(Editors' Note: This article covers a micro-cap stock. Please be aware of the risks associated with these stocks. This article was originally submitted on the morning of Monday, December 9.)
Nutranomics, Inc (OTCQB:NNRX) is a producer and developer of nutritional food products. Shares at their current price are substantially overvalued. Nutranomics recently went public via a reverse merger with Buka Ventures, Inc. Buka Ventures was a pre-exploration stage gold mining company. The company currently has a market cap of $57 million and is trading for $1.23/share.
The reverse-merger. (From BusinessWeek)
As of September 19, 2013, Buka Ventures Inc. was acquired by Nutranomics, in a reverse merger transaction. Buka Ventures Inc., a pre-exploration
Only subscribers can access this article, which is part of the PRO research library covering 3,556 different stocks.
Growing numbers of fund managers and other investment professionals subscribe to Seeking Alpha PRO for equity research that is unavailable elsewhere, so they can: