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I'm a bit of novice at all of this
Can you please explain what this means?
I bought at 0001's(several years ago) .... I'm willing to gamble $500 to see if anything happens.
I've lost way more money on a lot dumber things!
I'm not sure what this has to do with GNCP???
Can you spell it out slowly for the kids in the back of the class....
Why would anyone sell at that price when they could sell for 2,3,4 or 10 times that much when they make an announcement?
It won't take much to move the ticker!
Over 500 million....
They can't for another year or so.....
Sell me your .0001's!
I'm assuming that once they are current they will announce a reverse split...... Thoughts?
All weekend long, talk talk talk.... Monday.... Crickets!
I Mr see that large of a purchase.... Buts definitely picking up in the action.
What's going on.... Almost daily action and increased volume.... Something about to pop?
And then nothing today! So frustrating
A little more action today.
Not sure any of this has anything to do with it... But the last few weeks have seen the most trading this company has done in a year.
Looks to me like someone(S) are quietly loading up.
New name.... Same BS players.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104632275
I've been in for over 3 years.... I'm ready to see it move!
There hasn't been 250K shares sold recently!
What news?
April 11th, 2016 I believe.
No.... He sold it.
Thanks.... Your polite response is greatly appreciated!
Where did you see that? (The O/S)
There is only about 10K shares available, so I wouldn't expect it to far to fast.
Tank and then bounce!
On thing is for sure, with there only being about 400,000 O/S.... It will be pretty obvious when/if the company starts dumping.
I honestly don't think they will. I think they will wait on the massive drop in PPS to settle after it starts trading again and then they will announce there plans and what they are raising capital for and they will sell shares for that purpose.
If you pay attention to this I the future it should be a great opportunity to average down!
Steven's isn't the CEO.
There is only 400,000 O/S at this point. I don't think it will fall that far.
Actually it will 500M A/S and 2M O/S
They can sell and sell and sell!
Only hope here is that it drops like a rock from .5 back below a penny before bounces and we can buy back before the bounce!
http://otce.finra.org/DLSymbolNameChanges
Not to say I told you guys, but.....
The facts are this, currently the O/S are 1.9B and the proposed A/S is 500M. If that is approved they will need to turn 1.9B shares into 500M shares.... Pssst(whispers) That's called a R/S!
The only questions are....
1) How big of a R/S will it be?
2) Will they announce it before or after it takes effect?
And...
3) When will all this happen?
Again, if you dig around on the Nevada Secretary of State website you may can find this info.
How about a side bet on whether or not this stock does a R/S?
The new 500M A/S is only a proposal.... They have more than likely already filed a request for the R/S.... If anyone knows how to search Nevada Secretary of State website you probably could find it!
How else do get an O/S of 1.9B reduced to the new A/S of 500M? You either do a R/S or a buyback!
The only other option is to dissolve the stock and that would surely kill the company before it could get started!
There us no feasible way to do this merger without a R/S, the new company will need stocks to sell in order to raise capital. They will not do a buyback, it will definitely be a R/S.
The only question is how deep will they cut us!
Good thing is, it's on the floor right now. If the new company is legit they will announce the R/S BEFORE it's effective date!
Either way, I bought ones and will make money once this takes off!
Agreed, it makes the thought of buy back by the company impossible/unaffordable!
Not once they excuse the R/S
My GUESS is a 1 for 100 R/S and PPS climbs to $1-$1.50 within 6 months.
They will almost have to do something with the share structure so that the merging company will have shares to sell in order to raise capital.
Unless they do actually merge it with a company that has plenty of cash on hand and the start buying up these cheap shares to sell later..... If that is the case, this stock will with dollar bills in a week!
But that never happenes and I not think that is the play here!