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Will scottrade lift the hold?? Nothing I can do.... can't buy can't sell etc...........
"it trading but I cant buy b/c of scottrade DAMN! .0008x.0009"
Lucky for you that you couldn't buy at .0008x .0009.
Remember I told you to wait for a while and you could buy at .0001
which is getting close at .0003.
Had to be "fat finger" for .001 ?
(been hitting 3-4 ties per week)
Still shoing same BID of 6, and ASK of 8?
?? is it over?? Scottrade will not let me trade this buy or sell etc... nothing
All news/PRs after July1,2010 DISAPPEARED !
Gone / REMOVED ??? :
http://finance.yahoo.com/q/h?s=GGMC.PK+Headlines
L2 BID has 3on6, and 8,9,and 1 on ASK ?
L2 "last sale" does show 817,000 at .0001 ???
.0001 EOD ?
Fat finger or this DONE ?
Can find NO news ???
what the hell happen, ggmc is down .0001 now.
thank you for the info tell them to un-lock it lol 3mm vol today
"it trading but I cant buy b/c of scottrade DAMN! .0008x.0009"
That's lucky for you.
Just wait for a while and you can get it for .0001.
But then look out for the big RS!
I called they talk about it a Global Lock and that it's having trouble clear. I just hope it can hurry up so I can trade.
They wont let me sell my shares. I do not understand why I can't sell ???? I should call ... yaaaaaaaaa
it trading but I cant buy b/c of scottrade DAMN! .0008x.0009
"Scottrade won't even let me dump it at all?"
And they probably won't until GGMC bets rid of "Caveat Emptor (Buyer Beware) label" See below.
That's the price you pay for investing in these Stinky Pinkies.
OTC Markets has discontinued the display of quotes on www.otcmarkets.com for this security because it has been labeled Caveat Emptor (Buyer Beware) and because adequate current information has not been made available by the issuer of the securities.
OTC Markets has removed the quotes from this website until adequate current information is made available by the issuer pursuant to OTC Markets Group's Guidelines for Providing Adequate Current Information (PDF) and until OTC Markets believes there is no longer a public interest concern. Investors are encouraged to use care and due diligence in their investment decisions.
http://www.otcmarkets.com/stock/GGMC/quote
Scottrade won't even let me dump it at all??? I have never seen this.. Scottrade has it showing up in parentheses
"it won't be where it is today for long !"
You were right, down 40% today!
my Scottrade showed up today with the parentheses (GGMC) what does this mean??? Can we not trade it?? is it all done?? I have never seen this??
CE has been there...
Nothing new...
Something is happening - one way or the other -
it won't be where it is today for long !
I assume it's because Pink Sheets has the dreaded "CAVEAT EMPTOR" label on them. (See below)
http://www.otcmarkets.com/stock/GGMC/quote
OTC Markets has discontinued the display of quotes on www.otcmarkets.com for this security because it has been labeled Caveat Emptor (Buyer Beware) and because adequate current information has not been made available by the issuer of the securities. It has been labeled Caveat Emptor for one of the following reasons:
Questionable Promotion — The security is being promoted to the public, but adequate current information about the issuer has not been made available to the public.
Spam — The security is the subject of spam promotion having the effect of encouraging trading of the issuer's securities.
Investigation of Fraud — There is a known investigation of fraudulent activity involving the company, its securities or insiders.
Suspension/Halt — A Regulatory Authority has halted or suspended trading for public interest concerns (i.e. not a news or earning halt).
Disruptive Corporate Actions — The security or issuer is the subject of corporate actions, such as reverse mergers or serial stocks splits and name changes, without adequate current information being publicly available.
Unsolicited Quotes — The security has only been quoted on an unsolicited basis since it entered the public markets and the issuer has not made adequate current information available to the public.
Other Public Interest Concern — There is, in OTC Markets' view, a public interest concern.
