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Market Top? Meet The $1 Billion Company With Zero Revenues
Submitted by Tim Price via Sovereign Man blog,
Lord Overstone said it best. “No warning can save people determined to grow suddenly rich.”
Case in point - CYNK Technology Corp, a listed company that as of this morning has a market capitalization in excess of $1 BILLION.
According to official filings, the social media development company had one employee, no website, no revenue, no product, and no assets.
What has effectively united this company with prudent investors is today’s central banker.
Andy Haldane, the chief economist for the Bank of England, conceded last week that ultra-accommodative monetary policy had “aided and abetted risk-taking” by investors.
But to the central bank, it was worth using higher asset prices to stimulate the economy:
“That is how [monetary policy] is meant to work. That’s why we did it.”
Central bankers, of course, will not be held accountable when the crash finally hits, even if the accumulated dry tinder of the boom was almost entirely of their own creation.
Last week the Bank for International Settlements, the central banker for central banks, issued an altogether more circumspect analysis of the world’s current financial situation, in their annual report.
It concluded with an entirely welcome sense of caution against monetary policy’s “diminished effectiveness and side effects.”
Translation: ZIRP (Zero Interest Rate Policy – and in the case of the European Central Bank, which has taken rates negative, NIRP) is no longer working – if it ever did.
Hyper-aggressive monetary policy has side effects. Getting out of this mess is not going to be easy, and it’s going to be messy.
In an interview with fund manager John Hussman, Professor Robert Shiller summed up the situation in the markets right now:
“I am definitely concerned. When was [the cyclically adjusted P/E ratio or CAPE] higher than it is now? I can tell you: 1929, 2000 and 2007.”
And Hussman:
“The central thesis among investors at present is that they have no other choice but to hold stocks, given the alternative of zero short-term interest rates and long-term interest rates well below the level of recent decades…”
“Investment decisions driven primarily by the question ‘What other choice do I have?’ are likely to prove regrettable. What we now have is a market that has been driven to one of the four most extreme points of overvaluation in history. We know how three of them ended.”
If one chooses to invest at all, invest on the basis of valuation. Pay money. Take choice.
As an example of the sort of valuations currently available away from the herd, consider the following. You can buy the US S&P 500 index today with the following metrics:
Price / earnings: 18.2
Price / book: 2.76
Dividend yield: 1.89%
Meanwhile, Greg Fisher in his Halley Asian Prosperity Fund (which is currently closed) is buying quality businesses throughout Asia on far more attractive valuations:
Average price / earnings: 7
Average price / book: 0.8
Average dividend yield: 4.5%.
But the realistic prospect of growth is also on the table. The fund’s average historic return on equity stands at 15%.
The conclusion seems clear to us.
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Stock market investing is for those who cannot create wealth. Which, unfortunately, is most of us.
Dime a dozen
Zillow no earnings 5 bill market cap
Talk about undervalued!
“But the most absurd and preposterous of all, and which showed, more completely than any other, the utter madness of the people, was one started by an unknown adventurer, entitled “A company for carrying on a undertaking of great advantage, but no body to know what it is.” Were it not the fact stated by scores of credible witnesses, it would be impossible to believe that any person could have been duped by such a project. ……. Crowds of people beset his door, and when he shut up at three o’clock, he found that no less than 1000 shares had been subscribed for, and the deposits paid. He was philosopher enough to be contented with his venture, and set off the same evening for the continent. He was never heard of again.” - Charles Mackay writing about the South Sea Bubble in Extaordinary Popular Delusions and the Madness of Crowds. – 1841.
Talk about stunning....
Here's a Progressive's take on money.
Mint all you want, just don't make any debt so then are we talking about and ......
http://www.opednews.com/Petition/Commemorate-President-Linc-by-Scott-Bak...
Revenue isn't everything. Heck, the US government just collected $1 trillion in revenue this year. Although, they did have to point a gun at your head to get it! Now tell me that government isn't just a bunch of thugs.
We did have to point a gun at someone else's head though.
Simplistic. Police, fire and maintenance departments don't pay for themselves, yet benefit everyone. The same could be said of universal healthcare.
Take your "universal" healthcare and stuff it up your ass. And you can do the same with any FEDERAL police, fire and maintenance. If I can't go down to a desk downtown and complain about how they're wasting money or how their employees are jackasses who should be fired, then they don't serve me.
