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”:
Solo International (SLIO)
Solo International is an exploration stage company. SLIO focuses on exploration, production, and operation of mining properties in Quebec. The company is primarily focused on ‘rare earth’ metals and titanium. Solo International was founded in 2010 and is based in Nevada. SILO has yet to generate any revenue.
Right now, shares of this penny stock trade near $0.08.
Penny Stock Newsletter was paid $100,000 to hype shares of SILO.
SEFE is a development stage company that is attempting to commercialize the ability to harvest atmospheric electricity. SEFE holds patents for capturing and converting naturally occurring static electricity in the atmosphere into usable energy. So far, SEFE has recorded $0 in revenue over the past two years.
This penny stock is currently trading around $1.24.
Penny Stock Wizard was paid $2,274,560 by Speed Evolution Ltd to pump shares of SEFE.
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,