US Highland, Inc. (OTCMKTS:UHLN) Making A Comeback

Today, we need to talk again about US Highland, Inc. (OTCMKTS:UHLN), the sales and marketing company. Our readers know very well the market reaction created by the company when it announced the acquisition of Charlie Grainger’s Franchise. Source: http://www.charliegraingers.comWe also stated that the appointment of Everett M. Dickson as new CEO and President of the company on June 15, 2017 had created a lot of expectations and the new transactions were expected:

"Honestly, we were expecting new transactions from the company after we saw that Everett M. Dickson had been appointed the new CEO and President of the company on June 15, 2017." Source

Have a look at what happened in June and July when our article was published: 1 year chart for UHLNIf you check again the stock chart, you should note an increase in the volume as well as an increase in the share price. From $0.0009, the share price increased to $0.0021 in less than three days. Additionally, the amount of shares that changed days some days was larger than 100 million shares.Have a look at it and form your opinion: 1 month chart for UHLNWhat's happening?The company did not release any new announcement. We could not find anything on the OTC Markets website. We had to look somewhere else to find the information. The information was given through the Twitter account of UHLN.In this article, we will explain what happened.Recent DevelopmentsLet's revisit a little the business history of UHLN for those who had not read our previous reports. UHLN was formed in 1999 in the State of Oklahoma and later merged with Harcom Productions. USH Distribution Corp. and Powersports Brand Alliance, Inc. were also acquired and are now wholly-owned subsidiaries.What's new?We identified new information in the official Twitter account (the link can be found on the company's website) of the company: "Acquisition NEWS on the horizon $UHLN# Definitive"The company noted that acquisition news was "on the horizon." Thus, we believe that the company is either finally closing the acquisition of Charlie Grainger’s Franchise or another merger is going to be communicated. In any case, we believe that the news is good and the market agreed as the share price climbed off the bottom. A merger would increase the amount of assets and revenues of UHLN. We still need to see how the integration would take place. However, undoubtedly, given that the company has experience in mergers and acquisitions, the process will be handled by experienced professionals. Other messages in TwitterWe had a look at other messages regarding the state of the business that perhaps other market participants overlooked in July. The company informed about its new website:

"To confirm this twitter account is in fact US Highlands, Inc (UHLN), and will be incorporated into our website https://www.ushighlands.com today" Source

Additionally, it noted something very relevant. The company is preparing new financial statements:

"We are making solid progress bringing the financials current and getting all our ducks in a row." Source

We will need to be very alert on this fact. Everybody can see in the OTC Markets website, the company needs to upload its financial situation for the year 2017. The market will be very interested in the new statements and many more investors will be interested in the company once they are out. Hence, we believe that the demand for the stock could increase, which could push up the share price. It could be a great catalyst.ConclusionCurrently trading with a market cap of $0.1 million, UHLN is becoming a hot stock. With $11,000 in cash, $2.4 in total liabilities in the balance sheet and 58,104,336 total outstanding shares, the company will need more capital to finance its operations. However, we believe that the new merger announcements and the fact that it is working to release its new financial statements are seducing the market.Be sure to check out our coverage on UHLN!We will be updating our subscribers as soon as we know more. For the latest updates on UHLN, sign up below!Image courtesy of ecogreen4us via FlickrDisclosure: We have no position in UHLN and have not been compensated for this article.