• Gold Standard I...
    07/24/2014 - 01:47
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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.

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.

Do NOT follow this link or you will be banned from the site!