Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I got the following email from Alli yesterday, was not successful in contacting Doran, glad he responded to somebody. I just finished dumping the remaining 10M shares I was holding on to, this one looks to be headed south to hang out the the other zero bid Gelmon stocks, unfortunately.
I think this time Gelmon got burned by Johnny Smith (a.k.a. Johnny Famous a.k.a. Big Scoob) otherwise it would have been a good opportunity I think.
Probably better to take the money and run now before it goes any further south, the company has gone dark and will not respond to any inquiries.
Also, 1760 pairs is nothing compared to what is needed by the company to pay back some of that debt. Sad but true, I have to say adios amigos!
Going back to swing trading LOL, GOOD LUCK TO EVERYONE!
Nice work, I have been able to confirm they were at the LA and San Diego shows also, not sure about the Phoenix show.
I am talking to Alli Johnson and Doran Ramos now, I will let everyone know what I discover tomorrow.
GLTA!
The previous email you posted sounded more legit.
This email sounds kinda bogus / made up if you ask me.
I will give you the benefit of the doubt and follow up with her tomorrow to verify you actually contacted her.
sounds good hopefully we will hear something soon from them been a while since the last PR the next one should get some interest back into the stock.
Cory Gelmon contact information
Telephone: 310.909 -3830
Email: Cgelmon@telusplanet.net
Also the shoes would be stacked in boxes behind or under the display table the photo was a close up of the pair of shoes the blogger purchased.
The photo shows a picture of the display table with some shoes on it.
Saying there was only 5 pairs is like saying there was only one pair sold for $48 because a blogger mentioned buying a pair at the LA fashion show.
The shoes exist it is clearly evident.
That observation seems to be 10% fact 90% fiction.
Please do not twist the truth here, I was talking about the Phoenix show earlier and not the LA show where the pictures of the shoes were taken.
The LA and San Diego shows had a very large turn out you can see that from the sticky not video at the top of the board.
I have never walked into any shoe store and seen 2 shoes displayed, it is always one shoe on display and the boxes are in back.
And here is a picture of the shoes from the JF booth in LA.
There also was a nice write up on JF shoes below. The blogger even bought a pair for her brother, if that's not proof don't know what is.
"The rich mustard, emerald and crimson suedes of Johnny Famous Shoes were gorgeous, so we bought a red pair for our brother for a mere $48, more than half off retail. JFS is a new line sold mainly in NY, though it manufactures its shoes in Mexico. They make a fine looking product that nods to those kinds of gents who like to wear loafers but prefer the comfort of a sneaker, and comes in a beautiful wooden box and velvet bag for safekeeping."
http://la.racked.com/archives/2010/12/06/soon_to_be_famous_thread_la_indie_shopping_event.php#threadla-4
I would be surprised if you did see any proof here. Most of what I have been seeing is 10% fact mixed with 90% speculation, you just cannot do that when researching a stock. People need hard facts in order to make an informed decision.
Lol nice try, but no seeds of doubt planted here my friend.
As I have since found out the THREAD show is a pretty big fashion event that is hosted in LA and San Diego, and JF shoes appeared at the last 3 events...HUGE!
To have your product exhibited there is a big win for any organization not to mention the exposure, the recent blog post is a good example of that.
Here is some further information from their website.
Sure thing, we definitely have to keep on our toes here.
There is a lot of misinformation out there and we have to be careful of who we are listening to.
I see a lot of posts that contain 10% fact and 90% speculation.
GLTU.
The fact is there are shoes, we have seen them at the fashion shows, and it is just a matter of time before a PR is released and PPS skyrockets.
Clearly we need more facts and less guesswork presented here.
No there never was a pair sold at any flea market, the claims that they were are clearly false.
Clearly there was a blogger, who by the way did a very nice write up on Johnny Famous Shoes which were exhibited at one of the THREAD fashion shows who mentioned they purchased a pair.
Here is more information on the blogger with a link to the actual review if anyone is interested.
"The rich mustard, emerald and crimson suedes of Johnny Famous Shoes were gorgeous, so we bought a red pair for our brother for a mere $48, more than half off retail. JFS is a new line sold mainly in NY, though it manufactures its shoes in Mexico. They make a fine looking product that nods to those kinds of gents who like to wear loafers but prefer the comfort of a sneaker, and comes in a beautiful wooden box and velvet bag for safekeeping."
http://la.racked.com/archives/2010/12/06/soon_to_be_famous_thread_la_indie_shopping_event.php#threadla-4
Everyone - this is great example why I tell people to check facts and not take any one posters claims as legitimate.
