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Nope. because it implies that the money lost in a stock trading is equal to the money made in stock trading. And that is categorically and provably false. The indexes are not flat over the years. But then, the indexes are based on real companies whereas the OTC is mostly comprised of non-businesses.
Not true at all. Total BS. For ONE example, a dividend stock. The OTC is full of "traders" preying upon others and trying desperately to justify their actions.
For you to have "made" it, Someone had to lose it to you....because this company produces/ed nothing. The fact is that this is about again taking money from someone else, right?
Says the chartest. LMAO.
But you are right about the OTC being a game of hype and not fundamentals. GTLL is just another scam.
Yep....this Company says, in it's last financial statement, that it owns $22.2M in intellectual property as its assets. That consists of 2 abandoned 10 year old Patent APPLICATIONS that are WORTHLESS.
Typical ongoing scam.
It's just a scam. Assets: Intellectual property 22,200,000 -- Liabilities: Notes payable to related Parties 22,200,000.
This will never make a dollar....but if it does, that dollar goes to the "related parties". This is vintage Anderson scam stuff.
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My puts were in the low 60's. I exercised those options a couple of days ago in the mid 20's. Didn't do as well as you but I did very well on it. New issues are always volatile for a while.
He puts in his 2 hours a year.....and takes his $90K to do it. Better than the previous scammer who put in 2 hours a year and took $120K to do it.
This company was born a scam and continues to be just a scam.
I think they have largely gone elsewhere so they can blow smoke up each other's butts without any fact checking.
Roger and the rest of this (mis)management depend on this happening so they can continue to sell a couple of shares to them.
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Susan has been experiencing material shortages. Apparently her local grocery store is out of lumber and nails.
Those supply chain issues are a real Susan!
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It is also against the law and any price difference (Profit) would have to be disgorged.
NOTHING is keeping you from posting your political opinions on the site set up for that.
But not HERE! Buh bye!
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So feel free to post it on the other board. ANYTHING regarding "charges" against a president is political unless the charges involve this company.
Sounds like the time frame for an AMFIL "next week" audit.
Years to never.
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Nonsense. It is not that they "simply neglect" the shareholders. It is that they are 100% incompetent in ALL aspects of management.
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Sell it? Do you mean like for over a million $? A company that has never made a penny in it's life and depends on shareholders to pay it's bills? A company with a blistering $300K/yr in receipts? Naw....it would be cheaper for someone to just buy a pickup truck and lawn mower and start anew.
The they would at least own a pickup truck and lawnmower.
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IPR "challenges" beg the question: Does the challenger think he is infringing on that if it is a valid claim? Why else challenge it?
Is it March 16th yet? Maybe right after the Audits are completed?
They are just 100% incompetent thieves. This had a chance when they diluted themselves out of the majority....so they then just stole another $5M worth of stock so that they could retain their control....and insure this company is always managed by incompetent thieves.
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After years of being lied to there are many here who will declare Roger to be an open, forthcoming and honest guy after his next PR.
Because they are idiots.
The "big boys" steal IP and "win" by attrition. I have witnessed them string out infringement cases 10 years or more. They simply starve out the real inventors. Seems that if they believed they were innocent, they would want the case, and the costs of defense, to be over as soon as possible.
If they are registered shares, it can be waived. If they are 144 shares, a 6 month restricted period can't be waived.
So then. Rich is very excited about this? Seems like you expect he would be depressed or sumthin'.... Because you know more about the company inner workings than he does?
I think it is amazing that "management" claims they have reduced the stock, even more so when some believe it.
In the whole 10 year life of this company, there has never been any formal activity except for scamming. Just waiting for the next scam PR.
There is no fixing stupid. This "conversion" will convince many that there actually was a reduction in equity.
A preferred share that is readily convertible into unrestricted commons is functionally identical to a common share EXCEPT it has preference over those common shares in the event of a restructuring or dividend distribution.....ie, it is more valuable.
Wednesday, January 24, 2018 1:32:54 PM AMFE Share price $.193
I enjoyed it!
Wow....you have been negative on this stock since it was $.12?
The Snakes and Lattes concept is great (in my opinion) and that makes many overlook the ineptitude of it's management. And once that is overlooked, kiss your money goodbye.
There are tens of thousands of examples of great concepts that never went anywhere because the importance of experienced management was never considered, thinking the product would just sell itself and be a success just because it was "a great idea".
And our management is the WORST!
This is a classic case of them wanting to control 100% of it, including the right to gift themselves all of it if they want to. They have already evidenced that with their previous "gifts" to themselves, stealing control from the shareholders. Those "gifts were worth over $5M. They will not give up that claimed "right" for anything, including getting qualified executives. Simply put, they would rather have 100% of 10% of potential value than 10% of 100% of potential value.....because they WANT that 100% more than anything.
These guys are just lightweight scammers destroying shareholder value for their own benefit. They have ZERO qualifications to run anything....except a few previous companies they have run into the ground.
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Made my point. Your OP was bullshit. The 8K did not show any contracts proposed or otherwise. It CERTAINLY did not show that GTLL had any contracts. Inference that it did was just a pump as it was a false statement.
Do you mean like the rank "speculation" that the 8K shows GSA contracts?
Yeah....the "cherry picked" reference to the VWAP was the highest it has been in weeks. That was why I said it was a good day for Turdsville.
So you didn't even read it, the part about the new "management" taking ANOTHER 70% of the company from existing shareholders?
How pathetic.
Yes....and in other words: If they live up to their promises, they will give themselves almost all of the shareholder equity for doing so.
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