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Being an optimist, I must believe that our CEO will sooner than later wake up and understand that she is now a Business executive and not only a researcher anymore.
This being said I did reduce somewhat my position and place the money in a better place, till the woman gives sign that she finally figured out what must be done ... hopefully before competition creates an offer grabbing our market bygoing at it agressively
Here is what happen when a management doesn't understand what commercial business is all about. Only one analyst was folloowing the company:
Canaccord Genuity lowered their 12-month price target to C$4.00 from C$5.75.
December 6, 2021 10:20 AM
…
Canaccord Cuts Target To $2.00 from C$2.50
July 4, 2022 4:33 PM
I bet Canaccord will not even report after results are issued before the end of the month.
P.S. According to Morningstar Fair value of Baby (CDN numbers) is $ 1,33
May be true in your area but mothers of the middle class do need to be told, not having time to study products on shelves whenever they shop. We are in the general consumers market and advertizing is critical to our success. However our CEO seems to think this to only be an 'expense' ???
Considering our products and the market we shall aim at, revenues after a full year are minimal not to say insignificant (our pps and the reluctance of large investors prove it)
Even Bubae says that our current market cap is caused by our level of debt. Look at my post # 44710 and if this hypothetical strategy could be made, an investor could rapidly see his investment grow by a factor of 2,5+.
That is an hypothetical scenarios for the future but it is at least as valid of the garbage reffering to informations dated between 4 months and 5 years back (2017) posted herein continuously.
Bottomline: Only Leon knows why he does what he does ... instead or folding the adventure to retire with his own money.
As if adding shelves was still what management should focus on ?
How about telling targetted consumers who and what we are, instead of letting them finding us by accident ??? Ridicule.
Most likely but I wonder why Leon keeps developping the business, reporting duly and keeping his lenders in line? He must have a plan and I assume he is not doing all that just to extend the life of a dying business. Why doesn't he say 'quit' shut the doors for good and go ahead with his private life and his close ones?
Unless all one looks at is what the business WAS thru historic numbers, knowing as much as I do about the answers to the above, saying this is a failure in the making is as stupid as saying this will be a fantastic success.
Personally, I respect a business man like Leon and am hopeful that this will turn out to be a serious interesting 'investment' ... or not. Let's see
If Leon SOMEHOW ??? succeed at selling 5,000,000,000 new shares to whoever at the $0,0012 then a cash inflow of $6,000,000 would come.
Assuming Leon somehow does it, then the 'defaulted debt Bubea is so concern about would suddenly get off the books an small chage of a couple millions would be available to clean up whatever debt would be left.
Then market cap could easyly become (5 times $6,000,000 annual revenue) $30,000,000 and even with 8,875,000,000 O\S pps would become $0.003 (2.8 times the price paid for the new shares.
Then an R/S of 100 : 1 would make the pps $0,30 ... even a 1000 ; 1 ($3,00 PPS) would offer new horizons for the shareholders.
Someone with money may endup figuring that out.
Never said he BS anyone, said you and I both do not know what is going on NOW (unless you have a source I do not have access to).
All I know and rely on are the quaterly fillings reporting what was the pictures more than 4 months earlier within a company that, just over 1 year ago was not operational whatsoever.
Following that board for a long time I conclude that (except for one posterworking at destroying the company ... pretending to know) no one herein knows in what kind of trouble OR NOT this company is or not.
All we shall all agree on is that there is a (progressing) business behind the stock and the company keeps regularly reporting duly whatever the lenders do hope for (or not) dealing with Leon.
This being said:
- GRST is a risky pinky offering great gain potential,
- GRST is traded on a dangerous market, manipulated by some,
- GRST has reduced debts and did grow revenues,
- GRST is managed by a successful executive who doesn’t try to BS people,
- GRST’S CEO is having significant initial success at reviving a company that was in a deep coma only months ago.
HOWEVER ONE SHALL NOT FORGET THAT:
- If our CEO fails, we will have to write off our bet/investment (hopefully not having bet the rent to start with)
BUT REMEMBER THAT:
- If our CEO succeeds, we are in for quite an interesting financial gain.
Shorting stocks, whatever the kind, is a recognized phenomenon and plenty of court cases did demonstrate it does exist (only few mak it to court). 'Shorters' support their activities by hiring posters working at supporting their strategies ... another known fact.
Debating it is useless.
' Aggressive shorters, and short selling pools, will sometimes hire stock “bashers”, people paid to post negative articles on blogs and message boards.'
Why is it I feel familiar with this ???
Short report GRST ...
Could that illustrate what we are seeing ???
https://otcshortreport.com/company/GRST
KRAMER BROTHERs and their multiple shell companies (which GRST has used) do wish and try to FORCE REVERSE SPLITs and BANKRUPT the companies so they don't have to cover up their NAKED short position.
I do not know about you but that sounds familiar to me, reading some posts herein ???
Be sure to listen to the following video I found, to better understand who these people are and how they do operate …
There are 3,75Billions O\S
Average day transaction volume is 13,5 million shares
A verage day transaction value is less than $7,000
Obviously no one is seriously investing in that and thos holding shares do sit on them waiting for the final outcome (loss from here on of $0,0005/Sh or gain of at least 10 times that ($0,005 for a market cap of $20,000,000 vs an annual revenue of more than $5,00,000 ... multiple of less than 4)
Considering there is a serious business reporting normally behind that stock and taking into consideration current debt, I call that a good risk for 'those interested in that sticker'.
'Looking back at the first 8 weeks of 2020 they dumped more than $1.3 billion shares at an average price of .0004.'
Wow! those interested in that ticker must be so thankful for that relevant facts. LOL
'Looking back at the first 8 weeks of 2020 they dumped more than $1.3 billion shares at an average price of .0004.'
Wow! those interested in that ticker must be so thankful for that relevant facts. LOL
'I myself have not had a position in this stock for over a year.'
As I wrote earlier then you spend a lot of time trying to destroy this stock and only 2 possible other options, You are paid to do it or you have no life.
I sold 1/3 of my shares because we are just letting competition develop new offerings and sit on our hands, waiting for FDA (12 to 18 months) without exploiting our current advantages.
You must be finaniall rewarded to continuously repeat ad nauseam the same historical facts everyone on this board must know even if it just comes from your stupid posts. The alternative would be even worst.
What you seem never to even recognize is that a growing business does exist behind the stock, Leon duly report quarter after quarter and it is obvious the stock is manipulated by someone or a team working at destroying the company.
Any shareholder herein understand the risk this stock represents, no one predict with certitude that it will endup being a great investment and very few (you in particular) pretend to know that this is a failure in the making.
Understanding the risk, i believe that Leon and friends of his may have the means to address the debt issues (recently announced governmental funding availability, private investors, ...) you keep describing like crazy, based on assumptions of yours made out of blindness relative to what is being worked on.
Any smart poster herein understands what this thing is all about and anyone thinking you even may be right predicting desasters based on historical facts is either a masochist shareholder or someone having no shares and probably no life.
I now have 3 potential reasons explaining your behavior
1- As I often suggested, for only you knows why, you are frustrated
2- You are involved with CURT KRAMER and SETH KRAMER already charged for multiple alleged violations of Federal Securities and RICO Laws.
3- You are an altruistic person spending his life trying to protect naive investors
The problem with boards like ours is that you never know who is posting and what is their motivation. That's why, one should be very carefull ...
The more I read your posts, the more I think about the following ... 'maintains its position that there is a serious, unaddressed and ongoing naked shorting problem related to its common stock. RECENT POSTING ON VARIOUS SOCIAL MEDIA PLATFORMS have suggested that the problem is, at least in part, due to the actions of Mr. CURT KRAMER' ... an abstract of the 'New York, NY, June 17, 2022 (GLOBE NEWSWIRE)'
It is at least a possible answer to the question I was asking for a long time relative to your motivation.
Great. Let's hope parents do find our boxes. To bad nobody takes time to make them aware.
Thanks but I would have tought, you knowing so much about the company.
Question:
Since you are obviously very familiar with the financial situation of GRST, could you tell be if the company ever did deal with the KRAMERS or any of their numerous firms (Ialmost wrote aliases)?
Looking around i found many interesting texts i felt interesting considering what we seem to be dealing with.
I wonder if that could explain somewhat the reasons our stock behave the way it does ??? I however am not sure if GRST DOES OR NOT DEAL DIRECTLY OR INDIRECTLY WITH THE KRAMERS AND THEIR FIRMS.
I also noted in the third text hereafter the following;
- 'RECENT POSTING ON VARIOUS SOCIAL MEDIA PLATFORMS have suggested that the problem is ...' ... interesting way of supporting a strategy that we may witness sometime, dealing with small OTC microcap stocks!
Washington D.C., Nov. 25, 2013 — The SEC today charged a New York-based penny stock financier and his firms with violating the federal securities laws when they purchased billions of shares in microcap companies and failed to register them before they were re-sold to investors for sizeable profits. CURT KRAMER and his various firms agreed to …
VANCOUVER, Canada, April 25, 2022 /PRNewswire/ -- HPIL Holding (OTC: HPIL), announced that on April 22, 2022, HPIL filed a complaint in the United States District Court Eastern District of New York, Case Number 2:22-cv-02287 against … CURT KRAMER and SETH KRAMER for multiple alleged violations of Federal Securities and RICO Laws.
New York, NY, June 17, 2022 (GLOBE NEWSWIRE) -- While Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, maintains its position that there is a serious, unaddressed and ongoing naked shorting problem related to its common stock. RECENT POSTING ON VARIOUS SOCIAL MEDIA PLATFORMS have suggested that the problem is, at least in part, due to the actions of Mr. CURT KRAMER, Mr. SETH KRAMER and their firm,...
… Plenty more texts of that kind I found thru a very simple search on Internet ...
Average dayly volume of 15,800,000 shares ( 4 out 1000 O/S) is less than $8,000 per day. That means that the stock doesn't attract new buyers but those having shares believes waiting is the smart thing to do.
Personally i give Leon the benefit of the doubt. in any case i have a lot more to win than i have to lose.
Personally, considering the attitude of our CEO, I did reduce 'somewhat my position in recent days. I will play the proceeds on something else but may come back adding if madam finally figures out she is not only operating an R&D outfit.
My concern: No marketing worth mentionning and no security relative to manufacturing.
Thanks
I (and you must also) assume Leon knows all of that description you keep posting on. I also believe that if he tought the situation was that desperate, he would just quit trying living his creditors pickup whatever they would be left with.
The fact is, whatever you predicted continuously over the last years, the creditors and Leon are still there and company keeps reporting duly.
I may be wrong (I already said it's risky) but I prefer to follow someone that KNOWS WHAT IS CURRENTLY GOING ON AND WHAT THE PLAN IS than believing someone that deducts from historical data and has no clue of what is CURRENTLY GOING ON AND WHAT THE PLAN IS.
Fact is you predicted the most negative outcome for more than one year (I wonder why since you apparently are not a shareholder) but Leon is still operating the business and lenders are still on board. Let,s see ...
In here like in politic these days, facts do not count. You're either on one side or on the other without even thinking or using your brain.
Fortunately some are independant and try to figure out where they stand and in what direction the future will go. They generally are smart enough to put history aside trying to figure out the future, understanding the risk they take.
'Data presented can be verified'
That is generally the case when one look at history !
Looking at it negatively, your scenario is logic but the other way to look at it (assuming the $5,000,000 proceed seriously reduces the debt) is:
- annual revenu : $ 5,000,000
- multiplier of 5 : $ 25,000,000 market cap
- O\S: 7,500,000,000 (3,275,000 + 4,200,000)
- pps : $ 0,0033 ... for shares acquired at $ 0,0012 Gain of 175%
You kept saying that the current market cap is because of the debt. I assume that reducing the debt could correct the situation.
This being said I know as much as you do (read" nothing) except the past.
I also know that:
- GRST is a risky pinky offering great gain potential,
- GRST is traded on a dangerous market, manipulated by some,
- GRST has reduced debts and did grow revenues,
- GRST is managed by a successful executive,
- GRST’S CEO is having significant initial success at reviving a company that was in a deep coma only months ago.
HOWEVER ONE SHALL NOT FORGET THAT:
- If our CEO fails, we will have to write off our bet/investment (hopefully not having bet the rent to start with)
BUT:
- If our CEO succeeds, we are in for quite an interesting financial gain.
As I said in a pevious post, Issuing shres to pay the debt the reverse split or reverse split then issuing shares are alternatives. The fact is that if (???) Leon can sell 4,2B new shares at $0,0012, then soon thereafter an R\S may very well be in the cards.
Starting from a market cap of less than $2,000,000 for a business generating more than $5,000,000 a year already offers quite an interesting opportunity as illustrated earlier
January 2020, December 2019, The first 8 weeks of 2020, January 16th 2020, February 2020, 2020 annual 10K issued April 2021, ...
Summary: Before the company started to create a serious busines (more or less 12-18 months ago) a lot of history was (to say the least) quite negative. Historians like any monday morning coachs are always right. However, those doing the job now do look at present, plans and projections.
Everyone must find its own approach but living in the past is generally non constructive, even maybe destructive.
Finally, those continuously rehashing past negatives are generally frustrated individuals only able to criticize those trying to build or create somthing looking ahaed.
Will the market move this beyond .0012 with the Q3, 10K filings?
Probably not, unless recent announcment result on something leading to general improvment of the current state of the young business (realistically more or less 12 months old)
We shall see.
Was that written with your positive hat on?
'It is none the less dilutive to shareholders' Do you mean that my hypothesis (dilution and debt clearing) is not a good strategy? After all you keep saying that market cap is justified by the waight of the debt.
'But if they were going to do that would it not have made more sense before they took on more debt' ... I would have tought that a person as smart as you would know that Leon had to create the business before doing that ???
'As for the revenue number, it comes with very high expenses so the business is throwing off very little cash.' ... I wonder, would not getting rid of debt reduce expenses and having less or no debt could allow for finacing expasion and increasing revenues (without necessarely increasing Fixed costs.
'As for the revenue number, it comes with very high expenses so the business is throwing off very little cash.' ... As if all that was achived over the last 18 months (licences, facility, reputation, ... was worthless ??? I'm sure you do not believe that (LOL)
Finally, I must say that you did not put on a positive hat at all.
'Moms will ALWAYS opt for the healthier alternative.'
That's why I keep asking why we do not tell them about our offerings ... actual and to come?
'offering of common shares at twice the current market?'
you however know the current market , 0005 is that low because of the debt ... or maybe you forgot?
SO WHAT, IN ANY CASE, ACCORDING TO YOUR ANALYSISES THEY WILL NEVER SEE AGAIN THE COLOR OF THEIR MONEY ... LOL
Put your positive hat on for once and tell me what is wrong here after (assuming Leon and friends of his have $ 5,000,000 to bet,buying 4,167,000,000 new shares at $0,0012, so the company can immediately get rid of $5,000,000 worth of debt.
What then could the pps be for a 'DEBT FREE' grst generating an annual revenue of $5,000,000 already ?
- annual revenu : $ 5,000,000
- multiplier of 5 : $ 25,000,000 market cap
- O\S: 7,500,000,000 (3,275,000 + 4,200,000)
- pps : $ 0,0033 ... for shares acquired at $ 0,0012 Gain of 175%
Thereafter, the company could R/S and borrow to expand further.