There's a reason why the original federal government was strongly limited to a very few key functions. And there's a reason why the federal government does a crappier and crappier job the bigger it gets and the more functions it takes on.
Eirik Magnus Larssen hasn't answered so I will answer for him using the argument of his people: Because the children.
But in all seriousness, there is a reason that the government is not transparent. And any idiot knows why that is...WASTE, INEFFICIENCY, and FRAUD. Eirik Magnus Larssen just has his head up his self righteous ass.
The conclusion? Get outta the banking system and keep on stackin' the phyzz, bitchez!!!
Buy physical and get it in your hands.
I use BGASC because they ship next day for wires. (I used to use APMEX but BGASC is lower price at the same service). JM bullion just sat on my money for 2 weeks.
How do we know, "how much" police, fire and maintenance departments benefit everyone? Enough that they should be the fastest growing class of millionaires with pay, pensions, healthcare plans well above and beyond what private sector counterparts get? There is zero accountability in the public sector while in the private sector someone is counting and comparing every single thing that you do. Public sector hierarchies incentivize doing less because the only way that you can lose your job is with a major fuckup--if you ain't doing anything, you ain't fuckin up.
Geez, there aren't any milliionaire cops or firemen around here. In fact, we have a volunteer fire dept that doesn't even get paid.
You must be one of them Yankees.
Lordylord,
We could only dream to attain the current government's level of Thuggary, in fact I insult the cruel vicious nature of the Gov calling it Thuggary.
Hugs & Kisses
Thugs of the World.
Youse guys are always putting down the authorities. I have full faith and confidence in President Obama, Congress and the Federal Reserve. I have so much confidence, I'm gonna vote for President Obama for a 3rd consecutive term.
And stop criticising Mr Yellen, she's working her guts out trying to capitalize all them bad borrowings and stick it into your 401k.
AMZN expects to shrink its P/E from 541 to 96 in the next 5 months ... strong buy !
Well...compared to the overhead of Wal Mart it should is. They're sportin' a p/e of 5 probably on revenue of 400 billion...yet they still look like The Biggest Loser to me.
Thats funny didnt know they were valued so high and didnt have revenue. Ive been using it to find a rental and I like it.
Part Time.
John 3:16
The next momo stock?
If it's pronounced "sink" then I'd say somebody's playing a joke with this one.
Probably pronounced 'cynic'.
My thoughts exactly; what a great symbol for a social networking company! But it appears to be for real. Party like it's 1999...
The internet loves potato salad!
http://www.goodfood.com.au/good-food/food-news/kickstarter-investors-sin...
one-eyed dog sock puppet comes to mind...
"According to official filings, the social media development company had one employee, no website, no revenue, no product, and no assets."
That's it...I'm going public.
I am too. I am starting a company to investigate thinking about starting a social media strategy for making step two of the underpants gnome business model a reality.
Should make billions, and I'll start it after I get back from the Bahamas.
"That's it...I'm going public."
Me too. Stock symbol - IFU (I Fooled You.....or if you like I F***** You)
No other choice but stocks? People actually think that? The only choice has been and remains gold. Paper up or down tomorrow, it doesn't matter. Extricate your wealth from this insane asylum before it disappears.
Gold is a barbaric relic that doesn’t provide a return. /sarc
And there you have the reason why people who actually follow Islam/other religions of wisdom (rather than using them as tools for political/economic ends) are so fond of gold, because it's a store of value that does not involve usury. That's what investment returns ultimately are in a fractional reserve system, returns on debt.
It does matter. Paper up, you liquidate (sell) and buy the things that you would have to trade gold for if it is TEOTWAWKI. If you have just held gold, you could be down 30% or more. A little gold is fine, but thinking you're going to amass "great wealth" in the transfer of gold to assets is just plain fucking stupid. A few 7.62's and some good ammo is more of a safety net. Some tillable gound with a hand water pump, long term food storage, maybe. Goldbugs will die before the liquidity runs dry. Don't be wishing for a black swan event too soon, there is no near future event whereas gold will be exchanged, on a exponential basis, for hard assets. Just ain't gonna happen.
So what of the people who are well prepared, as you partially described, and have excess productive activity that they wish to store in something of stable value?
Gold is like storm windows.
Long pig-lipstick.
Said that six months ago actually. "And pigs indeed can fly." 25 billion for Jim Beam! 5 billion for a pig farm!
