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And yes they do seem to know what they are doing. It just seems to move faster when you tell them lol lol lol
Been in this game long enough we ALL have done it. Come on $.86 close
LMAO...ok I'll tell them. Seems like they know
what they're doing. Sucks for the people that sold for a small profit.
I know the feeling. I did it 2 years ago with a pos stock.
Blew my mind.
over 9.99% you are a control person and must trade under 144.
The more you and I talk Dog (and everyone else stays quiet) it seems this just is climbing the Stairway to Retirement. Shell will come off with Gametime acquisition as they are obviously doing revs....its the next BOOM tat interests me.
So tell them please.....shell off, update BOD on OTC, and release a whopper. Thanks.....
Yeah I've read where people got contacted because
they owned too much.
Don't want to be a majority owner......just 9.99% owner. They listen to you and you can trade LOL
Maybe I shoulda bought so much of this
that I was a majority holder ?
Coulda shoulda woulda, damn ... and I felt so good about it.
I can't wait to see all of that on Monday......you speak people listen lol
Are you serious, just stepped back
in after fixing a flat. Time to look!
Wow you are tied in here. You talked about an announcement coming to be .... BOOM.
You asked for Yield sign to come down yesterday- Boom today its gone
Yeah that otc markets page needs some
more updates. Name and symbol change.
Get that yield sign off and board of directors on!
Things may start to get really interesting here. I say we exchange metal for paper on this one. Anyone out there?
Agreed. Someone in the know just gobbling up shares.
Impressive how well this new shell has been managed. Couple of peeks at the sports company it’s building.
Somehow I don’t think the watches are it. Some other people agree.
Lookin' good again today ...
buyers keep buying!
I think that's doable and possible
Well the name of the song is 999 ...
but seriously how about 2.99
Is that the $.99 or the $9.99?
Oh no I'm here and waiting for...
9.99
Now you’ve gone silent on me Dog
I feel like Roger Waters, “is there anybody out there?”
I hear ya Dog.
Definitely weird. Most boards would die to have a stock hold its gains like this and have a chart like this. People would be screaming from the rafters.
I’ll let them stay quiet as long as they keep buying lol
Absolutely, just saying I've been here
a long time and have never seen a board like this.
Only new ones.
I’d rather have people buying it then talking about it. Talk is cheap. People putting green in speaks volumes without saying a word.
Yeah, it's really amazing and on a bad day
and week in general. And just us here talking about it?
I really don't get it.
But I like it. And the board has 73 followers.
Usually see this on a board with few followers.
A good week don't you think Dog?
Nice steady accumulation. Held its gains. More shares in hands of people who know what's going on at higher prices. This week's volume was 124,329 for ave/day of 24,865/day. That's the most for a week without a press release or trading in April 2022 when some rumors must have been around. There is a ton more liquidity as the stock has gone from $.19-$.77 -like $19,000/day.
Must have something brewing to have this support.
Slow accumulation on the ask just like last time. Tight spread. Held .70 nice. Just a waiting game now.
I won’t get stuck…I follow Joey Buxx lol
Peeps happily paying up for this...
they know something, obviously.
Agree with your opinion Dog.
Hitting again today but that's to be expected. People are waking up seeing their investment worth something after 2 years or 3 yrs or 5 yrs.
Holding up pretty well and if there is a follow-up announcement it goes off a much higher base.
Bastards are dumping but at least their
doing it carefully. The clown that sold cheap the other
day must feel like a real dope now.
Good thing is peeps are picking up these 60 cent shares.
Well, that's my opinion!
This is what I was talking about...
when I said 'nervous'
who would be dumb enough to sell this cheaply?
Besides the people in charge, it's always them!
Agreed. I Like being under radar.
Get out of the muck….follow Joey Buxx.
$low & $teady wins the race!
Dont be a schmuck & listen to Joey Buxx
Dog you are right. People quiet on this board.
Looked at 3 month chart since these guys took over.
Reminds me of a song, “Stairway to Heaven”
Nice support here. Something coming?
Always interesting for a shell after its first big press release to see how the stock reacted.
