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Those may be credits, in anticipation of the real shares. Apparently, once they are cleared, we all get them about the same time.
NO ONE HAS RECEIVED DIVIS (real divis)!
Now, now...let's be respectful to those who bought more of this despite all of our warnings.
Nothing in my TDA or Etrade.
Good analysis Rino. This is so predictable. Has anyone bothered to call SEC, FBI or RCMP?
Brian...it IS going somewhere...cellar.
I LOST TWICE THAT. CALL SEC OF STATE, RCMP TO REPORT FRAUD ECT.
SOS, RCMP, FBI.
NOT> and MONA is @ 0.003 with 415,000 volume. Glad my other stocks are green today.
I'm sure most of us are still holding. Nothing else to do until 12/31/08, but this really is getting old. What a movie.
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U R right, judobeat. Enough of this ... time to tell the SOS, FBI, anyone who'll listen about these people. MONA just went sub-penny, too.
Thanks, Tony, wherever you came from. I have nothing else to do today, already shot golf...enough of this people!
Am I wrong, but there is NO VOLUME showing.
And the plot continues to thicken.
we closed @.03...a new low. To me, that speaks volumes.
Great Question DOLPHY. 32 Million shares of GLCC.
Not buy...bye!
no (X 2 accounts).
Good for you...I can't seem to buy any...both my brokers won't allow it.
Yesterday's PR:
"In other company news, the company intends to sell some of its North American hard assets. As GLCC share price appears to be under downward pressure, either by some short selling or otherwise the company intends to use these sale proceeds to reduce its outstanding float. Additionally, and equally important the company is desirous to minimize or cushion the impact of the soon to mature dividend the company recently issued, as those dividends enter the marketplace. GLCC management will also use the time to consider its IR corporate advisors recommendations that it considers plans to move to a higher tier exchange such as the OTCBB or AMEX, where the market forces would at least reasonably asses GLCC true price per share value."
Well, at least they have addressed it...not sure this is a plan that will work, though.
TORONTO, April 24, 2008 /PRNewswire-FirstCall via COMTEX/ -- Monarc Corporation (Mona.Pk) announces that it has been acquired by a mortgage financial and real estate company Brookcor Holdings Inc.
Brookcor Holdings Inc. ("Brookcor") is a Toronto based holding company providing service to its subsidiary companies in the areas of Mortgage Finance, Mortgage Investment, Mortgage Brokerage, Real Estate Investment and Real Estate Retail Services.
Incoming CEO Mr. Mike Mc Calla who started Brookcor in 1995 stated, "This deal came to us in the late stages of the 11th hour". Brookcor was in the process of being acquired by another small cap company, being named as officers of that company and was in the process of working out the logistics when we learned that Mona may be an option for us to consider.
One of the main reasons why Mona was appealing to us here at Brookcor, is MONA'S shelved Cash Next project. Mr. Mc Calla said, "It is kind of strange to be involved with Mona on this level, as I have followed Mona as a shareholder for the past couple of years, and several years ago Brookcor was one of the many lenders listed in the Cash Next system. Simply put, Cash Next is a brand which runs on the secure "Trust Vault" platform offering interactive data services online that allows both borrowers and participating lenders to communicate directly with each other, and allows these multiple lenders to offer and review financing proposals for the end user. Cash Next earned its income from licensing this technology to participating lenders for a onetime fee, plus ongoing monthly maintenance and usage fee. In addition, Cash Next also earned revenues from the end users in a form of a fixed application fee once the application was approved.
Cash Next may have been ahead of its time however with the current mortgage crisis, the Cash Next products such as participating mortgages and other lending products currently being considered in the industry are just the beginning. Mr. Mike Mc Calla added: "We see this opportunity as being at the right time at the right place."
As consideration, Mona will receive various guarantees of performance from Brookcor valued at about $500,000. Outgoing CEO Steen Elgaard stated, "Our shareholders have made it clear that their wish is to see the company grow, without us having to issue stock in doing so. This seemed as an impossible task however it goes to show that it can be done". Mike McCalla added, "We want to get right to business, we will not be doing any name change or symbol changes or anything that will slow us down from getting Brookcor and Cash Next going.
In other company news, Mr. Elgaard will remain as President of the IFGX, CanDen and Syscon divisions. Mr. Elgaard added, "We have received an overwhelming amount of inquiries regarding the dividend status, Cash Now and my status with the company. Although we have answered each of these inquiries in painstaking detail in both Town Hall posts, emails and news releases we will again use this opportunity to advise all concerned that the dividend matter has been resolved, and issued the week of April 15 2008. Cash Now and Cash Next are two quite different and unique products, and have nothing to do with each other. The basis of the dividend paid out last week is partly of the Cash Now sale." Upton Beall Sinclair, Jr wrote, "It is difficult to get a man to understand something when his salary depends upon his not understanding it", and we could not agree more with this assessment and matters relating to MONA.
The company invites readers to visit its new corporate website www.monacorporation.com and to use this opportunity to announce that the company intends to issue a forward guidance and a President's vision message shortly. Mr. Mike Mc Calla added, "What we would like to do is make this an interactive event rather than the traditional guidance message, so that these nonsense rumors and gossips can be thwarted once and for all as we would like nothing more but to see the company share price return to its true values." We invite inquiries for the president's message to be emailed to us at corporatematters@monacorporation.com
Sorry Dark..but I really don't think this comes as a great big surprise...actually right on par with the rest of what's been going here recently. I am greatfull for your DD. Let's go to Toronto.
Captn says he got his...there's a start.
@ 0.095...a new low fellow bagholders...after a juicy PR.
That and plenty of paid pumpers, attempted fraud with fake certs, and at least 2 large brokers not allowing online trading. Yep, this is all way out there.
And the plot continues to thicken.
Thickening.
32M shares. Nice divi(?) if that's what it is. The plot thickens.
How many of us really think Garr was actually surprised to hear we haven't gotten out divis? Not.
Thanks Prae. A new player: Cede & Co. The plot thickens.
instead of bagholders. This is like a mystery novel with real money...ours. No divi, with false info from so-called responsible sources, consistence only in the PPS dropping. The entertainment value of this story makes it fun...you have to laugh (at ourselves for getting into this in the first place).
I'm with you TRGT. And I don't want to hear "what's the rush, they're restricted anyway" stuff either.
JB...we exposed those guys last week as being inside paid pumpers.
Panic and havoc?
thanks rig. I'm always amazed with this deal. Never a dull moment. And now, they're even saying up-front they employ pumpers. I mean we all knew this, but how nice to be so transparent.
Tango Cafe went away just about the time the world discovered ALL paint from China had lead...no deal...top guy got sick there and that was it. Never an asset.
A tool.
IMO once the glcc shows up in our accounts, we'll know what blows.
I would rather be pleasantly surprised than disappointed. Don't call.