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”:
Greenlite Ventures (GLTV)
Greenlite Ventures operates as a “carbon offset” marketing company. GLTV intends to sell carbon offsets through its website for verified emission reduction, and reduced emissions from deforestation and degradation. As of February’s earnings report, GLTV has generated $0 revenue.
Right now, shares of this penny stock trade near $0.09.
Elite Penny Stock was paid $25,000 to hype shares of GLTV.
Intelligent Living (ILVC)
Intelligent Living utilizes green building practices and specializes in designing, supplying, and installing automation solutions. ILVC operates through its subsidiary MCM Integrated Technologies. The company was formerly known as Elgrande International Inc. and changed their name to Intelligent Living Corp in July 2007.
This penny stock is currently trading around $0.12.
Surfs Up Stocks was paid $15,000 to pump shares of ILVC.
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,