InvestorsHub Logo
Followers 43
Posts 4091
Boards Moderated 0
Alias Born 03/13/2009

Re: vanguard62 post# 91797

Wednesday, 03/06/2013 12:27:29 PM

Wednesday, March 06, 2013 12:27:29 PM

Post# of 162660
Further clarification...

The $50k in revenue that GDSM made was a private transaction to an investor and not a direct to market sell.

The majority of shares that are being claimed as sold were actually not "sold" but instead were issued at a discount for services (accounting, audits, prep for uplisting). The company or companies that received the shares sold them and received their compensation for the services that they are providing. GDSM neither received nor is "hiding" large sums of money from shares that they sold.

The issuance of shares for services is common practice for companies and common knowledge for investors in this market.

GDSM has over 1000 investors at any given time. With that many investors, it is not unusual (or difficult) to see millions of dollars in volume trade when the stock is actively trading.

There is no fraud. It is just business. It is not GDSMs responsibility to explain to unknowledgeable investors how business and the market works.

All IMHO

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent GRLF News