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I could use 1 or 2 million,but I think you meant to type (they).Yes I agree they are spending money like crazy and really no accountability for it.
The shares were sold to these loan sharks to get money to keep the company going.
Thanks for giving an honest answer.Hope for the best but be prepaired for the worst.
Are you starting to doubt this company?
Wouldn't this indicate that there are no buyers.
Guess the business wasn't going today.
Is this company in dire financial trouble? I thought they recently sold their oil and gas wells to BAYP for a bunch of money.Why then are they trading at .0001.I would like to buy into this stock but am troubled by them not PRing any updates.Any answers would be apprecciated.
I think a lot of shareholders would like more news than no news just so we still know they are alive and well. Silence is one thing that investors do not want to hear.
Yes ,your right it was impossible to get shares at .0001 and so I never wasted time trying to get any and bought at .0002 and above.Your right they should have posted a lot more PRs but maybe they didn't because there is nothing really going on behind the stage and were afraid of posting more fluff. And yes I know they haven't posted much of that lately... GYTU and GLTA
Don't believe everything in their PRs or especially on their home page because they contain a lot of fluff. The mining thing is a joke.
You certainly are a true believer. I am just the opposite. The company puts out a lot of fluff to attract new investors but not many are believing them any more and the pps reflects that.I am holding my shares only because I am hoping for a miracle and if it doesn't happen so be it.
Hoping for a big jump in pps. I'm holding mine at .0012 but don't really have too many at this time.GLTU.
Why are you thinking bad? Be optimistic and think great news so this thing will fly.
Me too
Congrat's on your being able to sell your shares on the very first day after the R/S.I was one of many who could not do the same.It took 10 days for my broker to put them in my account. There was only 116,715 shares traded that first day and the hi was .515 and the low was .03,and closed at.045.So it seems that the Gods were looking after you that day and blessed you with many pieces of gold.
The P/R says up to $5 mil and not at least $5 mil.I thought they needed the loan to purchase the wells and since they haven't gotten the loan yet how did the deal get done.Many questions and no explanations of how they are doing the purchases.
What assets do they really have?
After 10Q I expect at least a 10 BAGGER. Think BIG.
Yeah, I think you might be right. Hoping for that news by end of this week and looking for a great big bounce.
Question for you or anyone on the board.Have we ever received any information as to the price or conditions of the purchase of all those gas and oil wells. How much did they pay and what did they use for money?The company they bought the wells from are trading at .0002 and so I guess maybe they didn't pay them too much or not at all.Lots of unanswered questions regarding that deal.Does anyone have some answers?
I agree 100% with your post.Some people are optimistic about the stock and yet they won't hit the ASK but always want to get in a few ticks lower.Kind of makes you wonder why they think that way.
Did we ever reach that level before? That first day after the R/S doesn't count when it hit 0.51cents because nobody could trade off of it and it was just someone playing a joke on us. Can this stock ever reach 0.13 cents is anybody's guess, but I think it will take a giant miracle or a lot of manipulation.
I won't say good luck on that bid because I hope you never get them.
Just little ole me I guess. I still need .13 just to break even.
Yeah,that's great for them but what does that have to do with BAYP.
Yeah,HIT THE ASK.
Where did you hear that there is weed news coming?Would be great if true.
Yes the spread is very troubling and with the low volume makes this stock illiquid.I think you were just lucky to get someone to buy at the ask.I don't understand your thinking that the company had anything to do with your lucky trade.Did they put out a P/R with good news?
It's difficult to pick the right time to sell.I'll need at least .13cents just to break even.Hope the run continues.
Great, looks like the stock has caught the attention of a few optimistic souls. Lets hope it can sustain this move.
I wanted to reply to your post # 88885 but don't see it up any longer.I'll try to remmeber what you wrote and answer your questions.First off, why would I buy shares yesterday when I sold 60% of my shares a few days ago. Secondly, I am trying to rid myself of the remaining shares and will not be buying any in the future.I have lost all interest in this stock and will sell if the pps ever gets above .04 or higher. I don't think the stock has much potential and will never amount to much.I see that the stock is getting a little action today and hope it continues.
Yeah,sure would like to see higher prices with a lot more trades and volume.But unfortunately this stock can't generate any interest.Look what happened today,can you come up with a good reason for the lack of trading?
Yeah, I've been watching this stock for a few months and decided it was about time to get in.It sure is an active ticker and will give us plenty of action.
Hope your right, my last pick turned out to be a dud so I'm hoping for real fireworks with this one.
I jumped on this merry go round today and am looking forward to catching the brass ring.
No,never made a nickel on this stock.I never got the chance because right after I started buying the pps kept going down,down,down and I kept on buying buying and more buying all the way down to .0002 Want a waste of time and money that was.End of story and here we are today.
You also mentioned in your post that a loss in the pps is not a real loss until you actually sell the stock.Well that is not really true. Try using your stock for collateral on a loan and you'll realize that the loss of pps in your stock has a big impact on how much you can borrow.
I can talk about a real loss. Sold 60% of my shares today and bought into a gaming stock.I was just getting too bored by this stock and wanted to see lots of action which this other company has. Time will tell if I made the right joice.
I hope you don't mind me jumping in here but I thought I could make things clearer for the shareholders to understand exactly how much they have lost after the R/S.---Assuming you had one million shares at .0002 which is $200 on July 31 last day before the split and now you have 10 thousand shares at .0055 which is worth $55. Your loss is $145 which is about 72%. Now we all know that we all paid much higher prices than .0002 before the R/S and our real loss is much higher than 72% and probably more like 95% or even higher.