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.
Happy Friday Birdy!!
why wait so long if the deal is solid and ready to go. oh that is right, right before the release of the Loi increase in AS
Letters of intent (LOIs) are controversial under law being viewed ambiguously, as both binding and not binding. In Corbin on Contracts, a highly respected 14-volume law book updated twice yearly, the late Arthur Corbin commented on a letter of intent in the following terms: "'¦ a letter of intent is not a useless document, but it is not, in principle, a contract except perhaps a contract to continue bargaining in good faith."
after the past failed attempts to bring value for shareholders this company and anything the company does needs to be questioned. nothing can be taken in good faith when it comes to shareholders money at this point and time.
31 days until closing of the deal even though they said maybe before with their track record i don't see it happening in that time i think we will see the dilution begin the market did not respond well to the Loi and there is no catalyst for it to do so now all that is going to occur is the AS increase to start hitting the market for more shares to be sold by the company imo, and then with the history of the company no news no pr no indication of closing and another pr in the summer stating deal did not complete, nor did it even commence. IMO.
Thanks!
imo the market has spoken. dumping of shares after the Loi is a great indication. not able to get past the first resistance, not even close to the second of 3's during the release of the Loi. now the 2's are stacking and on the 5th there were taps of 3's but nothing close to getting through the resistance, might as well count them as paints. now the 3's are being smothered by you guessed it stacks of 2's cause they were not dumped on the initial bid of 2's.
12/07/17
0.0002
0.0002
0.0002
0.0002
unch
13,049,222
12/06/17
0.0002
0.0002
0.0002
0.0002
unch
10,813,600
12/05/17
0.0003
0.0003
0.0001
0.0002
-0.0001
104,737,000
12/04/17
0.0003
0.0003
0.0001
0.0003
+0.0001
497,256,992
the 4th and 5th Money was made it appears. the PPS is all telling of what the MARKET thinks about this company easy to see. the buzz has faded the volume as well. seems like another attempt to sell shares. the summer buzz failed horribly and now it seems like the winter Christmas gift this year from the company was coal in the stocking or hope of a car muffler or something who knows now one thing or another does not matter just the pps truly matters. the FAKE NEWS of debt and divestiture were just too much for the ticker.
if buys come in the ask goes right back up almost 90 million now and hard telling how much on AON.
THIS! with how management has said one thing but done another, nobody should be holding their breath on this Loi.
imo.
and yet nobody is snacking on them.
there are 2's available.
without a doubt if the news were as good as it is being built up to be this would have ran to at least 0.0005 IMO until the actual "Merger" occurred which it did not.
a few months back if one were watching L2 BMIC was present first on the ask, this was before the increase in AS. also vndm and bmic at their position now does not mean they will stay there since they were there since prior to the AS as well.
management has already enough of my money, once management actually shows proof they care about shareholders then there might be a reason to do so, as of right now it is clear there is no regard for shareholders or the belief in honesty.
it can't even get past the first resistance and the next resistance is at 0.0003. how is it get going to get to 0.001?
the PPS is telling with NEWS this size and yet it could not break the first resistance at 2. the trust might be gone on this one.
hmmm,
i do like rocket fuel. (:
Since their 3 years never panned out. "Ongoing Concern" of operations, the borrowing of more money from Carebourn Capital and then the selling of restaurants OH NO we didn't sell Restaurants, Since we restructured debt, Oh No we didn't restructure debt. Also the NOH@ PR was just an embarrassment. The only thing that can truly be verified is the INCREASE in AS. The Rest is deception there is a good chance the LOI is just another thing to put on that list.
its churning baby!!!! that chart is going to bounce hard.
time to find out BMIC true colors.
once gone this has potential to run imo.
and yet the ask is growing now almost 120M
sounds positive as well news and opportunities
if nite out of 4's this has a great chance
i don't know who you are but you are CORRECT!! $ASAB
no buying pressure would not be surprised to start seeing some of that new issued AS on the ask
nice bid and ask, chart is working itself out this could easily hit 0.001 imo today, ask is thinning and vndm at 0.003 with the accumulation could see this one get out of trips by the eod.
market is not feeling this one apparently, NEVER have i seen a merger in the otc that did not do really well, they have went to the well once too often with the bogus PRs. clear to see PPS
looking like it! $ASAB.
major hits.
i will be honest i was steadfast in my belief that this was a ticker with substance. however after doing more dd and realized the overall picture it just did not add up. it makes me sad to say cause i defended this ticker for a very long time but now i am coming to terms about what is factual and what is hope. the facts are laid out for everyone to see. promise after promise and look at the PPS. Just go back and look at the PPS and all the promises from management over the past years. NONE had an affect on the PPS cause more and more shares have been issued.
https://www.barchart.com/stocks/quotes/GRAS/price-history/historical
it is amazing how they don't even know they were reinstated it is amazing that they went from pizza to insurance to mufflers back to carmelas and i have a feeling this will not happen in jan. the company probably will go dark imo. i just can't believe it.
False Statement. Down 33.33%
HAHAHAHAHAA!!!!!! LOL!!!!!
Not going to happen when it is clear in the prs.
Just go look at the last PR in July and it states clearly that debt was restructured. This is lying to the public and is a violation.
It is blatantly lying to the public, I understand about making money in the otc, but this is nothing but deceit. It is a shame.
Go Read the PR Spark Go Read it from JULY!
NOW WE KNOW WHY NO 10-K
After negotiations over the weekend, management of GRAS is pleased to announce that the divestiture and restructuring of debt is now completed. GRAS looks forward to profitable operations in the insurance syndication space, as originally contemplated. We apologize for any confusion occasioned by the press release of July 21, 2017.
Why did they said the debt restructured in July and now it was not complete?
They now said no debt restructured and the PR in July said it was completed?