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In 2016, Dorvil took his first company GEX Management public. The US Secretary of Commerence Wilbur Ross named Dorvil the youngest African American to take a company public in US history. Under his leadership, the company grew from $500k in 2016 to over $8mm in revenue in 2017. The Dallas Morning News named GEX the fastest growing public company in North Texas. In 2018, Dorvil sold controlling interest in GEX to a private investor and resigned from the company.
Today, Dorvil serves as at Dog for Dog. Dog for Dog is a social entreprise that makes food, product and cash donations to a dog rescues and shelters for every sale.
Dorvil has received a number of awards recognizing his work. In 2010, Dorvil received the Minority Business Leader award from the Dallas Business Journal and GEX made it to the Top 100 on SMU's Dallas 100 Fastest-Growing Businesses list. In 2011, Dorvil was the youngest-ever honoree on the DBJ’s 40 Under Forty, and GEX was Number 450 on the Inc. 500 List of fastest-growing companies in the United States. In addition, he has been asked to speak at multiple SXSW events and asked to give a TED Talk at SMU.
https://www.linkedin.com/in/carldorvil
wow didn't expect my .96 to fill that was a nice surprise.
Ok, been trying to focus more on some of my other stocks lately and wasn't sure if other information came that led to the change in opinion. Thanks for the response and GLTA
So have you changed your thoughts on the extension now? Was confused why so many of you thought the R/S was imminent when it clearly stated it was not.
Hey guys new to this stock got in this morning at 0.80 after seeing its progress on the FDA calendar. Seems like a great run today, any ideas on when the higher dosed Naloxone is supposed to be released? Appreciate any info posted on here GLTA
So I just spoke with a receptionist from Meritra health who GXXM has apparently done the most recent public agreement with. Granted she is a receptionist so who knows if this is even worth anything but she knew nothing of Gex management and was unaware of any partnership she stated. Found that a little bit odd.
Flaflyer I feel that your so focused on negative aspects instead of trying to see this from a neutral ground. There are a decent amount of signs showing there is more to this however, everyone is entitled to their own opinion. Oracle I greatly appreciate the posts you have supplied because what you point out is what many of us are holding this stock for. Best of luck to all.
My thoughts exactly. I would have to agree with you Oracle.
A virtual office makes more sense for what I believe is taking place here. Good to know, thank you.
Does anyone live within distance to pay them a visit and at least see whats actually taking place at their office?
fortunately this is your opinion and nothing more than that. In the end nobody here knows what the play is exactly, speculation is all that is posted on this board.
From the last Quad M 10Q
(ii) PR345, a business enterprise consulting firm, plans to provide: (a) specialized staffing services for a variety of professional industries including, but not limited to, medical, education, financial services, technology and hospitality, among others; (b) specific back office services including accounting, payroll, and a full complement of Human Resource (HR) benefits; and (iii) serve as a Professional Employer Organization (PEO).
The Company understands that Aurum, 75% owner of the MMMM Mining Subsidiaries, Lander Gold Mines, Inc. and Nomadic Gold Mines, Inc., will continue to operate its leases and staked claims of such entities which, as of the date of this Form 10-Q are 25% owned by the Company.
There is allot of bullshit going on with the company but the idea that they are working with Meritra makes me still believe that GXXM is PR345. Not here to instill false hope, just saying I wouldn't write this one off completely even though it looks terrible.
its kinda funny the connections that still exist and would make it seem as if a merger or something is going on behind the scenes. However the stock is suffering and there seems to be no PR showing any type of merger so who knows at this point. The Joshua Rebecca tie still makes me think there's more to this. Sucks waiting and waiting but maybe something will still come of this..or its a wash..who knows. They will need good PR if they have any hopes of maintaining the price target after the R/S to draw in new investors. Nobody that is in this currently is going to keep putting more into it.
Yes I believe they stated post R/S the price would be placed around 0.10
Going to hold and see the Q3 results then decide. It would be a loss for me at this point so going to hold for now my avg is 0010 right now ..would like it to be lower but didn't want to invest any more in here once i was down a bit. The company states that we will see results of their hard work in Q3/ Q4 so I am interested to see if Q3 results are good how the stock will move. Allot of people are waiting to get out of this, news would have to be good enough to bring in new investors. So at this point the best answer I can give you is I would love to sell prior to the R/S if the stock moves up. However nobody knows where this is going to move so until then its a waiting game.
An RS is usually bad but if the company attracts investors and gains momentum after the split then it can have a better outcome. It will be very bad if they R/S then dilute it down again to trips..then your money is essential vaporized as you said.
There is still obviously a connection between GXXM and PR345 by Joshua Rebecca...that frequently is forgotten about because people are upset with the stock which I can understand. This could be part of the plan but Its all speculation.
