Long Island Iced Tea Soars 500% After Changing Its Name To Long Blockchain

Now that it is abundantly clear that for a stock to explode higher, all that is necessary – and sufficient – is a press release mentioning the company’s name and throwing in the word “blockchain” in the same sentence (see Riot Blockchain, LongFin Corp, Net Element, and Nova Lifestyle), other public microcaps have decided that if that’s all it takes, then by all means they will gladly take investors’ money.

Before…

After…

And so here is today’s farce – Meet ‘Long Island Iced Tea Corp’… to be known in the future as “Long Blockchain Corp.”