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DH, that is an excellent question and should be asked-
Tony, that is one thing I think most of us forgot about was the selling over hang of the people who bought the private placements-That does explain a lot-So we just have to work that off and once done the short will cover as the downbside pressure will be off and we should be on our way-
Yes, those are warrants, or long term options, but the private placements of actual stock sold was done at .0003
Look BOZO, You and I made an agreement to stop communicating and you broke that agreement with a post that was clearly erroneous as you can not do simple math-Now who is the stupid one here? I think you should look in the mirror to get your answer-Again, stop posting to me and I will not respond to any of your stupid posts-Got it BOZO????
Triple check your math because 100,000,000 times .0003 is 30,000-Now, I have refrained from answering any of your stupid nonsensical posts out of respect to the board and here you go showing again what a buffoon you are-Please stop posting and wasting everyone's time here-And if you had a lick of common sense, do you really think private placements are going to be purchased at or above the market??? Back in January, the market price was not at .003, and then we had the big run, but these private placements were done at .0003-
Some of these private placements are probably the ones putting pressure on us by selling because they bought in at .0003-There is a lot of stock practically given away that is killing the pps-And the short seller feeding off this has spelled a much lower stock price-I would not buy again until we start to see the trend reversed or a stock price at .0005 because there is still downside here with the terrible market and the dynamics of these private placements and the short constantly putting pressure on us-It will eventually clear up, but not until after the next quarter's financials, assuming we show good things, which I think we will-But these private placements although necessary to raise capital are killing the stock price-
What looks grim? If you are referring to the value of your portfolio, you are probably correct-
Charts are irrelevant with pennies-Too easily to manipulate-GDHI will explode in due time-
Drax, that is very interesting how long it took to get you filled-
Are you actually suggesting if GDHI breaks .0014 that people should sell? You must be kidding!! First of all there are no such things as stop losses on pinks and if this price is not a screaming buy then nothing is-
Mum, Pennypicker has been here a long time and is definitely long GDHI-Everyone is a little frustrated-
It is not in the MM's interest to short a stock into non-existence because they then lose a vehicle of making money for themselves, but when they see a huge seller then they short the stock and make money for themselves while the stock drops for them-It is called making an "orderly market"- And we all know it is bs-
It is a combination of the MM's (they are the only ones who are allowed to do naked shorts in such volume here, which is what we are seing every day) and a major seller who is allowing them to take advantage of the situation-
Our short "friend" hit .0015 and then .0014 bids with about 9 million shares-
Must be filled now with our short "friend" smacking us down to .0014
Tony, it is really difficult to figure what the game is with this short-Those stupid analyst reports saying on the one hand that GDHI is making impressive progress and growth but yet even at 1 million in sales the stock is only worth .001 because there are so many shares O/S is a pile of rubbish because the ratios these people use do not apply to a start up growth company which is showing an infinite growth pattern-Those ratios apply to mature companies at little or no growth-One really wonders what and why-And I think Frank will retire 500 million more shares-
You have good thoughts but what almost always happens with reverse splits is the stock comes plummeting back down because the underlying stock trading dynamics have not changed-Frank is doing the correct thing in retiring shares and I hope he continues the process at a later date-I have seen several 100:1 reverse splits and invariably the stock plummets to the price it was at before the split so holders of the stock lose big time-
Reverse splits are never a positive event for a stock-
The MM's are the only ones that can execute naked shorts like this, to contain the stock price and drive it down-It is a good bet that one or more of our MM's are doing the damage to GDHI-
I agree with you-The number of O/S shares posted makes no sense and I would like an explanation-Don't think that is affecting share price because we have had this short (probably the market makers) squeezing us for over 2 months now-Probably discouraged traders who just bought epecting follow through from yesterday sold today and thast is putting more pressure on the stock-
Something is going on with all these stocks-OWVI is also very very weak lately and it has had nothing but good news-
RT, unfortunately we are getting ours but not where and the way we want it-
No one cares who has authority so Frank has to keep executing his business plan and eventually things will take care of themselves-
Oftentimes in penny land a 5000 share buy or sell is used by market makers to signal to other market makers what to do and what direction to take the stock-It is all crooked on a day to day basis-
Don't think so because a lot of stock been hitting bids for weeks and all a concerted effort to contain GDHI price-The activity and shorting indicates market makers because most brokerage houses do not allow shorting of sub pennies, but market makers can naked short-It has to be them-And Penny, would you intentionally lose money out of anger for someone?
