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GLKCE Global Links Corporation (GLKCE)

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Last Post: 9/27/2017 8:30:02 PM - Followers: 5 - Board type: Free - Posts Today: 0

Global Links Corporation A Letter to our Shareholders "On February 1, 2005, the Company implemented a one for 350 reverse split of its authorized and outstanding shares of common stock. The number of authorized and outstanding shares of the Company's common stock following the February 1, 2005 reverse split is 5,428,571 and 1,158,064, respectively." (Released on BusinessWire February 2, 2005) What happened the first week of February, 2005 really took us by surprise. Our trading volume for the first (4) days of February was 143,463,600 shares. We only had 1,158,064 shares in the "float" and of these shares; the Depository Trust only had 929,277 shares. 4-Feb-05 0.02 0.04 0.02 0.02 22,471,600 0.02 3-Feb-05 0.00 0.02 0.00 0.01 37,044,600 0.01 2-Feb-05 0.00 0.00 0.00 0.00 35,993,100 0.00 1-Feb-05 0.10 0.10 0.00 0.00 47,954,300 0.00 What was particularly alarming was the way our stock plummeted from an opening price of $0.10 on February 1, 2005 to a low of $0.0008 in a matter of hours. It became very clear that we had no control of the volume or price of our stock in anyway. Outside forces were now manipulating our stock. I made a decision to stop any additional stock being sold by the company at this time until we had a better picture of what was happening. We closed the month of February, 2005 - maintaining our outstanding shares at 1,158,064, and a total stock volume of approximately 208 million shares. During this time, I received many phone calls and email messages from stockholders asking why the company is not issuing any shares and why they cannot get delivery of their stock. I received several email messages from shareholders, which was sent by their brokers indicating that share certificates could not be issued at this time because (a) the company is going through a reorganization and that the "company" was not issuing shares at this time; (b) the transfer agent was not issuing shares at this time; and (c) that the company is in a "chill" mode and that shares cannot be issued at this time. None of these answers are true. If you purchased shares in Global Links Corp., you have the right to demand delivery of your shares. If the shares simply do not exist, then the problem of Naked Short Selling will come to the surface. The broker that sold you the shares has to provide delivery of your shares. Exchange Act, Rule 10a-2 requires delivery of shares sold to our stockholders. Global Links Corp. was placed on the SHO list as of Friday, February 11, 2005 and has remained there since that date. The company and its shareholders have the right to expect a fair playing field. When illegal trading occurs, the company cannot meet its goals, and shareholder equity is diluted so that brokers can line their pockets with illegal cash. I cannot tell you how long this has been going on. If we had not completed the reverse of both our authorized and outstanding shares on February 1, 2005, we may never have discovered how blatantly our stock was being abused. Global Links Corp. is not the common penny stock company. We actually have millions of dollars in real estate assets. We are not going to fall apart because we didn't trade any stock for an entire month. Our goals may be postponed, but our future is solid. Many companies would have collapsed when their stock price drops so sharply and the number of shares being traded is so staggeringly high. I feel very fortunate that we were able to discover what has been hurting our stock price, and now, we will have a chance to correct this imbalance. As of today's date (March 15, 2005), our authorized still stands at 5,428,571 and our issued and outstanding common is 4,028,362. No preferred shares have been converted into common shares and no officers are selling any stock. This is not possible because our authorized would have to be sharply increased to accomplish any conversion. I cannot tell you how may shares have been sold or how many stockholders have demanded delivery of their shares. I believe that this number is much higher than the stock we have available. I strongly encourage our stockholders to demand delivery of their shares. If you would kindly forward a copy of any such requests to, this would give us a better picture of what is really happening with our stock. Thank you for your concern and loyalty to our company. Very truly yours, Frank J. Dobrucki President/CEO Global Links Corp.
