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Yep expecting something after market close tomorrow. Would love to see us go active this week and then just waiting on RM candidate info
GMNI custodianship hearing tomorrow. New custodian tweeted they will update shareholders after hearing on RM.
Low float. Shares locked up since large 200mil volume day months ago..this will fly.
Opportunity to grab under 60. Rookies selling or a bigger force tryna play shareholders and shake the weak.
Someone exiting is making a good opportunity to add..
Retweeted your post this morn. Would love to see 65 get the shit slapped outta them this AM lol
Custodian hearing set for 6/18 for appointment of $GMNI. We are very excited and anxious to begin cleanup. Management has used this down time to begin due diligence on several merger candidates. Please stay tuned for updates following court date. Thank you
— Universal Management Assoc. (@unimanageassoc) June 14, 2019
Clean up to go active and maybe cleanup in regards to the restricted shares?
Don’t have private messaging on here but the new custodian.
Custodian hearing set for 6/18 for appointment of $GMNI. We are very excited and anxious to begin cleanup. Management has used this down time to begin due diligence on several merger candidates. Please stay tuned for updates following court date. Thank you
Their tweet makes it sound like they will be giving formal update right after hearing. That would be perfect!
Morning everyone. Big week ahead of us. 70s?
Happy Father’s Day. Holding strong. This week will be insane. Have a feeling they will release info on RM shortly after granted custodianship
Yep. So used to trash on OTC that after every move the ticker gives up 80% of gains and then pops back up again like a see-saw..
This ticker is the real deal thus far and don’t see it stopping for quite some time. The shareholders are in complete control of the share price, and they aren’t selling (myself included).
Good luck to you!
Yep! Heard that. It’s a Good feeling
Before July 4th? I would say before end of next week if not earlier.
Social media is starting to pop off , more eyes every single day
Yep. Once big slap and it’s off to the races
Break 66 and we fly. Then break 76 and nothing but blue skies!
Thanks dude! Congrats I’ve also been in since those levels.
Let’s get it!
Yep. Expecting us to close in that range.
Hold on tight.
Twitter is lighting up now. Thousands of followers seeing these retweets..
Now I’m thinking we push through 70s like butter tomorrow...blue skies.
To add to this, they could already be ready to draft a LOI with whatever candidate they’ve decided on.
I think things happen quickly after hearing Tuesday.
I don’t take it that way. They are referring to the downtime from when they were assigned that date in my opinion.
They could easily have started their due diligence and completed it but left that out while they finalize things after custodianship is granted.
Custodian hearing set for 6/18 for appointment of $GMNI. We are very excited and anxious to begin cleanup. Management has used this down time to begin due diligence on several merger candidates. Please stay tuned for updates following court date. Thank you
— Universal Management Assoc. (@unimanageassoc) June 14, 2019
So the new custodian just tweeted. Oh man here we go!
You’re still golden man. I’m very grateful to have bought the bottom. Sat on shares multiple years but knew the set up was good enough to park funds in :)
Not letting shares go anywhere near these prices.
What a nice sight when I left my afternoon meeting today.
70s tomorrow no doubt. Only gunna build more and more as Tuesday comes and then anticipation for the next catalysts, which will be faster than some might expect.
Enjoy your night dude, rest up.. gunna be fun tomorrow :)
Here we go :)
Yep bid moved up, almost $10k on bid
58s slapped. 59s up
You mean see you on the run to 5 cents right? This isn’t just gunna double from here, this will be 10x easy with the float locked up.
Yep. They will be paying a lot for this shell. Which means they have money in the bank ;)
The 18th if I’m not mistaken.
No the other way around. The private company goes public.
Glad you asked. Here is a simplified breakdown of what is about to occur.
Custodianship will be granted to a firm that is working to sell the shell to a private company. This type of transaction is referred to as a reverse merger and is a way for private companies to go public without IPOing.
Once custodianship is granted, the nvsos will go active and we will find out more about the private company that will be taking this over.
You might be asking why this would raise the share price dramatically. That is because the share structure of this ticker is very small and thus keeps the market cap lower. At a penny the market cap is 7million. If the company merging into the ticker has any meat (legitimate business plan etc) their valuation is likely to be higher than the market cap will be at 3-5 cents.
Personally, I think dime is a real possibility and my friends and family have been using the term #dimeordie jokingly for a couple months. It was my birthday Monday and my brother signed my card with that haha.
Long story short, the TLDR version is the Company is about to be valued much higher than the current market cap and share price reflect.
Those will be looking amazing this time next week ;)
Yeah like you said, maybe higher. All dependent on what we learn in the coming days and weeks.
Feel bad for those who let go under 50...
Yep. Spot on. Smart money took advantage of dip. Hell, smart money probably caused the dip ;)
We are going to explode.
Yep! Great trading today, some people panicked and let go of shares for nothing.
This recovery is another great sign that this is only the beginning
Haha yep. We are better off with those shares in stronger hands.
When it went under 50 I was like bruhhh these sellers gunna regret that today. We’ll be back in 60s today
Yep whoever got shares in high 40s, low 50s is lucky as hell. Wish I had free funds this morning.
Tryna scare shares out. Hold on tight guys!