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My dog died 11 days ago, he was frequently sick and had to go to the vet a lot. In his case, he was a shaggy, double coated dog, that hated and fought any vet procedure. So if they wanted to do a heart worm test on him, they would need to shave his leg because it requires a venipuncture. Last time they did a venipuncture on him, they also shaved his top layer of skin off as well when he was struggling. He was in pain for like 2 weeks from that, in addition to all of his other pains. Not to mention, he had arthritis and dogs with really bad arthritis, their veins tend to collapse, so finding a vein can be a painful and difficult process.
GIPL has the potential to completely eliminate this procedure for dogs. There is no one else that I'm aware of doing that, so its pretty huge as heartworm tests are a very common procedure, that's why they could revolutionize the whole industry, any pet own will choose a breath test over a blood draw any day.
If you've not done so already, I would urge you to read and to understand that 1A/A ,especially the Risk section .
There is much in there.
Also, I have never understood exactly why this company went through all the hoops it went through to be a public company back several years ago. Many who were holding shares of the previous incarnations were burned very badly by a reverse split. Getting transparent, important info to which any shareholder should have had access was met with silence.
I can only assume the benefits of ending up with very minimal reporting requirements combined with the confusing birth of the current incarnation are somehow desirable.
Mr. Brown, I believe, has means to have set up much of what now does not look so great (for a person on the outside looking in) in a much simpler and clearer way, yet chose the path now presented in the 1A/A.
So why am I here at all? At the end of the day, I am an animal lover at heart. I think many species, humans included, may benefit from the advances GIPL may soon have to offer. That simple.
THV
I'd be tempted to buy private placement shares if they did a crowdfunding round, especially since you can't get anything on the open market at all. I'd need to see some sort of data on how well their product works first, however, if it does work, it has the potential to revolutionize the veterinary industry IMO.
This is my understanding.
Also, in their 1A/A of 4/04/25, they're looking to sell 3M shares of common at $0.25/share to accredited investors .
So, that, too, may well end up being restricted, not floating, shares just like the 39M already issued .
What fun, eh?
Thv
$GIPL: FLoat of only 32k ????
Woahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh
https://www.otcmarkets.com/stock/GIPL/security
Thats pretty low
GO $GIPL
I saw that, but some times it ends up being something different by the time it's approved and enacted.
Glad to share. Will be interesting to see what the price of the Offering ends up being, once it kicks off.
Well, I must study this closely. Thanks for posting. I'd seem the alert, just haven't looked at it yet, thanks!!!
Thv
Well, I must study this closely. Thanks for posting. I'd seem the alert, just haven't looked at it yet, thanks!!!
Thv
Nice, that's one of the most comprehensive 10K's I've ever read, its really more like what you'd expect in a Super 8K. If this heartworm breath test really works, the ability to make heartworm testing a simple, inexpensive, non-invasive, routine procedure would be probably one of the biggest advances in veterinary medicine in years. They should do a crowdfunding round here, I think this is something that would appeal to pet lovers.
Form D filed, looks like he's raised $311K here recently. I'm not entirely sure if that's for Vet Breath or if this is like a mini-SPAC, where they are raising $$$ while looking for a merger, its not really 100% clear.
https://www.otcmarkets.com/filing/html?id=17917451&guid=mvL-kp_nQEd-B3h
Thanks much, I'll check it out.
I believe this is new, he may be looking at selling this and using it in a reverse merger instead now.
https://ir.giplinc.com/
Late rise this morning. Thank You
Back to Pink Current Info today
I believe that was the last filing we were missing, should go current maybe tomorrow but there will be no grace period if they fall behind again, they will just go straight to EM, as they need a 211 review. They could uplist to the QB and they would get a 211 review from OTC Markets, thats likely the faster way to go for them to regain PQE.
https://www.otcmarkets.com/stock/GIPL/disclosure
Were able to sell 2M shares in EM.
I had not looked in a couple weeks either, so was a pleasant surprise to see them start filing again.
The tech sounds pretty cool and given Andrew's previous massive success with Doorstep Delivery, I would not think it too difficult for him to find investors. Still kind of annoys me that given his $$$'s he let the filings lapse, there are many penny stock's out there, that don't have a pot to piss in, yet they still continue to file in a timely fashion. He probably could have looked in the couch cushions of his multi-million dollar home and scrounged up enough to file....lol.
Thanks Much, I hadn't looked since July. I'll keep an eye on it.
Seems like last I heard, they weren't worried about getting current, but wouldn't rule out do it in the future.
At the time, I think they were just filing what they needed to, to satisfy investors.
Maybe they got one/some from that Feb. 8-K and now they'll proceed?
Looks like they are working on getting current again.
https://www.otcmarkets.com/stock/GIPL/disclosure
I know what you are saying about being Current while raising capital. But if he's not just raising funds from the public at large, as in, it's more focused on people or groups that already know of each other, he must not think anything more than that most recent filing, is necessary???
I'm hoping that if he does get an initial round of financing, that will bring him back to the public markets for further rounds.
I think he'd have better luck raising $$$'s if they were current, rather than the EM. He should have never let the filings lapse in the first place but I guess he has his reasons. He sold his last company for $300M+, surely he could have scrounged up a few bucks to continue to file. Perhaps he could bring Will onboard as an investor.
