The sooner that people stop using Cryptostocks, the better. When scams are discovered on Cryptostocks, the 'contract' levels drop from White/Gray/Black, then there is a trade stop, and then the stock is delisted so that the 'projects' page isn't filled up by the numerous scams that have been perpetrated there.

Labcoin? Delisted and gone. Scrypt Asic International? Delisted and gone. Litecoinbank.org? Delisted and gone. The place requires 1BTC and no verification for someone to list a security - it shouldn't be that much of a surprise that scams abound there.

Cryptsy and Cannabit are the ONLY stocks that anyone should be looking at there - don't even think about the others and the new ones. If a stock on Cryptostocks doesn't even have a bitcointalk thread? Forget about it.

Cryptsy gets a pass because of how big it is (and was verified by the announcement directly on Cryptsy).

Don't use Cryptostocks, Kumala could care less about people getting scammed.