While we enjoyed the hours of amusement formerly micro-cap company Cynk Technology (CYNK, with Mr. Marlon L. Sanchez serving as President, CEO, CFO, Secretary, Treasurer & CAO) provided us today, we must sadly conclude that the company is nothing but a fraud. And it is nothing short of a testament to just how broken this excuse for a market is that a company with no assets, no revenues, no website, and one employee can go from zero value to nearly $5 billion in market cap in a few days, adding 150%, or over $2 billion in market cap today alone.
That said, the question always is: who is next. Who is the company that is as big a fraud as CYNK and will generate as great a profit in as short a time. For the easiest possible answer we simply found out who the company's "auditor" is (that would be Messineo & Co, CPA LLC located at the following address) and then we figured out which other companies also use this auditor for their own fraudulent purposes.
The full list is below.
Our advice? Considering what a shitshow this "market" has become, you should take out a 3rd mortgage on your house, coupled with a 1st lien on your first-born, and use those proceeds along with emptying your bank account and maxing out your credit card at your local ATM, and to purchase an equal-weighed basket of the following fraudcaps. After all, they are guaranteed by Janet Yellen, who remember said the stock market is fairly valued, to go up by at least 150% in the next few days.
And since there are always confused idiots out there, the above advice is clearly solely for entertainment purposes and is not meant to be followed. Unless one is Jamie Dimon or Lloyd Blankfein. Then please knock yourselves out.