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Totally miss the point, just because. It's a great way to invest and / or trade.
Apparently some believe there were only violations in 2017, even though proof of stock manipulation was posted by me in 2018, 2019, and 2020.
As i said several times, if an individual can see it you'd better bet the SEC and FINRA can pick up the manipulation using their own pattern matching algorithms.
Holding on for dear life until the next set of charges against the next group of penny stock scammers occurs is clearly a working strategy.
As I said earlier, new share issuance isn't something I am concerned with.
As far as what I looked at: I only ever post a fraction of the DD I perform. This is a little indicator, because as you know it wasn't as by anyone else on this forum.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158733716
Best of luck
Positive that the company is generating net income, negative that revenue is dropping due to secular declines in the international long distance market.
But more important short-term is the number of shares that will be issued post split.
I suspect some are selling their $KOAN Common to pay off the SEC penalties and disgorgements they incurred.
https://www.sec.gov/litigation/complaints/2020/comp-pr2020-218.pdf
The SEC says traders and investors in $KOAN / $TXHD were scammed by stock scalpers.
https://www.sec.gov/litigation/complaints/2020/comp-pr2020-218.pdf
$TXHD / $KOAN got its own little mention in an SEC fraudulent schemes and federal securities laws stock scalping legal action.
https://www.sec.gov/litigation/complaints/2020/comp-pr2020-218.pdf
$0.25 is the post-split conversion price point for much of the debt and the Preferred. $0.20-25 is where I expect $GOIGD / $TRWO will settle once normal trading resumes.
Not concerned about that price TBH.
Actually its disclosed in the most recent Quarterly reports.
https://backend.otcmarkets.com/otcapi/company/financial-report/258554/content
In any event stocks move up and down in price. No conspiracy theory there. I chose to close my position pre-split. That was tactical.
As I said, the last reverse split was in 2008 and there had only ever been one prior to this current split.
I wonder why the ticker symbol wasn't changed along with the name? Would have kept everything nice and tidy for the new managers.
Nobody knows in advance, that's why its risk capital. The insiders, family, and friends can all believe they are doing the right thing and still end up crashing the value of their holdings / "cut their own throats and reap financial ruin on their loved ones".
Time will tell, as always.
The only people who should care are those who have an active investment, or those who are watching from the sidelines with the possibility of an active investment.
The ticker is doing its own thing. My guess is probably next to none of the trading is a result of this forum.
I hope that anyone who has an active investment doesn't lose it.
$GOIG's last reverse split was 04/11/2008 at a 1:200 rate.
https://www.otcmarkets.com/stock/GOIG/security
Since it's been 12 years without a reverse split, and there's only ever been one, the chances of getting a second split approved now are really high. More so since $GOIG is currently audited and there's new management team in place.
My guess is the name change, ticker change, and reverse split all happen simultaneously.
Team building is different than traders and investors individually profiting, as well as the company itself profiting from returns on its investments.
The reverse split in $GOIG is a mechanism to dilute current common shareholders. Since most splits on the OTC result in a loss of wealth due to dilution, its generally not beneficial for individual investors and traders to hold through the split.
Fantasy is not a trading strategy. Its even worse than hope because its delusional.
You should be able to request paper certificates from E-Trade, at a price.
Look up the other conversions. This is only one for one deal.
In any event what really matters is the effect on ones own trading / investing account.
After this time there's no more $GOIG. It'll be a different ticker and different corporate name.
Doesn't mean I won't be back trading it, but I'm not holding through a reverse split where the management stated there would be dilution. Neither should anyone else.
Better get out before the reverse split becomes effect. The amendment has already been filed, and shareholders holding through the split will be wiped out.
https://www.sos.state.co.us/biz/ViewImage.do?masterFileId=20171970391&fileId=20201855639
I made money trading $GOIG several times over the years. Now the reverse split is happening its the end of the company as people know it. I'm out with my final profits.
$GOIG R/S document. This is now the end of $GOIG. Just needs the name and ticker changes to complete the process.
https://www.sos.state.co.us/biz/ViewImage.do?masterFileId=20171970391&fileId=20201855639
Says everyone who doesn't know how to trade.
$GOIG is reinventing itself as a company that invests in basic profitable industries.
The risk / reward is different going forward. It's no longer a question of if revenues can be attained (those are guaranteed in the FedEx routes which have been acquired), its can profits be generated from those revenues.
I thought about this company often over the past few years. I changed my opinion some time ago. Its relevant with the new management team and the change in operational direction.
