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Full List Of Companies "Audited" By CYNK's Public Auditor

Tyler Durden's picture




 

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.

 

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Wed, 07/09/2014 - 16:39 | 4940871 idea_hamster
idea_hamster's picture

CYNK, with Mr. Marlon L. Sanchez serving as President, CEO, CFO, Secretary, Treasurer & CAO

The original "dirty sanchez"!

Wed, 07/09/2014 - 16:42 | 4940886 Arrowflinger
Arrowflinger's picture

Well, at least it can't be said that one hand doesn't know what the other hand is doing.

Wed, 07/09/2014 - 16:58 | 4940937 Boris Alatovkrap
Boris Alatovkrap's picture

You are to be certain that one hand of Mr. Sanchez is plenty busy.

Wed, 07/09/2014 - 17:30 | 4941018 AlaricBalth
AlaricBalth's picture

Interesting Bio.

MARLON L. SANCHEZ was elected as a member of of the Board of Directors on April 17, 2013. On April 18, 2013 he was appointed as Chief Executive Officer, President, Secretary, Chief Financial Officer and a director of Introbuzz, Inc. From 2002 to present, Mr. Sanchez has been a Partner in Sanchez Medical Services, which provides comprehensive medical services to the Southern California market. Mr. Sanchez's responsibilities include direct oversight of administrative operations. Sanchez Medical Services also has a division dedicated to the ever growing Medical Tourism Industry. Mr. Sanchez is the primary spokesperson for the Medical Tourism Industry council in Tijuana,Mexico. Mr. Sanchez is a graduate of San Diego State University with a degree in Business Administration Marketing. Mr. Sanchez has not held directorship during the past five years in any other publicly traded company.

However, there is no Medical Tourism Industry Council in Tijauna, Mexico and there is one Sanchez Medical Services in Chula Vista, Southern California. Yet after a quick call, the numbers do not work and the former listed Dr. Sergio Quinones has never heard of Marlon Sanchez.

https://www.facebook.com/pages/Sanchez-Medical-Services/550787804939532

Wed, 07/09/2014 - 17:31 | 4941023 wallstreetapost...
wallstreetaposteriori's picture

So we should buy everyone of these companies and wait for "their" pop?....

Wed, 07/09/2014 - 17:44 | 4941077 AlaricBalth
AlaricBalth's picture
And CYNK Technology Corp's 2011 and 2012 auditor, Peter Messineo, CPA,  was sanctioned by the Public Company Accounting Oversight Board for "deficiencies identified in both of the audits reviewed included deficiencies of such significance that it appeared to the inspection team that the Firm, at the time it issued its audit report, had not obtained sufficient competent evidential matter to support its opinion on the issuer's financial statements."

http://pcaobus.org/Inspections/Reports/Documents/2012_Peter_Messineo_CPA...
http://www.sec.gov/Archives/edgar/data/1540160/000116552713000039/ex16-1...
 
Wed, 07/09/2014 - 17:51 | 4941094 thamnosma
thamnosma's picture

Nice find.  Seems to be paying for his Florida lifestyle, for now.  Impressive offices.

Thu, 07/10/2014 - 12:06 | 4943619 hankwil74
hankwil74's picture

What is there to misstate?! Their official filings say no revenue and no assets.

Wed, 07/09/2014 - 17:32 | 4941025 NotApplicable
NotApplicable's picture

I'm just going to have to guess this is one big CIA money-laundering scheme.

Wed, 07/09/2014 - 17:03 | 4940952 Ying-Yang
Ying-Yang's picture

LMAO

Stark Naked Bobbers?

 

Wed, 07/09/2014 - 17:09 | 4940969 ebworthen
ebworthen's picture

Yeah, and "I in the Sky" and "Energizer Tennis".  WTF?

I'm surprised "Pig in a Poke LLC" and "Three Card Monti Inc." are not on the list.

Wed, 07/09/2014 - 17:42 | 4941069 Pool Shark
Pool Shark's picture

 

 

Your disparaging comments have been duly noted by Mr. Sanchez' legal representatives: Dewey, Cheatham & Howe.

 

 

Wed, 07/09/2014 - 17:53 | 4941099 dracos_ghost
dracos_ghost's picture

Actually, I have heard the board can't come to a consensus.

Wed, 07/09/2014 - 17:59 | 4941128 FL_Conservative
FL_Conservative's picture

But I bet they have quite the employee Christmas party.

