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12,622 tickers
Interesting ticker here? Hummmm
Splinter; (You) Could you please read the following and explain how this person would buy 59,640 shares at a price of $1.17 when they could buy shares in the open market at .15, .17 and then .95 although I am sure there are shares for sale in between. They mention that he has bought shares like this in the past. Plus I don't see a filing for it.
Doesn't make sense - and since it doesn't make sense, something is missing.
In most cases the sale is an option or warrant to buy shares at that price so retail investors (The target of the pump) is made to believe that if someone is going to pay $1.17 you should buy some now for less so then when they rise to $1.17 you can sell.
Also do not look at the share count, look at the dollar amount. 59,640 shares at $1.17 is $69,000 but the small print says the investment of $69,000 has to be maintained by the bid price per share and at any time the price drops below $1.17 they are to receive more shares to match the $69,000 investment even before they pay the $69,000 on the option.
Since they all know (Sometimes the CEO is clueless) that the shares will drop in price on debt dilution or with a brokers help (And that ticker you are referring to has billions of shares and they are in debt $12,000,000) so that’s a good debt dilution indicator.
If the CEO is not in on it, the option holders agreement with the added shares clause will allow the schemer to tell brokers to kill the price to $.001 even temporarily. Once they do that, the option holder legally is now owed $69,000 worth of $.001 shares not at $.1.17 so instead of 59,000 shares for $69,000, they are now owed 69,000,000 shares. Soon after the shares will rise back up to $.01 maybe little more or less they dump them for $690,000 (netting $600,000).
Note: Data people look at when investing is if others or insiders are paying more as speculation that the confidence in insides shows it’s a good risk when it it’s not.
What I have seen first hand is that the CEO is often not aware of the small print that mentions the toxic issue. I have seen investors have options or warrants for $1.00 per share when the open market shares are $.20 or less. The fact they did not buy the open market shares is because they would have to pay money for them when a warrant or option cost them nothing until exercised.
I recall a term called submarine a stock. It’s when you are a CEO and agree to sell the 59,000 shares for $69,000 not knowing about the added shares if the price falls. The schemers will know the CEO owns 100,000,000 shares (51%) for example. They schemers work with brokers to drop the price to $.0001 and the investors use that fact they now are owed legally 690,000,000 shares, they file to vote out the CEO, take over the company and since the $69,000 is owed to the company and they take over its still their money and the CEO is out.
Once that is done the legit company is quickly merged into a new ticker and pump and dump. That is if the company they submarine was not a scam to begin with. If the company is a debt-selling scheme and you see large inside buyers at higher prices you can bet they did not pay that and likely never going to.
Although some could be higher price preferred stock but often its just smoke and mirrors to set up a debt dilution plan that looks legit before the fall.
The fact they claim to have paid $1.17 when they could have paid $.08 on the open market has no down price protection (added shares as the price falls) If they paid $.08 and the price falls, they lose. If they are owed shares at any price with more shares owed if the price falls, they are 100% protected and just keep getting more shares as they drop in price.
It’s really to get suckers to think things are happening or to scam a CEO out of control of the company by getting more shares as the price falls so they can change it to a debt dilution scheme.
Look at it this way, 99.999% of what people read or are told, is FALSE or LIES disguised as valid under the disclaimers. And 99.999% of the time the law and rules do not apply to OTC tickers. With all this allowed is why so many tickers come and go each year, tickers vanishing and new ones emerging and no one is making money on them buying hoping they go higher.
Sad and true. I met a 401K manager who had 250 people in his fund. He told them he was going to invest $1,000 of their money into a new stock. He told them he would watch it carefully and if he sees it head south he will get out fast. He told them that the $1,000 could turn onto $20,000 so they all agreed also knowing he would not let them risk the entire $1,000.
What he did was he bought $1,000 worth of a pump a dump scheme stock. He took $1000 from 250 accounts ($250,000) he emailed all the investors the buy order so each of the 250 investors though they each owned the shares. He then waited for the stock to drop in price (As most OTC tickers do) and he knew the schemer and the plan to kill the share price.
He then sold the shares for $800 and let everyone know that the stock dropped to almost $0 but he got them out losing only 20% not the entire $1,000. He took $250,000 spent only $1,000 then sold it back for $800 so he made $200 from 250 people. He put $50,000 in his pocket in just a few days and when everyone was told they got back $800 no one knew what he did except looking out for his managed fund investors interests.
No one was able to expose the scam because they did not know they were all scammed as a group. Even if two investors from the group met each other they would each confirm they each got back $800 not realizing the scam.
All scams even illegal go undetected simply because there are too many. And also when a scam is closed down even though it took place, there is no one to see it or question it. It's as if it did not exist.
It was a while ago when I spoke to him but can’t remember what he actually made but it was quite a bit.
Cool updates at the website!
And the follow up->
Besao (from another board) also to note; when you see this kind of data (below) on a new pump launch, most think this is a good thing.
They see that stock options are being sold or issued for $.20 per share to give the appearance that major investors are jumping in at $.20 showing that stock option investors believe it will rise much higher, and notice it says to CONSULTANTS!
(The "Company") announces the grant of incentive stock options to acquire a total of 4,800,000 common shares of the Company at an exercise price of $0.20 per share, with such options to have vesting terms over a period of three years. The options expire three years from the date to grant. These options were granted to directors, officers and consultants of the Company.
Here is what happens (but rarely) in the small print that investors never get to see. 4,800,000 shares at $.20 come to; $960,000 you think the company will be receiving correct?
WRONG!
What happens soon will be those getting the options will soon convert them to debt shares. But 4,800,000 are not a lot of shares on a pump and dump. What the small print says is; if at any time the shares fall below $.20 the company has to make up the shortfall with more shares. This is an indicator of an impending drop in price. The option holders know paying $.20 ($960,000) will be tossing money into the garbage so they get the options and fool other investors into thinking lots of cash is headed to the company. Why even post the options in the first place?
What happens is the option holders will help kill the share price as these schemes always end up on a downward spiral. The option holders owe the company $960,000 for 4,800,000 shares. But not so fast! What happens is they only pay the $960,000 over time in tranches. and over time the stock keeps falling, this means that as the shares drop in price, the option holders get more shares for their $960,000.
The CEO does not get the $960,000 nor does the company. Debt is paid and they payments got right back to the debt the option holders own so they get back the debt money paid. The CEO will get some salary or bonus but its usually a small fraction of the capital made on the debt tranches and as the share price drops so too does the CEO's percentage of funds.
If the price falls to $.01, $960,000 divided by $.01 comes to 96,000,000 shares (not 4,800,000) when it falls to $.001 they get 960,000,000 shares. You will never see an options holder pay the agreed $.20 because the options holders are in on the debt dilution. Also the options are can be used as collateral. That means an options or warrant holder can work with a broker (Remember the broker is in on it) to sell not 4,800,000 shares at $.20 but 48,000,000 at $.20 or even 100,000,000 at $.20 with the brokers knowing full well debt shares will soon follow.
48,000,000 x $.20 on the initial low float set up comes to $9,600,000 (NICE!) and a short squeeze is all but eliminated because the debt shares are a sure thing. And the oversold is only exposed when the company increases the authorized and adds them to the debt diluted float after they dump the oversold shorts for the higher amount.
ALSO TO NOTE
There are two ways these options work. One is because the CEO is not involved in the pump and dump and the options holders sneak in the wording for toxic funding to debt dilute with out the CEO’s approval, knowledge or understanding.
The other is because the CEO is in on the scheme knowing full well the options will never be acted on and is just to fool investors. The willing CEO will allow the debt to happen and issue shares on the debt conversion while the unknowing CEO is forced into legally issuing toxic shares on a death spiral.
