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Sounds like the pps could go over 20 cents. In fact, a buying frenzy might even cause it to go over 40 cents.
Then all the nay-sayers and skeptics will be 'crying in their beer'; wishing they had never given up on GDGI.
But we know that history repeats itself over and over again.
People usually buy high and sell low, and that is why over 90% of those who buy stocks lose money.
Go GDGI
I wonder if someone were caught making a racist comment if they could be forced to sell their shares, and then we wouldn't hear from them again. Maybe a tape recorder could be planted at someone's home.
(All said with tongue held in cheek)
Go GDGI
The post I am replying to here has been reported for a possible terms of service violation. I am really fed up with the sarcasm and negativity displayed.
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Wow. Am seeing a lot of negativity here on this board. You guys need to eat an apple and chill out or something. Come on, GDGI has not yet recovered from the scam of the Levy's and the lack of payment a couple of years ago from the Mexico deal.
Ben has been working at another job until GDGI can pay him enough to make a living...Helloooooo. The new team was recently hired in anticipation of the 5+ Million restitution that is coming.
The commercial deals that GDGI has been working on take a LONG time to land; just like when you land a Blue Marlin (very big fish in the ocean).
You guys need to tell your wives to be more patient (I know that this is the biggest source of pressure for you married men).
So it looks like the Levy money comes around early fall or so;
then GDGI gets to actually 'get of the ground'. It will be months after that until we get the PR about something real that is happening.
That's why I said (a couple days ago) that the Spring of 2015 is more than likely the time that the pps moves significantly.
If you just can't hang in there till then, just unload your shares and forget about it. Then you can post next summer about how you wish you would have been more patient, but it will be too late.
Go GDGI
Well tomorrow is June 1st, and I have to admit that I am disappointed that GDGI did not at least file the 10-K annual SEC report. But I am holding my shares firm, waiting for the days following the time they get the $5+ million in reimbursement money from the Levy case.
We may have to wait until the Spring of 2015 to get the bump in price per share we have all been waiting for; but it should be well into pennyland.
Go GDGI
I wonder if a certain guy married a lady who looks like a movie star? ---- It has crossed my mind that this guy used to post under the handle "Gnosis".
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This is kind of like fishing. The bigger the fish, the longer it is between the times when they are interested in your bait.
We used to set out another pole to catch some pan fish action, just to avoid being bored for too long.
You can always sell some of your holdings and day-trade stocks with that part of your money; if you need to have action. You might catch a few small percentage swings with that.
Go GDGI
My, how quickly some people change. Last year the annual report came in mid May. I look for it around that time.
I think 'Phily' is going to be surprised.
JMO
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I would say that we will be getting the annual report this month.
That could possibly explain Ben's not responding to E-mails.
Why would he waste his time with that, when all the information we seek is forthcoming.
Hang on guys. Pennyland is almost here.
Go GDGI
The annual 10-K report requires that the financials be audited.
The lawsuit proceedings may have also required it to be done, in which case Ben killed two birds with one stone for GDGI.
Pennyland, here we come.
Go GDGI.
The annual report will probably give us all a huge boost
when it comes out. (Probably in May, which is not far away).
Pennyland is just around the corner.
Go GDGI
Most likely he meant $.01.
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Actually, I would prefer May 1st myself. I have another investment that I would like to put some of the winnings from GDGI into.
Go GDGI
My opinion is that we will be in Pennyland by June 1st.
Go GDGI
Hey guys, we closed green today; $.004.
I noticed that one poster's switch-over-to stock (WA**) is floundering downward. ("Grass is greener on the other side of the fence" isn't working out too well there.)
Go GDGI
There was a movie that came out many years ago named "Camelot".
In that movie, King Arthur had asked Merlin about a problem he was having with a woman and he recalled what Merlin told him by singing a song titled "How do you handle a woman". The answer to the question was "simply love her, merely love her".
Of course the standard answer that most husbands give now is to just say "yes dear" most of the time.
Go GDGI
Steve;
I remember you mentioning that you would push GDGI over the penny mark at some point. Is there a pps level that you are looking for that will spur you to do so? .008 , .009? Or would it be a certain type of PR, or the annual 10-K report?
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I have been watching another stock for over 3 years that has languished in the sub-penny zone for about 2 years. In the last couple of days it broke the penny barrier from about .006 to more than double at .013 today. It did this with NO news.
Just think what GDGI might do WITH news. Oh yeah!
Go GDGI
It was previously assumed that the seized funds would be awarded at the time of sentencing, but this was discovered to be incorrect. We later became aware that compensation funds had to be applied for subsequent to sentencing of both David and Donna Levy. As far as we know, Ben has begun the application process.
The actual awarding of monies is a couple months away.
Go GDGI
Chart shows that there was a surge in share price at end of February and early March of last year.
Go GDGI
Annual 10-K report due by April 1st; just over a month from now.
I did not buy any shares today.
Go GDGI
Thanks for replying.
Say, I have been around penny stocks for a while now, but have never run into one that has an EPS that is almost 10 times the price. Usually it is the other way around and it seemed so crazy that I even double checked another stock site to verify that the EPS was correct.
Does anybody have any knowledge about this kind of scenario?
I have a question that maybe you can answer. How is it possible for a stock to have earnings per share that are around 10 times what the price is? I just ran across this recently, and was wanting to know how.
Thanks in advance for your thoughts on this.
It's all good, my friend.
Go GDGI
Just some side note musings, but let's say GDGI has profits amounting to just $1 million by Spring of 2015. (This would be possible if they can fill a few 500 commercial unit orders by then.) This would mean a per share profit of about what the share price is running now; .004.