Andrew and Will started one of the first national food deliver services, Doorstep Delivery, long before UberEats or Grubhub, so he seems to have a good vision. This new tech he's rolling into GIPL looks interesting to me, there are not a lot of details on it but if it can detect liver and kidney problems in animals it could be a game changer, since its non evasive, unlike blood work. NSAIDs are probably one of the most, if not the most prescribed dog medicine, all dogs on this need regular blood monitoring for liver and kidney damage, so if this can detect that, then it could be huge. There is nothing else like this tech out there that I could find.
SS Record as of this date:
OS - 25,150,112
RS - 25,117,966
UR - 32,146
DTC - 22,112
They were dead and on the Expert Market for more than a year. A couple of months ago, they caught up their filings and came back to Current, but only for a couple of weeks. Then went back to the E.M. again.
I think they were put back at Current prematurely and that's why it was taken away. Meaning, they actually were not "caught up".
This new guy running it, does have a business to introduced to the ticker, but it seems that the plan is slow to come together, which includes the financing.
It appears that he is trying to get financing while still in the E.M., but hopefully, he will eventually bring it back to Current.
I bought some more during that "couple of weeks", that brought my avg. down dramatically. I'm down to $3 now.
Is not this company dead...After last RS I am holding 20 shares @ $71
I can't believe they fell behind in their filings, now when they come back they will be unsolicited quotes and will need a 211 review. It should not have been a matter of money Andrew is loaded, he sold the last company he founded with his buddy William Moore for $330M.
Im going to do a deep dive on the technology theyve come up with. I must get a better understanding of how it works and how accurate/reliable it is.
If its halfway decent itll be a gamechanger. Theyre lookin to raise about 1M to get the ball rolling in a meaningful way. I bet they get it.
THV
8K out yesterday, new website and investors presentation, so it looks like they have not given up on this one yet, I guess they just got behind in the filings.
https://www.otcmarkets.com/filing/html?id=17243035&guid=Kmd-knf_5YzG-hh
http://www.vetbreath.com
I did call the company today. Its good to know in the company in which you may be interested has a working line.
I only got voice mail, so i will be interested to see if i get the simple courtesy of a return call.
Will report back if and when.
As for company access to otc status queues, good question. I would doubt it, but I do not know for a fact on way or the other.
THV
Too funny. Especially that you saw Current again today at some point.
I know it was EM early this morning.
I really don't know how it ever was Current in the firs place. (Last month) When I first saw it, I just figured that there were other filings in OTC hands, but just not posted yet.
Anyway, with what is there to read now, I'm still hopeful that they are bringing it back to Current status.
Thanks for the info.
PS: Never thought about this, but wonder if the company has access to change it to Current, but OTC steps in and changes it back?
I called my broker today as GIPL was still showing as Pink Current while the broker had it as EM .
i was put on hold as the broker " looked into it."
While on hold, otcmarkets chsnged the status of GIPL to EM.
how about that!!!!!
thv
When looking at the filings in 23', I have to think that they will be getting Current, but OTC threw us a curve ball.
I'll be buying more, as I am still holding the post split shares from AAWC before it became GIPL.
Then before they went to the Expert Market, I added to that just below $5. (There was a very wide gap)
When they came out of Expert, I added a few more, just probing.
After that, someone else knocked it down to .10.
I haven't bought that many since the split, but once they get their poop together, I'll also get more serious.
GLTU
....and, with all the status changes, my buy orders now cancelled .
What fun. thv
https://www.otcmarkets.com/stock/GIPL/disclosure
Even before that, I wasn't sure how they got Current status, when the filing on 12-12-23 was for June 23'.
https://www.sec.gov/ix?doc=/Archives/edgar/data/1837774/000173112223002229/e5253_10q.htm
Thinking OTC caught their mistake, but hopefully there's more coming.
I am looking at otcmarkets.com website and the current status is Pink Current. 12:36PM Thursday 1/4/24.
Not sure what is going on here exactly.
THV
Don't know if their getting back Current was just a maneuver of some sort, or if they just got behind again on filings, but unfortunately they are back on the Expert Market.
Glad I only spent $100 probing the MM's resolve when it was at $9.5 PPS. I took it to $1 per shares, but after not seeing any other progress, I waited.
Someone else took the PPS to .10.
Pink and current, well what do you know!!!
thv
Gonna try to piece together a few shares of this microscopic float! Will I be getting those 1 share-at-a-time fills?
1 more share traded. Not sure why he bought the ticker, unless he's trying to collect as many surrendered shares as possible, with this low SS?
https://www.otcmarkets.com/stock/GIPL/security
One more share traded. Don't understand why this guy even bought this ticker, unless he's just trying to get as many shares as possible turned back in, before he launches something?
https://www.otcmarkets.com/stock/GIPL/security
Something anyway: https://www.otcmarkets.com/filing/html?id=16482750&guid=WRA-k6fu0RKfJth
33 shares bought on the Expert Market.
Bummer lol: Expert Market Delinquent SEC Reporting
Sorry for repeat post. Please disregard.
Seems as though I've heard that recently. lol
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170907964
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