Dragni Dragnev

IJJ Corporation (OTCMKTS:IJJP) Jumps Once More

by Dragni Dragnev April 3, 2015

IJJ Corporation (OTCMKTS:IJJP, IJJP message board) has had quite the roller-coaster ride lately – it has managed it has managed to jump or crash in double digits on ten occasions over the last month. Yesterday was no different, with the ticker climbing the charts an impressive 38.46% in one session.

Still – investors should keep in mind that this sort of price movement is only possible due to the low share price and dollar volumes. After all, IJJP is a small cap company with an authorized share count of 2 BILLION that has a share price on the threshold of triple zeros. Under the circumstances, it is only natural that any serious activity would send the ticker flying up or spiraling down.

Though, to be fair, IJJP's financials for the period ended Jan. 31 are way better than most quarterly reports you can find on the OTC Markets:

  • cash - $418 thousand
  • current assets - $470 thousand
  • current liabilities - $20 thousand
  • quarterly revenues - $51 thousand
  • quarterly profit - $22 thousand

To IJJP's credit, the company seems to be making efforts to improve transparency and investor relations by “releasing information to the investment public regarding the company's share structure”.

That's all well and good, but said attempts go hand in hand with a barrage of overly optimistic and wordy press releases that sound more like promotions than actual updates. Further, the company has a history of actual promotions, which doesn't really add to its credibility.

This is why investors should take the time to do some serious and careful research, before committing to IJJP stock.

Comments 7

1. Guest
August 07, 2015, 10:05PM

Quotes The IJJp CEO is an honest man IMo. Talked with him twice myself.
He mentioned possible share reductions in the future.. BOOOOOM..
And he mentioned confirmed No dilution, No Notes, No toxic debt.
485k on the 6/25/15 FINS.

Man of his word, plus our many clients thrive.

This Company is the Gem. mark my words. If I'm long term incorrect, at least I bless your life with experience. Bless

IJJ Corp

2. Guest
August 07, 2015, 10:01PM

Quotes True that July 8th poster.........

IJJ Corporation is full momo. Just dropped 170 mil
unannounced from the float. PR imminent.
The float was small to begin with

3. Guest
July 08, 2015, 05:50PM

Quotes it seems to me that ijjp has very smart and aggressive leadership! hope they keep up the dream and all this good energy will get them up to .01 fingers crossed!

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