Global Seafood Technologies, Inc. (GSFD)

[splintered sunlight]

LOL

Probably

[Wayne R]

Probably for the best

[splintered sunlight]

Thanks - I haven't look at it since my last post...

[Wayne R]

Someone has been testing the waters but backed off when a sell hit.

Not a recommendation to buy. A 10K sell order could send it back to 0.06

[splintered sunlight]

Down 67% - even worse....

[splintered sunlight]

I don't see that happening anytime soon.......

[Wayne R]

Book value is higher than current price, they should go private.

JMO

[splintered sunlight]

Down 30% - not so good....

[Wayne R]

Nowhere fast.

Been like that for 15 years and I can't understand why.

[splintered sunlight]

I's going nowhere anyway.......

[Wayne R]

By the way I sold out of my position unfortunately.

you and me both. You got lucky, I had to wait 15 years for an exit....

[splintered sunlight]

I don't convince anybody about anything...

I just state my opinions and what happening in the stock.

By the way I sold out of my position unfortunately.

[Wayne R]

Looks like you convinced a couple people.

67K shares. It seems something might be going on behind the scenes

[splintered sunlight]

Seriously

If you are willing to pay .10 why go .0999 bid...?

If you want to sell at .10, why not just hit the .0999 bid...?

Funky...

[Wayne R]

I suppose you can't get a spread tighter than that. First time I've seen it like that.

Could be something, could be nothing.

[splintered sunlight]

Hopefully you made more someplace else...

[Wayne R]

I told you it could take time.

And sadly, I had to liquidate.

Minuscule float.

I held it for 15 years, would have held it for another 15...

[splintered sunlight]

Is this finally going to to higher?

[Wayne R]

TO DA MOON!

[splintered sunlight]

GSFD up 23%.

Need more volume!!!!!

[Wayne R]

I called the company and I prefer not to give out any details about the conversation prior to a press release regarding exactly what was said.

I can say it was neither positive nor negative information.

[Wayne R]

gooo GSFD!

[splintered sunlight]

I have absolutely no idea what you are talking about or are inferring.

If you have something to say, say it.

[Wayne R]

I had to bail after 15 or so years. I wish you the best of luck, and I'm sure I'll regret having done so.

[Wayne R]

Global Seafood Technologies is aware of SEC Rule 15c-211. We intend to meet all required deadlines so that our company will remain publicly quoted and available via normal broker-dealer channels. Please continue to monitor the OTC Markets website for additional updates. $GSFD
8:41 PM · Mar 12, 2021·Twitter Web App

[Wayne R]

https://twitter.com/GlobalSeafoodT1/status/1408479100201836555

Where have you seen or purchased our Killer Bee Bait products? If you want to be more specific about the location we would love to hear about it in the comments. $GSFD #killerbeebait #OTC #OTCMarkets #fishing #bait #nofishissafe
Walmart
66.7%
Dick's Sporting Goods
33.3%
Academy Sports & Outdoors
0%
Local Marina or Retailer
0%
3 votes·Final results
7:36 PM · Jun 25, 2021·

[Wayne R]

I guess no one has been keeping track.

https://twitter.com/GlobalSeafoodT1/status/1410947095717191685

Global Seafood Technologies is officially designated with Pink Limited Information status on OTC Markets as of this morning. We have the full intention of eventually becoming Pink Current and will continue to work toward this goal. #otc #otcmarkets $GSFD #bigplans #killerbeebait
3:02 PM · Jul 2, 2021·Twitter Web App

[MADDSTACKER]

We need them to sell couple million worth of shares , and get into growing more shrimp … Big money in that ..

[dijeetyet]

Yeah, they need to pull their Facebook, Instagram and company sites together.

[Wayne R]

yea, I was thinking undervalued but not "sexy". then I remembered all the pictures they have from killer bee bait customers.

There were certainly some sexy pictures there...

[dijeetyet]

Enjoy your trip !
It will probably take a while for people to find this one.

[Wayne R]

Press Release – June 24, 2021

June 24, 2021

June 24, 2021

Biloxi, Mississippi- (BUSINESS WIRE)– Global Seafood Technologies Inc. (OTC: GSFD), a company that includes subsidiary Killer Bee Bait, one of the largest bait distributors in the nation, today filed their Annual Earnings Report ending March 31, 2021.

Annual Financial Highlights

Revenue for the year ended March 31, 2021 was $4,820,312.
Current assets for the year ended March 31, 2021 was $2,447,147.
Net loss for the year ended March 31, 2021 was $(111,006).

Management Commentary

Brent Gutierrez, President and Chief Executive Officer, said, “I am incredibly proud of our entire Global Seafood Technologies team for delivering results that met our expectations during a difficult year affected by COVID 19. Despite difficult market conditions, we increased our overall market share. If it were not for increased shipping costs on both inbound/outbound shipments, increased product and packaging costs, and the closure of casino buffets as well as some one-time repairs and maintenance costs for our facilities, we would have likely turned a profit.”

