Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
No, actually....it would be the same story, not a different one!
It may help TFN, but it has yet to be seen where that translates into anything for BKMP!
Yep, and JF's consulting firm billed GZFX for many many hours of consulting (anyone wanna make a bet????)...
Could someone please explain to me how TFN being on Joost and now on VEOH TV is a good thing???? Exposure yes, but isn't it all free to anyone who wants to watch it???????
How does this help TFN and better yet, how does this translate to BKMP and the pps?????
and this is in fact where you are wrong.....
"b/c it is increasingly more difficult for them to make a profit as the bid drops"......
First and foremost, it is in fact GGI that controls the bid....is it not? Lets see an entity with seemingly un-ending shares to dump onto the market and who can control the rate at which they are in fact dumped onto the market.....seems to me like they would in fact have a major hold/control on the bid and the ask for that matter.
Secondly and also most importantly....GGI converts shares at an 18% discount to the average weighted pps....they lose absolutely nothing! and can in fact dilute all the way down to 0.0001 and still lock in an 18% profit on the conversion and sale of shares....it is done repeatedly with this type of death spiral financing......and it is how hedge funds such as GGI make money for their investors!
Now had your statement mentioned something like maintaining a maximum profit while the bid drops then yes, it is increasingly difficult to do that, but with an 18% head start at every conversion, GGI is still making money all the way down!
Thanks AU.....hind sight is 20/20 isn't it!
and would one expect a buy-out candidate to be dumping billions of shares onto the open market during said buy-out negotiations Mary????
De-valuing shares to the point of a no-bid???
I pulled my sell order....not that it matters, no one was there to buy them even at 0.0001 anyway!
Passed time! another problem IMO! The least they could do is get that out on time!
This is my only holdings....if this goes belly up....(NO BID).....then I will have no funds to re-coup my investment with.....no confidence in SW whatsoever....as he continues to dilute shareholders IMO! in the face of what is supposedly a huge buy-back!
Attempting to sell out of my position here today.....anyone wants shares at 0.0001 better step up!
Everyone has their own delusions Wayne......you are free to continue to have yours also!
and the key words in this phrase....."No reverse is planned at this time.".....ARE "at this time".....
LOL....anyone who thinks this will not RS in a heartbeat once GGI is finished dumping billions more shares onto the market needs to have their head examined......just watch how fast "plans" get changed at that time!
Yep.....250-300 Million shares in dilution added monthly.....when the shareprice gets even lower, the dilution will increase in order to compensate......
Can't wait for the next sharecount update.....
At what pps??? LOL!
I also sent an e-mail to Mike.....and like you, no response was received!
I would not underestimate Williams understanding of the situation here one bit....he knows the complete picture....and that is why he plays this stock....and I mean plays it for every "free" share he can lock in!
Best of Luck to you Bill....and much randomness to you also!
JF proposed 9 Billion when the SB-2 was registered with the SEC.....the shareprice used for the registration was 0.0050 pps...
No way this stops at 8-8.5 Billion when the current shareprice is now more than 10X below the registration price.......at least be real!
Wanna bet.....no RS....that in itself is a laugh! This will RS and the ratio will have to be very very hefty indeed!
Just watch how JF spins it....when the time comes! Of course it will not happen until GGI is done dumping shares to fund GZFX....because once it does RS, no one in their right mind will want to touch this for some time to come!
No, it is the same idea as having posters here on the board insist that each member/shareholder of GZFX stock should support the company by being a subscriber....IMO....
If this were not so, then tell me exactly how someone completely unaware of GZFX would find information pointing them to GZFX's affiliate program and how they could benefit from this program financially????
Guess they will find all this information on the side of a bus??? or perhaps a "grass roots" word of mouth campaign on stock boards???
LOL! Lame, lame, and lamer (oh wait shouldn't that be more lame)??? what do you think JF can you check that for spelling and grammer for me??? LOL
In order to prevent other competitors from adjusting to our market plan changes......That's a laugh!
Hmmmmmm.....so what winning competitors would want to copy a failing marketing plan to start with??
Or perhaps they could study how GZFX/GGI/JF have taken shareholders for a ride and continue to dilute the crap out of shareholders to a tune of 200-300 Million shares per month....lets not even discuss how many shares it will take for the deal with GGI to be satisfied....far far above the 5.8 billion shares initially registered at an estimated pps of 0.0050!
No, but if it were the truth, then it can not be mis-represented as slander!
So Mikey, answer me this....Does JF have a consultant firm or not???
Don't need to say anything about the dilution....it couldn't be any more clear what is happening here....dilution is driving the pps into the ground and has been for a long, long, long time now!
Hey, check the chart if you don't believe me...or better yet check out the stock count updates.....diluting to the tune of 200-300 Million shares per month (minimum)!
Please note the safe harbor statement....(IMO)....if it works for GZFX and every other scam out there it works for me......
