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Thank you for posting. What’s your EOY price target? Please be realistic...
I stand by my DD and conclusions, just waiting on GXXM or MMMM to confirm it...
Im optimistic, but have been burned before... I’m letting the situation develop and hoping for the best.
I had no issues with the 10-Q and am impressed with what appears to be management’s humility in addressing past issues and getting the company back on track. The new July note is very concerning, but we have some time before then for this thing to really run. .002-.003 is definitely attainable without news. With news .005-.01 is realistic as well depending on what is revealed. I still believe in my merger/acquisition/MBO theory but only time will tell. More communication/transparency from the company would be beneficial in the short term; let’s see what they give us.
$GXXM
I’m here
What is the catalyst?
Sounds pretty straight forward to me
Not concerned... Try again
$GXXM
Anybody else notice MMMM dropped their Q-report today AH only 30 mins before GXXM did? Maybe a coincidence, but just saying... A little timely IMO ;)
MMMM - 04:41PM
https://ih.advfn.com/stock-market/USOTC/mineral-mountain-mining-milling-co-pn-MMMM/stock-news/79957148/quarterly-report-10-q
GXXM - 05:04PM
https://ih.advfn.com/stock-market/USOTC/gex-management-inc-GXXM/stock-news/79957387/quarterly-report-10-q
$GXXM
It has not been proven or disproven...
DILUTION IS OVER!!!
It’s pretty apparent from the volume today that the May note has finished and we are free and clear until August and even then that note is tiny. Float can’t be more than 750 mil by my calculations and we have nowhere else to go but up.... Patience is key here but now that dilution is over we will mostly likely see the .003-.004+ range again soon.
Even higher with excellent news!
GLTA
$GXXM
Definitely not that one, it’s this one as per Bloomberg:
https://www.draperinc.com
https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=4324746
$GXXM
Looking good today, just in time before the Q-Report drops next week
Still here still long and Strong!
$GXXM
I’m with ya brother... Still here, haven’t sold, occasionally check in on the board, but I have better things to do than negate the nonsense.
There is a plan in place and I trust my DD; 300%+ day coming...
$GXXM
Here’s your proof bud:
https://ibb.co/HXfnVtP
Welcome back to the board; we must be about to run again if you and your negative sentiment have showed up...
$GXXM
Still here, haven't sold, waiting on news.
You only lose if you sell and if you think this can't get back into the .002s+ you haven't been trading on the OTC long enough...
Any positive and meaningful news will send this to the stratosphere!
$GXXM
That’s what I’m tracking...
And agreed; any positive news could send this 300%+
$GXXM
Q Report due on the 15th and that is when they have historically reported Q1 results
This is ridiculous... We should be getting an update tomorrow and people are selling for a loss.
It’s all good IMO, this will bounce hard once all is revealed.
$GXXM
Too much opinion
GO AWAY
$GXXM
Good morning GXXM! We should be getting news this week! 10-Q report is due on/around 15 May...
A lot of noise on this board lately but I have done my DD and I know what I own
GLTA
$GXXM
Sorry about that, didn't know we had that feature available to us today and looks like I missed it; thank you passing the great info along.
Regarding your questions, I think I was one of the first people to reach out to him in early April. We had a cordial conversation and talked for a few minutes, but after I told him I was a GXXM shareholder he abruptly, but politely pointed me to and gave me the contact info for his IR guy.
I tried to call last week and got a full inbox, but texted after and he replied. I told him I was a MMMM shareholder (which I am - albeit a small position) and was looking to get in touch with his IR guy again to ask a few follow-up questions. He said to give him my full name and email and he would verify I was a shareholder. Never heard back from him and was planning to follow-up with him again soon.
Sounds like they have a lot going on with all their SEAs and name change (which should be announced next week) and are staying tight-lipped about everything.
Overall, he is a very nice guy, but I would get annoyed and overwhelmed too if all of a sudden I was bombarded by questions about things I couldn't talk about...
You could say that with any stock...
Agreed... We've been here before and the board is so quiet today because people are loading.
Next week will have a different sentiment and this will go higher. Bottom is in, has been in, and any positive news will send this to the stratosphere!
$GXXM
FOR THOSE WHO ARE NEW HERE: MBO DD
This is how those of us here who keep talking about a Management Buyout (MBO) came to this conclusion... Please ask any questions you have; we think this is what will be consummated this week and announced with the Q-1 Report on/around May 15th!
