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Shorting? Really?
Can someone tell us exactly hos they can short a trip zero?
Everything I've ever seen tells me it doesn't exist.
Totally open for rebuttal, but I don't thin that's how this works?
Not really, I'd love to hear others, but I've been locked in CTDT for six years. I had an old ghost at GGII come back to life this year but I'm focused on this alone.
Sometimes gold only strikes once!
Fair enough, thanks for sharing your thinking. I do think that is only if everything goes perfect and it is still ambitious. Share price shouldn't be effected by the difference between the float and shares outstanding, at least in the long term.
Until we have some revenue streams established and/or future deals, there is really no way to know so there's various ways to think about it.
How I think about it; an established company goes for 8-10x profits. So if we want to be a billion dollar company we need a 100mm profits. Even if I consider a buyout, that still means someone thinks they can generate profits off of that baseline, presumably more.
Yeah, they're also backing Element Six.
But as of right now, they are not making anything bigger than 1 carat, the idea being the center stones still will be natural.
By getting into the market they can price down smaller carats against upstarts, thereby squeezing them out of the business if they can.
It looks like the interests of everyone quoted in that realisadiamond.com article are directly tied to maintaining control of their cartel-like hold on the diamond industry by discrediting competition.
I've seen articles say lab created can't be discerned by even the most seasoned expert, nor most machines. It does sound like a few machines out there cant still tell but they're more expensive.
One of Alvin Snaper's diamond was sent to the GIA without disclaimer early on in his R&D process and was certified natural.
The market will determine if lab created is here to stay, and as others pointed out, it's not even the main catalyst for Centaurus.
It was 96 shareholders on record.
Venture_Cap, I'm wondering how you're valuing the company to get to those share price targets?
Looks like I picked the wrong day to go outside climbing in Vegas yesterday; didn't even know until Chas called!
I'm uncertain what to make of seeing our only former basher turn promoter here; but I guess we're learn more in the days to come.
Different institutions. The Chill is controlled by the DTC.
Dude, you ARE the Man! Do you have a Patreon account, you're so good!!!!
I'm guessing it is a matter of counting Chas', Leroy's, and Alvin's shares or not?
Right, I think I agree. So I'm treating it like a real company where financials and valuations matter. If it's just a shell at the end of the day I'll trade accordingly, but hope and think not.
But the thing I'm encouraging everyone to keep in mind is market capitalization. Just because other stocks went to a certain share value is irrelevant without market cap.
GGII has way too many shares outstanding, 3.5 billion? Apple by comparison only has 4.5 billion.
Ah yes, of course. Thanks for the info.
This is odd. Those filings are not labeled 10-K's. Nor are there the quarterly 10-Q's. Can someone tell why that is?
26 cents put the valuation of this at nearly a billion dollars, you think it's worth that yet?
Share price = Market Cap / Shares Outstanding
Reduce outstanding shares, and share price should inversely increase.
Of course that is how efficient markets ought to work. Considering no institutional investors are monitoring this stock, I can't predict how quickly retail will respond when this happens. But overall, it's a good thing.
This outlines the steps in the OTCQB Application.
Looks like step 1 is cleared, I imagine they are working on 2 and 3.
https://www.otcmarkets.com/files/OTCQB%20Application%20Guide%20for%20U.S.pdf
TTMAR,
First, spell check.
Second, the SEC has bigger concerns than a pink sheet.
C, if what pennydawg is sharing is from the company itself, it's not his responsibility whether it's inside material information or not.
It's not, by the way.
Roger, I've seen that but wondered if there was more. I also see the last 10-k was 2010. From a sample size of 1 I've seen that take much longer than even management expect. Hope it's not the case.
I'm just asking, where are you getting that it looks like that?
When was their last filing?
Hey all, long time, second time...
What info do you have to support a close update on filings? I've seen these things drag on for months.
Source?
There are steps the company must do, which Chas informed me he is doing.
Bizops,
When shareholders file class action law suits against their companies it is for compensation for actions that have hurt shareholder value by dubious means. In every case I know of this has been against $100mm+ companies with cash flows to cover liabilities.
We're in penny land right now. There is no cash flows or capital to pay out to shareholders, ITStech is right, anything, even if possible, would only tilt your own investment.
Shareholders can vote for action to be taken, but in this case, Alvin and two other holders easily own the majority, so that's not possible.
If you want to call the auditors, by all means, please do.
I understand your frustration completely. Same boat after all. But I don't believe that's the right fight to consider. I don't know all the precedents here and I'm glad you raised the idea, but I really don't think it's the right solution.