Consequently, OTC Markets has removed the quotes from this website until adequate current information is made available by the issuer pursuant to OTC Markets Group's Guidelines for Providing Adequate Current Information (PDF) and until OTC Markets believes there is no longer a public interest concern. Investors are encouraged to use care and due diligence in their investment decisions. Please read our Investor Protection page for more information.
BID also just UPPED to .0007 ...
Anyone ???
Just a NO volume day ?
Screen BLANK all day,
Questioned if "halted", but I see a BID & ASK just now re appeared, and last BUY yesterday +41% ???
Funny this comes up for TODAY...
http://www.google.com/url?sa=t&source=we...
Too good a Company - Parsinia could only wish this was his, and he obviously did not get a
trademark/patent on the name !
"What happen to this stock? Scottrade has it showing up in parentheses."
Surely you jest!
Lets see, Parsinia gets arrested in an FBI/SEC sting, Pink Sheets has the dreaded "CAVEAT EMPTOR"
label on them (See below) and you have no clue as to why Scottrade has it showing up in parentheses???? I hope you didn't invest to much in this GGMC scam!
http://www.otcmarkets.com/stock/GGMC/quote
OTC Markets has discontinued the display of quotes on www.otcmarkets.com for this security because it has been labeled Caveat Emptor (Buyer Beware) and because adequate current information has not been made available by the issuer of the securities. It has been labeled Caveat Emptor for one of the following reasons:
Questionable Promotion — The security is being promoted to the public, but adequate current information about the issuer has not been made available to the public.
Spam — The security is the subject of spam promotion having the effect of encouraging trading of the issuer's securities.
Investigation of Fraud — There is a known investigation of fraudulent activity involving the company, its securities or insiders.
Suspension/Halt — A Regulatory Authority has halted or suspended trading for public interest concerns (i.e. not a news or earning halt).
Disruptive Corporate Actions — The security or issuer is the subject of corporate actions, such as reverse mergers or serial stocks splits and name changes, without adequate current information being publicly available.
Unsolicited Quotes — The security has only been quoted on an unsolicited basis since it entered the public markets and the issuer has not made adequate current information available to the public.
Other Public Interest Concern — There is, in OTC Markets' view, a public interest concern.
Consequently, OTC Markets has removed the quotes from this website until adequate current information is made available by the issuer pursuant to OTC Markets Group's Guidelines for Providing Adequate Current Information (PDF) and until OTC Markets believes there is no longer a public interest concern. Investors are encouraged to use care and due diligence in their investment decisions. Please read our Investor Protection page for more information.
I have scottrade mine looks the same??? don't understand??
What happen to this stock? Scottrade has it showing up in parentheses.
"Doubt P/R would have been put out or progress on JALB deal if he was tied with legal fees."
Parsinia is still in charge as far as I know. At this point he's only been charged, no plea agreement or sentencing yet. I'm sure that will come soon enough though since he was caught redhanded in the sting operation. I'm sure he won't be with GGMC or any other public company (See number 9 below) for much longer.
Here is the SEC complaint;
http://www.sec.gov/litigation/complaints/2010/comp-pr2010-187-wilcox.pdf
Note these sections pertaining to Parsinia;
4. With Mellone acting as the middleman, Parsinia paid an illegal kickback to the trustee so he would purchase approximately 1.65 million restricted shares of Zcom stock. Days later, Parsinia paid another kickback for an additional purchase of 1.67 million shares of restricted stock. Mellone received a $1,000 kickback for each of the transactions.
6. In each instance, the Defendants attempted to conceal the kickback by entering into a consulting agreement with a phony company the trustee purportedly created to receive the kickback. Unbeknownst to the Defendants, the company was a fiction the FBI created for this sting.
7. Mellone, Parsinia, and Wilcox created these schemes in an effort to generate the appearance of market interest in their respective companies, induce public purchases of their stock, and rapidly increase the stock’s trading price.
8. As a result of the conduct described in this Complaint, the Defendants violated Section 17(a) of the Securities Act of 1933 (“Securities Act”), 15 U.S.C. § 77q(a); and Section 10(b) and Rule 10b-5 of the Securities Exchange Act of 1934 (“Exchange Act”), 15 U.S.C. § 78j(b) and 17 C.F.R. §240.10b-5. Unless restrained and enjoined, they are reasonably likely to continue to violate the securities laws.
