Spam messages touting Fortune Market Media (FTMM.PK) stock have been showing up. Is this the way the company promotes its business? Let’s investigate!
The company is labelled as a pink-sheeter. It means that Fortune Market Media, a diversified media and communications company, does not report its financial data to the regulators. Lately, the company has been releasing a bunch of press-releases. They are not really that interesting. I will mention one of them.
But first let's talk a little bit about the company itself. So, Fortune Market Media holds itself out as a specialist in media and communications. However, its website is far from perfect and it generates a very little amount of traffic.
Fortune Market’s diverse streams of media include: Fortune Market Radio, Future Rhythm Media Group, print-publication, online and offline direct guerilla marketing and a web database with over five million active subscribers.
On May 20th, the company announced the launch of a new mix media campaign for eDoorways. eDoorways is developing a new lifestyle information/entertainment platform for the visually oriented Web surfing community and an online business-to-consumer marketplace.
The last time I checked, the company's stock was trading at a price of $0.20. Personally, I would stay away from putting money into this stock. There is great risk involved, especially now, as the spammers appear to control the stock price.Reference