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GDSM Well if that was the case I hope he made a ton of money in the garage sale to pay the fine lol. Really I am pretty sure that Mike did his DD and also would have had any proper discussions if he might think that it would even have an inclination of affect.
Some might wonder "Why not jump into that deal." I will say Mike is very thorough and he spends a lot of time making sure the deal is right and works in the favor of GDSM. Anything less is not Mike for sure. Quote me on that one :)
GLTA
Go GDSM!!!!!!!!!!!!!!!
GDSM I am not sure that committing a misdemeanor crime really fits the word criminal at all. J walking is illegal and a misdemeanor. Criminal mischief typically involves damaging property and nothing more. Maybe he ran into his neighbors lawn ornament because he didn't like it.
GLTA
Go GDSM!!!!!!!!!!!!!!!!!!
GDSM Actually that answer can be found in the last Q financials.
Although there is not a breakdown by any one revenue source the total revenue # is there as well as any expenses associated in sales and or to run the co. No OTC would ever or might never release any monthly sales as it is not a requirement of the tier. Only to provide a Q report is required and for this tier no requirement to break down one revenue source from the other.
So as far as How Much that would need to be looked at in the financials. Good DD by yourself is the best input you can give yourself :)
GLTA
Go GDSM!!!!!!!!!!!
GDSM IMO 10% is the most conservative of numbers. I would expect with proper sales and marketing to bring in near 20% market penetration at a minimum. We will be the first to market with this product and a great sales team can relay how that will help users of the CC system to increase sales. In fact a great approach is a discount for cash by ownerships. While some may think why would you still want offer them a cash option is that: By increasing your price by a mere 10% then the 10%(estimate) would easily cover any fees charged to the ownerships for the CC charge.
Perhaps some sales might be lost to cash sales but I suspect as the USA is a credit mecca when people realize they don't have to pay their bill now but at the end of the month, I see that any clinic should be able to increase their gross sales by approx. 50% minimum. At the same time increasing CC sales of overall revenue of the typical cash sales in the 25% region.
I do know my friends who own a clinic want it and are excited to get the opportunity.
GLTA
Go GDSM!!!!!!
GDSM Phantom of the Opera was a big hit and earned big money as will this Phantom of Merchant you refer too.
GLTA
Go GDSM!!!!!!!!
Thanks for the welcome and I may be back in once the charts show me the correct indicators. Definitely a challenge like you said beating the sells. Thank goodness been doing this a while to be able to make usually consistent calls. I try and never love a ticker and or rarely. Love is something for my wife while stocks are for money. In all I believe FITX will get it together. I kind of laugh at the armchair lawyers here giving their analysis. IMO FITX didn't team up with the law firm for nothing. No way would they let a small township divest their investment. I expect the lawyer if really good will chew up the township and FITX will come out on top.
Again good luck
I rarely post when I buy and only usually say thanks when I have exited successfully. Bought .017 sold .0347 this a.m. I wish all holders good luck. The charts showed me the weakness last night so made sure to exit today. I just hope for all if you are holding you make it rich. That would be cool!!
GLTA :)
GDSM "Until then its nothing but hype" I would say more accurately "Until then it is just a PR". There is no hype placed on the PR only an indication of the now available merchant services. Now if the co. released a PR indicating that they will become rich from the merchant then that would be hype. Quite different in aspect.
GLTA
Go GDSM!!!!!!
Thanks FITX for a great trade :) Never will complain about 100% gain. Good luck if your still holding. :)
GDSM OTC's = The ultimate risk play. Some you win, Some you don't. But knowing the co and the direction it is really headed is what make the difference of POS OTC's versus ones that will become something. It also matters not how many CC machines you have. It is about selling. Just got added a personal friend to the owner of a med clinic in OR. :)
GLTA
Go GDSM!!!!!!!!!!
GDSM Doesn't matter if there is buying or not today. The launch of Merchant will bring in some awesome revenue. I am pretty sure this time all the required items were in line. Mike understands the importance of this after the misrepresentation of the other merchant services from the merchant to GDSM. Call it not real if you want. It's all good with me. :)
GLTA
Go GDSM!!!!!!!!!!!!!!!
GDSM You can't even imagine how many med facilities in WA. my friends own and/or people I know that have been waiting for this like you would not believe. I expect some great sales out of this at least in WA. state.