One factor to prove the CEO is in on it; is the company structure. You can bet a Uranium or Lithium or gold mine in Greenland is not the dream of an innovator legit businessman who wants it to see his vision come to fruition meaning the CEO is in on the scheme. And even with $960,000 on hand, you need 10’s million$ in equipment and also be approved to even mine in protected land. Not to mention years and millions in surveying the land by professionals then the health hazard compliance and processing of dangerous uranium or lithium and even gold requires toxic chemicals.
I said it many times; selling shares has more value then finding gold in them their hills. And selling shares takes one person and no costs or compliance. It can be done from the deck of their yacht or their $250,000 Mercedes at a red light. Why spend millions to find gold that may not exist and even if you find the gold, the shares are STILL worth more then the gold.
That is why the scheme has to be exciting not boring like Amazon books back when the stock was $2.00 per share. That is also why bigger investors made billions off Amazon stocks while the retailers were to busy buying into gold mine, marijuana schemes and losing their money. Books boring, Gold exciting!
In some cases the options are to show investors others are getting in at $.20 so it seems like a good risk. And in most cases the options are never acted on so the money never gets invested and the option shares never issued. Same with letters of “intent”. That means it’s not a fact or even will happen and on that note some tickers will say they got a $10,000,000 order and the 3rd party will issue them a check that bounces but the ticker never tells investors the order was cancelled. Instant revenue of $10,000,000 to post as news just for the fact they deposited a bad check. A $10,000,000 purchase order is real but so is the order being cancelled. All legal.
SO
Stock options at a high price? (Are likely not going to be exercised)
Letter of intent? (Means it’s just intent and likely never going to happen)
Sales of $10,000,000? (Just a scheme associate writing a bad check)
Always a hot topic and exciting like gold and diamonds. (That are never mined)
The proof is the scheme will post no revenue and add debt to the financials. With all those intent, checks, options you think they would have at least $100 in the bank but the data usually shows ($xxxx) and in CASE some do not know, ( ) means negative.
AGAIN ALSO TO NOTE
When you see a share price rise UP even after you short them you see the trade data is for not many shares, 1000, 1500 even as low as 100. Even if it is not a pump and dump those low trades are not really impacting liquidity or even value to investors. Just because the shares rise 200% on 100 shares being traded does not mean all shares are worth 200% more, so again its false data. The low volume means they scheme will soon make the liquidity explode just not at $.20 more like $.001, $.0001 and even $.000001.
Since shorts can stay open for decades it become a waiting game for the inevitable.
Some replies to questions->
If the same block of 10,000 shares gets sold ten times over how is there not a failure to deliver on 9 of the 10 sales?
Fail to deliver does not mean they never will be. It just means they will be eventually. Shorting these pump and dumps and the data they provide to me (publicly) is 100% proof they wont be around longer then the open short position. GUARANTEED! And even if they do remain trading longer, based on the data they provide the share will always end up in trip zeros or even less.
How is a short position registered as a long position?
There is what is called a mandatory reporting threshold. If you remain under that threshold the short position never shows up. Since a short can remain open for years or even decades and you short the stock under the reporting threshold they can be seen as long positions.
How is the $2.50 rule being circumvented as it seems to be in actual practice for you? I have IBKR and they have margin requirements for shorting penny stocks that match the $2.50 rule precisely.
It depends on the stock, the broker and who is just more willing to participate. If the store says bananas are $2.50 a bunch and the guy in the back shipping area says HAY PSSSST check it out you want the same bunch for $.10 cents? You say OK and no one knows about it.
Remember BROKERS are all in one it so when they let you short for cheap they know they will never be getting the stock back or have to call it back because they know you will just buy back diluted debt shares cheaper and never have to buy shares back from the float.
It’s FREE money for brokers and market makers and that is why they have associates short the stocks. They know they will never be called back or have to be returned to the lender. Any money they take to let you short the stocks $2.50 or even $.02 its free money they get to keep by continuing to lend what does not exist that soon will exist by the dilution.
You are confusing a legit short with a pump and dump short. A legit short, the shares have to be returned from open market inventory eventually. A pump and dump short you just buy back the diluted debt shares for less than 10% of the posted bid price.
Have you yourself ever experienced a short squeeze on a penny stock?
Pump and dumps don’t short squeeze because that would mean there are not enough shares to cover when the price rises. FACT! Pump and dumps make money only selling shares thus preventing any short squeeze because their are always unlimited shares available to buy from debt holders cheap to protect against any short squeeze.
If SGMD only kept the 200,000,000 float back in 2019 and sold them all for $.18 they took in $36,000,000. Once done and with no operations or revenue, they would have no choice but to close up. Why close the ticker when they can just over sell another 300,000,000 and make another $54,000,000 and protect the associates brokers, market makers, pumpers with debt shares soon to follow? Brokers would never have over sold unless they know for a fact the dilution is going to happen.
And also keep in mind those who set up the pump and dump do it over and over and if they let the brokers over sell and not cover the shorts with diluted debt shares, the brokers would never help those who create these schemes. Brokers make BILLIONS and so to the schemes so why mess with that.
So you can see why a pump and dump will never become a short squeeze. Or just maybe!
One company is being set up for this. The brokers and market makers that bet heavily on dilution and debt based on the trust they had for the ones setting up the pump, did not realizing the company was not part of the scheme but were told they company was.
This was done so the crooked attorney could dump 400,000,000 more shares at $.10 knowing full well there would not be any debt diluted shares to make up the shortfall leaving the brokers to be caught in a short squeeze. The company was not part of the scheme and kept the true DTC registered float at around 100,000,000 shares while over 800,000,000 traded hands with 400,000,000 over sold when some who attempted to attack the ticker failed to create the debt dilution shares and never told the brokers.
This caused a large over sold with a very low float. That is the storm of a short squeeze headed down the pipe. The shares now are $.002 means 100,000,000 shares will cost us $200,000 to accumulate the entire float. If we acquire all the float shares cheap and request the certificate from the broker (Minus 1,000 shares), once that certificate is issued, they are taken out of the lending pool, this would expose the massive naked shorts still open (maybe 400,000,000).
Think about this; You own 100,000 shares in your TD account and you now see the float is only 1,000 shares, you and 1000’s of others see the same, HOW can you own 100,000 if the float is only 1,000? Now 1000 investors call the SEC to complain and the brokers panic.
WHY WOULD A BROKER PANIC?
First of all there are NO diluted debt shares to buy cheap to cover the over sold and second, with only a float of 1,000 shares, what if the company issues a $10 CASH dividend?
The company only would have to pay out $10,000 to the TRUE float of only 1,000 shares and any over sold (your 100,000) that same $10 dividend would have to be paid to you by your broker and to those 1000’s of investors who own combined maybe 400,000,000 shares still open.
ANOTHER PROBLEM FOR BROKERS
They can’t just close the short by buying up diluted shares because there are NONE to buy, they MUST buy back all the 400,000,000 oversold. If the company issues a $10 cash dividend on a stock that you paid $.002 for (100,000 shares) and you paid $200, the brokers (not the company) owe you $1,000,000 and they LEGALLY HAVE TO PAY, just like they paid out $12,000,000,000 ($12 billion in one month for the GameStop squeeze).
IT GETS EVEN WORSE FOR BROKERS
If the cash dividend is $10 costing the company only $10,000, Millions of investors would rush to buy up the 1,000 float driving the price to as much as $1,000 per share. If brokers have to buy back the 400,000,000 under SEC LAW, to buy back the float at $1,000 per share x 400,000,000, the brokers would have to pay out $400 billion and anyone who paid $.002 would likely be BEGGED by the brokers to sell them for $100 per share just to reduce the huge short losses.
