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.
PR-News is out today 7am->
https://www.newsfilecorp.com/release/89663
This is the 1st in the 4 part series we created for GNGR.
GLTA,
Michelle
Few things you need to understand.
First, you need to contact the CEO with any questions about the company. We do not file or do any corporate actions.
Based on the GNGR stock structure, company profile and proven sales is evidence enough that GNGR is doing better than most OTCs who do file who have nothing to offer but debt and dilution.
Second, anyone who invested has the right to be able to sell shares that they paid for. Some invested before GNGR was public and took a greater risk. Your shares are no more entitled than anyone else who paid for GNGR shares.
As for dilution? You are again 100% incorrect. GNGR has a very low float now, in fact it is to low and offers no liquidity. Allowing other investors to enter the market with 300,000,000 shares will not cause dilution as you so call it, the additional shares will help with liquidity without negatively affecting the price.
Our group and a few others we know own at least 40,000,000 of the 108,000,000 float and have not sold. The fact that the balance of 68,000,000 shares have been traded at least 5 fold in the past few years amounts to 100s of millions more than what is in the float.
Adding 300,000,000 is not dilution by any means. We welcome that addition and likely we will attempt to buy most of them. Before any shorts try and buy them to cover and close out any short positions they may have open.
Any corporate actions be it a stock or cash dividend or any other action that could benefit the shareholders would have to legally be divided equally per share not just who you feel is entitled and who is not. That would be illegal.
Any benefit is not based on any person or who bought or when, it is based on the shares and who owns them. If you want more of any benefit if GNGR issues one, it would depend on how many shares you own and if they are not shorted and registered with the DTC or issued by Gunther Grant.
Any issues with shorts that are not registered would not be legally included in any benefit action by GNGR. Gunther Grant would only issue to those who own company issued and registered shares and any issues with shorted shares not included in any corporate action is between investors and the brokers they paid for the shares and not be the responsibility of Gunther Grant to correct.
And even restricted shareholders regardless of those shares staying restricted or entering the float would be entitled to any positive corporate action that benefits shareholders. Grant stated he would negate himself from any stock benefit action.
Gunther Grant has proven time and time again that they do care about all shareholders, if they did not, GNGR would have been a scam tech device company or Marijuana stock that does dilute the float to the billions of shares making the CEO millions while the stock dilutes to $.00001 like most of the other OTC's
If and when GNGR does let those 300,000,000 become unrestricted we may grab them all before they hit the market or soon after.
If GNGR were to issue a cash dividend even if it were for example $10,000 and we own 3/4 of the float, we get 75% of any dividend they issue. IF we pay a flat $.005 for the 300,000,000 well be risking $1,500,000.
If GNGR continues to do what they are doing and eventually they rise back to $.03 with liquidity and demand for the shares and we sell them all, we would make a solid $7,500,000 after the $1.5m cost and on non-diluted shares.
This is about the shares that are issued not who owns them. We just want to own most of them. If we bet GNGR will do even a token dividend as they posted as an option? (They never said a dividend is definite and was posted as an option).
But even if they did a token dividend of $10,000 won’t be much per share but we would end up with $7500 of that based on owning 300,000,000 of the 400,000,000 float.
And we bet that the shares would likely rise back to $.05 and put our 300,000,000 at a new value of $15,000,000.00
That is how you play the OTC game, you’re either in big or you’re in small. One thing is for sure, GNGR as a non-pump or diluted OTC is evidence that something will happen. What and when well have to wait.
One this is for sure, even being into GNGR small it better then most other OTCs who can't even reach microscopic.
:) well see soon hopefully!
Ronin,
If you don't mind, please direct us all to where you see the dilution you speak of.
Thank you,
Michelle
One way the debt pumpers make millions and no one else is able to is they get a lame or shell OTC to take the bait and they tell a company like SGMD (unless the CEO is in on it with them) they tell the CEO that if they change the OTC from some boring company to some hot exciting intent company they will issue the CEO lots of shares they can sell in a year and could be worth millions.
