The Sketchy Companies Paying YouTubers to Promote Their Stock
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Spreadsheet: https://docs.google.com/spreadsheets/d/1NgOmPul65qG_S7I774bc7YfFtL7cWsz6GtSabXhGKwQ/edit?usp=sharingI went through 123 YouTube videos promoting ...
@SamuelRJankis@lemmy.world
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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
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