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I dunno, seems like there's an endless supply of suckers here on OTCBB/Pinks... I was one.
I see they're adding some much-needed variety to the pump scheme.
I'm sure the dilution will remain consistent and relentless.
Another *irony* here...
is that some claim to see intricate patterns in trading, MMs, L2, etc. but can't see the obvious "pattern" taking shape right before their eyes...
clean, acquire, dilute, repeat.
The names change (some of them... not Andrew, not Traveller, not Bollman, not Transfer Online) but the scam remains the same - worthless company magically buys promising company with millions in revenue for pennies on the dollar.
My guess as to what comes next... the 8K where we find out Jones is swimming in debt and about as healthy as... oh what has the name changed to? TTR-HP, that's right.
LOL.
So let me get this straight… In December of 2006 AERP (then FCCN) was an empty shell with an acquisition plan. Shares were around .02 and there were a lot less than 5 billion of them.
Today, AERP is an empty shell with shares at .0002 and (AT LEAST) 5 billion of them in (or about to be in) the share structure. But hey, they have another acquisition plan LOL.
Talk about rinse and repeat… they have gone EXACTLY full circle while selling billions of shares and putting the PPS in the crapper.
Doesn’t take a math expert to figure out those who bought between December of 06 and now have just been screwed… in my humble opinion of course.
Hmmmm... so AERP just paid someone 2.6 billion shares to take the actual product off their hands, leaving them an empty shell with no product and a whopper of a share structure. WOW.
As part of the transaction, and in an effort to offset the liabilities of TTR for the purchaser per the advice of our Auditor, Aero issued Flo-Co 100,000 shares of its Series A Preferred Stock, each share of which receives 33,333 Warrants to purchase common shares of Aero. The purchase Warrants are divided into three classes, designated A, B and C Warrants. The A Warrants vest six months from the date of issuance, the B Warrants vest twelve months from date of issuance, and the C Warrants vest 15 months from the date of issuance. The purchase price associated with the Warrants is $0.00005 for the A Warrants, $0.00004 for the B Warrants, and $0.00003 for the C Warrants. In aggregate, the Warrants entitle the holder to purchase a total of 2,611,000,000 shares of Aero common stock over the next fifteen months. In addition, in the event of a recapitalization of Aero's common stock by means of a forward or reverse split, all of the Warrants will vest immediately.
That's all well and good, but the Government will likely support LEGITIMATE bussinesses. Based on their dilute-RS-repeat cycle, unkept revenue promises and shady ownership (Peacock/Javelin), it is clear that GGLB is NOT a legitimate business, green or otherwise. It's a scam. So your theories are better practiced by investing in a company that actually intends to make money, not just sell shares.
Please.... these kinds of PR's have been coming out for over a year and the only thing that has consistently happened is dilution and complete lack of revenues. This is one more promise that will bring nothing to the bottom line of this diluted pig IMO.
He has a real way to make money on GGLB... print PR's and sell shares.
I don't think he got taken, he's in the business of squeezing money out of worthless shells. I don't think he's an idiot either. A piece-of-crap worthless waste of human flesh, yes. But an idiot? Nope.
fourkids,
What I've never understood from all the talk of manipulation is... what's the solution? I mean, my (admittedly few remaining) shares are worth .0003 regardless of how they got there.
The end result is still a decimated share price.
Bankruptcy doesn't make any sense here. Why do that when you can R/S, drop the occasional PR and sell shares?
Yes, it must be!!!!! Wait.... why is that?
Those shares? I'm pretty sure I sold those to you at .01
And no, I still don't want them back.
Agreed. My original investment is now worth less than a dollar.
I'm sure he has no intentions of letting this stay at .0001 much longer.
A quick reverse split will fix this stock right up! Can't wait...
To get to .03
This company that does less than a million in sales and loses over 2 million per year would need a paltry 60 million dollar market cap (2,000,000,000 x .03)
Sounds likely.
Cool, good luck to you.
And, as someone who has been in and out of this one for over a year (out since before the last R/S), definitely keep a level head on this one. You don't want to be stuck "investing" in this pig.
And if it fails, you buy more at .0001 and then they announce a R/S? Then you lose.
I haven't been a fan of this stock for some time, but if Hunsaker thought bankruptcy was on the horizon, wouldn't he take the shares and dump them while they still hold *some* value?
As for the constant cries of MM manipulation... that's all well and good, but the share price tells a much simpler story, and with 2 billion O/S and a company that's bleeding millions of dollars per year... triple zeroes sounds about right to me.
Well, the usual would be "china" but he already PR'ed that (and dumped nearly 100 million into it) so I'm not sure what's next... mining gold? LOL.
Maybe the promise of a buyback or dividend. That reels in a good number of suckers every time.
PeaCOCK seems intent on driving this to the ground so he can do yet another R/S.
Bingo.
As of October 2, 2008, the Company had 2,219,457,804 shares of common stock outstanding.
Nice.
I think in the case of *certain* people it's more like "buy loudly, sell quietly."
I still own a small (now worthless) position as well, but sold the bulk before the R/S.
When I saw (in the 8K) they were paying the top executives something like $15K/year to run this company I realized this was not a "real" company and bailed.
Since then it's just been a train wreck.
And it definitely seems like they're just dumping the A/S in preparation for another R/S. This is just criminal.
Wow today's dump approaching 90 million... any guesses when the next reverse split will be?
Maybe GGLB can sign someone big to show some money coming in. This IMO is the only thing that's going to move this stock.
PLEASE be careful with that line of thinking...
GGLB has shown time and time again that signatures do not equate to money coming in. Look back at all the "signature" or "LOI" PR's... then see if you can find a single dime of revenue from any of them.
Double Digits? Maybe after the next R/S, which it appears should be happening soon.
PART III -- NARRATIVE
State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q, N-SAR, or the transition report or portion thereof, could not be filed within the prescribed time period.
Green Globe International, Inc. can only afford one printer. That printer was busy outputting millions upon millions of shares; therefore, we could not print out the paperwork for our auditors in a timely manner.
Really? What happened to all those cheapies you snapped up pre-split?
Did you sell or have you been averaging down?
I agree. Makes you wonder, doesn't it?
On 3/7/08 you posted
"I think some are going to look very foolish in about 30 days."
(post #8365)
The share price was .02 back then. So you were definitely right, those people who said it was a great buying opportunity back then look quite foolish.
Go where? Back to the printing press?
It's Bob Cotton that has all the shares to dump... don't expect it to end anytime soon either.
I think the headline should have been,
"Peacock Justifies Caribbean Vacation at Shareholder Expense with Anticipated Agreement"
Gotta admit, the guy is smart if nothing else. Permanent boondoggle company.
I too noticed the word "revenue" was suspiciously missing from the PR.
Hey, I wish I only had $40 in this POS.
Wow.
The indexes tend higher, but we're not on those indexes. We're in pennyland, where the general trend is downward.
I'd love to see a penny stock index over 5 years, LOL. Most of the companies don't even last that long.
Riiight, they got themselves a 5 billion A/S but of course have no intention of using it, it was just for the hell of it.
Get real - those 5 billion shares are headed for the market.
Oh please.
Empty OTCBB shells with 5 BILLION A/S do NOT trade at .015
Do the math.