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That is incorrect. I do not own 20M shares.
I don’t post on here often but at times I check in. Thank you for your info into what to look for and look out for. I don’t understand all of it, won’t try to pretend that I do. But, I understand most of it. I just have a couple of questions if you could answer them:
- has there ever been a company in the past that someone/group of ppl were able to buy up the float? The reason I ask is it seems it would be pretty tough to do. I would assume this hasn’t been done in the past but GNGR lends its self to it, due to the low float.
- do you think it would be possible to squeeze the shorts and drive the price to that 9.50-10 range? I would think that could only be done if there were only a small amount of shares in float, as you have mentioned in the past. I believe that’s what happened with GME and that went into the hundreds of dollars a share. So I guess with a short squeeze, it’s possible to get to the $10 share price? I sure hope you’re right because that would be awesome. Lol
Again, thanks for stopping in and giving proper investment info. The OTC seems like it’s filled with a lot of scams, GNGR being the exception for the reasons you have mentioned already. Look forward to your future posts.
GNGR is a different play now. A short squeeze play and who ever owns shares when the pressure is on will do very well. That is why when we control the float (coming soon) and we force the brokers to close out the open naked with no shares to buy back YIKES!
From your lips to God’s ears! Lol. Looking forward to see what happens…
Perhaps. I don’t know. Again, I could be mistaken.
I do not
I was under the impression that the 10/18 deadline was not to receive the divi, but rather who owned shares at that time. I thought the actual transferring of the divi would be a week to a week and a half after the cutoff date. However, I could be wrong in that thought process.
To be honest, it’s my father and I who own that amount. The split is roughly 50/50 on our 20.9M
Between my father and I we have @20.9M
Look at the previous post. I was just reading what was posted on website
Interesting read. Seems to make sense. The bad part, for me, is that I owe restricted shares from GNGR. I was able to get them unrestricted, however I can’t find a company that will let me deposit them into an account. I guess I was part of the paying off debt... but I was told that any brokerage firm would take them, once they weren’t restricted.
One could assume that you are in the group. They wouldn’t let just anyone into their group/team meetings. But, honestly it doesn’t matter. As long as the PPS goes up.
Where are you getting that info? I’ve emailed a question, multiple times and didn’t get a response. So I’m wondering where you would get this info from?
I think he is referring to you taking a trip to Denver. But I don’t want to speak for someone else. But, I believe, that is what he is alluding to.
Nice to see you back Mallen
There can’t be many of these cheap shares left
Indeed. Hitting .01 by today would be awesome
Who is dumping these shares @.005?!? Doesn’t make sense
I sure hope so. September seems a long way off. Hopefully, they are going with the under promise, over deliver method. Lol
That’s what I thought. But apparently it is. I spoke to e-trade and TD Ameritrade. Both do not take them.
I hope it will be a lot earlier than September. I still need to figure out how to get my stock certificate unrestricted and into my account bc I use Ameritrade and they won’t take them. So that 108M float has a lot less that available
Is that L2 still thinning out with these shares being sold for .0069? Can’t see there being too many more
Looks like with some good movement, we could get close
Morning... here’s to hoping we make it to .01 today! lol
Incorrect. I live in NY and was working part time with him
Not that I feel I need to justify where and why I spend/invest my money, but I’ll give you a brief reason. When I first started there, he was in a “tiny kitchen”. Business did well, and he moved to a slightly bigger spot. Still didn’t have everything we wanted but was a better spot. As time went and business improved, we moved to another location. This one wasn’t a “tiny kitchen”. This was a nice size building, with tons of parking and a nice size kitchen. I watched, first hand, the increase in sales. So I took my shot by investing when the time came available. Has it been a roller coaster? Absolutely! Have I been happy at times? Yup (when we were sitting @.23 for example). Have I been furious? Absolutely. But I think that’s all part of it. Will you probably say “I would never do that. Invest in blue chips, should have bought Tesla, apple, etc”. I’m sure. But I also think that is easy to say after the fact. I can also tell u all the winning sports bets you should have made the day after the games. It’s easy to Monday morning quarterback. I think the company has gone through a lot of changes and that has been tough watching at times. However, I do think that he is heading in the right direction now. I think that it will get better and I am looking forward to that. I was able to cost average down and already I already have a nice profit. Do I wish it came sooner? Of course! But I do appreciate the fact that Grant is looking after the shareholders. Not a lot of CEOs do that, I fully understand that if it was someone else, my money would be GONE! They would have taken one of the offers and went about their day. So for that, I’m appreciative and looking forward to the PPS rising. Btw- he does have dyslexia. So I can easily forgive those spelling/grammar. Even though a “CEO should have someone look”. Have a good weekend
Someone else in the chat just put yes that’s how it works with stocks. I’ll take your word for it.
Your mouth to God’s ears! LOL
Diversified, I’m in the same boat. I own 10% of float and so does my father. We both have been holding.
When a cash dividend is applied, does it lower the PPS? Meaning, is the cash for dividend taken off of PPS?
Do you honestly think GNGR can get to where signet was/were? Isn’t there revenue far above GNGR
Thank you! I have had them since 2012. I will try to contact my broker and also try to contact the transfer agent that is on the certificate.
Mallen,
First, thank you for your prompt response and explanation. The way you explained it, makes sense. I know the CEO isn’t going to sell out. He has shown that over and over. I’ve known him since the beginning. I also know he has a real company. It’s good to see that options are coming and they seem, from what you have said, to be increasing. Not that long ago, I believe he was offered way less than 11M. So the increase in offers definitely seems like people are noticing GNGR and that in turn, could increase PPS. It seems that there is more info to come and I look forward to it.
Secondly, I have another question. I have tried to get a response but haven’t gotten one yet. So maybe you could help me. IF you have a stock certificate, how would you get those into your account so they could be traded? Any information would be greatly appreciated. Thanks again.
Mallet, I have a question in regards to your previous post. If a company would be willing to buy the shell, why wouldn’t they buyout the stock owners as well? Wouldn’t that fix their problem? It would give them an clean n clear shell, with no previous shareholders and then they can take it up to where ever they want. I am not sure if this is a stupid question, if it is, I apologize in advance. With not too many shareholders, it would seem to be a viable option IMO
Right, so doesn’t it become supply and demand driving the price up?
If the bids were stacked, wouldn’t that cause a rise in stock price, not a decline. Albeit a very low decline?
From your mouth to God’s ears. My only concern, bc of the past, is that the next day everything falls back down to where it was or even lower. That was the trend in the past. Now, hopefully, it will be different and it will continue to go up. It would be nice being that I have been around for a very, very long time. To the moon! lol
Wow! Look at the volume so far today! Maybe this is a sign of good things to come??
I can’t remember a time when it was that high. But usually when there is a lot of trading/large increase in price, the next day it drops back down. I’m hoping that isn’t the case this time.
Would be nice... but sadly there’s no info that would support that. The website said update would be “added this week” and that was almost a month ago with no news, info or updates. Haven’t seen NVmallen giving any “team10” updates either. I hope I’m wrong, but going by what I see and not my hopes.
I’ve heard that a lot before. I’m not doubting it’s true, that they have orders. However, it just doesn’t seem to translate into an increase in share price.