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I have intentionally tried to stay off the board after the August 15 filing or let's say a month after the August 15 filing. My posts are very clear regarding my opinion. The company will have a hard time coaxing any new investors if the deal with Wellington fell through. Regardless of the forward looking statement, the May shareholder letter (to the valued shareholders I might add) listed a very detailed plan. Was it a ploy to issue more toxics so that they could stay employed longer? We will see.
I hope that I am truly wrong and I do want the company to sell products. However, the execution has not been to my liking and has take way too long.
This morning, I thought I might add some because I could double my positive at 1/20 of the cost. But I said no as a matter of principle. I will wait for the filing. I have to work for a living and so should the others members of the growing GNID team.
Only thing that I know is that the bid is .015 and the ask is .04. Management has kept the shareholders in the dark. Also, they have added staff with virtually no sales. The next filing will be revealing. $7.75 to .015 is a record short time. At least for a while (if not presently), this great staff is getting paid with toxics, which I know Lorraine has personally stated she hates. $6,000 of sales can only cover so many salaries, especially the salary of the VIP of sales.
And yet for a stock that does not have any more toxics left, the price continues to plummet.
they omitted any reference to the deal. The omissions were deafening. However, they did not say the deal was closed or blew up in the last filing.
Phase 1 is the completion of the 1,000,000 transfer of cash. That is a material event. Should not the company have disclosed the closing or non closing of this event at the close of October 31? The outcome of this event should not be delayed until a subsequent filing.
If not a material event, they should have disclosed the outcome to the shareholders who bought the toxic notes and carried their inflated salaries and bonuses for the year while the fab 7 or 8 (so many employees, yet so little sales) produced 6,000 of sales as a courtesy. I say a gesture of good will.
Thanks!
Can you elaborate? I do not have level 2.
I certainly hope you are right. As of right now, I have a different opinion of the company than you do. A week from now will disclose all.
I guess that is why Hartman gave such a rosy interview. Wow.
Wow last youtube video Hartman promised that I would get rich.
Know what you own and I want to get rid of what I own.
Not free for me. This has been the nightmare from hell.
It is not FUNNY. I have too much of a vested interest for this to work, and many others do to.
I understand your hatred of toxics, and share your same venom. However, my tolerance of toxics is for the end game, production of a product to get to market. I have been critical of management only for them to get the products out to market. I would have taken a much different path. The filing on November 14 or 15 will tell all. I sure did not like the August 15 filing and hopefully phase 1 is done and will be disclosed in the filing.
I know what I own-a pos.
In the coming weeks, months, years, decades, centuries?
Once again, how long does it take to seal a deal. Coming weeks, months, years, decades.
CEO gives an interview, stating that there would be products going to the public in a couple of weeks. He said that shareholders would be rich. Sheeple bought this story like myself. A few days later, complications arose and it would be the first quarter to get the product to the public, along with the renegotiation of debt. Translated-more toxic debt to keep the mouths fed. Create a positive story and unload debt with a forward looking statement. This is the modus operenda for OTC stocks. Unfortunately, these guys are never accountable.
Nate's got this (sarcasm). That is incredible. How long does it take to strike a deal?
What about the period from the alleged China deal to August of 2016. A lot of shares were printed. He still has not finalized this licensing deal. Until he does one major thing he has stated he would, he is still another OTC promoter printing shares to the sheeple like me. It should not take this long to get a product to market, or at least producing and selling in California.
Only thing Nate has proven is dilution. He can dilute with the best of them. Pontificate and dilute, but Nate does hate dilution.
Nate has really got this. Unbelievable. Is 2020 a good due date for the China deal and this licensing agreement?
I might need one of pain patches if it continues red.
In the coming weeks, months, years, decades, millenia?
Let's hope so. For the first time in a while, I am feeling optimistic.
I agree. Once again, I do not know how this will all play out, but the company is finally showing signs of life. In the last q, no mention of Wellington Shields. Now, they are on the website, along with the Ruth Group.
I am just happy with the changes in the website that there is something being done in a positive manner. There is no longer silence. I do hope the game plan is coming together and it appears the evidence is confirming this.
No t a problem. I have lost a lot of money. Good luck to you.
Thank you again for the post. This may have wings. I may even buy more before October 31. That was very enlightening.
I may be needing to send Lorraine and the Fab Five an apology. I am glad the Ruth Group is back. I hope Lorraine has proven me wrong. I want to be wrong.
I do not know why everyone is concerned. They have two attorneys on staff (well one is a patent attorney) and they hired a new CFO who knows how to do all the filings. With all that brain power and no sales, this should be an easy question.
The sound of silence. 25 days until October 31. Fab Five-we are waiting for news. I had to call to find out no more Ruth Group, at least for IR services. Now somebody contacts the transfer agent and GNID has terminated services with them. You have 8 mouths to feed with 6,000 of sales and a huge amount of expenses.
It really does not matter. Toxics, no toxics. The future of GDID depends upon the execution of management. After the last filing, I am not impressed. They have less than one month to come up with something. Those acquisitions with cash are not happening, but bonuses, resetting of option share price and hiring more mouths to feed are and they leave an evidentiary trail.
I have got to give credit where credit is due. Good job!!!!!!!!!
Coming weeks, coming months, coming years coming decades?
We were expecting one in the last couple of weeks, and guess what, nothing. October 31 is coming and they will need more toxics to finance the 8 mouths they have to feed off 6,000 of quarterly sales. If they 1,000,000 has been transferred, it should be disclosed. The sound of silence. It is all about execution. The reputations of the fab five are on the line and the noose is tightening.
Okay, how long is the coming weeks???? 5 so far.
Nate, how long is a couple of weeks?????????????????????????
I heard that. I will purchase some in the next month on one of those websites when it comes available. Thanks!
Thanks again.