After the pump and dump and over time the massive dilution, the new controllers of the OTC have the company so messed up the CEO can't sell on the bid and to do so the CEO would have to file the company with the transfer agent to be DWAC registered but they would not be approved as DWAC FREE. This would prevent the restricted from be made free trading. The debt pumpers know that the pump and dilute negates approval for DWAC thus making the CEOs shares worthless and restricted.
The worst part is the CEO who is pretty much the only one that is on the documents and at the company as an active member ends up having to deal with the shareholders, the SEC, any fines, compliance issues while the debt diluters take all the money off shore and no one knows who they are because they are not on any filings
If SGMD implodes who are investors going to call? Jimmy will be long gone, the address not valid and a cell phone that will be cancelled. Jimmy may move on to other things or even just retire or resurface but no one will be able to find him.
I am positive Jimmy authored the debt conversion and issued 100,000,000 tranches of shares for as low as $10,000 maybe $20,000. That comes to only $0002 per share. The debt diluters tell the brokers or market makers they can have the shares for $.0006 and they can resell then for $.002 (any price above $.0002 is pure profits for them and losses for investors)
That is why so few will be able to sell on the bid even at a loss. They brokers make more money selling shares they get direct from debt sellers. Why make $.0002 spread when they can make $.0014?
Jimmy will issue 10,000,000,000 over time in 100,000,000 tranches for $20,000 each so he makes $2,000,000. Jimmy likely did the debt conversion deal because he knows his shares will be worthless when the dilution stops.
Usually the offer is to just sell the company and take shares but the debt diluters need someone to file, sign documents and take the heat when the hammer falls. This is Jimmy’s position.
The debt dilutes initially start the process with the new Marijuana Intent and sell the pre-increased float 200,000,000 pumped to $.15 and make a fast $30,000,000
The pumpers and lower level brokers end up dumping the increased authorized over time even at $.002, 10 billion shares comes to $20,000,000
So Jimmy actually makes the least amount but he may have had no choice, fold SGMD due to no sales or failed business and agree to make SGMD a hot MARIJUANA stock knowing no one would invest in paper straws.
It's basically survival and if anyone who invests in OTC pumped stocks had a dying OTC company who needed to survive or let say your kid needed a $1,000,000 operation to save their life and the only way to get it is to agree to the hot MJ change and pump and dump to get that money, everyone reading this would do it to.
But is this the case of a medical family emergency or just pure greed. Either way the actions and outcome are the same to investors.
The question weather people would invest knowing it's a medical emergency can be answered simply by seeing one of those donation cans at the store check out counter that says HELP my kid needs a new kidney, Do you put in the $1.89 change or do you go to the bank and get $1000 and put it in the can?
So regardless of WHY jimmy did this for what ever the reason the way to get your $1000 is to simply post intent rather then a medical emergency because no one would invest even if it means saving a kids life if in fact that is the case which I am sure its not.
Their are 11,000 listed OTC stocks and only 200 each day account for over 95% of all shares traded. All 200 are from OTCs that are stop sign or even caveat and the dollar volume is about $300,000,000 each day.
That means that only a fraction of listed OTC companies make up for most of the shares traded each day and most of those companies have a share price under $.01 and attracts the sub penny players.
SGMD is not breaking the law, they committed no crime, they did not lie, cheat or steal your money, you read the risks and you gave them your money.
NO regulations can stop fraud as long as you give them your money knowing the risks, the SEC cannot stop people from tossing money into the fire.
:)
1dmg1 and Nunaka, If everyone was able to understand what I have been saying since $.18 and what you posted, PEOPLE WOULD NOT LOSE MONEY!
Welcome to the OTC.
Jford, you referring to me? Shitz&Giggles
CanItBThisEZ2Make name change to NoItCant
You are 100% wrong! the proof is the price is FIXED no matter what you say and billions are being dumped to regulate any uptick or investors input.
Their are NO current buyers and sellers. there is only ONE selling and 1000s of buyers. and only the company is making money diluting.