Even if you sold your 100,000 you paid $200 for at $100 per share you make a nice COOL $10,000,000! Now since we will own the float of about 100,000,000 shares paying only $200,000 at even $100 per share on a forced squeeze we would net $10.8 billion! Even the worst case, the company does not do a cash dividend and there are only 1,000 in the float. The SEC would force the brokers to close the open shorts and since they can only buy back and not resell what does not exist, they would cause a run on the stock as many won’t sell.
Even if they are forced to buy back the shorts and drive the price up to $1, we will still make $108,000,000 not to shabby I might add.
Heck even if they are forced to buy back what they sold them for $.10 we still net $10,800,000.
These are not assumptions like pump and dump stocks. These figures are real, valid and FACT period. No intent or ifs or could. When we buy the rest of the float we will make an offer to buy the 1,000 shares for $10 per share causing the bid to rise to $9.50 and the SEC forcing brokers to buy back the 400,000,000 for $9.50 per share.
The brokers will likely call the company to see if they will sell the public entity so the brokers can close the ticker and cancel the short squeeze and have all shares cancelled but so far the company CEO said NO SALE even to a 7 figure offer. That is the CEO you want running the company you invested in.
That is why we worked with him and his company because all the data points so far from being a pump and dump set up and the fact the (arrested) attorney lying to the brokers was the perfect set up for short squeeze not a diluted debt dump.
So there is your short squeeze answer.
It seems to me that once a penny stock company resorts to toxic convertible debt financing there is very little chance that the company could ever succeed. Company officers do get money for salary and bonuses, but the shareholders are wiped out. The toxic debt people and the penny stock company officers seem to be colluding to screw over the shareholders along with all the shorts.
CORRECT!
A ticker I’m shorting now has a women listed as CEO, CFO, secretary making $57,000, however in the filings, 10 others behind the scenes are making between $1,500,000 and $78,000 on a company that has no revenue. And it seems they bought the company that writes the PR’s, which is a serious conflict of interest. BUT no one cares. No one Look’s at data so it’s just the norms here on the sub penny markets.
They drive the price up by 30% by buying only 100 shares and people see that as a way to make money, if you did buy 100 shares you won’t be able to sell them and be profitable. As I said they do this to make people think it’s a good investment when its just being set up for debt dilution. A $100 stock buy can make the company market cap rise by $10,000,000 while at the same time one sell order can kill the share price. Smoke and mirrors.
For you a stock screen to search for prospective shorts might be to look for obvious scam companies with known corrupt officers, high amounts of convertible debt and no revenues. You would short them probably after a massive reverse split optimally or perhaps after a pumped run up in price.
YES, but those running the scheme are never on the filings or even the board of directors. They find a patsy CEO to run the scheme for not much money. Usually a CEO from a failed ticker with no products or revenue so those CEO’s have to end up a pump just to make some exit strategy money knowing that was not their initial plan, they just had a failed ticker and they needed some money to survive.
Once in a great while there might be a real company with honest officers that has a revolutionary product that has explosive growth potential. Have you ever witnessed such a success story? Was Microsoft or Apple once a penny stock on the OTC way back when they were starting out?
FACEBOOK was a gray market company and look what they did. The company we are targeting for the squeeze would like to move from Grays to NYSE and the hell with the OTC, however a simple fee to the OTC and they could up list right back to OTC Current. But the OTC is not an exchange or regulatory agency. They are a publicly traded ad platform.
Remember, Apple, Microsoft, Google and many fortune 500 Companies started in a garage or basement. NIKE CEO sold shoes out of his car trunk before his company took off. Amazon only sold books initially.
Wrigley’s gum started off as a laundry soap product that no one liked so they created GUM and said FREE CANDY in every box of detergent. People liked the gum so much they wanted the gum not the soap and the company emerged what is now a billion dollar corporation all from switching from horrible soap to chewing gum.
The company we see the impeding short squeeze coming has a similar story. They own a mold technology no one else has and used that in the confection industry. Then to increase sales, they offered a free custom 1/10-ounce silver ingot with every $15.00 purchase and more people wanted the custom silver ingots causing the change from confections to what is now a global silver and gold casting operation.
Change in a good proven company can be a great thing.
The most you see change in a pump and dump scheme is the diluted shares and eventually the ticker.
DID YOU KNOW!
GNGR went public in 2008 and the ticker is still active and trading publicly. And they are still a fully operating company with global sales and expanding. A Google search and proven sales is publicly available for all to review.
Garage, Cellar or Rented location? Anything is better then most OTC's that operate out of a $20 a month UPS store PO box. I always wondered? HOW can they fit all that gold mine or Marijuana equipment in that tiny little box?
Also as per FINRA data, since GNGR going public in 2008, “25,170” OTC listed companies changed their tickers. That’s almost twice the listed tickers today on the OTC (12,622).
That means most folded or changed from the normal pump and dump debt diluted mess into a new scheme to continue to dilute and move to a new ticker and that trend continues today. Like Locusts, they come eat and leave and move to the next crop of food, (For those who still don’t get it, FOOD is in reference to investors)
That may explain why no one can answer our question posted many times to name one OTC ticker investors have in their account that is still active and in operations since 2008. The answer is ZERO and I don’t mean that as a ticker symbol.
GNGR made a significant change for the better and is now a global operation with proven sales and they are expanding.
They may need a bigger cellar.
The only change for most other tickers is what looks to be a change to their float increase to diluted debt shares and change their tickers. (Not for the better for those who still have no clue how this works). The fact is that investors will never stop feeding the locusts. This is why only a few hundred of the 12,622 listed OTC tickers sell over $300,000,000 per day in cheap debt diluted shares, EACH DAY!
That comes to about $1.2 billion per week or more from tickers that are under $.001. $60 billion annually invested in under $.001 tickers with diluted debt shares. That is why OTC investors need to reset their thinking and it is why GNGR will likely never get ahead because they are of no interest to those investors who would rather invest in a lotto hot topic debt diluted scheme dream that is run out of a PO BOX then a successfully global company that may be in a cellar.
At least there is more headroom :)
GNGR’s securities and company structure is also why GNGR together with our group will do what needs to be done for the benefit of the company, our position and anyone else who is still in this ticker. I am sure that many may only have GNGR left in their accounts after all the cancelled tickers they invested in over the years that do not exist any more. I am 100% sure of it.
Better to have then have not.
$GNGR
In the music industry there is.
Blues, Jazz, Rock, Country, Soul, dance, Hip Hop, Rap, Pop, Folk, Classical, Heavy Metal, Punk Rock, dance, Disco, New wave, Electronic, Reggae, Funk, Techno, Grunge Rock, Swing, Gospel, Instrumental, Orchestra, Psychedelic, Baroque, Bossa Nova, Bluegrass, Holiday, Latin, New Age, Opera, Contemporary and many many more.
Which one do you listen to?
In the OTC industry there is
12,622 tickers with only one choice, an honest CEO, or a crooked CEO.
Which one do you listen to?
Since music is around forever one has to ask them selves how many tickers have vanished over all these years? And which tickers are still active and functioning as a valid company since they entered the marketplace?
Then you will have your answer, which CEO is the crook, or not.
$GNGR
REED at $3.40 Watch and learn!
Besao also to note; when you see this kind of data (below) on a new pump launch, most think this is a good thing.
They see that stock options are being sold or issued for $.20 per share to give the appearance that major investors are jumping in at $.20 showing that stock option investors believe it will rise much higher, and notice it says to CONSULTANTS!
(The "Company") announces the grant of incentive stock options to acquire a total of 4,800,000 common shares of the Company at an exercise price of $0.20 per share, with such options to have vesting terms over a period of three years. The options expire three years from the date to grant. These options were granted to directors, officers and consultants of the Company.