Fri, 07/11/2014 - 15:50 | 4948086 sof_hannibal
sof_hannibal's picture

sputnik enterprises... sounds like an offshoot of McKULTRA Holdings Corps, subsidery of Air America, LLC...

Wed, 07/09/2014 - 16:52 | 4940922 max2205
max2205's picture

Tyler got the dawg on for this Co

Wed, 07/09/2014 - 16:59 | 4940945 Boris Alatovkrap
Boris Alatovkrap's picture

Always remember, greater fool. Lesser fool is sell quickly and making for large monies!

Wed, 07/09/2014 - 18:27 | 4941189 Boris Alatovkrap
Boris Alatovkrap's picture

Corollary to "There are Greater Fool" Theory is "Slight Lesser Fool is Make Very Rich" Theory. This is augment of "Use of thick rubber glove when voltage differential is not know" Theory.

Wed, 07/09/2014 - 17:39 | 4941062 Berspankme
Berspankme's picture

Heard a rumor that Cramer is going to IPO his coke dealer. Dude is profitable

Thu, 07/10/2014 - 16:50 | 4944912 Dr. Kenneth Noi...
Wed, 07/09/2014 - 16:40 | 4940874 Arrowflinger
Arrowflinger's picture

The Ultimate Triumph of FASB 157.

Somewhere over the rainbow, those financials are true.

Wed, 07/09/2014 - 16:44 | 4940892 Skateboarder
Skateboarder's picture

Rainbow Coral Corp says "yes."

Wed, 07/09/2014 - 16:57 | 4940936 Arrowflinger
Arrowflinger's picture

Everything in the mah-ket is marked to farce kit.

Wed, 07/09/2014 - 17:02 | 4940955 Boris Alatovkrap
Boris Alatovkrap's picture

Maybe Congress is hire Messineo & Co. for auditing of Federal Reserve and Fort Know gold repository...!?

Wed, 07/09/2014 - 17:58 | 4941121 Four chan
Four chan's picture

maybe Messineo & Co learned how to devide by zero?

Wed, 07/09/2014 - 18:01 | 4941136 Karl von Bahnhof
Karl von Bahnhof's picture

Boris, you mistake!

Correct name is "Fort Dontknow" gold reserve depsitory. Dude.

Thu, 07/10/2014 - 13:55 | 4944182 taketheredpill
taketheredpill's picture

 

 

Our mission is to become a leading biotech research and dvelopment...or just grow coral for aquariums.

Wed, 07/09/2014 - 16:40 | 4940879 konputa
konputa's picture

The grave site in that front yard is a nice touch.

Wed, 07/09/2014 - 16:41 | 4940880 Jack Sheet
Jack Sheet's picture

Me, I'll shoot my whole wad on "Stark Naked Bobbers"

Wed, 07/09/2014 - 16:45 | 4940897 Tinky
Tinky's picture

so to speak...

Wed, 07/09/2014 - 16:46 | 4940898 konputa
konputa's picture

Reelin' them in 1 at a time...

Wed, 07/09/2014 - 16:55 | 4940930 TheFourthStooge-ing
TheFourthStooge-ing's picture

.

Me, I'll shoot my whole wad on "Stark Naked Bobbers"

Yeah, I was thinking the same thing and then I saw Sunchip Technologies right after it, which must be a sure thing. It sounds like they have expertise in both solar energy and junk food snacks. That has 'winner' written all over it.

I'm selling all my PMs and putting half in Sun Chips and the other half in Stark Naked Boobies. I'll see you guys on Easy Street.

Wed, 07/09/2014 - 21:24 | 4941705 o2sd
o2sd's picture

Me, I am going for First Xeris Corp. Why you say?

1. They are the first Xeris corporation ever listed. First mover advantage.

2. The stock is trading at two pennies, so maximum downside risk is probably 50%, but upside potential is in the stratosphere.

3. They have a business and marketing plan, or at least, they plan to create one.[*]

* http://www.reuters.com/finance/stocks/FXER.OB/key-developments/article/3...

 

Wed, 07/09/2014 - 16:42 | 4940884 FuzzyDunlop21
FuzzyDunlop21's picture

I'll have whatever Stark Naked Bobbers is selling

Wed, 07/09/2014 - 17:32 | 4941033 NotApplicable
NotApplicable's picture

I was going to Google it, but then remembered I was at work.

