InCapta Inc (INCT)

[stockmavin]

Look through the pink sheets and you will find many dark stocks (deregistered) that are not registered companies, no company attached yet still trade. It is nothing unusual at all and those types of companies are hyped daily on places like this to help individual bag holders and big bag holders like GGI dump shares on uneducated buyers. Any company coming wanting to RM into this or any deregistered stock (shell) will RS the heck out of it. No company will want a shell with 424,605,279 OS.

Here is some more information. This is from the SEC website:

Defunct Company, Stock Continues to Trade
Even when a company is no longer in business, there may still be active trading in its stock. This is because companies that are no longer operating may still have outstanding registered stock, which can be traded until the company has the shares deregistered or the stock's registration is revoked. The SEC does not have a rule that prohibits the trading of stock once a company becomes defunct because it does not want to forbid transactions between willing buyers and sellers, including those holding shares in defunct companies.