CYNK Technology Corp (CYNK), No Revenue, No Assets, No Problem!

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All of a sudden, Apple’s decision to buy Beats for $3.2 billion is looking pretty good, since absolutely nothing costs $4.9 billion. Cynk Technology Corp (OTCMKTS:CYNK) has been an over the counter penny stock with essentially no trade volume for most of the last year. And then, for no apparent reason, it rose from $0.06 per share to more than $2 in June and has gained 150% in trading today to reach $14.71 valuing the company at $4.9 billion even though it has no revenue, no assets, no product, and one employee (h/t Zero Hedge).  Cynk Technology Corp (OTCMKTS:CYNK) hopes to…

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