Shares of Kimberly Parry Organics Corp (OTCMKTS:KPOC) got a major boost when “The Wolf of Penny Stocks” sent out an email to his subscribers. While many would consider this a massive red flag, “The Wolf” was not compensated for his recommendation. KPOC was one of his free picks to his subscribers before he gets ready to run a paid pick. “The Wolf” likes to look for a low floater that can really move and he can tout the gains to his flock. Because of its low float, KPOC was the perfect pick. The results speak for themselves.
The problem now is that KPOC got hit with the dreaded skull and crossbones from OTC Markets. This makes it difficult for investors to trade the stock via online brokers. It also makes it difficult for the company to raise money and deal with investors. Again, the company here is paying the consequences in the short term because of “The Wolf.” The good news is that since the company had nothing to do with the email from “The Wolf”, the skull and crossbones should come off shortly. For those that bought on the recommendation, here’s a closer look.
Kimberly Parry Organics Corp is lead by namesake CEO Kimberly Parry. The company creates luxurious spa products that harness the power of botanicals and aromatherapy to provide gentle yet effective results, which are formulated to the highest USDA certification standards. All of its spa products are USDA certified organic and made fresh to order at the company’s San Clemente, CA manufacturing facility. Kimberly Parry offers a full range of products including organic skin care, organic bath and body products, organic mom and baby care and luxurious organic spa treatments for destination, resort and day spas.
The company proudly says that “all of our organic spa products that are effective, luxurious and pure.” Kimberly Parry products are available at discerning locations throughout the United States including Hawaii, Japan, Macau, Canada, Netherlands, and Mexico. Our key partners are CosmeKitchen locations, Japan; Beauty Gallery locations, Macau; Great Jones Spa New York; Four Seasons Resorts Las Vegas and Santa Barbara; Terranea Resort & Spa – California, Ascent Spa at Tenaya Lodge – California and other retail outlets across the country.
The last we heard from the company was back in March. Kimberly Parry exhibited the company’s USDA certified organic products at the world’s largest international show in Bologna, Italy. The 49th Edition Cosmoprof Worldwide gets 2500 exhibitors from 70 countries. There were over 200,000 professionals from 148 countries visiting the show looking to find new products. Kimberly Parry Organics says that it has the world’s largest selection of certified organic products available.
In December 2015, the company achieved two important goals. The first was the return of 50 million shares to the treasury and the second was the elimination of over $1.5 million of debt into equity. These two significant moves strengthened the company to move forward.
The company brand was also featured on the Emmy Award-winning program “The Doctors,” with all studio audience members receiving a full-sized Kimberly Parry Organics creamy cleanser, brightening serum and rejuvenating cream. Spa Magazine also featured Kimberly Parry Organics in their Beauty News section. Vogue Magazine covered the company’s products in Japan and the Netherlands. CEO Kimberly Parry said:
The company’s products have been approved in the EU and Japan, a major retailer has agreed to carry Kimberly Parry products in more than 3,500 locations and the first order from Asian Pacific Rim was for 12,500 units. Kimberly Parry Organics is also going to exhibit at the prestigious 49th annual COSMOPROF Worldwide Show in Bologna, Italy in March 2016, the number one cosmetics and wellness industry event in the world.
Currently trading with a market cap of $13 million, KPOC reported $472k in revenues, net income of $379k, $218k in assets, and $647k in total liabilities for the year ending May 31, 2016. We are hoping that the skull and crossbones comes off quickly and we get an update from the company regarding new business developments. Both happening will keep the momentum going for KPOC. We will be updating our subscribers as soon as we know more. For the latest updates on KPOC, sign up below!
Disclosure: We have no position in KPOC and have not been compensated for this article.