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I bought back my position. Gonna play it accordingly
It's going to take a lot of volume to break resistance. I'm expecting this to stay in the 9.8-7.5 range for a couple of months
You probably talked to someone who deals with complaints all day. That doesn't mean anything other than they take efficiency into hand. It's ok though, sometimes people connect dots that weren't meant to be connected
They may but I wouldn't think so. There is a lot of people that sit around waiting for an opportunity to sue and if they settle it before hand a lot more people will take advantage of the opportunity thinking they may get payed without even going to court
It's going to be tough for any ambulance chasers to win these law suits.
Yep. It's going to be tough and expensive to try and win them all. They've dug themselves into a big hole financially. Let's see just how much money Delgado flushes in
Gotta love patterns. Sure makes it easy
Why?
Oh yeah I forgot about that. Anyways, Delgado is a recurring name with scams so word of the wise, stay away from anything he touches
So what is the cause for delgado's termination? Delgado is shady and is scamming the people in GDSI so this has spiked my curiosity.
I have never done any research into shrimp. I have provided the link where they pulled a lawsuit for MYEC in a post below. At the same time, I have seen you on that board defending the stock for a long time. I think you may be the CEO in disguise or someone close to him. That's the best I can answer that question
I don't see how that was considered leaked. Sounds like it intended to go public and a desperate attempt at that sadly
Renewable energy. There is a lot of push to move away from fossil fuels right now. That sector is bound to get hot soon. For example, tesla saw the need and bought solarcity in a rush even though it's going to hurt the share price. Moves are being made, and of course it's always better to be ahead of the game. Just food for thought though
It's going to be boring here for awhile. I suggest doing some research into the energy sector in the mean time. Could make you some extra cash in the future ;^)
This is the one I was referring too specifically. He was on the MYEC board during their epic pump and dump back in 2014. They were accused of money laundering
https://www.pacermonitor.com/view/XDCZSYI/Maciora_v_PMB_Helin_Donovan_LLP_et_al__wawdce-16-00295__0013.2.pdf
http://www.npr.org/sections/thetwo-way/2016/09/01/492230187/spacex-launch-pad-in-florida-is-scene-of-large-explosion-days-before-launch
Gotta say that explosion looked pretty dope though
What's the story down here? App finally came out or still being told lies?
Funny how nobody is buying... I think your view of the overall census of shareholders is wrong. Do yourself and miss the boat. The SEC is all over this stock, don't be stupid
I'd have to agree with you on that. I really just don't see how Delgado wasn't aware of what was going on/ in on it. In addition, Delgado has been in the board of directors of other stocks accused of fraud too. I truly doubt he ratted out his peers. I think he fled, just like he has fled the other companies. It's not like he left after he found out what was going on though. He was calling the shots during the fraud period each time. Delgado is no saving grace, that I am willing to put my money on
130 seems a little bit of a stretch. 190 sounds pretty likely but don't count them out yet. The books don't look good because they are in the developmental research phase still. Research often pays out heavily
Now that's pretty funny. Either way it will be interesting, that's for sure
Why does that matter? Nobody is going to take a risk loaning millions on GDSI now. Besides, Rontan doesn't even want GDSI
Depends if your trading it or holding it. Short term, it's likely to keep going down. Long term, it's still as solid of an investment as it gets
Why would anyone think the deal isn't dead? Let's start out by addressing a major point. First off, why would any respectable company even want to take a company by force? If they do bind Rontan, who is going to want to do business with them? It's not like they do good business without Rontan... They have a staggering number of 0 contracts. Secondly, say they do take them by force, GDSI sure will have a hard time managing Rontan from another hemisphere. How could they possibly help Rontan out of debt when GDSI is on debt themselves? The only logical answer I have heard was to gain access to the U.S. Market. Yet, that's a poor answer considering GDSI stated their intent to dump all 26m in shares in a 8k...
