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I hope you all are righ(t), I am going to give this stock a try again.
You all should notice a reduction in the ask in the AM. GLTA.
The RIGH tier change when we went back to "limited information"; Happened at midnight Dec. 17, 2012 before the trading day. I've seen mistakes before with pennies, I along with some others do not know why the tier change, IMO most believed righ was good till the end of the month.
Edit:
RE: "BG Medicine" Gets Nasdaq Warning on December 17, 2012. Did OTC make a mistake putting up the yield on BG Medical Tech????
and the removal of about 8m on the ask eom...
The flippers are giving away 2's again;
They will not get those back.
As to the ticker change, did I read a long time ago (around the r/m time) on the board that no pr's (gagged) for x number of days before the ticker change could be completed?
This should be a way to look at BGMT (righ) in the MMJ Industry IMHO?
Let's consider http://marijuanastocks.com/ ; 20 MMJ stocks listed there. Last Fridays close and just averaging the 14 under 50 cents was 0.02+ per share. Taking the 6 sub pennies of .0001 or more the average was like .0023 (yesterdays sub close average).
I think BGMT should be better than some of the others due to some of the others do not have revenues and or have large debt.
There is to much FUD going on here.
The 1-2 tick flippers have absolutely no forward thinking compared to the MMJ Industry average (flip twenty plus times with fees etc. to the sub penny Industry average). That math just doesn't work for me.
However;
1st Quarter Fins would go a long way extinguishing most of the FUD.
Is this right, this entire industry
has been down, maybe we'll move
when this industry starts moving again.
Hope Fin's and ticker comes first as a
boost.
I tried, with 4m and they keep finding more 3's....
How many 3's left
Indeed, that was the intent at the moment, but another snow job, breaking the penny rules, not having good years in stock profits to off set the loss of enti caused me to hold and wait till it would please my 1040. So, since there is a doubt I have shares please note that I am still in (post 01-11-2012 791 out of 1.3M enti to ptel divi). Guess I'll make a new rule for the pennies - I am dumb!
GStockz Great Vent
I as well have been in this before the penny ordeal.
As to high hopes, if you'll recall, most thought that
this stock would be the exception, and break its way
out of pennyland.
It is just plain and simple; everyone’s been scammed imho.
The brothers have run every publicly traded company they've touched,
into, for the most part, no bids!
What is the chance that Thomas got sucked in like the rest of us, by the brothers…
I’d have to pickup a little under 28 million just to average down in order
to dump this and break even. Not happening – not another dime into this one!
I broke all of the penny rules, including don’t fall in love with a penny, greed, the list is long with this stock due to the brothers on going snow jobs.
As to Thomas, if it was going to happen, it would have by now.
IMHO, the best thing for all us with major losses would be a BIG R/S so there might be
an interest in buying, and dumping this for tax purposes, to put us out of our misery and who ever can once again rinse and repeat.
Bitter – Just a bit….
At 8pm eastern - CNBC Special report
On Cannabis and capitalism.
Is this correct? My understanding is:
Because of the R/M, this stock is now undervalued.
For its sector / industry (as compared to others), this stock is undervalued.
The CEO is not making (so far) hollow promises.
Since there will not be Fluff PR’s there should be a chance share holder confidence is increased over the long term.
Other pennies use fluff PR’s to increase the PPS for the company’s war chest and take advantage of shareholders.
Not having Fluff PR’s would cause the PPS to be more stable hopefully for continued growth and more stable PPS.
The current information since the R/M is more subjective than objective until the CEO creates a track record.
The information blogged (latest 02-07) by the CEO may appear to some as being a level headed approach for a strong continued growth approach, not exactly contusive for pump and dump.
A lot of the one tick wonders have thinned out, which will assist a more stable PPS.
----
Of course like others, my understanding is my subjective view, if I have miss spoke, or need corrected, be sure to reply or add thoughts I have over looked.
----
Also, I was able to pick up more shares today and it certainly wasn’t the requested lots of 158M shares.
RE: poss 180 million A/S
I received this as a direct mailing
For a proxy vote run by
National Financial Services LLC
PO Box 673004, Dallas, TX 75267
75 Million AS may go to 180 Million Shares
On January 27 2012 @ 8AM there will be a special meeting for the following purpose:
1. To approve the potential issuance of shares of common stock in excess of 19.99 percent of our outstanding common under the terms of Ironridge financings;
2. To approve and adopt an admendment to our certificate of incorporation to increase the total number of authorized shares of our capital stock from 75 million shares of which 70 million shares are common stock, to 180 million shares, of which 175 million shares will be common stock; and
3. To transact such other business as may properly come before the meeting and at any adjournment thereof.
There may be Dilutive Effects of the admendment which may effect earnings per share....
