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PLO4, sorry i ask this, but why you don't post here something good or bad you may know? (more than we) we are poor too.
Im interested too. gmtb3@yahoo.com
I'll keep you informed.
It possible but highly, highly, highly unlikely. If my shares of another stock aren't sold by weeks end, I'm going to plan B and I hope you join me. If interested, send me your email.
So, is it even possible that trading will ever resume on this stock?
Obviously it was a mistake, they are the new kid on the block selling shells. I still have some Michael Anthony shells from when he was the hot shell seller, then one day, poof, he was gone. They also have changed a lot of the rules for pink shells in the past few years, much more restictive then they used to be. Buying a shell is the same as buying a lotto ticket, most likely you will lose but sometimes you win big.IMO
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This guy is posting false info, it's not a hijack as he's been posting. There are many groups and/or lawyers that find public companies that are basically dead and they appeal to the court to take them over, happens all the time. In this case, it looks like they got a batch that weren't up to date in some way and they aren't able to get whatever they need to clean them up. Everyone on ihub wants to be in the next shell that's reverse merging into a million dollar company, sometimes you make out like a bandit and sometimes the deals go south, just part of the game.IMO
No news no trading toaday, does anyone see a light in the tunel?
Just remember there are honest investors that paid hard earned cash for shares and now there worthless. If you are so keen to prevent people from getting scammed then why don't you look at the whole system - brokers and MMs are making good money trading in illegal shares/goods - and never have to pay back their profits. What kind of justice is that ? and No retribution for the grieved party,great protection for the shareholder. Absolutely disgusting
gm
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Thats easy for you to say when don't have legal shares in the legit company and they have in effect been written off. Glad your getting your rocks off to all this.
gm
what they are doing is closing it down so no one else gets taken. unfortunately thats how the SEC works. they dont take into aaccount prior or current shareholders at all. nor should they. their goal is to stop the scamming
Exactly - yet it is so made so easy for crooks to highjack small companies and then the SEC steps in after everyones made their money and penalises the original shareholders and company. I say again why does the SEC penalise the original/legal company who's done nothing wrong? Thet must know what the share structure was before the company was hijacked. So re-set and go after Mina for the money they have made from dumping illegal shares and distribute to the wronged shareholders.
gm
no one could hijack microsoft LOL
So your saying if someone tried to hijack micsoft or IBM they would take the same action - and turn it to a grey without any MMs trading . Ye right.
The bottom line the brokers and MMs who have profited from selling these shares in the market also get off with it scot free - why shouldn't they have to pay back the profits/margins they have made in trading illegal shares.
The SEC have allowed these scams to run their course for decades and have done nothing to prevent it. When you have a system that can be easily abused then it will.
gm
well the SEC doesnt really care about the shareholders that already bought. they care about preventing any others from being burned. I know that sounds harsh, but that is the reality of it
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GREAT! Just great. :(
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they didnt high jack anything probly just miss a filling dead line scottrade says gmdp will resume trading tomarrow lets see what happens jmho !!!!!
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Good job 'movin" good post, good reply, as I was thinking if not tomorrow then Friday. Lets all hope.
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I think tomorrow minute(s) before the market open the price will be corrected, (or Fri.) with news?
The other 5 suspended shells are still showing no trade activities except for GMDP at 0.0001. Hope it is just an error. Who knows..
People, the day of suspension they mention till May 6, so I think if not tomorrow then Friday will open with different price and news as well.
I have a number of reasons to want to get out, first and foremost to not lose money and not stress out!...lol. However, you have some valid points that I will consider. I also wouldnt mind using the money to get into some potentially more lucrative stocks, as I see it. I would not sell out at .0001; I meant I want it to correct itself by going back to .0047 and then get out; sorry for the confusion. What's your gameplan on this one now? Where do you see it, in say, the next week to 10 days?
I hope 0.0001 is just an error or something. My account is stil showing the previous balance. Don't know what is exactly going on yet. Hope it won't affect the potential mergers. Anyway, it just sucks for going through all these.
I wouldn't get out right away. Why? You suffered through all this, don't sell at .0001. Their filings were late, then they fixed it. This happens ALL the time with pinks and OTC. There may still be mergers in the works. Don't sweat it yet. JMO.
GMDP 0.0001 0.00 0.00 103,562 0.00 0.00
From Scottrade
This is BS.
No bid no ask 2 sales @ .0001 wtf!
Bank of America also it listed @ .0001
Yes, my scottrade shows the same...I have been scouring boards and google for news, nothing yet, its cost me about $1K at this point. I hope it corrects itself soon so I can get out!
My etrade is showing a new value for GMDP at .0001 (last trade) however there is no bid or ask price. Shows 103,562 shares traded. Anybody have any info on this?
So, when will start the tading again, did they mention till May 6 or this means something else.
This is why gmdp was suspended
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49664151
the revocation was reinstated the suspension was NOT
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Sorry people, the news that was referred to is just the repeat of previous 2 news. Sorry for this confusion.
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no news listed for today at all.
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thats interesting, aol finance is returning invalid ticker for gmdp
i dont see any news
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Global Medical Products Holdings Inc. is a technology company specializing in the development, manufacture, and distribution of cardiovascular and body fluid-related products for the growing worldwide medical market. The Company focuses 50% of its revenue base in China and 50% in North America and Europe.
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