, Columnist
Try Being a Public Company Without a Working Coffee Maker
Access Power also has no sales, assets, employees or financial records. It can be yours for $15 million.
A $15 million cup of non-existent coffee.
Photographer: Carla Gottgens/BloombergThis post originally appeared in Money Stuff.
Access Power, Inc., is a pico-cap U.S. public company that “offers Internet-based communications products and services in the United States and international markets,” according to Bloomberg. As of yesterday’s close, it had a stock price of $0.0004 and a market capitalization of about $98,000; it trades an average of about $13.26 — thirteen dollars and twenty-six cents — worth of stock each day, though it had a big day last week when almost $400 worth of stock traded.
