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 bet a sweet CASH dividend applied to only 108,000,000 DTC registered shares would CRUSH them. The shorts won't know who owns the DTC or oversold so they will be forced to buy them all back.
If 5 brokers each have 108,000,000 and they each believe they own the DTC registered shares, they wont take that risk and they would have to contact GNGR to buy and match what they have in their accounts to cover the 1000s of accounts that bought GNGR before a class action suit is filed.
That could mean 500,000,000 are oversold or more.
A 10% cash on the current price of $.007 is $.0007 x 108,000,000 would cost GNGR only $75,000 and drive the price back to $.20 or higher towards $.75
The higher it goes the more $$$ TD, Scottrade, Etrade would have to pay. If 400,000,000 sold and only 108,000,000 in the float, they will have to find 300,000,000.
They would have to call GNGR and the restricted holders who can name their own price.
Either way, they will be forced to close out the shorts even if there are some from 2012 for $.20 per share.
If you buy shares now that are shorted, they must deliver them to you or pay you the higher price.
400,000,000 x $.20 is $80,000,000.00
500,000,000 x $.20 is $100,000,000.00
I wonder what GNGR should do.
If revenue meant anything, most OTCs especially the pumped scams that have ZERO revenue would all vanish yet they have shares trading high and raising millions on that no revenue data.
Revenue means nothing on the OTC. That is a proven fact.
A Bitcoin OTC pumped their stock up to $35.00 per share and they said in the company description: They don't make any money and will likely go out of business and it did not matter.
They raised if I recall $200,000,000 selling only 6,000,000 shares.
revenue or lying about gold to secure loans, Those stocks dropped well over 95%++++ so that revenue logic means nothing.
Who would buy a $35 share when the data says they make no money and will likely go out of business? Who invests in those companies?
Forgetting about revenue and logic. Who do you think has a better chance rising 10x GNGR from $.007 to $.07 or SIGNET from $45 to $450? OR GNGR 20x from $.007 to $.14 or Signet to $900 per share.
There is your revenue question answered.
So do not confuse logic with reality, this is the OTC.
Sobek, With only 108,000,000 DTC registered shares in the float, It looks like in less than 30 days trading will exceed that.
What do you make of the fact that in less than a few days over 10% of the float traded and over the past years what looks like 4x the float traded?
Who is selling and where are the shares coming from? Or could they still be shorting GNGR?
GNGR vs. Competition ->
Less than a year ago NASDAQ kingold KGJI was $1.66 and anti GNGR bashers said GNGR could never compete with them.
Kingold decided to take out $2.5 billion in bank loans secured by their gold bars in inventory.
When Kingold did not pay on the loans, the banks went to sell the gold bars only to find they were gold plated copper.
The stock dropped down to $.10 cents.
Today GNGR's market cap is 7.65 Million
(with 108,000,000 in the float)
And Kingold's market cap is 1.89 million
Even SIGNET (Jared and Kay jewelry) stock tanked from $140 down to $5.60 and is still struggling to recover at $42
GNGR is the one to watch. That is unless you like losing money on those other NASDAQ decliners.
Sobek, have you reviewed the company website and short detail?
CODE 1000 = Scared Shorts.
Send over an email from the contact page we can fill you in on details.
Jewelry and Bullion->
Since casting new pieces requires new silver with only a 10% mix of previous cast silver, GNGR ends up with lots of scrap to resell.
Instead if scraping the old silver, GNGR accumulates batches and casts silver bars to resell to silver stackers.
Does that make GNGR a commodities dealer? Maybe.
GNGR->
If the jewelry industry is so saturated and the well known brands believed they control the market, they were completely mistaken. If they were correct, GNGR would not be selling at all, or so they thought.
We are chipping away at their loyal customer base with stock and custom creations that everyone is excited about. Many of our clients are repeat customers and GNGR sells and ships worldwide.
Not bad for a small company that made it to the mainstream market globally.
WAIT till you see the executive collection! Elegant wedding rings and other fancier designer pieces for 2021!
The current art castings are keeping GNGR very busy and the introduction of the elegance and executive lines will compete with out competitors lines for much less cost.
Some history->
The ring you are fixated on (On the far right) was created to look like an ancient roman ring for the merger between Caesars and Eldorado entertainment.
10 were produced for the top executives in 24k solid gold.
I am sure you will bring up the silver penis. that is featured in a museum in France as abstract art that is generating global sales for such a unique now famous Gunther Grant exclusive art casting.
The key word is "produced" Something OTC stocks have yet to prove they do. Except for GNGR that is.
Any other questions, please just ask.