Summary: GXXM has been newly incorporated into "PR345", the former CEO Carl Dorvil left GXXM in Oct to orchestrate this deal, MMMM is acquiring PR345 (GXXM) to diversify their floundering current business in the mining industry.
Research and Analysis
On 04/02/2019 @ 6:06AM Mineral Mountain Mining & Milling Co. (MMMM) filed this 8-K/A with the SEC
https://www.sec.gov/Archives/edgar/data/66600/000147793219001377/mmmm_8ka.htm
"On March 22, 2019, Mineral Mountain Mining & Milling Company the “Company”) entered into two Share Exchange Agreements (collectively the “SEA’s”) with: (i) PR345, Inc., a newly organized Texas corporation (“PR345”); and (ii) NuAxess 2, Inc., a newly organized Delaware corporation (NuAxess”). Pursuant to the SEA’s, which were filed as Exhibits 2.1 and 2.2 to the March 27, 2019 Form 8-K, the Company agreed to acquire all of the capital stock of PR345 and NuAxess in exchange of the issuance of shares of Series C and D Preferred Stock, par value $0.10 per share, to the shareholders of PR345 and NuAxess as discussed more fully below."
Why is this pertinent to GXXM shareholders?
It is my belief, and I will show my research, that the company listed as PR345 is GEX Management Inc. (GXXM). From the 8-K, this is the description given of PR345:
“The Company has determined to enter into the PR345 SEA because of the reasonably based projected growth potential and new business opportunities afforded by PR345’s business plan which, in substance, provides that PR345, a designated minority-owned business enterprise consulting firm, shall: (i) provide specialized staffing services for a variety of professional industries including, but not limited to, medical, education, financial services, technology and hospitality, among others; (ii) provide specific back office services including accounting, payroll, and a full complement of Human Resource (HR) benefits; and (iii) either directly or indirectly through third-party relationships and strategic affiliations, acts as a Professional Employer Organization (PEO).”
This is the exact business of GXXM, even down to the detail that it is minority-owned!
THEY EVEN HAVE THE SAME EXACT ADDRESS!!!
"This SHARE EXCHANGE AGREEMENT (the "Agreement") is entered into as of March 22, 2019 by and among Mineral Mountain Mining & Milling Company, an Idaho corporation ("MMMM" or the "Company"), with offices located at 13 Bow Circle, Suite 170, Hilton Head, South Carolina 29928, on the one hand, and PR345, Inc. ("PR345"), a newly-organized Texas corporation with offices located at 12001 N Central Expressway, Suite 825, Dallas TX 75243, and the shareholders of PR345, on the other hand."
From the GEX Management's Website:
CONTACT US
12001 N Central Expressway, Suite 825, Dallas, TX 75243
It is my opinion that this acquisition will be announced next week with the financials. This is what I found and what I believe is happening behind the scenes with the company. It also makes sense as to why the AS was increased to 15,000,000,000 to avoid a hostile takeover. I welcome your feedback on my conclusions and look forward to the discussion.
$GXXM
DILUTION IS OVER OR CLOSE TO IT!!!
If you look at the volume over the past two weeks the float (now around 500 mil) has turned over several times already. That is a lot of shares trading hands at these levels which is forming a new base around the .0009-.0011 level. We have seen MAXM do less and less damage everyday since last Friday when they dumped the most amount of shares.
I bet the note is done or very close to it which will let up pressure on the PPS and allow us to move up. I think this was strategically planned by the company to have the note finish before the Quarterly report which will be out before the 15th - That's on Wednesday!
https://www.otcmarkets.com/stock/GXXM/disclosure
I am holding all my shares until we get news from the company. Like I said May 15th is the deadline for the Q1 report and I expect an update from the company on what has been going on behind the scenes and an update on notes converting.
Yes this is a risky play, but the risk reward at this level is immeasurable! At worst we go down 1-2 ticks... At best this runs 1000%+ depending on the news we get and goes to .01+
I know what I own, I have done my DD, and I expect this mystery on GXXM-PR345-MMMM to be revealed to all of us very soon.
You have to have skin in the game to win the game! Good luck to all, and no matter what the trading looks like today I will be here and will be buying on any weakness.
MAY 15TH IS WEDNESDAY!!!
$GXXM
So do I! Good luck on getting it filled ;)
I added several times this week at these bargain basement prices... Easily a double here for those who have a little patience.
MAY 15TH FOLKS!!! Q1 Report will be filled on or around this date.
