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In my opinion you would be completely justified. There really should be tougher laws against companies misleading people the way GDGI did. I am sorry for your loss hope somehow it all works out.
Hoping for any news is not a good stategy. Remember we got news on Oct. 5...bad news. We need GOOD news. More importantly action speaks loudest. GDGI MUST FILE THE 10K, no matter how ugly it is.
They must get current...if not the next news will be shut down of operations.
Pennywizard pumped and sold...that simple.
I'm beyond disappointed with "management" here. If you bought in and didn't sell before that wonderful update on Oct. 5 you got screwed.
Like many have stated there is NO EXCUSE for not filing the 10Q, that's just plain incompetence. Even their lawyer has advised them to at least file...maybe the product is good but management sucks.
It's a bottom play for flippers now, thanks GDGI.
Agreed. What was up with those huge ask blocks?? For those that are interested in Technical analysis there is an ascending triangle on the HOURLY chart projecting prices in to the $0.35-37 range.
You are missing the point. It's the TIMING of his honest "epiphany".... If he were honest, he tells us a month ago or more why they are not current, explains this payment situation, etc...not all that crap about growth, long term value, .... c'mon it's obvious.
Cool. Hope that works out and good luck. The PPS doesn't reflect your view sadly. Sad day for investors, possibly an opportunity for bottom players. An absolute shame.
We were bamboozled bro. If they didn't mislead us with the "significant growth" , "long term investor" , "new deals", "6 month" moratoium"... all the while not having a dime...if they didn't release those PR's, I would say maybe they are not savvy business guys who got taken advantage of. But that's flat out scamming..when guys that were heavily promoting this stock (Pennywizard, Double Day) got out, you know something's wrong... what a shame and a sham
Your grasping..THE CEO AND RAY TOLD FOLKS FINS WERE COMING, NEW DEALS ON TABLE, PROTECTION OF LONG TERM INVESTORS...ALL BULL.....Don't mislead people or turn a blind eye to REALITY.
you didn't see Friday's afterhours PR??
the vultures are swarming now...flippers will make their profits at the expense of investors. Thanks GDGI.
I try to be a realist and if in trying to assess what's is reality means having to acknowledge some ugly things, so be it. I wouldn't call that bashing...having said that let's look at what is truly on our plates.
I like everyone on this board put my hard earned money here to turn a profit. Based on many things. Based on a strong product. Based on powerful clients and potential opportunities. Based on PR's from the company stating "significant growth", 6 month share moratorium, protecting long term investors and discouraging short tactics, etc..
Was anyone expecting a PR after the previous ones to say they are on the verge of collapse?? A week ago Ray was saying they are filing and waiting on 2 new deals and now saying bankruptcy is possible? Hmmm...
The company, is going to be viewed by most investors as having betrayed or failed us (possibly both), and that is, to me, truth.
Part of being a publicly traded company is to protect your investors. Filing on time is not expensive nor difficult, for example. Failing to do so made many faithful investors flee and dropped PPS destroying the progress we were making. That was completely on GDGI.
Does anyone really think this new PR has anything positive in it?? You are grasping.To me they are playing the blame game. Sorry don't buy it. Regardless of the reasons GDGI failed us, the common investor.
If a stop sign on the OTC site made many loyal investors run (Double DAY, which was shocking but smart) what do you think a PR saying that they don't have the money to run a business is going to do?
It is likely going to make current investors run and potential new investors stay away. Maybe if the company doesn't implode, flippers will come in to make quick money on a bottom play after the blood bath.
Investor confidence? Destroyed.
You know it doesn't matter whether it's a scam or not, although something seems amiss to me...money will be lost and no one invested here to loose money, especially when it seemed like alot of potential...I wish you and everyone on the board the best and hope you recover your losses.
You can't help incompetence or scam artists. how can you help? Why do I think it's a scam? Simple...
They knew for some time they were in dire straights. If you have an iota of character you release TODAY'S PR A MONTH AGO if not months ago. They knew about this"unpaid" stuff, but instead they release a "moratorium" and lie to Pennywizard about why fins are late, talking about future prospects just to bait us along....shame on me for not seeing through this,shame on them for dragging this out and milking investors in the process..
not exactly how I wanted to start the weekend...lol
I have issue with (1) the whole 6 month freeze thing. They did that so they and insiders could escape in my opinion. If you know you are in financial straights no need to mislead shareholders and issue that PR:
CEO and President of the company, says, "Our overall plan is to support our long term shareholders. As we have reported earlier, the company is experiencing a period of significant growth and I believe that the board's action could help enhance share value.
