If you are by some reason interested in the stock of The Digital Development Group Corp. (OTC:DIDG), then you might have noticed that it has just started being pumped as a paid advertising email full of highly doubtful bits and pieces of information spread like wildfire earlier today. Before making a decision to trade with DIDG stock today, you would be better off reading through the lines below.
As it seems, a third party known by the name of Belmont Group Ltd. has paid $23 thousand to a promoter called TraderTV in a classical attempt to earn some bucks at traders’ expense. How? By painting a rosy picture of the company aimed to deceive traders into buying DIDG stock without being aware of the real situation about the company itself.
The promotional email showcases DIDG as a newly listed enterprise poised to become the next biggest online entertainment provider sooner rather than later. What it fails to inform you, however, is the fact that the company is by no means a newly listed one. On the contrary, this is an old face with a new disguise. Indeed, what is presently known as The Digital Development Group Corp. was formerly called Regency Resources, Inc. – an entity focused on acquiring and developing mineral properties which, after wasting five years of dismal existence lacking positive results, suddenly merged with a company known as Digitally Distributed Acquisition Corporation to form ‘a development stage company aiming to offer an in-depth portfolio of content for the fast growing Internet TV sector.’
Don’t get your hopes up, though. The new company still has no assets whatsoever, which is why pretty much all of the statements mentioned in the pumping message sound like mere speculation and wishful thinking. Plus, according to past financials, managers’ efforts to acquire commercially viable sites have so far suffered a total failure. In this respect, there is practically no reason to expect that these same people will outdo themselves right now. The initiators of the present pumping campaign know this very well and would be glad to get rid of their DIDG shares once regular investors buy into the promotion and let themselves sink deep.
In conclusion, investors are strongly advised to keep their eyes off this promotional scam and focus their attention to stocks that do not fall into wicked promotional circles.
