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Friday, July 11, 2014

The Mystery Of Cynk Technology, No Assets, No Turnover And A $4.5 Billion Valuation

The financial world is agog at the story of Cynk Technology, which is a company that appears to have one employee, large losses, no turnover and no assets: yet a $4.5 billion stock market valuation. To put it very mildly indeed this isn’t a stock that anyone at all would recommend you invest in.

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