Got another 'hot tip' from good old Ken Coleman at Market Intelligence Center, this time for symbol IENI, or International Energy Inc. The boilerplate at the bottom of the email is the same as for the Octillion advertisement, showing that Ken got $6k for writing it and $10k in expenses. Searching through other resources I find that IENI has earnings of a minus 1 cent, and a balance sheet otherwise nearly empty. Surprising news, the same Nicholas Cucinelli is the CEO of this 'company' and of Octillion. How interesting. They have doubled their investment in research personnel. It isn't hard to double $100, or even $10,000. And all of them work out of the same office suite in Vancouver. Can you say 'shell game'?
International Energy Inc is going to get rich making oil out of algae, just like Octillion is going to make it big selling windows that generate electricity. I expect next that these people will be selling stock in cold fusion power plants. Anti-gravity boots. Fountain of youth products. IQ pills. Money multipliers. Anti terrorist night lights. Xray vision glasses. Future prediction earmuffs.
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