Borislav Tonev

Rejuvel Bio-Sciences Inc (OTCMKTS:NUUU) Rejuvenated

by Borislav Tonev March 3, 2016

The members of Rejuvel Bio-Sciences Inc (OTCMKTS:NUUU, NUUU message board)'s management team are quite insistent on pointing out that their cell renewal cream is pretty ground-breaking. They say in almost every press release that it's been developed in a special microgravity bioreactor that's been put together by none other than NASA, and they don't shy away from using some bombastic words.

It would appear that there is actually something behind the space-age cream. As far as the reviews and testimonies (both on NUUU's own website and on Amazon) are concerned, most of the people who have actually bought the Rejuvel 3D are quite happy with their purchase.

The problem is, the number of people that have paid close to $150 for the cream is not that huge. Here, for example, is what the figures recorded at the end of the third quarter of last year look like:

  • cash: $877
  • current assets: $88,897
  • current liabilities: $1,701,661
  • quarterly revenues: $50,408
  • quarterly net loss: $327,512

Profitability has been nothing more than an elusive dream which has in turn had a rather catastrophic impact on NUUU's balance sheet. It must be said, however, that the revenues, though still rather modest, have experienced a 175% jump on a year-over-year basis which means that with some increased marketing efforts, the company might just be able to find a few new well-off customers.

Unfortunately, even that might not be enough to save the stock. Because of the woeful lack of financial stability, the company has been forced to rely on toxic debt in order to fund its operations. The discounts on the convertible notes hover around 40%, and although the dilution depicted in the latest 10-Q is not that devastating, the horrific drop that the stock has experienced since the report's publishing date suggests that many shares might have seen the light of day over the last three and a half months. How bad was it exactly?

Well, on November 16, when the Q3 report came out, NUUU hovered around $0.10 per share. Yesterday, it recorded a brand new 52-week low of $0.002. It did manage to bounce, though.

It gained a massive 122% and it stopped at $0.005 per share. It also logged a dollar volume of just under $100 thousand which goes to show that many people are waiting for something exciting. Their anticipation is fueled mostly by discussion board hype and rumors about news coming out of NUUU's headquarters in the near future.

The more experienced among you probably know that words coming from the proverbial grapevine rarely sustain penny stocks for long, especially when the convertible notes are involved. Proceeding with caution is your best bet.

Comments 2

1. Guest
May 20, 2016, 10:25PM

Quotes Lol that's not how investments work ^^^^

2. Guest
March 03, 2016, 12:54PM

Quotes this is very stupid u guys pretty much stole all of my moner i want my money back

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