GroGenesis, Inc. (fka GROG)

[empire trader]

GroGenesis, Inc.: Why This Promoted $70 Million Company Could Drop 70%+
Apr. 14, 2015 10:37 AM • GROG
Summary
There is a stock promotional landing page out there http://freegrogreport.com/.
40,000,000 Free Trading Shares that could be dumped into the Stock Promotion.
Capital Financial Media promotions typically perform terribly.
GroGenesis. (OTC:GROG) is a name that I believe is currently the target of a penny stock promotion scheme. It is my view that the stock's intrinsic value is somewhere near $0, and it is with conviction that I recommend that any investors currently in the name sell the entirety of their stakes immediately. I also believe that GroGenesis. is a stock definitely worth shorting. My track record of identifying and publicly exposing such highly overvalued equities is excellent:
Little Revenue. Debts. No Business. Bright Future?
As is usually the case with these types of hyped-up scams, it takes only one quick glance at the balance sheet to realize that the $70M market capitalization that this equity commands is beyond ludicrous. With $20,806 in current assets and $271,830 in current liabilities. It's my suspicion that the purpose of this company is not to succeed, but to sell stock. The recent volume is due to overly bullish promotional mailers.