GoFish.com is a great example of a Stock Promote

I was listening to a good friend of mine today who knows nothing of the boom in video aggregation, talk about reverse merger gofish.com. Never had heard of it. Hmmm.

Now tonight I am reading at newteevee that they have bought bolt.com with their ridiculous penny stock, reverse merger, inflated stock. Price tag for this gem – a mere $30 million in paper.

A stock promote well executed for sure. Bolt.com makes out like a bandit if they can monetize this stock.

These almost always end very badly.

If you want more, I am sure podtech.net will have a 60 minute report on it tomorrow :) .