Thank you.
The broker may just need to varifi the date and that they are real and issued from the transfer agent.
Welcome.
Questions and comments submitted to GNGR, are replied by others who are working with GNGR. The goal is to keep the CEO working at his craft and away from the distraction of technology.
Being articulate is not limited to just one individual.
Stock Certs.
Are the certificates over a year old?
If not you have to wait 1 year under rule 144.
If they are over a year old they can be converted to free trading. if you have a brokerage account some will take the certs and file the necessary paperwork for you. Call your broker first.
The company can also have the share legend removed. I think they would have to use an attorney to file the paperwork and have that sent to the transfer agent and some other documents (that your not an affiliate or hold more than 10% of the issued)
My first suggestion is call your broker and tell them what you have and how long you held them.
RM5LG answer to your question.
This will also be posted on the website under questions and answers.
Mallet, I have a question in regards to your previous post. If a company would be willing to buy the shell, why wouldn’t they buyout the stock owners as well? Wouldn’t that fix their problem? It would give them a clean n clear shell, with no previous shareholders and then they can take it up to where ever they want. I am not sure if this is a stupid question, if it is, I apologize in advance. With not too many shareholders, it would seem to be a viable option IMO
They don’t want to buy a shell and GNGR is not a shell. To buy a shell requires lots of compliance and filings to be able to merge a public company with a shell. To make GNGR a shell so they can buy it would be a step backwards.
If a buyout were an option, they would not want to pay much for the shares so no one would be happy. And for everyone to agree would be too complex with many who would say no.
The CEO of GNGR who has voting control can elect to sell at a fixed price like the owners of Snapple beverage did. They sold their restricted shares cheap and that caused the public shares to drop. On Wall Street when the CEO sells out cheap killing the price is called a Snapple.
If the CEO who owns 700,000,000 shares decided to just jump ship and told the company to buy the shares for $.001 for $700,000, the next day the public price would drop from $.007 to $.001 that is called a Snapple.
The CEO of GNGR would not even entertain that option and because the CA company did not want GNGR holders to benefit by a share price rising to $.25 cents allowing GNGR holders to sell the float of 108,000,000 for $25,000,000 was why GNGR pulled out of the deal.
GNGR’s CEO has 89,000,000 free trading shares and the CA Company buying them for $.126 cents directly comes to about $12,000,000. Once that was done the CEO walks away.
Those 89,000,000 shares would likely be sold quickly and not by public sale but to other individuals who want to buy them knowing what the plan would be with the new company for as much as $.25 so the company recovers the $12,000,000 to GNGR’s CEO and they also make an additional $12,000,000.
Once done it’s a good guess the shares would be reversed 10,000/1 and the CA Company would take it from there. When they issue more shares to the market they would not issue more shares to the reduced GNGR holders making those 108,000,000 that were reduced to 10,800 less than 1% of the float shares.
The group who bought the 89,000,000 for $.25 would receive as a guess 2,000,000 of the new shares slated to go to $25 ($50,000,000) at even $25 per share; GNGR holders who received the reversed shares would still be in the red.
The only way any GNGR shareholders would benefit is if the CA Company agreed to let GNGR holders sell on the uptick over a 6-month period or be bought out for a high price, neither of which was agreed upon.
GNGR is still expanding with additional plans to increase shareholder value. The CEO is not one to sell out. That has been proven many times since 2012 by not taking the easy road to a pump and dump dilute and sell 10 billion shares at $.001 and take in $10,000,000 then just fold the company.
The reason why it looks like a massive short took place is the trades and codes and volume far exceeds the true DTC float. Most thought GNGR would have taken the easy path and dump and dilute. Many bet on that by shorting the stock only to find they bet wrong and now the hammer is falling.
If GNGR was shorted 400,000,000 shares as far back as 2012 at around $.10 cents comes to $40,000,000. This is also why some deals made always say no to letting shareholders benefit. They don’t want that to happen because it causes the short squeeze to happen. This give reason to believe the CA Company is really a group to gain control of GNGR just to close it up to cover what may be a $40,000,000 shortfall.
If shorts needed to come up with 400,000,000 shares at $.10, 89,000,000 of the CEOs shares is $8,900,000 plus the additional $31,000,000 paid to GNGR for company shares to cover.
This would make the CEO much more than a buy out or buy in and also give the company a huge bankroll as well as a spike in the share price. The CEO’s 700,000,000 would than be worth $70,000,000 or more. So selling out now is premature especially with the expansion and interest in GNGR products.
Most importantly is the CEO does not make money selling shares like all pumped OTC stocks. GNGR makes money selling products not shares.
