Shell corporations are running cheap these days if you base the assumption on FreeButton Inc. (FBTN) who just took over Secure Window Blinds Inc. for $10,000. Anthony Pizzacalla sold the corporation to James Edward Lynch, JR. and Dallas James Steinberger, $5,000 each for 5 million shares each, 94% of the outstanding shares. Now that the symbol has been changed and FBTN stock just completed a 1-for-15 forward stock split, it’s time to add them to the watchlist to see if giving away free stuff on the internet is going to make shareholders money.
Click HERE To Make Sure You Don’t Miss Any Of Our Breaking Alerts!
FBTN Stock Chart
Market Cap: Questionable
Close: 0.49, up 0.02 (4.26%)
Dollar Volume: $17,761
Average Trade Size: 2,459
Issued and Outstanding: 33,300,000
Looking for Hot Penny Stocks?
Click here and get Alerts on the Best Penny Stocks FREE
Like free stuff? FreeButton believes in it so much that they offer users a chance to click to win as much as they like without ever having to enter their email or other private information. Product categories on the site are scheduled to include sports, tech, travel, style, bags, gaming, and music. Sounds like a cool gimic – basically a fun version of Google’s pay-per-click advertising whereas the company gets a better profile with its product and FreeButton is set to receive 50% of the retail price of the item won.
This could be a pretty cool promoted penny stock in the future once the outstanding shares can get sorted out. According to the 8-K, 33,300,000 shares were issued and outstanding after the forwards stock split. However, with 10,000,000 of the 10,620,000 shares outstanding prior to the 1-for-15 forward stock split having been purchased by Lynch and Steinberger from Pizzacalla, there is a calculation which isn’t jiving with the information provided.
Regardless with the near-term focus on growing traffic and revenue, the endgame of FreeButton is to be purchased by 2015 based on traffic and revenue.
About FBTN Stock
FreeButton Inc., operating through TheFreeButton.com, is an instant-win promotion online site where users can click the “Free Button” without entering uses’ emails to instantly win the products offered on our homepage without entering their email. The Company’s website offers top-line and premier products on our site that users have an opportunity to win.
FreeButton partners with companies which provide the products for free giveaway and these partner companies will also pay cash equal to 50% retail value of the product. The partner companies, in return, receive 100% of the advertising space (conquest advertising) on the Company’s website around the product giveaway/showcase and will also receive engaging and entertaining non-biased editorial about the product and the opportunity to have discount offers driving customer back to the partners’ site.
Click here to win free stuff on the FBTN webiste.
Bottom Line: Add FBTN to the list of to-be-promoted penny stocks to watch. With no financial data provided on FBTN stock that is of any pertinence, similar to the (001) 1234.8888 Fax number on the company website, it would be expected that something will happen on this sooner rather than later.
Here is your opportunity to subscribe to the Most Read Penny Stock Newsletter
If You Can’t Make Money With Us, You Shouldn’t Be Trading Penny Stocks
(We are 100% Anti-Spam and will never rent or sell your information)Share