9. The Commission respectfully requests that the Court enter: (1) a permanent injunction restraining and enjoining the Defendants from violating the federal securities laws; (2) an order directing the Defendants to disgorge all profits or proceeds they received as a result of the acts and/or courses of conduct complained of, with prejudgment interest; (3) an order directing the Defendants to pay civil money penalties; (4) an order barring Mellone and Wilcox from acting as an officer or director of a public company; and (5) an order barring Mellone, Parsinia, and Wilcox from participating in any offering of penny stock.
I also show NOTHING for Dade :
Where originated on 10/7/2010 : http://www2.miami-dadeclerk.com/public-records/Search.aspx
Should show any update ?
No evidence of conviction or especially jail time.
If he doesn't beat it (Wilcox was caught) - maybe fine/probation only...
IMO...
"He informed Wilcox and Alex Parsinia of Calabasas, Calif., about the purportedly corrupt trustee, and both agreed to replicate the scheme for their own companies. Mellone demanded and received a $1,000 kickback from the witness for each completed restricted stock transaction he initiated."
: http://www.google.com/url?sa=t&source=web&cd=2&ved=0CCQQFjAB&url=http%3A%2F%2Fstockmarketlawsuit.com%2Fsecuritiesfraudlawyer%2F%3Ftag%3Dalex-parsinia&ei=eSo7TcflFMXflgfVsNjqBA&usg=AFQjCNFs-jCHcespt4ahwNiX9FRuFtLc7g
This was listed Oct 7, and ONLY as the group of 4 others:
http://www.google.com/url?sa=t&source=web&cd=4&ved=0CC8QFjAD&url=http%3A%2F%2Fwww.sec.gov%2Flitigation%2Flitreleases%2F2010%2Flr21691.htm&ei=eSo7TcflFMXflgfVsNjqBA&usg=AFQjCNFhdZ1KPFOAl7xw6dx-81C0G2TlOQ
and still GGMC had P/R Nov 1 on "Sales agreement with JALB Media" :
http://biz.yahoo.com/prnews/101101/sf92143.html?.v=1
Doubt P/R would have been put out or progress on JALB deal if he was tied with legal fees.
IMO....
GLTA
"RUMOR ... Stock mite run tomorrow .. I mite play it in the AM .. IMO .. play u the momo"
Looks like your rumor about GGMC was right, only it ran the WRONG way!
RUMOR ... Stock mite run tomorrow .. I mite play it in the AM .. IMO .. play u the momo
I do ...
IMO
It will...
We need an update on the suit, but he suposedly had a lot in the works here.
"Works" in penny world may not ever come to full fruition, but P/Rs, and process seem to drive this one up.
I was "trapped down" after r/s, but averaged down, feel confident, and will wait...
GLTA
Do you think this will still run again IMO only !! ??? thxs
Same with Cuomo / Rattner :
"Pension fund kickbacks"12/10/2011 :
http://www.google.com/url?sa=t&source=web&cd=5&ved=0CDIQFjAE&url=http%3A%2F%2Fwww.autoblog.com%2F2010%2F12%2F31%2Fcar-czar-rattner-settles-with-cuomo-over-pension-fund-kickback%2F&ei=sKY4Td-AKMbOgAeriunkCA&usg=AFQjCNFBNm2Rp4pz3K15FAHmi8DEcOL-LA
Open the link and scroll down the list of names.
NOTE: Date of Investigation
Could these be charges additional to the SEC Investigation?-TB
In U.S. v. Alex Parsinia, 10-60293-Cr-KAM, Parsinia was charged November 16, 2010 for his participation in a pension fund kickback scheme of publicly traded ZCNW, in which he as President and CEO, and also owned and controlled millions of shares of its common stock. The case is pending.
http://www.justice.gov/usao/fls/PressReleases/101206-02.html
........
