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It has only been an MJ LOTTO for a few months. HAHA!! Before that it was a scam. Good luck on the new scam.
(Holding this MJ lotto for a couple years.)
You think this is the only company that has file BK. Companies do this all
the time to reorganize. Any way this a pink stock and you play it like a pink stock.
Are we there yet?
Yep, a real scam here Dan Hollis has been pulling this scam off for 12 years. This scam has made me $$$$$$$ since April. Lets keep this scam going for another 12 years..Weeeeeeeee!!!!
GO DGRI!!!
It seems there are a lot of scams going on every where you look there
is another stock turning to the MJ field. At least Hollis was smart enough to realized when the gold mining ran out he turn to MJ
Do feel the Buzz here at DGRI????
(he did it in the last hot sector, mining, and when that dried up he moved to the next hot sector, weed.)
Be patience twice in the last month in a half DGRI has had a run to .002 and higher. Don't expect a home run. The past 52 weeks DGRI has had a 1200% .
Snapshot:DGRI
DUTCH GOLD RESOURCES INC
0.0012Down -0.0001 (-7.69 %)as of 3:24:46pm ET 06/13/2014
Bid 0.00
Bid Size 0
Ask 0.00
Ask Size 0
Open 0.0011
Day High 0.0013
Day Low 0.001
Previous Close 0.0012
52-Week High 0.004
04/07/2014
52-Week Low 0.00
06/24/2013
Price Performance (Last 52 Weeks) 1,200.00%
Looks like TDEY will be back to the Trips real soon. Another MJ scam....
Jun 12, 2014 (ACCESSWIRE via COMTEX) -- ATLANTA, GA / ACCESSWIRE / June 12, 14 / Dutch Gold Resources, Inc. (DGRI.OTC) (the "Company") (dutchgoldinc.com) today announced its' subsidiary, Dutch Mining LLC has filed for liquidation in the United States Bankruptcy Court in the Northern District of Georgia. There should no impact on the operations of Dutch Gold Resources, Inc., except that its' balance sheet should be much improved at the conclusion of the liquidation of the defunct subsidiary, to the extent of the debt extinguishment that is being sought.
The likely outcome will be that the Company could reduce its corporate indebtedness by approximately $3,500,000, positively impacting both the balance sheet and profit & loss statement by Q3 2014.
In addition to the Dutch Mining LLC liquidation, the Company has seen some success in settling its remaining corporate debt. It has settled approximately $150,000 of indebtedness at an average of twenty cents on the dollar. The Company believes that there are additional opportunities to resolve the indebtedness that remains after the completion of the Chapter 7 proceeding of its subsidiary.
"These actions are intended to improve the Dutch Gold balance sheet, which may have the impact of lowering the Company's cost of capital in the future", said Daniel Hollis, CEO. "This is a positive development for the Company. We have identified financial re-engineering as a major goal for Q2 2014 and we are pleased to have initiated this action, executing on our plan to revitalize Dutch Gold Resources, Inc.", he added.
An 8K is being filed with the Securities and Exchange Commission regarding this action.
Forward-Looking Statements
This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by Dutch Gold Resources, Inc. are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors, which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the company's expectations include, but are not limited to, those factors that are disclosed under the heading "Risk Factors" and elsewhere in documents filed by the company from time to time with the United States Securities and Exchange Commission and other regulatory authorities.
Scam or no scam its making me $$$$$$$$$$. Ready for the wave..
It is a penny stock. That in it self tells you what you need to know.
Thanks but everyone already knows this. DGRI is going in another direction.
Dutch Gold Provides Update on Corporate Developments
ATLANTA, GA / ACCESSWIRE / May 22, 2014 / Dutch Gold Resources, Inc. (DGRI.OTC) (the "Company") (dutchgoldinc.com) today provided a summary of business activity covering the last six weeks.
Since its’ last press release the Company has been active in all three of its major business segments, Merchant Services, Financial Services and Merchant Banking. Based on current activities, DGRI expects to begin generating revenue early Q3 2014. The Company expects that it will generate revenue from each of its business segments during third quarter, with growth in each segment Q4 2014 and thereafter.
The Company has been aggressive in its’ efforts to strengthen its’ balance sheet and expects to have significantly mitigated existing liabilities by the end of Q3 2014.