Most OTC CEO’s who do sell out are broke or have companies that don’t make anything. They must sell out or sell shares to generate income, this is not so with GNGR.
If the CA Company was really driven to take their company public that is valid and is well known who also want to raise $100,000,000 and move to NASDAQ, you would think allowing a few to benefit and soon after the sky is the limit would be fair.
That give reason to believe they must do the huge stock reversal for one reason. To cover up the old open shorts. We don’t even know if it's 400,000,00. It could be as high as 800,000,000 shorted at a price of $.20. That would mean they would have to pay out $160,000,000 so you can see that saying no to a fair deal may have other motives.
We shall soon see.
URGENT READ!-->
http://www.gunthergrant.com/l2.html
MORE SALES->
Many say that's weird. Some say that's silly. But what they also say is SALES ARE SALES!
some items below sent to Canada, France, Italy, Germany and the UK. We make what people want! unique, custom, strange or odd. Its all silver and all pre paid orders.
GNGR is NOT in this to say NO we won't do that.
GNGR is the one to beat as we move forward.
Note: The F#*K OFF ring is for a well known designer who was stricken with cancer and the curses are towards cancer. It is a personal statement ring.
Note: The anatomy castings were by request from a museum in France to display as abstract art. Orders from France from museum visitors made this a best seller to the art community.
T-Bone steaks sell to butchers, Pizza slices to pizza lovers (custom toppings make this a PERSONAL pizza pendant)
AND GNGR creativity will explode in 2021 with 1000s of new creative ideas and commissions.
SHOW ME?->
ONE OTC that can take 10 ounces silver ($275) and turn it into a $5000 custom art piece WITHOUT selling one share of stock on a pump?
Sobek, Its not rocket science ->
Mines spend millions in equipment and labor and regulations. And that is if the OTC mines are even real or some fake intent pump. But regardless.
When a legitimate mine does supply silver to the market they have to operate on very thin margins. GNGR loves sunshine mined silver.
GNGR buys the finished product (silver or gold) from the local coin and gold store for about $29 per ounce and adds copper to cast the .999 pure into .925 sterling.
GNGR does it fast, and with almost NO overhead. GNGR turns that one ounce some company sweated over to obtain and easily turns it into up to $275 in sales.
Mines may make millions in sales but their profits are minimal. GNGR takes a low priced item and turns into a cash cow. With NO need for financing all orders are pre-paid. GNGR only buys silver when it is needed.
GNGR will cast multiple items on hot sellers and inventory is starting to build and unlike DEAD inventory, If a rush comes in for specific items GNGR can melt down inventory as needed so there is no wasted inventory that cannot be used.
All GNGR inventory is good as CASH. silver is $$$ so what GNGR buys to cast has cash value.
It's sold or remelted as needed. It's win win for GNGR.
Almost ZERO overhead, all orders pre paid and labor under 2% of sales. Google "gunther grant jewelry" and click images.
Check it out.
GNGR current and up to date ->
To be OTC current is just a payment of $5000 to the OTC. GNGR has the money and takes about 10 minutes to send the payment to OTC then GNGR will be current.
There is a reason GNGR is waiting and you will see why as things move ahead.
:)
Sobek, CA. trip update.
Will be added to the website in about an hour.
Budcars did not tell him off, the plan all along was not to acquire the controlling interest.
The reason is all the pump about the revenue would have to have been proven if SGMD controlled budcars. This way SGMD can say Millions in sales and not have to prove it and just say "well that's what budcars told us"
I said this would happen and I was cursed out. But if there were no people who believe everything they read there would be no OTC pump and dumps.
OH FYI!!! ECGI needs to update their SIC code, It still says they are a mining company. Another reverse another ticker change.
IF the cure for Covid 19 was proven to be from Cat Hair balls, You can BET for sure SGMD would post they bought a cat breeding facility.
ECGI OTC Markets data.
ECGI Holdings Inc.
1976 S La Cienega Blvd. Suite 235
Los Angeles, CA 90035
www.ecgiholdings.com
714-872-7281
william.chung@ecgiholdings.com
Description
ECGI Holdings, Inc, is an acquisition-oriented corporation with targets of California distressed cannabis assets, properties zoned for cannabis cultivation and process, and cannabis companies operating in market sectors with national expansion possibilities.
SIC - Industry Classification
1000 - Metal Mining
BUDCARS->
I told you they would not buy controlling interest in budcars. Now its yet another HOT TOPIC entity. The other deal was just the same from another OTC public stock.
I guess that stock ran its course and they will apply the new entity in title only to SGMD to boost more HOT news.
