Puget Technologies Failed to Meet Analysts Expectations
The stock of Puget Technologies (OTCMKTS:PUGE) enrolled an expansion of 261.54% in short interest. PUGE’s aggregate short interest was 9,400 partakes in December as distributed by FINRA. Its up 261.54% from 2,600 shares, reported already. The stock last exchanged at $0.002 per share. It is down 25.93% since May 19, 2016 and is downtrending. It has failed to meet expectations by 36.45% the S&P500.
Puget Technologies Inc. is a development stage organization. The organization has a market top of $120,378. The Firm is occupied with creating and offering customer arranged items. It as of now has negative income. The Firm likewise holds interests in a travel innovation organization.
Puget Technologies, who cases to have a sub $500 3D printer coming to advertise soon, which will outflank a portion of the best gadgets available today. The amusing thing is that the organization is driven by a CEO, Ron Leyland, who has no past involvement in 3D printing, or any innovation even firmly identified with 3D printing.
After all that, the latest quarterly recording with the SEC demonstrated that Puget Technology’s accounting report comprises of $8,810 in real money, and obligation of $56,018. This was after the organization burned through $30,000 on a stock promo back in October.