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awesome move off da bottom
.008! congrats!
.0075 x.008 ... just an update
from .0005 now .007 x .008
after the run from dat to .03... was bashed down to dat and all the panic selling, nice 1000%+ since then... lol... not saying for anyone to buy and such, just sayin'
yep lookin good bobber
this thing is going to take off...you can take that one to the bank!
yeah ~ right after i posted that.. go figure ~
lol we just got crippled god damn
Hard to say... R/S news is usually not the type that brings upwards PPS movement, but looks like ppl liked the news... would be nice to be above .005 before the R/S ~
How high does anyone think this is going to go?
I'm guessing that, without the idiotic 300-1 R/S, this is where we would have seen our multiple pennies.
So the question is, with the latest good news countering the unfortunate R/S news, does anyone have any opinions on where it will settle?
News:
Legacy Brands Holding, Inc. Announces New Business Plan
SEVERNA PARK, Md., Nov. 10 /PRNewswire-FirstCall/ -- Legacy Brands Holding, Inc. (OTC:GBJT) today announced its new business plan. The Company plans to develop a vertically integrated and horizontally focused holding company that through future acquisitions will offer a full line of products in the sports fishing equipment and supplies industry. The Company will implement its business plan through strategic acquisitions, unique product development, key alliances, and exclusive distribution rights.
The 2006 Survey by the U.S. Fish & Wildlife Service found that 30 million anglers spent $42 billion on sports fishing equipment and supplies in the US. Legacy plans to acquire companies that manufacture and distribute products within four categories of the sports fishing equipment and supplies industry. Legacy's four categories target the industry's annual US revenue of $4 billion out of the total of $42 billion.
The Company recently changed its name from Global TransNet Corp. with the state of Florida where it is incorporated. Until the new symbol is issued, the Company is trading under Global TransNet Corp. (GBJT). The Company effected a stock split of 1 for 300 shares of all of its issued and outstanding common stock with a record date of November 15, 2009. Its authorized common stock remains at 500 million shares.
For more information, please contact Michael Heilman at 410-647-9609 or email: .
About Legacy Brands Holding, Inc.
Legacy Brands is a US publicly traded holding company (GBJT) that will be acquiring companies in the sports fishing industry. Legacy is traded OTC-BB (http://www.otcbb.com/asp/Info_Center.asp).
This release contains forward looking statements that are subject to risk and uncertainties, including, but not limited to, the impact of competition, inability to secure investment capital or financing, new and untested products, uncertainty of revenues and earnings, fluctuations in stock price and liquidity, market conditions, fluctuating operating results, and other risks detailed from time to time.
DATASOURCE: Legacy Brands Holding, Inc.
CONTACT: Michael Heilman, Legacy Brands Holding, Inc., +1-410-647-9609
That's not our Stillman as far as I can tell. He was never an attorney and that's not his firstname. He is not from penn as well.
That's very good DD.
I'm not sure what to think exactly. I'm looking into the old and new address on that filing, and while they are only a mile or so away the new digs look much nicer from what you can see on google maps.
So far I've found Heilman involved in:
Intercontinential Deposit and Escrow Company
Incorporated by L Van Stillman. Their registered agent is Flor-Ida Consultants, LLC , who's registered agent is Reizes Law Firm.
Unique Woman, Inc.
Incorporated by Michael D Heilman. Leslie N Reizes is this outfit's registered agent.
Gala Entertainment, Inc.
Also incorporated by Heilman. This time L Van Stillman is the registered agent.
They are all incorporated in Florida and none are active.
Oh, and I found this about Stillman:
http://www.sec.gov/litigation/admin/34-51218.htm
Thats what I read too.It's not right.It's taking away our shares , and not theirs.the entire share base should be changed to be fair about this.I will be happy to start a campaign to alert the SEC , and the company about this if you like.
There are a few things that I am puzzling out here. Article III says "..consolidate the number of issued and outstanding shares...without either a change in the par value thereof or a change in the total number of shares of common stock the Corporation is authorized to issue."
So if I'm reading that correctly, the A/S will remain 500,000,000 and the O/S will split to 545,130.