Now let's cover why the takeover with force is highly unlikely. For starters, since it's an international company, U.S. Law has little weight... In fact, if fully pursued, the contract will be looked over by a council of both countries. That being said lets talk about why the SPSA has no legal binding. 1) 26m worth of shares valued at $1. Clearly this stock isn't worth even close to $1 and the only way to satisfy this is to do an emergency RS. Not good for investors. 2) the contract clearly states the involvement of General American Capital Partners. You really think these guys are going to take on such a big risk on such a big deal with the SEC hot on GDSI's trail? No, their job is to minimize risk.
Original: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10960354
Rontans termination: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11310853
Maybe, it still doesn't mean they have too. Go look up the laws for Nevada based companies yourself
Probably retail. My scottrade shows through NITE
No they didn't. They just created a rumor. Terms of agreement are still not satisfied, so no, there is a safe way out of a contract. They said European company in the article, that's straight forward enough... Lastly, what decent company would even want to take over a company by force.... Lol please
They don't have to have a public filing. They follow Nevada state laws
Why is that a bad thing? It's not like there isn't countless facts out there to make an educated decision on where this stock will be. This isn't the OTC, they aren't playing around here
Normally a company would have to file a form 144. However, since it's a Nevada based company they don't have to warn investors at all. That being said, the only real way is to wait for the Q or call a TA (they are usually gagged). You can also use tools to determine by common sense. Level 2 shows MM activity, you can look at blocks traded (they tend to sneak shares in 10,000s), or you can check out cash flow. All just tools to help you determine, however, it should be expected by all investors that they will dilute to raise funds quite often, that is why thy are public after all
I have been saying this was a scam since the deal was first proposed. If you actually read the filings back then you would have realized the impossible feats in the contract. There is no legal ball and chain, the contract was never satisfied to begin with. It's all a lost cause now
Haha that's too funny. Nailed it
You have to be careful with companies ran out of Nevada. State laws are leisurely, meaning they don't have to file many things such as a form 144
That's what a group will do. Careful
Here you go...
The Union of Metalworkers of Tatura , along with the workers, paralyzed Rontan company today (08 ) morning . Claiming difficulties , the company refuses to negotiate and has been delaying payments, FGTS deposits , PLR and basket , and have already laid off hundreds of workers .
"We have tried everything in order for us to ensure jobs in Rontan and understand the difficulties caused by the economic crisis," said Ronaldo da Motta , President of the Union . "The workers reached their limit and do not want to negotiate an alternative to the situation , the company has not given us no choice but to strike , which will continue until we start to regulate our rights ," he concluded .
Source:http://fedmetalsp.org.br/sindicato-paralisa-a-rontan-em-tatui/
Length: Mobile -friendly - Now in Rontan tatui , strike wage arrears to 3 months. ... Wesley Barbosa added a new picture - in Rontan .
You are welcome
First off, they didn't end quickly. For somebody that is claiming everyone else is wrong you sure don't seem to have your facts straight either. Everyday that the employees strike, the company loses a lot of money. So the reason, obviously, was to appease the employees in a reasonable but time manner. Yet, your counter argument still had nothing to do with anything. Face the facts, rontan is struggling so is GDSI. The numbers do not lie. Paying employees one of the biggest struggles for failing companies. That is why most companies have to push at least 10% margins just to be considered healthy.
Just ignore them. No matter how many red flags there are, they will still be kissing his shoes
Sounds to me like a typical stall tactic done by the company. Of course they will release a PR stating positivity, if they didn't then they wouldn't have a stock price to raise funds. 0 business as of now, they still have to pay employees somehow. As for the SPSA, they have to modify it a lot to even meet the requirements on their end. You touched base on most but don't forget the stock acquisition of $1 per share (or however it translates to the Brazil currency). Now we all know that's not going to happen, or even be close for that matter. That's grounds enough for termination on Rontans end and GDSI cannot win in court if they try a constricting tactic. The amount of things wrong here is crazy. Some things can't be fixed. Bankruptcy is in GDSI's future IMO
Delgado's name is around the fraudster game all too often for it to be pure coincidence. He is on the watch list
The nice part of a trading range. Easy to predict and make more secure and consistent low gain plays. Adds up