Growers Direct Coffee Co. Inc. (fka GWDCQ)

[Renee]

GWDCQ CUSIP suspended. FINRA deleted symbol.

http://otce.finra.org/DLDeletions

[trader53]

GWDCQ > Coffee and Coffee stocks Downtrending >



$COFFEE RSI at 58.69

SBUX RSI at 75.50
GWDCQ RSI at 60.80 <<<<<<
BCCI RSI at 54.51
HCEI RSI at 47.61
JCOF RSI at 30.28

[trader53]

GWDCQ 6-Month Daily Chart




http://stockcharts.com/h-sc/ui?s=GWDCQ&p=D&yr=0&mn=6&dy=0&id=p99706327301

[trader53]

GWDCQ Filed Chapter 7 Liquidation


Under Chapter 7 , the company stops all operations and goes completely out of business. A trustee is appointed to "liquidate" (sell) the company's assets and the money is used to pay off the debt, which may include debts to creditors and investors.

The investors who take the least risk are paid first. For example, secured creditors take less risk because the credit that they extend is usually backed by collateral, such as a mortgage or other assets of the company. They know they will get paid first if the company declares bankruptcy.

Bondholders have a greater potential for recovering their losses than stockholders, because bonds represent the debt of the company and the company has agreed to pay bondholders interest and to return their principal.

Stockholders own the company, and take greater risk. They could make more money if the company does well, but they could lose money if the company does poorly. The owners are last in line to be repaid if the company fails. Bankruptcy laws determine the order of payment.

http://bankruptcy.findlaw.com:80/bankruptcy/more-bankruptcy-topics/corporate-bankruptcy.html



Chapter 7 bankruptcy allows debtors to get rid of most, if not all, of their debts and start over with a clean slate. It isn't for everyone, however. In this section, you will find in-depth information on Chapter 7 bankruptcy -- including eligibility under the "means" test, types of debts that cannot be discharged, and tips on the Chapter 7 bankruptcy process.

http://bankruptcy.findlaw.com/bankruptcy/bankruptcy-chapter-7/

[trader53]

GWDCQ StockScores



http://www.stockscores.com/quickreport.asp?ticker=gwdcq




GWDCQ QuoteMedia
http://www.quotemedia.com/results.php?qm_page=91952&qm_symbol=gwdcq

[trader53]

GWDCQ: Caveat Emptor

Caveat Emptor
http://www.otcmarkets.com/stock/gwdcq/quote


GWDCQ Security Details
Share Structure
Market Value1 $923,364 ________________a/o Jun 20, 2011
Shares Outstanding 35,513,992 _________a/o Jun 30, 2008
Float Not Available
http://www.otcmarkets.com/stock/GWDCQ/company-info



GWDCQ SEC Filings
FORM 8-K
February 19, 2009
Growers Direct Coffee Company, Inc. filed a voluntary petition for bankruptcy under Chapter 7 of the U.S. Bankruptcy Code



FORM 10-Q
September 30, 2008
> We liquidated the company effective June 30, 2008.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=6261109

http://www.otcmarkets.com/stock/GWDCQ/financials




FORM 10-Q
June 30, 2008

Factors That May Affect Owning Growers Direct Common Stock


(a) There are a large number of shares underlying the Notes. As of June 30, 2008, we had 35,513,992 shares of common stock issued and outstanding. There are currently Notes outstanding that may be converted into an estimated 6,350,584 shares of common stock at current market prices and outstanding warrants to purchase 3,678,695 shares of common stock. All of the shares, including all of the shares issuable upon conversion of the notes and upon exercise of our warrants, may be sold without restriction. The sale of these shares may adversely affect the market price of our common stock.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=6144376


GWDCQ InvestorPoint
http://www.investorpoint.com/stock/GWDCQ-Growers%20Direct%20Coffee%20Company%20Inc./

[trader53]

GWDCQ Weekly Chart



http://stockcharts.com/h-sc/ui?s=GWDCQ&p=W&yr=2&mn=0&dy=0&id=p58124774810

[trader53]

GWDCQ Daily Chart



http://stockcharts.com/h-sc/ui?s=GWDCQ&p=D&yr=2&mn=0&dy=0&id=p18023343469

[StevieT]

Ah, guess it's back to the hunt, then.

