Green Giant Inc (GGEI)

[lucky, mydog]

looks like a 10-1

that won't keep them on nasdaq.

[MD3]

Have they already announced the RS? The risk of delisting should be a non event as they have the 180 days to regain compliance followed by an additional 180 days when an extension is granted. Or have they decided to just RS for the sake of the offering?

[Pickme2]

The final terms of the offering will be disclosed in a final prospectus supplement to be filed with the SEC

[Pickme2]

It’ll be announced and filed along with the reverse amount..180 days is correct…been watching this tied for awhile…currently in Wbuy and Hryu heavy also

[timetomakemoney]

Do you know when the offering is completed? BTW, I thought they had 180 days before the Company could be delisted.

[Pickme2]

Yes maybe even more…they want to stay listed… almost bot 200k more yesterday

[timetomakemoney]

Pickme, it looks like a 1 for 20 Reverse Split. What are your thoughts? Update: could be a 1 for 30 R/S. PPS is now .069

[timetomakemoney]

Terrible News. Never trust a Chinese Run Company

[Pickme2]

Yes and there going to also do a reverse split…looks like a 10-1

“The holders of the warrants agreed not to exercise cashlessly below $1.50 during the first 20 trading days after effectuation of a reverse split of the common stock.”

[bcapps66]

I hear ya...news out this morning. They priced the offering and down we go.....

[Pickme2]

Their grasping for straws, just like the companies changed business plans, and names multiple times in the past. They may be able to dilute the crap out of this before going pink.. lost all my confidence in this co..

[MD3]

What happened here? I see an offering, but what's all the talk about delisting? Are they planning to delist or is that just FUD?

[Disquisition]

UNBELIEVABLE SELLING

[DeafTrader2]

Is it a going concern yet ? GGE havent informed us about the Nasdaq delist solution ?

[timetomakemoney]

I bought 5000 shares at .151 . The streets need clarification on this offering.

[DeafTrader2]

Is it a good buy now ?

[bcapps66]

Hopefully some comback before that happens....but who knows. Less than a month ago, the bottom drops out (for no apparent reason), then makes folks a shit ton the next day, then down for a week, a one hour surge (for no apparent reason), then that news after the bell Friday....

[DeafTrader2]

Will it be suspended to be delisted into pink sheet ? It’s not if but WHEN .

[Buckey]

I have read the news and the filing. IM a bit slow but I do not see an offering price

[CatfishHunter]

Some ask slapping to run price before the dump. Who knows. Ugly regardless.

[bcapps66]

That's the thing....what pump?

[CatfishHunter]

Pump and dump

[bcapps66]

For sure nobody liked it....but still...who knew something which caused the price to jump like it did at the end of the day. Doesn't make sense for a short-covering if they knew the offer PR was coming. I'm stumped.

[CatfishHunter]

Bait and switch? Regardless it crushed the share price even more. Market didn’t like it.

[bcapps66]

Somebody trying to shake this tree???? It didn't say.....actually the PR said "The Offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering."

This doesn't make any sense. Why would they release an "Offering PR", or even THINK of doing an offering, when the stock is down here and the absent of real info causes a panic sell? Still doesn't explain that late day run up.....very strange.

[Arnold25764]

Is there an offering and at what price?

[bcapps66]

That was some craziness at the end of the day. And then a f**king offering.....UGH!

Somebody fricken knew something for it to jump at the end of the day like it did, put out the PR, and then TANK. F**K F**K

[CatfishHunter]

Not sure myself. Would expect a decent retrace soon.

[Invest-in-America]

GGE: Hope! Don't know what happened. Just the OLD article, below:
https://investorplace.com/2023/12/why-is-green-giant-gge-stock-up-81-today/

[bcapps66]

Any idea why this tanked a few weeks ago? Not finding anything.

[Invest-in-America]

Thanks for the tip, Colonel TIM!!! (You got a promotion.)

[TIMGZ]

ALREADY DID,

PICK SOME NXU AND THANK ME LATER IF YOU HAVE NOT ALREADY DID

[Invest-in-America]

GGE: Hello there, Lord SantaZar!! (SantaClaus is on the way!!)

[Invest-in-America]

GGE: Howdy, Capt. Tim!!

[TIMGZ]

I KNOW YOU ARE ALREADY TRADING AND UP CHAIRMAN*****

EYPT, HA, ATHE, BETS,

CHECK OUT NXU FOR LATER RUN

[Sunset Kid]

I've done some DD on Green Giant Energy (GGE), its got nothin to do with vegtables, but green energy. I found this compilation on reddit and it spells things out pretty well. They have a US office open now in Texas.

"I have collected much more information on the matter and todays performance only solidified things.

Green Giant released a 8K earlier on 11/30 that was initially ignored but was suddenly interpreted as a offering.

Because the first page in the doc has this;

EXPLANATORY NOTE

This Registration Statement is being filed by the Registrant in accordance with the requirements of Form S-8 under the Securities Act in order to register 8,360,000 shares of common stock of the Registrant, par value $0.001 per share, issuable pursuant to the 2023 Equity Incentive Plan (the “2023 Plan”) adopted at the Registrant’s 2023 annual meeting of stockholders.

The wording and terminology mixed with circumstance of a large sell that probably triggered some short algos and here we are with an incredible overreaction.?

