Tanke, Inc. (TNKE)

[Cassandra]

B/A spread of $.0046 x $.0035 indicates severe illiquidity. One can't sell for anywhere near the price to buy.

Trading in TNKE stock was inactive for years until a few months after Evotech Capital SA (Basilio Chen, Martin Nielson, Abraham Cinta, etc.) obtained 2/3 of the shares outstanding in mid 2013. In late 2013 and early 2014 they did some tiny trades to establish a ridiculous price then manipulating it up in Feb on very low volume. Tanke COO Nick Balomenos is an Evotech employee.

In March through May they pumped it like crazy with numerous paid promotions dumping their shares into the float. It's been a downward slide since then. See the chart. TNKE was/is nothing but a pump and dump. Those familiar with the history of Chen, Nielson and gang will steer clear of the stock.

A list of a few of the promotions: http://99wallstreet.com/new/discussion/topic/9579/hot/

Trades and spread on 9/17/14: