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Yup but they can't hold it down forever ;)
GNCP
Oh it was a "prearranged" sale was it? In that case who would want to prearrange buying these worthless shares?
GNCP
Not dilution. Yeah the OS increased and the float is 5bil. Did they sell those in one massive lot like today? No the float has increased slowly over months. Todays action was anything but.
GNCP
I concur! It is highly unlikely to me that todays volume was holders selling. They don't do it like that. They just quietly sell a seemingly endless supply until they're done then move on. Today was either a cover or buyback.
GNCP
Accum is sky high and every time prior when CCI and ROC have been way negative there is a run or at least a damn good pop after.
GNCP
Claiming there is no "proof" is ridiculous, as they can rip off shareholders as much as they want and never have to provide any "proof" they are doing it.
I hear ya! Personally I'm gonna hold em and see what happens.
If this is the holders selling it's like they are doing what they can to keep conversion price low. Crazy.
GNCP
Well the walls back up this isn't going anywhere without news.
GNCP
That's a lot of typing right there. It's almost like you're trying to convince yourself!
GNCP
lucky duck ;)
No ones getting 3's.
GNCP
Don't know about the close but I do know I just got another million at 4 ;)
GNCP
lol. They're here for the duration, big bucks on the line for them. It's OK though, Their loss our gain!
GNCP
Yup, nice find Alan.
GNCP
Right on diamond!
Shows it's strength to absorb all these shares in basically a 4 month period. Everyone knows they will make some BIG announcements in the not so distant future and when they do it's off to the races!
GNCP
So it is still my thought that the float will soon be 9.999 billion soon to match the O/S.
You agree?
Not sold? You realize the float was AT LEAST 5.6 BILLON at the beginning of March and counting...that is 2.5 BILLION has been sold into the float since January 24...
The pps drop can be completely and ENTIRELY attributed to the dilution what has been massive in the last six months...even by penny standards.
It's the billions of shares that get created and dumped that make this a complete no-hoper.
We all want to see it go up and it will take time.
something is brewing.
It's gonna be OK little buddy ;)
GNCP
You forgot to mention .0003 support is holding up fine ;)
Tic toc.
GNCP
The shares have already been issued @.0004. They can sell them with a letter or hold on to them. The conversion period starting today and lasting until 4/18 is only to determine how much debt those 3+billion shares issued this time will eliminate.
GNCP
AS is 100bil no need to RS.
Maybe part of it. I think a bigger question is how are they paying to add 760 additional acres to their claims and how would they pay for Terravision on all properties? That's likely millions of dollars right there. I think there has to be other players involved here.
GNCP
They'll do it, better late than pregnant!
Good opportunity to load 6's today.
GNCP
Yup. Takes them a while sometimes but if they say they will, they will. What other stock trading in the trips can you say that about?
GNCP
10bil AS
6.2Bil OS of which the float is 3+bil
Good attitude bud, profit is profit and that's all that matters.
Am I not reading this right or did they get the wrong dates?
The referenced transfer agent is registered with the SEC. In order to confirm the number
of outstanding shares, I asked the Issuer to cause the transfer agent to send a current
stockholder's list and to confirm in writing the number of shares outstanding. On
September 30, 2012, and upon the date of filing of February 3, 2013 Madison Stock Transfer
confirmed that there were 6,249,132,134 shares outstanding on that date. To the best of
my knowledge, information, and belief, after an inquiry of the aforementioned, no
additional shares were issued during that quarter.
I have personally met with management and the directors for this Annual Report dated
February 3, 2013 in respect of the year ended September 30, 2012, being Ronald
Lowenthal and Nicholas "Ted" Blom; I have reviewed the information, as amended
published by the Issuer through the OTC Disclosure and News Services; and discussed the
Information with management and the director majority.
9's are coming!
They increased their properties in a huge way plus want to use radar on all of them so I'd say a JV is definitely a possibility.
GNCP