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If Paul Sorkin want we trust him when saying this is company is one of the most valuable stock on the pink , wy did he not correct the status (limited information at pink sheets)?
Is Paul Sorkin with the 5 Billion OS he handled and sold out not able to pay for an reliable accountant to fill missing documents at pinksheets.com ?
Designed for companies with financial reporting problems, economic distress, or in bankruptcy to make the limited information they have publicly available. The Limited Information category also includes companies that may not be troubled, but are unwilling to meet Pink Sheets' Guidelines for Providing Adequate Current Information. Companies in this category have limited financial information not older than six months available on the Pink Sheets News Service or have made a filing on the SEC's EDGAR system in the previous six months.
I am realy surprised that so many people still believe this good life china scam is a good investment .
Just for info i got some chinese friends who visited some of the address of the company in China .
Place we see on some pictures with the haorizi panel on the building .
Nothing left there and after informations request to people living in the house the company is no longer working there anymore .At the time there was activity these people never have see much people from glcc working there .
Also do all these people who believe in this company have explain wy after have been a news machine for months this company do no longer post any news since months now ?
Due that this company is pink sheet scam with no warranty for your investment .
For people who remember the CJGH story its not far to be the same with GLCC now .
CJGh was also a chinese dark suspicious company who made also a lot of announces after a time they stoped to communicate .
Without any news they did a reverse split and changed from name .
Something similar will happen with this worst glcc too .
Now like all the time some idiots still believe this is a real company where they will make money over .
Well i say them guys you're all wrong .
Sorry for my poor english .
Sincerely
leole
This is one of the biggest scam ever see on this worst pink market .
This one was realy totaly scandalous it was a scam since the begining .
The most incredible is that nothing happen to these scamers .
But ok again with pink its all the time the same .
I was able to sell yesterday good news 840 shares at 0,40 .
So I got my money back +- from my last buy before the reverse .
I am now totaly out penny stock .
Personaly possible I will in the future buy again some penny stock but never more on the pinksheet .
OTCBB is BS too but you still have some more protection than on this worst pink market .
Anyway I dont invest any cent in the market at this time .
Good luck to all
leole
Hello If you sue them let me know I would like to join your action .
Lol BS man and without news they dont informed anyone .
Or someone have buy the whole A/S for cheap and will only take over fact the company was trading public but will run a totaly new business .
Like exemple deep down Inc DPDW did to become a public company .
Will them wish us Merry Christmas ? lol that should be the minimum they could do for shareholders lol ...
And wish us to lose à lot more money with them next year
Yes I totaly agree with you lowspark but I suspect this company is in the problem due of the new import rules in europe who since somes months dont allow china to export in europe bolts saw and possible ball bearing due of poor quality products .
This could explain that
No one paid the 30$ for the up2date O/S ?
I did already 2 times in the past and posted the info here so this time I will I hope read it from someone else :)
yes exactly anyway I am out since long time now .
But could be interesting to know the exact O/S today .
Are you sure from what you say ? 600M A/S do you have any link in reference .
Well when you see that in one day 37m shares where traded now we are sure the O/S is not 37M anymore .
If they raised again the A/S from 100M its not for nothing .
This is realy scandalous this company raise A/S sell more and more shares without providing any informations to shareholders .
This is definitively well a chinese scam like many other in this country .
leole
Do anyone know the up2date O/S ?
Invicta Group Inc. Increases Third Quarter Revenue in 2008 by Over 6000% From Third Quarter in 2007
Invicta Group Decreases Expenses by 41% and Decreases Losses by over 50%
CHICAGO, IL -- (Marketwire) -- 11/24/08 -- Invicta Group Inc. (OTCBB: IVIT) is pleased to announce the results of Operations for the Three Months Ended September 30, 2008 Compared to the Three Months Ended September 30, 2007.
Revenues for the three months ended September 30, 2008 ("Third Quarter 2008") were $211,735 compared with $3,460 for the three months ended September 30, 2007 ("Third Quarter 2007").
