Energy King, Inc. (OTC:ENKG) is up almost 1,000% right now at $0.0052 with an intraday high of $0.0075. Energy King, Inc. announced earlier this morning it is changing its name to Godfather Media, Inc. It looks like something else is going on here though, maybe rumors on investing forums sending the stock up.
The company will change its name, but will not change their ticker symbol. Energy King, Inc. CEO Michael Cummings said, “The Company’s Board of Directors, as well as the Majority Shareholder believes that the Name Change is in the Company’s best interest and is intended to more accurately reflect the Company’s operations and interests. At present, the Company is no longer engaged in the HVAC business but in the mobile and social media industry. We also launched a new website at www.godfathermedia.net which explains our focus in more detail.”
About Godfather Media, Inc.
Godfather Media, Inc. plans to expand its new business by acquiring interest in companies in the mobile and social media markets. Godfather Media, Inc. will offer these subsidiaries financial assistance, critical strategic support and management support from an experienced team, to support and grow them. Our shareholders will be updated on a quarterly and annual basis via newsletters, teleconferencing and press releases whenever material events occur.
After you get your fill of penny stocks be sure to check out active-investor.com. Recently launched, Active Investor is the new go to hub for all things big board related. Covering the latest in the stock market today, Active Investor is quickly becoming the premiere destination for coverage of the NYSE, NASDAQ, and related big board exchanges.
Disclaimer: This corporate profile is provided for information purposes only and should not be used as the basis for any investment decision. We are neither licensed nor qualified to provide investment advice. We were not paid, nor do we hold a position in this stock at the time of this posting. Do not use the above information as investment advice. It is for entertainment purposes only. Penny Stock Classroom is not liable for any losses you may incur.