Read the news now and then about who's getting fined for abusive or illegal stock and options practices and how long they got away with it and how ridiculous the "punishment" is ( lol, a contribution to the governments coffers)
naive naive naive... thats what they count on

Wow, the naivete on this board is startling.

Do you realize how much the entire stock market is manipulated and rigged by the big players and market makers? Do you really think they play by the rules when there's "no sheriff in town" so to speak? The SEC is so far behind and so understaffed that they catch a tiny tiny fraction of the offenders, and when they do, they fine them a paltry few million dollars when they have made tens of millions if not more off their practices. They don't even police the pinks, they're getting too embarrassed all the time by the Madoffs that are getting past them to worry about $10,000 pink sheet transactions.

MM's have always and still continue to naked short especially in the pinks where they can do as they please without fear of consequences. In most cases they plan to NEVER cover and if they do they know how to run it up and down to shake out what they need to still make profit regardless of which way it eventually goes. But they know in high probability that most of these .000 stocks arent ever going to recover so whenever they get a "buy" order they take the cash and tell you you own it and never worry about actually covering. Free money to cover the annual office christmas party.

Now YOU and I cannot short these, you are correct. WE have to play by the rules. But if you think the HOUSE is playing by any rules then you probably also think the games at the carnival are all fair too...LOL

Why should Shell companies be banned from trading? There is value to clean publicly traded Shells. They make it very easy for a company to go public without the hassle and expense of IPO's and all that entails.
Being a "Shell" is not a dirty word. In this case it pretty much represents the total value of this company (it might be attractive to someone that wants to PAY to back into this shell) much like an out of business retailer might have valuable long term leases to property that someone might buy them just to get the lease.

If this gets uplisted and up to date with filings and all old issues resolved it could easily pop, but most likely a reverse split will be a part of the process. I wouldn't be surprised to see a ten to thirty-fold return of what's invested here from this level, but it will have nothing to do with mining gold.

Some brokers don't allow beyond the third decimal point on limit orders so some people wanting to sell either had to put in market order or a limit of .002 so it's not unlike the mm's to collapse it down there to oblige them....same as they were willing to jump up and take a bite out of the higher priced and market buy orders last week.

Hopefully this has another day of play in it though...that would suck to just get one.

traders flipped it for profits

GDSM is on a timeout at present

Ridiculously small trades and "odd" trade sizes have traditionally been viewed as someone ( MM?) marking the tape or sending a signal. Don't know if that's true or what they really mean ( probably different in all situations), but when a pink or otc moves significantly up or down with a trade that is less in share cost than what the commission is I tend to ignore it. Much as I do when the scoreboard in a sports game does irregular things during a timeout...it really doesn't matter, it's what happens when the game is actually being played that counts lol

Why is it inevitable that it will run again?
Lol! because people are greedy and the pink/OTC market is THE most easily manipulated market and there's an untold number of pump and dumpers that like to work this stock, especially in light of the fact that lovito has a history of reverse mergers that penny pumpers absolutely LOVE... That's why. It WILL run. And in all likelihood it WILL drop again. it's the nature of the beast.
Ride the wave and make some money. If you stand outside HQ with a bucket waiting for your dividends to be paid in gold dust then you should change your name to Linus and get your butt on out to the pumpkin patch!. A functioning profitable respectable company this will most likely never be. But as a stock play it's got loads of prospects...look at the charts.
:)

well for every bag there must be a holder...lol
those .01 to .03 people won't think twice about who gets their shares once they dump them too so no sympathy

OK, You talked some sense into me. Putting in market order to sell my whole lot. Thx

Only flaw in that theory is it should have already crashed back to .0008 and making new lows if that was the case. There's more to come. I wouldn't bet on a big bright future for stockholders long term, but something is up that is going to give this a nice pop when it hits.

Im reading the president's write up at the top of the page here and it says that he has been involved in 50 plus reverse mergers. Based on that and the recent PR's about getting listing requirements done and converting preferred shares it looks to me like they're prepping this as a shell for someone to back into. Why is there talk of buckets and gold digging? GDSM will probably be a cloud software company in 6 months lol. Hopefully longs will reap a nice reward for holding a non functioning company