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There's a difference between facts that they have to provide through filings, and facts that they attempt to not disclose or hide. You can't say they invested 500k into their company when you personally are not looking at their paychecks, where they came from, and where money is transfering in their bank accounts. Why would they want to grow their company? Gold? Money in their pocket? What does that have to do with the pps? Absolutely nothing. Facts...
I'm going to take a wild guess and say facts? I mean, nobody can do what GYST has done! Perhaps diluting a stock to nothing is harder than it seems? Facts...
I love how they avoid answering the question on facebook. Anyone want to guess when the equipment gets media? Lol.
On April 26, 2012 the Company received a note in the amount of $47,500 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 January 30, 2013. The note is convertible into shares of Class A Common Stock, $0.0001 par value per share. As of June 30, 2012, the Company accrued $885 interest on the unsecured convertible loan. The proceeds which were used for general operations.
On June 21, 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 March 25, 2013. The note is convertible into shares of Class A Common Stock, $0.0001 par value per share. As of June 30, 2012, the Company accrued $85 interest on the unsecured convertible loan. The proceeds which were used for general operations.
Lol!
"Additionally, we will be out of the office until January 3, 2012 - hope everyone has a great holiday and a happy new year."
"The officers are currently in Peru and Suriname working in the mining properties. Any update from the Company would occur once they are back. They are expected to be in Peru and Suriname for 3 weeks"
Reverse splits are nasty. I'd get out sooner. Lol.
Please enlighten us with where you read that? All I see is that they outlined that the reason for increasing the Class A was not for protecting the company from take over which would have been the positive outcome of the situation, but to "support its expansion and future financing activities, if any". That could also mean them continue on using Asher chief, and frankly I would put money on it if GYST didn't already take it. I'm actually chuckling at the amount of measures they're using to make sure they're not liable in that 14c. More red flags.
Looking at the charts there's absolutely nothing technical that would move this stock. We already know what their media does to the pps. The only thing I would say is buy before they purchase a pump, but the problem is they can sell their notes very slowly between conversions, so there's no huge spike. There's a reason they have under 10% share deal, so they don't have the liability to file with the sec. Red flags all over the place. I wish I did some research before I touched this pit. Lol.
GYST has only been up due to pump and dumps created by the note holder and GYST insider trading. It has never reversed on legitimate momentum since it started. Disappointing to any investor. Their pps sure doesn't reflect all the media spew they brag about. Lol.
If I had to guess it sounds like they're expecting the pps to drop dramatically, and in conjunction they're prepping for future financing due to limitations of o/s to Asher.
I'm surprised no one has questioned their logic on why they increased it so much on their fb page yet.
It really doesn't have to go up though. Asher makes more money from the pps going down. Like I said before, all Asher has to do is pay for pump and dumps and they bank at any pps. I highly doubt GYST has any of their personal money into this company, and if there was any truth to their filing, then GYST has the wiggle room to be a dilution machine until at least 2015. They make more expansion money or straight up pocket money from Asher's scam financing then any gold, or pps will give them. Honestly these guys could be buying gold off the street, or purchasing it on the internet and reselling it, and you wouldn't know. They could be purely profiting off Asher convertables for exchange for cash. You don't know. I'm glad people are starting to be weary, because this company has been shady since they started. They keep stalling saying we don't watch the daily pps, and want to get richer with expansion. The only thing public investors should care about is the pps, and these guys purposely drop it for their own wealth. I imagine this stock hitting .0001 when people realize what's happening, and it will lose all volume from lack of reputation.
It's already coming from shares. Why would it stop? The gold profit is just fatting their wallets.
Wasn't there PR supposed to be back today? I bet their social media pages are run by a hamster.
Unfortunately, even if they did, that wouldn't make the pps go up.
All I see is some small pumps and no volume.
If I was frauding I would make an inside deal with a finance company, take their money and buy shares with it, then everyone thinks the company invested into it, so it's a safe buy, but that's just me.
Once again, it won't matter. They timed their equipment arrival news releases for the next Asher dilution.
I'm going to have to agree. Asher will always make money regardless of what the pps is, and it doesn't matter if it goes lower, because they can always pay for promotion. GYST will always make money if they're getting gold out of the ground. Asher is just making them pull out more by funding their equipment. Asher will be the source of funding for new projects. I don't see them going away anytime soon. Public investors are just picking up the tab for Asher. I don't see how making GYST richer is an investment. The insider trading was most likely a pump ploy, and an attempt to save face on their reputation. You can't bash the pps if they invested into it. Clearly some suckers believe that. Lol.
Everyone who owns shares are bag holders. The problem with the pps is Asher. Plain and simple. GYST will continue using them as long as Asher is happy with their deals. The only way they'll stop using them is when investors stop pumping the stock on boards like this when they convert. You would be better off dumping it, and making them not want to fund GYST anymore. Do some research on their scam track record. Asher is obviously setting up dumps with perfect timing on their converts to give themselves the best deal, then paying for promotion, and having GYST assist with news releases to get even more. Until GYST gets some real financing you're just enabling suckers to lose their money. Look at their business transactions, releases, and charts. It speaks for itself.
Just because there's insider trading doesn't mean it comes from their own personal funds.
2015 is a long time away.
Why would you take loans out like a normal business when you can convert it with stocks and have complete strangers pay the tab?
They all sound nice on paper, but realistically this stock has no volume, and nothing technical to be screened. The news has been planned, saved, and used for convertibles. The last Asher conversion dropped the value 85%. That's not a good investment. I'm still amazed how people think the pps revolves around how well a company does. There's no reason to pump this stock until the volume picks up and an upward trend is confirmed imo. GYST shouldn't even have convertible securities if they're making revenue like they say. That alone shows they're greedy, and don't care about public investors.
Less than $3400 traded this morning. Sleep sounds like a better investment than GYST.
Follow their facebook page.
Right? I might break even in 2 years at this rate from the last Asher conversion. Got to love how the next wave is roughly in the time frame of expected equipment. I bet that wasn't planned at all. Lol.
Pretty sure we're all bag holders, unless you've been swing trading the last 2 days, in which case you should have taken your profit a long time ago.