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Re: PennySheik post# 29636

Saturday, 07/19/2014 4:01:37 PM

Saturday, July 19, 2014 4:01:37 PM

Post# of 56344
It costs something to promote your company with all those promotional sites...No company can operate with zero revenue...every single promo site, charges something...

Believe it or not, but it's not free to advertise and promote your company with a promotional company...These promo companies pump your stock over many different avenues and they do nothing for free...

Some of them claim to be not compensated but that's a lie...no promo company advertises a company for nothing in return...It's like any other business, it charges for it's services in some way...even not for profit companies charge for services they offer.

Not to mention without a doubt Farid solicited this company to advertise and promote vper...Research how penny stock promoters do their thing...There is a a vast amount of information easily found using a quick web search

A stock promoter is someone who promotes a stock, either to sell it as part of an IPO, or to persuade others to purchase in the secondary market so that its price goes up. This is often done as part of a market manipulation scheme known as pump and dump where the price is artificially driven higher so that promotor can sell their own shares at a profit. This is considered securities fraud and illegal in most jurisdictions.

Stock promoters first relied on cold calling prospective investors to acquire stock in a company, and then later moved on to using the Internet, which provides for a much more efficient method of promoting a stock to a wider audience.

Usually, stock promoters promote penny stocks because of the difficulty in finding information on these companies as they are normally listed on the OTC Bulletin Board or Pink Sheets, which do not require that companies provide as much financial information as other exchanges, such as the NYSE.[1][2]



http://en.wikipedia.org/wiki/Stock_promoter

Penny stock promoters make sure to attach a disclaimer to their email, Twitter, or Facebook page, and take advantage of this language to embellish and deceive.

Penny stocks and their promoters also tend to stay one step ahead of securities regulators, though just last month the Securities and Exchange Commission charged a Florida-based firm, First Resource Group LLC, with penny-stock manipulation. Read more: Simple rule: Don’t buy a penny stock.

Even with these clear dangers, some people insist on trading the pennies. So, if you find yourself on the receiving end of a telephone call from a penny-stock promoter, or you spot an advertisement that promises dollars from your pennies — and you still decide that maybe penny stocks aren’t wooden nickels, just remember these 10 rules:[/quote

]http://michaelsincere.com/10-ways-to-trade-penny-stocks/


Just my opinion