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The Coupon Craze: Get 17 Shares of Rarus Technologies (RARS) Stock for 1 Groupon (GRPN) Share
Groupon’s IPO valued the company at $11 billion; Rarus Technologies is still under $250 million.
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Coupons are the new rage and companies are capitalizing on it. Look at Groupon, Inc. for example. Groupon has been in the news nearly every day for over a year now since their IPO. Companies like Groupon and their underwriters tend to price their IPOs in a way that usually only benefits the insiders of the company and the original founders.
Groupon, an online company providing daily coupon deals, is a classic example of this. Their overvalued IPO stock price has dropped over 60 percent since it debuted in November of last year. The loss of its stock value in post-IPO trading has even prompted a class-action lawsuit by investors against Groupon and its underwriters.
Hence, savvy investors have turned their eyes to penny stocks as a means of profiting without the underwriters involvement which normally turns out to be in favor of the shareholder if the price is right. Rarus Technologies Inc. (Pinksheets:
Rarus Technologies enetered into an agreement to purchase a somewhat unknown social media website, Zngle.com, in order to launch itself into the $30 Billion Coupon Industry. The deal to purchase Zngle.com is valued at $22 million.
Using the Zngle.com platform local businesses will now have the ability to create Augmented Reality Coupons in 3 easy steps. The new self-serve coupon feature is expected to appeal to both small and large businesses seeking to increase their visibility and reach potential local customers through their Zngle Business Pages.
For a complete profile on RARS Stock, visit: http://www.aimhighprofits.com/
Rarus Technologies was an unknown until Wednesday but you can be sure that this penny stock will be one of the most actively traded stocks on the OTC markets in the coming days and weeks. Historically, companies very similar to the business-model Rarus is composed of, like Sunpeaks Ventures , have seen their unknown status tunr into over 800% gains for early investors.
Visit AimHighProfits.com to find out more about RARS, SNPK and other stock ideas.
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