This represents an increase of $208,275 or an increase of about 6,019.51% from the revenues recorded in the Third Quarter 2007. The increase is due primarily to our efforts in bringing in new management, hiring IMAGE Worldwide, Inc. (PINKSHEETS: IMGW) to help with marketing, and by adding on additional products and services which helped increase our overall revenue.
Operating expenses for the Third Quarter 2008 were $195,481 compared with $331,611 for the Third Quarter 2007. This represents a decrease of $136,130 or a decrease of about 41.05% from the operating expenses we recorded in the Third Quarter 2007. The decrease in operating expenses from Third Quarter 2007 to Third Quarter 2008 resulted primarily from the reduced expenses that we realized as a result of closing one office (our office in Florida) and the resulting reduction in staff and other associated expenses.
The net loss for the Third Quarter 2008 was $230,624 compared with a net loss of $467,423 for the Third Quarter 2007, which represents a decrease of $236,799 or a decline of about 50.66%. The decline was principally the result of management efforts to evaluate and adjust our existing product lines, marketing channels, and cost structures.
Revenues for the nine months ended September 30, 2008 (the "First Nine Months 2008") were $238,459 compared with $57,473 for the nine months ended September 30, 2007 (the "First Nine Months 2007"). This represents an increase of $180,986 or approximately 314.91% from the First Nine Months 2007.
Operating expenses for the First Nine Months 2008 were $476,710 compared with $783,173 for the First Nine Months 2007. This represents a decrease of $306,463 from the $783,173 or a 39.13% decline from that recorded during the First Nine Months 2007.
Invicta's CEO, Paul Sorkin, said "We are very pleased with our financial results. The change of management along with the hiring of IMAGE Worldwide, Inc. (PINKSHEETS: IMGW) to help with marketing has proven to be a winning combination. Our goals for the third quarter were to create over $100,000 in revenue while controlling and reducing expenses and we accomplished our short-term goals. Looking ahead, our City Book Savings direct mailing product is a perfect product for a challenging economy. Clients will have to use more discount offers and coupons to compete and end users are more likely to take advantage of these offers in today's market. We are positioning ourselves to continue to make or beat our goals in the 4th quarter and for 2009."
About IMAGE Worldwide, Inc.
IMAGE Worldwide, Inc. (PINKSHEETS: IMGW) is a full service marketing and advertising agency. IMAGE is vertically integrated with properties including a concert/nightclub venue, fashion/entertainment magazine, IT solutions company, along with other promotional and marketing companies. IMAGE utilizes a combination of different forms of media and promotions to help clients showcase and market their IMAGE in print, online, and at events. www.IMAGEworldwide.com.
About Invicta Group, Inc.
INVICTA GROUP, Inc. (OTCBB: IVIT) is a multimedia advertising and marketing company. INVICTA is vertically integrated with properties including a travel broker & marketing company, ticket broker, high-end direct mailing book, and a promotional and marketing company. INVICTA utilizes a combination of different forms of media and promotions to help clients market their products and services in print, internet, promotions, and event planning. Invicta specializes in the Travel and Entertainment Industry. The company utilizes a number of websites and a large database to link travel enthusiasts and customers with products to fulfill their travel and entertainment needs. Some of the services include ticket bookings for hotels, airlines, car rental, cruise packages, sporting events, theatre and concerts. The 8 main websites are: www.Travelhotlink.com, www.Cruisehotlink.com, www.Airhotlink.com, www.Hotelhotlink.net, www.Autohotlink.net, www.Citybooksavings.com, www.IMAGEsandiego.com, and www.Tickethotlink.com
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
Media Contact
info@travelhotlink.com
Investor Relations Contact
1-866-210-4671
info@travelhotlink.com
Source: Marketwire (November 24, 2008 - 8:30 AM EST)
News by QuoteMedia
www.quotemedia.com
Wow yes I just checked , and people are not happy and I understand them + IMGW trade on the pink the worst market on earth .
