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What is your proof ?
I'm also thinking those sites are fake in order to make the stock fluctuate.
However, it is not evident to me that it's being done by the people who run TBEV company.
It could just as well be people on this board who can create fake sites in order to pump-and-dump the stock.
However, it is also not clear to me that there is nothing but doom-and-gloom for this ticker.
I'll bet it still has several lives left.
What was the change?
If I'm remembering correctly, Dwyer is stepping down due to health issues.
My guess is that whatever he did with the TGGI ticker, he will do the same with the GCGX ticker as well. With the exception being that that GCGX will end up on the OTCQB at a future date. I believe that was their long-term goal.
I don't disagree.
Something similar could happen here as well.
Nobody's saying anything, so I guess I will, even if I'm wrong about it.
The previous year, the company was talking about moving this ticker to the OTCQB.
I suspected that a reverse-split would have to take place since it was not going to reach a penny on its own. This is so that the stock price would meet the required minimum.
Now that the split took place, I think the stock price now needs to stay above a penny for a whole year (or maybe 6 months), which it can easily do.
After that, the goal is probably to try and switch to the OTCQB. And then if it makes any sense, move it from there to an even a better exchange.
That can all happen if the company has decent products to sell.
It looks like all of the day-traders have abandoned this ticker
Somebody mentioned that there's a lot of pumping going on.
Frankly, I don't see that happening. I'm following all the messages on this board, and I must say, it's pretty quiet for this ticker. This board hardly gets a dozen posts a day.
No, I don't think any pumping is going on, I just don't see it.
What I do see however are mysterious large and expensive stock purchases taking place with no news to go on. Just a fact. You can come to your conclusions about that.
There was an 80,000,000 share purchase at the end of the day.
That is approximately $96,000 dollars worth of stock !!!
That happened in the last minute of the trading day.
One person is taking a huge gamble if there is nothing happening here.
What you just said doesn't explain the sudden interest in this ticker.
There's more to this. I'm sure of it.
I've had stocks that were reverse mergered. Nothing happened.
But I assume it's up to the board what would happen to the stocks.
There was panic this morning. Sells outpaced Buys by two to one
I'm afraid this ticker has become a flipper's playground
But now the Buys are catching back up to the Sells. I'm betting this will be a roller coaster ride for a little while.
That web site was created on Sep 15, 2020
So it's fairly recent
I believe that means the stock ticker is not dead. Most likely due to a reverse merger that's about to take place. There's no point in building a web site and changing status info in OTC Markets if the there's no hope of the ticker surviving.
Reverse mergers are tons cheaper and loads faster than trying to start a new OTC ticker, is my understanding
If you look at this link, you will see that it says the "Industry classification" is: Pharmaceutical preparations. About a week ago, I saw this ticker symbol in a list of marijuana-related stocks. In other words, they're not selling milk anymore
https://www.otcmarkets.com/stock/TBEV/profile
PROFILE DATA
SIC - Industry Classification -------- 2834 - Pharmaceutical preparations
Incorporated In ------------------------- NV, USA, 2010
Employees ------------------------------ Not Available
Shell -------------------------------------- No
1.5 billion shares were purchased yesterday
That's 15% of the outstanding shares out of about 10-billion
Either it's just mass hysteria and people are buying thinking there may be something happening
Or maybe something really is happening, like a reverse merger, for example
This Twitter news just posted 2 hours ago? https://twitter.com/Global_GCGXOTC/status/1346127245899927554
What did they post? I can't access it.
FUBAR, I think you're on the losing side of this battle now.
Every once in a while, a dormant volcano erupts abruptly and severely.
Just ask the people who lived near Mount Vesuvius
Okay, but why would a FUND only purchase $55 worth of stocks?
That in itself is smelly. I think that is either a mistake or a dishonest investment
The BUYS have outpaced the SELLS today
I think that's still a good sign for things yet to come
I also believe something's up.
