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.
I hope GTSM is a MM and not a trader. If it is a trader they are complete idiots. Putting 500,000 on the ask is a sure fire way not to sell your shares.
Here we go with retards on the ask. Trying to push it down again!
Totally.
You also predicted EXL* was going to .05 on Monday. How’s that working out. Looks like you are down quite a bit there.
Exactly. Stock is so thin!!
That will be released this week. They have to do it within 4 days of the event and it must have been completed before yesterday, with the name change and everything.
The 8k will bring in more volume and I expect we see an end of the week PR after all brokerages are able to trade the stock.
This stock is so thin. That 8k will boost the PPS and the PR should send this north of .06 when they release it.
10k out just now. We should see the 8k at any moment and a PR should follow.
https://www.otcmarkets.com/filing/html?id=13732325&guid=5PjSUns94R-N8th
This always happen during the first hour after big gains. MM games. We will see .05+ today
Here we go with the market maker trying to induce selling
When did you buy?
E*TRADE let’s me put sell order in. Of course I’ve been holding for a few months now.
Articles are from 2017.
It was issued at $2 a share as were shares to Demarcus Cousins and crowdfunders. It is all in the financials.
“ The Company has estimated the fair value of such shares at a total of $2,000,000 and recorded an expense of $1,000,000... ts. The total consideration for the above services is 100,000 shares and $ 40,000. The Company has estimated the fair value of such shares at a total of $200,000..”
At least they actually have a product unlike 99% of sub-pennies. It is also a great idea, they just need to work out the kinks and design flaws, which I am sure they are currently doing.
In regards to over a million dollars in general and administrative cost, one million of that consists of share based compensation. Excluding the share based compensation, administrative cost was just over $161,000 which isn’t bad at all.
Yes, eventually it willl, but we don’t have to worry about that in the short term.
Yeah, they needed to raise the A/S in order to complete the merger. Insiders will hold just over 3.5 billion shares once it is completed. The exact number is in the filing.
That only matters if there is a forward or reverse split. Name and symbol change does no affect trading.
Or someone trying to keep it under .003 so they can accumulate shares. Either way, 3 won’t hold. Just like the million at .02 didn’t hold.
.05-.10 tomorrrow
Companies have 4 days to file 8k after occurrence of a reportable event. Not saying they will wait the four days, but technically it could come any day this week.
So funny people are selling right now when financials or custodianship are right around the corner. Can’t believe they don’t just wait it out. It will be hilarious is financials come out today or tomorrow.
VERT on the ask. That isn’t a good sign.
Yeah, CEO of Striper before PGPM, which was also suspended by the SEC. I talked to Sam numerous times. Nice guy, but he also promised me that he was going to get another shell and give PGPM share holders a 1 for 1 share exchange for their now worthless PGPM shares. I guess he changed his mind on that.
Sam Smith is the CEO. Same guy who was CEO of PGPM before it was suspended and before that Striper which was also suspended by the SEC.
Court date changes to 11/24 now. Guess they are giving current management an extra month to get their shit together.
Thanks Smitter. In all honesty I believe that new rule is a disaster. I am glad to see Janice provide some clarification.
I agree and I also don’t mind waiting another month, two, or whatever it takes. Hell, I held RARS for almost a year, went through a Lazar R/S and the stock still went to over a dollar after, so we all know the final outcome here will be positive for those who are patient.
I have been involved in multiple cases like this one. They have already gone through the first motion and first status check. The second status check is tomorrow and as far as I know, current management has not followed through with what he claims was going to happen. I.E. no shareholder meeting was held, No oil and gas deal was executed., etc etc.
I have posted the full document of the first status check, so if you find that post you will see what current management claims they were going to do and also see that they have failed to follow through with what they told the courts.
Also, with the new SEC rules concerning delinquent stocks going into effect sometime in November, Lazar’s attorney will be able to point out the stock will not be tradable if custodianship isn’t granted and the course current management is currently taking significantly hurts shareholders.
I am going to email David Lazar’s lawyer Peter Chasey tonight. I am going to relay to him that as a shareholder I am concerned that the current CEO of the company has yet to bring the companies financials current. With the SEC’s new rule about non-current companies losing their ability to trade publicly through the loss of Market Makers, the courts should rule in favor of Lazar getting custodial rights.
Otherwise current shareholders run the risk of the current management not bringing the company current and our stock becoming worthless. Current management has not done what they said they were going to do in the August filing.
I will also email this jackass John Marshall. I have reached out to him twice but he has never responded to my email. Anyone who wants to email current management, the email address is jim@marshallpc.com.
Probably won’t happen and I actually hope this goes back down to .005. I’m holding the shares I have now, but I will i definitely will be buying more over the next week and a half as these impatient people sell. We all know this is going to at least .03-.05 after merger.
Watch Merger completion be announced tomorrow or the next day. I would love seeing people try to rush back into the low float stock.
I agree it is coming, but if it doesn’t come tomorrow it doesn’t mean much of anything.
It may not happen tomorrow. The S-4 statements specifically says they can not say for sure when the merger will close. 22 days was a estimate on when it would be completed.
Maybe it’s the current CEO (James Marshall) selling shares to pay for Financials being updated. Either way, this is going up next week. If Lazar gets control it’s a good thing. If Marshall retains control it will mean he has closed the oil and gas deal and will be updating financials.
Definitely someone or MM trying to push this down. Nobody would sell with the hearing less than a week away.
Need to clear out those .0116’s.
glad we are getting rid of the people who have no idea how to trade penny stocks. Way rather get rid of them at these levels than at .05+.
Agree. Patience is key here. I’ve been holding since the day the Custodial Filing came out. Haven’t sold 1 share yet.
Amazing how stupid people can be selling here with what’s coming up. I guess in the end it is a positive thing to get weak hands out of the way. Of course it could also be Market Makers attempting to induce selling.