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Just my 2 cents FWIW, I work for FEMA many small businesses are being sent to SBA for very low interest loans. This would be far better for them if they have insurance and get the low interest rate loan this could be a God sent for TGRR and us :)
I wish you good luck with the venture I have played chapter 11's that worked out very well. The chart caught my eye looks good here but the chapter 7 is scary they liquidate, you should read through that entire filing.
Best of luck here. I wish they weren't so secretive about the filings with BK's.
Was looking to invest here.., has anyone read the filings they are chpt 7 not just 11 and with 7 they liquidate everything there is nothing left. I would read the last 8k its not good.
If approved by the Court, the Conversion Motion is expected to be effective on October 31, 2017. Further, if the Conversion Motion is approved by the Court, the Debtors’ Chapter 11 Case will be converted to a Chapter 7 Case, and a trustee will be appointed to liquidate the Debtors’ remaining assets for distribution in accordance with the priorities established by Chapter 7 of the Bankruptcy Code. If the conversion to a Chapter 7 Case occurs, the Debtors will no longer remain in possession of their remaining assets and properties, they will cease operating their remaining businesses and managing their remaining properties as debtors-in-possession, and their assets and properties will be liquidated for the benefit of their creditors. The Company believes that its stockholders will not receive any distributions in or after the liquidation proceedings, and, accordingly, that the shares of its common stock are worthless.
6.
The Debtors no longer maintain active business operations and have only operated their businesses for the purpose of maximizing the value of the Debtors’ assets, resolving certain claims and winding down their affairs for the benefit of the Debtors’ creditors. The Debtors’ remaining assets include, among other things, potential causes of action including, among others, avoidance actions under the Bankruptcy Code. The Debtors have determined that the best interest of all creditors will best be served by converting these Chapter 11 Cases to cases under Chapter 7 of the Bankruptcy Code so that a Chapter 7 trustee may investigate and pursue those causes of actions to maximize recoveries while reducing the continuing costs of the administration of these estates.
Okay I don't understand why you keep posting this over and over. The Authorized stayed the same as before the split. The Outstanding shares were reduced. This is Not bad for us at all!
That is wrong you are not reading it correctly and why would they file the Schedule 13G stating after the R/S they hold over 13% of the shares this is a filing one on 9/8/2017 the other 10/10/2017
13.21% (404,535)
based on outstanding shares as reported on the issuer's 20-F filed with the SEC for the period ending December 31, 2016 and a 1:5,000 reverse split as of May 24, 2017.
7.50% (229,535)
based on outstanding shares as reported on the issuer's 20-F filed with the SEC for the period ending December 31, 2016 and a 1:5,000 reverse split as of May 24, 2017.
I don't expect to see 1's again before we run, nor do I want to. Too much coming up 2's are hard to get.
I can tell you I did sell some shares 2 weeks ago and they went straight through at the ask, so I wouldn't hold my breath for 1's I don't see that happening
This is what I found in the filings and would explain where the shares came from and we should just about be done with them
On March 20th, 2017
World Market Venture LLC 235,000,000
On May 23, 2017
KBM Worldwide, Inc. 118,000,000
Now those 60 million will be sold tomorrow, they need to lay off for a while and let this breath. Maybe let them know it couldn't hurt and maybe they will listen you seem to have an inside track here. This is ridiculous we would be well over .001 if they didn't pull this dumpathon the past 2 days.
Can a mod please delete both of his posts with incorrect charts Please!
When I questioned this at .19 I was told that it would not go down and that no one who said it was going down knew what they were talking about now look at it!
Now I would like to know IF the CEO cares about shareholders as so many claim he does where he is? Why has he not spoke out about this and I do not want to hear he is not concerned about daily price that's BS what are these so-called ambassadors doing to increase value I have seen nothing they have done.
I got sucked in and have watched it drop daily and would need 400% run to break even. I did not buy this to watch my money vanish and hopefully one day recoup and break even. There is debt here and there is default on some they are Not debt free in fact this looks like a total death spiral underway.
If big shareholders talk to the CEO and he answers all questions I would like to know what the hell is going on with this one. CEO claimed news in days, weeks, and months ahead well nothing in days or weeks since interview I guess it will be months. This is way more than simple manipulation and some posters must know the whole truth. I am genuinely frustrated and do not want to hear sell me your shares I will buy them well at .30 how is that one? I am sick of losing money its getting real old
SANP is at .0002 VNDM is parked at .003 thats far away from where we are.