GLTA
Go GDSM!!!!!!!!!!!!
? In regard to the )per se) spin off and distribution of the shares 1 for 1 of the new co.. Has there been a date of record set yet, or is the distribution date for shareholders of record still upcoming.
TIA Maddog1313
GDSM On Mj-Xchange there is the option to sync your account with FB and also un-sync your membership. This can go back and forth as you desire. However one thing that can't be done or creates challenges is if you get banned or locked out be FB for your linked account. Unfortunately we cannot control FB and/or how your membership status there affects your existing account on Xchange.
I understand the suspected malware has affected you just not a lot that can be done I suspect.
GLTA
Go GDSM!!!!!!!!
GDSM MJ-Xchange.com
OFFICIAL NOTICE: SITE CHANGES UPCOMING!!! SUNDAY 11-16-14...
11 A.M.EST................................................ ..
HOW IT HAS BEEN: Since MJ-Xchange started everyone was able to see all peoples and pages posts, even if you were not a member, or their friend.
WHAT WILL CHANGE: You will only see post of your friends and pages you are a member of. Again from now on you will only see posts of your friends or pages your are members of!!
WHAT DOES THIS MEAN TO ME: If you want the site to be interactive it will require you to take the action.
WHAT DO I NEED TO DO?: Join pages!!! Why? (example:#1. If you joined the site unless you go to the pages you will see no posts.)( example: #2 If you only have ten friends and they are not online, and you have joined no pages, you will see no posts, unless your friends had posted when you were offline). (example #3 You better make some new friends. It could be less interactive if you don't make new friends.) (really this is just like facebook where you added new people and your timeline then came alive with posts.)
(We will create some auto pages you will automatically be joined as a member. Finalization selection of those page/groups is still in progress)
WHY THE CHANGE TO THE SITE NOW?: We have learned that the site needs to support all types of users: Medical patients and their supporters, Legalization leaders and their followings, and everyday marijuana users.
WHY CAN'T WE ALL BE TOGETHER?: As the world turns their are many personalities on this earth. What one would revel in one would disdain. Out of respect for all people who use MJ-Xchange we want the site to be for everyone and every type.
Yes we may all have a common love, respect, curiosity, or even investment in marijuana. Each personality requires its own approach. By separating what you see or don't it allows all personalities to use the site. In their own groups/pages privately, in public groups/pages, by adding friends and meeting new people.
\\\ Make sure to join pages you like!!! Make sure to add friends./////
This site is new so you will help it grow. We are pleased to provide this site to you. A site dedicated to providing a safe atmosphere were discussion about marijuana is safe, acceptable, and supported.
Thank you for being a member of MJ-Xchange.com
GDSM Well it sounded as though you were looking for pictures as the proof your requested. What else would there be to show?
You are also correct that the loss was not a carry over, but is a write off for the last Q. I would suggest that you go to page 8 of the last q's financials in which it shows the actual value written of for the JB venture or $650k for the Q.
It might clear up the sketchiness because perhaps you misread the info in the filing so I courteously wanted to point it out to you and where the info can be found.
http://www.otcmarkets.com/financialReportViewer?symbol=GDSM&id=125384
GLTA
Go GDSM!!!!!!!!!
Asking to be provided information or pictures of who the actual grower is, and for them to reveal their identity, is like asking a bank to give you a picture of their blueprints for the build on their safe. It isn't going to happen.
Everyone in the sector growing is very discreet. A lot of peril in posting identities or even pics of the grow. Realize in this day and time reverse searches can be performed and people located down to within about 2' of the place the info was posted from. So if someone did that they would or could be revealing their exact location which would make them face possible theft, etc.
I know that people are desiring pics and info just letting you know that the chances of ever seeing those items are slim to none. They are real though so it will require waiting for Q's to see the revenue.
GLTA
Go GDSM!!!!!!!
GDSM That is where you may be wrong SBW. Mike was hired as the CEO of a mining co. That is correct. The statement look where it's at now, in the hole, the red, upside down, is not even appropriate. It was already there when Mike took over.
As far as switching industries, I am sure that the owner of the co. was aware of the intentions and approved. After all Mike is the CEO, not the owner, so the owner would have had to approve the move. As far as Mike's qualifications I am sure the owner knew about Mike prior to hiring him so they must have felt confident in what Mike could possibly accomplish. Also that it would take a while to build a co. and that the means and methods might be not the desired method but what would be required until the co. actually brought in revenue.
