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Bar1080: EXACTLY! That is why we do not need to pump the stock because were not selling any GNGR shares.
New changes and products posted to the website with industry data is key to letting investors know what is happening with GNGR and this industry.
Our team members who will be posting news and social media data will be about news and events that GNGR is embarking on and expansion into new markets as public information. There will be no intent.
Keeping the IHUB and GNGR investment community aware of new products and expansion plans is legal corporate news which is what most OTC's should be doing so you are 100% correct that the SEC should shut down all those other OTC stocks who are being pumped and shares dumped.
The only issue we face these days is correcting Mr. Newsteders spelling which is atrocious as he so admits to.
To lighten things up, in a past document when Mr. Newsteder was contacted by interested investment parties, Mr. Newsteder stated in the proposal that GNGR is not profitable when he meant to say GNGR now profitable.
This issue has been corrected with all data fully proofread as best as we can, but you know no one is perfect.
Team10 Marketing
Few updates to the Gunther Grant website. Things are moving ahead nicely. Everyone at GNGR is excited.
Bar1080: Exactly, accumulate slowly to obtain more shares at less cost.
We do not want to spend $1,000,000 to obtain the float.
We prefer to spend $100,000 more or less to achieve the same results.
I do not anticipate anyone selling and if the stock goes lower the better for our team. But one has to wonder, if no one is selling, where are the shares being purchased coming from?
These questions and various posted concerns will all be answered in due time not to long from now.
We are also making headway in obtaining issued restricted shares. If you own any, were buying.
Moving ahead, the anticipated events to follow will be unprecedented in a very positive profound way for all GNGR shareholders.
Out Team10 members are not in this for themselves but for the good of all involved in GNGR be it the CEO, The new creative director, Team10 members and all shareholders alike.
With a very low publicly traded float of only 108,553,765, their are not many who would be included in any benefit or positive outcome for GNGR. Regardless of actual over sold shares in the float above the 108,553,765 shares, only the true total of 108,553,765 should benefit by any actions taken by GNGR.
Important OTC data that is a given fact is GNGR has one of the lowest floats on the OTC of any company listed with just 108,553,765. No concerning issues we could find that does not show GNGR as a world reaching, Production Company with intellectual property and mold technology unique to only GNGR.
Mr. Newsteder was able to hold together a company that is publicly trading since 2008 with no dilution issues, no reverse mergers or even a red flag promotion warning from the OTC. A stop sign will soon be corrected once an audit of the financials is complete.
We can all agree that the past issues with GNGR that are mostly corrected by a fee to be up-listed to the OTC current position made GNGR look not so legitimate or even concerning, but we have to hand it to the company and the creative director, GNGR is in a very advantageous position to benefit everyone.
Some items GNGR casts are not what many would expect and some are even maybe a little odd, but they continue to sell globally and the files of global sales is extensive.
The only issue our Team10 could find was GNGR's lack of keeping current on the OTC with posted financials. That is under way as well and is just a monetary and submission of financials event along with a legal letter of opinion. A legal letter is not needed if audit financials are posted.
After a lengthy and exhausting macro look at GNGR from product conception, to world market reach that continues, and the technologies that have made this all happen is something we have never seen in any OTC stock we targeted.
Since GNGR went public in 2008, 1000’s of companies we looked at have all but failed or vanished due to manipulation, de-listing by the SEC and many companies that did not achieve their intended (intent) marketing goals.
GNGR a little known, legitimate, full production company that is expanding, now that the creative director is working full time on new ideas and mold production and finished products for continued and expanded sales globally will make GNGR known to the investment community and to world competitors.
In the past, Mr. Newsteder and GNGR was a little to liberal with data, news and even releasing some of the technologies with regards to the trade secret unique mold making techniques as public news.
Website posts to investors that also were accessed by rival companies and production facilities promoting reaction from Chinese jewelry manufacturers who made offers to have GNGR pieces cast overseas and allow those facilities to use the GNGR mold techniques.
At no time did GNGR release any technical data or trade secret techniques to anyone with great relief to our Team10 and to you the shareholders.
What likely would have happened is the entire jewelry casting procedures overseas would have adapted to GNGR’s technology and GNGR would have to compete with competitors using the same technology GNGR created.
That data and proprietary technology is now under secure wraps and any data even hinting at costs, time to create and how GNGR molds are made is being removed from public view.
The new website for Gunther Grant should be accessed every so often to review the product lines and further enhancement of our plans.
There will be no questionable marketing of GNGR, No market maker manipulation and no red flag on the OTC.
Team10 is on the job full force. The best has yet to come.
Accumulating the float is not so easy when the float is so low any few buys sends the stock up. Just enough to accumulate and not enough to send the price to high. Don’t blink.
Konshe, Wall St Kid. Everyone! PROBLEM? with many saying the same thing (they want to sell for 100% or 150%) only a few out of 1000s who want to do the same as you both will not be able to and neither will you both. WHY? Ill tell you.
If the BID price rises to even $.003, which is a stretch, and people try and dump the shares with a bid buy volume now set at 595,000 that many paid only $.0018 per share comes to only $1,071.
That means, if SGMD sold 300,000,000 over the past week at $.002 which comes to $600,000 and just 3 people who own those 595,000 they paid $.0018 ($357 each)
When you divide $600,000 by $357 you can see that there would be 1680 people trying to sell at $.003 to make the same 100% or 150%.
