This junk stock promotion ( STEV ) now has OVER 180 MILLION Shares Outstanding
Read what they DISCLOSE about themselves in the 10-K they just filed on 7/15/14:
"Our auditors have expressed uncertainty as to our ability to continue as a going concern as of our fiscal year ended March 31, 2014. As of March 31, 2014, we had an accumulated deficit of $13,597,941. We anticipate that our existing cash and cash equivalents will not be sufficient to fund our longer term business needs and we will need to generate additional revenue or receive additional investment in the Company to continue operations. Such financing may not be available in sufficient amounts, or on terms acceptable to us and may dilute existing stockholders.
If we fail to raise additional capital, our ability to implement our business model and strategy could be compromised."
The "going concern" clause is pretty much standard fare for micro cap stocks. Shortly after STEV released financials they picked up 600K in loans (with no stock conversion provision - non dilutive) plus 200K per month from the Chinese partner. Capital and cash flow are in decent shape right now. Can they deliver going forward is the question. 4th Q numbers (audited) were great, repeat that 4x this year and market value jumps to at lease .40/share with 180 mil. issued. If you're not interested - fine, though I wouldn't play this on the short side, unless you're day trading perhaps.