A tech company with $39 in assets is now worth over $6 billion

The company’s stock, which the folks at ZeroHedge first alerted us to, has gone from $0.10 on June 17 to $14.71 as of Wednesday’s close. At its current stock price, the company’s market cap is $4.29 billion. This is a gain of more than 24,000%. For some perspective, Apple, one of the most successful companies and stocks of the last generation, is up about 18,000% since it went public in 1980. But there is, as you could imagine, a slight problem with CYNK: It’s not clear if there’s any value to it. The website associated with the company is introbiz.com. On introbiz.com, under the “About IntroBiz” section, it states that, “Thru our marketplace you may both buy and sell the ability to socially connect to individuals such as celebrities, business owners, and talented IT professionals.” This premise, as we understand it, is basically a Facebook-like social network where you would pay IntroBiz (or CYNK, or whoever), to connect you with someone else. Maybe someone cool or famous. Who knows? Here’s a screen shot of the home page. We’re not quite sure what to make of it.