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"These are the same guys that paid Preferred holders a dividend just a month before filing BK. These are the same guys that handed out bonus's to themselves last Christmas."
That is bordering on criminal negligence IMO!
Is there any action that will be brought against these monkeys in your opinion?
Agreed, we need more transparency and updates from the company...why is this so hard? No one wants to work for there money anymore, everyone wants the quick easy buck, thats how I feel about DRGV peeps at this point..
Warming up here..can feel it..or is it another false alarm?
I see..thx for the response..what did you mean by this statement "The only good thing about the conversation, anything under a penny you'll be ok."
Can you elaborate further?
TIA
You have too keep things in perspective, obviously dont bet more than you can afford too loose..but what else did this person have to say? What was his/her name?
Yup...just waiting for DRGV's time back in the sun..kinda predictable at this pt so this makes it easier for many who have followed this for along time..lets hope that trend continues...
Hope so..just dont think we will see it for another week or so..we need something positive too turn this around..so far gbg was the worst investment I've ever made..I'm not holding my breathe for anything good too come to us shareholders, unfortunately..but its not over yet, I'm trying too stay positive...it's just hard when I look at the facts and stock price..happy 4th to you
Delayed till the 11th.. http://www.grtbasin.com/governance.cfm#BR
Added 11's the yesterday for starter position, I've always liked playin IPRU..its been kinda predictable in the past and Im hoping that trend continues..
GLTA in..
Yeah, agree..seems like he has sold out and now can add too the $hit pile with the rest of them..
Got back into drgv today..a ton of volume and no drop..interesting
Yes, Finbar..it is a Hmmm. I would like to see the business rescue plan as described in item 4.1.2..says it will be published June 21st?
Good, so there are done now or almost there..im surprised its hasnt dipped lower?
Someday this will be a moneymaker..coukd be weeks, months or even yrs but wsgf will shine one day again. The SS is too good and this makes a perfect flyer once we get a sniff of an update
Glta.
Yes..one of the worst decisions made...so we just sit here and wait..nothing else we can do..wonder if anyone in here had trying too contact this so called company about this issue?
I still dont have my new shares in my account yet for this stock...anyone else get them in yet? been too long now IMO..I wonder whats going on?
Seems like just a matter of time before DRGV runs again..good Q numbers, no dilution...lows priced stock..does it get any better? Once this gets attention I see this running back too $.01 area maybe even higher this time? This sleeper under the radar stock should be over $.01 IMHO now but for some reason investors dont see the value here...maybe its b/c this is a Chinese stock???
Ouch..I'm sorry EcoMike..I had hoped this would turn out alil better but thats like a dagger in the heart..kiss this one goodbye as the ship is taking on water faster than than the pumps can handle..only a matter of time now till $.000 hits...
Again Sorry to all who have lost here...truly sad and such a waste of everything time money etc etc!
Thx Finbar99...I appreciated your thoughts on that board and wanted to say a few things to you off that board b/c as you know, most are dreaming over there..I mean dreaming huge and i dont want to be the bearer of bad news, I like your honesty..but its in deep crap there and it will take a nothing less than a small miracle...
JAXB on the other hand is just getting over the flue for the past few yrs and I think this makes a good long term holder, esp under $.5/sh now that it dived today..
Thx again!
Yes, there are some bonds, I think there are 2 kinds, one was trading at $9 the other ALOT higher but I'm waiting too see more info come out before I do anything else.. Although, I bought some preferred shares on the dip a week or so ago
Great post Dano..very well written and well thought out..looking forward to the other parts of your post...thx again
Thats standard for a company that files BK. Do some searches online and read more about how a BK works the rules..you always want too prepare for worst during a BK..the more info you have and how too understand it is in your best interest..
If you were thinking of buying any shares during BK, wouldn't you want to be the furthest up the food chain as you can get? The preferred will be paid before any common shares..its called the waterfall effect
During a Bk..the sh$t runs downhill..I'm not saying buy or sell anything just want too let you know more about the BK rules..always do your own DD..never rely on a board or what someone else says.that's step one..
Glta involved here in Gmxrq or Gmxpq!
On any OTC market ticker..its more likes 1-2 weeks or even months in my experience but def not 1-2 days...
Yup..they are..had sizeable ask on there today..wonder how low they take her this time? Get ur bait ready! Lol
Time to buy is not "now"... wait or end looking at red for the next year..jmo
Gltu!
Exactly! I'm throwing in alil bait tomorrow too do some bottom fishing of my own...will see if there biting..
Gltu
Its all right here...been Known for yrs now, sun spotter has been trying to tell everyone...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67730476
GLTU!!
Based on the chart..looks like $.0007 maybe bottom but hard to call these falling knife plays for bottom?? It might be sooner but I haven't been following this closely. .level 2 might give some more insight on Monday
Looks good to get back in around this area though. .bounce coming?
To all new shareholders or peeps just stopping by..this is a site with a few nice articles for getting upto speed on JAXB
http://www.bizjournals.com/jacksonville/blog/2012/04/jax-bank-preparing-for-new-capital.html?page=all
http://www.bizjournals.com/prnewswire/press_releases/2012/12/31/FL35200
http://www.bizjournals.com/jacksonville/blog/2013/03/institutionaldirectors-made-up.html
Which is a hell of alot better to me than just filing to the joke called Otc Markets...plus they post the financials and any other relevant info on there website as it comes available...new Q shouldnt be far long now as the new Call Report has been filed already
I sent you a PM but here is a nice article about the bank:
http://www.bizjournals.com/jacksonville/blog/2012/04/jax-bank-preparing-for-new-capital.html?page=all
The nice thing is they are going to give us small retail holders the same offering for legacy shareholders upto $5MM..which is vary rare imo
also, the bk vl is now around $.33 area but anytime the bank can raise money above this number it raises the bk value at the same time and CapGen cant buy anymore b/c they cant hold 50% of the company or more..or they would...This part is easy...Follow the big money
Yes, when I get home ill give you all the info on it...in the meantime check out the Jaxb board my friend started it will list a lot of the the info there as well...thx
Yes...but they still file w the FDC...newest Call Report is out and there 1st quarter revs have doubled from this time last year...updated Q will be posted to there website shortly..
CIBH $.59/sh Bk Vl at $.84/sh moving upward, cold hard cash assets..will be $2/sh plus by Christmas!
JAXB $.55 coming off bottom..share offering rights for shareholders at $.5/sh
Watch for bounce by next Quarter. .