Here is what happens (but rarely) in the small print that investors never get to see. 4,800,000 shares at $.20 come to; $960,000 you think the company will be receiving correct?
WRONG!
What happens soon will be those getting the options will soon convert them to debt shares. But 4,800,000 are not a lot of shares on a pump and dump. What the small print says is; if at any time the shares fall below $.20 the company has to make up the shortfall with more shares. This is an indicator of an impending drop in price. The option holders know paying $.20 ($960,000) will be tossing money into the garbage so they get the options and fool other investors into thinking lots of cash is headed to the company. Why even post the options in the first place?
What happens is the option holders will help kill the share price as these schemes always end up on a downward spiral. The option holders owe the company $960,000 for 4,800,000 shares. But not so fast! What happens is they only pay the $960,000 over time in tranches. and over time the stock keeps falling, this means that as the shares drop in price, the option holders get more shares for their $960,000.
The CEO does not get the $960,000 nor does the company. Debt is paid and they payments got right back to he debt the option holders own so they get back the debt money paid. The CEO will get some salary or bonus but its usually a small fraction of the capital made on the debt tranches and as the share price drops so too does the CEO's percentage of funds.
If the price falls to $.01, $960,000 divided by $.01 comes to 96,000,000 shares (not 4,800,000) when it falls to $.001 they get 960,000,000 shares. You will never see an options holder pay the agreed $.20 because the options holders are in on the debt dilution. Also the options are tradable and can be used as collateral. That means an options or warrant holder can work with a broker (Remember the broker is in on it) to sell not 4,800,000 shares at $.20 but 48,000,000 at $.20 with the options holder and brokers the debt shares will soon follow.
48,000,000 x $.20 on the initial low float set up comes to $9,600,000 (NICE!) and a short squeeze is all but eliminated because the debt shares are a sure thing. And the oversold is only exposed when the company increases the authorized and adds them to the debt diluted float.
ALSO TO NOTE
There are two ways these options work. One is because the CEO is not involved in the pump and dump and the options holders sneak in the wording for toxic funding to debt dilute with out the CEO’s approval, knowledge or understanding.
The other is because the CEO is in on the scheme knowing full well the options will never be acted on and is just to fool investors. The willing CEO will allow the debt to happen and issue shares on the debt conversion while the unknowing CEO is forced into legally issuing toxic shares on a death spiral.
One factor to prove the CEO is in on it; is the company structure. You can bet a Uranium or Lithium or gold mine in Greenland is not the dream of an innovator legit businessman who wants it to see his vision come to fruition meaning the CEO is in on the scheme. And even with $960,000 on hand, you need 10’s million$ in equipment and also be approved to even mine in protected land. Not to mention years and millions in surveying the land by professionals then the health hazard compliance and processing of dangerous uranium or lithium and even gold requires toxic chemicals.
I said it many times; selling shares has more value then finding gold in them their hills. And selling shares takes one person and no costs or compliance. It can be done from the deck of their yacht or their $250,000 Mercedes at a red light. Why spend millions to find gold that may not exist and even if you find the gold, the shares are STILL worth more then the gold.
That is why the scheme has to be exciting not boring like Amazon books back when the stock was $2.00 per share. That is also why bigger investors made billions off Amazon stocks while the retailers were to busy buying into gold mine, marijuana schemes and losing their money. Books boring, Gold exciting!
In some cases the options are to show investors others are getting in at $.20 so it seems like a good risk. And in most cases the options are never acted on so the money never gets invested and the option shares never issued. Same with letters of “intent”. That means it’s not a fact or even will happen and on that note some tickers will say they got a $10,000,000 order and the 3rd party will issue them a check that bounces but the ticker never tells investors the order was cancelled. Instant revenue of $10,000,000 to post as news just for the fact they deposited a bad check. A $10,000,000 purchase order is real but so is the order being cancelled. All legal.
SO
Stock options at a high price? (Are likely not going to be exercised)
Letter of intent? (Means it’s just intent and likely never going to happen)
Sales of $10,000,000? (Just a scheme associate writing a bad check)
Always a hot topic and exciting like gold and diamonds. (That are never mined)
The proof is the scheme will post no revenue and add debt to the financials. With all those intent, checks, options you think they would have at least $100 in the bank but the data usually shows ($xxxx) and in CASE some do not know, ( ) means negative.
AGAIN ALSO TO NOTE
When you see a share price rise UP even after you short them you see the trade data is for not many shares, 1000, 1500 even as low as 100. Even if it is not a pump and dump those low trades are not really impacting liquidity or even value to investors. Just because the shares rise 200% on 100 shares being traded does not mean all shares are worth 200% more, so again its false data. The low volume means they scheme will soon make the liquidity explode just not at $.20 more like $.001, $.0001 and even $.000001.
Since shorts can stay open for decades it become a waiting game for the inevitable.
Besao - I have some answers.
If the same block of 10,000 shares gets sold ten times over how is there not a failure to deliver on 9 of the 10 sales?
Fail to deliver does not mean they never will be. It just means they will be eventually. Shorting these pump and dumps and the data they provide to me (publicly) is 100% proof they wont be around longer then the open short position. GUARANTEED! And even if they do remain trading longer, based on the data they provide the share will always end up in trip zeros or even less.
How is a short position registered as a long position?
There is what is called a mandatory reporting threshold. If you remain under that threshold the short position never shows up. Since a short can remain open for years or even decades and you short the stock under the reporting threshold they can be seen as long positions.
How is the $2.50 rule being circumvented as it seems to be in actual practice for you? I have IBKR and they have margin requirements for shorting penny stocks that match the $2.50 rule precisely.
It depends on the stock, the broker and who is just more willing to participate. If the store says bananas are $2.50 a bunch and the guy in the back shipping area says HAY PSSSST check it out you want the same bunch for $.10 cents? You say OK and no one knows about it.
Remember BROKERS are all in one it so when they let you short for cheap they know they will never be getting the stock back or have to call it back because they know you will just buy back diluted debt shares cheaper and never have to buy shares back from the float.
It’s FREE money for brokers and market makers and that is why they have associates short the stocks. They know they will never be called back or have to be returned to the lender. Any money they take to let you short the stocks $2.50 or even $.02 its free money they get to keep by continuing to lend what does not exist that soon will exist by the dilution.
You are confusing a legit short with a pump and dump short. A legit short, the shares have to be returned from open market inventory eventually. A pump and dump short you just buy back the diluted debt shares for less than 10% of the posted bid price.
Have you yourself ever experienced a short squeeze on a penny stock?
Pump and dumps don’t short squeeze because that would mean there are not enough shares to cover when the price rises. FACT! Pump and dumps make money only selling shares thus preventing any short squeeze because their are always unlimited shares available to buy from debt holders cheap to protect against any short squeeze.
If SGMD only kept the 200,000,000 float back in 2019 and sold them all for $.18 they took in $36,000,000. Once done and with no operations or revenue, they would have no choice but to close up. Why close the ticker when they can just over sell another 300,000,000 and make another $54,000,000 and protect the associates brokers, market makers, pumpers with debt shares soon to follow? Brokers would never have over sold unless they know for a fact the dilution is going to happen.
And also keep in mind those who set up the pump and dump do it over and over and if they let the brokers over sell and not cover the shorts with diluted debt shares, the brokers would never help those who create these schemes. Brokers make BILLIONS and so to the schemes so why mess with that.
So you can see why a pump and dump will never become a short squeeze. Or just maybe!
One company is being set up for this. The brokers and market makers that bet heavily on dilution and debt based on the trust they had for the ones setting up the pump, did not realizing the company was not part of the scheme but were told they company was.
This was done so the crooked attorney could dump 400,000,000 more shares at $.10 knowing full well there would not be any debt diluted shares to make up the shortfall leaving the brokers to be caught in a short squeeze. The company was not part of the scheme and kept the true DTC registered float at around 100,000,000 shares while over 800,000,000 traded hands with 400,000,000 over sold when some who attempted to attack the ticker failed to create the debt dilution shares and never told the brokers.
This caused a large over sold with a very low float. That is the storm of a short squeeze headed down the pipe. The shares now are $.002 means 100,000,000 shares will cost us $200,000 to accumulate the entire float. If we acquire all the float shares cheap and request the certificate from the broker (Minus 1,000 shares), once that certificate is issued, they are taken out of the lending pool, this would expose the massive naked shorts still open (maybe 400,000,000).
Think about this; You own 100,000 shares in your TD account and you now see the float is only 1,000 shares, you and 1000’s of others see the same, HOW can you own 100,000 if the float is only 1,000? Now 1000 investors call the SEC to complain and the brokers panic.
WHY WOULD A BROKER PANIC?
First of all there are NO diluted debt shares to buy cheap to cover the over sold and second, with only a float of 1,000 shares, what if the company issues a $10 CASH dividend?
The company only would have to pay out $10,000 to the TRUE float of only 1,000 shares and any over sold (your 100,000) that same $10 dividend would have to be paid to you by your broker and to those 1000’s of investors who own combined maybe 400,000,000 shares still open.
ANOTHER PROBLEM FOR BROKERS
They can’t just close the short by buying up diluted shares because there are NONE to buy, they MUST buy back all the 400,000,000 oversold. If the company issues a $10 cash dividend on a stock that you paid $.002 for (100,000 shares) and you paid $200, the brokers (not the company) owe you $1,000,000 and they LEGALLY HAVE TO PAY, just like they paid out $12,000,000,000 ($12 billion in one month for the GameStop squeeze).
IT GETS EVEN WORSE FOR BROEKRS
If the cash dividend is $10 costing the company only $10,000, Millions of investors would rush to buy up the 1,000 float driving the price to as much as $1,000 per share. If brokers have to buy back the 400,000,000 under SEC LAW, to buy back the float at $1,000 per share x 400,000,000, the brokers would have to pay out $400 billion and anyone who paid $.002 would likely be BEGGED by the brokers to sell them for $100 per share just to reduce the huge short losses.
Even if you sold your 100,000 you paid $200 for at $100 per share you make a nice COOL $10,000,000! Now since we will own the float of about 100,000,000 shares paying only $200,000 at even $100 per share on a forced squeeze we would net $10.8 billion! Even the worst case, the company does not do a cash dividend and there are only 1,000 in the float. The SEC would force the brokers to close the open shorts and since they can only buy back and not resell what does not exist, they would cause a run on the stock as many won’t sell.
Even if they are forced to buy back the shorts and drive the price up to $1, we will still make $108,000,000 not to shabby I might add.
Heck even if they are forced to buy back what they sold them for $.10 we still net $10,800,000.
These are not assumptions like pump and dump stocks. These figures are real, valid and FACT period. No intent or ifs or could. When we buy the rest of the float we will make an offer to buy the 1,000 shares for $10 per share causing the bid to rise to $9.50 and the SEC forcing brokers to buy back the 400,000,000 for $9.50 per share.
The brokers will likely call the company to see if they will sell the public entity so the brokers can close the ticker and cancel the short squeeze and have all shares cancelled but so far the company CEO said NO SALE even to a 6 figure offer. That is the CEO you want running the company you invested in.
That is why we worked with him and his company because all the data points so far from being a pump and dump set up and the fact the (arrested) attorney lying to the brokers was the perfect set up for short squeeze not a diluted debt dump.
So there is your short squeeze answer.
It seems to me that once a penny stock company resorts to toxic convertible debt financing there is very little chance that the company could ever succeed. Company officers do get money for salary and bonuses, but the shareholders are wiped out. The toxic debt people and the penny stock company officers seem to be colluding to screw over the shareholders along with all the shorts.
CORRECT!
A ticker I’m shorting now has a women listed as CEO, CFO, secretary making $57,000, however in the filings, 10 others behind the scenes are making between $1,500,000 and $78,000 on a company that has no revenue. And it seems they bought the company that writes the PR’s, which is a serious conflict of interest. BUT no one cares. No one Look’s at data so it’s just the norms here on the sub penny markets.
They drive the price up by 30% by buying only 100 shares and people see that as a way to make money, if you did buy 100 shares you won’t be able to sell them and be profitable. As I said they do this to make people think it’s a good investment when its just being set up for debt dilution. A $100 stock buy can make the company market cap rise by $10,000,000 while at the same time one sell order can kill the share price. Smoke and mirrors.
For you a stock screen to search for prospective shorts might be to look for obvious scam companies with known corrupt officers, high amounts of convertible debt and no revenues. You would short them probably after a massive reverse split optimally or perhaps after a pumped run up in price.
YES, but those running the scheme are never on the filings or even the board of directors. They find a patsy CEO to run the scheme for not much money. Usually a CEO from a failed ticker with no products or revenue so those CEO’s have to end up a pump just to make some exit strategy money knowing that was not their initial plan, they just had a failed ticker and they needed some money to survive.
Once in a great while there might be a real company with honest officers that has a revolutionary product that has explosive growth potential. Have you ever witnessed such a success story? Was Microsoft or Apple once a penny stock on the OTC way back when they were starting out?
FACEBOOK was a gray market company and look what they did. The company we are targeting for the squeeze would like to move from Grays to NYSE and the hell with the OTC, however a simple fee to the OTC and they could up list right back to OTC Current. But the OTC is not an exchange or regulatory agency. They are a publicly traded ad platform.
Remember, Apple, Microsoft, Google and many fortune 500 Companies started in a garage or basement. NIKE CEO sold shoes out of his car trunk before his company took off. Amazon only sold books initially.
Wrigley’s gum started off as a laundry soap product that no one liked so they created GUM and said FREE CANDY in every box of detergent. People liked the gum so much they wanted the gum not the soap and the company emerged what is now a billion dollar corporation all from switching from horrible soap to chewing gum.
The company we see the impeding short squeeze coming has a similar story. They own a mold technology no one else has and used that in the confection industry. Then to increase sales, they offered a free custom 1/10-ounce silver ingot with every $15.00 purchase and more people wanted the custom silver ingots causing the change from confections to what is now a global silver and gold casting operation.
Change in a good proven company can be a great thing.
The most you see change in a pump and dump scheme is the diluted shares and eventually the ticker.
With all the AI talk, I am sure most tickers will morph into AI schemes. I bet SGMD turns into an AI ticker as well. It's where the pump money is going.
I am geting in this new (debt ridden) short play TREN @ $1.10
Perfect example. FUUFF is just staring the plan at $.24 with authorized as UNLIMITED ($6 mill in debt) which means NO LIMIT to debt shares. Also TMC at $.81 with no authorized data ($174 Mill in debt). Looks like a short play is on the table for us. gotta run get my sell orders in....... ILL BE BACK!
Shorting naked they SAY is illegal. However not sure if you are aware that when anyone opens a stock account when they sign the forms the small print says the broker can use your shares and lend them to others.
There is a check box that says NO you do not approve of that but most never see it or sign it. What that means is brokers can lend your shares you own in your account to a short sellers margin sale and the other brokers executed sell order can also lend out those shares to another short seller.
Shares in most peoples accounts are lent many times at the same time. Meaning if you had let say 10,000 shares of XYZ and your broker lent them out, the one borrowing them can also lend them out.
Now you think that would be illegal naked shorting. How can you own 10,000 and 10 brokers each lend them out creating 100,000 being sold? Nothing is illegal in this market as long as you close the open position and return the shares. Many brokers who lend multiple times know full well they MUST have the shares drop in price so they can buy them back cheaper or they would not lend borrow lend borrow the same 10,000 so they are short 90,000.
