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If they own 10% then I would expect them to get 10% of I-TEXTS' revenues each qtr....
Yeah... I guess one would have to read the next few lines to actually understand those numbers.....lol...
Terrible numbers today
Revenues decreased from last quarter by $169K from $294K to $126K
It says in their earlier reports, that WNTR share book value is .03 cents. Now they state it was .01, and now doubled to.02. So full of lies frank can't keep them straight.
If I recall the Q3 stated that the AR for I-TEXTS was at $148.5k...so an increase of $8.5k from Q2.
lol...keep rereading it... you'll get it eventually....the $1.7mil AR was transferred, the $500k AR was not....actually it's pretty straight forward.
Q3 I-TEXT generated something like $8.5k in revenue
Please read financials....$500K AR was not transferred to GCHI.
I think what a lot of the traders here are forgetting is that the CSE / CSX is a much different market (place) than the pink-sheets.
I, for one, am extremely happy with how this is playing out and do not expect to see GCHI in the pennies in March. I do think this may have been the case if the spinoff shares were not restricted and WNTR traders bailed on day one.
I believe that within the next few months we will see some very positive revenues with GCHI, and will give ample time to see profits from the solar farm (Pamlico).
I also believe that we may see cash dividends beginning next year with GCHI as a result of these revenues, and the stock may turn out to be an investment for some whales (mutual funds, etc...)
Just my humble opinion
Okay Supervisor I understand as I didn't know receivables were an accumulation, thanks for the lesson learnt.
But let me say then, if the gain for receivables was 100k then isn't that a 250% increase?
Then Q3 would be ~$390k for I-TEXTS alone, right?.... with assuming the same growth from Q1 to Q2.
But if I-TEXTS is a 'ball buster' like people seem to think it should be much larger right?
...and then what about all income from the other entities?
Still I would think the numbers in the next Q3 would be larger than $400k-$450k..... But hey, I'm freaking stupid so what do I know.
So let me try again.
I-TEXTS revenue Q1 = $40k
I-TEXTS revenue Q2 = $140k
That's 350% increase for I-TEXTS alone Qtr-to-Qtr
...so wouldn't we expect the same from Q2 to Q3?
.....if so then I-TEXTS alone for Q3 would be $490k.
What's wrong with that math and logic?
Just called my broker, RBC Dominion Securities (Canada), and spoke with a licensed trader regarding the GCHI spinoff.
The only information she had was that those shares are in fact restricted until March 25, 2015, and that I do not need a form to trade them after that date, they will automatically come off restriction.
... cue foghorn... going to be exciting to watch...
I wonder if the SEC used the grainy BGL home-video as evidence? lol
Over 2 billion on bid @ .0001, 5 million on ask @ .0002
Some weird sh** going on. Those last 3 trades were mine but it was input as one order...and.... even though the first bit went through @ .0001 (20k)... it shows in my account as a part fill @ .0002 .....fishy business....
.... now they credit my account for a dollar.... strange...
I fully agree.
Personally I believe a R/S could be a good thing as long as FK does something I haven't seen much of and that is reducing the A/S by the same percent at the same time so there is no possibility of extensive dilution afterwards.
Lol..I hardly think that grainy homemade video with no verifiable date or time can be construed as evidence..... ahahaha......
LOL! ....
Face the FACTS
which likely brought the 0/S up close to 2 billion
Looks good...pincher....
http://stockcharts.com/h-sc/ui
pmcm=MUSIC, NOT MARIJUANA.SELL pmcm fast before other sell theirs.
1)The deal is NOT final. pmcm didn't make payments to Suzie Q
2)pmcm has NO money to make payments.
3)pmcm Q 2 loss was HUGE and pmcm has to sell shares (the only thing that pmcm can do).
4)pmcm main business IS MUSIC (NOT marijuana business)
5)R/S is coming because O/S is MAXED.
