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HEY. I see ur not mentioning anything about mon. Do see monday as another sell off?
I see what ur saying and all, but i dont think thats a formula im going to stick with, this is the once in a life time opportunity here. U honestly believe its going to maybe hit .4 or 4 1/2 cents. If thats the case why not just sit in it and sell around there? Im not going to be hoping in and out and miss out on the big spike! I've done that several of times and ROYAL SCREWED MYSELF OVER.(Example, i was holding really well with Jamn, started to see a sell off during power hr, so i sold off, then next morning Jamn was up 37% and finsihed the day at 57%. Im going to be selling here and there making a little profit, but theres no way i can just hope in and out bc this thing is going to move like a rocket, and u already said that, i dont want to risk the fact of not being able to get back in. And why do u think its going to move next week? I was thinking around or on the 31st when the Bk news hit. And its already been said this might hit .10, .15, .20. Eventaully i'll take my orginal investing money out, but everything else man, thats going to stay. I got big dreams with this one, I know the spikes are coming, and some drops but i gotta go with GUT! AND MY GUT, NOT MIND, MY GUT SAYS STAY AND MAKE REAL MONEY.
Morning Ensign just got up and read all ur post! Im filling everything ur saying with CGSYQ! I know for a fact Najafi has something planned for this! No doubt, and I knoe for a fact, someone in here sold off fri. to try to scare ppl! Its obvious. Cant shake me out this one! Got any plans for PAY DAY?
Im not going to lie, i really dont see whats coming next week. But i am prepared for it though!
Nice, Nice, observation, now where do u honestly see this rocket going? What is ur Goal i should asking? Where's a point that u will comfortable and be like (hey all this time and effort paid off, let me cash out).....
Thats the spirit!!! I have absolute faith in this! My faith in not broken nor will be broken over what any1s say! I was lead to this stock for a reason! And the new guy David had post some really good things about CGSYQ. Im not trying to set my hopes tooo high and all, but i would love to get .5 or even .10 out of this. How about u, what r looking at trying to get?
It shore does fill good to have some frsh air come through here! Thank you very much for your hard effort off DD! Some ppl in here are just trying as hard as they can to stress ppl out! Thank u very much, and if u come across anything, please post it, we need it! Once again thanks!!!
True, Tue, Man thats all ur going for....... Copperland!? Mannnnnnnnnnn. I'll see you in Silver/Nickel Land! HAHAHAHAHAHAHA! Thats where we headed. Im money hungry too( im just messing up my words, i mean in the sense of like trying to over achieve and not set a GOAL and get like .50, .60 out of this an let things fly right pass me.) .10 cents im caked up! At .20 boy oh boy im making baking Cakes!!!
I just reviewed the NEWS! This is great news right, here and we've already some what known, but MAIN WORDS HERE ARE (WIND DOWN PROCESS)
It is being used in this situation as a GOOD THING! Not of something of the past like some ppl in here are interpreting it! Its stating that its winding to clear all debt and to get things moving! Look how it is used! Keep reading it over and over,thats the main thing here (Wind Down Process) Fellas we are in the clear, I cant see how ppl want to take that and use it against us and make CGSYQ look like (its saying " we are winding down to to close up everything) PEOPLE THESE DAYS! Once again look closely how they are stating (wind down). Its the beginning of something NEW! NEW BORN BABY HERE.
Completion of Acquisition or Disposition of Assets, Change in Dir
Item 2.01 Completion of Acquisition or Disposition of Assets.
As was previously announced, Capital Growth Systems, Inc. ("Company") and the following subsidiaries ("Subsidiaries" and together with the Company, the "Companies") filed for bankruptcy protection in 2010 in the United States Bankruptcy Court for the District of Delaware (the "Court"): Global Capacity Group, Inc., Global Capacity Holdco, LLC, Capital Growth Acquisition, Inc., 20/20 Technologies, Inc., 20/20 Technologies I, LLC, Centrepath, Inc., Global Capacity Direct, LLC, FNS 2007, Inc. and Nexvu Technologies, LLC. On January 26, 2011 the Court approved the sale of substantially all of the assets of the Companies to Pivotal Global Capacity, LLC and its subsidiary, GC Pivotal, LLC (collectively, the "Buyers").
On April 28, 2011 the Federal Communications Commission entered an order providing that its approval for the sale of the assets to Buyers, to be effective as of May 15, 2011.
On May 16, 2011 the Buyers and Companies announced to the Court that the sale of substantially all of the assets of the Companies was consummated in accordance with the form of notice and asset purchase agreement attached as Exhibits 99.1 and 99.2 to this Form 8-K. Pursuant to the asset purchase agreement the Buyers acquired substantially all of the assets of the Companies except those assets that were excluded and assumed certain specified liabilities of the Companies. The aggregate consideration for the purchase of the assets was $28,359,360.82, comprised of a credit bid of $9,000,000 against the secured debt held by the Buyers, credit bid of $10,699,360.82 to pay the debtor in possession ("DIP") facility secured by the Companies' assets and $8,660,000 additional cash payments to mission critical vendors, executory cure payments, priority tax payments, wind down budget (including certain insurance) payments and funding of certain administrative claims, advanced on the DIP facility.
As of May 16, 2011 the Companies and Buyers had received approval from state telecommunications regulatory authorities in most of the states in which any of the Companies were engaged in the provision of telecommunications services for the transfer of assets to the Buyers and the licensing of the Buyers. However, such approval had not yet been obtained in all such states (the states without full approval being the "Excluded States"). In order to address the need for regulatory approval in the Excluded States for the asset transfer (for which title remains with the Companies pending such approval) and regulatory approval for the Buyers' operation of the telecommunications assets, GC Pivotal, LLC entered into a Management Services Agreement ("MSA") dated as of May 13, 2011 with Global Capacity Group, Inc. and Global Capacity Direct, LLC ("Company Managers") whereby GC Pivotal, LLC agreed to provide certain non-telecommunications management services and the Company Managers provide the telecommunications services in the Excluded States. The MSA continues in effect until GC Pivotal, LLC obtains all necessary state public utility commission authorizations to provide telecommunications services in the Excluded States (with approved asset transfers to it), mutual agreement of the parties or by GC Pivotal, LLC's decision to terminate provision of those services upon two weeks' advance notice. Upon public utility commission approval with respect to the transfer of telecommunications assets for any of the Excluded States, the title to those assets will be transferred from the applicable Companies to Buyers.
The Companies are presently in its wind down mode, now that the substantial majority of their assets have been conveyed to the Buyers, and the remaining telecommunications-related
assets will be conveyed to the Buyers as remaining state public utility commission approvals are obtained for their conveyance.
Same here brother! We will come out good!!! We will keep on rolling SNAKE-EYES AND 7-11'S!!! LOL im all for it! This is going to to a life changer right here!!!We've got an Iran man behind this! Iran, and Asian ppl are the ones that got Money and Brains. Americans just have money! So by saying that, this man knows what he is doing, i mean we think were going to BANKING!!! THIS MAN IS GOING TOO REALLY BE BANKING! Once again he has his own flesh and blood tied into this! All we can do is sit back and get ready for this Joy-Ride. My feet are on the ground and Head is in the clouds!!! I can smell that rain...
Hey brother just got back in! Im so surprised too see all this action in here today! We are looking more than alive! But keep ur head up though! Things will turn around for! You know CGSYQ is going to fix all your worries! have no doubt in it!
Oh My!!! Just got home from running erons and i get back and see all this!!! This is more like it!!! Fantastic! I believe and fill that we our on the right path! Dont let any1 get too u or play u! Keep ur head up CGSYQ shareholders! This is a once in a life time opportunity! I know for a fact that im not the only one that sometimes see's a stock up 600% percent and hits a high at 2,000%! And im on the other end like why? How? What the heck happend!??? This is our chance! We are in a stock that is going to EXACTLY THAT! I DONT THINK IT! I FILL IT AND KNOW IT!!! GOOO CGSYQ! DONT LET THESE FEAR-MONGERS BREAK YOUR WILL AND PRIDE. People down talking CGSYQ are on the other end wanting u too sell, so they can pick up your shares, just use common sesne! Like my brother BoggiE said " THIS IS POKER TOURNAMENT" HOLD YOUR HANDS HIGH AND TIGHT!!!
How u doing brother!?. I hope this Pup Runs crawls to today!
