CYNK Technologies

  • 15 Aug 2014 at 4:52 PM

Cynk Technology Had An Auditor

Two, actually! And a lawyer. And it wasn’t the only high-flying penny stock said accountants and said attorney have worked for. Go figure. Read more »

  • 28 Jul 2014 at 3:45 PM

Cynk Short-Sellers Screwed Again

So why isn’t Cynk worthless again, as it was before Belize’s hottest stock was briefly worth $6 billion? Probably has something to do with Tom Laresca and other benighted short-sellers having to buy the thing they knew was a scam to cover their shorts. Read more »

  • 24 Jul 2014 at 4:51 PM

There’s Something Else Cynk Doesn’t Have

It’s got no revenue, no assets, no members and no tradeable stocks (until tomorrow, anyway). But at least the “social network” had an address. Sure, it was an address in Belize, which is shady enough. But Cynk will do you one better: It has a fake address in Belize. Read more »

  • 11 Jul 2014 at 4:45 PM

SEC, FINRA Halt CYNK Freefall At 33%

You can’t trade the revenue-less, asset-less, member-less social network for two weeks, because, well, you know. Read more »

“The market” can. Well, a market. And that price is somewhere north of $4 billion, whether those introductions are imaginary or not.

Obviously, the odyssey of CYNK Technology, the company with no assets and no revenues but with a 24,000% return over the last few weeks—which is great for whoever owns the 100,000 shares (out of nearly 300 million “outstanding”) that changed hands yesterday—has captivated the internet this week. But what do we really know about what seems to be one of the more obvious pump-and-dumps of all time? Read more »