Wed, 07/09/2014 - 17:35 | 4941046 HoleInTheDonut
HoleInTheDonut's picture

Motorcycle modding kits - see http://www.starknakedbobbers.com/

Google search comes up with this: http://www.nasdaq.com/markets/ipos/company/stark-naked-bobbers-920806-74... (info on the IPO), here's the good part: Employees (as of 6/5/2014)  1

 

Wed, 07/09/2014 - 16:43 | 4940887 Black Forest
Black Forest's picture

Nice names. But what does "Sector 5" mean?

Wed, 07/09/2014 - 16:47 | 4940906 Tulpa
Tulpa's picture

I thought it was a branch of Starfleet Intelligence, but actually it's a company that makes iPhone cases.

Wed, 07/09/2014 - 16:49 | 4940913 NOTaREALmerican
NOTaREALmerican's picture

Ask "I in the Sky", but don't tell them I told you.

Tue, 08/19/2014 - 12:52 | 5115016 earnulf
earnulf's picture

They are two levels below Sector 7, which in "transformers" is not supposed to exist.

Wed, 07/09/2014 - 16:45 | 4940893 Yen Cross
Yen Cross's picture

  Who underwrote the fucking thing?  Boiler-Rooms-"R"-Us?

Fri, 07/11/2014 - 15:53 | 4948097 sof_hannibal
sof_hannibal's picture

JT Marlin

Wed, 07/09/2014 - 16:44 | 4940894 Tulpa
Tulpa's picture

I don't see how CYNK could be considered a "fraud".  There's no reason to think they're being dishonest about anything in their filings.

Sure it's a stupid buy and a CYNK-hole for investment, but fraud implies active deceit.

Wed, 07/09/2014 - 16:46 | 4940902 NOTaREALmerican
NOTaREALmerican's picture

Ok,  `fess-up, you're the single employee, right?

Wed, 07/09/2014 - 16:48 | 4940911 Tulpa
Tulpa's picture

I wish!  I'd love to put on my resume that I single-handedly created $5B of stock value.

Wed, 07/09/2014 - 17:23 | 4941004 jcaz
jcaz's picture

Yeah, too bad Sanchez will be telling that to his cellmates....  Wake up, every company on this list is bogus. 

Wed, 07/09/2014 - 17:34 | 4941040 NotApplicable
NotApplicable's picture

Oh hush. I'm sure they're all respectable shell companies.

Thu, 07/10/2014 - 13:58 | 4944192 taketheredpill
taketheredpill's picture

 

 

What about QTMM?

Fri, 07/11/2014 - 15:56 | 4948114 sof_hannibal
sof_hannibal's picture

You could always add these to your linkedin:

JEDI LP (The Joint Energy Development Investment LP).

Kenobe Inc and Obi-1 Holdings LLC.

Chewco, INC in particular, specializing in manoeuvres to obscure the debts of the parent company.

and sputnik enterprises

Wed, 07/09/2014 - 16:45 | 4940899 Quantum Nucleonics
Quantum Nucleonics's picture

This doesn't seem to be a case of dishonest accounting and auditing, after all, the company is telling you right up front that that have $39 in cash, no revenue, no products, and no assets of any value.  It's the SEC letting someone market a public company with the "social media" tag line that bears the blame.

 

Wed, 07/09/2014 - 16:49 | 4940915 Tulpa
Tulpa's picture

It's not the SEC's job to protect stupid investors who don't read the company's filings.

Wed, 07/09/2014 - 16:46 | 4940901 Mentaliusanything
Mentaliusanything's picture

OTC - Over the counter = Bucket shop

Bucket shop= the Dead or the Terminal.

better profit in lighting cigars with C notes

Wed, 07/09/2014 - 16:47 | 4940904 Jlasoon
Jlasoon's picture

Come on, you know you want some Red Giant Entertainment.  

Wed, 07/09/2014 - 16:55 | 4940926 Mi Naem
Mi Naem's picture

Well, if you do, you're out of luck. 

I wanted to find out who they were and went to http://www.redgiantentertainment.com/

and got

Server not found

Firefox can't find the server at www.redgiantentertainment.com.

    Check the address for typing errors such as ww.example.com instead of www.example.com
    If you are unable to load any pages, check your computer's network connection.
    If your computer or network is protected by a firewall or proxy, make sure that Firefox is permitted to access the Web.

*****

However, they do seem to have a FarceBark page with about 3500 licks. 

Wed, 07/09/2014 - 17:02 | 4940949 rtalcott
rtalcott's picture

Worked for me....comic books.

