Broke Out Inc (OTCMKTS:BRKO) has rocketed up to over $2.50 a share after penny stock Godzilla promoter Elite Penny Stock Group announced it as their new pick. Prior to BRKO the group was promoting CLOW which was a general disappointment after topping out at $0.661.
APS Predecessor Elite Penny Stock Group operates the domains Finestpennystocks.com, Smartstockchoices.com, Bestamericanstocks.com and Elitepennystock.com, mysoaringpennystocks.com and pennystocks.com (which provides the APS connection as it was APS that bought pennystocks.com for US $1M back in the day)
Prior to CLOW Elite Penny Stock Group took EURI to incredible $2.09 highs before the stock was slapped with the dreaded Skull & Crossbones designation from OTCMarkets and the whole thing collapsed.
Broke Out Inc (OTCMKTS:BRKO) bills itself as a German-based developer, publisher and marketer of mobile apps. The Company offers apps to a cross section of users of smartphones and tablet devices who download and make purchases through direct-to-consumer digital storefronts, such as the Apple App Store, Google Play Store, among others. It owns over 30 paid and free apps at the moment with a focus on Europe and the USA.
On March 7 BRKO announced it has acquired the Test for reaction app that runs on Android mobile devices. Test for reaction has almost 200,000 downloads and approximately 10,000 active users and is adding new users daily at a steady pace. The app has nearly 4,000 reviews on the Play Store most of which are highly positive.
The app has a very simple concept which is to click on the screen as soon as the color turns green. The idea is to improve reflexes and reaction time by playing it over and over. The app is highly addictive as users continuously try to improve their score and compete with friends.
Another app that Broke Out acquired, Walk N Text, even made it to TV. Walk N Text was featured on the CBS Network’s Queen Latifah show. The show was averaging approximately 1.5 million viewers and helped put the company’s Walk N Text app on the map when Queen Latifah spent nearly 2 minutes speaking about it and demonstrating it on TV.
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BRKO CEO Chan Set Kuan said “We are proud of this latest acquisition as the app has a strong user-base and good potential for monetization through advertising placements. We plan to continue acquiring app as we have had good success with this strategy. This was not the first time one of our apps was featured on TV. Our Whip App was also featured on an episode of the Big Bang Theory and this reconfirms that our apps are generally well-received by the mobile community around the world.”
According to Elite Penny Stocks Group subsidiary finestpennystocks.com ”BRKO steadily keeps rising – Your chance to own it is disappearing!
Hey Everyone, I know that many of you were hoping to buy BRKO at under 2 dollars this morning but it quickly ran up to well past that and is currently up about 150% As the day progresses BRKO keeps going up, the longer you wait the more expensive it gets.
We are getting into the last trading hour of the day and your last chance to own shares of BRKO at under $3 is quickly closing. By the time BRKO opens tomorrow it could already be at over 3 dollars. Are you going to buy BRKO now?”
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Currently racing up the charts in multi dollar land BRKO has minimal assets or revenues and rising short term debt. BRKO is the latest pick from Elite Penny Stock Group that just took EURI to $2.09 and AREN to $1.30 before that although their last pick CLOW was a disappointment topping out at $0.661. We will be updating on BRKO when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with BRKO.
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Disclosure: we hold no position in BRKO either long or short and we have not been compensated for this article.