3 of the 1680+ people would be the only ones who are able to sell at $.003 then the bid price will drop below $.0018 and the other 1677 people will own shares for less then what they paid.
Not to mention that even though shares are selling at $.003 with a 907,000 volume on the asked, once those 907,000 are gone they just add more on the asked for $.003. They will keep adding more and more $.003 shares as people continue to buy.
You see the asked at 907,000 volume but 85,000,000 traded so level 2 is actually non-existent. You see level two at a higher asked assuming the bid goes up but it never happens. The bid will drop while the asked stays the same more or less. This makes it so no one other than the company will sell to make money, others will always be at a loss.
And even if you tried to sell now only 50,000 shares at $.0019 the MMs will drop the bid even before the 595,000 big figure is reached.
The shares are held hostage because the MMs don’t want to buy, they only want to sell and the only ones selling are the company, which means? The only ones making money are the company and CEO and a few pumpers who make a few bucks here and there.
Ill say it again, you all know this! You know it full well but for some reason want to believe it wont happen this time.
Lets face it. A stock certificate of 100,000,000 at $.003 comes to $300,000 for just a 8 ½” x 11” piece of paper. That’s more money then gold, diamonds and YES even the need to make a company work to make profits.
If SGMD said they were going to make $20,000,000 and have to work for it why do that if $20,000,000 divided by 100,000,000, $300,000 certs is just 66 pieces of paper! Last time I looked I was never able to sell 66 sheets of paper for $20,000,000 like SGMD has done, so why sell anything other then just paper? RIGHT!
Why pump a gold mine when the paper is worth much more then gold. Why sell pot or deliver pot when selling paper is worth much more! Why sell ANYTHING?
Well they can’t say “Hay investors were just selling shares of paper” that you would not like so they say they INTEND to sell pot or masks or whatever because that is what they know you want to hear.
SGMD, I actually am liking these guys.
They are playing the game and winning and NOT breaking any rules. Got to hand it to them, they are 100% legit and raising TONS of cash!
Right ON SGMD you got my respect BUT not my money..:)
If you take two different stocks and compare them side by side for instance. SGMD has billions in the float, huge debt and no profits.
Compared to GNGR that has a low float (108 million) no debt and is profitable you can see how SGMD will sell tens of millions of shares daily and the price won’t budge because the dilution is a fraction of the billions in the float.
Then you take GNGR where only a $200 buy can move the stock up 100% like the other day because the traded shares is a significant part of the low float.
Dilution is liquidity, liquidity is dilution, and it all depends on how it’s structured. Millions of shares traded per day on a large float will keep the price consistent with little change on the bid and asked. A low float stock can move 400% even 10,000% on just a few small trades because of the relationship of the trades to the low float.
With billions in free trading shares owned mostly by the company, they release shares as needed to satisfy the asked volume which keeps the price the same. It's like filling a bathtub with water that is at the edge and as a little water is drained more water is added to the tub but it never overflows but is JUST at the edge.
Same with stocks. the water never drains and never goes over the edge. Once the authorized and float are sold the drain plug is pulled. For those who are not getting it, the water overflowing is a higher share price the draining is a lower price.
SGMD selling 10m 20m 100m each day on a new large float of 10,000,000,000 is dilution but GNGR with only 108,000,000 float which comes to almost 100th of SGMDs float that sells only 500,000 is liquidity.
People will buy a bad stock over a good stock for many reasons. SGMD is not a bad stock; it’s just a diluted stock where as GNGR is not a bad stock it’s just not achieving a large liquidity, which means no dilution.
It will take $100,000s in trades to move SGMD up to $.004 for the same reason would take $2 billion in trades to move Amazon just .05% and it only took $400 in trades to move GNGR up 400%.
Most of the Marijuana stocks from 2 years ago when the news was new and exiting are all in the toilet: I told people then DON’T DO IT. They called me a fool but now MCOA $2.98 not at $.019 – MMNFF $7.00 not $.17 – MRJOF $25 is not $7 and CANN (everyone’s favorite at the time) $8.00 now at $.35.
You see the pattern here? When the float and authorized is gone so is the value of the stock that needs continued pumping to keep shares sold, when the shares are gone, the pumpers are gone and news is gone.
It’s no wonder those pumpers never say or prove they bought or used any service from any of the stocks they pump because there is nothing to buy other than shares.
This is why promoting the stock, building liquidity/dilution and the volume it takes to move a stock up .05% or even 400% is key to proving which is a good company or which is a great company.
As long as they file and keep investors informed of the risks, none of them are breaking any laws.
Exactly, the status quo is hilarious.
You can't sell on the next pump-->
On the next pump they will only want people to BUY not SELL. That is why the price has been $.002 as they raise millions no one can sell because the price wont budge.
At $.003 (Yeah HUGE gains by they way) they will have available 200,000,000 shares available for sale on the asked and maybe only 20,000 on the bid. Meaning they will sell much more then the MMs buy. And EVEN IF you can sell at $.003 (again for most its still a loss) if even 2 people put in the sell at the bid would drive the bid below $.002. This event means maybe one or two can sell a few shares but not the bulk of their shares because the MMs know what will eventually happen to the stock and do not want to load up on inventory they cannot sell.
