Gold and Gemstone Mining Inc (GGSM)

[cash4]

To those who try to get some insight about the share structure and some extras.

As of now this is what it looks like:

Shares Outstanding 543,932,501 a/o Aug 11, 2014
Float 494,126,251 a/o Aug 11,

Notice that 50 Mil shares is the difference between Outstanding and the Float.

Below is the list of the past Board of Directors/Financiers and the amount of shares owned:

Charmaine King 65,387,500 10.9%
Macallan Partners LLC 50,000,000 8.35%
Deer Valley Management LLC 27,000,000 4.51%
Tom Tucker 15,075,000 2.52%
Timothy Cocker 7,537,500 1.26%
Asher Enterprises, Inc. 0 0.0000%


With the exception of Tom Issac Tucker which held a total of 50 Mil and not just 15 Mil shares as it is posted.

http://www.4-traders.com/GOLD-AND-GEMSTONE-MINING-10912527/company/

The stock dropped as soon as the Directors stepped off including Charmaine King which was nothing but a puppet.

The drop was caused by the same Directors liquidating their position.

Everyone seems to be out, besides the 50 Mil shares missing.

That number could easily be Tom Issac Tucker and due to the fact that, he resides in Sierra Leone and he cannot register his Certificate with a Broker, or just because, he still believes in the company, we can safely say that dilution is over with.

The reason for the delay in the Quarterly Report only suggests (to Me) that, the company has no real interest to bring the stock higher than the current price, because as of now the shareholders in fact control the Float.

A company only pumps the stock when they need to liquidate their own shares, in order to raise funds.

So we have a choice of accumulating and take the matter in our own hands, as far as the PPS is concerned, or wait and play it by the ear.