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Volatility makes a market and creates liquidity for execution in or out. For a lack of words " volatility is good "
Doesn't work that way. The close is $.037. After hours trades do not change the close or the open the next. However that is not say it won't trade at .0446 on the open? Should it not that purchaser paid an $8,700 premium for their shares
Isn't it great when the CEO doesn't even know? How can authorized shares be less than the issued, or SO?
The Authorized is 1,000,000,000 and the SO, or issued as he states is 396,132,391. Would assume he is correct on the float, which leaves the 200MM restricted out the ready to hit the market at some point
Well on yahoo he claims the stock won't go above. $.15 and it will take two years to even possibly get there? So if us restricted shareholders take credence in his analysis, then of course people are going to get while there is something to get and no matter what the company I believe people will take the hit and liquidate ?
Frankly, IMO we are looking at the highs and all this buying is just spec and not position and when the spec buying stops those same spec buyers will become sellers.
Are u kidding!
396million+
Another believer just dumped 900K shares
You also forgot to mention the late Darren West former CFO of GAC who dumped his 4+ Million shares on the market at $.05
So it is from the "New Hobday Era" as well
And there is another 200 Million that will hit the market as soon as the attorney Butler stops making shareholders jump through hoops to get it done.
Most of the restricted shareholders that are in from 2010 to present haven't even gotten the legend removed. As well most if not all are in over $.15 to upwards of $1.00.
That's right 200MM over 1/2 of the outstanding
You have a valid point on the bashing. But, the bashing for the most part is resentment of us you have been BS'd for over 3 years with ridiculous PR's, ever delayed filings and even more so the insulting of any normal persons intelligence! Like they say, "I am from Missouri the Show Me State"
The stock is @ 2 - 3 cents so deal with it from there. Build a company, do the right thing, then get on a soap box and pat yourself on back until you wear a hole in your shirt! But don't be an Obama, blame your predecessors, when you were waist deep with them and when there are gone tell everyone how and what a great job your doing? Look how it's working out for him.
Good Post Bar! The long & short of it here; u have ONE guy touting the stock being feed direct info from the CEO (insider info??) to penny flippers on a stock blog board, how pathetic is that! Shouldn't the great and educated GAC1 be pitching their great company to IB's?
Standard or not, GAC cannot service their debt
No money, same story, different day
In order to repay our obligations in full or in part when due, we will be required to raise significant capital from other sources. There is no assurance, however, that we will be successful in these efforts.
Cash Requirements
We had cash available as of December 31, 2013 of $61,723 and $87,325 on December 31, 2012. Based on our revenues, cash on hand and current monthly burn rate, around $60,000, excluding professional fees and consultants on an as needed basis, we will need to continue borrowing from our shareholders and other related parties, and/or raise money from the sales of our securities, to fund operations.
No one mentions the outstanding, or current debt? As far as Blackhawks revs that is in their pockets and yet to be seen what if any it will do for GAC in 2014?
An iHub poster who writes a pro-blog for GACR???
http://michaeldesantainvestments.wordpress.com/
A iHub poster who writes a pro-blog for GACR???
http://michaeldesantainvestments.wordpress.com/
Who cares!!!
Excellent post bar! No one shorts a 2 cent stock let alone even a 20 cent stock. This is just another deflection by the pumpers...
Of course, but I guess Darren West the CFO doesn't believe in the numbers he is responsible for and dumped his stock on the market for $.05 per. This stock has been getting dumped on daily for the past two months or so by the people who started this and those that are close to it end of story. Hobday can wish, rub his crystal ball and say whatever he wants. This company has or claims to have a product line which is made up of components of multiple manufactures and either assembled or resold by their so called "Niche" company = a very small profit margin! So how could you compete with any manufacture who produces their own in house product let alone being public entity. It's a joke IMO look at the trades, sea of Red with huge numbers, every day of NON Believer's
Then we all go drunk & high on Safari, priceless!
Another BS PR today... Increasing wine tours, please! We can all do a Safari-Wine Tour LOL
Bar got ur message thanks! It is comical that people don't have a clue who is dumping the stock and it will continue until they all have unloaded
And delusional!
Spot On!
Ok, keep buying GACR that in itself explains you!
Are you bloody serious!
Buy a new compass!
Just beginning! The only thing holding this up are the MM's, the company is taking it in, or both?
Either way, it is a POS. IMO and the rest of the sane world!
CFO Darren West
Looks like Darren West CFO is selling 4.2+ Million Restricted Shares of his own @ $.05? Like to meet this guy, buys restricted stock @ current market price??? I guess Darren is a real believer in GACR and why should he be?
http://ih.advfn.com/p.php?pid=nmona&article=61039054
Still Happy? Time to unload, you saw the pump, now time to dump!
Unfortunately not today -:(
Indifferent, but more attractive than where it has traded. The company needs to get off their ass and do something
For every 100 shares you own, as of 2.21.14 it will be converted to 1 share. For example if you now own 1,000 shares on 2.21.14 you will own 10, however the valuation of your stock at the time of the split will be the same. As of today the stock is trading @ $0.015 and with the split if it were today the stock would trade @$1.50 per
Read it
OTCmarkets DiMi filings
100 to 1 RS coming 2/21/14???
Welcome to Penny Land!!!
And the stock is getting slammed! A new story, same result! Company is a POS and always has been, no matter what rabbit they pull out of their hat. IMHO