This could adversely affect the prevailing market price due to owning a smaller percentage of shares.
GLTA
I have received 791 ptel out of 1.3meg common and 80K restricted enti.
As to the Float. It took over two days to get back into this one.
If it was a common share dump my order would have gone thru without a hitch.
All other orders have gone straight thru in the past on this stock.
I also agree with removal of the CE would be a large help.
I am out as well...
GLTA
Dumping/Selling due to panic and fear appears to be over.
Fridays (not exclusively “every Friday”) over the past several weeks have been “dump day”;
For the past few days after being thrown under the bus, the PPS is holding "Even this Friday".
Investors are optimistic and holding.
Recovery From The Graveyard Spiral.
Bullishtrade, IMO you may be right, Bounce – Double Bottom Reversal –Should Correct To North Now.
Without reiterating prior posts – Positive News –
Dumping/Selling due to panic and fear should subside now.
The biggest change IMO is that so many Pinks (scams) never file financials.
This outfit is making changes that we as investors can now see.
They “actually” are working on their Business Plan.
For Now, Time and Patience is the key to success with this stock.
GLTA
Check google maps "street view" / Think of Prior Posts / What has happened to the PPS
This building has at least 4 space’s/suite's (A-D)
Listed for Suite A/Space A: (see post 36468):
Mev Healthcom, Inc. 6313 Corporate Ct Ste A Fort Myers, FL 33919.
Rtr Media Inc. 6313 Corporate Ct Ste A Fort Myers, FL 33919.
Scientific News International, Inc. 6313 Corporate Ct Ste A Fort Myers, FL 33919.
Camera Crew Inc. is located at 6313 Corporate Ct Fort Myers, FL 33919.
Encounter Technologies, Inc. 6313 Corporate Ct Ste A Fort Myers, FL 33919.
I guess Spire is in there somewhere..(since there is some sort of connection)...
Oh yea, that other outfit Who that they sold the platform to.(alleged connection here as well)..
Since all of this is in the family, here’s my take: look for their kids garage band to be the celebrities.
They are all sitting around a card table (in suite A) passing back and forth IOU's / promissory notes (No Lawyers needed) - good enough for a PR to say they have $/Deal/i.e. the bait is set…
The listed above have no creditability period IMHO……
Graveyard Spiral to .0001
After Dilution Reverse Split.
GLTA
It all means "We are funding all of this"!
36468 is a Great Post!
Suite C has the same problem - a bunch of businesses - same address and I think suite/space D is empty.
The Mods should post the Pro's and the Cons (sticky - above)
My guess is the bookkeeper is getting the most $$$$
seeing which one in post 36468 needs more dulition.
With the alledged funding sources (what 10M and 1.75)
this smells all the way up to Flight Level 65,000.
Again, this stock is in a graveyard sprial heading for .0001
"pull the cord on your chute".
GLTA
Great Question 1.75M
With the Megs of $$$$$$ as presented in PR’s, what is really up.
As to DD with pinks when things like this started happening to the PPS investors went so far as to locate the companies operations/offices; finding they were in closets, empty ware houses, residential neighborhoods in garages and the like.
There maybe something afoot with these alleged cash flows as reported in the PR’s in that they may be shells held by a intertwined group (brothers / other family /i.e.)…
WHY TO SELL NOW
Unless longs have been flipping in this grave yard spiral their positions are near 70+ percent down. My position went from its high near 12K to 1.2K (my investment more in the middle). Longs will soon see their K’s turn into H’s for Megs of shares. Every time I held a stock acting like this – Yep a R/S.
Longs if your investment gets caught in a R/S you be long for sure. Pinks with this PPS usually do a 2000 to 1 .
This stocks grave yard spiral is not over. At least average down – flip now so you can pick it back up at .0001 or you’ll be long for sure waiting $X.xx PS to recover.
When the R/S happens maybe you’ve recovered some of your original investment before you’re really in for good. You folks are not stupid; after dilution all that is left is the R/S.
Too Much Face Value - A lot of DD is still needed.
All of these questions need to go to real sources.