You think people bought 4 billion and decided to sell them at a loss? If the company keeps adding billions to the float that is because no one can sell except at a loss. That is because the company is setting the price NOT the current shareholders.
There are NO SELLERS just buyers and only ONE SELLER. I hope this sinks in next time to invest.
You were told to buy the stock, you bought the stock and you have to also face the errors in judgement.
Your money will soon be a tax write off BUT to get the tax break you have to sell it first and that may be impossible to do.
When the $.20 to $.10 buyers dried up they diluted and set the price lower (They did not the investors)
when the $.002 dries up they will set the price at $.0005 and dump more. when the shares are all gone and some investors try to raise the asked figuring the bid will rise. It wont and the spread will be
Bid $.0001 asked $.05 and some may just be dumb enough to buy them.
:)
That is what everyone's been saying since the price was $.18
And thy will be saying it at $.0001
Even IF they did make it work with 10 billion float no one will be able to sell and make any profits.
4 players on the DEBT dilution side make MILLIONS from 10000s who invest $200 more or less, that is the OTC game take a little from a lot of people and give to a select few. many lose $200 and they make millions. It adds up fast....
Lotto ticket - no. Making money - yes.
Market Cap $16M
Profits $1.5M annually
Assets $3.5M
Debts $12.6M
What's it mean? 5 Years out of debt at that rate, BUT,CAN THE PROFITS GROW EXPONENTIALLY? COME BACK IN NOVEMBER - STRONG HOLD!
Factsmatter EXACTLY. its a fools play. NO rules.
Wrong again, here is why.
As long as people buy at $.002 SGMD will dump more shares to the float that means NO there are NO investors who set the price.
If someone invested today in the opening bell and 200,000,000 shares traded and the price went down and no one sold (except at a loss at this low price) HOW is it you say investors set the price?
Would that not be the DUMBEST thing! Set the price lower then what you paid, Yeah that's a good strategy.
At this point, investors are buying just to get to level 2 so they can believe they are in the GREEN only to find that more and more are added to the asked at the same price so you never really get to level two, This means that investors do NOT set the price.
They TRY but fail with every try and the company keeps dumping to regulate the price they want it to be.
You would think that by MY logic they would then raise the price to sell more for more money by not dumping correct?
They reason they do not do that is then investors would be in competition with selling not buying and they cannot have that because only THEY are allowed to make money and you are not.
The price will never go up to profitability no matter how hard investors try and set the price. One reason is, longs want out NOW and new investors are buying cheap diluted shares so longs can only wait and by waiting they cannot set the price.
Today 200,000,000 shares did not trade, they were only sold to new suckers from the company. If your logic was correct the price would have gone up by now but they are preventing that from happening.
When you understand how this works you will stop losing money.
SEE HOW EASY!
I hear you but you have to also know->
You wrote: “MARKET CAP IS WHAT THE CURRENT BUYERS AND SELLERS BELIEVE A COMPANY IS WORTH. If this number is lower than expected then buy, if higher than sell. “
Belief does not dictate a market cap, the share price does.
Your statement is not accurate because buyers cannot accurately make the assumption the company is worth that much and if they do it would be based on a fraction of a second as shares trade.
If you say OK the market cap is $16,000,000 at $.002 and you buy the shares at $.002 then you must believe that to be true and 10,000 do the same and buy at $002 and hold.
A minute later the stock drops to $.0015 due to one sellers bid sale.
That belief now no longer holds water because that so called belief is now based on as little as one investors sell order out of 10,000 or more who own shares that did not sell who paid $.002. That means one seller is telling 1000’s their belief is wrong.
If the stock drops to $.0015 on one investors belief and you still believe its worth $.002 do all 10,000 rush to buy more till it goes back to $.002? then one sells again at $.0015 and the cycle continues. Meaning you keep buying to defend your belief?
Also what regulates the share price and market cap is out of investors control when the company is diluting yet the price stays the same. If the shares went from 4 billion to 6 billion and the price stayed pretty much at $.002 ish, then the only answer is investors have no say in the price or market cap only the debt diluters do.
