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R/S? TOTAL CAPITAL REDUCED TO 40k FROM 750k
LATE FINANCIALS
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8914316
THIS IS LOOKING BAD.
Do you understand that the A/S is a superficial number that can be changed with little to no effort? The real number is the 185 MILLION SHARES DILUTED IN A MATTER OF MONTHS. TELL ME THAT IS NOT "SMALL INCREASES"
WORST OF ALL, WE DON'T KNOW WHERE THE MONEY WENT FROM THE DUMPED SHARES.
I think we can all make some educated guesses.. there is at least one million dollars unaccounted for.. and I can almost guarantee it is closer to 3 or 4 million
Of course the company dumped those shares at an inflated price when they knew it would crash. Two questions: Was that ethical by any standards? AND where is the revenue from those shares sold? Who made the millions?
100% FRAUD
The company is well on their way to maxing out the A/S and look at the prices right now. Tell me, what will they do once the A/S is maxed and we are in trips? Hmm..
The company dumps 185 MILLION shares at prices well over .0125, many of which were distributed higher .02, .025, .03+
That is millions of dollars. Does anyone ever bother to ask where could this money possibly be right now?
Look at this and tell me this is not dilution. I think it is safe to assume we will see this pattern continue.
Look at the price when they dumped those shares earlier this year. Upwards to .035 and the company decides to screw the shareholders by dumping 185 MILLION SHARES inflated 5700% from .0006 to .035 in two months at the crest of a promotion.
One year later, where are we? Prices right back where we started exactly one year ago.
12-31-09
OUTSTANDING 444,887,086
FLOAT 289,226,107
12-31-10
OUTSTANDING 444,887,086
FLOAT 310,226,107
9-30-11
OUTSTANDING 444,887,086
FLOAT 414,887,086
12-31-11
OUTSTANDING 579,887,086
FLOAT 414,887,086
6-30-12
OUTSTANDING 654,887,086
FLOAT 599,887,086
They are clearly killing this stock.. insiders accumulating low then pumping up and dumping after small gains. Its been on this cycle for the past few weeks. Very obvious.
It is a downtrend continuation. Trips coming.
In at .0005 - this is an opportunity to make fast money, not to invest in a fraudulent company
I see a promotion campaign beginning right now to distribute the final shares before the A/S increase kicks in.. ride it at your own risk, lots of money to be lost here.
They would sure be tempting after a reverse split..
Down over 99.5% in a little over two months.. and the company is silent. This should tell you something about what kind of company this is.
.0003s up.. We will never see 5s again
BID SUPPORT GONE, 0003s COMING!
Going lower today, bid support broke to .0004 yesterday and didn't recover.
HUGE opportunity here, reversal is starting, prices are holding just long enough to grab some more! I think we will see easily hit 003s EOW
Post-reverse split this thing will be closer to $30,000 per share
GDSM LOOKING GOOD!! 22s ALMOST GONE
Yeah, maybe after a reverse split. This thing is going nowhere. Not only that, but an increase to 4 billion A/S was approved recently and we could see the O/S increased as soon as the end of the month. I would stay far, far away from this mess.
GDSM EXPLODING TODAY!! LOOKING GREAT FOR A RUN!
GDSM is looking fantastic from a market standpoint. Can't really say the same about the business situation, but anyone who got in yesterday is in for a real treat today! Expecting some big gains over the next few days! GLTA
Three days in a row VNDB has failed to break 6. Good chance this thing is going to tank back down if it doesn't go tomorrow.
Yes, and the increase in A/S has been approved and is currently in progress. You can't deny it, read the filings.
I guess the run is over, we're going down now!
If lying were a crime, VNDB would have been shut down years ago.
In other words, 4 billion A/S on November 20th at the latest (could be as early as the 29th).
GDSM LOOKING GOOD! NEXT BIG RUN STARTING NOW!!
Yes, hopefully we can make it up to .0008 before the dumping or a reverse split hits out of nowhere.
I sense a bounce coming. They need to get the prices up before they can start dumping that 3.25 billion.
BUYER BEWARE!! Predictable trading patterns:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80527540
Par value will be .00001 LOL
A/S INCREASE TO 4 BILLION APPROVED!!! CONFIRMED IN BLACK AND WHITE BY OFFICIAL FILING! BUYER BEWARE!
Interesting that you say that since all of the .0004 sales were insider trades.. were you paid to make that statement?
VNDB DOWN 99% IN TWO MONTHS, THERE IS NO GAIN FROM THE ALL TIME LOW BECAUSE ALL SHARES TRADED AT .0004/5 WERE INSIDER TRADERS.
At least nobody is falling for this trap anymore
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80455524
Has VNDB been halted? One hour with no trades..