DoMark International, Inc (OTC: DOMK) made a big announcement Friday morning and the stock traded record volume $5M+ then after the close the CEO resigns??

This article has been updated: http://www.otcmagic.com/what-happened-to-domk-otc-domk-nasdaq-domk-penny-stock-domk#comment-2485

Anyone with an eye on Penny Stocks has seen the incredible rise of DoMark International, Inc (OTC: DOMK) recently hitting an intra-day high of $4.88. The driving force behind this massive volume has been a multi-million dollar online promotion. The landing page used for this promotion is: 

http://hotstockpick.co/

Friday was an interesting day for DOMK indeed; at 8:30 in the morning they announced that that their wholly owned subsidiary; SolaWerks had received the first order of production units and were preparing for shipment. You can see the PR here:

As we have said many times, once the promotion is over DOMK will fall quickly. Currently  trading at a $120M market valuation DOMK has no revenues and high operating costs. All this is besides the point, these heavily promoted stocks almost always end badly for investors. Expect DOMK to trade well under $0.50 within the next 2 months.

It is also important to note (a big thank you to Peter for pointing this out) that there are 50,000 preferred shares convertible into 1,000 shares each; 50M new shares which is more then the entire OS

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