The phases of these stocks is to get people to BUY and not sell. The way to do that is keep the price down and make it lower so the same idiots who bought at $.15 will buy more at $.01 then $.002 then $.0003 and so on.
No one makes money on these other than the CEO, the group who set this up and the pumpers who are paid a % of the take (Deposited to their ATM accounts from overseas)
Pumpers will do what ever they have to so their ATM cards have money deposited into that account. NO pump NO pay.
Any more help let me know. Jimmy and the group did noting illegal and will make even MORE $$$ as people cost average.
If the price goes UP the company will be selling along with everyone else killing the price SO the ONLY ones selling will be SGMD.
Have a wonderful day.
Chi-town Bull: Response question->
Chi-town Bull Friday, 05/29/20 10:35:59 PM
Re: MallenNV post# 36522 0
Post # of 36568
You know I have to hand it to you spent a lot of time and effort writing a post like this. Just answer me this one question are you saying sugarmade is not a real investment by these people?
SGMD is a real investment but we have to define REAL. Real means it happened and a transaction was placed which is real. If I said Ill sell you the Brooklyn bridge for $10,000 and you hand me over $10,000 cash and I create a contract saying I sold you the bridge, that is a REAL investment transaction. SO now we know that any investment where a transaction is made for goods for money is a real transaction regardless of it being legit or not.
You have to decide using your own DD if it’s valid or poses little risk or even is real or not.
SGMD is not a fake transaction or investment. You purchased stock with the small print saying you can lose it all and SGMD could fail. That is a Real investment transaction.
If it works or not is the gamble and risk you take. But they did not sell anyone a bridge or commit fraud; you bought stock knowing the risks or failed to read the risk documents that protect SGMD in case they fail you cannot make a claim against them.
The outcome is, it is a real true investment, if it does not work out no one is to blame, they got your money and you lost money. Either way someone loses and someone wins.
SGMD did not force anyone to buy stock, that was done by the buyers own responsibility and the buyers needed do their own research.
Glad I can help.
Watch and learn...eom
Suissac, You just proved my case-->
I understand you want to compose logically and accurately but you are now doing just the opposite and letting emotions take over your logic.
You are not reading my posts and now say I stated things I did not. That is why SGMD investors are in the HOLE they are in, they DO NOT READ!
I never said Pump and Dump is legal but you seem to think I did. I said Jimmy did nothing wrong and those who paid his debt hired those pumpers who mislead the investors who used pumpers posts to make decisions and did not look at the company intent.
Ill say it again so you can understand it and end this because I can’t keep saying one thing and you saying I said another.
SGMD stock sold by Jimmy to 3rd party debt converters is the same as Jimmy selling a car to a stranger who then takes the car and robs a bank with it then runs over people in the street to get away.
Then they bail out of the car and evade police and never get caught. Is it Jimmy’s fault it used to be his car? Does Jimmy get in trouble for the actions of those who bought his car? Of course not.
Jimmy will not be charged with pumping because he did NOT pump the stock. The 3rd party people did and they are not known or can be caught being hidden well on the Internet with no way to know who they are.
I know full well pump and dump is wrong I never said it was right but you seem to think I did. That is the delusional lost in translation that is the problem with this industry. You read one thing and say what you interpret as something else.
SGMD did not do a PUMP AND DUMP, they sold shares for debt to a third party and you have to find that 3rd party. But unfortunately they are not here in the USA and are not under DOJ jurisdiction.
You are correct in your last post about pumpers but you are 100% wrong saying I implied its OK or legal.
That failure to read accurately is why everyone here will lose their money.
I understand your frustration but your efforts will not yield the results you are looking for.
You can site SEC violations but they have to match exactly who performed those violations and Jimmy did not do anything illegal. Pumpers did but Jimmy did not.
Sorry to say. This proves I am again 100% correct.
Mr Drip, One of us will be 100% wrong and I am never wrong. Watch and learn how this works.
I know who got the bulk of the money and where it was redirected.
It’s the NORM on the OTC so you can't say this one is unique and singled out from all the rest when its the norm here on the OTC.
ALL OTC pumps start and end the SAME WAY.
What is also the same is the ranting about legal action and SEC enforcement that never happens and even IF the SEC takes action they just fine the scammers a fee (about 10% of what they raised) and they won't send over the data to the DOJ.
With no data to the DOJ no criminal action will be taken. the SEC enforces regulations but does not prosecute, they file to have the DOJ prosecute but if you pay a fine the complaint never makes it to the DOJ.
Sell high in the beginning, dilute and PUMP like the last few weeks, dilute more, let people curse the CEO and complain of SEC action, then once the new debt is free up the 3rd round of a pump and dump campaign then when the debt it gone its OVER.
Mr. Drip! I don't have to prove you wrong, it will happen organically in the next few weeks.
They don't let a pump campaign last longer than it takes to start the paperwork to investigate so the SEC will see the company GONE and say OH well to late to prosecute when you cant even find the parties who did it.
Ever notice these pumps are like 3-6 months rarely ever longer? that's so they can close up shop before any case is filed. If they last longer or years its because they did nothing wrong legally.
You will learn how this works but I think you already know and are just pissed happen again over and over and over again.
Welcome to the OTC
Jimmy did NOTHING wrong-->
First: All SGMD investors need to understand this industry and why it thrives even under these conditions and why it is totally legal.