Way too much activity and shares traded yesterday for a $0.0001 ticker to all of a sudden trade 3.5-billion in a single day.
Some news will come out before the year's end, I'm betting.
Yesterday's activity was unusual for any stock in general to be nothing.
I'm disappointed they didn't plant the 150 acres.
They said last year, that after the harvest of the previous crop, they were going plant 150 acres in March.
It's now April. Where is the update on that ?
If the planting already happened, please let us know. Thanks
The company said they would plant another crop in March.
Does anybody know if that got done ?
I'm waiting for the 150-acres they said they would plant about now.
When that mall finally opens to the public, plus with the fact with the stock has been up-listed to the OTCQB, that will finally put GCGX on the cannabis map.
That's when you will see real up-surges in stock price.
Currently, on the day-to-day trading, all I see is stock flippers trying to outsmart each other, and some minor dilution. Hopefully, this pattern will change by the middle of April.
The 'Float' is still low compared to the outstanding.
That's only for North Carolina.
It's a good thing GCGX's business is in Colorado and California.
I like your optimism!
What do you base your 28 P/E ratio on?
The next big news, other than the annual report, will be the start of the March planting.
This 150-acre harvest will bring in $30-million to $45-million in revenue, based on converting the harvest to CBD oil. That is the most lucrative form of revenue from the hemp harvest.
Let me remind you, that planting will begin one month from now. What does that equate to ... ?
That will give a stock price of @ $0.20 by September, if that is the only thing they do 2019, ( based on the worst case scenario of $30-million revenue and 1.4-billion shares float ).
I believe they have 90-days to post the Q4 results.
They may want to take their time and do it properly and concisely since they'll be applying for the OTCQB.
I believe they will report at the last minute, and then immediately apply for the OTCQB.
In April, we should see this rise to about $0.10 based on Q4 results and projections.
???
What makes you think that
???
2019 is the year.
Mickey was talking about 1500 acres of farmland. That won't happen until 2020.
2019 is the year that everything gets ramped up, and the stock gets up-listed to OTCQB, and the price starts to climb without hinderance from unbelievers.
Whoa! ---- Baby steps.
We don't want or need company debt. It's only going to take one extra year to get to the point where you're describing.
This is just a little over a month from now:
Global Consortium, Inc., to supply $50,000 of product weekly to MJ Delivery company in Lake Tahoe area.
Source: http://ih.advfn.com/stock-market/USOTC/global-consortium-inc-GCGX/stock-news/79111574/global-consortium-inc-to-supply-50-000-of-prod
I just had a wonderful realization about the OTCQB up-listing.
The up-list will expose the company and its stock to a much wider audience. The company genuinely wants and needs to make that happen.
Since they meet the eligibility requirements already, I suspect that immediately after the 4th quarter (10-K) is published, there will be a titanic push to up-list to the OTCQB.
Be prepared for a rush from investors to get in on the company's potential growth in 2019.
I predict the stock price will swell to $0.10 some time in April. I am excited!
In order for GCGX to up-list to OTCQB, here are the requirements:
OTCQB Eligibility Requirements:
• Not be in bankruptcy
• Meet minimum bid price test of $0.01
• Be listed on a Qualified Foreign Exchange or be a U.S. reporting company (SEC, Reg A+, or U.S. Bank)
• Submit a Letter of Introduction from a firm qualified to sponsor companies on OTCQX
Verification Requirements:
• Maintain a Verified Company Profile
• Post initial and annual OTCQB Certification
Here are the full details: https://www.otcmarkets.com/corporate-services/get-started/otcqb
According to the latest Tweet: https://twitter.com/Global_GCGXOTC/status/1084863450545881094
Marcum LLP is a "Big Deal" accounting firm.
Check them out: http://marcumllp.com/
Global Consortium, Inc. to retire 60 million shares of its Outstanding Common stock
Source:
http://ih.advfn.com/stock-market/USOTC/global-consortium-inc-GCGX/stock-news/79029754/global-consortium-inc-to-retire-60-million-share