So far I'd say pretty good. For this company, there has to be gapping as there is very little supply (only 1.4 million in float). This shell has been inactive for a number of years and different people are waking up to their shares being worth something after all of these years. You are going to get blocks of 20,000 or 30,000 shares that have been held for 6 years and suddenly decide to sell. Yesterday there were two 20-minute periods of selling in amounts that equal approx. 10,000 or 20,000 shares. These purchases will establish a higher low or a higher entry point for the shares. Overall it was a good orderly market with no pump runs and no mass selling.
Also, not a lot of people know about this stock. Imagine if just 100 people put $1,000 in this stock. That's $100,000 of buying. That's 11% of the float. Yes, think about that. The volume yesterday on that announcement resulted in 118,845 shares traded. That's 8% of the float. (118,845/1,400,000).
Crazy right?
The question with these is- are they done with announcements or do they have more behind this? I'm thinking they do, They signed this LOI on December 26 (from the About Greenlight Section of the first press release- "On December 26th, 2022, the Company executed an LOI with a licensing company that has ongoing business relationships with most of the top professional sports leagues as well as several iconic brands and athletes. The companies have targeted an early to mid-March closing pending due diligence and the successful completion of audited financial statements. The Company intends to amend its name and trading symbol with FINRA as soon as it believes it is practicable."
So they were ahead of schedule in closing (Mid of Feb not March) and since it is licensing company I'm thinking Gametime was negotiating with a big star and wanted to offer stock as a kicker to get the deal done and that's why they sold the assets to Greenlight (BTW- I love the asset purchase- no headaches from the previous company). That's my thoughts and opinion not based on anything.
I'll bid-sit here for a little and see where it goes but so far I like the trading. If it can hold mid $.50s-$.60 until the next announcement that would be great.
Wow Happy B-day Dog. Nice present for you.
Couple of interesting tidbits from the release-
1. Licensing deal- so not a lot of overhead and mostly marketing/website/design. The fact that they have the NFL is huge. I wonder what % of sales the NFL is. I'd imagine at least half.
2. The ability to add licenses generates revenues with the same infrastructure cost. To make an NFL watch vs an NHL is just manufacturing.
3. Here is the website- https://gametimewatch.com/ The Super Bowl watches look good and shows they design quickly.
4. The structure makes sense. The licensing game is getting into business with not a lot of money/overhead and obtaining a number of licenses. I imagine being public now they can pick up some bigger names by "sweetening the pot" with equity. With the low outstanding shares you can do that so this is a great pairing-the model matches the structure. That is what I read into this quote- "Adam Pennington concluded, "GRNL is an exciting strategic fit for us and greatly enhances our ability to achieve aggressive growth targets and objectives for the coming years. "
5. I agree- I don't think they are done. I think they have other things on the horizon.
So the story starts to unfold. Good first step.
Game Time is the leader in licensed sports watches having active, ongoing license agreements with the NFL, MLB, NHL, NASCAR, and WWE, along with several iconic athletes and brands. Some of the assets being conveyed in this Agreement are subject to third party approvals which are expected to be finalized in the coming weeks.
Amazing really, just been talking about this
and news comes out, and I've been dabbling with this
stock for 4 or so years...
and it's my B-Day!
Well if they sold last year and are done
then imo they made a big mistake. Over the years though
it spiked to .30 a few times. You are correct that I'm on free ones.
A decent amount too. Nothing huge, just decent.
Don't know why people would be nervous. If you were here early you got some nice prices for where it is at now. If people stopped posting 4 months ago maybe they got out in that November volume spike. There were 70,000 shares traded on Nov 10th and 153,000 shares for the month. Started around $.09 and ended the month at $.19. They could have gotten out then after holding for years. Makes sense as it was the first liquidity in a while (April was the last time it had that volume)
Thank you for those shares BTW.
We shall see but the structure is just too nice not to get a ticket to see what happens. You-Dog are doing ok playing with house money. I'm going to get some popcorn.
Yeah I was early, I've been here a few years
at least. Just liked the shell at first. I think the original owners
do know as there was a court battle.
What I don't understand is nobody posting. Some people were
here posting occasionally for years until 4 or so months ago.