A small public company that is not of interest to anyone (SGMD) and their cleaning supplies is far from exciting to even be noticed by investors.
In 2011 the public entity known at DVOP (Diversified Opportunities) switched tickers to SGMD that you all now know the company as.
OTC data:
Formerly=Diversified Opportunities, Inc. Until 7-2011
Formerly=Enlighten Software Solutions, Inc. Until 2-2008
Formerly=Software Professionals, Inc. Until 05-96
DVOP likely did a similar marketing campaign that you now see with SGMD but the campaign is LEGAL and SEC compliant and any files or complaints sent will go unnoticed as the SEC reviews them and also says SGMD did NOTHING wrong.
The only people wrong are investors who don’t see the facts like the SEC who will NOT file or persecute SGMD in any way and here is why.
SGMD did NOT violate any corona marketing rules. A company has the right to say they intend to deliver marijuana during the corona closures when people can’t get to the stores.
That is NOT violating the corona marketing rules as opportunistic.
If Jimmy has said WE are helping reduce the corona spread by delivering pot, than he would have been in violation.
McDonalds promoted the same as Jimmy “were open and expanding during the corona due to heavy drive through sales” that is not opportunistic in any way and neither is saying delivering marijuana will increase sales due to corona dispensaries closures.
And also SGMD saying they sell gloves and masks is not opportunistic. IF they had said their masks are BETTER at stopping the virus then others then they would have an issues as opportunistic.
SGMD did not violate that rule in any way.
ALSO: what people do not get is that although there are not as many people on IHUB compared to the larger number of SGMD investors, the following happens and investors did it to themselves. SORRY TO SAY!
A post from SGMD that stated they INTEND to reverse and POSSIBLY go to NASDAQ does not mean they WILL do it. BUT one IHUB member who is delusional and cant read will go tell 100s of other NON IHUB viewers that SGMD IS going to NASDAQ. One such person I know who’s sister told him SGMD is headed to NASDAQ and $8 per share was about to buy $50,000 at $.15 cents.
I said DON’T DO IT! He said something like “I want to get in before they go to NASDAQ” then his sister tells more friends to invest that SGMD IS going to NASDAQ when in fact they never said they ARE but POSSIBLY WILL. (my friend declined to buy SGMD at $.15)
That phrase seen by the SEC means they did nothing wrong. What is wrong is the naive investors see what is not even there and tell others what is not true. That means SGMD is off the hook when YOU ALL tell others to invest saying things are TRUE when they are not.
Investors who misinterpret the PR’s are the ones spreading lies NOT Jimmy or SGMD.
At the SEC I asked one in house compliance officer. HOW is it that a GOLD MINE company can raise $50,000,000 selling stock and never even make a penny in sales or profits or even find gold? They said its simple, the company did not lie and if they don’t lie they cant be punished by the SEC or DOJ.
The gold mine claimed they had a land claim that COULD be filled with some of the $500 billion in gold still in the earth and they already set up the excavating equipment.
Then the pumpers pop into IHUB and say THEY ARE ABOUT TO UNEARTH some of that $500 billion in gold and investors tell others (family and friends) that THEY FOUND GOLD. Notice the pattern here?
The company says they MAY find gold and investors tell others they FOUND GOLD. Again it’s the investors who spread lies NOT the companies.
When I asked to see the evidence on the so called GOLD MINE company and the land they have rights to and the equipment they are using to extract the $500 billion in gold, I saw a photo of a mans front yard in IDAHO with a white fence around a 3’x3’ area with a home depot $15 shovel shoved in the ground inside the 3’ x 3” area.
The company rented the 3” square from his brother with a valid lease for $100 a month. This proved the company secured the land lease. And the Receipt for the shovel that was in the ground was legally OK as excavating equipment underway in excavations.
REMEMBER the small print that says there is NO guarantee they will find gold or even make a profit. BUT investors are so blind-sided by their own "Delusions" they actually change the wording in their minds to a sure thing.
This self inflicted SURE THING ends up being the truths as it’s told to others when the company said NO SUGH THING.
SGMD never said they ARE going to NASDAQ, SGMD never said they ARE going to make $20,000,000 delivering marijuana and they actually never said they ARE buying even 40% of BUDCARS.
They NEVER said they ARE or GUARANTEE. They always say they INTEND TO go to NASDAQ or as it clearly states on their business description the following:
“The Company has made the commitment to purchase 40% of Budcars during Quarter ending March 31, 2020 and has the options to purchase controlling stake in the company. BudCars is quickly becoming a powerful presence in the California cannabis delivery marketplace.”
This means they are NOT buying 40% of Budcars and will likely not even buy the other controlling stake. (And I have yet to see one image of a budcar other than the photshopped version in ads). They clearly state they made a commitment to buy 40% that means they can back out before they even decided to buy into the budcars thing.
BUT investors tell others SGMD BOUGHT 40% and will soon make $20,000,000…. Again Investors are their own worse enemy.
This is the NORM and OTCs doing this know how to slip by the law. If you say you BOUGHT 40% you better prove it to the SEC but if you say you made a commitment then decided not to after you sold $10,000,000 in stock, they violated NO SEC laws and any complaints will be proven not illegal.