Wed, 07/09/2014 - 17:43 | 4941072 Ralph Spoilsport
Ralph Spoilsport's picture

"Traders beware! The next big pump on the market is Red Giant Entertainment Inc (REDG) which is currently the object of a $500 thousand promotion led by the websites of Victory Mark Affiliates."

 

http://stockreich.com/red-giant-entertainment-inc-redg-is-the-next-big-p...

Wed, 07/09/2014 - 18:07 | 4941152 Mi Naem
Mi Naem's picture

Thanks for the tip! This is gonna be great! 

I'm all in, bettin' the kids' college tuition. 

https://www.youtube.com/watch?v=arZdeg_fL-I

Wed, 07/09/2014 - 16:47 | 4940907 IANAE
IANAE's picture

makes sense, a multi-billion dollar market cap firm has a CPA that works out of a residence...  after all, with only one employee (and no revenues, debt, etc). how complicated could it be to reckon the accounts?

Wed, 07/09/2014 - 16:47 | 4940909 hegemony
hegemony's picture

lumber liquidators(LL)   tractor supply(TSCO) GREAT NEWS AS THE ECONOMY JUST HUMS ALONG. Oh and the futures are UP after hours. I might be going insane, that's assuming I'm not already there.

Wed, 07/09/2014 - 16:49 | 4940912 delivered
delivered's picture

Did a quick search of five of these companies on Yahoo Finance. All penny stocks with market caps of less than $5 million, no volume, no information, yadda, yadda, yadda. You get the idea. A CPA firm manufacturing public shell companies for god knows what future uses. One company was in the cannabis industry, another in gold, another in solar I believe, etc. 

The only advice I have for this firm is to change it's name to Dewey, Fixum, and Howe. Would be a better message to deliver to the market regarding their business strategy/plan. 

Wed, 07/09/2014 - 16:53 | 4940923 Tulpa
Tulpa's picture

Probably a masked superhero billionaire trying to protect his secret identity while he spends his night fighting criminals in the streets.   Leave this one alone, ZH.

Wed, 07/09/2014 - 16:50 | 4940917 Mi Naem
Mi Naem's picture

The critique here makes no sense:

Why should CYNK pay more for a fake audit than it has to? 

Big companies have to hire big firms like Toilet & Douche, and pay big bucks for a fake audit. 

Wed, 07/09/2014 - 16:50 | 4940921 Yen Cross
Yen Cross's picture

  Those Nigerians are getting pretty sneaky...

Wed, 07/09/2014 - 16:53 | 4940924 LFMayor
LFMayor's picture

Isn't this the same shit they pull with accredation in the circles and currents of the Ivory Towers of Edumacation?  I cite your malthusian masturbatory fantasy where "using" earthlings are punished by a reluctant earth-mother writhing in pain, you cite mine that extolls the socio-luddite paradise being heralded by the unshorn sisters of the manpocolypse and all of sudden we're both in the big game, with funding, cocktail invites and rubbing elbows with the graying hipsters in the "correct" circles.

Goddamn, I can't wait for the wall outlets to stop working.  May the cleansing fires burn, and burn and burn.

Wed, 07/09/2014 - 16:58 | 4940940 hegemony
hegemony's picture

Lumber liquidatore....CEO Robert Lynch: "Customer traffic to our stores was significantly weaker than we expected, particularly in geographic areas severely impacted by the unusually harsh weather in the first quarter ... Our reduced customer traffic has coincided with certain weak macroeconomic trends related to residential remodeling, including existing home sales."

 

Tractor supply company.....The Company expects gross margin rate for the second quarter to be flat to prior year, as increased transportation costs and the impact of slightly more promotional activity offset the favorable impact of our initiatives and deflation. Additionally, the lower than anticipated comparable store sales are expected to result in higher than anticipated SG&A expenses as a percent of net sales

Home Depot and Lowes down 2% after hours and FUTURES STILL HIGHER

Wed, 07/09/2014 - 16:59 | 4940942 luckylogger
luckylogger's picture

Hey you'll can get in on the ground floor with stark naked bobbers, better calll your broker cause its gonna be hot...

http://www.nasdaq.com/markets/ipos/company/stark-naked-bobbers-920806-74038


Wed, 07/09/2014 - 17:12 | 4940975 NOZZLE
NOZZLE's picture

CYNK???, the founder has "THIEF" tattooed on his forehead and no one is paying attention.

Wed, 07/09/2014 - 17:15 | 4940984 discopimp
discopimp's picture

Tyler are you gettin some ZH oldings Group ??

Wed, 07/09/2014 - 17:16 | 4940985 cooperbry
cooperbry's picture

He's a dirty Sanchez...

