Here we identify a couple of the potentially “bogus” promotions going on in penny stocks today.
If you don’t know how these schemes work, be sure to check out this free report that exposes the whole thing.
Without further ado, here are today’s “disasters waiting to happen”:
Global Resource Energy (GBEN)
Global Resource Energy is a developmental stage company focused on acquiring interests in the clean fuel sector. GBEN was formerly known as Aura Bio Corp and changed its name to Global Resource Energy Inc. in December 2010. For the first quarter of the year, the company lost $77,206 on $0 revenue.
Shares of this penny stock trade near $0.49.
Epic Stock Picks was paid $25,000 by Ti Consulting, Inc. to pump shares of GBEN.
InterCore Energy (ICOR)
InterCore Energy is a newly formed entity from the company Heartland Bridge Capital. ICOR’s goal is to emphasize its focus on opportunities in the clean energy space. This change came as a result of an acquisition of approximately 25% of Epec Biofuels Holdings. ICOR just changed their name in May 2012. For the first quarter of the year, ICOR lost $447,145 on $0 revenue.
Shares of InterCore are now trading near $0.07.
SimplyBestPennyStocks was paid $30,000 by NLD International to tout shares of ICOR.
A final word (and warning).
These are just a few of the potential “pump and dumps” we’ve seen lately.
Remember, there’s a lot more of this going on than we can highlight here.
For more in-depth coverage of potential penny stock pump and dumps, be sure to sign up for our free newsletter, Penny Stock Research.
As you know, penny stocks are a great place to invest your money. You just have to do your due diligence to stay away from all the schemes and scams out there these days!
Until next time,