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#105   Interesting... E-trade told me way back when, that After Dspetry 05/01/05 11:18:53 PM
#104 booyaka 05/01/05 06:17:27 PM
#103   The buyers still like this one. I was OC 04/20/05 04:36:48 PM
#102   Starting to move up again. booyaka 04/20/05 03:52:55 PM
#101   Damn...and now you go making me feel bad OC 04/19/05 12:11:35 AM
#100   Congradulations OC on making money here. mgland 04/18/05 10:55:05 PM
#99   Its not a run on sentance ... but OC 04/18/05 10:02:12 PM
#98   GLKC. A pink stock no longer on Sho mgland 04/18/05 08:32:35 PM
#97   GLKC not on sho list? Whats left but mgland 04/17/05 07:58:15 PM
#96   Well, we've gone pink... OC 04/15/05 10:08:28 AM
#95   Form 10-KSB/A tradetracker 04/15/05 08:01:05 AM
#94   sevenstepper. Saw it. Thanks. eom mgland 04/14/05 07:55:10 PM
#93   Looks like the "E" has been dropped. GLKC booyaka 04/14/05 07:19:24 PM
#92   mgland, why don't you post this one? sevenstepper 04/14/05 07:16:16 PM
#91 mgland 04/14/05 02:11:30 PM
#90   Lets hope this get's the ball rolling on just4fun2 04/12/05 04:55:25 PM
#89   Form 10-KSB tradetracker 04/12/05 10:55:15 AM
#88   Anybody know how many shares you can now sevenstepper 04/11/05 04:44:34 PM
#87   Anyone notice what happenned before the was amrca 04/11/05 04:11:40 PM
#86   Hey, I even added.... sevenstepper 04/11/05 02:58:31 PM
#85   I guess we are all holding. :) Han2004fl 04/11/05 02:48:07 PM
#84   Volume to day is very low.. Wow... Han2004fl 04/11/05 11:52:18 AM
#83   Here's a great read!!!! OC 04/09/05 06:31:06 PM
#82   I think it was tradsed about 140 millions Han2004fl 04/09/05 12:46:56 PM
#81   I think this has been done to alot tradetracker 04/08/05 06:16:49 PM
#80   GNET MM on the bid with a size eliaman 04/08/05 04:01:46 PM
#79   MMs are crooks.. so that's why. Han2004fl 04/08/05 01:39:34 PM
#78   No. The market doesn't work that way. Naked mgland 04/08/05 12:30:35 PM
#77   Because i'm not very smart..... Dspetry 04/08/05 12:23:55 PM
#76   why isnt nite forced to buyback all the eliaman 04/08/05 09:55:55 AM
#75 America to Dateline: Tell the Truth Now! Han2004fl 04/08/05 12:45:28 AM
#74   Maybe soon this could be us. It's Han2004fl 04/07/05 11:56:46 PM
#73   nite market maker has traded 114+ million shares eliaman 04/07/05 11:19:09 PM
#72   Han2004fl. Their history is self evident. mgland 04/07/05 11:09:23 PM
#71   As we all know since March 15 newsletter Han2004fl 04/07/05 10:59:45 PM
#70   IN THE MONEY: Global Links As 'Get Shorty' mgland 04/07/05 06:00:03 PM
#69   lol “Stockgate is getting interestinger and interestinger.” OC 04/07/05 01:33:33 PM
#68   4/7/05 - Financialwire: StockGate: DATELINE NBC Cancelled And booyaka 04/07/05 12:39:25 PM
#67   Holy Crap! A buck? I try not the OC 04/07/05 12:34:17 PM
#66   That's what I'm thinking, I've been watching this booyaka 04/07/05 11:54:38 AM
#65   very quiet today. I think that postpone Han2004fl 04/07/05 11:49:48 AM
#64   Good reading Han2004fl 04/07/05 01:33:20 AM
#63   it seems MMs tried to pull down in Han2004fl 04/06/05 09:15:49 PM
#62   I'm holding long on this one, I've been booyaka 04/06/05 07:31:50 PM
#61   I think we're definately hanging tough and if OC 04/06/05 04:22:37 PM
#60   Gosh that would be the talk of the Han2004fl 04/06/05 01:03:59 PM
#59   You mean this company has a CEO? ;) OC 04/05/05 12:05:18 PM
#58   has anyone gotten any email back from the Han2004fl 04/05/05 11:50:53 AM
#57   I really cannot believe all this time being sevenstepper 04/05/05 11:11:35 AM
#56   Looks like the bidwackers gave up early OC 04/05/05 11:01:56 AM