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TEMPE, Ariz., May 13, 2011 (GLOBE NEWSWIRE) — “It wasn’t us,” said Larry Lorenz, President of EcoEmissions Solutions, Inc. (OTCQB:ECMZ), responding to the reported influx of spam emails last weekend that were purportedly pushing shares in the Company. “I have received a lot of phone calls and emails about this situation. As a Company listed on the OTCQB exchange, something like this is very alarming. It seems like an amateurish type of promotion, which is as much of a concern to us as the fact that it isn’t legal to send out anonymous emails with stock advice.
“I have read the spam and although I agree with the statement about our stock being undervalued, there is no way that we, as a Company, would ever condone this kind of approach to promoting EcoEmissions. We don’t need to.
Penny Stocks are stocks traded for under $2 and they represent the small cap companies. They trade on the OTCBB so you will not find them on the major stock exchanges. They are very cheap stocks and normally come for businesses needing capital. They are a very risky investment as the business can go under and leave you with a stock worth nothing. However that being said penny stock trading can be a great money maker, and there are numerous traders who make 6 figures and more from them each year.
The best reasons to trade in penny stocks are the fact that they do not require a large initial investment, meaning that they are an affordable investment for many. Penny stocks are cheap. For example if you were to buy 1000 shares in a company with shares at 10 cents, you would only require an investment of $100, whereas if the shares cost $5 you would require an investment of $5000. Penny stocks also have the potential of huge gains, and have been known to rise as much as 1000% daily. Therefore your $100 investment can be worth $1000. This is very unlikely to happen to other stocks from large cap businesses.
Article source: http://www.globenewswire.com/newsroom/news.html?d=222024