ENVIRONMENTAL PACK COM USD0.0001(OTCMKTS:EPTI) Gets Pumped

ENVIRONMENTAL PACK COM USD0.0001 (OTCMKTS:EPTI) is the latest stock that jumped up in the OTC Markets’ world. The share price went from trading at the level of $0.25 to touch the $1.20 price level on June 14, 2017.The reason?A press release noting the competition of the company's merger and the announcement of the initial sales of LiquiRideTM flexitanks seems to be very good reasons to justify the recent share price move. Have a look at it:SourceHowever, several factors indicate that the share price increase is not quite healthy. In this article, you will find two very good reasons to believe that this stock was unfairly pumped up. One of these reasons is the financial figures recently reported. We will tell you the other reason at the end of the piece. Read the whole article before thinking about risking your money by investing in this company!BusinessEPTI was founded on November 17, 2011. Initially, it was called "GS Valet, Inc.", but on September 26, 2013, after a change of control the name was changed to "International metals Streaming Corp." Finally, on December 28, 2016, EPT Acquisition Corporation and the company, whose name had been changed, signed an agreement of merger. As of March 31, 2017, the conditions precedent to complete the merger transaction had not been satisfied.What's the deal? The company's business objective is stated in the following way on its website:

"It is also the only one still manufacturing its products in the United States. This has allowed EPT to maintain the highest levels of quality control and manufacturer what it believes to be the safest and most reliable flexitanks on the market." Source

What are the products intended for? The company provides packaging solutions for the transportation of bulk products. The company can offer packaging ranging in size from 6,000 liters up to 24,000 liters.What are the customers that are intended to use the technology?The company markets its products to industries that need to transport delicate products. EPT's Barrier Wine-Pac™ is, for example, marketed to the wine industry, but there are many others. Readers can check videos of the company's products here. The following photos are also examples from its website:SourceRecent AnnouncementsOn June 12, 2017, the company put out that it had commenced to sell its new LiquidRide(TM) Flexitanks to "several of the world’s largest beverage companies". Additionally, it was noted that the flexitanks work with refrigerated shipping containers and refrigerated tractor trailers. Thus, companies can transport juice and other liquids requiring temperature control. The CEO said the following about the announcement:

“I believe that LiquiRideTM is transforming this industry,” said David Skriloff, CEO. “LiquiRideTM opens up new markets such as fresh juices, juice concentrates, milk – and virtually any liquid requiring temperature control - that have previously been unable to take advantage of the economic and environmental benefits of flexitank shipping.” Source

Furthermore, in another press release, it was noted that the company had finally announced the completion of its reverse merger with EPT. We believe, like the CEO, that this is a great move. EPTI will now be able to obtain financing by issuing shares. The financing of new projects will be easier from now on. These are the words of the CEO, David Skriloff:

“Being a public company will allow to have further access to the capital markets such that we can globally expand our production capabilities and continue to grow our business.” Source

The most recent share price jumps were caused by these two good news:SourceReality: Bad Financial Situation and Stock PromotionWe appreciate the most recent company moves, and decided to investigate a little further the financing situation of the company. In the financial statements released on June 1, 2017, we found out that the company has no assets at all except $475 in cash, and $47,023 in liabilities. These numbers were released before the recently announced merger.EmailsEverything made a little more sense when we received an email, wherein the stock was touted. We found the following statements about the stock. It included references to the "Trump effect" on the share price:

"Many believe that Trump’s promise to bring more manufacturing jobs BACK to the US is already being kept – as evidenced by his ability to save jobs that were headed overseas and by his continued effort to lure more companies to return their manufacturing back to the US."

Additionally, impossible quadruple-digit returns, that we don't believe, were noted:Furthermore, the $475-in-cash company was compared to big business conglomerates as Apple or Google:

"What many of those experts forget to tell you, or won’t tell you, is that every company – even the big boys like Apple, Google and a host of others – begins at ground zero."

Additionally, partners who don't appear in the annual report were mentioned:Finally, the email touter disclosed the sum being received to promote the stock:

"The publisher was paid the sum of ten thousand dollars for its contributions. The marketing vendors will be managing a total budget of one million dollars for all email and online advertising and marketing efforts and will retain any amounts over and above the cost of production, copywriting services, mailing and other distribution expenses, as a fee for its services. If successful, the advertisement will increase investor and market awareness, which may result in increased numbers of shareholders owning and trading the common stock of (EPTI), increased trading volumes, and possibly increased share price of the common stock of (EPTI)."

ConclusionOn the surface, EPTI seems to be a fine stock creeping up thanks to a new revolutionary technology, and a merger with another party. However, we studied the company a little further and saw that the financial situation of the company is terrible. The amount of assets is close to zero. We could not really understand why the share price could be worth $1 before the completion of the merger.The case became a little more clear when we received email alerts on EPTI. The stock has been touted, thus part of the share price jump may be explained by the push of the stock promoters. Hence, the company is a dangerous investment. If the promo dollars dry up, the share price will decline. So, email subscribers need to be very careful. Buyer beware!We will be updating our subscribers as soon as we know more. For the latest updates on EPTI, sign up below!Disclosure: We have NO position in EPTI and have NOT been compensated for this article.