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prof, you got a front shot of that picture
don't hold your breath for that one.
jf doesn't buy back shares, that isn't his business, his business is selling shares. It's amazing how these stocks take on a life of their own on these boards completely disconnected from any kind of investing reality.
pan, wick has the only way of playing this and that is a possible trade. No one should misinterpret this as an investment in a company. personally I think there must be a thousand better companies to trade.
will do
wick, the rocket may fly for those who don't own this now, but only with a possible trade which will probably be a remote possibility. Any news with this is going to be looked at very carefully. Deals with companies and obscure movies and anything which sounds good but in reality has no substance will be seen for what it is.
I hope you're right wick, especially for those who have lost almost all of their investment. I personally see a r/s with this as a one day wonder that will drop like a brick. Even if jf comes out with some big news I don't think it can be big enough to pull the 'titanic' from the bottom.
wick, I know you made money and you are probably among the very few. I guess time will tell about jf, but for most no more time is needed.
wick, I was wondering why you are still here. There have to be other stocks out there that make good trades as this one is only good if you can short it. I think jf may have bamboozled you too. he's a slick dude who can make a few deals and that makes him even more dangerous to the naive investor.
wick, a r/s is not good for anyone who owns this stock. it may allow jf to raise some more money and run this into the basement again. even if you assume jf knows what he is doing he can't raise even a fraction of the money needed to make this a success.
The problem is most are aware of his incompetence with running a business and his expertise at taking investors money.
wick, a good reason for whom?
now that's a beautiful picture
isn't that jf in that mercedes
JF LIVING THE DREAM, SHAREHOLDERS LIVING THE NIGHTMARE
Wick there are three possibilities with the ceo
1. he is a professional penny stock con man
2. he is totally incompetent in the current business
3. 1. and 2.
I vote for 3
We've been had. I hope the SEC can do something about it and they become active in this. Even though the ceo has tried to cover all the bases in protecting himself if there was criminal intent to defraud and questionable actions and dispersement of money then jf will not be sitting so pretty. There have to be some slip ups here and there. In the final analysis we have only ourselves to blame and have to learn from this and realize almost all these stocks are the same. Don't fall for the story again no matter how good it sounds.
JF LIVING THE DREAM, SHAREHOLDERS LIVING THE NIGHTMARE
wick, I take it you are still in cash with this.
I get the feeling that times are starting to change and the sh*t is going to hit the fan with these trash stocks and their ceo's taking peoples money. It's been going on for too long with the SEC sitting on their arse. It is imo white collar crime at it's worst. It would just take a few changes by the SEC to protect naive investors. Even the real slick penny stock ceo's who have tried to cover themselves in every way possible may be open to SEC action.
Boricua, you can't bash these otcbb and pink sheet stocks. They are almost all trash I do have an agenda and that is to warn people who fall for these trash stocks. This is not investing or even gambling, it is giving your money to sophisticated con men. I have said it before, I hope this thing runs so people can recoup some of their money, but stay away from these stocks. Don't fall for the story that seems so logical and great on the surface but never pans out. It's the same thing over and over again. The 25 bil a/s was the real clincher and some knew it and bailed immediately.
tax write offs are great if you have the income to write it off.
the only one who needs a tax write off is jf. jf is a professional at what he does and it ain't runnin a business - watch out.
if this thing were to run imo do yourselves a favor and get out while minimizing your loses. If you see another story of a otcbb stock or a pink sheet stock stay away and run for the hills unless you have a track record of making money on the moves and don't get emotionally involved and there are very few who can do that. Don't fall for the amazing story of these junk stocks. These stocks can be addictive because of the possibility of making it big and this is what jf and other ceo white collar criminals prey on. If you are looking for some great opportunities with good returns from real companies there are 2 I would recommend. They are speculative but 100 times better than gzfx. First is 3com symbol coms. They just closed on a Chinese acquisition paying about half in cash and borrowing the other half. This is going to be a powerhouse of a company. there is no rush to buy as it is going to be a gradual increase but with the possibility of a dip here until earnings show signs of improvement which could be the next quarter or until guidance looks positive which could also be next quarter. I would buy on any significant dips and even consider the Jan 2009 leap(options) to maximize your leverage. All the key people of the new company are staying on and they are in the same area as Cisco but are very sensitive to customer needs and innovative and the ceo is a visionary in this field imo. The other company I recommended awhile back when it was around a $1.00 a share and now it has just made a move and is around $2.50. Symbol clrt. If it pulls back to around $1.80 it may be worth picking some shares up. Good potential with this stock. Good luck with your investing and please do yourself a favor and don't buy otcbb or pink sheet stocks. Pass the word and send a message to these ceo clowns that they need to get a real job and stop the theft.
gattes, there is nothing you could say that could bash this stock. Follow wick's lead as he has a good handle on how to trade these things and that's all they should ever be is a trade.
you have to beat jf at his own game and it isn't easy and just a hand full of traders can do it without emotion and without getting tied to some idea of this company soaring into space.
jf is in the business of selling shares, not buying them back. anything is possible but highly unlikely.