You better be quick.
Not the type of updates i was looking for... Only good thing about florida SOS is we see the amendment before it hits the OTC changes, giving some who dont want to wait it out, a chance to get out.
R/S is a risk with pinkies, not the first or last one i am in that did this... ohh well... Hopefully more things in the works. I'll wait and see.. And if any more triple zero whacks come in, ill be the one grabbin them ~ :)
we sure got screwed today tho....never got a reply from the email i sent.....mike must be laying low
Right ok thats what I got.I came in from work early to see what is going on.I don't know where I got the figure 585 mil. , but it was from my head.Sorry everyone .please disregard that wrong post.But yes lord help us if this was diluted.The ibox info says the same figure as of 10/27 as per TA.This is gonna get very , very interesting gang.MT
No thats not right.If the info on the ibox is right , then 163 mil + change div 300 is 545120. o/s , 500,000,000 div 300 is 1.66 mil a/s.MT
As of 10/12 there were 163,538,739 shares o/s, leaving 545,130 o/s after the 1:300. Eaither way, that is razor thin for a o/s, float, or whatever one wants to call it. This assumes they didn't dilute from 10/12 until the present, which that I don't know. God help us all!
Yes , I'm down , but not that far.Kinda curious to see how this plays out.let's see the os should be about what 1.95 mil? Did I drop a decimal?MT
I won't really lose that much money ...
But percentage-wise, well, let's just say that I bought at .012
And, more importantly, it's just seems so needless ... like SupaMario said, this thing could have easily seen multiple pennies.
sorry guys...that sucks
Cool, I'll do the same.
No, I have not...i'll let you know if i do
Agree. You hear anything back from the 'CEO' yet? When I emailed him last week, he got back with me promptly. He sure hasn't today though...
Yup.....noone is going to touch it after this BS
That's about the only thing that would clear up this nonsense. LOL
News rescinding their RS and statement of reverse merger into a huge billion dollar company
Well, I think they will have news very soon post the way this is done is still BS no matter how you slice it.
I show the last 11 trades at the Bid and given the huge spread can only ascertain that those all all sells. Hard to get out now.
I may be wrong, but I dion't beleive KGRI has traded a single share post split...that is what we are looking at here if you hang on IMO...unless you want to make it a long term holding.
This one just doesn't seem at stinky as most pinky's so I'll hang on and take my lumps.
Yep someone started buying.This is a crazy stock.MT
I just have streaming quotes ,but someone seems to have started buying.MT
all questions i keep asking myself....what a drag
Well perhaps the thing to do is aks ourselves why on earth would they do this? They obviously have a plan of some sorts.But as westand ,we can add at these prices to get more rs shares ,or we can hold ,and take the rs ,or we can get out and count our losses.Any thoughts gang?
I'm waiting for the BS reply I'm going to get.
I said the same thing in my email
Totally agree with you. I mentioned the share structure was great already in the email I sent him today. I'm pretty sure they R/S it to dilute later on.
What a joke...the Outstanding was tiny already by Pinky standards and now there will be 545,000 shares outstanding at an adjusted price (as of the current price of .0011 x .020) of .33 x .60...this thing will be so illiquid, nobody will get out alive. Guess will have to see if the printing press gets turned on full bore or this thing can rise from the ashes with a good business plan and a tiny o/s, which could make it skyrocket again...time will tell.
If y'all want to give the CEO a piece of your mind, his email address mikeheilman@verizon.net. I sent one earlier. Who knows, they might rescind it.
Yeah, complete BS.
Wow ......... Just wow!
Got some bad news here people. Company filed an amendment to their Articles and stated they will perform a 300-1 R/S. Very idiotic move IMO on the company's part. Stock could be multi penny without doing this. Link below...
http://sunbiz.org/scripts/cordet.exe?action=DETFIL&inq_doc_number=M36633&inq_came_from=NAMFWD&cor_web_names_seq_number=0006&names_name_ind=N&names_cor_number=&names_name_seq=&names_name_ind=&names_comp_name=LEGACYBRANDS&names_filing_type=
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