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There was an S-8 Filed on the 15th... this is an OTCBB stock so they file before they dilute. They filed to dilute 25M shares, and today there was 140M traded compared to 2M on your average day. I'm pretty sure they dumped all of the shares today and triggered massive selling. Its way oversold at this point IMO
Freaking awesome because I bought in at .001 today lol.
lol, no you didnt say dilution but I thought you implied it with this...
"They created a nice little pump that got sold into." and
"There are tons more shares looking for new homes." I was thinking that by "they" you meant Greenstone. If you meant the newbies that jumped in on high volume, sorry for the misunderstanding. However, someone did say something about dilution ad we now know thats not the case
I was right about no dilution... looks like our buddy Sheff got some information (BTW sheff is someone you can definitely trust on these boards)
http://investorshub.advfn.com/boards/read_msg.asp?message_id=28722200
You bought at 11 cents and held a penny stock for this long, thats no good. Investors rarely profit from penny stocks
I know that you know where I got the share structure, so i suppose that you want to know where I got the information that they would want to dilute the remainder of their shares at the best possible price? Just common sense in my opinion i suppose. 20M is not even that much to begin with, but all i'm saying is $20,000 is a lot different than $40,000 and if they think they can sell it at .002 if they let it run as opposed to .001 now, they wouldn't dilute at the 52 week low (unless they have to in which case they don't have that much to go). They could always raise the authorized, but it would have to be approved first, and as that hasn't happened yet, we should assume that they will dilute when they can get the most money.
hes trying to suggest that the company is diluting lol... They have about 25M shares left to dilute, they would not do it all at once, they would try to get the best price possible and so would not be selling shares at the 52 week low especially in a time like this when they are doing plenty to get their stock up.
FMNT please TIA
but if you notice, the short term, yet very significant downtrend of the stock was broken. If .0008 holds as a bottom for now, the chart will look very bullish. I hope it will as I hope more news related to Fire-pruf is due soon.
traded 450K in the past 2 hours, can't believe it
For future reference...
people sell when they think there is too much pumping going on. people sell when people start shouting things like "to the moon" and "to a penny!". So although you may think that posts like that might attract buyers, they do more bad for the stock than good. I hate seeing things like "weeeeeeeeeee" and other thoughtless rants that only signal me that the bag holders have jumped in for the ride. Keep it on a minimum when you are happy, don't be afraid to show fear, and don't spam the same information (positive or negative) over and over unless its requested as then you are a pumper/basher.
lol thats exactly what i was thinking haha
bs... they should restrict selling online too
Nothing has changed, people wanted to see a lot of buying this morning, but no news came and no buyers, triggering the impatient to sell. Volume has died down a lot though, when it picks back up it won't be hard to move it right back.
no pumpers, just people talk less when their stock declines... don't make all of your predictions based on EOD action the day before... not always right
buy sadness now :) Otcpicks did an alert for this, hate those guys
Congrats sheff!! too bad 2500 of those are yours :) lol just kidding hehe
Thanks Clay!!
Do a chart on GSHN tonight :) nice action and close
would rather see it come slow and steady then something like asii lol.
tomorrow will be even better, chart only setting up
Just breathing now :) we got plenty of room to go
completely missed my point... never said the company was great, just said I don't understand why a college girl writing a paper would be in here trying to upset GREM investors. These are not people doing research like you, most of these guys DO have shares.
BOW CHIKI BOW WOW i think is the phrase to use here :) .0008 x .0012
The company is valued at $300,000... If you think that they could possibly flood the market with 15,000,000,000 shares and still hope to retain some of their investors, you're insane. They can't sell them if nobody wants to buy them... If nobody wants to buy them, they're worthless anyways. First, a company cannot issue more shares than they have authorized, (they can increase the authorized, but this does not fare well with investors and it is not as easy as you might think) and second, we always know how many shares they are diluting, so it is not like one day they will say "surprise! theres 15 billion shares outstanding!" You can find the share structure today, and find it a few months earlier thanks to their FILINGS WITH THE SEC.
