Video about YouTubers peddling stocks.
As you guys can see this summary list below this video is pretty dense with information, so I would highly recommend watching if you're interested in this topic.
- The amounts the creators are paid is very generous for ad campaigns. 10's of thousands at time 100's of thousand and even million plus dollars.
- Many of the channel are right wing alt media creators.
- Sources for data come from Securities law that requires disclosure for this type of work.
- Ad campaigns is ran indirectly though additional third party marketing company
- Majority of companies involved is resource plays
- A lot of them nano cap(16M median market cap). So have about the same market cap as a single McD locations.
- Canada once again punches well above it's weight with half the companies being based in Canada.
- 30/56 is located Vancouver and a lot of them is in the same address with the same directors and managers
- 34/56 didn't report sales in the past 12 months
- 30/56 had multi million dollar deficits.
- For many of these companies a large portions(~30%) of their expenses is marketing their stock
- Campaigns seems to be pretty effective at raising capital for these companies
- While some investors make a profit. 81% would have a average loss of -52.4%
- The middle man marketing companies has participated in trading of the stocks