INTENT is a legal way to say YOU MAY DO SOMETHING or INTEND TO only to say we decided not to a few months later after selling $10,000,000 shares at $.15 a few years ago and continue to sell more as the price drops.
Investors who spent $$$ who are now complaining have only one person to blame, YOURSELVES! Sorry to say it so abruptly but when you look at the facts you can't be that blindsided by facts of your own imagination as to what you want to happen or believe when it was never mentioned as a fact. (Or maybe it's true)
The more INTENT PRs issued telling a NEW and exciting plan only attracts more people to invest who tell others its TRUE.
One investor here will HATE Jimmy (Remember Jimmy did nothing wrong) but that same investor will be hated by many more (family and friends) that the INVESTOR miss leaded as a fact about SGMD when it was just intent posted by SGMD.
This INTENT means there can be NO SEC or DOJ actions because YOU the investors need to read and let it sink in before you tell mom and sis to invest at $.15 because it WILL go to $.25 soon. No one said it will, not SGMD and not a PRs.
It’s the delusional investors who get lost in translation who make mom and sis hate him when the stock tanks to $.01 or lower. Then they say BUY MORE to cost average so when it goes back to even $.05 you’ll make a lot of money! Fools following the fool and this has ZERO responsibility on SGMD.
SGMD did NOTHING WRONG legally. You all read one thing and said something else totally different to BOOST the stock to others.
Investors because the lying pumpers and unlike those who pump here, YOU did it for FREE!
Jimmy is NOT behind the issues and can’t take any blame. HE used his company and the talents of a HUGE network of people and he simply just added debt to his financials so the others can pay off the debt (The debt is usually a 3rd party debt holder who is associated with the CEO so the money goes right back to the CEO)
If Jimmy (And I SAY IF as in COULD HAVE OR MAYBE, NOT FACT) put $5,000,000 debt on his books, The other actors would say Jimmy well pay off $250,000 of debt for 100,000,000 shares, Jimmy of course says OK its only paper to him.
SO he gives the restricted shares to the group who then shows they paid debt for them so they can be registered to be sold.
Then those 100,000,000 are sold for $.15 like 2 years ago for a staggering $15,000,000 but they only gave the debt holder $250,000 but that’s OK because with MORE shares added like the 8 billion recently there are more to sell and more and more.
If Jimmy sells off 100,000,000 blacks to debt converters, 8 billion divided into 100,000,000 is 80 rounds of debt 100,000,000 shares.
The first go around when the stock is $.15, Jimmy sells the 100,000,000 for $.025 for $250,000 NICE quick cash. Then as the stock drops lower and lower he has to sell the traunches for less BUT to make more money you add more shares to the authorized.
The more shares for less money is the same as fewer shares for more money
You all getting this yet!
Eventually the shares will be sold (100,000,000) on the debt conversion for very little as the dilution happens and people start complaining and NO intended actions of SGMD come to fruition.
Once the 8 billion are issued and there is no more debt to buy, its OVER. The company goes dark like it did in 2011 as DVOP and eventually SGMD will re-emerge a new ticker and idea with Jimmy long gone while the once who made it happen remain and do it over and over to many company’s at any given moment.
The total loss annually is per my figures up to $600 billion annually just on OTC stocks that do this. BUT as long as Naive investors who misinterpret data are here the more money you will lose and others will make.
Jimmy will walk FREE with no legal actions and the company will fade away into the sunset as those on the TOP made $millions will take the next few years off then come back and do it all over again like they did in 2011 and 2020.
I hope people learn next time but they never do.
What is not allowable?
Yes it will for everyone.
The PUMPERS are silent? That is because they are awaiting the downgrade from OTCQB to OTC current as the price fell well below $.01. What happens is those who loaded up at higher prices are now the ones complaining to one and another.
This is NORMAL for OTC stocks that set this whole thing up. This is not isolated or unique as if this never happens, it always happens the same way right on time.
Once the drop to OTC current they will likely stop posting financials as new investors jump in on some new pump. If SGMD relied only on the paper goods they sell to find investors, they would have ended up with only a few who buy once and just sit and wait with no new investors jumping in.
A stock that is being SIT on with no new investors makes NO money for the company so they have to create new intent, new maybes and new possibly PR's. Remember the MAYBE up-list to NASDAQ then they decided not to, then the new MJ $20,000,000 delivery service due to corona and now that delivery needs are dead as dispensaries are open it's back to paper goods only now its masks and PPE. What next?
OTC’s are like an ice cream store. If they only sell one flavor like vanilla, only those who like vanilla will go there and eventually the store will not make enough money to stay open SO they serve chocolate than strawberry, than cherry and so on.
It’s the same with an OTC stock. One flavor like going to NASDAQ as the only story will never make it past a few investors so they have to add more flavors like MJ delivery, then PPE, then what? Did I miss a few from early on? I believe SGMD is up to 10 flavors of PR intent news and is attracting more customers and now that the MJ deliver flavor is done as is the NASDAQ and soon the PPE what will the new flavor be to attract new investors. Can’t wait to read that news.
I still am glad I told my friend who wanted to invest $50,000 at $.15 NOT TO! He would have lost most (all) of his money and GUESS WHAT? A pumper private messaged me saying NOW is the time to load up that $50,000 at these cheap prices. YEAH SURE.
The fact is: SGMD will make millions, 10's of millions selling paper and NOT the kind from their warehouse if they even own one BUT paper as in SHARES OF STOCK.