These market makers are the biggest crooks I have seen-As Tony said, they are supposed to naked short to make an orderly market, but theya re definitely trying to contain and drive GDHI stock price down-
Yeah, I think so-There are many stocks I see out there as short candidates and this is NOT one of them-Don't understand the risk/reward for a short at this price-The company is beginning to generate cash flow, business is going to take off, good solid markets and business plan-Hard to figure why and whay this short thinks he is going to gain-GDHI is deinitely not a bankruptcy candidate, so hard to figure-
I am shocked at where the short is getting the stock to sell-He just hit .0017 bid for 8.5 million shares and is now dumping on .0016-With all the buyside volume today, I am really shocked at how he is still able to contain the price here-WE have a lot of fresh new buying from new longs and one would think that the volume would lift us out of here-If you notice it is when the volume slows down that he does his dirty work because he knows there are not enough buyers to stop him, so he waits until volume dries up to do his dirty work-
Yeah, the numbers do not add up-
I agree with you-The retirement reduces the outstanding number of shares, but not the authorized or issued-
Dshade, they probably mean the authorized and issued is still the same number, because the outstanding shares can not be-Under the definition of outstanding shares, any shares repurchased or retired by the company are no longer outstanding shares according to Investopedia, a Forbes Company-
This is the best action we have seen in over 2 months-After the last 100 million share retirement in April we ran right up to .0023 and proceeded to come all the way back to .0017 the same day without any upticks once the downticks started-Here we have downticked twice and come right back lifting offers-This shows a lot more strength than before-I suspect we will close over .002 today-Let's see-
Correct-That is what he is trying to do-Because he wants the price lower, but we have a large new buying interest based on Q1 so I think the short is going to have a very difficult time controlling our stock going forward-I thought it would be Q2 and beyond that we would finish off this short, so maybe we will finish him sooner-
Because we have been heavily shorted and the short does not want to give up-The new influx of buyers will make it difficult for him, which is good-
Excellent questions Ferris-I am going to ask Frank why sales in Q1 did not meet his projections; was it logistical problems or what, and I want to know how things are moving off the shelves right now and based on what Frank knows and has seen what his sales projections for the year are-Does he still think we can do close to $1 million in sales in 2010-I asked Frank 2 months ago about frozen foods and he said that is coming in 2011-I also want to know if Frank has identified the foods that will have greatest sales and higher profit margins and can we gear delivery to those products-
Kas, I expect we will do well as the year progresses-Frank has been nothing but excellent as far as delivering on promises and being honest and upright, kind of refreshing-DH and DShade made good points about the upfront costs as fixed, not variable and would be the same if we had $1 or $250K in sales so profitability is not that far away-The CC should be very interesting and I know Frank will answer all questions that we have-
You did a great job in letting everyone know that Frank would be delivering financials by may 15th-You were right on the mark and so was he-Good job, Kas-
You are like the little boy who cried wolf-You start something and then you don't own up to what you said or did-I am glad this will also be my final post to you-It is a waste of the board's time and that is not fair to others-And you certainly are not worth the time-
DShade, you and DH make excellent points about the front loaded fixed costs
Look at yourself pal, you started in on me with "do you get out of the wrong side of bed every day" when I was making some comments about Frank's report and my comments were certainly not negative and they had nothing to do with you-I have called no one else here stupid, as most here are insightful and at the very least well intentioned-You came on to this board, bashing the company and showing a complete lack of knowledge of most anything, lack of depth of any thinking and not well intentioned-In other words so that you might understand in the simplest of English, it is never going too far when telling the truth-
That will help but we have to show really ramped up revenues and a much smaller loss in the Q2-Frank said that we would be profitable by Q4-He has got work to do to show a profit by Q4-If we see 200-250k in sales in the second quarter with a loss 0f 20-30k but good gross margins then we willbe on our way, but we really need to see those kinds of numbers for the stock to move, otherwise the shorts will not cover as there willbe no need for them to do so-