Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
May get those .08s today =)
Negotiations sounds like a chance to me =)
A lot of market makers are just algorithms but I agree there are some people that mix it up and use the signals to manipulate those who know. It’s just an interesting thing to pay attention too. It’s all about educated guesses
Or you could just use it as a tax write off
Oh don’t get your panties all up in a bunch. I said all pump and dumps, not shrimp is a pump and dump
Haha yeah. Where somebody makes money somebody has to lose it. If only money could grow on trees the way shares do
2nd time is the charm?
Here is a list of market maker signals for you to confirm your theory
http://www.pennystockdream.com/Market-Maker-Signals
This happens with almost all pump and dumps. The SEC will get the CEOs
You mind explaining how Bill screwed rontan over with a 15% break off fee when the normal EBITA based break off fee is 1-3%?
Sure seems scummy
They buy foreign imported shrimp because they are cheap... they are not just going to pay for premium shrimp. They simply do not care. The higher end restaurants get their shrimp fresh from the gulf or from local farms when inland. Shrimp hasn’t sold anything to be able to talk about range
I have over half a million in the markets. I am not a day trader and yes, the present is all that matters. Everyone has a plan and anyone with friends knows that plans fall through all the time. Does that matter? No. What matters is what they are doing today to reach their goals. Do I think they are making progress? No I do not. I think they are talking about progress but making all the wrong moves.
They have no clients. The shrimp market is already flooded with competition. I don’t care how “revolutionary” of a product someone claims to have. If nobody is going to buy it then nobody is going to buy it. That’s the cold hard truth about business.
I get it that millennials have been brainwashed by this Whole Foods, all natural, no preservative fantasies but ocean shrimp is just fine. We have and will continue to be eating it for years to come. This all natural fad will die out
Once again, 36 million in debt with no revenue. If shrimp did end up making the right moves it would take a long time to recover the debt and I will be able to see it as it unfolds. I don’t need any of these fake promises, or mindless fantasies. I will see it if it happens and I can buy in then. For now, this thing is going down. There is mad dilution and it says so right there in the 10K
Gotta love seeing the revenue, GP and sales costs left blank. I know it’s 2015 but still, add a 0.
Revenue does matter. It is the only thing that matters. Not being profitable is one thing but not making any money is another.
What do I care if they are going to make money in the future? We are talking about now, based off the latest 10Q. Right now is the only thing that matters. As of now they are selling shares into the market, increasing debt and increasing overhead.
It’s fine if you want to take a risk but it is just that a risk. I won’t sit here and trust their word and promises like you and that is preference. They have not earned the title of Rome
So you claim that the stock is worth 60c by the patent alone? That’s fair but what not fair is you assuring people this will not go down. There is so many factors to bring this down, let’s be real. Dilution is here and will continue to bring this thing down. It says so right there in the 10Q for those of who need proof.
It is one thing to be hopeful. It is another to falsely assure
Is 0 revenue not proof? Seems pretty straight forward to me and easy to confirm
Expect it’s in the complete opposite field. It’s like saying the Yankees will be the next patriots. It’s an obtuse point.
Amazon is a service that has no real competition. Closest thing would be EBAY which I think we can both agree that it is not comparable.
Shrimp is a primary resource farmer. Anyone can buy a shrimp boat, uncut price, and dilute the market with competition.
A primary resource farmer that is increasing overhead but not producing revenue to offset that.
All that matters in business is making money. The cash flow here is beyond negative
You do realize you are trying to justify shrimp’s 0 revenue by comparing it to amazon? There becomes a point where nonsense becomes unarguable and you have reached it here
Go find me another example other than amazon. Amazon can get away with it because of massive funding. Shrimp does not have massive funding.
Sure amazon has a negative cash flow but that is because of their investments in facilities and land. All profit centers that generate massive GP. Once they decide to stop growing, then BOOM, huge positive cash flow. That’s the model they were built around.
A primary resource farmer cannot live on the same business model as amazon, plain and simple.
Interviews are not news... also upticknewswire is a penny stock promoter. Yet another example of Delgado and his pump and dump schemes so thank you for finding that =)
“Everyone knows that Delgado is clean”. Really now? So over half the board is claiming that he is a scammer and a fraud but yet EVERYONE knows he is clean? What an outrageous statement...
Amazon makes money... profit and revenue are two different things lol
Bill Delgado belongs behind bars. No market cap can justify 0 revenue. Businesses that only lose money go bankrupt and if they don’t, then they are only selling shares to survive and should be grey listed.
Large investors don’t invest in penny stocks. People with 2000 dollars to gamble with do
Large investors will continue to play stocks around the $5 range with positive cash flow.
I do not have a good answer to that. I can only imagine that he’s got his name on some of the documents (insurance, loans, ect.).
I also have a question for you. How do you think he got Rontan to sign a 15% EBITA based break off fee when the industry average ranges between 1-3%? Larger company and a larger % is backwards logic. Either Rontan was desperate to give away their crapper or they got trade raped. Seeing how they got bailed out, it sure seems they got trade raped...
Irreconcilable means that they weren’t familiar enough with US law to represent the company well enough...
What does that say for Rontan? It says what we already know, they are too broke to hire high caliber international lawyers. They were bailed out by the government, I truly doubt the government will let their money go to an American penny stock with no revenue. So good luck collecting.