I think every CGSYQ shareholder is tired and worn out! We have all read and done our own DD! As we all can see, this is a very complicated stock!!! This isnt your simple Algebra Class, More like Chemistry we are dealing with! No body knows 100% of what is going to happen, but we have an idea. If this was such a Bad Investment Structure, 1.We would have not had found overwhelmed resources, 2.Pivotal would not be involved here.3. Nafaji would not has even included himself in ANY,SHAPE OR FORM, 4.8-K would have not been coming out regularly( that's basically communicating with shareholders, through a Grey-Area)5.If it was such a waste (people that dont believe in CGSYQ would not keep on coming into this Chat-Room and posting comments, they are doing so bc they are interested just like us, they want to see whats going, if this flew by any body it would caught their attention! Humans like things that are complicated, dole/boring things dont caught our interest. Just bc we have a very complicated situation doesnt mean you should bash it nor put it down. When something is this complicated ( it only means it has value).Why? Bc a matter of energy was put into it! Its just until a matter of time. BK news is coming a 11 days! 11! May,31,2011. And not yet too say, the paper work process is done! So this thing can Blow anyday, you just have too stay on yours toes 24/7.
We've made it this far.
P.S. If anything I truly think this is the BIGGEST and longest TEST IN MY LIFE!!! Lets Pass it with flying colors.
Thats AWESOME!!! Thanks for that man, even if you see it, i think u saved ppl from jumping ship and calming them. I know we all can't control this thing, but we can try to keep her up if she falls!!! CGSYQ BABY!!! And that this just shows you how much faith we have in this!!! U can have all the knowledge in the world, but w/o faith ur lost!!! We have knowledge and FAITH, we on a Prosperity Wealthy Path with CGSYQ
Ya man,I'm filling that, no lie, I caught chills reading that!!! Man the people that make this work, and when we make it Big we all need to take a weekend off, No matter or race,nor age or gender!!! And party! That would be awesome! Have a A-TEAM CELEBRATION!!! I might get CGSYQ tattoed to my forehead, hahahahahaha (just-playing)
U just SLAPPED IT BROTHER???
Thats what we need! Some good old Spirt! Thats what i needed to here! Go CGSYQ!!! Its so hard to face the facts of losing, money, but once u get it its all worth it!!! I have 11,200 in this one. Im down to 3,500!!! If ive lost that much what more can i lose!!! I've made it this far, and i can keep on going. No reward is easy to get!!! I keep on telling myself that. Go CGSYQ!!!
Gator: I know, i know!!! Diamonds and Gems are always ugly as hell!!! Takes time for them to become eye-candy! Its mostly like the people that bought in today.I'm staying in ive been for a month!!! This is the end we are 11 days for a fact a bankruptcy. Im not going to lie my faith is being tested with CGSYQ, but my faith is still alive! Its always hard at the end!
ReRead Boogie21/Gator. I just read your message. Im going to get that other account soon lol. but ya man i hear u and thank u for looking out for me!!! If you dont mind tell me how you are going to go about this whole thing when it uncoils! Reply back to me Private though. And just by reading that, im a little more calmed bc i know great things are ahead! The horizon is there, its just getting to it!
Gator: boy oh boy i started busting out laughing with that one man, lol, but 4real are ur expectation still very high on this 1??? u still thinking .10, .15, .20, higher???
Hey brother u did bring that across very good with being so frustrated! And I got the same ?'s. I just dont want to get on any one's nerves u know? But good thing u asking! But keep in mind! No news is being put out there, too promote this thing, its like only we know and the NAJAFI'S STAFF. So we just sitting here.No news is being given to the public... If want to know any news you gotta do ur own DD. And half the ppl out here dont. And also u got these day-traders messing us up as well. The longest they stay in a stock for is 24 hrs, lol and if they dont see profit they bail! U know how they are. Also they just jump on waves and what ppl are talking about. And i know, a man can only be sooooooo patient until he snaps! Muuuuuusssssaaaaaaa.Mmmmmuussssaaaaaaaa. lol
U are in deed correct, but remember this kind of played backwards! We all thought 8-K would come at the end of the month right? And we thought they would of went to court by now, dates where mentioned 16th and 17th. So the Q is still on there. If it would have played out how everyone was thinking, i think this would b a little better off! (It would have went Q is off the ticker and 8-k out) people would have flooded this bc of, the Q itself. Sunshine they have until May 31st for their FINAL BK hearing if im not mistaking. But all paper work is signed already and what not! So with that said it can happen any given day!!! Im really nervous too man, i got like $300.00 to my name and bills are coming up i have $11,200 cash in CGSYQ. And with how things looks, i cant even think about taking money out!!! Im right there holding hands with you! I have absolute faith in this! Keep it alive brother. We are all players in this one, listening too other players (Star-Players that have been around, so they know whats going on). But a single player cant really CALL THE PLAY BOOK! ONLY THE COACH! AND THATS WHO WE ARE WAITING FOR NOW THE COACH.
