Arcis Resources Corp (OTCMKTS:ARCS) Looking For Bagholders

Arcis Resources Corporation (OTCMKTS:ARCS) is seeing some heavy trading today on the heels of a promotion with a hefty $52k price tag by Epic, Wolf Of Penny Stocks, and Stock Of The Week group.ARCS describes itself "as a technology solution provider with strong focus on software, web, mobile apps, and social media. We specialize in developing online information and directory portals for markets that strategically bring revenue, and growth. Our goal is to serve as a platform for software, web, mobile app, and social media development used for licensing, and distribution worldwide."ARCS has all the signs of a wannabe Marijuana company. Back in 2012-2013 we saw anything with the word Marijuana in the name skyrocket even if the didn’t have anything really to do with the core business of selling Medical Marijuana. ARCS has some Hemp flavored seed for Coffee, a Marijuana app for degenerates to upload pictures of themselves smoking marijuana, and an online Vape store.To back up today’s promotion, ARCS issued a press release light on details and specifics. The company said that it “is pleased to announce that it will launch a new line of hemp infused hand & body lotion. It will be used for health, and wellness products. Hemp seed oil is made up of 80% essential fatty acid, the highest amount of any other plant. Hemp seed oil has other skin benefits such as offering relief to acne, minor abrasions, psoriasis and eczema. Hemp is also the only plant oil containing Vitamin D, which is necessary for Calcium absorption, especially useful to vegans. Using Hemp seed oil is a great way to achieve soft, smooth and hydrated skin.”We are already starting to see the usual trading pattern on the Wolf’s sub-penny profiles emerge on ARCS today. After being up over 100% early on we are seeing the PPS getting pounded down heavily leaving those who got in early holding the bag.This isn't unusual for ARCS. Back on November 16th we saw PennyStockSniper profile this one for a $50k fee and after a strong start, the PPS was smashed down with a vengeance. On that day ARCS hit a high of .008 only to be whacked down to close at .002. Simple math tells us that some traders were left holding a -300% bag. Yes, you read that right. ARCS lost 300% off of its high that day with a whopping $765,000 traded. It is no wonder that nobody has heard from penny stock sniper since then. Their subscriber base was decimated.What is concerning is that if you look at the filings you will see a plethora of stock being issued. What really stuck out to me was the 200,000,000 shares issued to Latenno Food Corp (OTC:LATF). The connection makes me curious. LATF was the subject of a MAJOR stock promotion in the past and right now there is no bid with an offer of .0001 after hitting a high of .18 back in 2013. Are we going to see the same thing happen with ARCS?The only problem here besides them dishing out stock to anyone with a buck is that my nephew could do more revenues with his lemonade stand this Summer.Keep an eye on ARCS and grab a helmet. We think that by the end of the week ARCS has a strong chance to be trading at levels much lower than today's open. Buyer Beware! We will be updating Insider Financial as soon as we know more. For continuing coverage on ARCS and our other hot stock picks, sign up to Insider Financial today and get our next hot stock pick!Disclosure: We have no position in ARCS and have not been compensated for this article.