Damages equating to 63m is funny. Contract bandit Bill Delgado out there scamming again on a 15% EBITA based break off fee. In America, a standard break off fee is 3%. How he swined his way into 15% is beyond me. Someone didn’t read the fine print...
As far as the attempt to bring down Bill Delgado, hell yes. How can one man run 3 companies with over 30m market cap and have 0 revenue? Is it a coincidence that he just so happens to be involved with convicted scum time after time but always gets away? “Fool me once, shame on you. Fool me twice, shame on me. Fool me a third time, I am just a fool”
Delgado placed a shareholder vote to increase the share structure to 2B on January 31, 2019. Delgado owns the majority so the vote never mattered, he was always going to dilute this pig. Before hand the float was about 30M. What happens to the stock when it’s so diluted down it can’t pick up its own weight. 30m float still doesn’t have enough volume to overcome volatility. Wait until it’s 2B..
Only thing Delgado has done right in the last 3 years is clean up. Guess what, GDSI is back to delinquent status with no updates on the 2018 10K or 2019 10Q.
How much time does Delgado even spend here? He’s got over 14m in operational debt occurred over the criminal sully still impeding this stock. Funny how debt isn’t paid and revenue isn’t made. Sounds like a company heading straight to BK status
If shrimp want to change the ridicule, they can start by getting rid of Delgado. He is cancer that plagues this stock. Peter is fine. CFOs that can’t keep the books publicly updated...
0 revenue is the last thing reported. It will remain as 0 revenue until Delgado updates the public with different information...
MM codes: 1000- don’t let it run and 911- news on the way.
I wonder what they are expecting to see...
Revenue = 0. What other research do you need to know? This company literally does nothing yet has a 8m market cap. Risk or not, if everyone could sign up go public and raise million to do nothing, then what’s stopping them? the debt alone is over 12m with toxic loans paying off other toxic loans. It’s a rabbit hole, and GDSI is going down it
GDSI back to delinquent SEC status. People claim Delgado is doing a good job cleaning up but that is just far from the truth. Gross revenue remains at 0 after 3 years. Operational losses amounted to -12m in 2014 under sully, Delgado is in dire need of cleaning up debt. All eggs are in the lawsuit basket for investors. Even then, around 60% of the proceedings are contracted out to lawyers and loan sharks. The 63m proposed damages after overhead, impeding debt, and collection hardy justify the 8m market cap that stands today. 2B share increase on Jan 31st, 2019 opened the ability for mass dilution into the market at the companies expense. CEO is in 3 different companies currently and time allocation is not here at GDSI. CEO can’t decide which direction to take this company and has teased crypto, security, safety, and commercial vehicles. Of those only Harmalarm stands true. Harmalarm purchased for 45k (real winner lol). We will see if Harmalarm makes a single dollar. NACSV no where to be found.
Red flags everywhere
That’s because that is dilution. Thats why most people call market makers crooks. They are professionals, they are given shares and a fixed price to convert and they profit with the difference in price. If they show the blocks, investors will spook and they don’t want that.
If someone was to promote this and they are as sophisticated as you think, then their name would be tagged by the broker or the promotion. That is easy to track down. It was literally dilution and I warned everyone. You defended them and now people lost 75% of their investment buying bulk around 4c. I feel bad for whoever lost all that money in a matter of minutes for blindly believing. Best of luck to you guys and hopefully you get your money back
Delgado, we want to see the freaking structure. If you update the SS to 2B shares, then keep the public updated... we all know he doesn’t have to do anything other than delegate. It’s not that hard when you do nothing.
Pentair will never do business with them. Their market share is too large in the pool market to care about a niche market. Only thing they will do is sell them the equipment they already make. I worked for POOLCORP, so this I can promise you
Delgado willingly joined a crap company. He came in and did nothing other than aid in a massive pump and dump (which I made over 20k in from a 500 dollar investment).
He then took a massive share count and sold them all and ditched...
If you don’t see a problem with that you need to check your morals. There is a reason 3 boards are all telling everyone that he is a conman... you don’t have to believe it but you also don’t have to defend him like it’s not true because it is. He literally made a bunch of money at thousands of shareholders expense for doing nothing...
Only a few buys today. Just market makers manipulating the stock. You can tell by all the even 000 trades. Would I buy in, no. Would I sell here, yes. The market will do as it wishes but real value (gross profit and net revenue) still equates to 0. This is prime dilution territory. Pump and dump in action, watch and learn
Whoever bought at 4c got suckered and already lost half their investment. Many sells today and no updates on structure. 2B share increase January 31st with a company that doesn’t make a penny. You know they have been diluting this sucker to pay rent.
Delgado is a con artist. He is in 3 stocks where all he does is talk and generates no revenue. It doesn’t matter how obvious it is though, people invested won’t listen.
Please, it doesn’t take a brainiac to know he was involved. He may have ditched early enough but he knew what was going on. Doesn’t matter if he was busted or not, he is still a con artist
Bill Delgado is a known con artist. He is the one manipulating this sucker up. All 4 stocks he is apart of tells the same story. SEC has close eyes on him. Too bad he let his business partners take all the blame. Poor Sully
Buy outs are 6x EBITA. Nobody will buy them out since the price isn’t worth it