Why work, hire people, spend money when you are making millions doing ZIP just selling shares on a $200 PR news post.
Think about this: 10 PR news releases ($200 each) cost maybe $2000 and each time they sell millions in stock over time till the next PR is issued so why work or sell PPE or deliver pot or do anything.
The ONE fact that is constant is people invest on news not reality, they start cursing the CEO and calling him names (like he even cares) because they KNOW its part of the cycle.
Take a public company, make it something its not by way of news and PR intent, sell shares, add more authorized to convert from debt and once the shares are gone, the pumpers vanish leaving a group here that only talks among themselves about what happened when you all know FULL WELL it's your own fault.
The CEO takes the $$$ does not care what you think, tosses his cell phone in the lake and lets the company go dark on its own not filing and letting it fizzle out only to emerge again in 6 months as a new OTC with a NEW ticker and huge intent ideas.
You all know this, You can’t be that DUMB to think when it happens 100 times before with other stocks that this is the ONE that will be the winner that will make back all your past losses.
Most of you know full well what I am talking about, if you do not then this is your first lesson learned and onto another stock, then you’ll know what I'm taking about as you have it happen again and again.
At OTC current, the company will have 100 new flavors, dump 8 billion shares and possibly 80,000,000,000 more naked shares for $.001 and take in another $80,000,000 than that will be that.
The over sold shares will not have to be accounted for when the ticker is de-listed. Usually though at this level the bottom feeder pumpers (know the stock will be de-listed) jump in to sell $.0001 shares to suckers who cost average. They keep most of the money because the naked shares are not actually paid for but its pocket money to buy the $14 martinis on Friday to impress the ladies or to pay rent etc.
Dam!
BINGO!
We know much more than you do.
Wheels are in motion. Don't blink.
SGMD will just drop to OTC current from OTCQB. It’s part of the plan.
They raise $2m, redirect share sales to a 3rd party who then reinvest in SGMD, they file to be penny stock exempt with the $2m asset and go to $.01 then to OTCQB.
At OTCQB they dump $20,000,000 in stock then drop to OTC current, when there they pump again and again and when the stock drops the same IDIOTS who bought at $.20 more or less will buy even MORE at $.0005 to cost average.
The same people losing will lose more, they just claim they won’t lose to much on a per share price as they cost average but money is money right!
It’s just how the OTC works. The companies know it but the investors don’t change. The more they don’t change the more OTC stocks will make BIG $$$$$$ but not for the investors.
Sorry to say.
SGMD has only 2 choices. They are:
Reverse the 10 billion 1-5 to 2 billion and bring the share price up from $.002 to $.0125 to remain on the OTCQB than dump the 2,000,000 for $.01 for $20,000,000
Or
Sell off the additional 10 billion at the current $.002 for the same $20,000,000.
The only choice to make is which way to go. Staying on the OTCQB with a track record of doing nothing maybe hard to sell shares now at a higher price. So my guess is they will convert the new added authorized to the debt conversion and just sell them for less to smaller investors.
It is much easier to get 40,000 people to each invest $500 at $.002 to net $20,000,000 than it is to get the same amount of people to each invest at the higher price. Also when the stock drops further, people will jump in with cost averaging (They always do).
The company knows full well the stock will tank and people will cost average. If the company and brokers all know they will fold, the brokers who know that will over sell borrowed shares up to 10 times the 10 billion that can add 100 billion to the float.
Knowing the shares will be cancelled and the company shut down means none of the over sold shares have to be accounted for as the ticker is removed.
When a company over sells borrowed shares, they want the SEC to delist them. That covers the fraud and oversold shares.
You can bet 100 billion will be sold with the knowledge the company and its ticker will be gone soon.
100 billion even at the cost average price of $.0001 is still $10,000,000 (not to bad at that).
The company not will, but must do something, and one of those things will not to become a successful company so which is it?
Reverse 1-5 or dilute 10 billion then onto 100 billion on the cost average over sold and than force the SEC to delist them so they can hide the deceit.
One thing is a fact; the company made more money selling shares then any products and it involves very little work and costs.
The form 15 termination of registration is public information posted on the SEC website as you are aware of having posted it yourself as did others, (Public accessed info).
We Accessed that same public data and asked the CEO, what happened and why did he file the termination.
He gave us the story, which is backed up by receipts to Donnelly and attorneys and further backed up by events that caused the SEC to suspend many aspects of approving comment lists.
Form 15 is a publicly posted documented business decision backed up by public data and the CEO’s accounting of why Gunther Grant did what they did is not insider information.
The termination date and the date the ticker GNGR was issued also fits within a very narrow time frame of filing with Finra to be an OTC stock shortly after filing the termination document after attempting to file with the SEC to be on that exchange which obviously did not happen as explained why.
The goal of Gunther Grant was to file to be a publicly traded company by 2008 (as per their initial business plan) and that goal was accomplished having been accepted by Finra.
Asking the CEO a question about a publicly posted event (form 15) and why it happened to get answers is something anyone here could have done.
I believe that statement is: Volume before reverse merger.
I hope this sheds light on the 15-12G issue:
Gunther Grant filed with Finra to become an OTC publicly traded company December 2008 aka (The pink sheets) if anyone uses that term anymore. The “registration of termination” you are referring to was filed November 2008.