P.S. i know i read that earlier, but did'nt think that applied to whats going on with this whole transferring of the assets! That's news for the business and customer's. Not the Shareholders. And i want some news regarding to us.LOL
Trust me man, i fill ur pain, i surely do!!! I know this is hard looking at when where down, and its lot, but try to look at the bigger picture!!! We know all the facts, that something is in the making!!!Something BIG!!! We know that for a fact, we just don't know exactly when the Due date is! Thats all. Think of a women being Pregnant and the doctor gives her a due date, but doesn't give birth that same exact date! It doesn't matter, to them bc they know for fact its coming! Get me drift. Keep ur head up.
P.S. Only the players and stocks change, Never the Stock Market!!! They know what they are doing! It's making ppl jump ship bro, its getting underneath shareholders/investors skin with this. And with what Liquid said "No Invitation" Brother. This is just going to happen when we least expect it! Im thinking one day we just log on our accounts and see pennies! I really think thats how this is going to happen. In a quick flash an no one could of seen it coming! Remember in life the "BEST THINGS HAPPEN WHEN U LEAST EXPECT IT" And why its getting too all of us is bc we live on this damn computer looking at every millisecond go by. Man its driving us all crazy long days just waiting and waiting. But keep them eyes wide open bc as soon as u SHUT THEM. ITS A DONE DEAL!!! Now let me get a AMEN!
CGSYQ Shareholders!!! I know we cant control whats going on here, but we do have a pretty good foot in this!!! A real good one!!! Liquid u said it b4 as well! Can we all work together!? Work as a team and we can achieve a lot! I know we all in it for the money, but lets all get REAL MONEY, NOT BS!!! We've all taken a major risk playing this one and looks like we can be BLESSED!!! Lets all set our Sell's High as hell! I mean to the sky literally. If we do that, this will truly fly take profit here and there, but dont jump ship is what im trying to say...
Thanks so much!!! I fill so good finding that!!! I truly do, the young underdog has finally stepped up huh? LOL now lets Rise and Shine!!!
Ensign do u think we should all do our part and call OTC in the morning and point this out too them! I don't see how this got right under their nose!!! We'll I kind of can see how, but still we need to inform them.
It stays with it, ,brother its worth it! Get some coffee and put some music and start going through all these post. Liquid, Ensign, Hedge and other ppl in here have brought this to light and interpreted everything. All ur questions will be answered. Trust me just go back about 4-5 days and read everything brother. If you want REAL MONEY U WILL DO IT!!!
LittleJohn:http://www.globalcapacity.com/news
Its on there new website!
Ensign do you think Pivotal will release a press??? I know the majority of emails we get are usually BS stocks, just getting pumped!!! But this is the real deal right here!!! Pivotal has plenty of funds to put out news!!! I mean this is how i fill.Real Talk!!! I fill its kind of better, the whole world doesnt get in on this bc, its basically going to add Salt to the Water, ppl will just hop in and out! And the stock will just go Hay-wire There will barely be true investors such as us!!! Do u get what am saying? Or am i looking at this the wrong way?
Ok Ensign with this being said" whats the deal with the other 41 states that have to transfer assets? I might be reading what u post a little too hard!!! But what is this mean.....?
Man Gator are krraazzzzziieeeeeee??? Never than man, never that, Im in it 2 when it all the way. Don't worry.
After reading this and with the New website (stating the sale has been completed of May 17th) News must becoming ASAP. I wouldn't be surprise if we see something tomorrow!
GLOBAL CAPACITY SALE TO PIVOTAL (MAY 17TH 2011)
- Global Capacity completes the sale of its business to a privately-held company with a strong balance sheet and no debt.
- With this transaction now complete, Global Capacity has strong financial backing for necessary investments, such as evolving its One Marketplace Access Exchange platform.
- Global Capacity has maintained its strong customer and supplier relationships throughout the process.
