Can I inquire on why you're looking for something so cheap? With your tone, you seem to be aware that you'll be getting crappy service.
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$1 per month doesn't make any sense as the transaction fees will eat a big portion of that $1. You can get a $15/year VPS though. I have also seen $10/year offers, but i haven't tried any of these myself.
So to sum it up - $1/month does not make sense for any sort of service.
$10-$15 (or lower for shared hosting) per year is possible from multiple providers.
you are right its more like 12/year sort of deals i would likely find. i have found a couple shared hosting plans so far at this $1/month price, both with live support that was online and replied promptly. though im not in need of VPS plans they would be awesome if there was some available for around 10-15 a year.. i just need shared hosting with many different providers