Do not put false information to mislead people. The actual statement in the article is
"
The Reverse Split ratio one-for-one thousand (1:1000) was based upon the recent share price of $0.0001, and Management believes that the Reverse Split ratio may be lower than 1:1000 and may, in fact, be in the range of 1:300 or 1:500 or perhaps lower."
It does not give a range of 1:100 or 1:50 other than saying perhaps lower.
So in your opinion this is a scam that they are just going to R/S and then dilute down again? Just curious where people see this going now because I have not been in a stock like this before. Thanks
Def 14c filed
FlaFlayer is certain that there will be a Def 14c filed today or Monday so I am interested to see if that happens because the way I interpreted the filing was different.
I gotta say from reading the filing it does clearly state they are extending the R/S...there's allot i don't like about how this company is operating including the fact that they will not return a single email or answer a phone. But in the situation of the R/S they do clearly state that they are extending to see if they can get the R/S below 1:1000 and even state in the filing that they would rather do a 1:300 - 1:500.
i'm in romania that's not happening..feel free to put in some time of your own.
5900 BALCONES DRIVE, SUITE 100 AUSTIN, TX 78731
That is their registered office address
So you interpret the 180 day extension they clearly state in the recent filing as just a false statement? I'm confused how some people think that is irrelevant. I'm not saying your wrong I just want to know why some of you are ignoring that statement.
I think we can all agree that they are not going to sell shares at this price..no new investors are jumping into this without some good PR. So if it doesn't make sense to raise it that high then usually that's because something else is going on. I wont sit here and be a cheerleader like some people on this board, however I am still very confident that patience is going to pay out big here.
i think good news will come sooner than we think. All these steps are not for nothing.
Joshua Rebecca is still signing GXXM PR. Joshua Rebecca is still listed as the registered agent name for PR345. There is still obviously more to come out about the moves being made behind the scenes. I find it impossible to say they are not related.
On August 21, 2019, the Company’s Board of Directors approved the engagement of Slack & Co. CPAS (“Slack & Co.”) as the Company’s new independent registered public accounting firm for the year ending December 31, 2018 and review the interim quarterly financial statements for the periods ended March 31, 2019 and June 30, 2019.
I do love seeing that they have appointed the same independent registered public accounting firm as Quad M Solutions.
hahaha
I am out of the country with no access to a phone at the moment, has anyone tried calling the numbers given on the 10Q or website recently? I will send another email today but I would love to know if they are picking up at all. Thanks for any updates, much appreciated!
I agree..you sell and i'll hold..we can see who is happy in January
"To accelerate these efforts, GEX has partnered with a reputed, Delaware based Recruitment Process Outsourcing (RPO) firm to bring in highly experienced IT strategy recruitment consultants to work with the GEX sales team to rapidly place qualified candidates to these active positions and start building out the revenue pipeline – these efforts are expected to show results starting Q3/Q4 2019 and continue into 2020 in line with the strategic plan outlined at the beginning of the year."
In addition to these planned strategic growth initiatives which are expected to fully materialize starting with the second half of 2019, management has been focusing on materially improving its balance sheet by significantly reducing or eliminating the debt or debt like instruments related to convertible notes and asset related liens introduced in 2018 while simultaneously exploring opportunities to reduce or eliminate the high interest MCA related toxic debt instruments that resulted in significant interest expenses to the company and a burden to operating capital."
Sometimes I think people don't even read the information put out and they just listen to other peoples interpretations.
Exactly...a few weeks ago ppl were crying saying they wont even be putting out new financials and the company is dead. Now they have shown that they are still operating and people are upset that the share price wont skyrocket today.
lol I would have to strongly disagree with your statement that there is no connection. Just because it wasn't stated doesn't mean there isn't a connection still. Anyone who actually follows the DD here and wasn't banking on this 10Q to push this stock up drastically today is not currently surprised.
The numbers are due today
I gotta agree with Tex, when looking at this and trying to see it from both sides, I have a very hard time convincing myself all these connections are just coincidental. But at this point nobody truly knows what is next so were all just waiting this out now.
Quad M just put out their 8k I have not gone through it yet.
https://www.sec.gov/Archives/edgar/data/66600/000147793219004911/0001477932-19-004911-index.htm
I'ts being manipulated and held down like always just look at lvl 2. They will keep doing this at least until there is news that pushes through so for now don't stress.
No problem I just wanted to let you know that was shown in the statement that the 0.10 was for preferred stock shareholders. We don't own preferred stock unfortunately. I do believe we will see a decent spike with positive revenues though and I hope people don't jump ship to early. GLTA