Multi-Corp International, Inc. (NASDAQOTH:MULI)

CAPS Rating: 1 out of 5

Recs

7
Player Avatar bbmaven (100.00) Submitted: 5/8/2013 7:20:02 PM : Underperform Start Price: $0.50 MULI Score: +123.04

This one is being pumped by JackpotPennyStocks.com. The last time they showed any revenue was 2010 when it was known as Aquasil. It is now a software company with no assets except some proprietary software that they are hoping to "exploit." How is this add up to a $39M market cap?

The JackpotPennyStocks.com brochure my son received as a nice little disclaimer In it - and also says, "JackpotPennyStocks.com expects to be compensated $20,000 cash from a non-controlling third party for MULI Investor Relations Services. There has to be a better use for this $20,000 in cash - maybe trying to figure out what to use the software for - or develop some customers????

Report this Post 2 Replies
Member Avatar kinosternon (99.48) Submitted: 7/30/2013 1:07:29 PM
Recs: 1

You just gotta love those penny stock pitches. I've received some snail-mail pitches with bold claims and real pretty color pictures for a couple of penny stocks--NORX and AGIN. Those color pictures just make you want to throw money at 'em. Perhaps TMFStockSpam should redthumb those two.

Member Avatar john603 (59.38) Submitted: 5/2/2014 8:04:58 PM
Recs: 0

Great comment. How is it that the SEC does not take action against the source of this phony reporting?

Featured Broker Partners


Advertisement