not hard to make predictions with these stocks. jf is sitting fat and pretty and he couldn't be happier. he laughs at these boards and at all of us. it was a con with teeth.
mike, for the sake of all the shareholders who have held onto this I hope I am completely wrong and I have to eat my shoe.
erock, I think your description of what is happening is clear and to the point. gzfx is a public company only in name. because of the rules (legalized theft) in penny land the ceo can do whatever he likes and is not accountable. I'm sure jf and chip laugh at all of the people who lost their shirts with this thing as they are headed to the bank. Would be great to listen in to a conversation which might go something like this. 'chip, shareholders are complaining and whining they lost all of their money. jf, if they were dumb enough to buy into this thing and not understand what we intended to do to them from the beginning then they deserve it, we let everyone know what was coming with the 25 bil. a/s and they still held on. jf, this is like stealing candy from a baby.' These stocks are a legalized and somewhat sophisticated form of real theft. They are a con game and they work time and time again. What I would like to know is how can there be such a thing as a 'basher' of these penny stocks as you couldn't say enough about the trash that they are.
Doc, you're one of the smart. was it the increase in a/s that made you bail?
agent, I'm just trying to be realistic with this company. 3 mil. laying around will probably pay jf and chip's salary and all their perks and consultants for a year. They would need 500 mil. to even have a remote chance to make it big time. The stock is priced where it is for a reason.
that's just what a normal company does, sell shares to run the business, and of course gzfx is just a normal company right?
the only thing jf is going to buy is a couple of new cars, new vacation home, maybe a new plane, new luxury boat, home theater, new in ground pool, bowling alley and anything he wants with shareholders money. The one thing he is not going to do is buy back shares - that is not the business he is in. He is in the business of selling shares. Except for a few traders and those who bailed on the news of the 25 bill. a/s, we've been had.
Chalk it up as a lesson learned - stay away from these penny stocks. To say they are trash is being very kind.
JF LIVING THE DREAM, SHAREHOLDERS LIVING THE NIGHTMARE
alstocks, I think that is what made this stock particularly appealing to the novice, the story about cc and downloading movies etc. This sucked in some significant money from a number of investors imo. Unfortunately the way the company raises money means one thing to shareholders - YOU LOSE !! I have found it is very important to not just look at the story or even the business that is there, but the whole picture and most importantly the financing, the rules of pennyland with respect to shareholders and voting rights etc., and the ceo and what he says and what he does and where the money is going. With few exceptions these stocks are to be avoided except for the experienced trader who knows the game.
alstocks, if they could convince a bank or institution to lend them money based on fundamentals then that would be a different story. The money these penny stocks usually get is called death spiral financing which means as the price goes down the number of shares the lender has to sell increases and forces the price down more and more till you know what. Banks and legitimate lenders never touch these stocks because they know what they are. The kind of lenders these stocks attract also know the rules of the game and know how to play along and again at the expense of shareholders.
alstocks, I have to agree with you. What they are doing seems to make sense but because of their funding practices shareholders will most likely never recoup their loses. The odds of a company like this succeeding are close to 0. To compete and really do what they need to they would probably need hundreds of millions of dollars and even with that funding there is no guarantee. The whole thing is a pipe dream and the only real financial winner is jf and family and jf knew this from the beginning. If new investors can get a handle on these penny stocks and the knowledge of investing and invest somewhere else they would be much better off.
I admit it
william, when a penny stock goes public, run for you lives because if you participate and buy the stock almost all the time with a few exceptions - you lose. The rules set up in penny land allow for legalized theft. There is no comparison between a real company with talent and financial backing and accountability that goes public and these trash penny stocks.
jf had a game plan and he is executing it. Naive investors fell for it and they got the royal shaft. It's plain and simple. It's beyond me how you can defend this company, which from the beginning was designed to lure unsuspecting investors in. jf knows the game plan, he knows the rules and he knows how to take peoples money.
mike, I agree I am to blame. But almost all of these stocks are the same and you do have to read far beyond the superficial story the ceo and ir person present because it is very misleading. It takes an understanding of basic investing principles and there is no one who understands such principles that would invest in this kind of trash and that's simply what it is. There are some traders who can read these stocks and make money on the moves but there aren't many. These ceo's prey on naive investors and that is the plain truth. If people who invest in these things can start to understand that the story of these stocks has nothing to do with your making money but everything to do with the ceo making money than maybe we can save some people from losing a ton of cash or whatever cash is meaningful to them.
latest rumor is everything is free as jf doesn't need any income to keep his personal income coming in. he has had a plan from the beginning and it doesn't include the shareholders except for the taking of our money.
jf has struck gold. The only problem is he is the only one, well maybe chip is included and some family members.
What about shareholders? They are just expendable pawns in the penny stock game.
JF LIVING THE DREAM - SHAREHOLDERS LIVING THE NIGHTMARE
looks like a slow rally goin on here.
after awhile you come to realize that these little stocks are just legalized theft that prey upon the novice investor. jf is a real pro at what he does and it isn't making money for investors but putting money in his pockets and having fun doing it.
jf is a master of the game - that little rascal