6)1:100 R/S is coming on next Tuesday (this is why pmcm = 0.0001
Traders sold pmcm to get out).
pmcm is DEAD.
Why did pmcm = 0.0001 last Thursday ? Because traders sold pmcm.
Why did traders sold pmcm last Thursday ? BECAUSE TRADERS KNOW
THAT 1:100 R/S IS COMING NEXT WEEK.
O/S is MAXED
Pincher! ... starting to turn...
http://stockcharts.com/h-sc/ui
That was me icb. I haven't called to verify anything with my broker/bank though.
Not a contest bud....my post is an opinion of possibilities....not a statement of fact.
No need for the attack dogs....Please re - read my post.....nowhere is it said that I have issue with one of it were to take place...what I did was explain that there may be other ways...which I'm sure anyone with foresight and good grammar and reading skills could understand.
Yup some of us have foresight to know that is not the only option...... current assets should be 50 to 55 million currently...Combine that with something else...A share buyback maybe..hence foresight shows there are other options for uplisting rather than this r/s some seem so fond of...
Absolutely. ...and consider his 5 mil series A and 12.5 mil series B for a total vote count of roughly 780 mil...to keep majority voting power the o/s can't get much higher than the current number.
Last financials had revenue....paid a dividend actually...and no dilution...and actually repurchased shares. ...not sure where you got all the blatantly incorrect information from....
Reading the board it seems that there is a lot of dismay and worry about the share price.
Fantastic article! Good information. Thanks for sharing.
ALL THE SHOUTING ABOUT I-TEXT DIVVY AND NO ONE WANT THEM.
DID FRANK DIE??
HIS COMPANY SURE IS ON LIFE SUPPORT AT THIS STAGE OF THE GAME.
LOL...being a shareholder myself I can say that I am happier about getting a second dividend rather than waiting...
1.5 bil on the bid.... 1.4 mil on the ask.
T+3 for settlement.....(Link)
http://www.sec.gov/investor/pubs/tplus3.htm
Anyone notice that the symbol for GCHI changed in our accounts to... 8T54294
Here's what it has under my 'activity' tab...
14 Oct 2014
W009034 - WORLDWIDE INTERNET INC CONTRA CUSIP TO GCHI GREEN CO HLDGS REST SEC ACT 1933; 1 FOR 1
XCH RG -xx,xxx.xx Not applicable USD 14 Oct 2014
14 Oct 2014
8T54294 - GCHI GREEN CO HOLDINGS INC (NB) REST 03/26/15 - 36162U101 SHRS RECEIVED IN EXCHANGE
XCH RG xx,xxx.xx Not applicable USD 14 Oct 2014
The solar project that the company is working on is expected to provide cash dividends in 2014.
Global Marketing Services and I-texts (Links)
Did some digging last night...have a look.
http://www.gmsservices.com/index.html
http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=591561
(shows merger/acquisition w/of I-texts)
http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=260940307
http://www.bloomberg.com/profiles/companies/0924834D:US-global-marketing-services-llc
http://www.zoominfo.com/s/#!search/profile/company?companyId=95881857&targetid=profile
https://www.corporations.state.pa.us/corp/soskb/SearchResults.asp
https://www.corporations.state.pa.us/corp/soskb/Corp.asp?1761407
https://www.corporations.state.pa.us/corp/soskb/Corp.asp?2421577
https://www.corporations.state.pa.us/corp/soskb/Corp.asp?1851364
Cheers,
Nathan
Oh I see. That 1.3 billion o/s includes a lot of treasury stock which do not get dividends (that number is issued shares. ..The actual amount of tradeable shares is somewhere around 700 million I believe..that's including any restricted)..see latest financials under Stockholders Equity section of the balance sheet.. And if you look into the preferred shares you will discover that they also do not receive dividends.
In summation....that math you fellows were doing is off...but in our favor :)
Hope that helps..
Cheers
Maybe I'm just sleepy...but where does the 40% come from?