Somebody's more than just getting rich here.
I resemble that remark.
Now that's DOT COMing! Ponzi to the max!
That's what I think every time I hear another one of these scams. 90% of that .com stuff was a guy with a 386 desktop.
WWW.Sink.com There.
Invent a catchy social media name and IPO it. Like pets.com did in the 90's. History repeats.
Plenty of fiat drunken fund managers out there to buy.
Penny stock pump and dump. Just like what happens with most of the alternative cryptocurrencies.
This is an awesome find... someone should widely distribute this to the MSM.
In case anyone thinks this Belizian start-up has a tech heavy b/s with no revenues, listed assets (via Yahoo Finance) at 12/2012 were $49K (yesss, that's a K ) of which $45K was cash, and which eroded to $0 (zero) as of 12/2013.
Still chance to do it in the US market. IPOs are hot.
Dividend play!
ahem, CYNK is currently worth $1.5Billion. It's $500M more valuable today than yesterday.
"CYNK Technology Corp, a listed company that as of this morning has a market capitalization in excess of $1 BILLION."
I love it.
"In case anyone thinks this Belizian start-up has a tech heavy b/s with no revenues, listed assets (via Yahoo Finance) at 12/2012 were $49K (yesss, that's a K ) of which $45K was cash, and which eroded to $0 (zero) as of 12/2013."
So your saying now is the time to buy the fucking dip?
/sarcasm
Animal Spirits, FTW!!!
BTFATH! To the moon! DOW 20,000 by Christmas 2015!
Would also be interesting to have someone of a regulatory persuasion look into this one...how does a zero asset/zero revenue stock get bid up 47% in one day, and what do the bidders think they're buying?
The people buying it probably don't even know.
CALPERS?
My question is, what does the (one) employee do? Just stunning. If you were looking for a horse on its way to the glue factory, a "social media company" with no website would probably be it.
My question is, what does the (one) employee do?
guessing ...sell stawks.
Do you know how hard it is making stawks, Fuck You I worked hard getting CYNK off the ground.
Hugs from the Cancer Ward,
Jamie, (I'm richer than you) Dimond
P.S Pay no attention to DeweycheatemHowe comment below, he is a tinfoil'n truther ya know.
Not sure what role regulators have here. Are you suspecting that the company is lying about its revnue ($ 0) or assets ($ 39) or some insider trading going on? Or are you suspecting some institutions with fiduciary obligations are investing in OTC stocks?
It looks more like a handful of guys holding most of the shares are trading with each other pushing the prices up until they can offload some of them to greedy idiots who are suckers for such play. With such fundamentals as this company only players involved can be greedy gamblers. Let them gamble. What do the rest have to lose?
Can you say money launderer for wall street. They got nowhere else to go with the money except recycle it through shell company fronts like this to keep it inflated. You can't pull the money out at this point, the whole deck of cards will collapse.
Greg Fisher in his Halley Asian Prosperity Fund (which is currently closed)...
dammit i want to buy some! fuck fuck fuckedy fuck!!
Can I still get some Pets.com stock?
How about some "Value America" NAS VUSA
Value: It's in our name.
Aww! That's nothing there are biotechs that have a 10 billion marketcap with negative cash flow.
http://www.otcmarkets.com/stock/CYNK/profile
Incorporated In: NV, USA Year of Inc. 2008 Employees Not Available Company Officers/Contacts Howard Berkowitz President Brian Blaszczak Consultant Company Directors Not Available Company Notes- Formerly=Introbuzz until 7-2013
Service ProvidersAccounting/Auditing Firm
Not AvailableLegal Counsel Harold P. Gewerter, Esq. Ltd.
5536 S. Fort Apache Rd.
Suite 102
Las Vegas, NV, 89148
United States
...
Looks like this company got it's start in the gambling capital of the US. What could possibly go wrong here....
And upon further inspection
http://site.introbiz.com/
No wonder he needs a billion dollars to offset such low networking costs like $50 to talk directly to Tom Cruise. Scientologists certainly don't come that cheap and don't rub elbows with peons with no money.
And even upon further digging that $50 only buys you contact information to his booking agent, etc. What a scam....
I need to change my last name to make it sound more jewish then claim I am connected to hollywood celebs and start a social networking company selling information anyone with a pea sized brain and google (even in the EU!) could find...
