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Old 07-09-2014, 09:11 PM   #1
lezinterracial
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CYNK technologies - Forget kickstarter - Go Public

http://www.valuewalk.com/2014/07/cyn...ts-no-problem/

Cynk Technology Corp (OTCMKTS:CYNK) has been an over the counter penny stock with essentially no trade volume for most of the last year. And then, for no apparent reason, it rose from $0.06 per share to more than $2 in June and has gained 150% in trading today to reach $14.71 valuing the company at $2.8 billion even though it has no revenue, no assets, no product, and one employee


For those who are curious, Cynk Technology Corp (CYNK) is a social media company whose plans included hiring a web developer and starting a website the last time it filed a quarterly report, last November. The company filed a Rule 15d-6 Suspension of Duty to File Reports back in April, so if you?re looking for a social media start-up with a bright future this doesn?t seem like the droid you?re looking for (and it?s been hard to find stocks to borrow for shorting, oh well).
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Old 07-09-2014, 10:09 PM   #2
Alex1776
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Wtf?????
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Old 07-10-2014, 09:00 AM   #3
lezinterracial
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I really don't understand the stock market. Up 48% from yesterday.

http://www.google.com/finance?q=OTCMKTS:CYNK
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