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You get as the news release said:
"...Board declared a dividend of one share of common stock of Max Media for every thirty (30) shares of Gold Coast Mining common stock held by shareholders on August 31, 2009..."
GLTY
Max Media could trade at a dollar or whatever
when it gets trading. Estimates are fine
but buyers and sellers (along with MMs and
other manipulators) will determine the SP.
Pick a number.
The estimate of .30 a share is as good as any
and was arrived at through rational means.
I do really think it could trade above that though.
Never believe anything you are told.
Check it out for yourself.
The dividend is not "pegged"
and I don't recall anyone saying it was.
It was "estimated".
It could be more or could be less.
It depends upon what Max Media will trade at.
BTW any one can click on "Trades" above to check the trades.
Just a reminder.
(Extreme top line just to right of center)
GLTY
Warmy - way to go.
Yours is the strategy that will win.
Your other stock is also having a great comeback.
GLTY
In case of GDSM's present operations,
Mr. Michael Chaffee is our well qualified expert.
At some point when the present properties are all producing at
full tilt and we want to go real big, then such a person
might be considered. That may not be to far in the future either.
Those who jumped out may get a big surprise!
But that's the risk of flipping.
They can take it.
They just run off and find another stock to trade.
MMs have an extremely large influence
on the SP but we can't blame it all on them.
or like saying in the daytime it is light
and in the dark there is no light. LOL
But the point is you can't blame it all on the MMs
There is just about 10,000,000 shares
traded today. It was not just market
maker trades. Had those (that were not
MM trades) taken place at the ask
the SP would look much nicer right now.
"If the shareholders of GDSM would simply begin to buy and sell on the ask, the share price would begin to firm up and start its upward climb once again.
This is beyond simple; anyone call follow the reasoning. So stop the bid whacking and selling on the bid. And definitely stop those market sells.
Any questions?"
(direct quote from another good company on IHUB
only the symbol has been changed)
Guaranteed Company is not dumping shares.
The prime directive is to increase shareholder value.
Yes I did a couple of postings on that earlier.
Can be backtracked to the appropriate documents
by starting with post # 13066 then to post # 11406
for the docs.
Looking (patiently) forward to profits on both companies.
Actually there was a clue in the release:
Mr. Cooper further stated: '..."Max Media management has committed to filing current financial information in order to achieve transparency for its shareholders and to shorten the holding period on the dividend shares."...'
1. There would be no holding period if they were unrestricted shares.
2. Becoming fully reporting cuts the holding period in half.
I see that as a good thing.
I think Max Media will become a very prosperous company.
Good luck to all longs.
Rocky
Experts are involved in every aspect of
Managements quest to add shareholder value.
In case of GDSM,
Mr. Michael Chaffee is our well qualified expert:
"...Mr. Michael Chaffee is the President and C.E.O. of Western Sierra Mining. He has over 30 years of mining experience and extensive work history in the Senior Management of public companies, as well as tremendous education, certifications, and connections to draw upon for the benefit of Western Sierra's endeavors.
Mr. Chaffee was previously the President, C.E.O. and Chairman of Applied Biomedical Sciences, a public company of which he was a founding director. Prior to forming ABS, he held senior positions as Executive Vice President and C.O.O. of U.S. Pump and Turbine Company Inc., Vice President, Western Regional International, as well as being a Senior Vice President in two local Investment Banking firms.
His education includes a BS in Electronic Engineering at the Northrop Institute of Technology, 1964, and postgraduate work, Electronics, Business Administration, Biomedical Engineering at the University of Southern California and the University of California at Los Angeles. Licenses and certifications include I.E.E.E. Certification, U.S. Biomedical Engineering Certification, Principals License, New York Stock Exchange/NASD, Captain's License, U.S. Coast Guard and Top Secret Clearance in conjunction with work on development of high altitude and near-space reconnaissance systems..."
News release 7/20/2009.
Yeh they want to get yours.
Real professional stuff!
Looks like Max Media will be a great success.
Happy to have some shares in it.
Not true - do a little more DD.
We need buying (and selling) at the ask.
Otherwise MMs put us down.
Even with good news!
I believe the prime directive here is
"to increase shareholder value"
It is being worked on by professionals.
So far (and I expect it to continue)
they have been doing a terrific job.
Rocky
I look on the divy as an incidental bonus.
The real money will be in the mining
efforts on the table and new ones to come.
right - That was 60M shares well spent.
The dividend shares do not effect the
number of GDSM shares.
chloebware - Your talking about different shares
than turbosig.
This is a no brainer if I ever saw one.
Just buy and hold.
GLTA
Rocky
dragon52 - good post -right on.eom
cjstocksup - There we are in agreement. GLTY
When those types arrive you know
you have something good. LOL
cjstocksup - you better read the post again.
I was stating my opinion which is
quit within the rules here.
We shall see soon.
Would you prefer shares in a stock that
people will sell off immediately?
Unless you are first out the door
you are not likely to get much for it.
The real money here will be made by GDSM shareholders.
Just a reminder on restricted stock.
Read post #11406
Under the new rules
you will find the minimum time is 6 months
for fully reporting companies and 12 months
for non reporting companies.
Dividend IMO will be restricted.
It is in our best interests as
a rush to sell Max Media shares
would put those shares down.
If the shares hold or increase there value
we should have some nice cash next year.
In the meantime the development of our properties
should take GDSM's share price away up.
GLTA
Rocky
IT'S AN OPPORTUNITY THAT WE SHALL NEVER SEE AGAIN.
Well said lytnup.
GLTY and to all investors in GDSM.
Rocky
re "Something to ponder going into August......"
Sounds preponderous and I'm pondering on it. LOL
IT'S AN OPPORTUNITY WE SHALL NEVER SEE AGAIN.
GLTA
Rocky
No matter, they help get the word out
and those that see what we do will stick with us.
It's going to be a wild ride.
Pennies to dollars - I like that.
Actually it should be sub pennies to dollars.
In any case it's the ratio of where you get out
to where you get in that counts.
Hope you all have a nice big number for that.
The new week starts.
Let the games begin (or rather resume).
GLTA.
Rocky
Very well done for a Friday guys.
Have a great weekend all.
Looking forward to next week.
GLTA
Rocky
LEVEL2-1529-ET:
your just joshing again. LOL EOM
Yes, the more MM's the better.
Looking forward to next week.
The higher gold the better for us too!
GLTA
Rocky
Level2-1450-ET:
Level2about1317-ET: