On today of all days, sketchy-looking would-be 3D printing company Massive Dynamics puts out a comically vague press release. Is this yet another apparent attempt to pump its penny stock, or the April Fool's prank from a master troll? Maybe it's both.
Before you read any further, I will direct you to this piece of excellent reporting by Rose Brooke and Dan O'Connor at the 3D printing blog Personalize.
You do yourself a disservice by not reading their article, but here's the gist: Rather than report blindly on yet another press release from an aspiring 3D printing company, Brooke and O'Connor actually looked into the details behind the release. What they found looks like a stock scam, designed specifically to capitalize on the hype surrounding 3D printing.
Massive Dynamics' headquarters at 19925 Stevens Creek Boulevard in Cupertino, CA, from its Web site.
(Credit: Massive Dynamics)
Loosely described, the apparent plan behind Massive Dynamics goes something like this: set up a Web site, phone numbers, and a virtual office location, keep Business Wire supplied with a supply of press releases, offer shares to the public through the lightly-regulated over-the-counter markets, in... [Read more]
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