If Groupon was a Penny Stock, They would Call it Rarus Technologies (RARS)

As the Facebook IPO date gets closer and investors line up to buy shares in the social media giant, another company has jumped onto the scene which again supports the reasons why not to buy FB Stock. Meet Rarus Technologies (Pinksheets: RARS) whose stock price basically doubled today on their OTC IPO debut closing at 57 cents a share.

Remember the hype behind Groupon Inc (Nasdaq: GRPN) whose IPO in November has caused for lawsuits by investors in the overpriced stock against both the company and the underwriters? Shares in GRPN are down over 60 percent since their IPO.

Fact: 1 share of GRPN Stock today could get you 17 shares of RARS.

Rarus Technologies made two announcements in the last 24 hours:

• The first was that they entered into an agreement to purchase Zngle.com, a social media website that is a much, much smaller version of Facebook. Call it a speck compared to Facebook. The purchase of Zngle is valued at $22 million due over the next 5 years by RARS.

• The second was today when Rarus Technologies announced that they are going to use Zngle.com as a self-serve coupon generator and augmented sharing application. Basically, a smaller version of Groupon. Much smaller. The design is to attract a large audience of active consumers seeking popular discount coupons to be redeemed at a vast selection of local businesses in their region. Using the Zngle.com platform local businesses will now have the ability to create Augmented Reality Coupons in 3 easy steps. The new self-serve coupon feature is expected to appeal to both small and large businesses seeking to increase their visibility and reach potential local customers through their Zngle Business Pages.

RARS Stock is one to watch over the course of the next few weeks. Think if SNPK and GRPN got together and had a marketing plan focused on investors.


***Reminder: never chase stocks that gap at the open and always protect your profits!

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