Nelly Shishkova

American Power Corp. (OTC:TGMP) Holds The Climb On Promotions

by Nelly Shishkova September 16, 2010

American Power Corp. is an energy company focused on developing its coal resources to support electricity generation. Following the chart, we notice that the company has started trading not long ago and has relied mainly on good news and promotions, resulting in a high level of volatility.

According to TGMP's financial report from the end of this January, "the current funds available to the Company will not be sufficient to continue operations", and the company doesn't have and doesn't plan to hire any employees other than its President and  its management team.

Based on all the above-mentioned facts, we cannot be certain about the future development of American Power Corporation.

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