That is why all the belief and all the hopes and intent end up proving my point, no one dictates the price on pumped stocks other then the ones selling the shares and NO ONE is selling other then the company at this point in time.
You may see a large sale on the bid but trust me it is not from an investor its from the debt diluters. And they regulate the price so you cant sell and wont sell even if you believe it will go higher you have to see it won’t due to the dumping of shares to keep the price and your beliefs hostage.
Let say not if, but WHEN the 10 billion are sold and the stock is at $.0005, the market cap would be only $5,000,000 and dictated only by the company and how they diluted and not by any investors beliefs.
If people did believe the stock will go higher that can only happen if others buy higher to raise the bid that will never happen here. With 10 billion out and the marketing shut down (no reason to pump when there is nothing left to sell right) the demand drops, the market makers drop the bid to $.0001 But do those believers then buy up all the $.0001 shares yet again cost averaging all their money away.
If your logic is true, the only way to keep that belief alive is to keep cost averaging down more and more. But doing that you have to know it will hit bottom and not go back but reverse merge.
The ONLY way to make this work is to STOP the debt conversion rule and that stops the dump and dilute. If that rule was in place and SGMD only had the original 200,000,000 float at $.10, they would have run out of money and folded. This is a share selling operation not a company on the move to greater pastures.
When they dilute the entire 10 billion and people still BELIEVE that the market cap should be $.002 still, they will authorize another 10 billion as long as your logic keeps people spending money, OTC’s will be right their and be happy to take that money from investors.
:)
No one knows a darn thing other than the company is doing the debt, dump and dilute dance.
The volume has been about the same for the past few months as 6 billion are being dumped to the small retail investors.
The float gets larger and so does investors losses.
Market cap means nothing to a stocks value, the market cap is just the share price x the issued. when the market cap is that low $16mm on 6 billion shares is not a good thing.
$16,000,000 is not money and has no value and does not exist other then on a calculator. You cant access it or spend it.
It means nothing because it does not exist.
What a market cap can do is show you how much money investors are losing.
Net Income -$21,339,000 in debt!
Now it's 6 billion! Good lord.
If feds remove the ban here is what may happen.
SGMD will not be able to catch up to the major players in the MJ space who already have a national foothold on the market.
SGMD is years behind competitors in production, compliance, cash flow and market share because they don't even have products yet.
Any new laws will cause any affiliations to jump ship and move to the majors who have the cash and market share and production and sales in place already, and turn away from SGMDs intent.
Believing that the new law will save SGMD may in fact be their demise.
So don't be so thrilled about any new federal law changes yet. SGMD has already stated that competition can be a reason they may not achieve their intended goal.
Then they can blame the change in federal laws as the reason they cannot achieve their intended goal. PERFECT!
:)
100% correct but the problem is not the company and the fact they pretty much say DON'T BUY OUR STOCK in the fine print.
All they have to do it pay 2-3 pumpers to say CHOO CHOO all aboard and like you said TO DA MOON!! yes DA moon, and investors jump on the stock.
It's like telling compulsive gamblers at the horse track to not keep betting on the long shot but they still do and keep losing.
I am convinced that these investors know the risks and they know that they will likely lose, they just love the thrill that last longer till the ticker vanishes so it may just be a way to feel like it could win knowing it won't.
That is why many of these players invest very little ($200 or less) they know they will need some money for the next losing long shot and the pumpers and debt diluters know it is much easier to get 20,000 people to part with $200 each to raise $4,000,000 then a few to invest $20,000 or more. That is what the OTC is about.
Low priced pump stocks and investors who won't invest much so they can do it over and over and keep the top 250 pumped OTCs raising up to $300,000,000 per day is the norm on the OTC
As long as investors want to lose money there will always be an OTC to take it from them.
:)
Good reply but SGMD is a one man show selling shares for debt. There is just intent about everything else. One fact is clear, they are selling billions cheap to make some decent bank with no revenue or products I can find under the SGMD brand.
