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I didn't mean it to come off as harsh, just my impression when someone posts gloom and doom comments.
Honestly I haven't been following anything related to penny stocks for quite some time.
My point being why go through the costs to clean the shell and get it sold only to let it die? The old owner of the shell only gets paid out when he can sell shares since he wasn't paid any cash for it, so if this goes grey he's not getting anything. Seems to me like everyone has an incentive to make something happen here. But your guess is as good as mine, if not better.
Last year they went back and filed 2002-2004 years financials with the SEC.
I haven't seen a ticker go from dark to SEC current before so to me that is impressive and costly. Not to mention the letters back and forth with the SEC to satisfy their demands. Going through all those lengths to get the shell cleaned up and sold wouldn't make sense to just let it die out.
Predict all you want but I don't know how long you've been following this. Some of us have been here a very long time and to me it looks like you just showed up and are making assumptions.
I don't think so. Not sure what rules you're referring to but they went through too many SEC filings to bring this up to date to fall to the greys.
With all the tickers getting suspended by the SEC it makes me feel better that with the dialogue GEGP maintained with the SEC that we are safe here. Just no telling when the new owners plan to make this move.
GEGP
I'll have to look at the other dates but August 22nd 2016 PFMS appears to have closed at .00001.
My point is just that it does not mean the stock is dead. The GEGP shell was sold to a new group and they have not released any news or information yet. We wait to see what they intend to do with it.
The fact that they got all the SEC filings in line before the shell was sold and lifting the reporting requirement makes me feel comfortable that this won't get suspended like a lot of other tickers lately.
GEGP
Exactly what I thought. I've sold some off before as well. Thanks
Well it's happebled on other stocks and they have run. This is by no means a sign the stock is dead.
Maybe I'll give a try and see.
I believe you can do a market sell order and if there is no bid the broker will absorb the shares. IMO
GEGP
Not at all. Look at PFMS , a year or so ago it was showing .000001 and ran to .0070 recently.
This is just traders not wanting to hold and giving their shares to the MMs for the cheap. IMO.
Something will come of this, just no telling when. Fytton sold this shell to the new group and got paid in shares so it will need to run or get volume for him to actually be able to get anything out of it.
GEGP
Wow!!! Congrats to all on this one. I've been watching this one for over 5 years and just saw the run. Sold my shares 4 years ago because I got impatient and planned to get back in...fml
PFMS
Nope. I haven't been subject to the pattern day trader rule.
I think the trades below .0001 are people liquidating their accounts and the brokers buying it at discount to take the shares from them. Just a guess though.
That still doesn't explain why the actual buys at .0001 don't move the price back up. It shows in the volume and trade history but not the stock price. Very strange.
GEGP
$GEGP - Blockchain / Crypto reverse merger completed.
GEGP
$GEGP - Blockchain / Crypto reverse merger completed.
GEGP
Nope it was a normal trade, I've seen them do this before. It's happened to me when buying, the Ask will decrease and the shares will show up in the account but they will wait until the next day or after hours to reflect it in the price. Not sure why it happens that way but it almost seems like they want to keep the price appearing very low.
GEGP
$GEGP - Blockchain / Crypto reverse merger completed.
GEGP
$GEGP - Blockchain / Crypto reverse merger completed.
GEGP
Haha no worries, you have found a lot of good information I didn't.
The Hawaii registration you discovered has me very interested. They continue to do a lot behind the scenes. We will find out eventually and I expect we will be rewarded.
GEGP
I believe this is old information as are no longer registered in Nevada and instead are registered in Florida.
But also as you pointed out they've filed in Hawaii recently so I'd expect to see a filing with the State of Florida soon confirming that change.
GEGP
GEGP up 9,900% :)
GEGP - more market makers showing up on Level 2. Must be a sign of action to come right?!?!
GEGP
GEGP - more market makers showing up on Level 2. Must be a sign of action to come right?!?!
GEGP
With more Market Makers showing up on Level 2 I hope so!!!
GEGP
New Market Makers showing up on level 2, GTSM and MAXM. I've seen GTSM (CANT) here before but don't recall seeing MAXM.
GEGP
As we've seen before volume can flood in hurry, I'd say we're due.
GEGP
Because the new owners (Ice Lounge Media) are all involved in the Crypto/blockchain industry. Calvin Wong, Robert Schlegel, Ed Wong, and Hsiao Chen are also involved with Blockhold Capital as well.
Hsiao Chen's linkedin page refers to the recent acquisition of Gold Entertainment and it being a "blockchain-based business"
www.blockholdcapital.com
GEGP
Say what?
GEGP
GEGP buys coming in, Crypto related reverse merger last year, thin clean Level 2. Waiting on PR from the new owners.
GEGP
GEGP 10M buy, Crypto related reverse merger, thin clean Level 2.
GEGP
GEGP 10M buy, Crypto related reverse merger, thin clean Level 2.
GEGP
Interesting 10M buy here. Could get cleared in a hurry, it's happened before in a flash.
GEGP
Interesting that they registered the company in Hawaii shortly after the merger was completed.
They're definitely working on something here but tough to figure out from the limited available information.
GEGP
GEGP - Crypto, level 2 thin, reverse merger 9 months ago, large block of O/S owned by company.
GEGP - Crypto, level 2 thin, reverse merger 9 months ago, large block of O/S owned by company.
Great catch!! I looked them up on the Hawaii Department of Commerce site and that confirms it. Only a matter of time before we figure out their plan for the company.
https://hbe.ehawaii.gov/documents/business.html?fileNumber=95915F1&view=info
GEGP
Bitcoin exploding will be great for GEGP, there is no question that GEGP is a blockchain based business.
Only a matter of time before the stock price reflects this. IMO
GEGP
Interesting...I think it's clear GEGP (Ice Lounge Media) owns a portion of BHLD, so that is a good sign.
GEGP
GEGP - Cryptocurrency Reverse Merger
GEGP - Cryptocurrency Reverse Merger
Mergers and Acquisitions - I believe there will be news to come in the near future.
GEGP
Yea I've noticed it on quite a few tickers. Super weird.
GEGP
GEGP - Cryptocurrency Reverse Merger