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If you’ve been invested here for 5 years then their is no way you’d have lost your $. In fact you’d be up a nice amount. Nice made up story though.
Late notification for filing is my guess of what it will be if their is news lol
Lol no I don’t think that will happen. It’s just the A/S, like jackpot said it’s possible it’s just for insurance to cover the loan if needed to. Don’t forget how costly it is for FDA trials. I believe it’s around 20 million.
https://www.otcmarkets.com/stock/GSTC/security AS raised to 10B after reducing it by 49B just a week ago. SMH.
If it is that one shareholder than yea I think he would have to be just about done but it could still just be impatient retail and not that one shareholder.
He’s talking about the 10m that went from restricted to unrestricted in September. I had emailed the TA at the time asking if it was sold and they had told me that the shareholder simply wanted the restriction removed. It’s been about a month since then so that shareholder could’ve been selling some, who knows, maybe he needs the money or it’s just been retail.
Around that same time QB was also just a rumor ;)
Their was a rumor a little while back that they were going to do a big AS reduction. Now that they’re QB maybe they will do it. Like I said it was just a rumor I heard lol
I agree that’s why I think it’s just retail. They need the big funds for clinical trials and that’s why they hired Sichenzia Ross Ference to help get those big funds
I think it’s more just fed up retail but we’ll find out which one it is in the next SS update
The only shares that I know that were added to the unrestricted shares in the last 4 months were the 10m in September and they were not from dilution. I contacted the transfer agent and they confirmed that a shareholder only had their restriction removed and that’s why they were added to the unrestricted share count. Other than that 10m the unrestricted has remained unchanged
Could be selling new issued restricted shares to friends and family at a small discount. It’s a possibility IMO.
No, the last update 10m restricted shares had the restriction removed upon request of the holder and they were not sold I contacted the TA about that who confirmed that they simply just had the restriction removed. This new update shows that 10m additional shares were given to an insider of the company. It’s not the same 10m as the OS was raised by 10m as well as the restricted and the unrestricted is unchanged.
10m added to restricted.
Pink Current, AS: 50B, OS: 561M, US: 456M
Outstanding Shares Updated:
551,495,726 (2021-09-16)
561,495,726 (2021-10-01)
Difference: +1.8% (+10M)
Restricted Shares Updated:
94,955,617 (2021-09-16)
104,955,617 (2021-10-01)
Difference: +10.5% (+10M)
OTC Profile, Twitter Search, @otcupdates
Update: 2021-10-01 22:49:47 (UTC)
I’m guessing it’s due to impatience and lack of communication from the company. Theirs definitely massive potential here but the company needs to start talking.
Yup I’ve been doing the same. Funny seeing it get intentionally knocked down when theres a big spread on the bid/ask and then seeing large bids pop up after lol I’ve been noticing that here a lot and the accumulation here is no joke ;)
Yes, I’ve seen companies get the tier change as quickly as 2 days but with the new ruling in the OTC just taking affect OTCM is probably as busy and backed up as they’ve ever been. Zero worries with GSTC though :)
Yup, should be any day now that the certificate is in. Possibly tomorrow or Friday we shall see.
Awesome! We’re so close to getting this story started
What they have is not the cure, unfortunately their is no cure for MS. Although they do believe they can prove that they have the most effective treatment out there to better the lives of those suffering with MS so that they to can live a normal and pain free life. To allow someone suffering with MS to live a normal and pain free life through their treatment would be a massive win! Go GSTC!
From the 8k “The Company is devoting all its available resources for FDA approval to enable marketing the patented treatment for Multiple Sclerosis.”
I emailed the TA about that to confirm if it was a sale or not and it was not. Below is what they responded.
Adrian,
The shares in question simply had the restriction removed at the request of the shareholder.
Thank you,
Brandy Montalvo
Transfer Manager
Standard Transfer Co.
Looks like the guy who was sitting on the ask all day decided to dump in the last few minutes lol
Nothing I can think of right now but the answer might be in the 10Q so need to look through it again
5 million added to restricted shares since the last SS update only a few days ago on 8/27.
Profile now updated and updates to otc markets are done. Next is tier change to OTCQB!
Btw the question marks in my previous post were just emojis from the link where I copied it from lol forgot iHub doesn’t do emojis
?? $GSTC
??0.0307
Pink Current, AS: 50B, OS: 546M, US: 446M
??Profile is now Verified
OTC Profile, Twitter Search, @otcupdates
Update: 2021-08-30 20:30:30 (UTC)
I agree it is a big deal but maybe they’re waiting for the tier change to QB to PR that
Yup thanks for sharing that, that’s what I was referring to. The part in the 10Q which states they paid 7 to stand inc. 29m shares per their licensing agreement upon receiving funding.
Yup that’ll be a great PR from the company but until then it’s good to know that they did officially get the funding
https://www.otciq.com/fees
It’s a $14,000 Annual fee for OTCQB status and a one time application fee of $5,000. No idea where you got 6 million from but that’s definitely wrong and I strongly prefer it to be OTCQB over OTC PINK any day lol
With just the right news this could explode. Don’t forget this is a low float ;)
Lmao I’ve read the filings. If you knew anything you would know theirs only 2 notes left and they don’t mature until next year.
Who’s the clown trying to walk it down tick by tick with their 300k shares loll clown.
Looking like clear skies now. No more notes for the rest of the year
I believe they got their funding but just haven’t press released that news yet. If you look at the latest 10Q it states that 29,130,167 shares are to be paid to 7 to stand inc. as per their global licensing agreement immediately following funding and the same exact amount stated is also to be issued to 7 to stand inc. immediately following the beginning of clinical trials. That’s 58,260,334 shares in total which on the last SS update was shown to be the exact amount of shares that were added to the restricted shares. It seems like they’re holding off on releasing the press release a little but I’m betting theirs a very good reason for them to be doing that. Keep in mind all the people that are involved, they are no small time players in the bio field and each one of the board members has many many years of experience in their respected fields of expertise.