DGRI has begun recruiting new directors to its Board and expects to have a Board of Directors that is meets the qualification standards for a National Market Listing by the end of Q3 2014.
Special counsel has been retained and is interacting with the Depository Trust Corporation. We have filed approximately one thousand pages of documentation as to the matter of the "Chill" and expect some movement on this matter over the next six weeks.
The Company has retained inside accounting services who are coordinating with the former auditors of the Company to bring the Company current in its reporting with the Securities and Exchange Commission. We expect to file an 8K appointing new auditors prior to month end, with the submission of our accounting and audit books to them prior to the end of Q2 2014.
DGRI has expanded its outreach to the MMJ sector in the Financial Services and Merchant Banking. These business segments are receiving multiple inquiries from companies looking for financing every week. We are currently evaluating a dozen such opportunities and believe that two transactions will be consummated between June and July of 2014, with generating both fee income and equity build up to DGRI. One of the transactions will provide the basis for a dividend announcement prior to the end of Q2.
Daniel Hollis, CEO of the Company noted, "We appreciate the trust that our shareholders have placed in DGRI. We are moving from concept stage to implementation and are enthusiastic about our near term prospects. To better inform our constituencies, we are retaining CannabisFN (www.CannabisFN.com) to build out a new website, to develop and manage our communications in the MMJ sector, and to advise us as to strategic development."
19,502,300 in volume with news out not good. GDSM just not ready to takeoff.
Well then DGRI is a pretty good scam Dan Hollis has been doing it since 2002. A 12 year SCAM NOT BAD! (Mr. Daniel W. Hollis, also known as Dan, has been the Chief Executive Officer of Dutch Gold Resources Inc. since February 2002. Mr. Hollis has been a consultant to numerous privately held companies through Bagswell Capital, LLC since 1997. He served as the Chief Financial Officer and Principal Accounting Officer of Dutch Gold Resources, Inc. until November 2010. He is an experienced entrepreneur and has been a RegisteredPrincipal of an NASD brokerage, and participated ...)
Im always a little skeptic when people start screaming scam.
Post a link to back up your claims here. Any one can scream SCAM but without proof it is just talk. Post the delinquent filings.
Why would DGRI renew there Business license if there going to neglect the filings.Don't worry about me getting caught up in DGRI and holding the bag.
This is Pennyland.
EB Where do you see that? Pure speculation. DGRI has been going strong between .0015-.0018 for the last week to 2 weeks. Looks like DGRI has
a good future.
06/13/2014
1. DGRI will conduct due diligence on each submitting company, making the final decision about which companies to feature on its inaugural launch on June 13, 2014.
New Webpage come www.mmjcrowdfund.com
06/20/2014
2. DGRI intends to launch the site on June 20, 2014 with offerings for five companies. Two companies have already been selected; one is the beverage sector and one that provides ancillary services to the retail sector. The newest company is involved in the CBD nutraceuticals space.
06/30/2014
3. Company current in its reporting with the Securities and Exchange Commission. Q2
4. One of the transactions will provide the basis for a dividend announcement prior to the end of Q2.
5. We have filed approximately one thousand pages of documentation as to the matter of the "Chill" and expect some movement on this matter over the next six weeks.
07/01/2014
6. DGRI expects to begin generating revenue early Q3 2014.
09/30/2014
7. DGRI has begun recruiting new directors to its Board and expects to have a Board of Directors that is meets the qualification standards for a National Market Listing by the end of Q3 2014.
8. DGRI plans to provide crowd funding opportunities to another ten companies during 2014, with a five-company second launch on September 18, 2014 and a third five-company launch mid December 2014.
Yes i agree .002 coming real soon. DGRI Price Performance (Last 52 Weeks) 1,600.00%
DGRI!!!!
I have to say DGRI is one of the BEST stocks i have been in. Im going to ride DGRI as long as i can.
DGRI ......
It has already been a 10 bagger for some who have been here since .0005 -0007
DGRI!!!
Then it's a money making scam. I like it!!!
(dgri still a scam, always a scam.)
DGRI was as low .0005-.0006 and hanging around .0007-.0008 a few weeks
back, I like how DGRI is slowly moving up.
DGRI!!!!
I guess i will be going thru the trash. Ones person garbage is another persons treasure. Keep throwing out the garbage.
