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QUIT DUMPING ALL THE SHARES AND THE DAMN THING WILL RUN!!!!!!!!!!
Damn morons!
I totally agree. I was very pleased to get my money back yet I hope a lot of these people that are excited about this POS don't get burned. It is not a real company. The CEO is a crook and if people dig a bit they will find out the amount of times he has totally hosed the investors.
Good luck to all, but be very careful with this one!
This thing isn't going anywhere until the dilution levels off. Adding 2 billion shares to a stock is not a good thing!
Sure, it gave them some leverage with buying other business and expansion, but until the people holding those stocks stop selling them and the authorized share number goes down this thing will not be climbing.
It's a waiting game at this point. Hoping they do good with their financials and business ventures.
Surprised we didn't see more of a change in share price with that amount of purchase. Generally that would cause some upward movement...
2billion. That's a pretty damn big increase in shares from the 300mill.
I would bet if it goes through we will have a massive drop in share price with a long road to recovery, if it even ever does get back to where it is now.
I've been holding long yet I am now feeling quite skeptical as to the direction of this company. Possibly many others are feeling the same way and getting out before the tanking of the price with the addition?
Nevermind. I found it right after I submitted that post.
:)
Shareholder meeting? When and where? If anyone knows please share the info.
"I whine so much sometimes I forget what I'm whining about" manslap, the hater of all things SGMD.
I totally agree!
I don't know if manslap lost a bunch of $$$ already and is hoping it keeps tanking, or if he thinks his constant nagging at anything positive is doing some sort of good, but regardless it's reached a childish annoying point.
I've been invested in this for quite some time. I should have sold when the price jumped, but was still short on some of my shares and decided to hold long. Possibly a bad decision, or maybe the whole dang thing will turn around with some positive news and company progression.
Maybe...
Someone call the whaaaaaaaambulance for all these people that didn't get their quick turn around dollars and have to whine about it to the world. It's investing. If it didn't work the way you want, try a different approach next time, or, stuff a pillowcase with your money and get over the damn pity party bs.
Well said!
I'm a newb to this stuff too. Thanks for the insight on this thread today from the veterans.
I see some method to a lot of the madness at this point and will be changing some of my strategy a bit.
Sure wish I could read the chart stuff better. Time to start doing some homework!
I'm in this for long gains, but it was hard not to jump ship yesterday when I was looking at those substantial gains. I'm still sitting pretty though for now.
All just numbers until I hit the sell and I am in no hurry.
GO $GMD!!!
Good chart info! Thanks for sharing.
Steaming pile of crap! Absolutely worthless scam of an 'investment'.
Thanks for your investigating 'frontloading'.
I've done a fair amount of digging, but didn't come up with the stuff you have brought to light.
I also got my shipment. It arrived today since I had it going to my business and we were out on Saturday, but it was set for proper delivery before the guaranteed ship time.
Surprised to see the high bid volume on this POS! Even if something is said to be happening I highly doubt it will be legit.
Or, maybe they purposely tanked it, buying up all the shares when people finally bail and now they will release their little "plan", pump the stock, sell for gains and screw everyone all over again!?
Logic dictates, that this stock is a steaming pile!
I hope new investors looking into this realize this company has done a stock split 3 different times recently, and will probably do that same thing again which in turn will totally hose you when it tanks. As it did ALL of those other times! I went from holding millions of shares down to several hundred without any choices of my own.
Beware.
This is a POS stock!
I am very skeptical of there being any sort of follow up from this "company" or any sort of reimbursement. At this point, I believe they are basically a pink sheet scam and people should be very wary of investing.
But, I do have all the documentation and could certainly provide whatever would be requested if it ever came to fruition.
First reorganization 12/2/2014
Second reorganization 07/28/2016
Each time adding 'value' to their stock by cutting amount of shares, and then the stock continues to tank and ends up in the crapper the same place it is now!
It's a worthless turd of a stock.
Well.... Overall the $20 isn't my concern. The main concern is that others will invest into this junk and get hosed as they 'reorganize' again and again.
This stock is an absolute joke. Twice since I owned it they have reorganized and split. I owned over 2.5million shares and they have taken that number of shares down to 622 now. I got charged $20 for a reorganization fee AND lost all value of my investment!!
These guys are not going anywhere! Beware!!!
It's a rocket.
Now it's just a matter of where it is going to plateau.
I have searched high and low without much reasoning for the explosion here. Does anyone have any valid insight?
I sure hope it soars for everyone involved. But, you are right... I did reach a breaking point and couldn't keep watching it drop 10+% each day. Basically everything on my watch list has been in the red for too long for my sanity, so I am looking at other avenues.
I have been working on my patience... I just haven't quite found the happy medium yet with it. :)
Based on the numbers of their parent company I bet this stock is going to fall much more before a substantial climb. I did a bit more research today and decided to dump my 250k shares. Good luck to all!
It's pretty bad when 0 activity makes me happy.
I bought low, I bought high, I bought low again, now I just watch it tank daily and laugh...
In it for the long haul at this point I figure.