I don't believe Ike Sutton's vision was wrong in the Go800 product, but it wasn't big enough and didn't have sufficient capital backing.
Functionally Go800 worked, however the cash burn required to get to launch meant the company didn't have enough remaining capital to offer a subscription at a price that competed with Yellow Pages.
For the new company it's not getting to revenue which is the issue, but vision:
1. Will investing in XYZ FedEx routes reshape the market for package delivery?
2. Is there some technology or product that will differentiate $GOIG from other similar companies?
3. Is there going to be some kind of integration between the acquired FedEx routes and some goods shipped to customers within those areas?
4. Why not simply buy $FDX (the other side of owning $FDX routes)?
If you read the filings Ike Sutton is in fact out. He is no longer a related party, and hasn't been for about five months.
"...As of December 31, 2019, the balance in related party payables amounted to $302,031. The Company had an oral agreement with the Company’s former CEO (Isaac H. Sutton), who provided management services through a private entity that he owns. On April 30, 2020 Isaac H. Sutton stepped down as CEO of the Company and is no longer a related party. The related party payable was converted to a convertible note payable in the amount of $300,000. The balance of that convertible note payable as of June 30, 2020 was $236,000. See Note 8. ..."
https://backend.otcmarkets.com/otcapi/company/financial-report/258082/content
An iHub savant "trader"
After a long consolidation cycle its possible to see a repeat. Maybe this is the year, but with better business outcomes because the model and management team have already changed. Who knows.
Surprise to see you here. It was about 10 years ago when $GOIG went from $0.0004 to $0.061. Its been a very long consolidation period.
Waiting for the mental disease or defect defense.
As far as we know, Mark Schena is still male, so the psychosocial consequences of violence, trauma and victimization, including violence against women, won't be available to him.
https://www.reuters.com/article/us-theranos-holmes/ex-theranos-ceo-holmes-puts-mental-state-at-issue-to-be-examined-by-u-s-experts-idUSKBN2612Q3
$ARYC = Theranos 2.0, but wait for the plot twists as Mark is neutered.
$ARYC won't make any statements until all the court cases are resolved. Basically don't expect to hear from the until 2022/23 at the earliest. That includes no financials.
$KOAN 21,953,202 shares outstanding as of 09/04/2020
Its always rainbows and unicorns in La La land.
The first one to cut a deal gets the most lenient sentence.
Now its known Nielsen's phone has been seized, one can assume his email address has a subpoena attached, as does his phone service provider, internet provider, etc.
The DOJ is probably looking into other message boards or fora where these people coordinated their trading activities.
Also the reports about people visiting ArrayIT's office: if those people were trading the stock and communicating with Schena and / or Nielsen that's a criminal conspiracy ring.
Not the only phone seized by DOJ with respect to ArrayIT and $ARYC the ticker.
There's almost nothing implemented correctly on that site. I won't waste time pointing out errors because there are too many.
Hilarious attempt at a redesign, but a total failure.
Why didn't you provide Hector Costello the $ARYC DOJ litigation link?
https://www.justice.gov/criminal-vns/case/Arrayit
I have been saying Mark Schena behaves like a communist for months.
Tie the dates and timing of Nielsen's trades to the dates Mark and Rene Schena released tweets about the (now proven fake) release of financials.
Tie the dates and timing of Nielsen's trades to the tweets about sales, contracts, etc. between $ARYC and other companies.
Tie the dates and timing of Nielsen's trades to the tweets about ArrayIT being invited to events (probably rarely, if ever, attended those).
This can be taken several layers further to prove direct communication (voice, text, email, etc.)
This much is for sure: the longer Mark drags out his plea bargain, the longer his prison sentence will be.
If his case is brought to trial / not pled out, he'll get the max sentence possible.
Only "experts" continue to trade $ARYC, however they seem to be far and few between.
https://www.otcmarkets.com/stock/ARYC/overview
With open investigations from the DOJ and SEC, a criminal prosecution being sought by the DOJ against Mark Schena, lawsuits from Universidad Nacional Autonoma de Mexico agsinst Arrayit Corporation, a trading ban placed on Jason Nielsen for his pump and dump in $ARYC Common, the loss of Mark Schena's passport, the suspension of Mark Schena's trading account at E-Trade, and more, I can't imagine why everyone isn't jumping all over the cheapies.
Call it the ring of "insiders", not in the traditional sense, but more in the sense of those who had access to material non-public information and traded on it. Basically the crew that helped Nielsen and the Schena's inflate $ARYC's stock price... at the expense of everyone else: "the outsider" shareholders.