If you owned SGMD at $.40 10,000 shares you paid $4,000. The brokers know it’s a pump and dump. They lend the shares to a short seller for a fee. Because they can register a short as a long position the data never makes it to the short % data. Then the short seller that owns the shares they borrowed lends them to another short seller and this can go on many times.
Since they all know the stock will drop from $.40 to $.0001 (And they help make it happen) the initial shares sold on the pump before dilution means 10 brokers/short sellers are all selling the same 10,000 for $4,000 but x 10 $40,000. Remember they do this with 10s of millions of shares not just 10,000 (that was an example)
When the stock tanks to even a penny bid, the brokers and short sellers can purchase debt shares from the new diluted authorized much less then the actual bid price making it so no retailers can sell (maybe a few). Ill even make this less confusing.
Let say you own 10,000 shares you paid $.40 ($4,000) a broker lends them to a short seller disguised as a long position so no $2.50 fees apply just a lending fee %.
The borrower now sells the same 10,000 shares for $.40 short and also lends the same 10,000 shares to his brother and he sells them for $4,000. The two brothers now have $8,000 but they have to return the shares eventually (buy them back) or deliver shares to the ones they sold them to short.
NOTE: A short position can stay open for DECADES! And since they all know it’s a pump and dump and because those selling short your shares multiple times are also part of the scheme and WILL make the shares drop when the debt dilution starts.
They may hold the position open for years and buy them back at $.00001 or even wait till the ticker is canceled and not have to even buy them. The DEBT shares are really for protection so shorts can sell more then whats available in the float at a high priced so they make more money fast initially knowing the dilution debt shares will soon be available in case they are forced to close the open position.
If any of those OTC pump and dumps did in fact RISE UP, It would cause HUGE losses for the scheme. They would never take a risk selling $4,000 x 10 short to make $40,000 and if SGMD did go to NASDAQ as they once claimed and the stock went to $5 per share, the shorts would have to come up with 100,000 x $5 is $1,000,000 so you think they would ever take that risk? NO WAY. This is all planned well in advance.
That is why you see a pre-pumped scheme start with low float and high priced stock and the float data is held back 3 months so no one can see the real data. That is why the scheme must increase the authorized and also like SGMD merge with a 3rd party company with debt so the new high authorized can be sold very cheap to those who multi shorted the stock. Every pump and dump has debt. They are never profitable.
No debt, No pump. A pump and dump must have debt and a large authorized but they don’t do that until after the initial high priced low float hype that starts the process. Would you invest in any OTC that now has millions in debt, no operations and a 10,000,000,000 share float for $.40? No one would that is why there is not one pump and dump with that structure that even comes close to a penny
If you look at all the listed OTC tickers and search by share volume you will see 90% of ALL OTC stock trades on any given day are from just maybe 100 tickers out of 12,000 listed and each is well under a penny with millions and billions being traded.
You will never see one of those 100 high volume share movers with a $.40 share price. This is the proof that those brokers and shorters and lenders are all 100% sure they stock will tank and because they make it happen. (See image below).
And what is interesting is you don’t see any STOP signs. Thanks to 15c211 regulations all that did was legitimize schemes that now are Pink Current as if they are legitimate. And they all started out HIGH, debt diluted LOW! And eventually drop off the OTC.
15c211 legitimized fraud PERIOD!
So now you own 10,000 you paid $4,000 for. And 10 resold them short for $40,000 and 90,000 shares are now owed to those buyers. Why buy them back at the bid price when they can just buy them back from the debt shares for $.001? They each sold short 10,000 for $4,000 and they just buy 10,000 from the debt holders diluted hoard of shares for only $10 and profit $3.990. Again this is an example, NOW think about that being done with SGMDs initial 200,000,000 that were over sold to maybe 600,000,000 or even 2,000,000,000 at $.40 with no data showing the true trades.
That is why these schemes must add the debt and increase the authorized, so they can cover the massive over sold when only 200,000,000 existed. As long as they deliver the shares no crime is committed.
So how is naked shorting illegal or illegal? Simple!
If you return the shares to the oversold buyers your position is closed and you’re compliant. IF you cant get the shares then become illegal naked because you cant close the position.
It’s like putting a steak in your jacket at the grocery store while you in the store, they can say its theft but you did not leave the store yet. Then at the last minute you take it out and pay for it and they say OK your good! Thieves will take items off peoples lawns (statues, art, sculptures etc.) when confronted by owners or police they say they thought it was garbage and are sent on their way.
Who would ever short or borrow OTC stocks then lend them back out again knowing IF the OTC was in fact legit with a lithium mine shares did rise in price and cost them more then what they sold them for. NO ONE! EVER!
This is planned well before the ticker is even introduced to the OTC. This is like a fancy commercial for a new movie everyone wants to see and they buy tickets on the computer and end up at a parking lot with no theater on the day of the event.
The commercial sells the tickets and the end results there is no movie. Same with pump and dump stocks. A perfect example is the Michael Jackson death issue that still has some hit of a crime.
MJ was slated to do 10 events and the marketing agents and promoters sold I believe was $400,000,000 in pre paid tickets. MJ decided to cancel 5 shows for health reasons and the venues would have to refund $200,000,000 unless the artist dies. Ill leave it at that.
OTC stocks are the same, you paid to see something happen and after you invest, they kill the company and ticker and you get no refund. That is why these schemes have to close or reverse merge so they are no longer liable for the shares they owe if over sold with open positions naked.
When they close the ticker your shares are removed from your account.
It is so frustrating to see this and make money from it but it’s the way it is. We are not the enemy we just play the game legally on a small scale. NO ONE can get hold of lots of shares. They are reserved for the brokers and the scheme associates who do the multiple shorting. It is a band of brothers all involved and NO outsiders are welcome BUT the public can also benefit by what they do on a smaller scale. But since most OTC's are pump and dumps. A lot of a little ends up being a lot.
It’s as if everyone at a ball game was related and you also went. They drop $100,000,000 from a helicopter and everyone runs to grab the cash. You may only get some but a little is better then none.
Once in a while you see a hot stock tank that is legit and has operations but you have to wonder why. Like MMNFF they went from $8.00 to $.015+- and I jumped in with profits from a short sale. I figure they make money have operations and are not a pump and dump so the risk is minimal and so is the share price. That is the problem with SGMD; they are also in the MJ space because that is what sells shares not actually making the company work.
The reality is, most will never make any money on the OTC and if they do say they invested in a scheme and it EXPLODED they are lying or were the debt sellers from the scheme.
When shorts did this to GAMESTOP, the float was 1.5 times the true float and when the shares went UP not down, the shorts had to pay $12 billion in one month to close out all the positions.
That is the truth.
When is a drop in price by definition state it can never go back up? We shorted SIGNET at $120 and bought it back at $10 and now its back up to $77.
You can't compare Signet or even MedMen to scams that start out with nothing but intent, dump 200,000,000 at $.40 then dilute too 50,000,000,000 at $.000001. MMNFF has a float of only 411,000,000 while GNCP has over 57 billion in the float.
You can't compare a low float operational company like MMNFF that just needed a reset compared to a pumped intent idea with no revenue or sales that was diluted to over 57 billion. that's 138 times more shares then MMNFF.
Well have to just wait this one out as MedMed cuts some assets in NY and Florida, regroup and recover.
Brokers are all in on it heres how they do it->
If you called a broker and said you wanted to buy $10,000 in a company called Supreme Cobalt And Mining with mines in where else? Greenland with a ticker SCAM at $.10 per share (with a bid of $.09 per share) and you asked them is it a good stock, they would say HELL YES and tell you to buy it just to take your $6 commission and take your $10,000 and buy debt shares for $.01 and you would be stuck with shares you cant sell on the bid for $.09 ever. The brokers would get them for $.01 so why should they pay $.09?
