Make Money On Blog

I am not familiar with the purchasing of stocks and have never done it, but an online blogging job on Yeepet.com is offering to pay me monthly, along with a share of the company’s stock, which in the agreement that I have to sign states that I agree to pay $12 for the shares in order to be able to get paid with the company’s stock (I have to pay by cash or check). Since like I stated I am not familiar with this sort of thing, does this sound like a good idea?
Yeah in the agreement it says each stock is worth $.001. So.. um..I guess it’s not a good idea?? Thanks for the info guys (except for Shirley of course). At least I learned something today.

It is illegal, and a scam.

Report them to the SEC for breaking Securities law (illegal offer of securities for sale)

Use this form: http://www.sec.gov/complaint.shtml

Do NOT give them any money.

A real job pays YOU, not the other way around.

Check the value of the stock on the stock exchange (if it exists) I bet it is worth pennies. (edit: I checked, there is no publicly traded stock– run for the hills, and don’t forget to report them)

Report them. I gave you the link.

(While you’re at it, report Shirley Q. Liquor to http://www.fta.gov thx.)

EDIT: Yeah $0.001 is more than it’s worth, they could have printed billions of them, if in fact they are real (I am certain they are not, that’s why you should tell your story at that link I provided). Keep in mind, stock is only worth something if you can sell it. These shares don’t trade on any exchange, you can never sell ‘em (if they are even real, which they aren’t).

With real stock, if the company goes out of business you are SOL, and get nothing back.

Never buy penny stocks or non-traded stocks; they are all ripoffs, every single one.

This one is worse than a ripoff, it is quite illegal to offer shares like that.