I would love to get to .003
Why are you so SAD all the time? GIGL is fine the games are wearing thin GIGL's time is coming real soon
Thats great news most of the big Board stocks have tens and hundreds of billions A/S and O/S to accommodate the many investors, and thats where we are heading watch and see its coming So Happy go GIGL!
The games being played here are criminal to say the least and it is being looked into as we speak. Some group manipulating the price and costing people a lot of hard earned CASH!
This is criminal and I hope you are proud of yourself for spreading false information. To go so far as to change the A/S on the OTC that is also being looked into and has been corrected as you seem to know already. I am sitting and watching until some contracts come in any day now as the CEO stated and shorts will burn until then have fun with your games and I will enjoy the show. $GIGL
I can see exactly whats happening, I wish that we would have news in the middle of this with some rock solid contracts. That would blow them out of the water real quick.
GIGL does not have a huge short people are playing games with this stock. No law suit they are disputing the amount owed. Up we Go! $GIGL
Bar charts shows a 11,792 trade at .45 and a high of .5380
Yes I see that too
What did I say wrong? I meant they couldn't let it close at .10 where it was until the last few seconds my chart went from a green candle to red thats all not a big deal but they seem to do it every chance they get. I can't seem to say anything that suits anyone will not post here anymore
That small sell made the chart look bad.., I knew that would happen.
Now thats odd I thought you said we have 7 shorts on this, it seems the reason changes daily. What happened to all the shorts on GIGL?
Well did not see this I see it was reposted since it was so relevant and adds so much to the DD here. The news was not fluff this is a plan they have been working on and they are on the brink of getting to where they want to be.
Much news will follow showing things are getting done we could hear about this anytime now. News about any deal will send this through the roof and into orbit. I certainly hope they have good timing with the next one will knock shorts right down.
You are twisting the truth. Post proof a pump group wrote and posted this news article that happens to say GIGL wrote and published it. This is not puff and bogus news whatever puff means.
Good for ihub Really? They post any news people pay them to post this is real news posted by the company that comes through on news feeds not just a ihub news bleep. $GIGL
What you are saying here is slanderous to the company and the CEO.., post proof of all your claims this is really getting beyond ridiculous.
Wow! Thanks for letting me know about that like they don't make enough already! I had wondered why I see news come out here and there and never see it on ihub. $GIGL
Same question I asked this morning, its on TDAmeritrade it should be on here. Just like the last news we had never posted they overrode it with a bogus tiny article about GIGL listed under another symbol coincidence? I don't think so
They took it down with a 400 share trade after a 5,000 share buy at .087
He wasn't right today about one thing no VFIN he cried short attack all day stating dilution and there is none. I have not seen a diluting MM over the past 3 weeks I have been watching this closely.
He said short attack today would start at lunch time and it didn't then power hour didn't happen. Now he has got silent he is getting in everyones head don't let him.
Today should show everyone how wrong he truly is IMO. $GIGL
You said VFIN, this morning and they are parked at 2,000. Seems like we are grasping at straws with excuses today. GIGL holding well today it should have went higher they held it down some but they are running out of steam. No dilution just shorts did all of this and people are starting to see whats going on here with GIGL we will be fine.
Why did the news not post to ihub? I find that strange the last time it was blocked with another stocks news and now it doesn't come through on here at all.
Okay thank you that makes more sense I appreciate it. The way it was worded bothered me. I am sure this is coming back up just a shame I could have bought 4 times the shares if I would have waited..,
What I am speaking of is where it states but NOT LESS THAN 18 million NOT LESS THAN is what bothers me and could explain why GIGL has a problem with paying them just trying to make sense of this and understand the drop in price and why they are fighting them. I am holding shares here and would like to make sense of this entire revision which IMO was terrible from the beginning. Would be nice if we have an update as to how the judge ruled on this
I understand they were last years but this is the note that was revised they are fighting St George over. Since this wasn't paid and it was set with shares equal to price at EOY. I want to know what is going on with this it depends on how the judge finds on this case this could be bad and explain what happening and what is to come just trying to make sense out of this.
not less than 18,000,000 shares
People need to read these this is why I believe there is a problem with St George this is on PAGE 18 READ all of it especially THE BOLD PRINT
4. In conjunction with the conversion provision, the Company agreed to an Irrevocable Letter of Instructions to Transfer Agent, along with a Secretary’s Certificate and Board Resolution, which allows a Share Reserve equal to three times the number of shares of Common Stock divided by outstanding debt by the defined conversion price, but not less than 18,000,000 shares.
