Carbon Credits Int’l, Inc (PINK:CARN) Adds 85%, Selected by InsaneStocks.com
When unusually hot spring weather follows directly the unusually cold spell, one cannot help but think about global climate change. And the temperatures just spiked for Carbon Credits Int’l, Inc (PINK:CARN), as the company jumped nearly 85% in a day to $00.94 on unprecedented buying volume following a paid promotion by InsaneStocks.com. 
CARN is not actually dealing in carbon credits from the international system, but is a mobile technology company, offering various texting services. Among them are products for awareness campaigns and donations, some of which could be targeted toward a responsible carbon footprint.
Let’see how CARN is doing financially with its service and if the company is benefitting nicely from
an increasingly connected world:
- $1,000 cash
- $10,000 total current assets
- $649,000 total liabilities
- Zero revenues
- $45,000 net loss
It is strange that the pink sheet did not report revenues and has very little resources, as it already has a functioning site and offers its services widely. Even though the business model is not unique and there are many similar service providers, CARN could still expect a slice of the cake.
But we should look in the short term, and how the promoters have bigger plans for CARN. InsaneStocks.com plans to release technical charts and analysis for this ticker, and suggests in its email that the rally is supposed to continue. While the truth of this statement is not verifiable, it may well turn into a self-fulfilling prophecy if investors decide to hold off the Friday selling. CARN is advertised as a blue sky penny stock, and one that may reach 3 cents soon.
InsaneStocks.com has a limited record of past promotions, but it is still useful to see what happens to a stock when the interest shifts. The pumper took up again a well-known and noisy ticker, Pub Crawl Holdings, Inc. (OTC:PBCW). The stock was just recovering from a long slide after its previous campaigns ended, but it is going for a new trend.
So far, InsaneStocks.com has skillfully tried to make CARN unforgettable and perhaps keep the levels over the weekend, to spill over the success story into a new week. Time will tell if the promises from the last email materialize. But in any case, investing in a double-zero penny stock is best done if you can afford to lose your investment, in part or in whole.
