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That is something we have both agreed on since my first post here.
Banzai, I understand you don't like the play I'm in, but do NOT tell me that I am lying about HHGI increasing Authorized shares in the near future to 5,000,000,000 so that they can dilute.
I respect your plays, and always have because you are truthful. Not anymore.
From the most recent 10Q: http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=35417
"Net Cash Provided by Financing Activities
The Company issued an additional 33,670,000 shares, which provided an additional $33,670 in cash to the Company during the second quarter. This issuance raised the issued and outstanding common shares to 875,407,343. Subsequent to the end of the quarter, the management and board of directors of the Company, have recommended to the shareholders and have requested a vote of the shareholders to approve an increase in the authorized capitalization of the company to 5,000,000,000 common shares as this six month increase has put the Company at the brink of its authorization.
The Company is party to several Convertible Promissory Notes, notably with its landlord for rent which require that the company set aside sufficient shares at all time to satisfy the conversion. Unless the authorization is increased , the Company may be in default of such Notes."
Don't call me a liar, Banzai. Good luck to everyone. Despite all of this, there could still be some money to be made here.
Where's GETAD to GETA switch? link: http://www.otcbb.com/asp/dailylist_detail.asp?d=08/27/2010&mkt_ctg=OTCBB
I like EVERYTHING about this company...EXCEPT the fact that they said they are urging shareholders to increase the authorized share count to 5,000,000,000 at the end of the quarter because they are going to be in default of their notes. And they have the majority shares, with the float being at 335M and the O/S at 850M+
Because of that, I am staying away from HHGI, but I wish you all the best of luck. I'd like to maybe see those notes paid off in some sort of other means besides dilution of the stock...then it would be a real easy play to .0025 IMO. But I don't think they are just going to produce this money out of thin air. They obviously don't think they are going to have the money because they are asking shareholders to increase the authorized share count from 1 Billion to 5 Billion.
since we have touched 5's? you have absolutely no clue if that is true.
you are implying that the printing press is still on, and you sir, have absolutely no clue if they are diluting right now or not. no one does.
What do you have against STOCKCHARTER? They don't have enough liquidity to add to their position right now. I don't understand your motives here.
Wow, .0002 close. Bad day here.
I never said they'd do a buyback. I suggested the possibility. I do not think they will buy back a single share. I also don't think they will R/S
yes that would be what dilution does, so what purpose would the raising money serve? for what would they use the money?
What purpose would their dilution serve?
as usual? hasn't been 8 deep in weeks
hey man, it's more green volume =)
haha for sure rated are. getting sick of typing in that D at the end though...
Hey, Ray lied last year! We were supposed to get GNTA back, which i must say is a much cooler ticker than GETA or GETAD
nice catch, i didnt see that...auto did move for a sec.
haha i feel like me calling them asking if they were gonna issue a follow up PR had something to do with this
bid stacking now, 7x5 w/big ARCA packet
O...I forgot in your world, stocks only trade for 6 minutes. not 6+ hours
ya it is going to be interesting how that one turns out. could be worth buying at .0002
BZCN soooon
GETA coming soon to a OTCBB near you 8/30/2010
Yes I figure I owed you a PM for your DD as well as we did meet back in Genta if you do remember.
I do hope that I get a call back from that guy.
oh dear dear drifter! 30 mil sold off at end of day! whatever will we do about the less than one half of a percent of the company being sold by someone, and bought by someone else?
just a few shares. if you noticed, LAFC is not a usual buyer, and they were on .0003 this morning until those 3's went off, now they have moved down to .0002.
well, LAFC is a seller at .0017, so its good to see them get their shares
Called the number prussian left for us and spoke to a very nice girl on the other end. She said that the store is officially open in their warehouse and it has been open since 8/17/10. I left my name and number and she is going to have someone get back to me. The message she left for the guy is that I am calling about a follow up PR now that the store has officially opened.
good stuff! apparently the guy in charge of all of this has been going around to many local swap meets and other liquidation type fairs and handing out many flyers and talking to people about it to let them know the store has opened.
ps. the girl on the other end sounded like such a sweetheart :)
anyone who invested 1-2 months ago is up 100% right now. Your average is high. we understand.
btw there wasn't any news so i don't know what you are saying about this stock should have moved when it was announced in a forum on ihub that the store is out LOL. come on now.
I'm glad you see now see clearly that Ken Ash is not against IDCN.
FYI I still own no shares here...don't have any money to put back in but my friends and family still own 13M. GLTA
absolutely, i praised him up and down for his trade yesterday. If i had more money, i certainly would've bought tons of 2s and sold probably half or more at .0004 and keep free shares. cdub doesn't like this longerterm tho, but, too each his own.
He only had 30M shares and sold some yesterday and the day before too
BZCN New store is opening this month, Bloomfield investment group is hearing rumors and going to check it out.
they have a store (Lucky 7's) open already in Chula Vista, CA, i call there every week. They are busy and have had steady business for a while now.
BZCN .0003/.0004 looking great for next week
BZCN 8x4 .0003/.0004 looking GREAT volume pouring in since 2pm
Great news!
it needs an .0005 close for the weekly chart. I think we may see .0004s all the way up til close. it'd be soooo sick if .0005s are up before power hour though
BZCN 7x4 .0003/.0004 lots of ask hits!
ya im kinda curious as to why one hasn't fallen since 2pm hits started
lol the second you said you were gonna test the waters...too funny...ask hits still comin!
steady ask hits coming in now
it was a nice week of consolidation IMO. old flippers have taken profit and sold shares to longs and new flippers looking for a move to .0008
nice lil tap for an .0004 open
GM Dennis. Looking forward to today's action :)