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I wager the latter... GVSI is just not worth the trouble to fix. Move on to FORW or SRNW. Action almost guaranteed this summer or sooner. Then use some of the profits to buy up 100m GVSI paper shares to decorate your new home.
Eighty five cents of WNFT shares has traded so far... Where are the big boasting buyers?
Volume has dried up to a pulp! 1k shares or $2.30... When the 'Great Escape' kicks in, we may see below trips.
Based on the US strong performance plus improving market conditions, it would make a lot of a sense to announce this summer and well before the US elections. My personal timeline is July.
JMHO
Agreed!
GS's aloof state-of-mind suggests that something very big is up, so big that he doesn't feel compelled to snap back at his loyal shareholders for the many defaming tweets and comparisons with his 'arch enemy' Rosen. Normally one might have expected GS to attack back considering his rather volatile and egotistical mindset. He did send a couple of 'justification' and 'blame game' tweets early on but none since.
In my opinion he seems perfectly content with all the GS bashing, as though he knows he will soon get the 'last laugh'. That's where his Israeli partners come in and your assessment of their being plugged in with big money is spot on. Softbank is a perfect example and could very well be his path to 'retirement'.
JMHO
A tweet like this one does beg for some obvious questions. Why is GS so preoccupied with Rosen's tickers rather than his own? My guess is that GS is pretty ticked off with the 'coordinated attacks' from March 15 on his GVSI deal. ...and understandably so. Clearly GS is out to get even with Rosen but something tells me that the 'theatrics' is also GS's way of biting for more time with his own deals. As I mentioned in earlier posts, I believe GS has passed the merger business for his tickers on to a couple of Israeli partners. Like us he's waiting for something big to happen. In the meantime he's managing his stables, enjoying the weekends at the races, and poking at Rosen for fun.
It's certainly not an ideal back drop for any investor but, hey, if GS's Israeli partners pull off a mega deal, then all of these messy details will be soon forgiven and forgotten.
JMHO
Are you addicted to GVSI and WNFT? Trashing SRNW and FORW won't make a difference. The first two tickers are dead money for years to come. The latter have a fighting chance. That's just a fact based on financials alone.
Next stop... $0.0015
Someone is desperately trying to boost the pps with a 6k market purchase this morning. By noon they lost half of their investment. Clearly the interest level has waned significantly. There's a good chance it will slip back to the Expert Markets where it will rest in peace. Sad, really. It had so much going for it back in the day.
Look more carefully Doc and you can see that all the share of SRNW always reverts back to its current close, despite several attempts to pull it down.
GVSI on the other hand is caving fast due to the accounting debacle.
You're absolutely right plus you could also be waiting years for something to happen. It's really a matter of choice, willingness, and a ton of patience. You may even consider willing your shares for your great great grand kids.
In all honesty, this ticker and GVSI are going the way of RETC and the others.
All of Calasses misdoings no longer apply due to statues of limitation. The WNFT case is now riding on a technicality of whether Calasses included himself as part of the suit or not before the legal time limit expired. It's an issue that the courts will very likely override, in which case the lawsuit then goes back to the lower courts to start all over again.
Legal ping pong...
The case will die out of its own exhaustive effort to keep it going... At this point neither GS or Calasses cares enough to resolve the case. They are entertained by the mere fact that the other side is forced to continue this nonsense.
Bored dudes with big egos...
I believe both GVSI and WNFT are pretty much done as far as GS is concerned. GVSI is an accounting nightmare that has become even worse with the recent Borges issue, while WNFT is a rudderless boat that has been set adrift within the NV legal system. Resolution will only happen if Cal or GS caves, which we know won't happen.
Looks like SRNW and FORW have become the remaining contenders for GS.
JMHO
The accounting review for a shell company is pretty simple and straightforward. There's nothing going on, hence the I/S and B/S are short and sweet. Had their been an irregularity, anyone of us would have caught it. ...and that didn't happen.
GVSI on the other hand is a different story for reasons we already know. It will require many more dollars than GS may be interested in investing to straighten it out with a new firm, especially when he has SRNW and FORW ready for merging.
If you own GVSI, best bail now. Already some shareholders have done so last Friday based on the inflated volume. I expect more to jump ship on Monday.
