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Thought there were 345M shares?
The post from 4/21 mentioned the letter
IN the post from 4/21, the following was included:
Come on op9171787....
... Just close all your posts with "IDNG all day" and everything will be puppy dogs and lollipops and we can get on with the lovefest. Ha.
IMO - Facts are facts. Excessive posts about how awesome someone is will not sway my investment decisions. Real DD will. And a lot of great information has been provided here by the team and I'm grateful for their work.
But sheesh... gotta ease up on the virtual lap dances.
The spread is awfully wide, no?
Letter to shareholders?
Anyone get one yet? Was supposedly being finalized the week of 4/21.
Moving at a snails pace would be a welcome addition at this point.
DD and Facts are great.
They provide potential new investors with good, hard data on which to base their investment decisions. Telling someone they might as well burn their money if they don't invest in IDNG is counterproductive in my opinion. When I see outlandish claims like that, I immediately think P&D and run away.
Just a thought.
All companies should have the CFO manning the phones?
You're joking, right?
I understand the idea of transparency. But, transparency isn't having the CFO answer calls as there should be more pressing matters to attend to.
No doubt the CFO can answer questions
I'm not saying that to question his abilities. I'm questioning the company's structure. How many companies with a market cap of $375,000,000 to $750,000,000 do you know where the CFO fields the phone calls? I'm guessing that number is exactly zero.
It's odd to me that the CFO answers the phone.
You'd hope it were a larger, more structured company, no?
A little over 500K.
Do what math?
Market Cap is currently $2,625,000.
IF the price moved to $1 or $2, Market Cap is $375,000,000 to $750,000,000. That's a HUGE difference.
(Trust me - I hold lots of shares and want to see great success here as well. But I'm going to do it realistically.)
Yeah, I get that....
but how much is coming out in that 10 k that's moving a $2.625M company to a $375M to $750M company?
Seriously?
So you think this company will be worth $375,000,000 to $750,000,000 this month?
Seriously?
L2 is very helpful....
... when there are buyers!
Hopefully we see some buying activity with the forthcoming information.
What triggers changing auditors?
Is it strange to anyone else that auditors would be changed midway through preparation of statements causing annual filings to be late?
Agree with your thoughts, ManFromBeach
The plan set forth sounds solid and I sincerely hope that we see those plans come to fruition and then we see growth from there. Definitely speculative in nature. I can't wait to see the plan unfold and see the traffic and interest generated by the national plan. I hope that the proper infrastructure is in place to handle marketing, production, deliveries, and importantly - customer service. Happy customers are repeat customers.
"Patience" always seems to be the name of the game.
And what a game it is. I've been a shareholder for over two years. Want to know how many times we've been told financials were en route?
At this point - I'll believe it when I see it. Until then, I'm not getting any hopes up. This company has some great products and has vision and I would absolutely love to see the company and the shareholders do well. We're going beyond two years of empty commentary. Nothing has changed. Sure, the Vortex came out and ten-plus patents were filed - but there's no record of those ten-plus patent filings on the USPTO. Financials.... Nada. Press releases? Nope. Transparency about the company? No. What happened to warehouse in whichever Carolina? How about the Vegas office? How about the cake business? How about the hemp chocolate company collaboration? Etc... etc...
I'm still holding my shares and will continue to do so. I do believe that Grant and the company can do great things. But I'm holding my shares with full knowledge that I may lose every single penny I've invested.
Averaging down? Nope.
I've thrown all the money I'm willing to throw at GNGR for now. Until I see some sort of information (i.e. financials that have been supposedly in the works for years), I'm taking the T-Rex arms approach at pulling money out of my pockets for this one.
As a long time shareholder...
... I'd like to see some of those actions taken "to protect the best interests of the shareholders" (paraphrased) take effect ASAP.
New website coming any time soon?
I do appreciate the update on the gunthergrant website, but I just don't understand what's actually going on.
The information about the new website design was posted over a month ago. Vortex patent talk was over a year ago. Molds, birthday cakes, promotional chocolates, search optimization... I can't tell what's staying and what's going. And in a way, that whole update reads like nothing is going to happen until October.
I would love to get some less cryptic information as well as some updates about the other product lines and especially the Vortex.
Aren't Patents Pending listed on the USPTO site?
I can't find anything by searching there. I can't find any mention of the Vortex. Maybe I'm using the website wrong?
Website link correction...
www.independenceenergycorp.com/
Patents on the Vortex?
I thought all patents (over 10 in total) for the Vortex had been filed quite some time ago? Strange that we haven't heard any information about them since.
Thanks, good to be here.
I started loading some up last week in the mid-.004s.
Now am holding close to 500K. Hopefully it'll be an interesting, profitable run.
Best of luck to all.
Seems like a case of......
Buy, buy. buy on the ask.. we're all in together... now excuse me while I sell...
LOL
I picked up another 108K.
Even found some under .009.
All these L2s seem a little off...
I just grabbed 51K @ .009, more than what was listed as available.
Don't know what all the hype is...
But I'll play along. I added 120K today.
