VIP Stock Alerts Fuels Todays’s Alternative Energy, Inc. (OTC:TAEC) Rally
Making energy out of food waste is the business plan of Today’s Alternative Energy, Inc. (OTC:TAEC), as the stock was promoted actively and sent out a press release showing an upcoming acquisition. This ticker is among the most actively promoted OTC small cap companies and the marked jump in the graph is there to prove the immediate effect of a promotion.
On Wednesday the ticker added 24% and ended at 0.015 cents and may add further percentages as a new mail arrived on Thursday. The TAEC company signed a letter of intent to acquire Star Mechanical, an energy efficiency business with a long experience and a good stream of revenue. On its own, TAEC has little to show in terms of financial strengths:
- $44,000 cash
- $2.6 million current liabilities
- Zero revenues
- $709,000 net loss
The TAEC ticker will be a way for closely held Star Mechanical to get exposure to the markets, while boosting the joint company’s balance sheet with new assets and a five years’ history of profitability, a rarity in the penny stock circles.
The TAEC ticker was featured in twelve emails this month, in a campaign with budgets ranging from free to $40,000, and the total monthly budget is $100,000 so we may expect the touting to continue for a few more days. VIP Stock Alerts runs the most active and well-paid promotion for the day, with $40,000 in compensation, advertising the low price as a path to quick addition of wealth, as well as the hot industry of renewable and alternative energy.
VIP Stock Alerts advertises TEAC as part of the growing biodiesel industry which sometimes uses restaurant fat to produce fuel, trying to counter rising stock prices. However, TEAC may be a bit late in the mix and we have to wait and see if the know-how of the newly acquired company will materialize. Otherwise, the company features a rather bland website extolling the virtues of ecologically sourced energy.
The VIP Stock Alerts pump shows a long history of past failures, and although during the promotional period its selections achieve hundreds or thousands in percentage growth, later all gains are quickly erased. Two of its picks, Goliath Film and Media Holdings (OTC:GFMH) and Gunther Grant, Inc. (OTC:GNGR) show the trends clearly in their charts.
Pumpers usually hype hot industries as the next promising thing, but the promises are only in the emails. A month or two ago, the alternative film companies were hot, and now eco-energy replaced them as the next bait for investors. It is best if you do your own estimate of risk before committing to the hype of paid emails.