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If LOTE Can Do It, So Can You! (Until the Regulators Come)

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In case you were wondering, here are the facts concerning Lot78 Inc (OTCMKTS:LOTE):

LOTE some facts

  • ~$1 billion market value as of 5/21/2013 close.
  • $0.5 million in ANNUAL revenue (that’s right, something like 2000x revenue), DOWN from prior year.
  • Lot78 Inc (OTCMKTS:LOTE) borrowed $40,000 (yes, that’s not a typo) from its founder just to stay in business.
  • LOTE’s auditor expressed doubt on its chances of survival.

LOTE

And there’s plenty more.

Now some of you might wonder, how is the stock up? Here’s a theory:

“box job” – promoters obtain hidden control of the entire supply of a public company’s securities creating a a secret monopoly. Control of the shell corporation and its stock is concealed by the use of nominee...

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