Selling shares makes them more money then products so why bother even growing pot if selling shares makes more money and you don't have to work for it, you dont need a license, you dont even need an office or employees and the cost is almost $0 to sell shares.
It's all profit with no overhead!
Easy money in small amounts taken from 10s of thousands of investors comes to far more then any MJ crops will make.
All the intent news that never happened while the reality is billions of shares are selling, that is at least ONE FACT that is true.
That is correct. He was going to pay $.18 per share if I recall. I saved him between $20,000 and $50,000
That makes no sense. But it does make dollars for the issuing OTC.
You buy high believing it will go higher. Then when it tanks you buy more believing it will go higher then when it drops to trip zeros you buy more believing it will go higher.
That cost average event is part of the pumped plan and you are playing right into it.
I know people who paid $.18 cents for this stock believing when they go to NASDAQ it will go to $3.00 and we know how that turned out.
The set up is to pump low float, high priced shares before the dilution cost average faze two.
They sell 200,000,000 more or less for $.15 and take in $30,000,000 cash on NASDAQ and other HOT news.
When there are no more buyers they increase the authorized to 10 billion, redirect some initial cash to 3rd party debt that is acquired by the company and the debt dilution conversion dump happens flooding a once respectable float of 200 million into now over 5 billion with more being added each day.
NO one but the company is selling shares.
If people believed so much that at $.10 it would rise to $3.00 why would they cost average? It's not to make even more when it hits $3.00 because investors now know that will never happen even though they sold themselves at $.10 it would. You see the syndrome?
People cost average as a way to convince themselves they are not into the stock for $.10 and that it's just an investment strategy.
When they bragged to people about the stock at $.10, they can now say "ME NOO WAY I never paid $.10 I'm only into the stock for $.003" but to do that you have to spend more money, regardless of what you spend your now know $3.00 is off the table but maybe if it goes back to $.10 you make a killing on the stock.
Just like the holders of 10,000,000,000 shares will think they can as well.
If the price is now $.002 and you cost down to $.0017 you may see green and brag now that your in the profit arena, it's only profits if you sell it at a profit and after fees and taxes any gains even at $.0017 will be lost.
SO now you are waiting for the stock to drop to $.0001 so you can load up again and like knowing $3.00 is off the table, so to will $.10 when you cost down to $.0005 and say if it goes back to $.0017 you make a killing.
The dilution is used for 2 reasons, to keep people buying more as the price declines (Is the reason for the huge increase to 10 billion) knowing people will keep cost averaging and attract new investors who would not touch the stock at $.10 or even $.01
Then other reason for dilution is to prevent anyone from selling so only the diluted shares can be dumped by the company and debt investors.
SO to recap, they sell $30,000,000 initially then 10,000,000,000 on the debt dump dilution at even $.002 is another $20,000,000
That’s $50,000,000 possibly more and still they have no revenue or products under the tickers branding (always a sub company)
SO you are now saying your OK at $.0017 but what was the cost to get to that point. Did you buy $5000 at $.10 then more at $.01 then more are $.0008 to get to a cost average of $.0017 you either.
A) You own very few initials at $.10 and just spent a few hundred more to cost to $.0017 or
B) You invested heavily at $.10 and had to spend 1000's more to get your cost average down that low.
Either way you spent more then you will ever get back. If you did not cost average you know its a total loss and you will also see at $0017 no MMs will buy the large lot of shares. Then you will buy more at $.0001 for another few grand with the belief at $.0017 you will make a profit.
By then their maybe 20 billion in the float that no one will be able to sell as the MM’s lower the bid below profitability.
After the dilution the news stops the buyers dry up and with no buyers, the market makers will not buy on the bid what they cannot resell.
Investing this way means everyone makes money except the retail investors.
You have to hold, You have no choice. As for being happy? Well that depends. If losses are your investment strategy than yes you will be very happy.
It's ALL a loss till you sell and make a profit and this is not pay to play it's pay to lose. The only way the shares will ROCKET to $.10 is a massive RS then a day later it will be right back at $.002
200 million float to 5 billion. NICE!
