{"id":6667,"date":"2015-08-27T12:14:39","date_gmt":"2015-08-27T12:14:39","guid":{"rendered":"\/?p=6667"},"modified":"2015-08-27T12:39:28","modified_gmt":"2015-08-27T12:39:28","slug":"pumpers-persist-with-black-stallion-oil-and-gas-inc-otcmktsblkg","status":"publish","type":"post","link":"\/articles\/pumpers-persist-with-black-stallion-oil-and-gas-inc-otcmktsblkg\/","title":{"rendered":"Pumpers Persist With Black Stallion Oil and Gas Inc (OTCMKTS:BLKG)"},"content":{"rendered":"\n<p><img decoding=\"async\" style=\"float: right;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/91\/91138\/blkg_chart.png\" border=\"0\" width=\"450\" \/>The pump job targeting the stock of Black Stallion Oil and Gas Inc (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=BLKG\">BLKG<\/a>) is obviously not letting up. The latest email came through yesterday morning but the stock did not perform quite well in the session. After a three-day bounce, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=BLKG\">BLKG<\/a> stopped nearly 8% in the red yesterday.<\/p>\n<p>The situation with the company is a relatively simple one. <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=BLKG\">BLKG<\/a> is next to cashless as of its latest quarterly report filed just a few days ago, the company has never generated a dime of revenues, has extremely limited total assets to its name, yet a paid promoter is telling everyone how this is going to hit three dollars per share in the immediate future.<\/p>\n<p>Stock pumper outfit Wall Street Report have been promoting <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=BLKG\">BLKG<\/a> for at least two full weeks now, pushing out promo emails and advertising the company through a landing page set up at WSR&#8217;s website. The advertising money is being handed out by a third party named Pansino Investment Ltd, which by all appearances seems to be a Chinese privately held entity.<\/p>\n<p>For those who are genuinely excited by the babble of the promoters and the promises of making easy bank by investing in <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=BLKG\">BLKG<\/a>, here is a brief glimpse into the financials the company last reported just a week ago:<\/p>\n<ul style=\"list-style-type: disc;\">\n<li>$239 (two hundred and thirty-nine US dollars) in cash as of June 30, 2015<\/li>\n<li>$7 thousand in total company assets<\/li>\n<li>ZERO revenues since inception<\/li>\n<li>$34 thousand in quarterly net loss<\/li>\n<\/ul>\n<p>Those figures hardly need any further comment as they are quite eloquent on their own. The company&#8217;s dire financial state never stopped the promoters from slapping a target price of over $40 for <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=BLKG\">BLKG<\/a> stock.<\/p>\n<p>Investors should be very able to determine whether this is a new oil giant in the making or just an OTC company struggling to make a dime, which happens to be targeted by a relatively expensive paid pump.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pump job targeting the stock of Black Stallion Oil and Gas Inc (OTCMKTS:BLKG) is obviously not letting up. The latest email came through yesterday morning but the stock did not perform quite well&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1789],"class_list":["post-6667","post","type-post","status-publish","format-standard","hentry","category-news","tag-blkg"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/6667","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=6667"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/6667\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=6667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=6667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=6667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}