All are scam. All of them use same recurring themes. One of them being the much over-exaggerated income claim. They make statements like “Retire in 20s, a multi-millionaire starting with $1,000.”
You can be 1 and it only cost you 5,000
If they know the secret, they would have all relatives millionaire
Why do they care about you?
More and more are being released online because they are just so easy to exploit to consumers and investors.
Penny stocks are notorious for being a pump-and-dump scheme, which is when scams buy shares only to promote it as the next hot thing in blogs and e-mails. This raises the price of the penny stock, artificially allowing scammers to sell their shares while leaving investors with nothing more than a dramatically lowered share price.