10 bil. x $.002 = $20,000,000 that's NOT nothing.
10 bil. x $.002 = $20,000,000 that's NOT nothing.
OlinSain,
"So SGMD is childish when it comes to shareholders' cashing out? And a bit criminal."
First you need to get this through your emotional blockage.
THERE IS NO CRIME COMMITTED!
SGMD has so far done NO wrong. As long as they say intent and that the risk that the plans may not happen, they are off the hook taking your money and buying a yacht a Rolls Royce and Rolex watches.
I find it funny that OTC investors see the demise and dilution happening right in front of them and STILL are in denial.
Not to mention investors on the down turn always cry CRIMINAL, Arrest the CEO, the SEC will throw them in jail etc.
The SEC does not arrest anyone and the SEC does not enforce the law with criminal activity. They SEC only take data IF they are sure they have a case and send it to the DOJ (FBI) for any enforcement action. Intent and not completing the plan is NOT a crime.
Taking your money is not a crime. When the DOJ sees they told you it is intent and risky that they may not achieve their goal they toss that file in the garbage.
This is proven by the 1000s of people who keep saying the same thing about all OTC.s. Criminals Lock them up, arrest them. The fault is with the investors who are told you will likely lose your money and when you do its your fault not the OTC's.
If someone sells you a car and says it will go 100 miles on ONE GALLON of gas, they are telling the truth. In the small print it says only if your coming down from Colorado down hill in neutral so you don't use gas then they are not lying.
But people think this will revolutionize the auto industry thinking the cars all the time will get 100 MPG and the company will take over the auto industry. That lack of reading the small print is what gets investors in deep trouble.
SO GUYS, STOP saying he SEC will arrest people, it really makes you sound really naive. But that maybe why so many invest in pumped stocks with belief rather than caution.
My favorite is when paid pumpers say TAKE OUT THE ASKED and the price will rocket to the moon. So the same investors at a loss will buy more (at a loss) just to make it look like they are in the green.
You are ONLY in the green when you sell the shares for a profit and until then you are at a loss.
That is when the dilution prevents anyone from selling with any gains and YES that means you Olin sorry to say. It is the Truth.
You will NOT be able to sell your shares at a profit and if you could, the market makers would slam the door on your sell order.
SGMD will not have any data processed by the SEC into a case that is turned over to the DOJ for prosecution because SGMD did not commit any crimes. That you have to understand.
Regulations need to change NOT laws.
It's a double edge sword, If the DEBT CONVERSION rule was eliminated, SGMD and other OTC could not sell debt that allows BILLION of shares added to the float, but the flip side is, since the companies that do dilute have no revenue or money making operations they would fold.
SO it’s a choice to the retail investors.
1) Accept the fact those companies will debt dilute and dump shares knowing you will not make any profits only losses and risk your money on a long shot.
Or
2) Not have any sub penny hot intent stocks to be able to buy to live the dream to turn $100 into $1,000,000 on a $.0001 stock going to $1.00
You would have to only be able to play the legit companies that would have higher share prices knocking out that dream of turning $100 into $1,000,000
For those investors, spending $100 that turns into $10,000 is not not exciting enough because to make $1,000,000 you would have to spend $10,000 and retail investors just won't invest that much on one stock. That's the LOTTO mentality. They want to spend $1 on a ticket and win $10,000,000.
Eliminating the debt conversion rule would be horrible for the risk gamblers who would stress they cant get a hot topic stock cheap so they can cost average down believing on the uptick they make a killing on the stock.
It is just the reality of the OTC.
Here is Mr. Newsteders CEO offer and the requirements.
If people don't like GNGR's corporate structure, here are a few options for those investors who seem to know what GNGR should do.
