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This.... also like Rick said, if you're not wanting to be on board for the long haul, that's OK. It's your prerogative, your $. Many of us know this will be a process over the next few years. He's said that much.
Thx Rick!
Thx Jeff!
If the Feds start lowering interest rates that might bode well for financing :) Fingers crossed for late 2024.
Jeff, thx again for the update! For those fellow investors that missed it you should join the next one if you can. Very informative and transparent.
Great synopsis and logical take. That's why I'm holding firm and know this could take several years to really get going. I've got time and I consider this a long term investment.
Great thx Jeff!
Yep. When you really start to look and analyze these so called 'leaders' (their linkedin page, work history, education, etc.) You'll see trends are either warning signs (or not). The more I learned about Damoa, Just a lot of pomp and no circumstance. No true business substance. An entrepreneur vagabond shadowing as a business CEO, etc. I started selling and moving funds elsewhere. I also believed that the tech wasn't going to address their power needs sufficiently. Also I think the Biden administration's all in model of non fossil renewal energy sources and battery power only is asinine. Right now its not cost effective. Just ask Rivian...ugly vehicles aside. While it was a cool video on the GLID site, it just isn't reality. I think combustion engines are still going to be here for years to come with regards to moving large weight shipping. As for this truck stop, it's truly hilarious. Again, my only hope is that someone with any business sense, integrity and not a 'Nigerian prince' will resurrect the shell in some viable reverse merger or acquisition through a legitimate business that is already generating revenue. Here's to finding another 'Celsius'.
This. 100%. OTC is known for the land of impatience. Any real business isn’t going to have weekly updates for its investors. That’s just reality. Patience my dudes.
Unfortunately this happens a lot in the 'shell game'. So is life in the OTC. There were warning signs to me from Kevin Damoa. One tail tale sign is that these guys are into multiple entities in short amounts of time. If they were so highly touted why are they moving from one company to the next in such rapid fashion? They throw around CEO, COO titles like they're going out of style and don't have much substance. I've got a very small position which is worthless but maybe someone will resurrect the shell through a successful company like a reverse merger, etc. One can only hope. These guys remind me of the Nigerian prince schemes. Looking for our money and promising riches beyond compare.
I remember when that happened! It got up to about 0.40-0.45 pps! As we can all see on the aerial photos, the roads have been cut, gravel laid to the rail line. Hopefully our patience will be rewarded in before the end of 2024!
Like rain said, it's going to be a process once the financial feasibility study-analysis is completed. What will hurt/kill this thing is if interest rates don't come down. In reading the update, they're exploring options on all fronts. Again, nothing shocking or new but just glad they documented what we've been thinking all along in the financial update. This thing is still alive, perhaps not on life support but it's in a comatose state. A confirmed financial backer/financing will be like an adrenaline shot to the heart (think Pulp Fiction). I'd like to see this thing spring back to life like Uma Thurman after she flatlined OD'ing on coke.
Yep. I think we all suspected that's where it was at. In the last few years with climbing interest rates and less capital out there for those to invest in this doesn't surprise me at all. Again there's optimism in the document but reality also. They had to lay it out on the table. At least there's an official document explaining that much and with an updated website. There's a chance but there's also not a chance lol. Praying they secure funding in 2024 sometime to start mining!
Yes! Glad to see it's finally out of the 'staging' phase. Site looks very similar from the past but with more updates and a few more landing pages. You're right. They wouldn't spend the time or $ to do this if things weren't still moving albeit slowly. I'm still holding long...
For those of us that stick with this if that comes, the view from above is going to be awesome.
thx for sharing GTC.. they're quietly moving behind the scenes for sure..If their business model pans out over time, this would be a steady small cap type winner.
Yep me too lol. I’ve got time.
Despite the lack of news...this stock seems to be slowly creeping up over time. Interesting.
Exactly. I've been doing my DD on Reachout and I am very comfortable with this company. I've spoken to one of his team members on several occasions there and they are always informative and don't yank you around.
Agreed. I would say $0.05/share is just a START.