Yes many got in last night, including myself. But there is much more room here to grow when you consider the actual facts about the company's financials, consistency and vision.

Hasnt traded below 0.2 since 2009, its lowest of lows during broader economic turmoil is around $1
Strong assets and has been eating up market share in key cities in chinese real estate, also not slowing down on this front although fronting an ambitious additional expansion business in US with a partnership with a Lithium recycling plant in Texas.

Our book/share is 0.6 thats a 100% minimum at this point to anybody thinking its too late.
https://preview.redd.it/8xoyncqhvq3c1.png?width=216&format=png&auto=webp&s=9d94f1d20dddbae66d3ecf047dbd3f9777897fe4

https://www.bloomberg.com/press-releases/2022-11-14/gge-announces-the-appointment-of-a-ceo-of-its-us-subsidiary-to-lead-the-effort-to-explore-green-energy-sector

https://www.sec.gov/ix?doc=/Archives/edgar/data/1158420/000141057822002524/tmb-20220630x10q.htm#BALANCESHEETS

https://www.prnewswire.com/news-releases/green-giant-energy-texas-and-ace-green-recycling-plan-to-develop-lithium-ion-recycling-facility-in-texas-301760964.html

TLDR:
I think many are always chasing the 300% biopharma but this can provide returns to you slow and steady. Im also interested to know what people may think will hold its reversal back apart from the buy walls that will eventually fold with time."

[Zardiw]

+++ #DDAmanda Chart on: $GGE :

DDAmanda lets you find these b4 they run:

Christmas Special: https://ddamanda.com/SignUpXMAS.php



Z

[Invest-in-America]

GGE: Went UP a little in the Post-M last Friday, Dude. (It's an ODD one to predict anything about it; watch its CHARTS & hope for the best.)

[crudeoil24]

Jolly Green Giant > Hanzhong City, China

[Invest-in-America]

GGE: Hey, THANKS for your DD there, Dude!! (I am 'hip' to all of those issues, Bro, but was just making some rhetorical observations about the often contradictory nature of Wall Street articles, company 'News' items, & industry PR's generally.)

[cjstocksup]

This sums it up. This was from another post on another board and all the DD is here for an easy understanding. Refer to the charts to see what happened.

Recap on the oddest move in many years. Could be the fastest correction as well.

Thursday 9am - S-8 Released

A Market seller on a wide bid/ask triggered 5 halts to .35

At .35 - Volume came in and more selling started.

at .17 they realize it was not an offering.

The S-8 is associated with the process of granting awards in the form of equity or stock-based compensation to eligible recipients as part of the company's incentive and compensation program.

See Attached.
https://www.sec.gov/Archives/edgar/data/1158420/000121390023091413/ea189177-s8_greengiant.htm

[cjstocksup]

Every listed company puts that in their statements! It dropped because of shares sold then rebounded. These shares have been bought up down in the .30 to 45 range along with tons of day trading, flipping and shorting. This stock has a great shot early next week of making a .50 to $1.00 run with the right shareholders. We will see. Afterhours was solid to .36. JMO
Green Giant (NASDAQ:GGE) stock is on the rise Friday after the real estate development company revealed its 2023 Equity Incentive Plan.

That plan includes a registration statement for 8.36 million shares of GGE stock. These shares will be used in the company’s 2023 Equity Incentive Plan.

The basics of this is that these shares will be distributed to employees of the company. That includes executive leaders as a form of payment for their services.

Investors in the company are reacting positively to the 2023 Equity Incentive Plan. That brings with it heavy trading of GGE stock on Friday morning.

As of this writing, more than 53 million shares have been traded. That’s a massive increase in trading volume compared to Green Giant’s daily average of about 1.4 million shares.

Green Giant is a real estate development company with a focus on residential apartments, car parks and commercial properties. The company operates out of its headquarters in Hanzhong, China and was previously known as China HGS Real Estate before undergoing a name change in March 2022.

GGE stock is up 80.7% on Friday morning following an 88.6% drop during normal trading hours yesterday.

[Invest-in-America]

So yesterday, peeps did NOT like such "going concern" news and, as such, it CRASHED by 80+% yesterday??? (GOT IT???)

Frickin' INSANITY PLANET!!! Whatever works, right??????????

[DeafTrader2]

Yes ... According to September 30th, 2023 ... There is an audit showing that it is now going concern .. The primary reason for this stock to fall yesterday.

got it ?

[Invest-in-America]

Did you mean by "GOING CONCERN" that GGE is a solid company?? (Seriously; NOT trying to be funny nor sarcastic.)

[DeafTrader2]

Please Curb Your Enthusiasm . This wont run high hard thought .. GOING CONCERN !!!

[Invest-in-America]

GGE: See me LIVE (below), my GGE HomeBoys, HomeGirls, & straight-up GangBangers!!!

[Invest-in-America]

GGE: I got a little confused with my POSTING, so ya might check-out my OTHER recent post here, Dude. (HA-HAAAAAA!!)

[Invest-in-America]

GGE: Yep, but our GGE appears to be gettin' ready for final approach to JUPITER!! (See latest 'Chart', below!!)

[knrorrel]

GGE 0.45 AND NOW LITTL DIP AND ROUND 2 TO 0.50+ AND MORE WEEEEEE

imo