Joymain International Development Group: My Take On This Tiny Company Worth $6B
http://seekingalpha.com/article/3249715-joymain-international-development-group-my-take-on-this-tiny-company-worth-6b
Summary
* JIDG is a tiny Chinese MLM currently worth 6 Billion dollars.
* Its huge market cap has attracted widespread media attention this week, including an article at Forbes.
* JIDG appears to… Read more
Green Technology Solutions: Throwing Shareholders Under The Bus Again And Again
http://seekingalpha.com/article/3213706-green-technology-solutions-throwing-shareholders-under-the-bus-again-and-again
Summary
* GTSO has breached its fiduciary duty to shareholders over and over again.
* The company’s stock went through three reverse splits in five years.
* While shareholders were wiped out, the holders… Read more
Interactive Multi-Media Auction: A Pump-And-Dump In Full Swing
http://seekingalpha.com/article/3152456-interactive-multi-media-auction-a-pump-and-dump-in-full-swing
Summary
* IMMA seems to consist solely of plans, but no means to implement them.
* The company only ever had one director, no employees and ZERO cash.
* The company’s website is a… Read more
Valmie Resources: Two Guys, One Drone And A 150M Market Cap
http://seekingalpha.com/article/3094096-valmie-resources-two-guys-one-drone-and-a-150m-market-cap
(for Seeking Alpha Pro subscribers only)
Summary
* Stock promoters have pumped VMRI to a 150 million market cap;
* Yet the company has only 2 workers, 5k in cash and 350k in liabilities;… Read more