Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
In May TekCapital (TEK) was gifted 51% of Vesari for $0 but within 5 weeks had published an “independent” , i.e. paid for report saying that a company with no assets, cash or patented IP was worth $293 million. I agree with Liverpool’s greatest numbers man since Ken Dodd that this is just nonsense on stilts. Evil Banksta opines:
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