You are right there are only a small few penny stocks that would even be worth considering as a long term investment.
Most are stinky pinks, you buy before the news and ride up for the gains.
We know there is actually a real product here which actually makes this one more attractive than most.
Additionally there seems to be an active base of posters on this board which also indicates this stock will move on news.
GLTU.
The video clearly shows the trade show where Johnny Famous Shoes were exhibited is not a flea market as you claim, that was the primary purpose of the video posting.
Obviously the fashion shows have been a huge success for THREAD, and the fact that Johnny Famous Shoes where exhibited at the last 3 THREAD shows speaks volumes for the legitimacy of the product.
It's called DD.
Pink sheets are not an investment opportunity LOL, they are a trade plain and simple.
If you want an investment you would not be looking at pink sheet trades you would be looking at blue chip stocks.
This is a spin of the roulette wheel, plain and simple. All pinkies are the same if you look at any OTC board you will see the same type of comments, gloom and doom trying to get the stock to drop a few ticks, it is actually comical.
They run on news plain and simple. If we get news then it will run otherwise we will continue to trade at these levels.
If a few longs get scared by the ridiculous claims on this board and sell before news then the stock may drop a point or two depending on the quantity sold.
I agree there seems to be a lot of wild, baseless claims that are purely speculative accusations. IMO it seems to serve only one purpose, to cause fear and doubt in the stock.
The best advice is to ignore them, if they provide no proof, no links, only guesswork, it is better to do your on research than listen to an anonymous post.
Cheers!
Not sure where you are getting your facts, or who you claim stated there was never a product, there clearly is a product.
The shoes were exhibited at three high end fashion shows in November and December, claiming there is no product is a false statement to say the least.
Once we see a PR confirming final delivery and destinations the stock will soar, I have no concerns there.
Well you are certainly entitled to your opinion, no matter how speculative or incorrect it may be.
I disagree with you, we are looking forward to seeing some monster gains in January.
The next PR will send this one skyward IMO.
Chao!
Yep...a moment of panic can mean the difference between rich and poor.
thanks tbrays the best of luck to you as well in this new year.
no, there is no conversion going on and it looks like everyone is holding on to their shares.
Happy New Year!
Wishing everyone a safe, happy and profitable new year to come!
I never questioned the authenticity only the validity of the older filing(s).
I only am concerned with information that is mentioned in a PR, SEC filing or a verifiable link.
People can post anything they want on a free board, there are no checks or balances here, yesterday was good proof of that.
As far as the shoes being shipped it is anyone's guess, however according to the last PR the shoes should have been shipped by now and are in the USA.
I am going to believe that unless proven otherwise.
Also we know we have seen them at recent fashion shows and hopefully we will hear more news on store delivery soon.
When news hits the stock will run again.
Bottom line unless it is verified it is only rumor and speculation.
well said.
Even as you say...
$0.0006's back up again.
I agree with you on that one, better his name is left out of the picture at this point lol.
I don't think Gelmon is the problem here, the stock is obviously down on rumors, that's what I see.
A few longs panic sell and it will go down a few ticks, especially if they are holding a substantial number of shares.
We know there is a product, we have seen pictures and also know they were exhibited at 3 recent fashion shows.
There may have been some trouble getting out of the gate, however once we get some positive news I believe it will go up.
What rule seems to hold true in with stinky pinkies is they move on rumors, good or bad, and sometimes you get lucky, sometimes you don't.
Welcome to the dark side of trading.
Looks like we are bouncing we are at 0.0006 now.
This seems to be a last ditch effort to get some cheap shares before the next PR, don't fall for it.
Not at all and I don't believe it, it all sounds very suspicious to me.
Someone got scared and jumped ship that is about the extent of it.
Anything else is pure B.S. just another thing to start wild speculation about, how convenient huh?
The authenticity of this email looks questionable to me.
I have read other emails that have claimed to talk to him, all worded differently, each sounding like a different person.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55086028
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55084861
Some say from...
doransantiago ramos <doransantiago@gmail.com>
and others say from...
Duran mexico <doransantiago@gmail.com>
Suspiciously looks like a cut-n-paste job to me.
My guess is the guy sold his positions then posted the fake email to try and scare everyone else, who knows the motive.
I am not too worried about this, the next PR will tell the rest of the story.
You are probably right, no one is selling and most of the float has been locked up.
Looks like everyone is holding on to their shares.
I don't blame them either once news hits the PPS will soar to .005 or higher most likely.