$GXXM
I agree, .002-.003 is completely realistic! I think we can reach this organically if dilution is in fact finished, but we will definitely reach this with ANY positive news.
Buyers aren't here because this appears to be a risky play without doing DD and badgers have convinced some it is a scam. But if the company comes out with a positive sentiment/outlook, this will rocket up fast!
My call is on around May 15th we hear great news in conjunction with the 10-Q
$GXXM
To my knowledge this has never been discussed by management or even considered...
If our theory on the MBO is correct, there would be no need for a R/S as the inherent value (market cap) of the company would remain the same with or without a R/S. R/S are done to change the share structure, not the market cap.
$GXXM
Exactly what I have been saying! Great find...
The PPS decrease has been a strategic play by the company to lower the PPS to get a good deal for the Management Buyout (MBO). Given that the PPS was $1.00+ in the fall, a "fair deal" for a MBO could be .01+ now! That is why I suspect the revenue from Q4 was missing, as well as the company going silent since April 2nd. The last we heard from them was "Shareholders are going to be happy" and "we have been working diligently behind the scenes to grow our company"
I can't wait to find out what this all means!!! I am calling on around May 15th when the Q report is due is when we will be told all!
$GXXM
No, I am still here and have not sold. I have been accumulating, actually bought more yesterday and today. Waiting for our PR or 8-K revealing what it is the company has been doing behind the scenes to "grow the company"
Gonz is still here too, but he's not bashing today because he's currently on the ASK
Holding for Gold! We've been at this level before and those who picked up shares faired very well.
GLTY $GXXM
INFO@GEXMANAGEMENT.COM
Here is the email address a few of us have received responses from in the recent past. That said, they have been a little tight lipped lately...
Please send all your questions to this email address and mention you are looking to get in touch with Investor Relations. Do not ask for material non-public information or information that would have to be released in a PR or 8-K; they will not respond if you do so. It is best to ask for general information like when can we expect an update to shareholders or asking specific questions about recent filings.
Please post and share with the group any return emails you receive!
$GXXM
We don't know the details of the merger yet; this is what I am expecting will be announced with the next 8-K or PR
The 9th would be exactly 30 days from "The Closing Date" (09 April 2019) correct, but there was not a timeframe they had to announce by.
I would expect to see an 8-K from MMMM very soon announcing what they have been up to on their end and it would make sense for GXXM to make any major announcement with the Q report which I am estimating will be on around 15 May
$GXXM
I expect we'll see the same pattern as the last 3 days here... MAXM is out by noon, BID starts to slowly build, BID stops getting whacked, small slaps on the ASK, then in the last hour a lot of volume on the ASK and we break through to finish at the HOD.
Watch this play out here... close at .0011
$GXXM
I 100% agree! This has tested the .0008-.0009 range several times and I think we will see .003 soon. It may take news/the 15 May Q report next week but we'll get there...
Smart money is adding at these levels. I picked some more .0009s just a minute ago. Thanks!
It "pays" to be patient here ;)
$GXXM
MAXM has nothing! IMO he dumped all he had yesterday for the week so we are free and clear today and tomorrow! He still playing games though...
I added this morning; easily a double from these levels IMO. Especially once we get news and flippers get out
Holding here and adding on all dips!
$GXXM
We here man... i’m just not interested in doing daily battle with the badgers. We know news is coming soon and the details of the merger will be announced so I am holding fast until then I don’t care to spend my whole day combating disinformation on this board
I know what I own and I am waiting for it all to play out!
$GXXM
Hey bud, welcome to the board. I have no reason to believe things have changed and if you read through the MMMM 8-k it describes a 30 day period from the closing of the deal before it is consummated.
So yes I still believe there is something going on behind the scenes and my guess is it will be made known when they release the quarterly report on or around May 15
Good luck!
$GXXM
Thanks for the .0011s nerds!!!
lol, what clowns selling at the lows with a massive 24 mil bid at .001
Once the seller is out we will be back at .0013 - .0014 and then green shortly after. Watch the sentiment change her fast as we breakout soon.
Great volume for the first hour!
$GXXM
Absolutely, I truly think we have a beaten down winner here. Congrats on getting a great entry. This one moves quick and we could be back in the .003s very soon. We are also way overdue for news which could provide some explosive rocket fuel to the PPS.
Good Luck and please don't be a stranger to the board!
$GXXM
Hey Pepsi! Great to see you on this board.
Do you have a position here or just stopping by?
$GXXM