[frankie_fillet]

this company filed bankruptcy a year or two ago... i really don't think there is a business left and all i could find after the volume spike and pps spike is a rumor the shell was sold in nov 2010

good luck

real

[StevieT]

Something about the chart for this stock that I like... I think I'm going to get in on this next week some time. Coffee is such a hot sector. I've been looking for their products online to purchase, but I can't find any.

[easymoneyguy]

GWDCQ will run again soon imo.

[Scootter82]

Umm....who INVESTS in pennies???? That's the most ridiculous thing to do. Trade em. Don't invest em.

[gibson99]

why would you invest in this??? someone give me one decent (doesnt even have to be good). Easiest pump/dump to see if there ever was one......jeez

[10thMountain]

Oh boy. Hope you changed your mind, and decided to get in....ugggggh

[PipBoy]

HA! yes i was in at 0.003 didn't expect this to happen

[Scootter82]

And one post for good measure

[Scootter82]

Yea. AS is around 75 mil, OS around 34 mil. We're tearing up that float.

[Scootter82]

Are you still in this? .13 now from your .003

[Scootter82]

In @ .11 today.

[frankie_fillet]

a total dead dog... and it hit 8 cents.. i got stocks that are suppose to be great.. and they cannot hit .0008 cents.. let alone 8 cents.... the float must be great on this one.. they reverse split before the bankruptcy.

real

[frankie_fillet]

I cannot believe this one is moving again.. been sitting in my account for years... back from the dead... the Lazarus stock.... they say you don't lose till you sell them.. lol haaaaaaa

real

[frankie_fillet]

what is up with this one... its moving again... has it come back from the dead?

real

[PipBoy]

Yeah i only played the bounce.. this was clearly a pump n dump

[ronshappy]

hope you got out at .01 - this is stuck and going backwards slowly..

I almost got in, but the volume was too low after the run.

[frankie_fillet]

i was in this when it went bankrupt... and i was under the impression they dissolved it.. now it seems to be making trades... unless someone sold the shell... or did they reissue the symbol?

real

[PipBoy]

Major bounce coming

[PipBoy]

In at 0.003

[ronshappy]

I have been following this since 10am and it looks like a trap. Nobody is willing to buy anymore, but the seller is willing to sell @ .01 - It moved fast. I was going to buy @ .008 but it did not drop that low again.

Did some quick DD. company looks to be nothing, NOS says revoked.
No news. It was a easy stock to manipulate and show up on scanners. They did just that, but its idle now, still watching though, I hop on for a ride if it dips and there is some volume.

[frankie_fillet]

i have very few shares left.. have not looked at that one in a long time.

real

[frankie_fillet]

? i will have to look at it.. maybe they sold the shell?

[qstock]

now that is the real questions. its up big on no news

[frankie_fillet]

is it even a company? i thought it was dissolved years ago..

real

[qstock]

This company is trash and this stock is heading back down

[frankie_fillet]

WELL they took them.. sorry to see it go.

real

[frankie_fillet]

I wish they would take my shares for tax purposes...

[frankie_fillet]

WELL LOOKS LIKE THIS ONE... is a candidate for the tax income offset.. to bad they could not make it work... though I believe there are a few other coffee coops out there that are working...

real

[frankie_fillet]

so did they ever explain what went down with this one...

real

[willy1015]

Coffee futures are going thru the roof and look like they can go alot higher (Fast Money on CNBC 5/22)

[jllaco]

It is, everything I've found and read states it is toast. I actually gave Mr. Sean Tan a call....he didn't have anything very optimistice to say....

[frankie_fillet]

i don't understand the trading on this on.. i thought chapter 7 was the coup de grace for a business.

real

[jllaco]

I haven't followed any other company's filing for bankruptcy, I wonder if this is normal

[frankie_fillet]

yeah I saw that.. wonder whats really going on.

real

[jllaco]

all the way up to a full penny today with an ask of 2 penny's, briefly! I might consider hitting 2 cents soaring.....unfortunately, only a few hundred dollars traded...but should there be a shimmer of light, it should soar like an eagle...LOL

[frankie_fillet]

or when does it rise like a pheonix? the lack of any info on the outcome is rude.

real

[jllaco]

So, when does this thing finally close the doors and stop trading?