Hey they have a cool new web site..
Of course the Marketcap is low...the co is worth nothing.
No revenues, so what do you expect.
Maybe in 2 a 3 years, when Dr.Parsinia is out of jail...:)
Learned can't "LOOK for it" on this one...
Just need to be patient.
I like the new website,
and market cap is SO low right now.
When do we get some news??????
So Loniee ?
It's better than just being stuck...
Haven't heard or seen negative on charges, and doubt would move "foward" with this...
Been here far longer than anticipated...
I can wait.
GLTA
...I love this part on the home page
...........
Although Global Gateway Media & Communications, Inc. has had some volatility in its past 2 years, it appears that the Media Broadcast Company is finally ready to take center stage in the market place. The Company’s studios in both Los Angeles, gives its top tier partners a better selection of its productions, whether it be for production of shows shopping network and other contents. Global Gateway Media also prides itself in its Home Shopping Network Business, as well as being a producer of live shows, auctions, commercials, and infomercials. President and CEO Dr. Alex Parsinia said, “Our corporate Strategy is growth through capitalizing on our core business of media broadcasting as well as synergistic acquisitions.” With this strategy, Global Gateway Media can explode at any moment
...............
Yep thats what happens you dilute it to nothing and the R/S it over and over and over again...Filings show it all..
What is going on with the sec charges? I don't see that anywhere on the web sight?
Dante64 check out the New Website what do ya think!! lol
The WebSite is NICE.. It looks really good.. GO GGMC!!!!!
Nice website !!!
So we will se news / not shut down.
Glad I added / averaged down
GLTA
All good ! In Time... thxs
Leaning towards news of JALB...
IMO
Regardless of how he "runs" it up - he runs it up !
No choice for me either - not worth selling at this level yet...
GLTA
Trucking Angler what do you think about the website going down?? or is this dead??? I hope not.... imo thxs!!
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Global Gateway Media & Communications, Inc. is a media and communications focused company. Through its subsidiaries and holdings, it has two core businesses: Media Broadcasting (http://www.tmtv.us) and Shopping Network (http://www.tmshoppingnetwork.com). The company owns and broadcasts various programs from its own TV studio in Los Angeles, CA. The company's Satellite TV broadcasts, "Talk Money TV" and "TM Shopping Network," reach nearly 10 million potential viewing households in the US, Canada, and Mexico, as well as Central America. Through its strategic alliances, the Company's IPTV program has a global reach. For more information, visit http://globalgatewaymedia.com/.
Dr. Alex Parsinia | President |
Randi Halsen | VP, Mkt. |
Sarah Parsinia | VP, Ops. |
PinkSheets Info:
http://www.otcmarkets.com/stock/GGMC/quote
Latest Report | Sep 29, 2010 Interim Financial Report |
Share Structure:
Market Value1 | $947,267 | a/o Oct 26, 2010 |
Shares Outstanding | 861,151,699 | a/o Sep 24, 2010 |
Float | 151,993,197 | a/o Sep 24, 2010 |
Authorized Shares | 5,000,000,000 | a/o Sep 24, 2010 |
Short Interest | 250,012 (2,083,333.375%) Oct 15, 2010 |
Legal:
www.sec.gov/litigation/complaints/2010/comp-pr2010-187-wilcox.pdf
S.O.S filing
nvsos.gov/sosentitysearch/CorpDetails.aspx
Transfer Agent
Action Stock Transfer
7069 S. Highland Drive
Suite 300
Salt Lake City, UT 84121
(801) 274-1088
Company Website:
http://globalgatewaymedia.com/
Contact:
Alex Parsinia, Ph. D
818-914-4450
Chart:
Rules: Everyone is welcome to post their thoughts and insights concerning GGMC, favorable and unfavorable. Please, do not question the motives or the agendas of your fellow posters, call them pumpers or bashers, or insult them. When that happens, the moderators will delete your message and any useful information in it will be lost. Speak freely about the stock, not each other.
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