I feal a litle be more secure with my ivit shares .
No will check it was just an idea it could be a good deal for both shareholders one company with higher earnings trading on otcbb .
I bet the next important PR after the quarterly report will be IVIT & IMGW become one company .
IMGW trade at +- the same price we trade .
And there is no reason to run 2 companies this make more cost one company including services provided by both companies look more productive .
Yes this is realy a question of hours or day now .
I would realy not be surprised to see it today .
good job soldier well done
let's hope
Will come soon :) we got more and more support since two weeks .
First the wall at 0.0002 was comming stronger and stronger and now the 0.0003 become stronger too .
We tested the 0.0003 already last week but a lot of people sold to take profits and it have disapear .
Now we are back and very stronger due that very less shares where sold at 0.0002 since 2 weeks .
If the CEO do not dilute shares at 0.0003 or 0.0002 we will be very soon at 0.0005 .
Now I think we are ready for a run .
Due that the price will go higher and we will be able to flip our shares at 0.0007 or 0.0008 in not long or more if the Q is realy promising
Bid 0.0003 x2 ask 0.0004 x3 L2 looking good
yes it will
The level 2 show that next stop will be 0.001 poor support at 0.0018 one buyer and one at 0.0013 then 0.001
well its still not very much
he hee very good profit this time :) enjoy
The O/S from IMGW is very small
O/S: 95,705,689
Restricted 73,045,582
Float: 22,660,107
IVIT and IMGW would have max 600M O/S for both companies.
Maybe IMGW and IVIT will become one company that look logic and now they are both trading around the same price .
Ok no problem at all Hope you will not lose to much here
Oups what do you mean bad grammar or I post a lot ? due that both are true lol
For my grammar I apologize english is not my primary language but I do my best
Yes like the lottery I continue to trade but only otcbb stocks with quarterly reports .
This allow you to better predicts when the price will go higher and this allow you also to know exactly how the company work the money they own etc .
A lot of informations you dont have with these scams on the pink .
There is a lot of otcbb reporting companies with less than 1B shares O/S trading at 0.0001 and 0.0002 with very better support and very more information about the company you own shares .
If the otcbb company dont not provide the reports you are waiting, an E is added to the symbol and the company is removed under 30 days if they dont publish the documents .
On the pink the company can be bankrupt if the owner dont send a fax to pinksheet the company continue to trade for years .
What did I say some days back about GLCC lol
I realy hope some people in CJGH got shares at the 0.0011 low and sold at 0.003 .
Due that for sure dont keep your shares .... if you dont sell now your earnings will be gone .....
Only my personal opinion
PINKSHEET MARKET NEVER MORE !!!
This is now a question of days , we will soon know if something good on the PPS happen .
Anyway for the moment L2 is looking good no one to sell shares at 0.0003 and the 0.0004 is reached more and more since some days .
Now let's hope the quarterly report is not too bad
A moron made a mistake on his order for 2m shares buy at 0.001 on place of 0.0001 this is not the first time this happen will not be the last time .
The guy was too nervous .
He just losed 2k usd I cry for him .
bid 0.0001 x1 ask 0.0002 x3
BID X1 at 0.0001 THAT IS NOTHING THIS STOCK IS DEAD
This is what happen when a company finance a poor business only with selling shares .
DILUTION
you will be filled very soon man before the end of the day .
If not this week you get your shares at 0.0001 and you will also be able to buy more if you like the ask will be very soon at 0.0001 .
But buy what ? A worst pink company who dont provide any warranty .
check the level2 its very easy to see and check my posts history on cirt I predicted that 2 or 4 weeks back .
Only one bidder left at 0.0001 and this is most probably an AON order that is locked .
In some days max it will be gone .
In less than 2 weeks people will no longer be able to sell shares due that there will be no bidder anymore .