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I don't totally disbelieve there will be a merger because I had already read the same data you provided. That's why I already own shares.
Next week I will have more cash in my account to buy more $CSUI as long as the situation increases the intensity of my existing comfort zone. Caution has always been one of the primary components of my investment strategies....and it has done well by me. GLTA
A $7.8 million market cap with zero earnings and no assets. Without the merger it is worthless. Pray for your merger.
Don't know about multiple dollars...but am transferring more cash into trading account in case I decide to buy more next week. Will have to wait and see.
Why ? They are both shells with nothing to offer.....don't be ridiculous.
It's gradually heading down toward the "Oversold" marker, however; it's continuing to show accumulation.
Should we not be free to discuss opposing opinions here? If I thought this investment was a certain loss I wouldn't continue to hold shares......but I do, and I will continue to hold until I have a reason to do otherwise. But no matter what I read about this stock, I have learned over "many" years of investing that OTC Penny stocks, each and every one, carry an inherent amount of risk....because sometimes strange unexpected situations can develop. GLTA
No, that's not all that matters....next.
Is John Carlin "still" the chief executive officer of Bitcoin Alley. Bio says he was from 2021 till 2022, but whether he still is is not indicated. Makes a huge difference.
The bulk of our earnings now comes from areas that are extremely competitive, thus to remain competitive our bottom line has to be sacrificed.....we have no choice. At this point the only potential shiny light that I see is our attempt at the EV market.........Pray for it's success.
It's all about lack of bottom line earnings.
Are we all done here ?
Thanks for that information....
Looking at the background of the companies officers, I can't count out a merger....but like you I just don't know.
I have no idea......
Not necessarily: Positive news could re-initiate the share price climb. But I think we absolutely need something positive.
You may be right.......it could be a Consolidation.
Beginning to show characteristics of a pump/dump. Certainly hope I'm wrong.
I thought the only issue was whether the judge followed the law in issuing his judgement?
Thanks guys..........you've brought up some good defensive comments that I certainly agree with.Those who came in extremely early and sold at the right time, locked in some nice profits. Those who are still holding could reap much larger profits, but are certainly in a high risk situation.......although they could "win the Penny Stock Lottery", they could also take a tremendous loss. Those who sold some to recoup their original investment are playing with house money........these are the guys who are doing it right.
Most of these GS stocks are strictly event driven, and may only survive if the anticipated event(s) occur . If the event(s) don't occur they will go to hell in a hand basket.
Although Penny Stocks provide enormous leverage, they "all" also carry a high wall of risk.
I also have some of these three stocks, but I trade in and out and thus far have been able to organically increase my positions. However, never do I consider these as long term positions.
Name just three (3) of the "many" GS merger deals that you claim have created many multi-millionaires.
The upcoming hearing (18 Aug 2022) is solely to provide an opportunity for the parties to jointly agree or disagree upon a settlement.
George says he will not offer any settlement that includes a gain for Calasse, in which case the previous hearing which approved cancellation of Calasse's shares will be reviewed by the Nevada Supreme Court to determine if the previous judge who approved the share cancellation followed all aspects of the law.
If the law was followed in granted dismissal of Calasse's shares, this is over, and stockholders can go their merry way, but if the law was not followed by the judge, the shares will be reinstated, and we have another massive mess.
You also have to manage your risk.........GS didn't do well in court defending his RET-. A lot of confident investors lost a bundle.
At this point I wouldn't even touch this at $1.50. Something seems too fishy...like the other two.
Remember, the only thing to be decided if the Supreme Court meets in November, is whether the previous judge followed the law in making his decision to eliminate shares.. If he did, its over, if he didn't it ain't over.
But as we approach Aug 11 it should pick up substantially.
Seems to be very little buying interest this AM.
George has said he doesn't care about the share price.
Previous precedents have nothing to do with the docket for Nov. This is all about did the presiding judge follow the law....
I held a lot of of RET- ,another George stock that went to court. He felt confident of a win, but lost. He got angry and pulled the plug, sending it to 000 and destroying a lot of shareholders. It's still 000 as we speak, and will not recover.
George says he will give Calasse nothing, so forget the August meeting, and look forward to November. Between now and November I'm confident the SP will continue falling......how low?, No one knows.
I'm out, at least for now.
There is no way, I would try to flip at this point !!!!
How about RETC ?
I'm buying..........
You're right, thanks for the correction........I thought this had already been resolved with some finality. I missed it.
I've been around for a long time and have held this security for a couple of years...through ups and downs, and have no intention of selling it now. Usually I just lurk in the background.
New docket means nothing to you, but weak investors tend to sell, while strong hands hold ....I suspect that's what's happening. If there is a PR, everything will obviously turn around.
I wonder if we see any type of positive PR this week after the unexpected release of the new docket?
Don't get upset today, tons of stock holders selling newfound shares for beer money and small profit.
Everyone put all your shares up to sell at $50.00.....this prevents shorters from borrowing your shares.
Looks like the shorts are returning.
I continue to cost average.
Of course this stock is down...look at the whole broad market.
When the market eventually turns our earnings should make us a leader on the way back up. "my opinion only, do your own DD"