The debt shares brokers buy for $.01 they sell to you for $.10 they make $.09 not just the $.01 spread like on the posted bid.
The broker sales person gets a NICE FAT bonus of $.02 per share ($2,000) the firm gets $.08 per share ($8,000) and you get 100,000 shares at $.10 you can never sell. They do this to HELP the debt dilution knowing they will never have to buy on the bid because no one will sell on the bid and each time the bid drops on the dilution the more they buy for less from the debt shares until a new ticker emerges.
Brokers don't care about you or your stock picks, they are NUMB to morals, they have none left.
I am sorry to break the news but suing an OTC with disclaimers will end up with the same results in court as if you spent $1000 on lotto tickets and did not win then sued to get back your money. OTC schemes are a lotto play and the risk and posted disclaimers are always there to read. OTC LOTTO no different.
If anyone asks for money for a class action? You can bet its just someone trying to scam you out of a plan that if you invest one more $100 bill you will get back all your investment.
That will NEVER happen.
Splinter, YES that last private email is 100% correct.
Splinter, I do not have access to private messages. If you email the company they will forward it to my Summerlin office. I am helping GNGR but not officially. We cannot buy the float as associates on paper.
;)
If there was never a lithium deal they had to have stated that a deal may not happen to be legally compliant. It says in their documents the following. That means they can say they MAY find gold, they will try and find lithium, they could possibly find platinum etc. IF, MAY and COULD does not mean they WILL!
Forward Looking Statements:
This press release may contain forward-looking statements. The words "believe," "expect," "should," "intend," "estimate," "projects," variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions.
The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company's filings, which are on file with the OTC Markets Group.
Contact Information:
GNCC CAPITAL, INC.
You can’t take legal action and win. When you invest and you agree to buy the stock with the disclaimer that the company may not achieve their goals and you could lose all your money and you still invest, they can’t be legally responsible.
They would have to say they WILL MAKE MILLIONS or THEY DID CREATE THE ENTITY. Its always we MAY we COULD we WILL LIKELY. When they use may, could, likely and they don’t, they are not liable.
Trying and failing is not a crime. It’s the same as buying a lotto ticket, they say YOU COULD win but probably wont. SO you cant sue them for not winning the lotto. Both are the same.
The SEC does not prosecute, they accumulate data and IF the company lied or broker the lay they pass it to the DOJ but most cases the disclaimer means the SEC cant tell the DOJ to arrest them or charge them when investors took the risk knowing it may likely fail.
Even if you decided to sue them the lawyer will see you agreed to the terms and have no case so they would require a retainer knowing you wont win and they wont want to work for free hoping for a victory.
Even if you did want to sue they would want $20,000 retainer and most did not invest that much. If you did invest more then $20,000 you should have done your DD but most OTC players do $100 maybe $500 so why pay $20,000 to get back $500 even IF you won the case which you would not.
This is the way the OTC works. If you see DEBT, HUGE authorized you can bet it’s a pump and dump.
Since GNGR is not a confection company any more you have to compare apples to apples like GNGR with BRGO (jewelry) of even signet that is down from -50% from $140, while BRGO went from $2.00 down to $.000001.
GNGR is a different play now. A short squeeze play and who ever owns shares when the pressure is on will do very well. That is why when we control the float (coming soon) and we force the brokers to close out the open naked with no shares to buy back YIKES!
Gonna be something no OTC or Gray has ever done. Low float, no debt no dilution. Blue chips wont be able to even compete with the % gains on a short squeeze. Besides many blue chips are falling like a ROCK!
you should use some of your big bucks to clean the mold off your office window and fix your window shades.
That seems a fair statement on most if not all OTC pump and dumps schemes. Since the CEO of most pumped tickers had to change to a pump in order to have an exit strategy for one of two reasons.
1) The CEO was part of the scheme before the debt dilution pump and dump and also walked away with a few million as the debt diluters made much more leaving the retailers with losses.
2) The CEO took their company public that did not achieve their goal or was able to get the plan in place that was the reason for going public in the first place.
Those CEOs who found going public were unable to get additional funding (No one funds OTC tickers), they are the ones that ended up with not much money and ended up working for minimum wage.
GNGR is one of those companies that did not go public to set up a scheme with others, If they had their would not be a company that was in production before going public and they would have had billions of shares added to the float on a pump and dump.
Some say GNGR was a pumped company but that is not so for the fact you can’t pump and dump a stock with out a large float or debt that allows a pump and dump to work.
GNGR has no debt and a very low float = Impossible to be a pump and dump.The falling share price is due to a low non liquid float and in a company that seems not exciting compared to a Lithium or gold mine and now many uranium mines are now entering the pumped market.
We want the shares cheap and with such a little float it will cost very little to acquire the entire float. Once obtained, the fun begins.
The debt conversions on this stock means that the brokers are buying the bid shares from the debt share owners who pay peanuts for the shares from the company and the brokers buy them for a fraction of the posted bid. That is why when you see huge trades the price wont budge after the dilution dump.
The brokers sell on the asked so cheap and make the bid so low no one can ever sell at a profit. Any rise in price and the brokers will get more debt shares from the company not the retail public and just keep the bid at $.000001
At this level they have to move huge volumes of shares to make even a few bucks. This indicates the end is near by way of reverse merger or just close up shop and kill the ticker.
Only brokers, market makers and the issuing ticker on the debt conversion make any money. The few who make millions do so at the 1000’s who buy into these schemes. In order to have the bid rise up so retailers can make a profit, the asked as to also rise and that wont ever happen at this 57 billion float.
Why would a broker buy shares on the bid at even $.0001 if they can get them directly from the debt sellers for $.0000001 and sell them for $.0002 and make more money then buying at the actual bid price? GREED!
And even if the stock went into profitability, the brokers would lower the bid volume after ONE transaction and then kill the price back down below profitability.
Few make millions of dollars from 1000's sucker investors.
That sad part is these retailers know it, they know it will happen, they live for the decline in price to buy more cheap and cost average. It’s a game that they never win but love to play.
OTC stocks are like a casino and retailers are the ones who gamble with no guarantees and the house never lets the players win. A gold mine in Africa? I bets its owned by a Nigerian prince.
57 billion float? this one is over.
rmc, I wont say it again. Your comments are not reaching the intended target (The Company). If you have any questions you need to email them. I am no longer working with GNGR and I don't even know what it is you are rambling about. No need to explain a 3rd time I put you on the blocked list. And I have other things to do than read the same posts like a broken record that are also 100% incorrect.
If the CEO is a crook and the company is a scam, SUE THEM! If you have any questions or concerns, email the company. Simple and easy! IHUB is not a place for solid valid information or answers and even when someone posts they are the CEO it’s probably not even them. I don’t know any CEO that even reads these public message boards. I just pop in sometimes and see what is a cookin.
Now I’m outta here. Taking the kids to get pizza.
I think a while ago the company posted that data on the website. Back when the news was posted, the dividend, which was (If I recall $20,000), divided into the issued shares came to about $.00001 per share, something like that.
I screen captured the post but it has been awhile and likely deleted it. We are not in this for the share price or dividends; we are accumulating the entire float for other reasons.
I jumped in Friday. i have a good feeling this will take business from Twitter, Instagram and many others. When google came out many said they will never be able to compete with Yahoo and look what happened!
I put some short sale profits into this ticker and I feel they will restructure and as Vegas expands, so too will the markets for smokers.
Some new approvals for smoking lounges have been approved but the high license fees are knocking out independent investors so the existing stores like MedMen will be opening up the lounges next to, near or add to their existing locations.