Also some keep trying to point out the loss on the last Q report. Yes it did show a loss of approx. 750K but it needs to be noted that approx. 650K of that was a write down of the previous(Lovito) bogus mine/land claims. Has to written down at some time for the debt. So yes the Q shows the value of the loss but it was actually already a loss prior to Mike he is just the one who had to include it in the filings. So really the actual loss for the yr for actual business accomplished is quite substantially smaller. Still a loss but there is benefit to that down the road when income is actually earned. The extra 750K now becomes a direct write off for tax liability of the value of revenue in equivalent.
The things Mike has done are real and it is funny to hear everyone hear going show me proof. The school yard mentality. As we grow in income you will see it on the Q but may never see actual pics. First it isn't the co.'s actual grow but is structured to earn the consulting fee from the grow. So perhaps you should contact the actual grower and they would provide pics of the grow. Chances are they wouldn't show you or I, so chances of them allowing pics of their op are slim to none.
What is happening is real it just will take time for it to grow big.
GLTA
Go GDSM!!!!!!!!!!!!
ACLP If we don't fall to less than 80% gain today I expect a continuance . If the intent of the silent pump was only to sell shares for one day the pps would more likely have already gone down. It looks as thought they are rebuying in the 14-15 range.
GLTU !!!
HEMP A small starter position @ .0465.
GLTA
Go HEMP!!!!!
Nice PR :)
HEMP I'm liking the accumulation @.044 but still see that shares from L2 are being dumped hidden from L2. The MFI although still strong and the TSI took a downward turn so will be watching for the upturn. The Trix, negative and positive still has an awesome angle just like before. I remember how well that went. Based on L2 either I will get my entry point and/or I suspect the chart may show the change in sentiment which will give me the confirmation to enter. Today's close should say a lot :)
GLTU
Howdy Laorge, Looking for an entry point. :) Not defined for actual entry pps and will watch the chart for the correct pps entry.
GLTU my friend :)
Yes and they also have the CO. deal and the Maine Deal. If you don't want to believe it that's ok. It is a fact not fiction.
GLTA
Go GDSM!!!!!!!!
GDSM Define incompetence. A great term but it would really depend on each person's interpretation of what there is to work with and what has been accomplished. One persons incompetence is another persons competence. It is about perspective and not expecting big things in the short term. Only someone who was not aware of how business works might expect more sooner.
GLTA
Go GDSM!!!!!!
GDSM
No grow houses. Yep a moratorium was placed not the co. fault but money put toward DD, trips, lawyers, etc.
NO ad server. Was mentioned that it was an upcoming thing and never promised soon only indicating the intent in the future.
No mj merchant customers. A deal w/ DD time spent advo, etc. A commitment to Mike that couldn't be kept so never should have been made/
So called deal in CO, that cant be confirmed. Nor can it be denied
So called mobile lab deal, that cant be confirmed. Nor can it be denied
No new mjxchange advertiser's in months. lol MJX can have advertisers but the focus isn't to earn a tone on MJX
No aud fins Like I said who cares other than those who expect something not required in this tier.
No TA change Yep because everything cost money so spend money where it is best spent which isn't a TA change.
Perhaps you could buy those platforms for not much but you can't develop them, not can you keep a webmaster to manage and tweak it after the fact for free!! Do you work for free? I didn't think so. You say where is the money but provide us with the accurate amount actually received to qualify to yourself what the cash was spent on. Do you think a co. would have no monthly expenses that would require cash to keep the co. going?
GLTA
Go GDSM!!!!!!!!!
GDSM I'm pretty sure if I recollect correctly that the A/S was 3.5B when Mike took over which he raised to 6B. Not sure about the 900M when he took the reigns. The A/S was raised after the CC mentioned below.
As far as .0035 this is exactly how it happened as I watched. The pps went from approx. .0006 one day and then to .001 the next day on the new announcement of MJ venue. There was an upcoming CC announced. This is when the pump crew entered the ticker in which they promoted from their own angle the ticker, brought in buyers drove the pps to .002 and after the CC then really pumped and got it to .0035, then dumped. Not Mike but a pump crew. I knew the names and even posted during that time a pump crew had entered. So that is not Mike's fault and anyone who bought then did based on a false story or inflated by others for others benefit. The tickers value right now is not the .0035. There is much to be done to reach that value which is the groundwork being set now. Mike only made statements of his intentions.
