GV Condos for Sale in MelbourneGV Condos for Sale in Melbourne

Yuge volume just went by. there was 632k on the bid at 2.31, that filled, now volume is at 829k for the day...

I have some friends in Melbourne, Fl. near their real estate projects. I put some calls out for an update. I just heard they were working on the pool at the 1725 address and the listings are on Zillow.

All loaded up...

reading through the transcript of the conference call, they know they have a 3rd Q problem, it has dipped in the 3rd Q several years in a row. Some folks are taking advantage of that now. They seemed to hint they would have more to report next Q as some things didn't close in time to be added to 3rd Q.

I am backing up the tundra...

No cents watching this thing anymore, it had its shot and they failed. Seen this downward dance too many times...on to find something with more promise. good luck to all.

stick a fork in it

toxic debt, reverse split, repeat = FREEF

They really kicked rocks on this one. The timing of the R/S, the PO, All those news releases for what? just to try to dump shares at 500k volume per day?

Probably just going to swim around here for a minute minus their monthly burn rate.

March 31, 2018
reports cash and cash equivalents of $6,657,158
with 59.4 Million Shares outstanding
Average Share Price week before earning (divided by 12 for R/S)
?Mar? ?29?, ?2018 4.08 /12= 0.34
?Mar? ?28?, ?2018 4.44 /12= 0.37
?Mar? ?27?, ?2018 4.68 /12= 0.39
?Mar? ?26?, ?2018 4.68 /12= 0.39
?Mar? ?23?, ?2018 4.80 /12= 0.40

June 4, 2018
reverse split
12:1
4.9 Million Shares O/S

June 12, 2018
Closes on $18Million offering- Proceeds ~15-17 Mil?

18,280,000 shares plus warrants
+2,700,000 shares to agent
= 21 M shares at offering

21 million shares
+4.9 million shares
25.9 million shares New O/S

~$15 M Cash from offering plus cash reported Mar 31 plus 1 X earnings $505k

$15,000,000
$6,657,158
$ 505,000
________________

$22,762,158 divide by 25.9 M shares = 0.878 cents per share minus their burn rate over the last 3 months

A Case Study In How To Destroy Shareholder Value

https://seekingalpha.com/article/3973939-case-study-destroy-shareholder-value

total scam...I bet mgmt. doesn't even show up at their offices, probably moonlighting at mcdonalds to make ends meet.

smelling like FREEF here, down again...

Down day on positive news
probably not what they expecting when they were scribbling their stock dump plans on the cocktail napkin at happy hour

Yeah man. I gotta grab a screenshot of both. Maybe the shares short % Doesn't reflect the r/s or the new p.o. shares, maybe it does. No idea. I'm scratching my head, watching. I traded it once a couple months ago so it's on my watchlist

RSI 8.6 one of the lowest I have seen.

I'm in @ 4.30

nice little bounce this morning

watching 100 unit sales go through at the bid every minute on the minute...who the heck buys 100 shares of a fifty cent stock?

One of the best blackholes for your cash...

Garbage Management Team- Market Cap = $31.9K
Shares Outstanding 798.0K

They will be diluting soon to pay their way...

prolly won't happen, their toxic lender will be "granted" shares and sell them at a 30% discount on the market, further driving prices down. its the best scam gong...

Toxic debt lender's ATM, stealing money from shareholders for years...

https://seekingalpha.com/article/3973939-case-study-destroy-shareholder-value

They have "1" boat. Just One... "FreeSeas Inc. (OTCPK: FREEF) ("FreeSeas" or the "Company"), a transporter of dry-bulk cargoes through the ownership and operation of one Handysize vessel."

http://www.howardsmithlaw.com/ wonder if they could help stop the madness...

it continues. https://seekingalpha.com/article/3973939-case-study-destroy-shareholder-value

probably a good thing to get rid of the dead weight that couldn't make it happen...

They will likely release some BS news to do with some BS shipping leases to get a bump (and recruit new bagholders) before they start selling it into the dust again...

become a toxic lender. loan the company money with rights to discounted shares which you then sell at a discount on the market, wiping out shareholder value. repeat. this company already has their toxic lenders. you would have to find another...

would be a heavy volume day pre-split...

+1

The perfect ending...

Bond Villains. Mgmt must think they are Bond villains...Just reading the history of this stock reminds me of a Bond movie...

3.8 Billion O/S, up from a month ago. They have been busy since their shareholder meeting...

.

Watching RSI 17 SP 1.47 http://stockcharts.com/h-sc/ui?s=BXE&p=D&b=5&g=0&id=p77570202415&a=562595023

someone is working very diligently to make sure this doesn't close above 6.54... sell trades right at the close last 2 days to push it back down...

RSI 26 Close 6.52

http://stockcharts.com/h-sc/ui?s=BKCC&p=D&b=5&g=0&id=p81238311210&a=562279374

trash

/traSH/

noun

noun: trash


1.

discarded matter; refuse.

synonyms: garbage, refuse, waste, litter, junk, debris, detritus, rubbish
"the subway entrance was blocked with trash"