Better call Saul...
Introbizz and introbuzz are the same company?
bIZZ and bUzz.
RTFW (read the fucking website), especially the small print on the bottom that says copyright 2014 CYNK Technologies Corp.
This means TWTR is worth at least $500 billion.
The one employee of CYNK Technology Corp (CYNK.PK) is:
Is he the guy that invented the "Dirty Sanchez" ?
Thanks for the "Dirty Sanchez"nasal wash, orange juice does a great job on my sinus....
Note to self: Do not drink and read at the hedge...
"According to official filings, the social media development company had one employee, no website, no revenue, no product, and no assets."
Nice work if you can get it.
35 thousand shares traded today and up over 50%..... just wait till the real volume comes in. I'm going to be rich. As long as the seec gets paid there fees they allow shit like this to go on forever
Good article.
Keep them coming.
This company is not the only exception.
It's going to be epic on the downside too!
http://seekingalpha.com/article/2274553-cynk-technology-promoters-push-m...
Downside is way less potential than upside. It is already up 10,000% but it can only go down 100%.
WOW, this smells fishy -
a) Used to be, "intraBiz' - http://www.sec.gov/Archives/edgar/data/1540160/000000000012008723/filena...
b) Meet the new CEO -
http://investing.businessweek.com/research/stocks/people/person.asp?pers...
c) Who poses as a doctor in here -
https://www.facebook.com/pages/Sanchez-Medical-Services/550787804939532
f SEC is asleep at the wheel again ...
Somebody got their information crossed since there seems to be more than one introbuzz.
http://www.bizapedia.com/nv/INTROBUZZ.html
Probably why they changed their name to CYNK. There was another introbuzz out of Nevada tied to Blaque Technologies. Not uncommon for businesses with the same name and slightly different spelling getting registered at the same time then subsequent problems later on or older businesses no longer active not filing the proper paperwork to let the state know they are no longer an active business causing problems. But Bloomberg is the pinnacle of accurate and factual unbiased financial journalism.
The one tied to Blaque Technologies is related to that SEC filing here.
http://www.sec.gov/Archives/edgar/data/1540160/000000000012008723/filena...
They are both different companies. Only one is left.
This is what happens when you have multiple companies with the same or similiar names get crossed.
It took me all of a minute using a search engine not named google to sort all this out and I don't even get paid to do this. Bloomberg really has no excuse since they get paid to do this and the peanut gallery (myself included) doesn't.
This is the social media company, whose job is creating social media buzz about itself.
The stock market is one big computerized circle jerk - without the circle.
http://www.hotstocked.com/article/87282/cynk-technology-corp-otcmkts-cyn...
Someone else is paying attention....
A couple of weeks ago, CYNK Technology Corp (OTCMKTS:CYNK, CYNK message board) absolutely exploded onto the penny stock scene. Some people on Twitter started talking about the company and, as a result investors traded more than $400 thousand worth of shares in six and a half hours. At the same time, the ticker jumped from its previous close of $0.06 and surged all the way to a mind-bending $2.25.
At that point, CYNK's market cap hovered around $660 million and when we covered the violent climb, we mentioned that the company doesn't really have what it takes to justify that sort of valuation. We weren't the only ones sharing this opinion. A Seeking Alpha article appeared a few hours after our coverage and its author (who disclosed a short position) also agreed that CYNK, with its $39 in total assets, doesn't deserve its market cap.
Plenty of people expected to see the stock tumbling down to the sub-dollar levels, but surprisingly or not, it managed to hang on. What's more, on June 23, it jumped once again and added another 90% to its value. This was followed by a crash, but the significant dollar volumes meant that a lot of people were paying attention.
That, apparently, was enough for yet another jump and yet another crash. On Monday, CYNK surged up the charts and gained a whopping 111%. It hit an all-time high of a mind-boggling $6.75 and finished the day at $6.25. Yesterday, however, it annihilated 51.36% of its value which means that it currently stands at $3.04 per share.
As you can see, the performance is absurdly inconsistent and yet, judging by the buzz around the social networks and discussion boards, some people believe that this is about to change. Is this really the case, though?
We're about to find out. But while we're waiting, we might as well take a look at the company once more and see if anything has changed.
The market cap has. Even after yesterday's crash, it stands at a ridiculous $1.2 billion. At the same time, CYNK's latest financial report is still the one covering the quarter ended March 31 and it still says that the Belize-based company has $39 in total assets.
