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Also - my last comment Manning Rule did not go in effect for OTC securities until 2008, so 12 years ago.
Also, Neil Armstrong flew 78 combat missions in Korea and Aldrin many too. I would pick their experience over who you think in 2020.
Well not sure what you are trying to say, although I would argue the Apollo 11 astronauts were above and beyond many today.
Everything is electronic now and run on algorithms- super who cares. I know many market makers too.
You are referring to the Manning rule, which even back in the day did not apply to OTC and PS equities.
Discussion is a waste of time. Let’s end it and move on.
A long long time ago - Yes.
Thank you for the information.
Very good - that explains what is not a delay and the perception by some that no up-listing occurred.
I concur that the company has met all update financials. I have been out of the market for a bit but what you have explained make complete sense.
And upon judgment, the up-listing to OTC QB
GLTA
Ha - I have NEVER heard that before, “Responsibilities to the Market” explaining to a market maker !!!!!
Let’s remember what market makers do. Do you now PB how someone in the box operates?
That is quite funny!!!!
Broker Dealers have gatekeeper function responsibilities.
Some have failed and been fined.
Others have not and offer a broader spectrum of electronic services.
It is that simple.
GLTA
That is not anything new and not news so not sure point of post.
GDSI will be up UPLISTED to OTC QB, as it has already qualified with up-to-date filings.
When the award is decreed and capital venture money comes in, expect the uplisting will happen by Q2 2021, so soon.
At that point it will be available electronically everywhere.
Currently many online platforms allow electronic trading for GDSI on the pinks, including TD Ameritrade and Vanguard, to name just a few. Very easy to buy and sell.
GLTA
Gotcha- yes quiet for sure.
We should not be surprised as it is very likely the Judge would not announce within a week of the filings.
This is settlement time if there is to be one...so Judge may wait a few weeks before announcing the award.
Agree on NOT selling.
Have been in this for quite awhile and price target is .24. Not giving my shares away at .05 or .10 for that matter. Stock should get get to price target.
GLTA
Not overbought whatsoever.
GLTA
4.31m shares is only 133k USD of capital trade today.
That is not a lot of capital given a 192 million claim.
Hope nobody is short.
GLTA
Was it a buy to cover a short?
Wonder if any market makers are short?
GLTA
Agree looks very good on consolidation,
with high volume versus EARLY 2018. Volume is still inconsequential to me but when we see 10m+, which is only 300k, one can only imagine where the price could be...
It is certain to me that more are becoming aware of an opportunity here.
GLTA
Responses 04Jan21 and Replies 14Jan21
I agree with you on the technical aspects of what May or May not be decided by the Judge.
Perhaps there are just too many however’s and if’s on the board :) but it makes for good speculation!
The judge had many deadlines over the past two years, of which the defendants consistent missed and extended.
If the Judge decides not to extend for the Plaintiffs, they can still file on time.
I’m not sure what the point is, seems pretty straightforward. Nothing has really changed. The deadlines are still in tact.
GDSI = .24 pps in Q1 2021
Put me in for that to add to the prediction list :)
GLTA
Ha - “the market is smart” :)
I see many companies very under and overvalued versus many variables.
I have never known of ppl “flipping” penny stocks - that is a good one.
I also would challenge you on your trading knowledge. Do you think market makers get both sides of a trade in a thinly traded security? Not at all. You make the sale. You have to. Many are forced to be short or long.
Correction: no “expert” witnesses :)
GLTA
Defendants Denied.
No Defense Witnesses, no CPA expert Witness.
GLTA
That was an interesting “trade”. A coincidence the bid was just sitting there for the right size or....
I have a few thoughts too but finishing up Brunch now and will relay shortly.
Thanks.
Agree about Witness list It is due on 10Nov, so next Tuesday.
List of Attorney’s due by 03Nov for 17Nov
Wonder if everyone got their Attorney’s representing them in?
Does anyone know if that information will be disseminated?
I don’t think a settlement was ever likely so I would say not going to happen. I’m sure others may have a different opinion. I think this is getting quite close to the Award Decree by the judge. After the 17th hearing, we shall see.
GLTA
*Defendants motion for relief has been denied.
*17 Nov Remote Hearing Set.
Someone can call Clerk of Courts if they wish to verify/think this is not true.
Just not sure what the point is or who would care so much or be upset about my objective post on an update.
My post simply was that there are updates from a source. To drill down, one can say this, that, or the other.
I really don’t care as I stand by my posts.
We disagree again then.
Updated at 6:10 am on 23 October.
Disagree as 244 was on its way.
245 will hit this week given what I saw on Friday.
Another, well, I will call it a “movement or change” to the court documents.
We shall see next week but guessing we have a response from court.
GLTA
I agree that outcome is certainly possible.
(214-5.)
The requested award of specific performance would require the Bolzan Defendants, as owners of 100% of the shares of Rontan, to deliver their shares to GDSI as prescribed by the Stock Purchase Agreement that this Court validated and enforced as part of the Default Judgment.
It will not be long IMO - 4-6 weeks at most.
Looks like a status conference is coming up :)
GLTA!
I’m too smart to fall for that line
—————————————————
“That's not a realistic scenario as the Markets aren't open at night for scam OTC stocks, and there's no reason for the stock to rise”
Disagree
Agree. Meaningless.
I saw it and nobody else did. I
I was only letting the forum know that there was an “update”. I am certain I have a better background than most reading this and I have my opinion that I think is well known. Will not waste anymore time with this.
I could be wrong I could be right.
Are we not allowed to have opinions anymore?