written by reader Rising India soon to be Rising Biosciences

By heretic001, April 12, 2018

Is this a legit company?

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Travis Johnson, Stock Gumshoe

I have not researched the company, but from a quick skim of their website (and stock chart) it looks like opportunistic penny stock junk to me. If you’re interested in marijuana I’d look first at companies that actually have some revenue and file with the SEC or in Canada, trading in promoted and manipulated penny stocks often doesn’t go well for small investors.

It’s always possible that a tiny reverse merger penny stock can turn into a real company, and, as I said, I haven’t looked at this one in detail… but there are so many scams and junk companies that look just like this that it’s hard to justify digging much deeper unless you have a lot of time to kill.

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