Here we identify a couple of the “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”:
VGTel currently operates as 360 Entertainment and Productions. VGTL is an entertainment and production company planning to engage in film production, Broadway, and London stage productions. VGTel was in the business of voice-over-IP (VOIP) technology before becoming 360 Entertainment.
Shares of this penny stock currently trade near $0.57.
Stock Psycho was paid $70,000 by Francis Theodore Dudley, III to hype shares of VGTL.
Digital Caddies (CADY)
Digital Caddies owns a technology solution allowing golf courses to offer GPS to golfers. CADY’s technology provides the golfer with real-time data on distance to targets, hazards, and greens.
Currently, shares of this penny stock are trading at $0.37.
Stock Digest was paid $40,000 by Slo 3 Holding, LLC to pump shares of CADY.
A final word (and warning).
These are just a few of the current inglorious “pump and dumps”.
Remember, there’s a lot more of this going on than we can highlight here.
For more in-depth coverage of 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 scams out there these days!
Until next time,