (OTCMKTS:STVF) Starts To Falter At Half A Dollar Per Share

STVFchart.pngWith more and more people starting to pay extra attention to the ingredients of what they eat or drink, more and more companies are forced to offer new, healthier products or risk losing some of their market share. Even industry giants as Coca-Cola and PepsiCo need to cater to the growing health-conscious crowd, not to mention the federal laws aimed at reducing calories.

The search for a suitable replacement for sugar has been going on for some time now and stevia seems to be the answer. It is a natural product that is a few hundred times sweeter than sugar with nearly zero calories. Being featured in the hit TV series “Breaking Bad” helped immensely to spread awareness about it.

Nonetheless the run that Stevia First Corp (OTCMKTS:STVF) has been making for the past three weeks is rather astounding. With no red session at all the company jumped from $0.34 to today’s opening of half a dollar. At these heights though the stock became rather unstable evidenced by its erratic performance in early trading, currently it is down by 8%. Investors may have decided to cash in their holdings.

According to their latest financial report for the quarter ending June 30, they had:

  • $1.16 million cash
  • $1.28 million total assets
  • $2.2 million total liabilities
  • ZERO revenues from inception
  • $899 thousand net loss

STVFlogo.pngOn October 9 STVF announced that the first distribution agreement was signed which may signal that the company is finally going to start generating revenues. Another positive sign is the lack of a paid promotion going on at the moment. In a couple of articles posted on SeekingAlpha it was suggested that Coca-Cola or PepsiCo might at some point consider SVTF a candidate for partnership or acquisition. We certainly don’t know what will happen in the future but for now Coca-Cola has already partnered with Cargill in the offering of Truvia, while Pepsi and Whole Earth Sweetener Company focus on their PureVia. The saving grace for SVTF is their fermentation-based technology that can dramatically lower production costs especially of next-gen stevia sweeteners.

Yesterday the $500 thousand pump for Bison Petroleum Corp. (OTCMKTS:BISN) continued with new email alerts touting the company. The involved newsletters make the groundless claims that Marathon Oil, a NYSE-listed company, may acquire BISN. In addition, remember that playing pumped stocks has become even more dangerous with the unparalleled SEC activity. The latest company they suspended was Pacific Clean Water Technologies, Inc. f/k/a Unseen Solar, Inc. (OTCMKTS:PCWT), which has now returned to trading but this time on the grey market.

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