Stocklemon Reports on Skins Inc. (OTCBB:SKNN)
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Has Footwear Become The Next Bio-Tech?
Mailboxes throughout the country have been bombarded with mailers for investors to buy shares in a one day footwear company called Skins Inc (OTC:SKNN). There is only one problem: with a market cap of over $100 million, Skins Inc does not even have a shoe for sale on the shelves. Who would give such off the wall investment advise?
None other than Geoffrey Eiten.
http://www.marketmavens.com/marketmavens.asp?WCI=GetArticle&Article=Eiten-1162429017
Mr. Eiten was charged two months ago by the Secretary of State of Massachusetts for widespread pump and dumps.
http://www.sec.state.ma.us/sct/sctnat/eiten_complaint.pdf
Mr. Eiten has been attached to some of the most notorious pump and dumps over the past 5 years.
This is where it gets unbelievable. (more…)