It was firm, of course we've heard it all before. But the auditors have received all the info and have not asked for anything else in over a week. They seem to be busy, but filings next week is what I'm sensing.
Lots of questions there; some of them just can't be answered at this time. It was a shorter meeting than I hoped, but things seem to be ready to start very soon.
I was told we can expect revenue by December. There is a plan for several consecutive revenue streams to come online in a planned order. A few deals are still being pursued that can be game changers. But I never get enough resolution to feel like I know what's going on completely.
My goal is to be in the office working day in day out ASAP, where we can fully lay out our progress and scope of operations, it sounds like December is the realistic goal for that.
I'm meeting Chas tomorrow, if anyone has any questions, let me know?
I also stopped by to see Alvin today, the amount of patents on his walls is always impressive. He shows up to his office everyday, I honestly don't know what he does, but he's there. Obviously when you're a WWII vet your goals are different from us younger folk, but I think he's determined to keep producing and inventing until the end.
It seems we're moving in the right direction, filings is an over-welcome burden that once shed, I hope will get this company going for real.
Yeah, there is no reason for anyone to visit Vegas yet.
When I spoke to Chas earlier this week I tried to get as clear an answer as I could whether I can plan on being employed and able to do the groundwork necessary by the end of November. It's hard to get a strait answer from him, but I'm optimistically planning on being onboard sometime this month.
Is anyone working with more information than the PR released August 9th?
I bought this over 4 years ago and am now just back into the scene.
I encourage everyone to call the number listed and leave a message asking for some sort of contact. I tried and had to leave a message. Just want to know there's a pulse.
Andrew Beyer
619-202-7456
investors@greenglobeint.com
Funny side story from CTDT;
Years ago one of my 2 or 3 big penny plays other than this was GGII, somehow they make money of giving their green energy certification to other companies, I don't know. They diluted and went to .0001 so that I had 4 million shares instead of the 4,000 I bought!
Well this month they sent a PR they are getting back on track and working on financials! It will be interesting to see how long that takes.
It bounced up to .0007 and I sold some but now it's back at .0004.
Has anyone talked to management?
I called the number listed on the PR for Andrew Beyer today. It went to an automated system, seemed like a third party PR service. I left a message so we'll see if anyone is manning the phones over there.
I'm sure he will. Seeing is believing in this arena though. Living on a prayer.
Abigail,
You can email me and we'll set something up. Please let me know what your plans are. Clcass@me.com
And remade, and remade, and remade, and typo, and remade, and remade, and typo, and no evidence...
One quadrillion tons of diamonds on earth!
http://news.mit.edu/2018/sound-waves-reveal-diamond-cache-deep-earths-interior-0716
Of course it's not accessible, but I think it helps with the case diamonds are a commodity, not some precious stone DeBeers controls.
No worries. The story has been that since the company has been so far behind in finances, and because of some missteps during Brian Lauzons time as CEO, the company had cause for concern that the SEC may be very vigilant in regards to our next filings. Therefore, AJ Robbins has gone over the companies filings with more than a fine toothed comb, securing paper trails on the most minor of issues.
The good news with that pain and detail is that we have little if nothing to worry about as far as being above board and in good standing with the SEC. Chas has been the one running around digging up paperwork from long ago to meet these demands. I've asked repeatedly throughout, "Will this process get us up to form so that future quarterly filings are routine and smooth?" and it seems the answer is yes.
Hey Crew,
I just had lunch with Chas, Alvin, and a couple other people. I won't make any promises on timing but things are still being executed and there are plans in place for AFTER we get our financials up to date.
Those plans will be shared as soon as is best for the company and it's shareholders.
As an aside, I recommend everyone who's been holding long and strong to start visualizing how you would react to a best case scenario: how much do you want to sell how soon and at what price? We'll all obviously need more information to make those decisions but if you're like me, and haven't thought about that in a while, it'd be a good idea.
There's no countdown, a business takes time.
I recommend you all don't read so much into one meeting. I've had meetings out the wazoo with Chas and nothing has come of it, but I'm still a believer something eventually will.
CTDT is still so illiquid no one could get out at a fair price on the markets anyways, we'll all in this boat together.
Well said Jaymeinnyc,
I look forward to hard news as well.
This was an interesting article about one of the potential topics we've been discussing, it's getting out to the public soon enough, if we can be on the edge of that wave that'd be well.
https://www.sciencenews.org/article/designer-diamonds-could-one-day-help-build-quantum-internet?tgt=nr