YaFarm Technologies, Inc.(OTCMKTS:YFRM) With Another Massive Promotion

Yesterday YaFarm Technologies, Inc. (OTCMKTS:YFRM) gained more than 15% to reach $0.045 at closing time. Investors also flocked to the stock with more than 4.6 million traded shares compared to the 100 thousand from the previous session. If you are wondering what sparked the sudden interest towards the stock don’t be because yesterday marked the beginning of another paid pump for the company.

Despite the positive finish the current price levels are no where near those from February. Back then the ticker was almost dead with no active trading until February 5 came around and everything changed. A massive $150 thousand pump was initiated with MarketBulls and OTCMarketAlerts in the lead. They managed to boost the ticker as high as $0.3 before the inevitable disastrous slide towards the bottom.

Now the current pump has only half the funding but the newsletters are just as numerous. Andalusian Holding, through all of its affiliates – PennyStockGuru, PennyStocksVIP, Monster Trading Alerts to name a few, received $30 000 for their services. The other major participant is Equities awareness Group through its respective affiliates – TheStockBrainiac, Greatest Stock Picks and Premier Equity Reports. They were paid $40 000 by Tlaquauacteepatl Corp., an entity created specifically for the purposes of this pump.

With all the attention it has been receiving YFRM should be quite a major company but this couldn’t be further from the truth. They are a pink sheet bearing the limited information symbol which means their financial reports are sporadic at best. The latest one is the annual report for 2012 and it contained:

• zero cash
• zero assets
• zero revenues
• $122 thousand total current liabilities
• $1051 net loss

During the past months YFRM has been relentlessly releasing PR news about the acquisition of Integrative Stem Cell Institute(ISCI) which finalized on May 21. We are still eagerly awaiting the next financial report to see what the actual terms of the deal were seeing the resources available to them.

Earlier this month TheStockBrainiac was part of another pump that went horribly wrong. They were touting Graphite Corp. (OTCMKTS:GRPH) and the results can be clearly seen on the chart.

YFRM have nothing to show for themselves at the moment except the enthusiastic PR announcements. Any long term investments are extremely risky without doing your due diligence first and even then it is better to altogether skip the stock.