On the bright side, their website is now working (which wasn't the case when we covered them previously). On June 27, CYNK announced that their IntroBiz portal is now back up and running and that it's been moved to a new server which is better suited to cope with the expected traffic flow. This means that we can open the website and see what CYNK's business plan is.
The home page is full of pictures of celebrities and when you click on each one of them, CYNK invite you to buy contact information. More specifically, "emails and phone numbers to the artist's talent agent, publicist, legal representative, etc.".
Considering the widespread use of Google Inc (NASDAQ:GOOG)'s powerful search engine nowadays, this revenue generation plan seems a bit strange, but, in any case, it might just work and CYNK might just be able to show us something more significant in their future reports. Until that happens, careful research and consideration of all the risks (judging by the wild swings, there's a lot of them) is absolutely essential.
Half an hour after today's opening bell, CYNK is another 10% down.
...
Apparently this guy is thinking the same things I am and I just stumbled on this article now using a search engine not named google aka duckduckgo. The only difference is I don't see this business model working at all and someone is doing something that rhymes with hump and we are on the p part, d comes next.
And voila.
http://www.hotstocked.com/article/86382/cynk-technology-corp-otcmkts-cyn...
According to the Q1 report, CYNK is a social network company, but they have yet to hire a web designer who would asses and fine tune their current website (the address of which is not mentioned anywhere). This is going to be a bit difficult considering the figures found in the aforementioned report. Here's what CYNK had on March 31:
You can see that the financials aren't really suited to a company whose current market cap stands at around $655 million. And that's not the only thing that could depress CYNK's share price.
If you read through the filings carefully, you'll see that back in August 2012, the company sold 1,086,000 free trading shares at $0.05 per share. You'll also see that in June 2013, CYNK effectuated a 75 for 1 forward split.
This means that right now, thirty unnamed investors hold 81,450,000 unrestricted shares for which they paid just $54,300. As you can see, there isn't a whole lot that could urge the said investors to cling on to their holdings.
...
I'm sure there is nothing fishy going on here and doesn't require the SEC to look into it....
I'm sure those 30 unnamed investors didn't collude to punk the HFT algos using Twitter to pump this turd for starters.
Any on here including the Admin for ZH know how the hell to stop the stupid scripts from running in the background. It's to the point where I can't even use my laptop because that script runnings non stop and takes up enourmous amounts of space and processor capicity. I think it's shockwave but I disabled it and somehow ZH resurrects it. Damn!
Any on here including the Admin for ZH know how the hell to stop the stupid scripts from running in the background. It's to the point where I can't even use my laptop because that script runnings non stop and takes up enourmous amounts of space and processor capicity. I think it's shockwave but I disabled it and somehow ZH resurrects it. Damn!
https://adblockplus.org/en/chrome
Long time FireFox/AdBlock user, but got spammed here on Z/H the other day. Sent the report to AdBlock and they fixed the problem.
Take a look at the report that was generated by AdBlock and the offending series of ads.
It's really astonishing to see all the crap that is going on behind the scenes on this, or for matter any web page.
https://reports.adblockplus.org/be97d056-641a-476e-9b2f-20643ddd41a8#tab...
Along with AdBlock you might want to consider Ghostery to block trackers.
The ultimate defense is a hosts file that immediately blocks those requests.
Don't use AdBlock, it now whiltelists ads defeating the whole purpose; there's a fork called AdBlock Edge that blocks all ads.
Also, use ghostery for FF.
hth
Not to worry - the stock gets a 35% on the Motley Fool Guru Analysis.
Funny, never could stand those Motley Fools.
May not have revenues, but it has a great ticker symbol. Is CYNK pronounced "SINK"?
It is in Vegas! This is just fucking insane. The best part is "The Company intends..." Is that all it takes to go public! Fuck all of us wasting time commenting here on ZH idiots for not thinking of this.
