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Wow!!!!!
Nice find!
Some CTYX DD to share
It just happens the this once grey shell has now been taken over by SunMed, a pharmaceutical licencing company. https://sunmedadvisors.com/
Below, late Tuesday was the first clue - a change in officers:
At this point, it was time to review OTCM for the update:
Look who we found; Paul M Michaels, and Barry Ginsberg. Both happen to own SunMed:
[img]http://investorshub.advfn.com/uimage/uploads/2020/3/5/TPQGGVAUVTAMWVKZXBYKPUBRNG
RS.jpg[/img]
After finding where these gentlemen worked, it was time to contact the CEO Paul M Michaels:
Whom has an incredible resume:
And then answered a few questions and confirmed taking over CTYX:
Good luck all!
Looking forward to it!
SunMed does pharmaceutical licensing. This could be huge.
Nice day here! ICBU
The float will get locked. I’m adding on the dips.
100% agree about the Form 4’s.
Wow! Retirement of 500 million share.
Nice! Looks like I need a starter tomorrow.
Did you see their Government contracts? I think you did.
PENC subsidiary Applied Nanotech, Inc. has contracts with Dept of Defense, Dept of Energy, Dept of Agriculture, Dept of Health, etc.
http://www.appliednanotech.net/
Very nice day! The volume has been fantastic. PPS is pushing higher everyday.
Yes. Coronavirus aspect is only a small piece of what is going on.
Look at this board of directors! Wow!
Wow! Looking good!
Leandro Vera as the new CFO is huge. This guy is a big time executive. Nice find.
All I can say is the emails on Twitter are real. I’ve received similar emails from Mario, stating that updates are coming.
Wow. Thanks! PENC’s Coronavirus product sounds to fit NYC needs in this very way.
Nice find Dream! I didn’t know about this website. Applied Nanotech has all types of fascinating products.
I’m hearing big things here.
Looks like they do. https://twitter.com/holdingprofits/status/1233932858214895616
So PENC has a coronavirus killing product (patented) that is dispensed in many ways, including a spray.
I remember it was found PENC ordered 3 containers of spray devices in the last couple of months.
I wonder if they have a contact with the government to supply these to combat the Coronavirus??
Insiders verifiably are buying up the shares.
This is an awesome opportunity of getting in on the ground floor.
Awesome DD here, T4
PENC
Awesome news!! All of this in a tiny 1.7 million float. I am jacked!
Yes. Plus the Coronavirus patent is only the tip of what is happening here.
The management/directors of this company are mind bending. Something big is in the works.
Lol. The float is that small? Wow.
Wow! Coming Alive! First filing in 10 years says a lot.
Nice find! It kills coronavirus when applied to skin. It could be used as a body sanitizer.
I am not sure what that response has to do with anything. It surely wasn't to my question below:
Excuse me. Molser has been a owner of GLTC since at least 2017.
Can you explain to me why wealthy business man has owned, and now taken control of GLTC in the OTC?
His signature is all over the paperwork.
Excuse me. Molser has been a owner of GLTC since at least 2017.
Can you explain to me why wealthy business man has owned, and now taken control of GLTC in the OTC?
His signature is all over the paperwork.
I believe you are not informed.
Warren Molser just announced on 2/06/20 he took over as of January 31, 2020, Mr. Warren Mosler was appointed as Chairman of the Board, Chief Executive Officer, Chief Financial Officer, President, treasurer and secretary of the Company.
Notice the bit about "owns and operates Valance Co., Inc."
Link: https://www.sec.gov/Archives/edgar/data/1403676/000155335020000129/gltc_8k.htm
The entity Molser controls that is storing all of the share purchases is Valance Company Inc. His holding company.
Here is a link to all of his Form 4 purchases. As you can see, in the last 10 years the transactions have only been GLTC.
https://www.sec.gov/cgi-bin/own-disp?action=getowner&CIK=0001186722
Welcome buddy!
Wow, your DD is excellent! I’m surprised nobody has spotted this or made the connections until now.
The dollars are starting to come in quickly.
What a beast!!
Outstanding Shares have decreased by 11,563 since the last 10Q on 11/8/19.
Who does that? OS is decreasing? Wow
GLTC
https://www.otcmarkets.com/filing/html?id=13730165&guid=U3dCUFZ6c3FozEh
The “indirect ownership” shareholder percentage for Reger of 75% or more, indicates he is part of a GROUP that owns 75% or more.
“Direct ownership” percentage, would indicate how much he owned personally.
$GLTC - DD thoughts
On January 31, 2020, billionaire Warren Mosler became CEO, Chairman of the Board, and everything else for GLTC.
The previous CEO, Michael Reger, agreed to the assets of the company to be transferred to himself for $7 million in debt relief, and possibly outstanding shares.
But why? Mosler stated "Reger" will no longer be control person of GLTC, but be involved "Only as a shareholder".
Another connection between Molser (as control person) and Reger (as shareholder) must be what is happening.
Where is Michael Reger only a shareholder of a Molser company already?
In fact, the is exactly what was found: Michael Reger is a shareholder of III Capital Management which was founded by Warren Mosler and Clifford Viner, and manage over $5.8 billion in capital.
Things that make you go Hummmmmm
I agree. The DD here is strong.