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”:
Gunther Grant (GNGR)
Gunther Grant operates in the development, production, distribution, and marketing of chocolates and various chocolate related items. The company’s chocolate products include gourmet fudge, rollercoat candy coloring, product replications, and custom molds. In 2008, GNGR terminated their SEC registration.
Shares of this penny stock are trading around $0.09.
Penny Stock Pros was paid $50,000 by Southern Investor S.A. Global Marketing Media, LLC to pump shares of GNGR.
Registered Express (RGTX)
Registered Express is a development stage company that provides products and services for the secure and verifiable delivery of electronic documents. RGTX offers Registered Express (RegEx) service, a Web-based service that provides individuals and corporations with a secure and verifiable method of delivering documents to their intended recipient. The company was formerly known as Canam Energy, Inc. and changed its name to Registered Express Corporation in June 2009.
Currently, this sub-penny stock is trading near $0.007.
Research Driven Investors (RDI) was paid $30,000 by BBC, Inc. to promote shares of RGTX.
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,