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Still at 0, still an ask which keep filling no matter what. For years now. Dead.
I thought you claimed he sold the 'gold'.
I think all the misreads is why the stock does not do what you hope.
You have misread the release. It does not say there was any profit which probably means loss. 10 million on futures can be 10 buys and 10 sells for 20 trades of 500,000 each, using under $20,000 on margin.
The crime was not shorting. The crime was the same as here, selling worthless securities. Selling worthless mortgages, claiming they were not, and taking the other side. The short was not the crime. All the claims of abusive shorting and naked shorting, like this one, are wrong. It's hard to believe anyone does not remember and understand this case. It is not complicated. Same as the FFGO fraud. Easy to understand.
You have no gold. The company has never said you have any gold. Only about 4 posters on Ihub have ever said you have gold, and your one of them.
It's just a different domain lol. Exactly what he states.
Always a good sign when the web site leaves. Next they can tell you that they have decided to stop communicating and you should just do nothing and wait for your extraordinary dividend. Don't worry when the stock is revoked and the shares are removed from you account in 6 years, everything is just fine.
No evidence of any short sales and there never was. The price of the stock is still higher than the assets. Short selling is an excuse used to sucker in newbie buying. Huge selling happens when you continuously double the amount of shares. A real companies huge buy back, will buy back 5% of the stock. Your talking about increasing shares of these scams from millions to billions to 100's of billions. GNCP alone can create a trillion from convertibles. 95% of the ownership of this is not even converted.
You can either learn how the market works because you have decided you want to make money or continue to live in a bubble.
When you do research instead of pumping a dead pig you can get somewhere. I'm sitting with 5 screens and this is up on the side as a tab.
I own about 30 stocks besides mutual funds. Many are for dividends and some great stocks that have been sale. Also own gold producers, oil producers etc. A lot of real estate trusts off the bottom like LADR and beat up oil stocks like IPL. These are real companies with real offices and real employees and real operations.
Coming here is for fun. Trading information I get from Elliot and fib traders none of which is found on here. I chart all day. Trend lines and fib retracements and extensions. Research at night. Never watch CNBC because it is about replays not the future.
There is nothing more obvious to me than how all the sisters are worth zero.
I'm having a great time in the market. Top is very close to in and I'm raising cash. The run in gold stocks has been great. Doubles or more. But I have made a lot more trading options and other sectors. SAND or SSL (on the Canadian side) I have been holding since the gold declining wedge breakout.
It is also true that pigs can probably fly if they grow wings. No one can say that is not true.
They wrote it off because they are 'in the know', and know it is worth zero or less.
You gave money buying shares without any guarantee. Shares that were all created from debt.
So can new buyers, that is why they have never been here.
The last run was the CBD crazy. Latest crazy is medical and internet shopping, internet TV. GNCP needs to pretend they are buying into that like they did with gold, arcades and CBD.
No exploration, read the filings.
Your guessing what would be a great thing, or something that would be done by a real company, instead of a shell; Guessing when all the filings state different.
Search light rented properties to GNCP for huge dollars paid in GNCP monopoly money. GNCP decided not to do any exploration as was stated very clearly, multiple times in years of filings.
The cost of the claims for searchlight was pennies compared to the dollars GNCP ahs paid for them. Cost has tripled with claim fees, interest and dividends.
Searchlight can simple take them back the properties anytime since the fees are not paid, leaving GNCP with nothing. But why bother when the properties are not worth anything. Maybe some suckers will buy some converted shares. If a real property buyer comes around, they can just cancel the rental agreement for lack of payment and sell them.
Who would be in charge of organizing the payout exactly?
Since no one knows who it is, why would that person payout, if they existed.
Tweets don't say they are selling gold.
That is a hypothetical question based on a dream; not on news, research, filings or reality.
They hold no gold, no claims and no real properties. According to them.
What is your definition of a scam then?
If there was a dividend coming, don't you think there would be some buying by insiders or there friends? You just proved that nearly all the buying is from yourself.
Sell what? Maybe they mean they will sell those futures contracts they were trading on gold. I wonder if they were short or long? Probably short.
Do you mean 400 million in the last month or for the month of March; because neither is correct.
In fact it takes 2 months to get to 400 million. Another 3 months for the next 100 million. So 5 months for 500 million and you have bought 20% of that in the last month. Probably more in the 5 months.
So there isn't any action here except for yourself and couple others.
No other options for a dead shell?
I agree GNCP is a losers game. I assume your cruise ship tickers haven't done as well as you hoped.
First someone will have to hear of the dead shell GNCP.
How is it a $1000 worth of stock lol. IT's a dead shell with a trillion convertible shares. $10 is a waste of money. Someone could have a burger fries for that instead.
They have never said they are selling any gold.
Hasn't it been said many times before that there was only a few on the bid? No one converting is going to put down billions that you can see when computers can automatically just keep adding them. Never here of an iceberg? There are many more types available now for distributing shares.
I rarely look at level two but I trade stocks that move to fast for that any way.
Gambling poor kids dinner money away.
So now it's just 'May be'. Either way, what a waste of 10 ten years.
You should have bought a gold company on the breakout in gold. Like SAND. I bought it in the 4's when the gold breakout happened. Bought GLD options on the declining wedge breakout and sold on the target. Held for a couple days.
Unless watching OTC stocks looking for conspiracies is a hobby your wasting time concentrating on dead shell that is a scam in more ways than one.
Is that the update that was coming in September?
No one works there. There is no business. lol. This is a shell.
Or just be an insider and have free preferreds from dividends. There are more shares from dividends in the last year than have been bought in the last couple years.
Are they back?
You are going to need more volume than that lol.
IT's hard to believe how someone could even do it twice. They really got them to believe that dividend thing lol.
Remember the last time the filings hit. Years of them. And Biocann was bought. And gold was getting sold. And management was stepping down. Everything everyone wanted. And the stock has no bid because none of it happened and the financials were3 bad lol. How ever financials did let insiders sell.