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GRYW FINRA deleted symbol. Inactive security.
https://otce.finra.org/otce/dailyList?viewType=Deletions
Has anyone noticed that there is average volume now. Very very little, but there is volume. This company has been inactive for so long. Makes you wonder.
Something definitely going. Strangest stock I have ever owned. I do know that once upon a time some major players were involved. Just got a feeling that this baby goes to at least a penny before it's over and maybe a lot more.
Indeed! People need to pull their sell orders out and let her get into pennies...it is crazy thin! $GRYW
More volume today...up from .0004 yesterday. Something's going on in GRYW land.
Yeah I saw that lol. That was closer to EOD. I'm talking during the day when it hit 9. We shall see.
Here is their current state of affairs from their website:
The directors of Grayling Wireless USA Inc. ("GRYW") had been in negotiation with the Company's principal banker ("PFK") for some time in an attempt to preserve some value for the Company's shareholders. In the midst of our negotiations an unforeseen event occurred whereby a receiver/manager has been appointed to manage the affairs of PFK effectively ending the ability to reach a successful conclusion on behalf of the shareholders.
Therefore, in accordance with long-standing, securitized loan agreements with our principal banker all of the assets of GRYW and its subsidiaries, ClearCalm and Stone Mountain, have been transferred and the debt has been extinguished. This essentially leaves GRYW with no assets, other than potential value from the future utilization of tax losses carried forward. However, unsecured debt remains in the Company and any future tax loss recovery would be directed toward partially satisfying the unsecured debt-holders, leaving no residual value for the common shareholders.
We do not know what fate awaits ClearCalm technology. We had attempted for several years to work with Scott Health & Safety to come up with the right product strategy to meet their needs, but unfortunately the clock ran out. That's not to say that ClearCalm won't have a life, but that will be up to the receiver/manager and will provide no future benefit to GRYW common shareholders.
We deeply regret having to pass along this very unfortunate news, we thank you for your patience and support over the years.
Board of Directors
January, 2011
There was a $4.50 paint job @ .0045 that brought us up 1400%. Someone wants people to notice this stock.
Several times today a $.01 showed up on the ask. Would be watching this one closely and maybe buying some more depending how it will play out. $GRYW.
I know how these shells work some time, but I was shocked with today. My only regret is that I didn't put a few hundo into like I wanted to. Thanks man. GLTY.
I posted earlier that the only possible reason there is interest in this stock is that the shell will be used in a reverse merger. I believe the company has some valuable patents and some people know that. Why else would you get this periodic volume and price spikes? Still think this could be a huge gainer but not for the faint of heart. Good luck to all longs.
hehe....outta nowhere....free shares looking nice
I bought this month ago and BOOM.I toyed with adding a little here and there, because I know things like this can happened. I wish I did. How can we find out if this is worth holding onto? I haven't found a thing on it since I purchased it. Thought?
Looking very interesting again. Tomorrow could be big.
No news...where did the pulse come from?
What is up with the trades disappearing? Is that even legal? Is anyone else seeing it?
If you read that letter closely it says "no value to Grayling shareholders". What if there is a reverse merger and suddenly there is no Grayling but another entity? My guess and it's pure speculation is that Grayling has some valuable patents relative to wireless technology that somebody wants hence the recent activity. If so this could be a big money maker. Let's see what happens today. Cheers and good luck to all longs!!!
Everything about this stock is mysterious. Absolutely no information available. Accumulation at 300k a day, after hours, almost everyday. I emailed the POC and he responded with the same letter, which they conveniently refreshed after the last spike. I asked about outstanding debt and got no response. Something is brewing you are right, but I am not convinced if its good or bad. I just dont know, but at the current price its certainly worth the risk.
I think tomorrow will be very interesting. $$$$$$$
they just posted my trade on the streamer...that's different
I've never seen this game before. the 100k at 9 was mine. they erased it on the streamer but yet it sits in my acct.
Filled Buy 100000 GRYW Limit 0.0009 -- -- 11:09:27 02/04/13
my guess is they will show it as a t-trade after market closes.
imo....they do not want any interest or buys to show if they can help it.
200k traded and its up 50%. yah....i'd say that's thin
I think something very big is brewing. Just a hunch but I have a feeling a reverse merger is in the works. I think there is value in the GRYW shell that some folks know about and want. Good luck!!
Good Morning, anything brewing here? Thanks. $GRYW
Think this is gonna be a big week!! Stay tuned and long.
Wow are the market makers playing games with this one now. Trying to keep it down. Taking orders from someone just don't know who but this stock remains interesting. Waiting to see what plays out but still have a hunch it will be big for longs.
What are you guys thinking? I agree there is accumulation for some reason. Do you think its an RM? Who knows if the company still has debt? There is no pump for a pump and dump, just an unusual spike. Accumulation appears to go back a ways. I have never targeted a potential RM but thats my only thought about this one.
Yeah true, the float alone should put this stock in pennies. Thanks! Not selling thats for sure! $GRYW
I think something huge is brewing. This is not a pump and dump. Big accumulation by major players. Follow the smart money. I believe the stock is easily worth more than $0.05 in next couple of months.
I bought 100K shares last week...DO you guys think anything is brewing with $GRYW? thanks.
You are spot on. Major fake out here. They just want super cheap shares. Can't keep it down much longer
market makers know the penny traders are impatient. they are looking to pick up shares from the impatient traders who found out they didn't get rich overnight.
I agree. lots of shares got locked up last week and there weren't that many to begin with.... :)
any buying pressure and its off to the races.
I agree. This stock is being accumulated by some very smart people. Some valuable patents in my opinion. Gonna be a huge week. Get on board and good luck to all.
Yep, the USA part being based in Canada was kind of a clue, but we will see. I bought a few hundred bucks worth that I can let sit forever or lose lol. The spike followed by a deterring letter leads me to believe they want people out for some reason.
I emailed also but have not received a reply as of yet. 99% of the plays here in the dungeon are scams. Time will tell but i don't have enough info to label it a scam yet.
I emailed the poc, he responded with the same letter lol. Definately a scam but who knows what they have planned.
It wasn't there before. Looks like a shell play to me. will tuck this one away and accumulate if they are able to work it done with impatient traders. this could be very fun. hell already has been.
Now if you go to the link of their website there is a letter dated Jan 2011. Was that there before?
i agree. added more today.
somebody wants it, I think it will go next week, but I could be wrong.
I don't think anyone here knows why this moved like it did... lol
I still have no idea what the hell I juct bought into, but this is fun
should be seeing a flash crash on low volume and then a bounce soon.
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