You're report is not as interesting as you might think.
yay my order finally executed at .007, think t hey gave me the bid even though when i set it it was the ask. I definitely think we're onto something here for sure. This product will definitely become their flagship product (since its like an upgrade of their old flagship product) so we will hear a lot more about it. Also, this was a few days before the fireproof wood story came out
(Marketwire - April 14, 2008) - Greenstone Holdings, Inc. (PINKSHEETS: GSHN) announced today that the Company has introduced a new product Anz Ceramic Coating™ (ACC), which is a revolutionary way to reduce energy costs. ACC was developed by Anz Environmental Development Co. Ltd. in Japan. ACC was born from a leading nanotechnology process utilizing layers of ball shaped submicron size ceramic particles to reflect approximately 90% of sunlight. Actual buildings with their roofs coated with ACC have shown that ACC can reduce the internal temperature of a building anywhere between 14 to 22 degrees in Fahrenheit. 1 degree reduction will save anywhere between 5 to 8% in energy cost, which means ACC can save a lot more than 50%. In addition to buildings, ACC can also be used on vehicles, trains, and ships. In the City of Hiroshima in Japan, ACC is used on city buses to reduce air-conditioning costs.
"We waste so much of our precious energy by just keeping our houses or cars cool. More than 10% of all electricity used in the United States comes from air conditioners and that percentage will increase if the global warming trend continues. ACC will certainly help reduce the air conditioner usage and will contribute in reducing the greenhouse gas emission," said Sal Miwa, CEO of Greenstone.
The part in bold is quite an impressive claim as well :)
bought more at 52 wk low, .0007, but I couldnt get my entire order filled. I trust this company more than i trust the others ive been in and i don't think they would say they invented fireproof wood without inventing it, because thats quite a claim.
Nice bounce today, 20% :)
Why don't we doubt the companies that don't file anything, and put out PRs to pump their stock rather than the companies that try to hide as little as possible
good lord sheff... Great minds think alike i guess. I had already hopped into GSHN, at exactly .0013 after the drop this morning. Go bookmark the ihub page if u havent already :)
Claytrader chart http://investorshub.advfn.com/boards/read_msg.asp?message_id=28560619
He wants to see a close above .0013 or .0014 to confirm a breakout.
I don't think that would be hard to do as the thing traded nearly 40M shares in the first couple hours of trading during the run. Volume died down after that and stock fell on 9M shares.
Nobodys talking about fireproof wood lol :O. Is that not as amazing as I want to believe? GSHN
No problem, im sure you saw that already. Still I haven't seen anyone as excited about fire proof wood lol. After someone's house gets set on fire from getting struck by lightning, they will sue the home builders for not making the house out of fire-proof wood lol. Just joking around, but the idea is awesome.
Greenstone Introduces Fire-PrufTM Wood, Non-Flammable Wood for Homes and Buildings
NEW YORK, NY--(Marketwire - April 16, 2008) - Greenstone Holdings, Inc. (PINKSHEETS: GSHN) announced today that the Company has introduced a new product, Fire-Pruf™ a special chemical to treat wood and make it completely fire-proof. Fire-Pruf™ has been invented by Mr. Toshio Ito of Nippon Funen Mokuzai(NFM) in Japan. NFM is also the manufacturer of Green-Dri™ Biological Dry Kiln. Fire-Pruf treated wood has recently been officially accepted by the Japanese Imperial Household Agency, a management agency overseeing the properties of Japanese Imperial families, many of which are wooden structures. The first delivery of Fire-Pruf treated cypress material was just made in late March.
"We are very excited about the introduction of Fire-Pruf especially for home owners in California," said Sal Miwa, CEO of Greenstone.
Awesome...
GSHN - fireproof wood :) awesome imo.
build my house out of fireproof wood, thats awesome.
All right :) I really like GSHN for - Introduces Fire-PrufTM Wood, Non-Flammable Wood for Homes and Buildings lol. Build my house from fireproof wood lol ;O
Hey can you do GSHN too?
thanks pennies!