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Not without news from Miguel we won't.
If we don't hear something about Omnis transferring AVVH to GQC soon, I do believe we'll hit the .02's. If that doesn't happen before July 15th, it may go even lower than that.
Will be no turnaround unless Miguel Sanchez is heard from, and he will not say anything until after July 15th. As I said, I may pick some up in the .04's, but after that nothing burger from SSM, I'll think I'll wait until .02's as I believe it will get there before we hear anything.
You did, post 21080 states your estimate after share cancellation and CTO
You seem to think that nobody in Canada will be able to trade because of the CTO, yet we have posters on this board who are from Canada who say otherwise. Also the CTO will doubtfully be lifted in the future, especially once AVVH becomes Gold Quest Capital, so why continue to use it for calculation of outstanding shares?
Not negative, just truthful. Miguel Sanchaz may know a bit about financial institutions, but imo he knows squat about being a CEO of a public company. The most important thing is integrity and honesty. The last pr was vague and misleading, don't believe me, ask those who sold. His website says Gold Quest Capital soon to merge with AVVH, nothing mentioned about Omnis. It may be temporary, but be straight about it, and why it had to be done.
I may buy back in, depending on the next week or so, as I believe that it will be below .04 soon, and even below .02 if nothing changes. If he can fund GQG without a public offering, he needs to say so, explain where the funding will come from, if you want people to buy in. Give short term and long term goals that are reasonable. I know GQC is not merged with AVVH yet so this is something that he cannot elaborate on just yet, but his decision to get this done they way it has unfolded, leaves me questioning the future.
If nothing is said about timing for Omnis to merge AVVH into GQC before July 15th, it will be <.02 by then and after share cancellation people will be praying for .05. GQG is no super star, and even with share cancellation, their revenue for the past few years, doesn't justify a sp anywhere near .25. much less a buck. Get real people!
Canadian's can still trade AVVH via Interactive Brokers.
Will GQC raise capital with public offering is also a question for some. I understand the objective is to get investors involved, and I've done some DD on leverage for lending institutions, but what if it doesn't work out. What will Miguel do? What needs to happen quickly is Omnis needs to transfer AVVH into GQC, and get the symbol changed. If that is not going to happen until after share cancellation, that needs to be said. Once that happens, clarity from Miguel regarding funding GCG loans needs to be made for shareholders. Otherwise this will continue to sink.
Merger not completed!!!!! That's the problem! Omnis has not stated when AVVH will be merged with GQC! Too many uncertainty's and when you have a profit you can make, you bail. Miguel Sanchaz needs to be CEO and provide clarity, and get this done. All the pumpers need to rein it in.
Miguel Sanchaz cares about making money, for himself. I think it is very possible, once the share cancellation is done, there will be a public offering. Does he care about sp? Not particularly at this time, he just wants easy money to fund his startup. This is not the rocketship all the pumpers are saying. Next year maybe .25 but no sooner.
If Omnis actually merges AVVH into GQC I may buy more, but only after 1 billion share cancellation. By then it could be <.02.
I sold at .097 to make a 25% profit and kept a small (80k) core that is free, just in case Krisa was truthful. Shareholders don't think they were but it's not costing me anything. All the pumpers are entertaining though.
Could be? Really? Omnis hasn't even given time frame when AVVH merger into GQC will happen. No clarity at all. You want shareholders to buy based on what?
This may bounce off .02, not before!
Dreaming! We will not see .10 until 1 billion shares cancelled. Then after Omnis merges AVVH into Gold Quest Capital, (who knows how long that will take officially) there can be deals brought out. Depending on the size and potential revenue, we may begin to increase sp, possibly .25 by Christmas or first of next year. I understand that I don't know a lot about the financial end of things, but I have learned through the years about shareholder perception concerning integrity. The thought that was put forth from Krisa was not what happened, and shareholders jump ship when they think they were lied to, and it will take a long while to get them back, regardless of potential revenue and profit.
How long before Omnis Capital actually merges AVVH with Gold Quest Capital? Once that happens what becomes of Omnis? Obviously $1 sp not going to hapoen this year!
Not misunderstood. Investors realize GQC will not be making the money that they thought. GQG will still make money from interest on loans, but GQC will only make money packaging bundles together to sell to investors, which gives GQG money for the loans. Small profit margin, for GQC.
Profit margin will be low as well.
How is GQC going to achieve revenue? They will funnel money to GQG to fund loans, which will make them money from interest, but how does GQC make a profit?
Won't go up till revenue is reported.
Only way this goes up is revenue, and that will be a while for Gold Quest Capital. This is NOT Gold Quest Group, and just because GQC is the primary lender, does not mean income. It will be next year before all this hyperbole of $1 per share comes to fruition. Depending on how the funding for the loans are done, is there profit is the main thing, wait and see, another smoke and mirrors otc.
Exactly! The website even said Gold Quest merging with AVVH.
It's called integrity! If you say you're going to do something as a public company, then you need to do it, if not don't say anything. That is why shorts love pumpers. There is always excuses as to why there are delays, which gives shorts time to make hay. Put up or shut up as I say.
I would like to see news as soon as possible! If it is tomorrow, then all the shorts will be ready, especially if it is later in the day. If no news by tomorrow I am selling, because they never pr on Friday, which will mean they lied!
Don't want to be precieved negative, but does anybody think that a public offering will be made to raise funds once merger is complete? If they do, what does anybody think timing will be, before or after 1 billion share cancellation?
We just need an official announcement from Krisa that it's done.
frodo66, if we get to $.15 before merger pr, and it is as good as we hope, where do you think it might realistically go? Do you think the July 15th 1 billion share cancellation is already baked in?
Maybe somebody knows something!
It would be extremely exciting if we got confirmation of Gold Quest merger early this week! We might hit $.15 by Friday if that happens!
When could a pr be expected? It was mentioned from Krisa that initially the merger information was planned for last week, but because of positive developments it had to be put off to this week.
So things should be close to complete, and it would be nice if the "finishing touches" were put on the pr over the weekend and we get a before the market opens announcement Monday.
If the GQ merger has Hines involved as an investor or board member or in some other capacity, then when the 1 billion shares cancellation becomes final, this will rocket up!!
I believe it will go higher than $1, especially after reading the post this morning concerning Hines possible involvement. Hopefully we learn more this week.
If this hits $1, I'm retiring, after the purchases I made today, when do you think I can plan on doing that?
I added as well, so blesses that I could get more at these prices.
I'm waiting till $2 before I sell anything, and it will be a small portion of my trading shares. I believe this could get to $4 or $5 by eoy imo.
How soon .25 if GQ merger pr's next week?
When that decimal moves to the right one place, then I'll really be excited.
Also note that they mention news about the merger as a fact. Something that is going to happen, and not speculative. That I like, along with the share reduction. Buckle up!
Opportunity to buy more!