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That news release is a joke you realize, look at the history of these diluting clowns
lmao, worst dilution ever, and you "expect" .002
.0003s will look cheap in retrospect when we are trading .00s.
Hope they don't get stiff necks and just buy the heck out of the ask so we get out of trips soon.
Grand Capital Ventures, Inc. News http://www.otcmarkets.com/stock/GRCV/news
Looks like this one's gonna turn some heads tonight
I can see this going to .002 once VNDM is gone, more updates from the company coming.
Talk nice to it will make it respond much better lol
Looking better over here. .0003 looks thin for now.
.0003 up! bid building .0002 just starting.
GRCV 0.0002 x 0.0003 let's see the POS bounce
Everyone put GTC sell orders at $1. Let's see if this works :)
VNDM has sooo much paper to sell. Let's hope he moves over $1 soon. This thing can seriously RUN
From 5 mms on the ask to 1 and shrinking looks that way. Once V is off the ask someone is gonna have to cover all those restricted shares out there.
vndm is still there he needs to move away from best ask or log of completely
Serious bounce here?
It's thinning more than my hair so keep up the ask buys and it will move way oversold here. .01 not long ago as you mentioned.
lmao more lies by management
Another 5M @.0002 something up apparently besides being oversold. MM's might be covering soon with strong ask volume.
2M shares hit .0002 matter of time big move coming.
The CEO said multiple pr's this week and they are coming for doubters. Matter of time before we are back at higher pps levels.
Yea I think it's obvious Johnny boy is trying to milk his shareholders for that last dime before he cuts and runs. VNDM will start dumping on the bid soon and it will be all over then.
This one doesn't want the BS floating too far or the SEC would get knocked over by the stench coming out of Sunrise.
Why won't Johnny boy address the massive dilution he has created by giving all the imaginary "note holders" billions and billions of shares to dump ?
Sooner or later "fluff" is just a smashed turd on the street.
LOL i have to but not happening here. Maybe if they actually paid the money to allow the news to hit the wires....
I've seen "fluff" move stocks before. That's why they put it out.
Please don't bring logic and reality to this nightmare.
that news came out this morning and is total fluff and BS. Sounds good when you read it but think about it. Companies don't just allow you to take shares of their company for nothing. They issue convertible debt for CASH so they can keep operations running. GRCV has $2,600 in cash. How are they going to be a financier of debt without any cash?
Great News new revenue stream for stockholders!
Grand Capital Ventures Announces Actions to Enhance its Net Stock Holders Equity
Sunrise, FL Dec 30, 2014 - Grand Capital Ventures, Inc. (OTC PINK: GRCV) is pleased to announce that it will be pursuing additional business strategies in order to complement its existing business solutions model. An often overlooked aspect of a public company's balance sheet is its own investment activities. Grand Capital Ventures, Inc. will now also seek to acquire secured debt with conversion privileges or options to acquire common stock or equity securities in other issuers, which are typically the public company's most senior preferred stock at the time of the investment. In cases where Grand Capital Ventures, Inc. has acquired secured non affiliated debt in another issuers, it will seek to convert that debt into common shares, which it can sell or book as equity on its own balance sheet.
John Correnti, CEO of Grand Capital Ventures, states, "We understand that investing in another issuer's most senior and/or secured debt or equity securities provides some protection and is one way to potentially mitigate the otherwise high risks of investing. Since securities that we acquire directly from selling stockholders may not represent the most senior securities of the issuer, we may seek to negotiate terms, such as warrants or other structural protections, which are intended to provide some additional value protection. The upside for Grand Capital Ventures, Inc. is that our company can generate it's equity from retained earnings as opposed to paid in capital. Our expectation is that we can create cash dividends with this business model for our stockholders, which we would also file with FINRA to get approval."
A Company Spokesperson, further added, " The opportunity to enhance cash or cash equivalents on the balance sheet means that the public company does not need to mortgage it's future by accepting debt which becomes a derivative liability when it is goes unpaid. Grand Capital Ventures, Inc. is seeking to be a Business Development Company, once it becomes an SEC Filer. With the additional business model, it will be able to afford a look back audit and the ancillary costs associated with hiring an SEC lawyer to file the Form 10, without having to resort to convertible notes on its own balance sheet. The worse thing we could do as a company is to bring the debt to equity ratios down, only to
Anyone catch the latest amendment??
http://search.sunbiz.org/Inquiry/CorporationSearch/ConvertTiffToPDF?storagePath=COR%5C2014%5C1104%5C65531221.Tif&documentNumber=P13000088457
Those Class B preferred shares have a conversion rate of 1 for 250K common shares. Those are adding up quickly.
12/16 - O/S 1.75 Billion shares
12/23 - 750M share dump-a-thon
current shares O/S - 2.5 Billion!!
ruh-roh reorge! Looks like the only people making money selling these shares are the crooks giving themselves free shares for their outstanding work at running this company into the ground!
$0 revenues
2.5B shares O/S
I see bankruptcy and delisting. Makes sense why the company is putting out all these PRs. They need to dump these shares while the ticker is still tradeable.
better sell better sell better sell sell sell better sell those shares before there is NO BID
Strong bid the move is coming adding the .0002s here is a good idea.
I do too pennymachine. These MM's always think they have the advantage, sorry, not this time. They will let it go and I will be here waiting and deciding when that time comes - GLTU
HCIT
Was at .01+ less than 2 weeks ago, I like my chances of a bounce here
I don't know wayno, I have more to gain then lose now! I have taken my tax loss elsewhere with my Tesla trading shares so I will wait here and that is NOT what the traders want. They want our shares and I'm holding mine into next year.
I've sold too many times on some of these sub penny stocks only to see them come back and go up further & I lost that way, not this time wayno. I'm holding firm! GLTU
HCIT
SELL BEFORE NO BID. IT'S COMING! HURRY WHILE YOU HAVE THE CHANCE
sell take tax loss, all that's left for us that believed at one time
I agree wayno but no sense in giving up here. All I can do is just say, "maybe everyone is wrong saying this is done". I think this is not done and by buying more all the way down, I could regain all I lost and then some. Those are my thoughts and I am sticking to them for it doesn't have much lower to go! - GLTU
HCIT
took thousands in the azz from these morons, they helped me lower my taxes if u are looking for a positive that's about all I can say without cursing every other word GRCV Gang Raping Citizens of Value
Now that is very new for you Wayno, I be here still as well but only hope is what we need and I'm waiting and holding longer - GLTU
Someone trying to manipulate it down won't last. Accumulate the .0002s for big gainer.
Agree nothing really there volume takes out the .0002s
1.5 mil at .0002.
Thank you, whoever you are
Lmao look at NITE 70 mill bid at .0001.
Can someone do something about that on principal alone? My damn funds haven't settled in this acct yet.
Roughly 9 mil at .0002 ATDF ETRF CSTI before VNDM's 10k
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