Things haven't changed. Pumpers touting stocks with poor prospects do the same thing. Some firm called Wall Street PR just coughed up $382,000 to the SEC for promoting MitoPharm. I've never heard of MitoPharm and after this news I don't want to hear about them. Another promoter was playing games with unregistered shares of Universal Food and Beverage and as a result won't be doing anything with penny stock shares anymore. I want nothing to do with penny stocks anyway, but those of you who do should take note of the sharks plying the waters ready to eat you alive.
Full disclosure: Alfidi Capital is not a "pumper" or stock promoter. This firm does not accept any compensation from companies mentioned in its blog posts or research reports.