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CM8- The scam of self promotional research reports


Crowdmobile, in their desperation to  get their spp fully subscribed have paid a US consulting firm $65,000 to do a research report.

Now this RM consulting group are not a registered member of Finra, nor is a registered broker or dealer, but is primarily used by struggling small cap companies to lift their profile. in other words appeal to retail investors.

this company has no expertise in CrowdMobile's industry but they talk it up like they are experts.

When a company pays for self promotion, your best bet is to be very very wary.

http://crowdmobile.com/wp-content/uploads/2016/10/Crowd-Mobile-Initial-Research-Report-By-RB-Milestone-Group-Oct-12-2016.pdf


All in my opinion of course!


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