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06-May-08

Website Paid 125,000 Shares to Pump Skinny Nutritional Corp. (OTCBB: SKNY)


Take a look at this “article” which was just posted by Shazam Stocks about Skinny Nutritional Corp. While Shazam would like you to believe that this is the result of some careful, independent analysis on their part, the truth is that they were given 125,000 shares of SKNY in exchange for posting this “research.” Don’t believe me? They admit it right here:

We have been compensated by a third party, Presidential Enterprises Inc., one hundred twenty five thousand shares of SKNY.

This begs the question: Why is someone willing to give away 125,000 shares of stock (roughly $50,000 marked-to-market) just to get some good PR? And what exactly does Shazam Stocks intend to do with its equity-based compensation after it has pumped SKNY? You can probably answer those questions yourself.

Note: For some background on SKNY, see my earlier posts here, here and here.

 

Posted at 19:06 in External Blog  |   Permalink  |   Comments ()     |  Top

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