Awfully quiet around here.
Anything happening?
GNGR Website Update 02/20/15
Friday February 20, 2015
Yesterday the first 200,000,000 of 300,000,000 shares have been removed from the issued stock.
The shares issued will now be 993,812,911
when the next cert of 100,000,000 in removed from the issued next week
The shares issued will be 883,812,911
I currently own 600,000,000 shares as the CEO (to the dislike of many) to retain control of GNGR, I recently have been offered a 6 figure cash price for my stock in GNGR from a company that is looking to go public. This company once controlling GNGR's voting shares would than vote me out and what happens after that would be out of my control. I would not be a share holder in GNGR or have any administrative position. Because I believe that this company who made the offer would in fact cancel all GNGR shares to reverse merge, I declined the offer for moral and legal reasons. 1) I would not do that to my share holders and 2) because I could be sued for selling out.
I have an alternative that may benefit everyone and I use MAY very cautiously. If I also cancil my shares (all 600,000,000) the new issued would be 283,812,911 with 108,553,765 in the tradable float. I would no longer own any shares in GNGR.
This would allow the company to use what they would have paid me for my shares to purchase the controlling shares from the tradable float. They would also have to offer to purchase from the issued but restricted shares that make up the shares issued not in the float any or all of those shares needed to own 51% of the issued.
This seems to be best for GNGR being that with very limited share holder support and the constant resentment that I the CEO had so many shares (again to retain control) that this is best for everyone. Weather or not the new company intends to keep existing share holders as share holders will be at their discretion. I am not selling my shares I would be just reducing the current issued be 600,000,000 which is also what everyone seems to think is best.
What ever happens after the 600,000,000 reduction, will not be by my decisions or actions. If the new company wants to remain in some sort of production or similar markets I would entertain a salaried position with no executive decision making. I started GNGR in 2008 and as of today February 20th 2015 I have never ONCE taken a paycheck and have never reaped any significant financial rewards either. My position was always that I win only if shareholders win first.
I will be discussing this with my counsel to make sure that relieving all my shares from issued will hold me harmless to what ever happens after I choose to take this action. My first reasons are to reduce the float as many have been emailing be about dilution over and over again week after week SO here it is the reduced issued means reversed dilution.
Just everyone remember that when this was like this years ago, there was not enough shares trading and everyone kept saying "we need shares in the float to create liquidity" so I did and then the same people started saying "dilution". Now that will be up to the new CEO as to what to do.
I will be updating the PINK data to reflect the new reduction and as soon as the other 100,000,000 is removed I will do the same. I will than decide how to remove myself from any ownership of GNGR and how to make sure I do it legally.
Grant
And what happened to.........
- The Vortex?
- Shouldn't the patents be issued by now?
- IIRC, there were 10 patent pending items?
- What happened to the sales of the Vortex?
- The Vortex factory in North Carolina?
- The Vegas office?
- The partnering with the Mary Jane company?
and....
I haven't seen any updates to the Gold and Silver promotion leaderboard. Did all orders stop? Did the website cease to be updated? Has no one submitted a video to YouTube to win 1 ounce of gold and $1,000? People upload junk for free all the time; someone had to enter.
The radio silence is deafening. Or maybe it's screaming to run away.
I don't know. I'm not a cynical person. I'm full of hope. But shoot, things do not appear rosy up in here.
Diversified - Are you worried at all?
I mean - we've gone from a period of transparency to silence once again. The supposed reduction in issued shares was delayed then re-posted with last year's date. Has it happened? Does anyone know?
For a while, things seemed to be moving on the right track. Focus on product lines, marketing tactics, agreements with other companies... all looked and sounded great. And then, some more internet wang measuring and we're back to silence again.
I'm all for holding out for the gold at the end of the rainbow. But it seems like we're caught in Groundhog Day.
FYI - I haven't sold any shares and I'm still hoping we see those magical days we all hoped for years ago. Can I get $1.25?
Strange...
It's odd to me that we were getting so many updates (which was awesome) and now we're back to nothing? The share structure should've changed, but the structure shown on the website is the old information per the date.
I've said it before and I'll say it again.... I absolutely despise the publicized spats with people from here, or facebook, or wherever. Take the damn high road and quit using the company's website as a sounding board. It most certainly does not leave the shareholders or outsides who happen upon the site or potential customers with a happy feeling when all they see is bvlls!t. Don't let the crap keep you down.
Grant... you have people supporting you here. We are behind you. Just like you, we have invested time and money and we like the direction things are heading. Radio silence causes doubts. You've streamlined, rebuilt, retooled, come out with promotions, and many other steps to take this to the next level. Don't stop now. You were on a roll. Kick this pig in the backside and let's keep rolling.
Nice to see the bid creep up.
Hope wee see more like this in 2015. Happy & Safe New Year to all and $$$ in '15.
Referral Benefit in Gold/Silver/Cash Giveaway
12/19/14 Share Structure from website
WEBSITE UPDATE 12/19/14
I did. Completely randomly.
Then I also randomly found this gem of a site.
You skipped a few I listed.