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GPSI: effective June 10,2022 General Payment Systems Inc. will change to Saean Group Inc. and a one for 500 reverse split:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
I have my fingers crossed:)
I like holding shares in low float shells. Never know how it'll pan out but sometimes it can pay off in a big way:) Good luck!
Thanks, I Still Got 116000 shares from 15 years back, General Payment Systems was a promising Company bud they went completely silent the last 10 Years.
Now I even Can't Sell my shares with my Broker, I hope that will Change!
The name change was through the NV SOS, not through FINRA, so you can find the new name by searching on Silverflume, but it will still appear as General Payment Systems on OTC Markets (for now at least).
Thanks, I Couldn't find it Myself.
It came out on a program I use that gives you notification of filings, sos updates, etc.
Where did you find the name Change? Thanks
Watching for filings...I noticed a name change to SAEAN GROUP INC.at Nevada sos. Could be a real nice one IF what I've been finding through some research is correct! Time will tell. GL:)
Looks like there have been a few SOS filings this month. Hopefully we get a SEC filing soon.
SS updated the other day. Look at those restricted shares and tiny float! If he gets something good in here, this one could go crazy imo:
Authorized Shares
100,000,000
02/14/2022
Outstanding Shares
99,856,693
02/14/2022
Restricted
94,840,501
02/14/2022
Unrestricted
5,016,192
02/14/2022
https://www.otcmarkets.com/stock/GPSI/security
It looks like that's the end of trading in the stock as most Brokers will not allow you to trade because there's not enough information.
In my opinion this is something that the SEC should have done 20 years ago
It's pretty sad they go years and years and years without even communicating with the shareholders, so I guess the shareholders are really a bunch of nothing.
but anybody knows that most all stocks on the OTC bulletin board if they're pink or just piles of garbage.... looking to sell stock for their payroll and keep their operations going.... every once in awhile just like the lottery you'll get one that makes it to the major exchanges to keep the scam going.
That's great that they're shutting down companies that don't report, should make the market better,
This should of been shut down years ago.
GPSI will be shut down next month. All stocks need to be PINK CURRENT... No more trading in GPSI...
This thing could fly if a the moment group gets ahold of it, but it won't be much relationship to the company. Just "low float" musical chairs.
Anybody that's been watching the OTC bulletin board lately have seen this happen a lot with junk companies
I had some of this junk a few years ago and played it and in fact made some money. Not much just a few K. At the time some notable posters here would pump it up, then down, flipping along the way. I watched and played too. But every game runs it's course and this one ended for all practical purposes years ago.
I was cleaning up the computer files and saw this forum so logged back on to see if anything was happening. Nothing as I expected but some of the old familiar names still here. Course some new ones trying like hell to "pump-n-dump" with obviously no success.
Nope not getting back in and best to surf, gumbi, bell, lawdog, in your play.
I see they are still in the MJ business but unfortunately still no financials
https://c4eversystems.wixsite.com/c4eversystems/c4ever-solution
Ha, ur comments are still relevant
Sorry wrong pos. Lol
My first day in this pos and I’m only down $20,000 lol. Record volume and it’s up 5 percent. Funny shit. Wtf did I buy. Will hold for 10 days. If it’s not over 04 by then I’ll cut my losses.
This junk is finally starting to move not because of anything with the company, groups are going out around and just buying low price OTC stocks
Not seeing anything new yet...watching close.
I will look at the information.
Exactly:) GLTY as well!
You can’t win big, if you don’t try.
Good luck.
I've found in some of the past stocks I've traded that generally when new management steps in, there might be a plan in the works. This is such an extreme low floater that IF they do happen to come out with anything, it could make some nice cash. Lotto tickets for me:)
Idk. Years of poor performance would say otherwise. I’ve made a few bucks here. But it wasn’t worth waiting years for nothing to happen. If new Mgmt is as informative as old Mgmt everyone here is screwed. Has new Mgmt filed any financials? Any press releases? What’s their plan?
I'd think with the new officers that came in last April that they could possibly have a plan for this one. I've done a little research on the new officers and I'm not seeing a past association for this company/ticker.
It's worth a ticket with this low SS, imho.
You have to go back years to when this was set up.
Just an observer. Good luck.
Please check Nevada SOS...new officers came in last April:) This has such a low SS that I'm not sure where this insider enrichment scheme is coming from, lol:
https://www.otcmarkets.com/stock/GPSI/security
GPSI Security Details
Share Structure
Market Cap
126,589
01/21/2020
Authorized Shares
100,000,000
01/03/2020
Outstanding Shares
10,856,693
01/03/2020
Restricted
5,840,501
01/03/2020
Unrestricted
5,016,192
01/03/2020
Still plugging along!
How’s it going bud? He’s so old I thought he might just pass away.
If one checks I called it out as a self enrichment scheme many years ago.
One of the founders is still in Federal lock up. He probably still got a few million for when he gets out.
I still stop by from time to time to see what’s going down. What a waste of energy this stock was.
I at one time believed this had a chance. But after a few years the facts were obvious.
I have been watching this for years now, Watching bell and surf go on and on, I was sure it would go but tired of looking now. Still own 22,000.
Come on now you know they wouldn't even spend money for the coal.
Could be chunks of gold too, lol
Lumps of coal for anyone here is the sad reality!
I'm holding this one...the SS is great. The new officers listed back in April could have something in the works. If they do come forth with anything, it'll be a nice one, imo **** Happy Holidays everyone!
Any proof for your conjecture? Idle suspicions of foul play can be erroneous, leading to jumped conclusions.
GPSI
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