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Article on GBHL. Only a portion of the new authorized shares will be used to acquire the consumer products company.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170978308
If my math is correct 15000000000 times .0009 = $15.5 million. They could buy a good company with that much ?
Good bye low float and fast mover !!
Global Entertainment Holdings Announces New Developments In Growth Strategy
LOS ANGELES, CA, January 18, 2023 -- Global Entertainment Holdings, Inc. (OTC: GBHL) (the
"Company" or "Global"), an independent global entertainment content production and OTT streaming
distribution company has announced that the Company together with certain of its shareholders have
completed a Securities Purchase Agreement (the “Transaction”) relating to the sale of a majority of the
Company’s Series C Preferred Shares, which results in a change in the voting control of Global.
This Transaction will enable the Company to begin the process of acquiring, in a cashless exchange of
stock, a successful California-based company engaged in the manufacture, sale and installation of home
improvement products. As previously disclosed in its OTC Market filings, the Company has been pursuing
acquisitions for a Consumer Brands division that exhibit excellent potential for organic growth.
Additionally, the Company has authorized an increase in the Company’s authorized common stock to
approximately 15.95 billion to be used as a “currency” to fuel its acquisition strategy, a portion of which
such restricted shares will be used to facilitate the acquisition of the aforementioned California-based
company. Both the targeted operating company and Global have retained PCOAB registered audit firms to
conduct audits of both respective companies in anticipation of Global returning to SEC reporting status.
Gary Rasmussen, CEO of the Company commented, "The acquisition of this consumer products company
through the issuance of our common stock fulfills our previously announced plan to purchase a well
established and profitable business as a means of both diversifying our operations, as well as providing a
strategic advancement of our overall groth strategy to develop long-term value for our shareholders. Further
details regarding this transaction will be announced on a timely basis as they occur
Just another headfake...back to .001 mother fuc
the good thing is GBHL o/s in otc land is considered on the lower side of things compared to others out there that have 20 billion-30 bill etc so the risk is lower here and the last time an rs was done was in 2007 with a mild 10/1
Back 15-20 years ago the r/s was way more common but the ceo's learned that too many would scare off investor/traders later so they started going to higher o/s ...a/s and peeps just got used to it still making money even on those high ones.
Part of the risk game in the otc.
in 2009 I bought a stock that shortly after did a huge r/s and 1 share left sat in my account for years but then in 2019 decided to check it out again and discovered the share structure hadn't changed in a long time and was low.So just based on that slowly accumulated.....a rumor of a merger and then the reality of that happened and presto.....made more money on 1 stock than the previous 10 years.
So ......big risk......big reward......but imo.....most traders have the same experience you've had.....taken some blows and had some wins.
If someone would have nagged u on risk of an r/s u likely would have ignored that cause you were "feeling" great at the time.
the most valuable lessons come from your own experience
Pennyland ...meaning $2.00 and Under...is just like throwing your money out the window ...unless your able to short every stock. Sometimes it costs an outrageous amount to short 1 share of a penny stock.
Ran past a penny in the past year twice....I bought millions months ago ....and here I wait....FOREVER ! Why is it when I'm in a stock...it never, ever happens ????? WHY ???? I'll just buy a stocks day before a surprise RS and lose 40% in a fuckin day. I think the fuckin reserve split should be outlawed. You got a certain number of shares over an expended period of time...if you can't turn a profit in that amount of time....go fuck yourself.
GBHL....lookin like some group loaded up this morning
GBHL setting up for big run! $GBHL
WOW LOOK AT THAT BID!!!! DONT BE CHEAP HERE FOLKS, SLAP THAT ASK!!!!!!!! $$$$$$$GBHL$$$$$$$$$
26M bid just popped up at .0012! Party ready to get started?!? $$$ GBHL $$$
This is your loading zone folks! This one is a proven runner time after time just have to give it time! $$$ GBHL $$$
Yup! Now is when you want to load 25M! We have been here before and turned massive gains! GLTA $$$
Been waiting....YAWN
GBHL Market Cap Market Cap...1,242,515.....10/24/2022
Authorized Shares....1,950,000,000.....10/03/2022
Outstanding Shares....1,242,515,152...... 10/03/2022
Restricted...199,912,044...... 10/03/2022
Unrestricted...1,042,603,108 ......10/03/2022
Yes, kinda nice! I think we will see some loading here over this week… this one is always a good ticker for a spike and it’s long overdue!
We have movement.
Had many small runs over the years
Not many shares outstanding
Where is that 3rd spike to a penny. Never ,ever happens when I'm holding this POS...
Still in the teens, man this cannot get out of these levels
GBHL finally posted something..?
Might be time again uh
Global Ent Holdings tweet: Our June 30, 2022 report with OTC Markets was just filed: and can be viewed here: https://www.otcmarkets.com/stock/GBHL/disclosure
Our recent acquisition is disclosed in Subsequent Events (end of report). News to follow. @GBHL
also look at this: [img]http://pbs.twimg.com/media/FaOISpbWAAAD5BY?format=jpg&name=small
[/img]
Interesting….. buying is 3:1 today and volume has spiked big time! 16M in the 1st 2 1/2 hours…. $$$ loading $$$
Anyone here have Twitter and could ask these ghosts whats in the works?
Someone is really working this to keep it down…. They are loading it IMO! 20-200k sells at .0014 range. They are selling to themselves IMO! Trying to creat frustration for others to dump! GLTA because when this one blasts off it really goes! $$$
Will need a catalyst for that to happen! But very doable considering the low share structure! GL! $GBHL
Need that spike to a penny again. It's coming !
Np! Thanks $GBHL
Wrong ticker. Sorry. It was for GEG*P.
Where did you see that? Looked in disclosure on otcmarkets.com but couldn"t find it. Can you link the filing. Thanks! $GBHL
filed form 8-K on August 01, 10:40:23: Item1.01: Entry into a Material Definitive Agreement
RSI being reset this week and will be ready for a leg up next week IMO. $$$ coming into the OTC right now nicely! I’m calling a 3-5X run this summer here from this level!! Load em up!! $$$
Wasn't fake but a friend of mine who (doesn't know anything about trading and) who placed all his 6M (0.0017 ave) on the ask at 0.0022. I just found out and tried to explain to him the various scenarios here.
Oh WoW!!! look that fake ask of 7M @ .002 just went away?!? Someone is trying to head fake shareholders into selling and it’s not working! Long and strong here…. Buy them up now. L2 looks super thin!
NO ONE IS SELLING!! LOL! TIME TO SLAP THAT ASK AGAIN!! $$$$
More eyes is always good.
Made it into the 50 most read & most posted boards in the last hour on ihub
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