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No telling how long it will take. The company still hasn't issued any PRs, even with the SEC filing showing the merger, they made no effort to pump the price up. Just wait until they're actively communicating their plan.
My guess is we'll start getting details once the audited financials are done. Those are taking a lot longer than we would all like, but once that is clear and GEGP is full SEC reporting, I expect we'll get a lot more news.
I have no idea how long it will take, but I have no problem waiting for it.
GEGP
That's not true at all. GEGP is still acquiring more companies. The recent acquisition will be one of many most likely. Watch and see.
You read? I'm impressed...GEGP was at .0040 less than a year ago, so I'm not sure how many people have been "waiting for a pop" for years.
8k looks good to me. 10Q gets us back to Pink Current any day now. More news and potentially more acquisitions to follow. And of course the long awaited PR finally explaining everything.
Thanks for reposting EarthLord!! Looks like I might have been right. Time will tell...
GEGP
I just noticed that as well. I'd been wondering if they would reduce the A/S. I can't wait for the PR to explain things. A lot of catalysts on the way for sure.
GEGP
hahahaha 8k says a whole lot of nothing? How about they acquired Devon Medical testing and they will be a subsidiary of GEGP? That's something. With the share transfer to prove it.
Just getting started here IMO. GEGP will probably have a slew of acquisitions.
Looking good here. Well done to everyone that held. Excited for what's to come.
He actually owns 36% of the common shares. That's a very good sign of what's to come. This trades far thinner than the share structure would imply. Also zero dilution.
GEGP
The only BS is the nonsense you keep repeating. You keep saying CE this and CE that without know when that would even occur.
You keep saying they lied about filing but the key word on the extension is "Anticipated" filing date. Extenuating circumstances can change the ability to file. My guess is we'll see an explanation when the filings hit. I'm not worried at all, and will gladly add more .0004s to my pile if anyone would like to sell.
I can verify this as well. I spoke to him a few hours ago.
I'm guessing the Q filing will hit in the next 1-2 weeks.
GEGP
I'm not responsible for anyone else's posts. The information I post has not changed and haven't lied about a single thing here.
If you consider missing a filing as the company being liars, then you really shouldn't trade pennies, filings are missed all the time. Maybe this isn't for you. You pumping your chest about being right means nothing to me.
Be more honest? You should be a bit less ignorant. Fytton is still involved until the last steps of the merger are completed. He is still listed as a Director of the company and has been signing all of the filings. You'd know that if you actually checked the publicly available information.
Again, you should do more research before speaking as if you know everything. Some of us have been here over a decade. You should be a bit more humble and ask for information and educate yourself instead of accusing folks of lying.
They'll never be able to get out of CE...oh they've already gotten out of CE before, happened last year. You really should do a bit more research.
That's in response to you saying they've never delivered anything. I don't care about a quarterly filing that will have the same information.
Now if they are delaying things because there is new information to come, I'll gladly wait. I have patience here as I always have. Those of us that have seen this go from no-bid to .004 all without a single PR from the company understand what the potential is.
A typical penny stock would have used many of these opportunities to put out fluff PRs and sell shares, GEGP hasn't done that at all. That is way more significant than a missed quarterly filing. If you were really interested here you would notice the many positives that outweigh the missed filing. Those are facts, yet you only focus on a single fact to fit your narrative of bad ownership. There's a lot worse that ownership could be doing, proper perspective is key.
Now carry on. I'll leave you be again until you slander my name again next time.
I don't speak for other people only myself, you should give it a try. I've never said anything about the new owners.
And I've also explained to you the transfer of preferred shares to the new owners shown in the SEC filings, but you probably haven't bothered to look at those either.
You keep accusing me of lying with no proof. You keep saying "things never came to pass", you're basing that off of a single missed filing? I've told you too many times now all the things that have transpired over the last 5 years. It's all in the filings. Those are facts. You harping over a missed filing means nothing, shocker... we're dealing with penny stocks, filings get missed all the time. There is a reason the price is as low as it is.
Last year it was people complaining about this going to the grey market and I kept saying the necessary filings would come before the OTC restrictions kicked in, they eventually came and we have continued to trade. That's an example of something that "came to pass".
Don't even bother with him. He's just copying and pasting the same messages over and over. We've been here long enough to see many like him come and go. The filings will come when they do. In the mean time we wait.
Exactly...let them keep screaming liar, scam, fraud and smart money will keep buying up shares.
