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Read the PR that was published 12/1
Donna is gone. NVOB is no longer involved, so let's see if that means anything.
I disagree.
But let's see when we get the Q4 reports.
It is official! Donna is gone!!!!!
.0008 in 2 weeks!
Cwir is not a shell. But whether or not they are actually working on anything is still to be seen.
They currently sit in the SCAM section of PS world. But, a real acquisition with real cash on the table, and it is a different story.
Someone's dream. The 15th will come and go and the stock will be at .0007, the CE will still be there and there will be no news.
I base that on the lack of any actual business progress regardless of "hiring" 3rd parties who may or may not actually do anything for the company.
You can "hire" them all you want, but that does not mean they actually do anything.
Why buy now? In 2 weeks it will be at .0008!!
Dude...I have done my own DD.
That was not the point.
He/she dreamt that it happened last night.
Totally based on facts!!!
Not at all 10000% assumption / guess / speculation....
As I said, maybe they have money sitting on the sidelines, but it is not anywhere on the financials.
I have clients that have access to funds outside of their company and they use it to acquire companies, etc., but none of them have financials this weak...
who is the "they" that you are referring to?
Regarding acquisitions, if you look at the PR from September regarding trucking company acquisition, it states that the acquisition will be done via a combination of cash and shares.
Maybe cash is coming from "outside" sources, but their current cash position makes it hard to believe that they have a significant stock pile / access to cash to buy any company with at least $50M in sales...
I saw the date as well, but did not see anything that says that it is no longer pertinent.
Another question from the Q report...something more recent.
They have taken loans for a total of $77,000 this year (2017) to pay operating costs, but they are going to buy companies that have millions of dollars in sales, even if in bankruptcy?
Well, the reason to issue 2B more shares is to pay SCI per the latest quarterly report. SCI could then sell those shares to cash out / get paid.
Likely they would do that since it went to court to get done...
Look at the last quarterly report - Note 6
On May 4, 2016, an amended agreed order was filed and accepted by the Circuit Court for the 19th Judicial CircuitLake County, Waukegan, Illinois relieving an obligation to issue 853,299,108 shares of it’s common stock to SCI and/or its assignees. This reduced the 5,251,079,429 shares of common stock to be issued to SCI to 4,397,772,321 shares. In order for the Company to be able to issue said additional shares, the Company’s Board of Directors and/or the majority of its shareholders would have to increase the Company’s authorized capital for its Series A Common Stock from five billion shares to seven billion that would accommodate its current shareholders, plus the SCI right for such additional shares.
How is everyone going to react when the A/S grows from 5B to 7B?
I am tired too...of watching all the pumping and it can't even get to .003.
Still waiting for .0008
I don't think that the financials are representative of the new company. It looks like they just carried forward the NVOB financials. I don't know why they are not putting in their financials but maybe we'll see them for the next quarter. But it doesn't make any sense that this is GPGC's financials.
I think people are already frightened. The thing is that for most of the people, they purchased at above .005 so selling now makes no sense.
Not yet. Bottom is .0005
Reporter - no
Investor DD - yes
Gltu
From OTC:
When is the Caveat Emptor warning removed?
Generally, OTC Markets Group will remove the Caveat Emptor designation once the company meets the qualifications for Pink Current Information, has verified the information on its company profile on www.otcmarkets.com, and OTC Markets Group has determined that there is no longer a public interest concern, typically no sooner than 30 days. Information on how to qualify for the Pink Current Information market designation can be found here. During the time it is labeled Caveat Emptor, any stock that is not in Pink Current Information will also have its quotes blocked on www.otcmarkets.com.
Alan Alan will also tell you he never gave that quote!
And Louie will tell you he never gave that quote!!!
That is correct. Louie had never heard of CWIR...but that is it important...what is important is that Louie had NO DEAL with Harry and ALL of the quotes in the PR were false according to Louie!!!
Going down down down. Buying at .0008. It should be there in 2 weeks. Maybe lower when everyone learns that the trucking deal isn't happening.
I did speak to Louie and his people. They are pissed about the PR.
Now, the only hope is that, after more than 4 weeks of not talking to Louie, maybe they actually present a real deal and this comes out of the ashes but I can 100% tell you that Louie, as of one week ago, is focused on other offers, not Harry...
June and Sept 2017 fins are posted on OTC.
Hopefully news is coming soon.
Soon means what? This week? Next week??
Well I do hope you are right and I am wrong! GLTU
I wish you the best of luck but this is likely to go to .001s once it comes out that CWIR is not acquiring ATG and that they were forced to recant the PR.
I never claimed to have all the answers. What I am saving is based on the conversation I had with Louie.
I don't know what to believe, what is true, but I know that this is not a straightforward deal here.
This could be the opportunity of a century, or another pump and dump. Only time will tell.
My apologies because after reading my last post I realize I conveyed the wrong message.
What I am saying is that the PR created a stir amongst the creditors and court, that Louie was unfamiliar with CWIR as Harry only mentioned his other company as the acquiring company.
Clearly the creditors are going to want to know if he is in a position to not only take over the company but to remunerate them for what they feel they are owed. The courts are going to want to know if Harry has the ability to really make the company solvent.
So in essence, Harry is defending his PR. He has to show that he is a real player. The interesting wrinkle in all of this is that Louie gave me the sense that he had not heard from Harry and was not certain if Harry was really interested. Louie seemed to indicate that he had other suitors that better met what he was looking for.
Louie made it very clear that neither he or Alan gave the quotes that are in the PR.
This is a convoluted mess.
I think the fact that they are taking Harry into court and making him explain himself is a sign of them taking action. It just takes time to get on the court docket doesn't it.
From my understanding, they did ask Harry to retract the statement but got no response.
I think the court was the last choice.
I would love if everything I was told was total BS but I think that Harry, possibly well intentioned, made some really novice mistakes and these mistakes are going to be felt for a while.
I do agree the law firm and PR firm provide another perspective on the company and maybe if CWIR can retract themselves from ATG and do a reset we can clear the air/confusion...
I think one of the PRs said that he took over September 2017.
Well that is the September PR which Harry now had to explain. Harry has some explaining to do. I don't see any way that they are purchasing ATG.
Did Louie tell you if he is in favor of CWIR purchasing ATG? Did he tell you that he doesn't even know anything about CWIR?
He told me that they sent the letter a while back but that they had not heard back from Harry. Again not sure what is really true, but that is what he told me.
Again, Cwir is supposed to get its say in court to explain itself to the bk court and creditors.
Louie's big issue was that the PR created issues with other potential suitors...
I am on board...but it isn't semantics. There is a huge difference and, assuming the person I spoke to was really Louie and he was being truthful, Harry handled the whole pursuit of ATG like an amateur.
Now, he does seem to have brought heavy weights around him, if the PRs are to be believed. Again, assuming the person I spoke to was Louie and he was being truthful, he said the quotes in the September PR were false and that ATG has sent Harry a legal demand to retract the PR.
LOI means nothing. Deals = $$$$
LOI means they are dating.