1. BECOME GNGR's *CEO and Form a new BOD
Someone can take over as CEO and the current CEO (Grant) will step down to design, production and creative director unless the new CEO would rather Grant just step aside is also an option. If Grant remains to oversee production, you will have to have enough capital to pay Grant a $100,000 annual salary (first year up front). Until Grant is bought out he must be paid $50,000 annually (first year paid up front) if he asked to step aside and not be creative director or holding any position. The NEW CEO must sign documents that they are responsible for all aspects of the business when they assume the CEO position.
*The new CEO would need shareholder approval for any changes made to the company structure as Grant would still hold controlling interest in the company (until Grant is bought out) to prevent the new CEO from harming the company. Once that NEW CEO does what they say with shareholder approval and buys Grant out, Grant will no longer be part of GNGR. (see the buy out option below)
2. GO PUBLIC YOURSELF!
You can take $500,000 (Not including the costs to start the business model first) and file with FINRA to become a public company and make it a huge success. But you will need to prove to the SEC and FINRA your company is not a shell and is valid like GNGR had to do. So you need to first start a company, enter the market make it successful and then take the steps to file to be public. $600,000 should cover most of those costs.
3. BUY THE COMPANY
Buy out Grant's position and take over the company as long as every current shareholder votes on that, Grant will agree.
Grant owns 789,000,000 shares and is willing to sell them for $.003 per share. That offer is void if the shares reach $.01 or higher.
A simple proxy is all that is needed as long as the proxy states that Grant is to be made harmless from any lawsuits brought against the new owners and CEO.
-
Since so many people know what GNGR should do, here is their opportunity to take over and control the company and direction and turn it into a huge success. Grant is willing to walk away (Shareless) at any time that new CEO can achieve any of the above.
Email GNGR if interested.
That's about all they will grow, Enough for just your pocket. IF and I say that with reservations. But IF you do sell, what number ticket in line will you have when 50,000 others try and sell?
1, 49,999 or someplace in the middle?
If you're not first or second, the market makers will put the CLOSED sign up and take no more shares on the bid.
That means 49,998 will be shut out from selling for a profit or even selling at all as the market makers would put the price at $.0000 or less.
Glad we cleared that up.
They’re is NO accumulation, there are NO investors selling on the bid. The only shares being sold to market come from the company NOT existing shareholders.
Believing that the price decline is due to profit takers when the share price is so low no one can take a profit will you than realize the only ones selling shares are the company to deplete the authorized of 10 billion shares into the float and not allow the share price to increase so you can’t sell, only the company can.
Once you understand that you will lose all your investment and those you told to buy the stock and fight the truth with some rational ideas that are 100% incorrect and is just emotions of anger and frustration converted into what you think is valid market activity to justify anything other then the fact the stock is diluted and no other fact other then the company is the only one selling and diluting.
When you see that as the fact and accept that is when you and your losses will maybe think twice next time. But that never happens and investors chase the next HOT stock tip.
These stocks are like a roller coaster ride. You enjoy the ride but when it's over you want to do it again and each time know it will soon be over. I think most OTC investors like the exciting ride but know it will end and they find another ride to go on (ticker) and do it all again. They end up spending money over and over for the thrill only to leave the amusement park broke.
Sounds about right.
The Berlin wall came down from truth and justice.-> the OTC walls are held up by lies and intent. The Berlin wall was made of concrete and steel and lasted decades.
An OTC wall is made of straw and paper painted to look like bricks.
The OTC wall will not be taken down it will just blow away quickly when the builders walk away as investors kick through scraps of paper on the ground looking for some clue how this happened.
The paper will fade, the dry scraps of straw will blow down wind and the ground under it all will be some leased land that was never owned only leased temporarily to house the fake paper wall.
:)
The wall never comes down. the dilution bricks keep being added as bricks are taken away. When the wall comes down is when the building inspector stops by and says YOU HAVE NO PERMIT.
Then the wall is abandoned.
:)
EH forget it.
A buy back just means they would be giving back some of that fat cash they took from investors and negate what they are trying to do. Dilution and no revenue is part of his plan.
It's not like this was not meant to be and needs a correction. it has been the plan all along. Create debt, dilute and dump then fold.
