BreakOutStocks Receives $290K for a Promo Run on iMing Corp (PINK:IMNG)

According to promoter Stock Publisher, their latest penny pick “has joined the arena in which big boys like Google and Apple are playing in”. Does iMing Corp (PINK:IMNG) deserve being compared to these two technological colossi, though?

It doesn’t take a rocket scientist to figure out that IMNG has a long way to go before joining the same league. What makes us so sure about that is that Stock Publisher actually received $109 thousand by third party Grand Jolly Limited to say stuff like that in order to raise awareness on the stock for one day only.

And there is more to it. If this effort should by some reason fail to ramp up IMNG‘s market value, there could still be room for further speculation on the stock because this is by far not the only paid campaign in support of IMNG. In addition to the one mentioned above, there is also a one-off trade alert worth $55 thousand powered by Penny Stocks Guru, a forty-thousand tout as well as a a one-week pump job worth a whopping $290 thousand. The latter is Grant Jolly Limited’s backup plan in case today’s campaign fails to deliver.

Altogether, a total of $400 thousand spend on artificial pumping by one third party which has approached a handful of promoters, including SurfsUpStocks, Stock Publisher, and Penny Stock Crew to name but a few.

The sheer size of the promotional budget suggests that the parties involved might have a large number of IMNG shares to dispose of. The full-blown promotional campaign is expected to boost the market value of IMNG stock, thus giving them the opportunity to get rid of their stakes on favourable terms. In this respect, getting in today could hardly be deemed a reasonable move.