Everyone was saying they own budcars, they do not at 40%, now they own 70% of nothing?
Ill be out of this ticker shortly and put our full attention to another ticker that is not the OTC status quo.
This ticker is the "Same movie same ending".
GNGR is not the same movie. GNGR is solid, no dilution, no intent, low float, You can only have the OTC pump status quo with the following ingredients:
Billions of shares in the float
(GNGR has a low float)
HUGE debt to sell for $$ and dilute
(GNGR has no debt and not enough shares in the float to dilute)
INTENT HOT TOPIC that is just that, INTENT
(GNGR produces, sells and ships globally real products)
Reverse mergers, buying other hot topic scams when they should focus on their own company, ticker changes etc....
(GNGR does not merge or look to acquire other companies, GNGR is solid and generates their own products and sales)
GNGR is NOT like the other OTCs
BID has two meanings, here is the answer->
Some see the bid as just people wanting to sell and if so many bids are out there then the demand to sell is greater that would make some think the price will drop.
The bid is NOT what someone will sell it for, its the price a market maker is willing to pay someone. the sale depends on if someone decides to sell.
If there is a stacked bid that means lots of market makers are trying to get inventory. The MMs probably know brokers will be caught in a squeeze and want to get shares cheap before the squeeze.
If a MM buys the shares for $.006 and the $.10 squeeze happens, the MMs won;t need to raise and pay the new bid of $.08 so they make a killing.
Sobek. Registered float is 108,000,000, 15% of that traded yesterday and over the past few years far more than 108,000,000 traded. In 2012 Knight was fined for shorting GNGR and Spartan and a few others that are now our of business.
My guess is there are LOTS of open shorts since 2012 when the shares were trading between $.10 and $.23
My guess is the Brokers (TD, Etrade etc.) will be on the hook to close out the shorts. The law says, investors gave THEM the money so it's THEM who have to cover.
With the lying market makers that have since closed, the brokers now have to cover.
I am sure yesterday as posted on the new update on the company website that what is likely to have happened is shorts who sold GNGR $.01-$.001 had to buy them back yesterday for $.006-$.008 and lost a lot of money.
If they shorted GNGR 50,000,000 even at $.003 is $150,000 and they had to buy at least some back yesterday at $.006 taking a loss.
They would seem to want the stock to slow down today so they can grab more lower. If they kept buying the shares yesterday to cover another 10,000,000 shorted it would have shot to penny land and they don't want that to happen
But it may be inevitable.
But what about the older $.10- $.20 cent shorts who will not sell now at $.008 and are waiting for $.25 again?
I am sure yesterday lots of shares were taken out of circulation, shares that did not exist.
Yesterday a few people told me they put in buy orders above the asking price and those orders went unfilled.
YES it has been re-made 1000's of times->
From the PUMP AND DUMP movie company. And the ending is always the same.
And people keep going to see every re-make waiting for the end to change.
Great things are happening. Buyers around the globe are taking notice as to what GNGR is able to do for resellers and designers.
This is not going to let up. It's only going to get bigger and better,
Correction. IT IS NOW bigger and IS getting better.
Picking the scab. Means people who bought high will keep buying more as it drops just so it closes green even though they will lose money if they sell on the bid. But they never sell.
They all are now forced to do this having told friends and family to buy the stock and now have to keep it green.
The tape painters know this and will run this so they sell out their positions while previous high buyers keep buying just to keep it green over the weekend.
When the tape painters are out and the stock tanks is when I clean up!
I bet on the tape painters and they never lose.
Duct tape looking pretty good now!
RaTrade that looks correct. With a low registered float of only 108,000,000 shares (15% of that float traded just yesterday) and no debt conversion or dilution, anyone who may have shorted GNGR as far back as 2008 must really be very worried.
The CEO and a few associates own most of the issued with the CEO owning restricted shares.
Liquidity may be difficult with such a low float but that usually only applies to a pumped company that needs billions of shares to sell at $.0001 more or less.
GNGR is on the other side of the spectrum. Legit, honest, producing and shipping globally and no dilution.
I think they are on the right path and GNGR has never given up or sold out like others have done.
Just be patient, Boarding the jet now to CA. To meet and make deals that will not flood the float or create debt financing.
Closing in on 10% of the float on our way BACK to 2012 $.23 with no reverse or added shares to the float. ;)
Today just passed 5% of float, that should tell you all the pressure is ON to close out shorts. ;)s
It never died, Just took a little nap ;)
;) you are correct.
Enjoy the moment kiddies It won't last.
I bet on paint tapers and they never lose.