You are correct it was mentioned the merger failed. That due to an inability to come to terms but it was clearly identified that those were the stipulations that would be required to consummate the deal and that it was highly likely that the deal might not go through. Remember, Gelpid is a debt holder so any deal with them would have to have this contingency. At least when that deal didn't work Mike started other ventures which we are now building. So really Gelpid falls into one of those deals that could have worked or not as is the law of avgs. in business.
GLTA
Go GDSM!!!!!!!
GDSM Well as far as audits I personally have never cared if they are produced or not as in this tier it would never be required. I appreciate everyone's concern for full disclosure but have always been of the opinion that I knew the market I entered and was aware that they would or might never be produced ever, so never expected nor base my trades on that.
As far as the Mobile testing venture I think the statement "No One" might be out of context as it is apparent that a shareholder presented the deal with a qualified lead for the co.
Relative to the Gelpid deal I think Mike was trying to negotiate the debt restructure into the deal and the terms were never acceptable. But I don't ever remember there being an official announcement that a deal was done and then it was reneged on. Only that there was an attempt to create a deal and debt negotiation.
The deal in CO. for the green house that went south could not be controlled by Mike as the county imposed the moratorium. That is a deal Mike worked on for a long time with many trips involved and due diligence. I am sure he was as upset as shareholders were. With the 2nd deal he still did complete the deal and estimated at least a fair income from the consulting deal. Yes two yrs. but it does set a path after those two yrs for more to happen in that state
Great examples of how it can go good or bad in the business world as you pointed out. But there has been no share selling scheme that I have seen. If in fact nothing had been done then that might be so but much has been created. A structure of capability has been built that now can be grown and implemented for future success.
With the O/S Mike had nothing to work with so an increased share structure was a must to do anything. I am not sure that Mike has really destroyed the additional shares added to the market and I think there is still a large separation of O/S versus A/S. Don't get me wrong. I am a shareholder also and I see the pps go up and down. If in fact I thought it was just a scheme or plan to sell shares for nothing I would not be in the ticker. Although I won't say I've never been fooled, I will just say that it is a rare occasion and based on all my discussions with Mike back to before the MJ angle he actually has done most of what he promised and to the best of his ability.
It's about building a co. from scratch and event the best businessman has to have time to let thing develop. Only the most lucky would enter a new arena and have immediate success. Safe Harbor or not, it isn't about now but in the future and based on what I know, I feel confident holding or building my position within the percentages of allotment that any wise trader would do to protect themselves they best they can in a volatile market sector of penny stocks pinks.
GLTA
Go GDSM!!!!!!!!!!!!!
GDSM Well the safe harbor statement is something he is required legally to do per SEC requirements so not like he just adds that as though it is his protection clause. All Tickers do this. All.
Relative to the position of the co and the filings you are correct but what filings don't say is what is being done during any one Q prior to filing that Q. Nor does it define things occurring now that impact future revenues. No one seems to think that the co. is worth a lot and most speculate like all tickers what the future might bring. But the ones who think this way give credence to the things created and the potential of those and don't indicate that they are not real. They are real and if you choose to not believe that then it is your choice but for sure gives no bearing to if they are real or not only your opinion.
Flipping. If you are truly experienced even a long would know how to manipulate there position to a larger position especially at the pps we are at now. So flipping could also consist of building a position larger rather than just trying to get the cash out of a flip now.
GLTA
Go GDSM!!!!!!!!!
GDSM This much for sure Towlie. You can't change the mind of someone who thinks everyone will die of Ebola just because they heard it is killing people. Some people will never actually listen to what is said and will turn words into what they think it to mean even if only a question was answered that someone asked. It seems some should actually listen and then they might understand what was actually said. Too bad for some individuals they always look at things as though the world will end.
GLTA
Go GDSM!!!!!!!!!!
GDSM I don't think Mike indicated any reverse split was imminent as it was a question presented to him which he responded he thought it was not in the best interested at this time. Not sure how it got misinterpreted that a R/S was coming. There would need to be a positive momentum in a continuance for it to make sense which is what Mike indicated.
Name change by Jan. which is just a few moths away.
GLTA
Go GDSM!!!