If they didn't issue this PR new investors wouldn't have invested in a sure loss...Double Day was promoting this company like crazy when they said this stuff...then he ran for the hills when the STOP sign was issued and I should have seen that as the ultimate sign cause he defended this company intensely.
My heart goes out to all of us who put our hard earned money to work here. Sorry, I'm out hopefully with half my money. I know when I've been taken....lesson learned.
Thanks...
Right you are a real good judge of character....you got scammed genius.. your a clown.
I did my DD and technical analysis, although charts can't predict this bullshi*.smart guy... if you are threatening me bring it on tough guy....company duped us with that 6 month dilution freeze....could care less what the CEO drives....
what did he say?
F***n slimeballs.... total bull****
awesome.
Where did that 1,400,000 @0.0026 come from????
Hope those 0.0027s fell into strong hands and not the goofball on the ask @ 0.0033
Hope you are right. I do believe someone posted they are usually late filing...I guess for now take advantage of buying shares at a discount....GDGI!!!!
Agreed. No excuse for not filing in a timely manner....hope they redeem themselves with some fantastic deals and/or profits for the quarter they are late on....
C;mon break up your order on the ask @ 0.0031...jacka#*
I don't think anybody questioning what the company is doing/not doing, being late on fins etc. makes people sell or buy.
The people who sold are likely flippers themselves who were hoping to make a quick buck and now there seems to be a longer time frame for REAL profits and they don't want to wait
And those who are not flippers were turned off BY THE COMPANY's inaction...Double Day and Newb are not flippers and didn't sell/selling because of anything written on this board... In the end if the company is making money, stays current in filing and keeps correspondence with investors the PPS will go higher regardless of flippers. IT'S TIME FOR GDGI TO PRODUCE AND STEP UP.
I'll relax when someone knocks out that 500k on the ask @0.0028 and we start trading in the upper 3s again....
The resolution states: "The Board takes this action to address perceived undervalued share price and to limit short-term market tactics that do not serve the long-term objectives of the company and its shareholders. The Board's goal is to take all actions that it deems is necessary to grow a sustainable business and to protect share value whenever possible."
read that and tell me if the company is doing what they said.
Investors shouldn't have to urge the company to stay current. "they" the company are very aware of how this all works...even if Fins are not good you gotta release them when you say you are. They know being late and making us wait is gonna hurt SP.......not cool.
absolutely..You can't on one hand say you have long term investors in mind (hence the share freeze) and say you want to discourage flippers but then get a warning from the OTC markets because you are filing late..it's contradictory and senseless cause that hurts investor confidence which lowers PPS and hurts longs.
Agreed. It's tuf to see the momo we worked torward get wiped out by silliness though...
it's good that the float is locked down but the company still has to be diligent and competent to show growth and revenues...that's whats gonna increase the share price..they are sending mixed signals investors don't like.
that's what it's gonna take. They have to get current and file (that was foolish of them) and PR new deals etc...I don't know why they didn't file in a timely manner and then PR the new deals seperately...hopefully sooner than later.
yep, he was a mod too...at least he didn't bash after he sold, but not cool that he was preaching the 6 month stuff and then bailed...I'm sure he had a sizable position and was a big reason why PPS fell on Tues...
I personally welcome your opinion, you could be right, impossible to proof either way...I was venting today about how I notice that we can move tens of millions of shares in the 0.0034-0.0042 range and the PPS hasn't moved up much yet someone sells a few million, sometimes even a few hundred thousand and the PPS falls dramatically....
ya I caught that too...it least he was blatant about his intention....
Don't know what I think of Ray's response...sounds like he's irritated. I want to be clear that I own a sizable position here and I'm not trying to encourage selling nor encourage holding. That is for every individual investor to determine. Hopefully we all prosper in the not too distant future.
Having said that i am concerned. Regardless what deals they may have going why cpuldn't they release fins in a timely manner, therefore avoiding the STOP sign on the OTC site. Why not release fins and keep current and then release a PR about new deals??
Anyone care to address these concerns, greatly appreciated. GLTA
Very wise post... we did get that update from pennywizard...