Wed, 07/09/2014 - 17:41 | 4941063 Mi Naem
Mi Naem's picture

"dirty Sanchez..." 

There's one I had to look up.  Wish I hadn't. 

What kinda people think of this stuff?!?

Wed, 07/09/2014 - 17:22 | 4941001 buzzsaw99
buzzsaw99's picture

how long can it take to audit a company WITH ZERO FREAKING REVENUE?

Wed, 07/09/2014 - 17:38 | 4941054 Luckhasit
Luckhasit's picture

"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"

Shots fired, shots fired!

Ironically, that's excatly what you should do.  The bad part is, I have the feeling that once you do, is when it's going to unravel. 

They want that pension money, badly.

Wed, 07/09/2014 - 17:37 | 4941055 sof_hannibal
sof_hannibal's picture

I wonder if they're hiring?

Wed, 07/09/2014 - 17:38 | 4941057 orangegeek
orangegeek's picture

Funny - PCOAB auditors for OTC is a small network.

 

This looks like money laundering.

 

Call HSBC - they'll know for sure.

Wed, 07/09/2014 - 17:50 | 4941087 Mi Naem
Mi Naem's picture

BTW, the Messineo & Co, CPA LLC link to http://www.getfilings.com/sec-filings/130111/Introbuzz_8-K/ex16-1.txt shows that "Peter Messineo, Certified Public Accountant" is their "FORMER AUDITOR -" from at least "January 11, 2013".  Reading the statement provided I can see why:

We have read the statements included in the Form 8-K dated January 10, 2013, Introbuzz, to be filed with the Securities and Exchange Commission and are in agreement with the statements contained in Item 4.01 insofar as they relate to our decline to stand for re-appointment and our audits for December 31, 2011 and 2010 and any subsequent interim period through the date of decline to stand for re-appointment.
I'm not a CPA or anything like that, but isn't that way worse than the usual horsecrap? 
Wed, 07/09/2014 - 17:52 | 4941095 thamnosma
thamnosma's picture

So is it too late for me to "invest"?

Wed, 07/09/2014 - 17:58 | 4941117 thamnosma
thamnosma's picture

I just picked the first one on the OTC -- American Commerce Solutions.   The hits just keep on coming:

http://aacssymbol.com/

Here's an excerpt from the President's "Letter"

"For many reasons American Commerce Solutions, Inc. has not been able to implement its business plan effectively. It is not due to lack of effort! We have entered into negotiations time and again for potential mergers and acquisitions. We have had some successes and some failures, but all along the way we have been diligent. We are building every day on our plans. We are confident that perseverance, hard work, dedication and opportunity eventually come together to produce success. Success is a measurement that each must define by his own circumstance, but represents achievement, accomplishment, victory or triumph."

Well, what exactly does American Commerce Solutions do?   The welding sector?

"Common industry growth will expand the opportunities of the machine and welding sector by adding specific recurring revenue production products. We will be considering and promoting joint venture relationships which will stabilize and grow the revenue stream. It is anticipated that some acquisitions may begin with joint ventures and expand from there. During the time of creating awareness, it is our hope that those of you who have held firm in your expectations for AACS will now recognize that these efforts will be geared to return lost share value to AACS common stock."

Wed, 07/09/2014 - 18:02 | 4941139 overexposed
overexposed's picture

Gonna LMAO if Tyler sends all these stocks to the stratosphere tomorrow.

Wed, 07/09/2014 - 18:23 | 4941183 therover
therover's picture

Missed the surge of SRGG

Wed, 07/09/2014 - 19:10 | 4941303 Crawdaddy
Crawdaddy's picture
Remember that suburban mom CPA in Chicago?

The First Sign of Trouble at PFGBest Might Have Been The Fact That Their Auditor Worked Out of a Living Room

http://goingconcern.com/post/first-sign-trouble-pfgbest-might-have-been-...

U.S. futures industry investigators are looking into why Iowa-based collapsed brokerage PFGBest used a tiny accounting firm that appears to be operating from inside a suburban Chicago home to audit its books, according to a person familiar with the matter.

-----

'Should I go out of business or cheat? I guess my ego was too big to admit failure. So I cheated, I falsified the very core of the financial documents of PFG, the bank statements'

http://www.dailymail.co.uk/news/article-2173312/Ceo-PFGBest-tried-kill-a...

Thu, 07/10/2014 - 01:34 | 4942358 trader1
trader1's picture

i see a pattern here

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