People need to read these this is why I believe there is a problem with St George this is on PAGE 18 READ all of it especially THE BOLD PRINT
4. In conjunction with the conversion provision, the Company agreed to an Irrevocable Letter of Instructions to Transfer Agent, along with a Secretary’s Certificate and Board Resolution, which allows a Share Reserve equal to three times the number of shares of Common Stock divided by outstanding debt by the defined conversion price, but not less than 18,000,000 shares.
Actually I did have until life happened.., many unexpected circumstances
So sick of hearing that.., I don't have the money to average down last week i didn't know how to trade either according to others I was told how safe this stock is and to leave it alone it will be fine really?
I saw this but was told it was nothing you can't talk to anyone here without being jumped no logical conversation is allowed. Funny i thought that is was this board was for.., not to be told you don't know how to trade, know what you own, bounce coming, bottom in, MM games, someone big is loading.., these aren't games this is my money that I would like to keep and these guys aren't playing games they mean business and the bottom is not in yet.
I know it will at some point not a good feeling down this far down and averaging down is not an option right now or in the near future.
Another problem a lot of longs bailed now we have flippers who bought low and will make the climb back that much tougher.
I am still here I should have went with what I saw coming last week. Now I am stuck and most of my money is gone so I will likely be waiting months to recoup not worth selling now.
I tried to talk about it last week and was told I didn't know how to trade well obviously I don't or I would have jumped out then instead of listening to everyone.
I know they have a lot coming but why did they not pay St. George? I believe that is what started this and I think they are out to make a point and the company sits silent while the stock drops over 70%. If they are so transparent where are they? This is a major issue for many shareholders. The ones that flipped there way up don't care they are mainly riding free shares but many people bought in recently too.
Can anyone explain this section of the filing? This is what bothered me when I read it previously especially number 4. this agreement which the company agreed to is not a good one and could very well have caused all of this and we are in default on top of it all. I would really like to try and understand exactly what is going on God forbid the company stand up and say one word to ease all the panic
St. George Investments, LLC - The Company executed into a Promissory Note Agreement with St. George Investments, LLC, (“Holder”) dated December 18, 2015, with a principal amount of $265,000 due in full on June 18, 2016. The Note went into default when the Company failed to make payment on the due date. Consequently, on July 8, 2016, the Company entered into an Exchange Agreement with St. George Investments, LLC, to replace the original Promissory Note with a new Convertible Promissory Note (“Note”) carrying the following terms and conditions.
1. The new Note will add 10% ($26,500) to the original principal as an Exchange Fee, making the new principal amount $291,500.
2. The Note shall carry an interest rate of 8% per annum
3. The Note carries a Conversion clause that allows the Holder to have a cashless conversion into shares of Common Stock for all or part of the principal, at a price equal to the average market price for 20 days prior to the conversion,
4. In conjunction with the conversion provision, the Company agreed to an Irrevocable Letter of Instructions to Transfer Agent, along with a Secretary’s Certificate and Board Resolution, which allows a Share Reserve equal to three times the number of shares of Common Stock divided by outstanding debt by the defined conversion price, but not less than 18,000,000 shares.
5. In addition, the Company executed a Share Issuance Resolution Authorizing the Issuance of New Shares of Common Stock. This document, in effect, allows the Holder to provide, at their discretion, a Conversion Notice directly to the Transfer Agent to receive unrestricted shares under the terms of this Exchange Agreement.
6. Further to this Exchange Agreement, the Company executed an Authorization to Initiate ACH Debit Entries that allowed the Holder to receive a daily payment of $312.50 ($7,500 per month). The Company can cancel such authorization with five days’ written notice.
During the fiscal year ended January 1, 2017, the Holder converted $81,300 of debt into 9,261,973 shares of Common Stock. In addition, the Company paid $20,841 of the principal balance. The balance outstanding as of January 1, 2017 was $183,359 plus $3,981 of accrued interest, and is past its maturity date of September 15, 2016.