Micro Caps and Penny Stocks always get referred to by the financial media as the “dark side” or “wild west” of equities. I’ve never got too upset about this dark cloud over micro cap because that is why their are so many good opportunities that can be picked up at bargain basement prices. The nasty side of penny stocks involved different paid for promotional campaigns via hard mailers, buying programs, so on and so forth. Today, I received this hard mailer on Legend Oil & Gas (LOGL). I’ve attached the front page, and the disclaimer page which if you get a magnifying glass you will see the $850,000 that was paid. Click the thumbnails to view:
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