Neutra Corp. (OTCMKTS:NTRR) Continues Recovery on PR Promises

Neutra Corp. (OTCMKTS:NTRR) went through a widespread scenario that affected many pot stocks: the initial wild climb, followed by a shakedown and a recovery as buyers return. Thus, NTRR added another 22% on Tuesday, reaching $0.835 on buying volumes of $516,599 million. NTRR2901.png

NTRR was taken up by Quality Stocks in January, and it is odd that the $50,000 promotional budget ended as just one email was spread out in the middle of the month, but with the agreement that the message would be repeated for 180 days. So, if we trust the promoters’ agreement, NTRR may have a solid backing in terms of reaching out to investors.GRNH2901.png

In the days that followed, NTRR supplemented the climb with its updates on general business. The company appropriated its anti-microbial surfaces as an addition to hydroponics growing, thus attempting to become a pick-and-shovel company supplying cannabis growers with essential supplies. Also, NTRR is an outright producer of cannabis products.

NTRR is still relying on future promises, and will have to hand in revenues data in 2014 if it wants to be taken seriously. Still, the company is looking much like other cannabis stocks in terms of financials:

  • Cash and cash equivalents – $91 thousand
  • Total current liabilities – $128 thousand
  • Net loss – $0.8 million

Despite the promises and the promotion, NTRR is definitely among the less popular pot stocks, with less mainstream mention than the likes of GreenGro Technologies, Inc. (OTCMKTS:GRNH), a high-profile hydroponic company that receives more and more mentions and enjoys great demand. GRNH continues its new climbing trend, though with less speed and more bumps, and now stands around 47 cents.

Terra Tech Corp. (OTCBB:TRTC) moves in the same group, though with less deep setbacks. Currently, TRTC is still shy from attacking the 50-cent range, and stands at $0.434 after a day of mid-range selling.

Investors’ forums show awareness that the pump of Quality Stocks is mostly a liability for NTRR, and not a hopeful sign. Others believe that currently NTRR has enough juice to break the dollar levels by the end of the week- but this was an expectation for GRNH as well. Yet despite the high volumes, GRNH did not manage to vault the 80-cent levels, remaining subdued for now.

While NTRR seems prepared to offer its technology to growers, the realization of those ideas will most certainly lag behind the movements of the OTC markets. Keep the red flags in mind before relying too much on the company’s upward momentum.

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