As for Revenue? It means ZIP ZERO NADA for the share price.
The goal is to sell shares for $50,000,000 and make far more then any MJ sales. And its easier selling phantom shares then real products.
They MUST dilute to satisfy new buyers orders without causing the price to rise so only they can sell and you cant. That is why 100,000,000 per day sell usually and the price stays about the same, They make money while you all sit and wait for a miracle that never happens. Believe and hope aint gonna make it happen.
People here invested when the float was 200,000,000 at $.18 more or less. When they diluted to 10 billion investors bought more and others jumped in.
Now it's a runaway train and not like the, get on before the train leaves the station. It's more like the train lost it's brakes and will crash soon.
People should have never gotten on the train in the first place but they did because they believed in intent. Now there is no way to recover for anyone because the engineer and conductor have already jumped off.
Even if you cost averaged to $.001 and the shares are at $.002 you still cant sell them and if you did the market makers will only take a portion so as not to load up on what they cannot resell.
So the investment will never recover.
People here think by telling Jimmy what to do to make things better is not going to happen. Dilution, Intent, No revenue massive debt and more dilution is not a mistake, it is a calculated plan to get your money to them and not get it back.
Jimmy! got to hand it to him, he is playing the game legally and with compliance. It's the investors who don't see how the rules are written only what they believe and hope.
I am not creating the bad news-truth on this thunderstorm, I just have the biggest umbrella.
:)
Market cap is just diluted shares added up-> and the more shares diluted the higher the market cap. That is a BAD thing.
And debt is also not good. with no revenue other than shareholders money redirected to look like revenue is also not good.
The only good this company has is intent. That is what people bought, intent nothing more.
When they add the 10,000,000,000 shares to the float x $.002 will be a market cap of $20,000,000 and means nothing other than the low priced shares have been diluted.
This will never go up. As long as people are buying 100's of millions of shares each week, the debt sellers will hold the price hostage so only they can sell. Brilliant on their part.
If the dilution stopped the share price would not go higher (even though people say it will).
There are now just to many shares in the float to have a run up. There would be to many who try and sell on the slightest uptick killing the price and stopping the market makers from buying on the bid and killing the price.
Everyone is sitting with their hand on the sell button but no one will make it to the sell ticket completion.
People here say they are holding the shares? They have to because they cannot sell them except at a loss.
The true test of success is the shares being reduced and the market cap rising. That means the increase in share price exceeds the multiplied price on a reverse split.
BUT beware! If they did a large stock RS and the share price drops, they can just add more new shares to the float that increases the market cap but most of the cap will no longer be held by the pre RS shareholders. That is when they cost average to buy more and the cycle continues till there is nothing left.
:)
SGMD is being diluted daily to 10,000,000,000 float as they sell debt to release shares there is only one place the stock will go, DOWN!
Think of a diluted debt stock like this. Let say 50,000 people all buy a limited edition Elvis doll for $1000 ($50,000,000) in total sales.
Everyones doll is worth money just because a few more are trying to buy one. THEN ONE DAY! the doll price rises to $2000 and all 50,000 try to sell at the same time. the doll price will drop to $1.00 because there is just to many more then their are buyers.
Welcome to the debt conversion dilution OTC
Revenue and Debt. If they have more debt then revenue it is the sign it IS a pump and dump.
PS: NO ONE goes to jail from any pump and dump or dilution on the OTC.
As long as you are told you will likely lose all your money and you invest then no laws are broken and so far NO one has been send to jail for a pump and dump scheme, IF they all did go to jail for pump and dumping? There would be no OTC!
SGMD says $4,000,000 revenue (yeah sure) the revenue is redirected to 3rd party associates from investors money to look like revenue. and $21,000,000 in debt.
THERE YA GO! enjoy your 10,000,000,000 float soon and more after that as the price drops more and more till there is no more debt to sell.
:)
Believe & Hope is not an invesmtnt strategy
That would be great IF SGMD was in the MJ space.
Aboard what? The train to the scrap yard.