During the 'dot.com' era of the 90s, I remember some companies having price/earnings ratios of over 100 to 1. Not saying that this will happen, but it COULD happen; (even though the normal range for PE ratios is between 10/1 and 30/1.)
That might give us a price of 40+ cents a share.
Now wouldn't that be really cool.
In the normal range of PE ratios, we would see the more likely
4 cents to 12 cents a share.
(All of the preceding is pure speculation for the sake of doing a little dreaming of what MIGHT happen by Spring of 2015)
Go GDGI
The reality of the situation here is that we may have to wait till 2015 to see the 5+ cents that we are all waiting for to have the shareholder party. It is probably true that some here have begun to share that view, and that would account for the dumping of shares we have seen lately by those who are not wanting to wait that long.
Some friends of mine recently asked me for some advice about investing in stocks. I told them about GDGI as being one of the best places to put one's money that has a good risk/reward ratio.
I said that the worst case scenario was that they would double their money by June of 2015. The other end of that scale would be that we could see GDGI hit 10+ cents a share by then.
GDGI gives a great opportunity, from an investment standpoint.
Your average 'good' investment vehicles out there give only a fraction of that percentage increase in the same time frame.
Among them, a 12% annual rate of return is considered very good.
GDGI is where its at for the long term non-stock-flipper.
Whenever the report is made, we don't have long to wait.
Go GDGI.
Someone announced on February 12, 2013 that the annual report was just posted. The post # is 11154 and it includes the link to the report.
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=99097
Go GDGI
My guess is that either Gnosis got fed up and sold all his shares, or else his surfboard hit him in the head and he has been in a coma for some time.
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Scroll down 2/3 of the page here and look on the right side.
There is a box that has "Annual Report" at the top.
At the bottom of that same box there is another entry that says
"annual report" in small letters. To the right of that the date given is 2/12/2013.
My memory says that it is a 45 day time limit for the annual report of a pink sheet stock like ours.
Go GDGI
I went back and double-checked the records; Scottrade and
Pink-sheet charts show a huge movement in pps late February, and reaching a peak in first few days of March. I don't know why Scottrade has 4/1/13 for GDGIs high of the year, when their own chart shows it as around 3/1/13.
I am thinking that it was the annual report on the 12th of February that started that large upswing in GDGI's share price.
Scroll 2/3rds way down on this board's page, and it is the last entry in the box that is headed "Annual Report" May 24, 1023.
At the bottom of that box it says 'annual report' 2/12/13.
I don't know why there are two different annual reports given, but I am sure I remember the annual report that had an impact was well before 5/24/13.
At any rate, the record shows that the high price/share of the year for GDGI occurred in the first week of April.
Keep in mind that the general trading market does not know about some of the things we have uncovered through DD, so next week could be really big for GDGI.
Go GDGI
I was only speculating about GDGI possibly being the one who sold shares yesterday. The important thing is that the annual report will be coming out by next Friday. That is what the audited financials were for, and there will be things in that report that have not been allowed to be told so far because of insider trading rules. We could all be surprised by what may be in that report.
Go GDGI
Hey everyone, I happened to see the schedule for last years SEC reports and saw that GDGI made an annual report on February 12th.
That tells me that the deadline is probably 2/14/2014, which is a week from tomorrow.
The selloff yesterday may have been GDGI raising the money to make the annual report.
Next week could be rock and roll time for GDGI.
MG, if you go back and read my post again, its not the high percentage of one's portfolio that I was addressing as not being a good idea. It was the fact that some do not have the most basic thing; an emergency fund of cash or precious metals.
The emergency fund should be a minimum of 3 months of living expenses.
Such a fund should never be a part of a stock portfolio at all.
Stocks can become worthless, but precious metals never have.
Of course cash is king; just don't have too much cash because it goes down in value over time.
I got a bunch of 90% silver coins back in 1999. Had an emergency about 4 years later where I had to sell half of them.
The other half is now worth 4 times what I paid for them, and I have not touched them because I consider them to be my emergency fund.
The wisest advice that the 'experts' give is that one should never go overboard on one stock. Now in the case of GDGI, one could make exception to the 4% of portfolio rule because GDGI presents such a phenomenal opportunity of risk/reward ratio.
But to fail to follow the most basic financial advice that exists(having an emergency fund) is plainly a very bad idea.
Having several million shares of GDGI means that one has invested many thousands of dollars of their capital in one security.
It simply does not make sense to have that much money tied up without having any cash or precious metals set aside for an emergency. The minimum amount that one should have in an emergency fund is the sum that it would take to sustain one financially for 3 months in the event the source(s) of income dries(dry) up.
I see why the emotions are so intense on this board concerning GDGI. Some of you have overextended yourselves, so that the smallest disappointment gets your nerves frazzled. Several times now I have seen someone panic over a relatively small amount of money needed for bills.
Hey, chill out guys. The fact that some of you didn't follow the most basic advice, any financial advisor will give, is not the fault of the rest of us.
We should all be pleased by April; June at the latest.
In stock market time, that is 'soon'.
(I saw that movie "Sharknado"; pretty wild)
Go GDGI
I am wondering why everyone is still focused on the proceeds from the court action, since Ben said that the Levy money would not make much difference. (The "difference", I suppose, is in reference to the company itself and not his personal situation of restitution funds due him.)
There must be something really huge in the works for him to say that, or else he was just expressing a knowledge that GDGI would not be getting much. The first instance is probably the most likely to be the case, since a large sum of money coming to GDGI would make a big difference unless there is something behind the scenes that will be made known later.
Remember too that near the end of last year Ben mentioned audited financials, which indicates that an annual 10-K report will more than likely be filed with the SEC. There may be things in that report that Ben has not been allowed to disclose, to keep from violating rules concerning insider trading.
At any rate, better days are ahead for GDGI.
Try to be keep your head and be patient.