That's why I wrote the post about everyone being nervous.
Definitely not many shares available and I'm just hoping for
some big news soon.
HISTORY OF THE DEVELOPMENT OF A SHELL
Hey, Dog nice to meet you. Haven't encountered you on these boards but seems like you have been here early
Seems like things looking interesting here. Saw an announcement on someone in another public company and saw some familiar names. Saw Men was here and he’s usually early on some stuff (made some bank with some other early plays with him). Great SS for a shell. Almost too good. Should be able to track a good merger candidate which it seems they are in the midst of closing.
There are a couple of things that make this stock interesting:
1. The shell has been dormant for so long- do the shareholders in the float even know they have the stock. This with a miniscule float of 1.44 million already. Could be difficult to get shares.
https://www.otcmarkets.com/stock/GRNL/security
2. With the new rules going into effect, they need to clear the yield sign and the shell designation by March. It seems from the reports that they have been working towards that goal.
a. Hiring COO and CFO with Public experience.
b. Couple of small deals showing they are in the athletic business
c. The “About Us“ Section of the announcements gives me thoughts that a deal is in the works on licensing. Here what it states, “On December 26th, 2022, the Company executed an LOI with a licensing company that has ongoing business relationships with most of the top professional sports leagues as well as several iconic brands and athletes. The companies have targeted an early to mid-March closing pending due diligence and the successful completion of audited financial statements. “
https://www.otcmarkets.com/stock/GRNL/news/story?e&id=2418657
This was signed in December and targeted for the beginning of March. Now I agree most things don’t happen on time in Stinkypink Land but they do need to close and show revenue before the end of March to lift shell status. The only way to do that is to acquire a company generating revenues.
3. The audited financials and filing were extended on Feb 15.
The reasoning given was accounting procedures but if they are trying to close the deal before filing their annual audited makes sense if they re trying to get shell designation lifted.
It’s an interesting play at this point. There is a risk with the date for purchasing this shell and merging an asset into the shell in 3 months. The person who purchased it must have had something in mind or a targeted company.
It says it has to do with licensing (“executed an LOI with a licensing company that has ongoing business relationships with most of the top professional sports leagues as well as several iconic brands and athletes “) so something should occur.
The concern is the prices and spread. This has gone up from $.09-$.5399 since November.
Here is the timeline and breakdown of trading-
• Prior to November the stock traded by appointment basically like any shell waiting for something to happen. November was when we see the purchase of the shell. November we see the Change of Control filing and stock traded 153,925 shares for the month
Oct- 15,877 traded- $.09
Sept- 39,000 traded $.09-.11
August- 18,125 traded $.11-.13
July 4,000 traded $.13
June 19,266 traded $.14-$.18
May- 1,450 traded $.14-.18
April- 100,915 traded $.11 (probably rumors of the shell being purchased)
• December traded 156,237 shares traded and price went from $.19-$.30. Lots of filings for the change (2 quarterly and an annual filing- starting to get numbers audited.)
• January traded 226,247 shares between $.28-.48 -almost a 45% increase in volume due to small announcements of officers and small businesses in the athletic field.
• February traded 93,136 and price went from $.46-$.54
Even though the share price is high the market cap is still only $3 million with only 7 million shares issued. Yes the price has appreciated from $.10-$.54 in 4 months the volume has been small (averaging around $15,000-$70,000 liquidity/month).
With this share structure, a revenue-generating company at an 80/20 merger would be 35 million issued and outstanding and fully diluted would be about 42 million shares issued and outstanding giving it a market cap of $21 million. Depends on the deal but with this micro float, you could make some nice quick turnaround here IMHO. I’ve got my tickets.
Someone has been loading at the ask...
almost every single day. And everyone is so nervous
and quiet..........
To be on the safe side I wouldn't touch this with a twelvefoot pole
Yes - but to the downside for sure - you see all the tape painting the last few days? Fri was at .51 and with 4 seconds to go, and they sold a few shares at .438, so it wouldn't close up so much
Totally with you, irondog! It is obvious that big things are happening here. Why else would they hire 3 executives? Probably bringing in company with nice revenues and hopefully positive earnings.
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