Yep it's almost one of those where I've put money into this thing and I'm letting it ride like any of my other long time investments. This is not your typical OTC. It's a tangible company that exists, has staff, makes payroll, makes $ and is making 'moves' or acquisitions. It's looking to eventually make it to the big time to attract normal wall street investors.
I wouldn't worry at this time. Things are in motion and items being worked on. These fluctuations are the result of impatient OTC investors. The volume moving is small. Like Rick said, he knew there would be impatient investors. If you want to get on the ride, great. If not, that's OK too.
Been a while since I've posted here but several here are right. The fact that there's a move to target acquisitions based on revenue generation is paramount. I was always skeptical of Glid and the Damoa who was at the helm. He had a track record of floating more than a 16 yr old kid going from one fast food joint to the next employment wise. My share count is in the 7 figure range but I haven't bought more due to the volatility of the business model, etc.
Agreed! We're still in pre-game as far as I'm concerned.
Me too. I'm in a similar boat. I'm about 46% off of my original investment and am in the 7 figure range share wise. I'm holding long though. When you look at the ticker, there's not a lot going on until they 'dig'. Once they do though, it will be well worth it...history shows. I'm a lot younger than Kearney so I know he has to want this too. We can all speculate what may be holding it up but at least he can give some info, good or bad (like waiting another year or two). Still personally I don't think anything's going to happen until near the end of 2024 and as interest rates start to come down.
There are some that really know the potential here and aren't panicking. I like to think I'm in this bunch. Of course anything can happen but Rick has been great in terms of transparency and we know what he has been doing in this small/medium size market space for clients that needs cybersecurity.
Mathematically 0.004 vs 0.006 or 0.009 is miniscule, unless you're buying millions of shares at a time. In the grand scheme of things if thing goes to where we hope it goes (above $1 pps), it's immaterial to wait for a thousandths of a penny decrease. The OTC is riddled with thousands of impatient investors looking to make a quick buck on the flip, hence the volatility in pps right now, up or down. In the medium time range, I'm looking for the ticker change and then continued acquisitions and eventually this thing will get out of the OTC in a few years hopefully. I think getting annual revenue up in the $50-100 million plus range is going to be important over the next 3-5 years. Then you're playing with the big boys and out of the OTC.
If anyone can buy now, I'd load up. :)
Yeah Rick did talk about each one of these things in his video snippet. He knows what we are all waiting for :) It's a process.
I want to see a new ticker like the rest but like Rick was saying, it's underway and it's a process. If the price keeps going down, then good for those that want to get in that haven't already. I'm holding long and I'm not worried about these fluctuations in the least. Miniscule in the grand scheme of things and if you're playing the long game.
If you watch Rick's video (while he was addressing us in the hospital!) you'll hear about the items you had in question.
Even buying in the 0.009s you're going to be more than fine, if you have the time to wait. Anything around a penny is going to be golden. Just my opinion of course. Even the current fluctuations I'm not worried because this is going to be a process. Rick even said it himself. If you want to hop on and ride then great, if not, no harm done either.
Here here... I'm in it for the long haul. I figure this will take 2-5 year plus to really get this thing going.
I'm not going anywhere either. I may add another 1-2 million over the next few weeks myself.
I'm not going anywhere ;) Still playing the long game with this one.
Awesome. Thx so much for sharing. Again he doesn't have to give us the time of day on these boards but he shares good will. I hope we all ask educated questions and show him decorum/respect when engaging him.
I had 10 million prior to Aug 2023 but dropped it to 2 million currently. I wanted to take some profits and move my investment $ into some other things. I'll be looking to add back another million below 0.004 in the next few weeks.
I had 10 million prior to Aug 2023 but dropped it to 2 million currently. I wanted to take some profits and move my investment $ into some other things. I'll be looking to add back another million below 0.004 in the next few weeks.
The administrative costs are miniscule which I guess is good but it also tells you that not a lot is going on. Still, their financials are always pretty much on time which in OTC world is the most you can hope for. They just have to start digging.