When people come to Vegas, they ask the uber or taxi drivers where can they get marijuana. The drivers are paid a tip by the dispensaries when they bring in a new out of town customer to their location.
You cant smoke on the street, in the cab or even at the hotel.
If MedMen moves fast on this lounge approval and raises the tip to the drivers, they would then knock out most strip mall and smaller locations that are not large enough for an internal lounge of the strip mall has no vacancies.
I give this a $.25 share rating soon and then ill close my position unless I see more applications for more lounges I may hold longer. This is a good price to take a position in.
Unlike most scam MJ stocks MEDMED is up, running, in business and making sales. They just need a reset that's all.
So when those 25B shares go back to $.25 the company will have a market cap if $6.25 billion. That will be twice what SIGNETS market cap is and they own Kay, Jared and Zales jewelry stores. NICE!
You forgot to say April Fools!
We questioned that as well about the cash dividend. What we were told and confirmed by FINRA and GNGR is that GNGR would have had to issue the dividend to existing certificate holders as well as those shares held in the DTC float.
Since the CEO and two others held most of the issued shares, most of the dividend would have been issued to them. Based on real data at least 919,000,000 are held by those three with the CEO owning over 700,000,000 alone.
Any cash dividend would have meant that over 90% of those funds would be directed back to the CEO and the associates. FINRA cancelled the approval for the dividend based on that fact it would not help anyone other then the CEO.
I do not recall the amount being issued? I think it was $20,000 or so? This sub penny market is not based on profits, dividends, validity or even compliance. The sub penny market is fueled by hype and sucker investors who buy into schemes only to find how bad the CEO really is after they lost the investment.
They never look into the CEO’s track record before the investment or even look at the stock data, financials, debt and authorized shares. What we do know from doing some marketing for GNGR is the CEO is clean, no issues, no past questionable OTC schemes and additionally they actually make and sell products globally and not sell shares only like most OTC’s do.
GNGR has no debt, they are profitable, the company has a very low float (were trying to buy up) and a solid company platform. Unfortunately those valid great aspects as a fact are useless against a pump and dump that promotes a lithium or gold mine or marijuana stock that is based on excitement and hype not reality.
I have said it again an again to others. A company that has no debt, sales and is profitable cannot have its shares compete with a pump and dump that says they are a lithium mine and may generate $500,000,000.00 in revenue and that Elon Musk may buy them out so get is before it explodes to the moon.
GNGR has proven them selves while others just prove they may or could find lithium or gold that they never do. Buying a valid company that is public with a very low float cheap will put the squeeze on brokers when things turn around. Owning 38% of the float of any valid proven public company at these low prices is unheard of.
The fact GNGR is not of interest to retailers who want too continue to lose money on hyped exciting stocks will one day say the same about GNGR like they did about Amazon when it was $2.00 per share. They always say they would have invested but only when they see it took off and was the one winner that may have slipped through there mounting check book losses.
We play the game to win and winning is what we do. We short stocks that are set up to drop in price. GNGR can’t be shorted, they have not enough shares to cause a diluted mess like set up schemes that put huge debt and huge authorized on the books of the ticker before the pump.
Whey these small players even bother with GNGR is a question I do not know the answer to. I do know that the drop in GNGR’s share price was not done by manipulation, fraud, a pump diluted debt scheme or any other questionable event other then people just think GNGR is boring and brokers cant rally the shares to liquidity because there are not enough to create that liquidity. This allows us to buy the float cheap.
A sub penny stock that people say needs liquidity also means its being diluted. You get your liquidity but you end up with shares at a loss as the liquidity is created by adding more and more debt shares to the float.
If GNGR was very liquid, they would have many more shares in the float and selling debt and diluting the company to $.000001 like the other ticker we tried to buy. This is not a play to buy shares and have the go up. It’s a play for professionals who know doing things other ways will cause the shares value to be increased by actions and compliance not news and hype or even profits and validity.
Time will tell and I hate to say it but this is not a stock for retailers, they just don’t have the money or insight to understand how this market works.
Amazing replies so let me correct you yet again. We are not the company so any issues you have with GNGR you have to contact them about any business matters. We did some marketing for GNGR and are now taking smaller positions in GNGR over a longer period. What is your position in this ticker? Most of the biggest complainers are usually the ones with the smallest positions. A proven fact I might add.
As for your post about the shares, the asked is $.0021 not $.0001 as you so claim. At $.0001 it would only take $10,800 to buy the entire float. So again you are wrong about that.
Even so, 1,125,000 shares are more then 1% of the float and is a significant volume purchase when added to an already accumulated 38% of the float. We do not want any retailers messing our accumulation up by competing for the same public shares and driving up the price as we accumulate the entire float little by little.
By the time GNGR goes off the grays and retailers are once again allowed to buy the shares along with current accredited buyers who are taking positions in the publicly traded company GNGR, their will not be any shares left available on the asked if we accumulate all 108 million shares cheap. We know what we are doing.
We tried with another jewelry company ticker but with 6+ billion in the float and 25 billion authorized that will soon be dumped in a debt conversion dilution scheme, we were unable to buy the float as more were kept being added to the float. GNGR does not add debt shares to the float and will not be able to because they have no debt to convert over to 3(s)10 diluted shares to dump.
Moving onto being public. Yes GNGR is public but here is a way for even you to understand how the markets work.
The groups of public companies are like a carnival with many rides/tickers. Think of tickers as publicly accessible carnival rides. There is the NASDAQ Ferris wheel and over there is the NYSE merry go round. And look a pump and dump spinning tea cup ride as well (only you buy the tickets but the ride is broken and you sit in the tea cup till your told to leave when the carnival has to leave town and you get no refunds on the tickets you purchased.
AND LOOK over there! GNGR a gray market ticker ride. You can ride it and it’s not broken BUT there is warning that if your not old enough or tall enough you cannot go on the ride like in the movie “BIG”. But it is still publicly accessible.
The ride is not broken and investors are on line and getting on. The problem is in this case you have to be accredited, same as having to be the correct age or height but it is in fact a publicly traded company with different rules to participate.
The answer to your issue is you have to be accredited like we and others are who are riding GNGR and are having a great time accumulating this winning valid non diluted low float publicly traded ticker.
If you own GNGR shares and I say IF! If GNGR up-lists and we own the entire float yet you still see shares in your account as many others will also see the same, you will have to question how is it you and others own shares also if WE own the entire float.
That will be answered soon I am sure and this is one exciting ride I might add.
That is 100% wrong! This is the issue with OTC investors, they think they know it all and do not. There is NO expert market, there is no OTC market, and OTC is not a regulatory or even a govt. agency. They are just a website that lets tickers advertise scams. EM OTC means nothing to REAL investors like my group who can buy shares on the OPEN market from the Grays. EM is an OTC title that means nothing and has no regulation powers.
We are buying up the stock. If you can't it just means you are not accredited and prevented from buying GNGR's PUBLICLY traded shares.
Get accredited then you can also. Most OTC players are small low-level investors who want 1,000,000 shares for $100 at $.0001 hoping they rise to $1. Grays are public shares for the BIG players. So GNGR is not for you then.
GNGR is still publicly traded. We picked up over 1,000,000 more shares the other day.
Your saying the app showed there were no winning tickets left and she still bought one?
Wish I held the short position longer. But its the same story with each ticker. Nothing will change until investors change their DD strategy but since that is likely never going to happen the schemes will keep coming and going.
YES, when they find the DD after they invest and the stock tanks they also know they lost and become the biggest bashers of the stock. I hate to say it but some buy the stocks, they tank, they bash the stock as if they want to prove they were right about it being bad. SO why buy it then bash it? just wait and when it tanks bash it with no losses?
LOL!