IX Energy Holdings Inc (IXEH) Soars Without Any News


Shares of IX Energy Holdings Inc  (PINK:IXEH) are showing solid rally on Monday with the stock soaring 627.27% to $0.0080 with more than 6.64 million shares already traded hands, compared to its 30-day average volume of 13.46Kshares.

However, we couldn’t find any specific news, which is driving today’s sharp gains, but seems traders are speculating the stock.

The company has not filed any press releases at least over the 21 months.

For the year ended 31st Dec, 2009, the company had revenue of $2.182 million, while net losses came at $7.14 million, compared to a year ago loss of $1.357 million on revenue of $10.832 million.

The company had total shareholders’ deficit of $903K with total liabilities of $1.866 million.

IX Energy Holdings, Inc., formerly Yoo Inc. is engaged in development and financing of solar power and other renewable energy solutions systems. The Company was previously engaged in marketing and selling natural energy drink derived from coconut water to distributors of soft drinks in Israel.

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