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CEO doesn't own any shares in the company. He has no incentive to add share holder value.
This would be true if the CEO actually owned some GTHP common stock. This stock is not an investment it is speculation.
Yes, that would be great if goes to 11.50 so I can break even. This stock is a typical stinky pinky.
Depending on when Shandong got their stock - it's probably not worth a $1 million now
Predicted 800:1 RS in October? Pretty funny considering your first post in November predicted GTHP would go to 100 (100th of a cent would have been better)
First post
However, This post was a bit more prescient
Good one Frank
Everyone wants the stock to go up. Someone sold the stock. No one makes any money.
I wouldn't call the Daily Mail a 'very reputable' news source (unlike the Financial Times). Still, this article may move the price by a penny.
I need pps to be about $14 to break even lol
Last tick 0.15
Gene Cartwright does not own any shares. He is not interested shareholder value.
So, is the "new" strategy to reverse split so each share is worth about 8 cents and then 'the board' votes to increase authorized shares to say 1,000,000,000 and then dilute (again)?
The company has limited (348M) authorized shares to dump now at this price. Below is the company's dilutive 'conversion' history.
Outstanding shares:
11/27 — 809,983,322
11/28 — 842,661,289
11/29 — 879,213,013
12/03 — 952,284,852
12/05 — 1,057,696,014
12/06 — 1,187,758,835
12/10 — 1,220,793,318
12/11 — 1,273,572,318
12/13 — 1,329,107,747
12/17 — 1,570,179,874
12/18 — 1,636,473,992
12/19 — 1,693,850,372
12/20 — 1,752,873,992
12/26 — 1,894,668,110
12/27 — 1,982,084,777
01/02 — 2,135,438,444
01/07 — 2,198,938,444
01/10 — 2,243,327,361
01/14 — 2,413,327,361
01/17 — 2,476,827,361
01/24 — 2,652,269,361
Yes, that's true
I will. Another red flag is 2 billion authorized shares - primed for dilution.
It's also interesting to note that no insiders i.e. board members or officers own any common stock. This is another red flag for me.
GTHP used to have the OTC QB designation. When doing DD on a company check to see if officers and board members own any of the stock. The folks at this company have no skin in the game. I wouldn't be surprised if this goes CE
At 9/30/18 current liabilities were $10.7 million. All the conversions should cover it (Almost 2 billion). Have to wait for 12/31/18 financials to find out. Also note that there is negligible insider ownership.
I would have stayed away from this if I had known better.
OS #’s Updated - continued conversions
11/27 — 809,983,322
11/28 — 842,661,289
11/29 — 879,213,013
12/03 — 952,284,852
12/05 — 1,057,696,014
12/06 — 1,187,758,835
12/10 — 1,220,793,318
12/11 — 1,273,572,318
12/13 — 1,329,107,747
12/17 — 1,570,179,874
12/18 — 1,636,473,992
12/19 — 1,693,850,372
12/20 — 1,752,873,992
12/26 — 1,894,668,110
12/27 — 1,982,084,777
01/02 — 2,135,438,444
01/07 — 2,198,938,444
01/10 — 2,243,327,361
01/14 — 2,413,327,361
01/17 — 2,476,827,361
01/24 — 2,652,269,361
Continued dilution/debt conversion by the company. I predict a R/S when the OS gets nearer 3 billion.
OS #’s Updated
11/27 — 809,983,322
11/28 — 842,661,289
11/29 — 879,213,013
12/03 — 952,284,852
12/05 — 1,057,696,014
12/06 — 1,187,758,835
12/10 — 1,220,793,318
12/11 — 1,273,572,318
12/13 — 1,329,107,747
12/17 — 1,570,179,874
12/18 — 1,636,473,992
12/19 — 1,693,850,372
12/20 — 1,752,873,992
12/26 — 1,894,668,110
12/27 — 1,982,084,777
01/02 — 2,135,438,444
01/07 — 2,198,938,444
01/10 — 2,243,327,361
01/14 — 2,413,327,361
01/17 — 2,476,827,361
Continued dilution/debt conversion by the company as indicated by CEO Gene Cartwright in this article. I predict a R/S when the OS gets nearer 3 billion.
OS #’s Updated
11/27 — 809,983,322
11/28 — 842,661,289
11/29 — 879,213,013
12/03 — 952,284,852
12/05 — 1,057,696,014
12/06 — 1,187,758,835
12/10 — 1,220,793,318
12/11 — 1,273,572,318
12/12 — 1,273,572,318
12/13 — 1,329,107,747
12/17 — 1,570,179,874
12/18 — 1,636,473,992
12/19 — 1,693,850,372
12/20 — 1,752,873,992
12/26 — 1,894,668,110
12/27 — 1,982,084,777
01/02 — 2,135,438,444
01/07 — 2,198,938,444
01/10 — 2,243,327,361
01/14 — 2,413,327,361
Continued dilution/debt conversion by the company. I predict a R/S when the OS gets nearer 3 billion.
OS #’s Updated
11/27 — 809,983,322
11/28 — 842,661,289
11/29 — 879,213,013
12/03 — 952,284,852
12/05 — 1,057,696,014
12/06 — 1,187,758,835
12/10 — 1,220,793,318
12/11 — 1,273,572,318
12/12 — 1,273,572,318
12/13 — 1,329,107,747
12/17 — 1,570,179,874
12/18 — 1,636,473,992
12/19 — 1,693,850,372
12/20 — 1,752,873,992
12/26 — 1,894,668,110
12/27 — 1,982,084,777
01/02 — 2,135,438,444
01/07 — 2,198,938,444
01/10 - 2,243,327,361
Continued dilution/debt conversion by the company. I predict a R/S when the OS gets nearer 3 billion.
Here's some actual recent "news" about the stock structure
Do you know what due diligence is?
Lol. He's pumping another stock now. I got out of this at .005. Stopped by for some comedy relief.
Thanks GTHP for the "chump change"
Gonna make some pocket change flipping this
I own shares, ask the tooth fairy how much
ADAC going CE is not the company's fault? That's good one. Blame it on the tooth fairy
Look at my previous posts and you will see I got suckered into this before it went CE
Not on ADAC though
Thanks trader59 for keeping it real. Still waiting for the next pump to get out of this POS.
fitty cent. LOL
What makes you so special?
Post from 3/29/18 when the stock closed at .0403. LOL
That happens when you play the stinky pinkys like this one. Hoping for a decent pump.
Oh no - the CRAP pumper is back. Watch this POS tank again
Been here since February too. Waiting for a decent pump so I can dump.
"...works perfectly" if you like to lose money. Check out Mr SMART's posts and correlate with ADAC stock price. It's a great laugh.