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I have never seen a PS behave like this with such a long sustained growth...methinks that there is quiet outside support (non-traditional PS investors) that may know something and is buying up shares...
more than $150,000 invested today alone....somethings up....
If they are getting an audit firm and new law firm and everything else we know here, we are obviously talking OTC near-term and Nasdaq thereafter. But Nasdaq is coming...
I had put my shares to sell today thinking that it had plateaued for the near term but luckily I put them for all or nothing or nothing and no one bought them.
Stock went up 70% from where I was selling it and then I got the reply from investor relations (see my prior post) that they are doing what I would hope they would be doing which is looking for a more suitable audit firm.... these guys may really be the real deal!
From IR:
We are interviewing auditors that are better suited to handle our model and needs. Before uplisting we will have changed auditor and law firm.
Best regards,
Investor Relations
I am saying that no VC company which is what CWIR is claiming to be, would use a small two person shop to report financials, etc.
CWIR is currently the only public client I could find. PERHAPS he had another publicly traded client at one time, but that he has none now is telling. I am just saying that if I ran a company that was going to be uplisting relatively soon I would use a more recognized firm....and in Chicago, there are a lot of them.
How is this company supposed to be uplisted, etc. when the listed auditor is Ryan Goulding, CPA?
http://www.gouldingcpa.com/about
This is his ONLY OTC (publicly traded) client. That means he has NO experience in filing for a public company.
How is this guy able to handle the acquisitions, etc?
I want this to be a real story...I have free shares here...but something does not add up.
We shall see…
With 1 billion shares, and maybe 10% of that being held at the .0022-.0024 range by my estimate, there needs to be a lot more activity in this range to suggest that this has consolidated properly to allow for next tier movement. IMO
What happened? Mojo died....
Thus the trick of trading in pinks.
Just expect every company to have warts of some kind...essentially CWIR is a VC, acquire an under-valued asset (company), make it worth more and then sell it. Same thing as all those house flippers....so don't stress on the acquired companies negatives...look for the business plan to get the acquired company back on track...
So in a Chapter 11 bankruptcy they are protected so that they do not lose their assets...
That being said, a few things to note:
1) Anyone with a claim, has until 10/27/17 to submit so they may not know how much the total liability they have. But keep in mind that many claims are likely "unsecured".
2) By acquiring the company, the court would have had to been notified and approved the acquisition and liabilities would be inherited...now, there are ways to acquire the assets and isolate the liabilities, if they have a smart tax / business structure people, so who knows what the situation is....
3) The current auditor listed on OTC appears to be a single person accounting firm...I would much happier if it was a high tier firm. Also, per OTC, this is the only OTC client the auditor has...
Well, they would not have acquired it if the company was not financially distressed. That fact was announced in the PR. That there are unhappy customers, I would suggest you research ANY used car sales company and see the complaints. And the company responded the BBB letter, they didn't hide from it. Not sure what really happened but I don't see anything abnormal considering the industry and circumstances.
Regardless, the stock needs to be at $4 to be listed in Nasdaq. Hard to see that with the current share structure.
How do I contact him?
A question: they say that they want to convert all acquired companies into NYSE or Nasdaq traded companies within 36 months from acquisition...great goals but how are they going to do that when they aren't traded on either exchange and they don't even have a real auditing firm. The current "auditor" seems to be a person shop...
That being said, I do think that there is the potential to have big news come out soon and the stock starts behaving like it should.
Why would it? No info. No financials. No reason to do anything but wait and see....
The same person who incorrectly told you or somebody else that KPMG is not their auditor??? That someone who I can trust...lol
And how do you know this?
I think it is coming.
Well we're gonna know one way or the other in the next few weeks. At the latest we have to wait until they go past the quarterly reporting timeframe for Q3. If they can't do reporting that they promised and have not reported on anything else since the August 23 PR, we know we have a dead duck.
I hope not but lack of communication is worrisome.
Each shareholder can't call Dave. GPGC needs to announce news and give beginning financials.
No financials.
No news.
No real evidence that this is real except some company in Ohio that says they know Ramiro.
There is no evidence that the company has anything going on.
They have to get on the ball to prove that they are real.
What is supporting it is the fact the after the r/s a few years ago, most people have share value at .04.
There is no pressure to sell at loss so it stay at par.
Beginning balance as of being a public company should be reported in September.
Q3 will be reported in October/November. I would lean towards November as a company's first quarterly report typically takes extra time...
I agree. Per my understanding, it will come in September.
Whatever....show evidence.
Why do people feel the need to tell other people how to invest?
Voice of reason according to you.
First of all, all pink sheets are a gamble...that is why they are pink sheets
I have gotten confirmation from KPMG friend that Mohammed was incorrect. I'm going to assume that he, as the non-CFO/accounting person, does not fully understand the financial/audit changes and that he will correct himself shortly, assuming that what was posted was actually from him.
I like this gamble, personally, but I am with eyes wide open.
Then I have a problem with them because OTC states that KPMG is their auditor. If that is not correct, a local firm should be listed instead
Nice info but how does this validate the relationship?
It is good to know that the information is out on different sites, so thanks for letting us know...
IMPORTANT NUGGETS FROM 8/23 PR
1) KPMG relationship goes beyond audit. They are going to help with the complex tax structures that GPGC will have to comply with domestically and abroad.
2) KPMG is not cheap...they also can't be an investor/partner and be the auditor, which means GPGC has to PAY them. No way KPMG is doing this much assistance without a retainer, etc.
3) They are closing JV deals in East Africa and Asia. This means more REVENUE announcements coming soon!
4) Beginning financials, which are missing and the reason that the stock is Limited status on OTC, are coming...GPGC acknowledged the issue and that they, with KPMG are going to get it done.
I am not 100% sold, but this is a pretty good PR overall...
I think that they are their auditors ALSO. This is that they are going to help the company setup financials to track the individual PPAs which probably has various legal and tax requirements. I would assume that a bunch of engineers do not know this and since there is not a CPA in the organization they would need professional advice to do it correctly.
This reads to me as them being prudent. Just not an exciting PR...
As long as KPMG is not entering transactions or actually making business decisions they maintain their independence and can still do the audit.
Well, not exciting news, but they detailed their KPMG relationship in latest PR
Are people smelling scam???
So, another day of nothing going on.
Has Anyone credible call Martin Pultrusion to confirm the relationship?
I know...my point was that on OTC, Vic was there and no longer there.
They got rid of Vic and they added KPMG.
Simply stating facts...not that one is replacing organizationally the other.