Hey, how is that pumping working out for ya???
JF has his very own consulting firm....and that is exactly where all/much of the fees for consulting are being funnelled (IMO)....also the reason why no consultants/fees are named!
In the end, JF and his wife will own everything outright and GZFX shareholders will have nothing! The company has been built on the shareholders backs, but all the assets belong solely to JF and his wife!
Totally agree....pivotal point in what sense Wick??? They/JF has no choice but to keep selling shares for funds.....it is the only thing keeping the doors open at this time! You know it and I know it...and they are into GGI for many many more shares than have already been registered IMO!
So is MGC GZFX's savior??? Dont think so! So why is it being hyped so hysterically on this board....guess when/if you have no other news to discuss....a sponsorship of MGC looks good???
BEst to you!
MODS please remove derogatory and intolerant posts!
Your post is in very poor taste and should be removed....where are the MODS!
Well, at least based on the early morning line-ups....seems as though support has shifted slightly to 0.0003 pps.....9 MMs on bid at 0.0003......looking for another new low here soon enough!
Which means, that with the current OS at 7.3 billion shares, GGI can accept 722 Million shares to sell onto the market at a time....and then of course they can always continually restock that supply just as long as their holdings do not exceed 9.9% of the total OS (which is also an ever increasing value)!
don't worry though, support at 0.0004 looks strong thus far...but GGI will be happy to reload some at 18% of that once the selling begins anew at that level!
I wouldn't waste your time trying to explain to some individuals how toxic hedge fund financing works.....funny how the low pps hasn't stopped GGI from continuing to dilute to the tune of 250-300 Million shares per month for the past several (and I mean several) months now isn't it???
Guess GGI can pretty much trade this all the way down to the bottom of the well and WILL!
What about the half sleezy, shady, and deceitful???
Except you forgot to mention the part about re-loading and then repeating the process ad naseum.....at these prices, GGI essentially has an infinite number of shares at their disposal! And GZFX has little choice but to sit back and watch the pps fall as a result of the toxic financing deal that JF agreed to.
Unfortunately for the shareholders, this issue may never recover without drastic measures...(RS).....it is coming, the only question is when at this point!
FOS scale....Full of chit scale???
What company attempts a take-over with Billions of shares being dumped and billions more to hit the market....the only way for SVET to manage a take-over of GZFX (which I believe was a complete farce and only designed to dump shares) is to purchase all those shares that GGI is quite willing to sell!
Billions and Billions of them!
No way GGI loses at any price.....if it hits 0.0004 today and then goes back to 0.0005/0.0006 GGI can load the boat at an 18% discount to the 0.0004 and then sit back and sell sell sell at the 0.0005 or 0.0006 pps and rake in the money....
Fib...opted to ignore option iii in the SB-2 agreement!
GGI is in the business of making money all the way down to 0.0001 if need be!
Also, it is very very important to note, that volume here has nothing to do with dilution.....as seen in the past...even on low volume days...dilution has continued to take place....at a tune of 300-400 Million per month for the past how many months???
I stand corrected!
Actually, the number magically increased to 150K without any information on a build of infrastructure to handle the increased traffic! Now with Chip being gone....what happens to the infrastructure and who will be maintaining the website?
Cheers....it used to be 15K subs, but then just increased!
And just think, the winner gets a three out plan for free for three whole months??? LOL! Way to raise the bar JF! What's that about 50 bucks????
That ought to bring in lots of competitors!
Already factored in....yeah right, sure it is....and when the OS doubles from the current levels you still expect investors to believe it is already factored in????
LOL.....whatever you say! Wink Wink.....
I will be able to watch the reaction to the updated sharecount based on the dramatic drop in the pps....
If it is already factored in, and there is nothing to hide from investors then why has StockInfoSys data not been updated in 3 months as JF has stated????
Sent an e-mail to MG regarding the crap taking place here with BKMP...unfortunately have not received any reply....not suprised, but was hopeful that MG would have some words for BKMP shareholders regarding all the crap tactics employed by his chairman (SW)???
How do we spell collusion again???
Anyone have anything good to look forward too here aside from what appears to be a stop/slowing of the dilution that has been witnessed recently???
Still holding all my shares (very nervously and with much anxiety)!
and JF won't update the sharecount information until the next quarterly (IMO) because the shareprice is already "dangerously low" and the amount of dilution added during the past months would send the shareprice even lower!
The numbers will have to come out soon enough, but not until either JF has some good news to balance the information with or until he has no choice but to release the bad news concerning continued dilution here!
If there is a small swing to the upside before that update...I wouldn't want to be holding shares at that time unless they are "freebies".....might be a buy after the sharecount is known??? But even then I would only play a little for a quick cash gain!
Short covering takes place at the ask! and results in upward pressure...not a zero bid! Nice try though!