written by reader Rising India soon to be Rising Biosciences

By heretic001, April 12, 2018

Is this a legit company?

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.



This site uses Akismet to reduce spam. Learn how your comment data is processed.

Inline Feedbacks
View all comments
πŸ‘ 11
Travis Johnson, Stock Gumshoe
April 24, 2018 10:17 am

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.

Add a Topic
Add a Topic
πŸ‘ 16549
πŸ‘ 11

We use cookies on this site to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies.

More Info