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So they're sending equipment to Suriname? What happened to the equipment that got sent to Peru? Did it get lost in transit? Hah.
There has been no details posted about said Suriname project. I couldn't even tell you where the site was located yet alone what's on it. I'm still waiting to see that equipment they purchased on site in Peru. How long has it been since it cleared customs? A month now? He should have used that trip to take some pics of that instead.
Why would you take a pic of equipment that has already been on site or rocks you can't even crush? Seems silly.
I'm not even sure why he took a pic infront of that used Daewoo. I thought there were only future plans of purchasing an excavator. Does GYST actually own the one he stood infront of?
2 ways of getting funds or 1? Hard call. They've already stated that they only care about expanding, and don't care about the daily pps. Why would they not?
Negative, and they never said they would discontinue using them.
Really? Lol
Pricing starts this week? I think this thread summarizes what we will see happening again.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68247638
Deja vu of Oct. My hunch is the Suriname and equipment news will be the pump. I hope I'm wrong. Lol.
It's giving a similar pattern as Oct. I feel a repeat coming.
You sir need to take another look at the charts. .01 has a long ways to go, but dreamers can be dreamers.
Really? Lol
How do you figure?
That would explain why none of their gold has sold on ebay as of yet.
Out of curiousity has anyone checked the filings to see if every past note has been fully converted? There are no deadlines on when they can convert, correct?
We still don't know if this is going to be a repeat on the following note. My hunch is yes.
Everyone assumes Asher is out of the picture and is being replaced with SC. They have not stated that by the way. My hunch once again is they increased the a/s to increase the o/s due to limitations to increase the amount of notes for huge amounts of "funding" from both financing companies. I'm expecting huge amounts of dilution in the future. Time will tell I guess.
I thought these were the next 2?
(a) On August 1 2012, the Company issued 3,235,294 shares of Class A Common stock at an applicable conversion price of $0.00068. Asher Enterprises converted $2,200 of its note convertible in the amount of $42,500. As a result, the Company issued 3,235,294 shares of its Class A Common Stock to Asher Enterprises, Inc. The agreement with Asher allows them to convert their debt after six (6) months at a conversion price equal to the lowest closing bid price twenty trading days prior to the conversion date. The remaining balance of the $42,500 is $16,800. The total outstanding share count of the Company’s Class A Common Stock is approximately 171,000,000 after this issuance.
(a) On August 27 2012, the Company issued 4,105,263 shares of Class A Common stock at an applicable conversion price of $0.00095. Asher Enterprises converted $2,200 of its note convertible in the amount of $42,500. The agreement with Asher allows them to convert their debt after six (6) months at a conversion price equal to the lowest closing bid price twenty trading days prior to the conversion date. The conversion on August 27, 2012 brings the entire amount converted on the November 29, 2011 note to $44,200 which includes the principal balance of $42,500 and interest of $1,700.
The last 2 notes say 20 days I believe.
I don't know who posted it or where it went, but that's a good question. Were those 2 Asher notes a combined updated file, are they both going to hit at the same time since it was funded later, or was the Aug 27 one funded later as well? Hopefully they can clear that up.
(a) On August 1 2012, the Company issued 3,235,294 shares of Class A Common stock at an applicable conversion price of $0.00068. Asher Enterprises converted $2,200 of its note convertible in the amount of $42,500. As a result, the Company issued 3,235,294 shares of its Class A Common Stock to Asher Enterprises, Inc. The agreement with Asher allows them to convert their debt after six (6) months at a conversion price equal to the lowest closing bid price twenty trading days prior to the conversion date. The remaining balance of the $42,500 is $16,800. The total outstanding share count of the Company’s Class A Common Stock is approximately 171,000,000 after this issuance.
(a) On August 27 2012, the Company issued 4,105,263 shares of Class A Common stock at an applicable conversion price of $0.00095. Asher Enterprises converted $2,200 of its note convertible in the amount of $42,500. The agreement with Asher allows them to convert their debt after six (6) months at a conversion price equal to the lowest closing bid price twenty trading days prior to the conversion date. The conversion on August 27, 2012 brings the entire amount converted on the November 29, 2011 note to $44,200 which includes the principal balance of $42,500 and interest of $1,700.
Asher August 7, 2012 convertible note . On August 7, 2012 the Company received a note in the amount of $32,500 from Asher Enterprises, Inc. The note bears a simple interest of 8% per annum from the date hereof (the “Issue Date”) until it becomes due and payable, whether at maturity date on May 9, 2013. The note is convertible into shares of Class A Common Stock, $0.0001 par value per share.
Asher August 27, 2012 convertible note . On August 27, 2012 the Company received a note in the amount of $32,500 from Asher Enterprises, Inc. The note bears a simple interest of 8% per annum from the date hereof (the “Issue Date”) until it becomes due and payable, whether at maturity date on May 30, 2013. The note is convertible into shares of Class A Common Stock, $0.0001 par value per share.
I think it's silly. They just point people to the sec filings on every question. What's the point of a social media site if you can't answer questions directly, especially for such a transparent company.
Approximately? How do they not know?
I guess I wouldn't really classify that as long. That would be just daily trading the same stock multiple times. I like your logic, but GYST hasn't really bounced many times this year, and even if you repositioned afterwards you would be down, because it hasn't held supports on those bounces.
Down 20% right now, and realistically this happens daily. Look at the charts. That's why I find that 175% bounce insignificant. Within a week that's all lost, so how do longs make profit? Seems like a bad investment.
I think it's going to come back down to the low .002's as well. There's no support, and the only way this stock goes up is with these great pr's that are getting weaker and weaker. I never understood why they took pictures of the new equipment, without someone infront of it. Those pics could have just been random pics. I would hope they actually show pics or vids of it on site, because as of now no one knows what's going on down there.
That's a lot of tailings. I wonder how much land they have left to process. Perhaps that's why they're "expanding"?
What are your thoughts on this?
I guess going from .0021 to .0045 in 4 days was significant, but going from .01+ to .0021 in 3+ months wasn't. It's kind of funny hearing the same bs over and over again. Longs, right?
Smart guy. You could have bolded a few more. Just saying.
They will provide news on Suriname next week! Guess what else happens next week! Dun dun dun... Asher. LOL
Did you sell your shares? You haven't made a dime if not, nor would you be here for the long term, or have been for that matter. Did you enjoy reading 3 pages of pumps today? It did wonders.
I agree with you there, but only if they're gone for good. I'm sure the dilution will make for a good entry point again.
GYST has already hit its MA resistance. Small doji shows uncertainty, and possible downtrend. Keep in mind there's no support from this uptrend, so if it drops it's going all the way to the bottom again.
I see. That's a decent amount they have been hording. They trying to test getting top dollar since they had that buy out in Dec? Think it will sell at that price?
I see 6 gold bars and 35 silver on their store. Where is said 60?
Are you sure? LOL
Pennies run for 3 days max. Anyone who thinks this is going to be a long term runner is delusional. Smart people take their 20% profit, and gtfo.
Do your research first.
Hey, if this can repeat 20 more times consecutively without a down day I might actually break even! GO GYST! Lmao.
How low can GYST go?
Why do you find it hard? Why do you think it will pop?