Annual Report Guidance (April 2021-March 2022)

Looking forward to the next fiscal year ending March 31, 2022. We are looking forward to improved business conditions. We anticipate increased sales as our market share continues to expand and our retail clients fully open their doors for business again. Current estimates for the coming year are:

Revenue of $5 million to $5.2 million
Positive Earnings per Share
Reduced Operating Margin Expenses
Improved Relations with our Shareholders

About Global Seafood Technologies, Inc.

Global Seafood Technologies, Inc. raises, processes, packages, and distributes seafood. The Company’s products include quick frozen shrimp and saltwater bait products. Global markets its shrimp to seafood chains and grocery outlets in the United States and exports to other countries. The Company sells its bait products to retail stores and marinas throughout the Southeast United States. For more information, please visit our website at http://www.globalseafoodtechnologies.com.

Cautionary Note Regarding Forward-Looking Statements

All statements in this press release, other than those of a historical nature, are forward-looking statements. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Factors that could cause actual results to differ materially include the following: business conditions, growth rate in temporary staffing and the general economy; competitive factors; risks due to shifts in the market demand; the success of the company in attracting and retaining its management team and key operating employees; the impacts (direct and indirect) of COVID-19 on our business, our consultants and employees, and the overall economy.

David Foster, Investor Relations [e-mail]

Click here to view the original press release!
Other News
Website Launched Today
March 19, 2021

The new Global Seafood Technologies website launche

[Wayne R]

financials look ok, hey trading below book value which I calculate to be around 0.155/share.

It seems reasonable that it should trade at 3-4 times book, at least.

JMO

[Wayne R]

once again I wasn't paying attention, was preparing stuff to go camping for 2 weeks starting saturday.

I guess I'll have to pick some random sell orders since I won't have any internet access.

After all these years, maybe, finally the payoff.

[MADDSTACKER]

Hopefully they start up listing Qb , qx , then nasdaq if they can grow biz …. I sold shop .03 and missed the run not going do that here … I hope ..lol Gltu

[dijeetyet]

OK I will hold on for a bit.

That one has a float of 578,409,456
This one has around 8,000,000.....

I've had it for years.

[MADDSTACKER]

Oops ran to .90
Grabbed some and tucking them away this could be $2 in a year

[MADDSTACKER]

Reminds me of shmp and that ran to $2

[dijeetyet]

OK soon really meant soon

https://backend.otcmarkets.com/otcapi/company/financial-report/288772/content

[splintered sunlight]

We got action!!!!!!!!!!!!!

[dijeetyet]

https://globalseafoodtechnologies.com/financials/

.............wonder what the mean by "soon"

[Wayne R]

Sent a message off to
https://www.shumakergroup.com/contact-proc.php

Asking them why the GSFD website was so useless, was it created by a 10 year old child?

Legal

Copyright © 2021 Global Seafood Technologies, All Rights Reserved

Website Design by Shumaker Technology Group

Not sure why they would even bother copyrighting a shitty website, if they even did.

[splintered sunlight]

And Vice a Versa..........

[Wayne R]

Anything you consider buying that I own, you better have a sense of humor for when the unexpected happens.

[splintered sunlight]

LOL

Thanks

[Wayne R]

OK, Here is what I think about this, all just my opinion.

March 2021, they update their website which has absolutely no useful information to make a decision to buy or sell or hold.

There is this

Brent Gutierrez
CEO

Brent Gutierrez has over 40 years of experience in the Food Industry. He has been CEO and President of Global Seafood Technologies since 1997. Brent attended Mississippi State University and graduated Summa Cum Laude with a Major in Food Science and Technology with a minor in Biochemistry. As a young man he oversaw the production and route deliveries of ice and seafood in the family business, Biloxi Freezing Inc. During his time in college, the family business was sold to Conagra. He and his uncle then opened Custom Pack Inc., a seafood processing facility. Brent was able to utilize modern freezing, processing, and marketing ideas to gain a strong foothold in the market. He also serves as the President of Killer Bee Inc. which was acquired by Global Seafood Technologies and serves as a wholly owned subsidiary of the company.

Killer Bee bait doesn't look like any reason to invest in this company, but, yet, that is all their web site really talks about.

Someone answers the phone when I call, but never get a call back. Most likely some answering service. Didn't think to say that I want to buy Killer Bee Bait for my 200 retail outlets.... May or may not have gotten a call back.

I really don't know what is going on, and it is all speculation on my part, but I think, without knowing for sure, that they are setting up for a reverse merger. It is a pretty damned clean stock, prolly worth a bunch of money as a shell and less as an active company selling killer bee bait....

OR, IT IS SIMPLY WORTHLESS, or something else entirely.

Do your DD, call, see who answers, ask questions.

[splintered sunlight]

Point well received.......

[Wayne R]

I'll try another angle.

This stock is worthless without any feedback from the company!

Maybe that will get things going....

edit; Changed to bold to get the point across.

[splintered sunlight]

Starting to get some volume.......

Hopefully movement next.......

[Wayne R]

The last time I said this the stock immediately went up with volume. So I'll say it again

no reason I can think of for now to invest in this stock.

JMO