Recently, there is a great penny stocks to watch and that will be Options media group holdings (OPMG) which is supported by young celebrity Justin Bieber who promoted the product "Drive Safe anti-texting while driving" application software.
When the information was released, OPMG stock cost shoot through the roof from 1 cents to 4 cents a share. This might additionally be owing to the actuality that Justin has shared the information on his facebook consideration using 27 million fans who proceeded to go on to diffuse the news further.
Having said that, according to Timothy Sykes, the #1 investor on covestor, he believes which OPMG is an interesting penny stocks to watch since it seems to be like another pump and dump penny inventory because it has more than 50 loans in 24 weeks with just $97,000 in money and deficits of $10 million dollars.
In the SEC filings for options media group holdings on 16 May, Justin Bieber was given "121,160,749 shares of common inventory at $0.01 per give or a total of 16.4% of the Manufacturer", and also such as royalties for each piece of software the manufacturer sold. Although the product has been available for sometime, it has been building losses as documented in the SEC filings.
So the recent surge in OPMG give price can also be due to penny stock promoter at joenoelstocks.com, which in accordance to Timothy Sykes, which Rising Development Research, LLC was given 4 thousands and thousands of OPMG shares in their disclaimer.
As it is easy to check from the financial statement, OPMG is about to go down earlier than Justin Biber and with so many financing carried out previously, it should be difficult for the stock selling price to photograph up additional since many insiders with stocks to trade will draw on doing so great chance to take back their cash.
With annual losses of $10 million and items that possess not established itself, should you make investments in options media group holdings which is looking to access $5 million to live operational?
Once more, doing so might be a excellent penny stocks to watch because it is outstanding feasible to generate cash from OPMG, but do not maintain it long, search out breakout in particular if popular stock promoter hoopla issues up. Do check out how Timothy Sykes can make cash irrespective if the penny stock is going up or lower.
When the information was released, OPMG stock cost shoot through the roof from 1 cents to 4 cents a share. This might additionally be owing to the actuality that Justin has shared the information on his facebook consideration using 27 million fans who proceeded to go on to diffuse the news further.
Having said that, according to Timothy Sykes, the #1 investor on covestor, he believes which OPMG is an interesting penny stocks to watch since it seems to be like another pump and dump penny inventory because it has more than 50 loans in 24 weeks with just $97,000 in money and deficits of $10 million dollars.
In the SEC filings for options media group holdings on 16 May, Justin Bieber was given "121,160,749 shares of common inventory at $0.01 per give or a total of 16.4% of the Manufacturer", and also such as royalties for each piece of software the manufacturer sold. Although the product has been available for sometime, it has been building losses as documented in the SEC filings.
So the recent surge in OPMG give price can also be due to penny stock promoter at joenoelstocks.com, which in accordance to Timothy Sykes, which Rising Development Research, LLC was given 4 thousands and thousands of OPMG shares in their disclaimer.
As it is easy to check from the financial statement, OPMG is about to go down earlier than Justin Biber and with so many financing carried out previously, it should be difficult for the stock selling price to photograph up additional since many insiders with stocks to trade will draw on doing so great chance to take back their cash.
With annual losses of $10 million and items that possess not established itself, should you make investments in options media group holdings which is looking to access $5 million to live operational?
Once more, doing so might be a excellent penny stocks to watch because it is outstanding feasible to generate cash from OPMG, but do not maintain it long, search out breakout in particular if popular stock promoter hoopla issues up. Do check out how Timothy Sykes can make cash irrespective if the penny stock is going up or lower.
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