GDSM You are correct Dolphy that he is honest and tells it like it is. There is much peril in lying and that is what Mike was relating to regarding the SEC. I am not sure that the goals are unachievable relative to a long term outlook though.
Deals now may be smaller but this is the position that the co. has to deal with at this time. But small deals cumulatively lead to increased revenue overall. Success won't be overnight but with re-investment into the co. it will create a larger capital base to go after the next larger size of deals. Guarantee that if indeed merchant launches it will be a flood gate and that is real revenue.
None the less success isn't obtained overnight or even if a few limited months. Had not there been an issue with merchant services prior revenue would already have been substantial. I would agree the pps is showing it's near value at this time based on actual fact but also with no speculation to create any looks from the SEC. Mike has created some good things and more to come.
GLTA
Go GDSM!!!!!!!!!!!!
Howdy Fein. Wondered where you went. The article is ok but not applicable to GDSM no matter what you say as they are not committing fraud. If it were true then it would be applicable but as long as something is attempting to be done fraud is the last worries now and would never warrant the SEC investigating.
GDSM lol If they are selling shares it is to fund the co. until revenues actually come in. How would you ever expect any co. that has no income to remain in business? There was no disguise for the issued shares for services exchanged I assure you. They were issued for actual work done for the co. Your statement has no basis.
You are so far off base on your "spending the least amount of money to sell the max shares". That didn't even make sense!!
GLTA
Go GDSM!!!!!!!!!
GDSM Where the error in tying MJ-Xchange membership to success is wrong is that it is not intended to be a big money maker anyway. It was also understood that initially it would not earn money and would take time to build the membership and then advertisers. So no error there in operation versus intended initial plan.
As far as the rest of the co. operations it is also incorrect that you can't do something with nothing. Regardless of cash position there are shares and split of profits that would always be available in a deal so not always required. In fact there could be cash available from investors to pay for portions of the infrastructure but you would be unaware if that is true or not. So really only conjecture that something can't be done with nothing because there are many avenues.
Value PPS wise. Near but below value based on speculation but not really a concern if the goal is longer term. I mentioned back when Mike took over that the minimum window for recovery was two yrs. so I am not caught off guard and nor should you be if holding since or before that time.
Actually the path chosen now creates better chance at recovery than oil or gold. Once revenues start to build then eventually the cash value of the co. will increase and yes extinguish the judgment (which is still a subject of discussion and negotiation for actual payment regardless of judgment)
GLTA
Go GDSM (I found humor in the statement earlier about the security cam for a shed. Est. revenue of near $100k is a great charge for just a cam.) :)
GDSM The actual best use for the money earned would be putting back into the infrastructure to get more deals and expand. Then you create more value per share based on more revenue. :)
GLTA
Go GDSM!!!!!!!
GDSM I assume that if he publishes something it will be public but if I get any info I will let you know of course :)
GLTA
Go GDSM!!!!!!!!!!!
GDSM Here is the cool thing about the horoscope as you have called it. The reading done from the horoscope will be performed by the investing and analyst opinion. So has little to do with what I say, you say, or anyone else on this board.
I do know that just after the presentation a respected and very intelligent MJ analyst was on the site. While I have great respect for him his review could go either way.I'm also pretty sure that the lack of millions of users (as some keep saying it needs now)has little bearing on his evaluation. He understands what needs accomplished and will review the progress of the co. without emotion or confusion.
His review I suspect will look at the absolute zero that we started from and realize what has been accomplished all together and expected/projected in the future. It's ok by me if everyone wants to hang on the edge of their seat every day looking a that pps and saying OMG! I find it kind of funny. If you aren't confident then move on. You are only causing yourself grief by expecting every time a pr or CC happens the pps will sky rocket. So what if people sell. This is a process of progression not a drag race. Any one can go a quarter mile. How many can run the whole 500 mile race though?
GLTA
Go GDSM!!!!!!
lol I didn't even worry about clearing anything on this one lol. It was great excitement for a day though. Throw this one back into the big bag. POWT never has been anything other than a pump.
Good luck to you on your trades!!
GDSM Some do Dolphy and some don't. As I pointed out about the co plan and how it fits into pinks. They are not used to this type plan because it isn't instant gratification on the pps which is why most are in OTC pinks. Just a matter of time and things will build the correct way on real revenues generated from real deals.
GLTA
Go GDSM!!!!!!!!!!