CHICAGO, IL, USA, May 17, 2011 / PRMarketwire/ --
Global Capacity, the world’s leading telecommunications information and logistics company, announces it has completed the sale of substantially all of its assets to GC Pivotal, LLC, an affiliate company of the leading investment firm Pivotal Group.
With this transaction now complete, the Company moves forward as a privately-held company with a strong balance sheet and no debt. GC Pivotal, LLC will go to market as Global Capacity, offering the same innovative solutions that customers have come to expect.
“Global Capacity now has the financial strength and strategic backing required to invest in and evolve our innovative One Marketplace Access Exchange platform,” states Patrick Shutt, CEO of Global Capacity. “We are pleased that Pivotal Group has recognized the unique value offering of this platform, and we look forward to continuing to provide the highest quality solutions and services to our customers and prospects. And notably, we are extremely grateful for the loyalty of our customers and suppliers as we completed this process.”
This acquisition transfers Global Capacity’s business into a privately-held company with no debt and positive monthly cash flow from operations. The Company has maintained strong customer and supplier relationships throughout its restructuring process, and with the completion of this transaction, Global Capacity has the financial support from Pivotal required to advance the Company’s organic growth objectives, while investing in further expansion of its One Marketplace Access Exchange.
“We are extremely pleased to complete our Global Capacity transaction,” continues Francis Najafi, CEO of Pivotal Group. “The One Marketplace Access Exchange is a unique platform in a very large, inefficient global fiber market. We believe that this innovative platform is on the verge of exponential growth,” he added.
The sale was approved by the count in the Global Capacity bankruptcy case, and the details on the asset transfer may be found there. The court will supervise the post-sale wind-down of the bankruptcy.
About Global Capacity
Global Capacity is a telecommunications information and logistics company that improves the efficiency and reduces the cost of access networks globally. Through its One Marketplace Access Exchange, the Company brings together customers and suppliers in an automated platform that provides ubiquitous access network solutions. Global Capacity delivers its innovative solutions to purpose-built integrators, PPT’s, telecommunication carriers, and enterprise customers globally. Global Capacity is headquartered in Chicago, IL, with additional offices in Waltham, MA, Glastonbury, CT, Manchester, U.K., and Lisbon, Portugal. For more information, please visit www.globalcapacity.com or contact the Company at 312-673-2400 .
About Pivotal Group
Pivotal Group is a leading investment company headquartered in Phoenix, Arizona, with primary concentration on private equity and real estate. Its focus is centered on the implementation of its business strategy in conjunction with a comprehensive understanding of capital market dynamics. For more information, visit www.pivotalgroup.com
Media Enquiries:
Jaymie Scotto & Associates
+1-866-695-3629 +1-866-695-3629
pr@jaymiescotto.com
Thank u for breaking it down to chemical! I really needed that, every time u put information up u make it really easy to under stand and i thank u for that, and boy oh boy, today was crazy how we finished up the day!!! We sure did make a come back.
I just read ur Message s17Gator, and what do u mean by that??? Can u be more specific?
I know thats what im saying, I DONT WANT TO MISS OUT ON THAT LOTTO TICKET!!! And i know for sure its out there!!! I'll take a little profit, but not much, bc this can set me and my family.
Ok ok got it! Roger that, and i'll admit Ensign helped me out with a FABULOUS strategy plan, but i dont want to hope out when i make a little bit of profit and miss out on my lotto ticket, you know??? This is kind of the hardest part, knowing how to play it when u making money
Thanks brother, thanks for your words, but on the OTC its delayed right by 15 mins? I wana to see the action going on... Not the body bags after lol.
Liquid what service due u use for Level 2? And lol with ur last post!!! Man u must a true down to earth type of person! ur really funny! Get the carpets shampooed.Wow!!! Lol, that brightened my day.
Im just speaking out loud... I know this process is all about patients and perseverance. But its getting to me a little bit. Ive been in this chatroom for about a month every single day putting at least 20 hrs a day in here, researching as well and sitting on my couch looking at live stream quotes (CGSYQ). I hope everything pays off! I got my fiance doing the best she can, with putting up with my Investing Habits. I cant take my eyes off the computer Mon-Fri 9:30 am- 4 pm. And Bills coming up on the 1st of the month! And every dollar I have to my name is in CGSYQ. I know something BIG is going to happen, I just not hope to long. But im 110% devoted to this!