Ordinarily, a money-losing company like Cynk
Technology would languish on the over-the-counter stock market and
attract little attention from either investors or the media. Cynk,
though, has managed to attract plenty of attention, along with a market
capitalization of $4.5 billion. That's an astonishing feat for a company
with no products, no revenue, no website and exactly one employee. As
Bloomberg News noted, Cynk shares were worth 6 cents as recently as May
15. Before the Securities and Exchange Commission ordered its shares
halted on Friday, the stock was priced at $13.90. The stock has risen
24,000 percent in...
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