Blackout Media Corp (PINK:BKMP) stock lives up to the company’s name. After the initial blackout in July 2007 it has stayed in financial come since. Trading at 0.0001 it has never moved up in 2.5 years.
Why would we bring up such an “amazing” penny stock vegetable? Well, people are talking about their scummy business on forums and we though it might serve as a good example.
There are 81.8 billion shares outstanding with an unlimited number of authorized ones. The company has been investigated by the SEC and its president Sandy Winick is probably doing time right now.
The SEC investigation report perfectly depicts how the cheapest stocks are such not without reason.