Such as
Secretary of State with-in the state of corporation (if one can figure it out – like some pinkies with FL addresses and being incorporated in other states such as NV) / Chamber of Commerce / FL Tax Department (FL tax stuff is online - forgot the web site)…
Asking one Pinky will most likely get you “Pinky protecting a Pinky” (brother/brother i.e. – who else is involved family wise) They are going to tell you what you want to hear – is it valid/the truth/i.e.
Interesting no one answered your post. - NEWBEE's READ
Not that you can believe what you read on this board; yesterday afternoon the already made 2 mil (1.7M) this year selling the VSP was to a shell company the enti ceo also owned (alleged in another post yesterday).
True or not; this stock has the appearance of impropriety in that other family member(s) are tied by facets to this stock thru other pinkies/pr’s/i.e. which they seem to hold some corporate position. This stock “based on concept” has potential, however the appearance of these improprieties continue to encourage a lack of confidence/investment/i.e..
The lack of several (or all) aspects dates/MM/celebrity/YB launch/ bears severe scrutiny before additional investments are made or continuing to hold at great losses.
One might consider getting out and lickings your wounds now (choices I made after 8 different positions @ a 74.6 percent loss).
As a side note for the ones coming in new – if you can go back and check the past several weeks – start of the week seems to be the best PPS and drop most of the time thru Fridays (Fridays usually being DUMP DAY for this stock).
I have to agree with others – this stock is going to the 000’s and I also agree that it will break its 52 week low.
Here’s my issue and something that hasn’t been covered for awhile. When, if ever, is enti going to get rid of the “stop”? PR’s, June 1st being on schedule is all well and fine, but IMHO the stop being removed is just as important as everything else going on with enti. I think we need the stop removed as well if we want to see the LT gains.….
I have to agree with flaflyersfan and midas716.
"There's only about 3 people on this board seeing clearly"
As examples read the following messages 20308, 20315,
IHGP is nothing more than a shell, ALEDGED BUYING from a shell
(LUUMS - some guy sitting in his house drop shipping LED's
from China) . No assets, Plenty of debt, dumping shares,,,,
the list is long.
As to the motor, consider this; If IHGP thinks LUUMS is a
a better direction for the company to promote, then my guess
is, the motor would not even be considered for a box of Cracker Jacks.
IHGP "has no substance" it is only going to end in another R/S
Thanks flaflyersfan and midas716; I am now only stuck with the
shares from the last R/S (5000) and DUMPED the other Megs of shares I had.
I feel sure you guys have saved me a few K from getting poped with
another R/S.
I appreciate your thoughts on any LOI’s; but they address a niche market(s). LUUMS products are more than that. LED’s are something everyone can utilize, “think pet rock”, if you have electric, you can use a LED replacement. Broad marketing residential/commercial is what is needed. IMO, the LOI (s) does nothing for any future buyers but promote other entities. This marketing has to reach the buyers/decision makers; Aisle Sentry is not going to reach these people! Do you think that the solar-powered LED lighting systems for construction is going to say “powered by IHGP/LUUMs LED Division! Again, besides us (longs/shorts) who knows IHGP is selling LUUMs products….
Just where would have the “pet rock” have gone if it only sat on a construction light; I am sure you notice it when you drove by it at 55 Mph. If you are a short, all you will ever need is your "phantom" pet rock sitting on the construction light.
Direction needs diverted to marketing and they won’t even start with the cheapest form they have access too, the IHGP web site, with available products.
Yates turned my 1,000,000 shares into 5,000 Dec. 2008 as well.
My problem with this is, there is not any products to view on the IHGP web site; I can not request a color slick/catalog of the LUMMS products from IHGP, much less order a LUUMS LED product from the IHGP web site.
Marketing is my issue. I just can't "phantom" why even a slow start with residential LED's avaiable from the IHGP web site has not come to a reality.
I was the VP with a OEM (private) in the solar industry for years
and marketing is the problem with the IHGP LUUMS LED division.
With a seed from the web site and eBay they could invest for ads in trade publications (GSA, DOD, State County, Municipal, Archetecs, etc.) to get the commercial demand started. Those are the PR releases I want to see.....
Besides us, (longs & shorts) who knows IHGP is selling LUUMS products.. If I was LUUMS I'd been looking for a "new" US distributor for my products!
Marketing develops the demand, a Business Plan will fill the gaps.
The 5 R/S's in the past shows it accomplishes nothing but appearing to fleece stock holders.