IMPORTANT: Keep in mind the “registration termination” was filed prior to Gunther Grant becoming a public company not after, but it had to appear on the OTC data regardless.
According to all the documents we have and our communication with the CEO, here is the factual data and explanation of that situation. This will be posted on the new website under a Q&A section to address any concerns.
According to records we have with regards to the comment lists, which are lists of comments requested by SEC attorneys when a company is applying to become an SEC listed stock. The comments sent back to Gunther Grant from the SEC with questions requiring responses to data that was sent, first had to be converted to what is called EDGARization which converts word documents to the required SEC format and was processed by RR Donnelly for a fee.
SEC Attorneys who were assigned to Gunther Grants comment list would send back questions that were promptly and accurately answered, sent back to Donnelly for Edgarization and sent back to the SEC with additional comments being asked and each time had to be resent using the RR Donnelly Edgarization process at great cost.
The actual event that created the ”Registration Termination” some are questioning was due to the following:
In 2008 the SEC was in Turmoil and considerable action at the SEC was being taken with the ouster of Christopher Cox and his replacement Elisse Walter around the same time frame Gunther Grant was in the SEC approval stages. During this time the SEC was deadlocked with regards to operations and registration requirements due to those in charge were facing political indifference before congress stepped in.
During that turbulent time at the SEC, Gunther Grant found that every few days and sometimes twice a day, an SEC attorney would introduce themselves as the new replacement comment list attorney because the previous attorney left for what ever the reason. This happened countless times, with each new attorney assigned requesting that the process start over as each new attorney wanted to examine the registration documents from scratch. As each new attorney requested comments the same as the previous attorney asked, and with each new attorneys comments answered, Donnelly charged those Edgarization fees each time.
This process of having to start over with each new SEC attorney from scratch was like the movie “Groundhog day” with Bill Murray only each time Donnelly charged a fee every time the same answered documents needed to be Edgarized and the costs were adding up to $25,000 or more. We saw the legal and RR Donnelly bills to submit the same documents over and over, they were staggering and a complete waste of time answering the same comments to different attorneys sometimes twice per day.
On or about late October (Mr. Newsteder cannot recall the actual date) and with no knowledge of what Finra was, the Last SEC attorney assigned mentioned that the SEC process is likely to be on hold for many months and that Gunther Grant should just file with Finra and become an OTC stock not an SEC BB stock and one day if they so choose to do so, can elect to move up to another exchange.
In order to enter the OTC (pink sheets) with Finra, The attorney at Finra said the company has to first terminate the registration with the SEC.
Mind you, this was all prior to Gunther Grant being publicly traded.
Mr. Newsteder quickly filed the “registration termination” document with the SEC November 2008 and in December 2008 entered the OTC and soon after the ticker GNGR was assigned to the company.
The registration termination was not and is not a bad event. It was a requisite to be able to enter the OTC that would not have been allowed with an active SEC registration.
The data we received from Mr. Newsteder is backed up with statements to RR Donnelly and legal receipts as well as compliance requirements with the SEC and Finra.
References to search:
2008 - SEC turmoil
2008 - SEC deadlocked
2008 - Eight SEC employees disciplined
RR Donnelly Edgarization
What does Healthier Choice have to do with this?
What are you referring to?
Sorry to say it won't happen, $.0001 next
One of our team members was insistent we took a $50,000 position on this stock mid 2018 at a share price of $.17 After I did some research a vote of 9-1 not to invest by our 10 member group killed that idea.
At $.17 per share, $50,000 would have been 294,000 shares and today those same shares are worth $588.
Safety in numbers.
The current GUGR website will be redirected to the GuntherGrant (com) website name that has been launched and the current GUGR website will be shut down as we revamp the entire corporate identity, structure and plans moving forward.
At this time we have secured the operating rights of Gunther Grant, Inc. Through a proxy deal with the CEO. In addition to our accumulation of 25,920,000 shares from the public float, we have also secured the rights to acquire, from two non-affiliates, a total of 208,462,942 free trading shares with no legend giving our group a total of 234,382,942 shares that can be added to the remaining 82,633,765 float shares we are no longer looking to acquire.
Once we add the non-affiliate shares to our accounts, the float will increase to a total of 317,016,7070. Owning just shy of 75% of the float will allow our team to recover 75% of any dividend issued. The remaining 25% will be anyone’s guess as to who gets what as the street name brokers call in the stock to be returned from borrowers. Any shares in the float over 82,633,765 will be the broker’s discretion as to what happens.
Our Team10 did not crate this securities mess, nor did the company or the acting executive team. We are here to clean it up and expand on what is working well and continue to forge ahead.
The current CEO will be stepping down and take a new position as VP creative director while others in our team focus on the company and getting GNGR compliant. The full report and data will be posted on the new website that is active now at GuntherGrant, and copies sent to Finra and the SEC.
Gunther Grant and the CEO did an amazing job taking a small company public that has continued to grow as best as they could facing various obstacles. Now it is time to work together to bring it all together. That is our job and we know how to do that very well and leave the creativity to the VP who does that very well.
So far Gunther Grant has been void of any schemes and issues that many OTC companies are faced with every day, some by target and some by design. We will also make sure the new Gunther Grant is compliant with all new 15c2-11 requirements.