CYNK Technology Corp Formerly known as Introbuzz. Cynk Technology Corp., formerly Introbuzz, Inc., is a development stage-company. The Company intends to develop a social network business. Social networks are Web based services that allow individuals to post a profile and link their profile to other friends and organizations. The Company intends to develop a database of professional and other business persons, as well as other interested persons in providing and utilizing contacts. As of November 14, 2012, the Company had not generated any revenue. https://thomson.cache.wallst.com/img/dottedLine.gif); background-position: 0% 100%; background-repeat: repeat-x;">Shares Outstanding https://thomson.cache.wallst.com/img/dottedLine.gif); background-position: 0% 100%; background-repeat: repeat-x;">291.4M https://thomson.cache.wallst.com/img/dottedLine.gif); background-position: 0% 100%; background-repeat: repeat-x;">Institutional Ownership https://thomson.cache.wallst.com/img/dottedLine.gif); background-position: 0% 100%; background-repeat: repeat-x;">--% https://thomson.cache.wallst.com/img/dottedLine.gif); background-position: 0% 100%; background-repeat: repeat-x;">Market Cap https://thomson.cache.wallst.com/img/dottedLine.gif); background-position: 0% 100%; background-repeat: repeat-x;">1.0B https://thomson.cache.wallst.com/img/dottedLine.gif); background-position: 0% 100%; background-repeat: repeat-x;">Last Stock Split None https://thomson.cache.wallst.com/img/dottedLine.gif); background-position: 0% 100%; background-repeat: repeat-x;">None Marlon Luis Sanchez President, Chief Executive, Chief Financial Officer & Secretary Address: Suite 500 3960 Howard Hughes Parkway,LAS VEGAS,NEVADA 89169Sweet. Maybe I can finally swing a deal to sell that CKYS I got brutally raped on.
The wolf of wall street is at it again.
Stunned…
https://ca.finance.yahoo.com/q?s=CYNK
Up 1.45 bucks today!?
Run for the hills.
•?•
V-V
This type of move is becoming commonplace in Wall Street lately. Take a look at NEWL. It traded 100 million shares today with a range of $0.10-$0.20, that's right 10 cents to 20 cents. It had been trading at $0.50 but fell to a dime today. But that's not all. In the last year it had 4, count em 4 reverse splits. And the float?? With all the reverse splits, less than 3Million shares. So today, this stock traded the equivalent of 30 times the float. Today.
Consider this.
If you bought 100,000 shares of this stock on October 15, 2013 for $0.08 it would have cost you $8,000.00
How many shares do you think you would have 8 months later on June 19, 2014 ?
With the 4 reverse splits, (3 x 15 x 10 x 50 = 22,500) your 100,000 shares would be equal to 4.44 split adjusted shares on June 19, 2014 and at a closing price of $0.50 your $8,000.00 would now be worth $2.22
Put another way, the last price on June 19, 2014 of $0.50 split adjusted (0.50/22500) is $0.000022 per share, The trading volume of 11,414,6000 shares represents a nominal trading dollar value of $251.10 split adjusted.
Fortunately somebody over at Nasdaq put some new batteries in one of their calculators and figured this out and halted trading in the stock. But after a few days it's open again.
http://finance.yahoo.com/q/hp?s=NEWL+Historical+Prices
Last week, CAMT traded an average of 100K shares per day. Today 7/7/14 the stock of CAMT traded 20 Million shares at 5.02 1.82 (56.87%) on some lame news. All you will hear from the MSM, the SEC and all the other clueless reporters would be something like this. "Investors piled into CAMT today, on heavy volume." No one mentions it's 200 times the normal volume. You just have to ask yourself how any sane person can justify these volumes and percentage price moves, that is unless you factor in the HFT Tractor Beam. CAMT's float? 13Million shares, so it traded the equivalent of 150% of the float. Today.
http://finance.yahoo.com/q/hp?a=&b=&c=&d=6&e=8&f=2014&g=d&s=camt&ql=1
.
CYNK or Swim !
More like Drown
CYNK is a simple penny stock pump and dump using paid promoters. In a way you can't blame them, even Amazon at 150b cap hardly has profits, why wouldn't someone else want to get in on the game..
When my wife suggested I should use my knowledge to create my own securities fraud, I told her that doing the securities fraud is the easy part, it's not going to jail that is the hard part. For that, you need connections.
CYNK IS UP 100% since this acrticle was posted!
the Chinese are all over Belize
LOL...so not only has the company value gone full retard, what they "sell" is full throttle retard:
Company Overview
Cynk Technology Corp., a development stage company, focuses on operating a social network. Its social network is based on showing the types of people the user is connected with and associated. The company intends to serve seekers, who want to meet people; mavens, who know a lot of people; and targets, who are people that other people want to meet.