(This is a garbage stock, everything they said they were going to do failed, just a share selling POS.)
I will agree with you on that.
$DGRI IS ONE OF MY FAVORITES
Now you got it. Buy on the dips. Dgri has been good at that for weeks.
Up 13.33% Not bad for the first day then. Up Up and away DGRI!!!!
Well yesterday GDSM was on the TICKER BUZZ CLOUD and on the breakout boards. Not to mention GDSM looks alot like another MJ Merchnts stock that was around .0005 -.0006 a month ago and that one is moving up, So far today GDSM up 20%. Thats a BUZZ RIGHT THERE..
GDSM IS ON TICKER BUZZ CLOUD.
Getting a good BUZZ about GDSM.....
Like i said last week this is looking like another MJ Merchant Service stock. GDSM could have a real potential to make a few bucks here. Still in the mid trips.
There is only 1 reason that GDSM would raise the A/S 3 BILLION SHARES. They need money.The question is how many shares have been dumped since the filing 2/11/2014.
http://search.sunbiz.org/Inquiry/CorporationSearch/ConvertTiffToPDF?storagePath=COR\2014\0224\56660722.Tif&documentNumber=P01000117523
3,030,000 volume so far. Guess you didn't get the other 2 milly filled.
GDSM reminds me of another MJ Merchant Service stock that was at
.0005/.0006 2 weeks ago. Now it is at .0021.. Hmmmmm .
0.0014 x 13,825,300
Dutch Gold Announces the Launch of Crowd Funding Site to Solicit Companies that Seek Funding
ATLANTA, GA / ACCESS WIRE / May 27, 2014 / Dutch Gold Resources, Inc. (DGRI.OTC) (the "Company") (dutchgoldinc.com) today announced that it will launch its crowd-funding portal for the MMJ sector. On June 20, 2014. The Company’s technology team has completed the functionality of the site, http://www.mmjcrowdfund.com/ and is now three soliciting companies that are seeking capital.
DGRI intends to launch the site on June 20, 2014 with offerings for five companies. Two companies have already been selected; one is the beverage sector and one that provides ancillary services to the retail sector. Companies that are interested in raising capital are encouraged to inquire at info@dutchgoldinc.com. Companies seeking capital must a have an up to date business plan, a clear path to profitability and earnings, and a management team that is capable of delivering rapid growth. DGRI will conduct due diligence on each submitting company, making the final decision about which companies to feature on its inaugural launch on June 13, 2014.
The Company has identified networks of accredited investors to whom the funding candidates will be exposed. DGRI will also these featured companies with lenders in the sector, and will facilitate subsequent rounds of financing for successful corporate candidates. Accredited investors who are interested in reviewing these candidates are also invited to inquire at info@dutchgoldinc.com.
DGRI plans to provide crowd funding opportunities to another ten companies during 2014, with a five-company second launch on September 18, 2014 and a third five-company launch mid December 2014.
Daniel Hollis, CEO commented, "We are very excited to provide a financing platform to this exciting new industry. The capital needs as this sector grows for $2B to $8B in sales over the next four years are very significant. Our intention is to make mmjcrwodfund.com the premier platform for high-quality companies in this sector, featuring the best of the best offerings. We believe that this will serve our shareholders, generating revenue from fees and potentially equity in some of the most exciting new growth companies in the MMJ sector. DGRI is pleased to move from the concept stage to actually producing revenue during Q2 2014."
Forward-Looking Statements
This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by Dutch Gold Resources, Inc. are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors, which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the company's expectations include, but are not limited to, those factors that are disclosed under the heading "Risk Factors" and elsewhere in documents filed by the company from time to time with the United States Securities and Exchange Commission and other regulatory authorities.
For further information, please see http://www.dutchgoldinc.com/ or please contact Daniel Hollis, CEO of Dutch Gold Resources, Inc. at 404-981-7424.
SOURCE: Dutch Gold Resources Inc.
Don't you mean that this is the last time you will see the PPS this low. Load em up!!
(THIS IS THE LAST TIME YOULL THIS HIGH OF A PPS.)
Just received an alert for this stock. Going to watch real close.
Another MJ stock. Hmmmmmm.
I prefer up. Thank you
Bet you have a big smile on your face ..
Like i said not to shabby.
.0002 or.002s?