Our Team10 consists of professionals soon to be listed on the new website who have the legal and accounting experience to handle this task as well as additional capital investors.
Gunther Grant was close to V-tach but now in on its way to normal sinus rhythm. Out of 100’s of target companies we looked at, Gunther Grant was the prime choice due to the stock structure, products being sold and the ability to expand without nefarious individuals getting access moving forward.
Note on the subject and so that shareholders understand the situation. Everyone who owns shares in GNGR or other stocks, the stocks are not in your name even though you paid for them and see them in your account. They are held in a street name usually in the name of the various brokers.
When you see the data on a companies OTC data saying “shareholders of record” in this case GNGR shows 16 shareholders of record. That does not mean GNGR only has 16 people who own stock, it means that there are 16 holders in street names such as Scottrade or TD and so on. One of the 16 holders of record may be Scottrade who has 100’s maybe 1000’s of people who bought GNGR through Scottrade. Each of those buyers would see shares in their name and account but are in fact not in your name but the broker’s street name.
Most also do not know that when you buy stocks, the small print you approve in the agreement when opening an account, allows brokers to lend your shares to short sellers as long as they are covered at some point. Because the DTC will not post data that is so secret to the public, even congress cannot crate a law to have it exposed, the DTC will actually let brokers borrow far more than what is available so while the broker lends your shares to others, the DTC will multiply them 10-20 times or more.
Brokers who know this will target a company with the intention of: 1) knowing or believing the company will fail and cancel the shares which covers the multiple borrowing, or 2) They will deliberately work to artificially dilute or hold the price down so investors they oversold to won’t be able to or even want to sell eventually hoping their efforts to dilute artificially will cause the target company to compensate by releasing more shares to the market thus confusing the already oversold securities.
That is the reason our group is obtaining the certificates in a non-street name. These will be the only certificates that will be actually owned by one or a group of individuals rather than a broker’s street name.
Scottrade may have a true figure such at 20,000,000 GNGR shares in their street name account, however when they were lent out and sold by other brokers to other buyers, when the borrowed shares were returned to Scottrade, the other buyers still see the GNGR shares in their stock account because the DTC allowed them to be multiplied by brokers possibly to 200,000,000 or more.
Once we get the true float certificates into our name and invest into GNGR, the whole game will change. Everyone above the 108,553,765 shares held in street name brokers accounts will be non-existent and take no part in any possible cash or stock dividend.
Buying certs privately is legal..eom
My Group of 10 is also located in Summerlin NV not far from the city. Since we are an investment group of 10 with the plan to target one company at a time, it was difficult to find one that fit our investment strategy.
Each member put up $50 grand with additional capital at the ready. Starting with a combined $500,000.00 we can leverage our capital and professional ability to focus on a plan that in many ways is unconventional and poses a risk of just 10% rather than 100% of any investment we make.
I came into this social forum to find out if the person who posted they own 10% of the actual float wanted to request the cert and sell it to us at the current price. This would prevent us from having to slowly purchase that percentage and also keep the transaction off the public records preventing the price from rising if we were to purchase on the open market. Those shares with our combined 24+ million already held by our group will be close to 1/3 the entire float.
If is all I can say because I don't know. All I know is GNGR has been here since 2008 never did a dilution pump or reverse merge or any negative issues. Sure they are on the stop sign but they went to current twice and posted no debt and profits but that was not good enough as most OTCs that raise millions on a dilution pump have debt in the millions with no revenue and losses (So they can sell the debt for shares) one issue is the debt is held by close associates of OTC debt pumped companies so the debt being paid goes to the ones dumping the shares. What I see if GNGR is clean, no debt (as of 2017) profitable (again 2017) and the float has not changed since I believe 2012. As per their website, to go from OTC stop sign to current is a simple as paying the OTC $4000 and sending over the 3 years past due financials. If its that easy, why are they holding back? In 3 years they did not increase the shares, or do a pump, or reverse or get new ticker so why even if they have debt and losses and no revenue would make them the same as those OTCs that raise millions who would be the same structure. Should GNGR go to current with $5mil in debt -$12,000,000 in losses? that seems to be what people buy into ( cant figure that one out) but TO the MOON seems to still be the words of choice to get idiots to part with $$$$ so should GNGR say to the MOON, don't miss the train leaving the station? One can only wonder GNGRs next move BUT one fact is true. $4000 to the OTC and 3 years financials (good or bad) and GNGR can be OTC current again. If they do that what next?
Read post #13364
I own "0" shares. saved my friend $20 grand!
As per the DTC data with CNS shares, it's possible more than 900,000,000 GNGR shares have been sold to the float CNS. If that is the case, the 108,553,765 true float means that as much as 800,000,000+ shares will be wiped out of peoples accounts POOF GONE! the ONLY way for others to save their holdings in GNGR is to request a cert which almost ALL will not do. This leaves the entire float to us.
Me and my group will accumulate the float while keeping any one of our peeps from owning more than 10%. Also it will be done slowly so as not to have the share price increase on level two buys. The MM's will continue to drop the price even on small buys allowing the plan to cost about $38,000 at current price for the remaining 75% of the float we don't own. Once we obtain the certs for all 108,553,765 shares in the float, cert holders will be the only true owners. After that, phase two will be put into place. GLTA
SGMD dont care they raised their $20mil.
what you are smelling is sewage!