The name Sky People was not sexy enough for the company, so the Chinese company changed its name to Future FinTech just because it sounded sexy.
As for as we know, Sky People wasn't an air borne juice factory plucking oranges and apples from thin air, they were planted firmly on the ground and squeezing one orange at a time. Further, Daily Stock Deals found no evidence that would suggest Future FinTech Group currently involved in any Fintech activity.
So, why the stock (FTFT) flying? Who is juicing up? Speculators, Scammers or perhaps plain folks who just love funny names, we don’t know. Don’t get me wrong, we aren’t against fun, if you playing with funny money, it’s OK, have a great flight, however, if you are betting your hard earned dollars, watch official press release or filing with SEC/FINRA.
Daily Stock Deals would like to remind its members and followers: Before you take a sip, please read the label carefully! The Fintech Cocktail could be deadly.