I spoke to the company a couple months ago. They confirmed everything in the previous filings (reverse merger) is still current and they are working on updating older financial statements.
I suggest anyone that wants some information read the SEC filings from the last few years. Everything is in there.
GEGP
Numerous people on this board have spoken to the company. Not sure what you're doing wrong.
By cleaning up financials I mean submitting filings, not audited financials. That started around 2014 to get them back to OTC/SEC current and is what caught my attention back then. The company was dark for years and started catching up on filings without any PRs.
Throwing around words like "fraud"? Ok. I'll leave you to continue talking to yourself on the board. Good luck.
The timeline isn't made up by them, the extension form gives 5 calander days after the due date. Not ideal but I trust they'll get it done.
I have no worry about this being CE, and even if it did go CE they would bring it back like they did before. Many people were screaming that this would be untradable when the new OTC regulations kicked in and they were all wrong.
The company hasn't spent the last 8 years cleaning up the financials and preparing the shell to let it die off. Unfortunately (or fortunately IMO) they aren't pumping the stock and putting out fluff PRs, so all we have to rely on are the SEC filings outlining the merger and the transfer of preferred shares.
I've been wondering once the Reverse Merger is completed if the outgoing CEO will retire those shares. He already has preferred shares, so the common aren't necessary. That would be a huge PR along with an A/S reduction.
My guess is we'll be finding out pretty soon.
GEGP
Why invest in a stock with incompetent owners that's spiraling towards CE as you keep repeating? Just curious...
The merger was already confirmed in all of the previous filings. The wait has been for audited financials and cleaning up some old financials from years ago.
What we're waiting on are PRs to tell us the direction of the new company. Depending on what it is, it could be huge.
GEGP
Same. Picked up a few more in the last hour. Was on a flight so I missed the first part of the day. Always seems to work out that way.
GEGP
Thanks bud. It appears all our patience will pay off sooner rather than later. I just regret not buying more the last few weeks when fools were selling .0003s lol.
GEGP
Exactly!! I trust that the PRs are ready to fly once the financials are cleaned up. Major news will send this to .01+ potentially IMO. Hit .0042 without any news at all, and that was with a lot of long term holders from low trips selling. A lot of the .0001 shares had to have been sold on the run up. Going to be even thinner this time around.
GEGP
The issue is not filing them, the issue is getting them audited. For OTC purposes the financials don't need to be audited, so they could easily be filed. But I think the new owners want audited financials before finalizing the deal, maybe for SEC requirements and future uplisting. Just my opinion.
GEGP
Always good to see the share structure is unchanged and zero dilution here.
No pump and dump, the company is still working to clean up the financials and then we should finally hear the plan for the Reverse Merger
GEGP
I'm pretty sure that's an old reference. There was software that GEGP licensed years ago, before the merger was on the table.
These current filings won't show anything about future plans. That'll come from the eventual PR once the auditing/accounting is cleared up.
GEGP is a shell, the financials are for the shell.
If you are looking for proof it was truly sold, look at the previous SEC filings that show transfer of preferred shares to Ice Lounge Media. Now what Ice Lounge will do with the shell, or what assets they will roll into it in the future is the unknown. But the change in officers and transfer of shares show that it was sold.
Once audited financials are done, I'm expecting we'll get the details we've all been waiting for.
GEGP
Not sure what you mean by "no proof another company has this".
My guess is we get unaudited financials to get back to pink current.
Then we'll get audited financials by the end of summer to close the merger, and PRs to follow after that.
GEGP
https://www.linkedin.com/in/hsiaochen
He still has Ice Lounge Media in his profile
I still see Chen's LinkedIn page
Nice level 2 flip this afternoon. Way too oversold here. Should get a small bounce even before Audited Financials and PRs hit.
GEGP
I just spoke with Francis (Hamon Fytton), the outgoing CEO of GEGP, no change in what has already been discussed in the public filings submitted to the OTC/SEC.
The accountants and auditors are the hold up. Once that is sorted out we should hear more information. Just no telling how long that will take.
I know once we do get any news from the company trips will be a thing of the past here. I expect to clear the previous high of .004.
GEGP
Ice Lounge makes zero money in this. Just throwing the word scam around doesn't make it true.
It's been tough to hold, I understand it. I still think we'll be rewarded in the end IMO.
Just need the auditors to finish things up ASAP.
GEGP