JMHO
Barcoding here around $0.002 until 2026. Dead money till then and that's with a big 'maybe'. Same goes for WNFT. GS has parked it away knowing the legal battle will continue for a few more years as it moves through the lower courts once more answering to technicalities that are essentially meaningless.
FORW and SRNW stand a better chance in 2024. Watch and learn...
JMHO
It's very possible... and makes a lot of sense.
Great point! Clearly a lot more is buzzing behind the scenes than we are made aware. ...and it will take time based on the many factors and interests involved.
...and when GS's merger is finally announced, where will you be? Eating more tacos and telling your girlfriends how many companies you've bought and sold... with the fleeting hopes of getting laid. LMAO!
Most likely political favors, which can lead to government subsidies on both sides, ...essentially non-interest loans/grants or free money.
When compared to the US, not even close. That's why I mentioned the UK pension funds managers earlier. As long as they are free to invest elsewhere, they will. It's no secret that the GDP for UK and Europe are weak and remain so for sometime due to structural issues that may take a long time to resolve.
JMHO
Hello, 2026... This nonsense will not get settle for another year, at the very least. In the meantime enjoy the 'barcoding'.
Until the UK pension funds get serious and park a substantial portion of their funds in UK equities, all of these changes will mean little.
JMHO
Good catch! Yes! He no longer wants to be known as the OTC Wiz. Clearly that image has not worked out for him. He's now shifted over to becoming 'Mr. Israel', hoping to associate himself with key players there.
I always had the impression that GS has wanted to list an OTC company on Nasdaq. The larger exchanges meant more to him than the riffraff associated with the OTC. Maybe he thought he could change the OTC or offer a beacon of hope/direction for others to follow. But after these past 3 years, he's learned that the OTC will always remain the OTC that it has been known for.
If a Nasdaq listing is on his horizon, which I truly believe it is, changing his allegiance to Israel is both a smart and wise move. However there is a wrinkle. Knowing Israelis as I do, they won't accept him unless they have control of key decisions. Considering all the issues GS has managed to get himself into with his tickers, I would wager that he's more than happy to acquiesce to their demands.
No doubt the future of crypto, nfts, and blockchain are well saddled within Israeli startups. Let's see if any of them will agree to merge soon.
JMHO
Your mother's basement must really stink from all the Mexican tacos and frejoles you've had to consume to save a couple of pesos. It's affecting your ability to think clearly. Maybe it's time to move out. Get your own place. Take up a hobby. Maybe apply for a job flipping tacos, if they'll take you, which I doubt. You know... live life beyond this message board.
Making your life all about getting even with someone you don't even know personally is pretty dumb. So you lost with TSNP. Get over it!
LMAO!
I saw those tweets too and concur with his/her views.
'Bar Coding' is a common phrase, north of the border. I guess it means something different in Mexico. Let me see... You must be thinking it has to do with 'bar hoping' where you get kicked out (marked or coded) by the bouncer for being a drunken idiot. Ok, that would make sense coming from you.
Interesting theory and supporting data... Something tells me that whoever is holding on to the convertible loan currently valued at $50k (at current prices) would be wasting their time trying to 'unload it' over the course of the next few months. Volume has been so anemic lately that a 10k sell can drop the pps to a penny. They would have to be selling 1k shares per day for the next 50 trading days.
My point is that I'm not convinced that these loans will be sold on the open market, while FORW is still in its current status, essentially an empty shell. Like you suggested, someone will pick them up privately. What I do believe, however, is that GS has been keeping both his shareholders and people of interest abreast of his intentions and is asking for more time to get it right.
When you think about it, it's no different than what he's been tweeting to everyone all along, only without the many crazy assumptions and interpretations from our local pumpers and dumpers.
SRNW is shovel-ready. If and when something is ready to happen, news will leak quickly and the pps will surge relentlessly. A gap up from $0.14 to $0.75 on day one is very possible. With such a small OS, there's no room for a gradual lift here.
FORW on the other hand has a larger OS. The price can oscillate between a 100% range without news, ...like it did yesterday. Any decent rumor can move the pps in a predictable manner. For example, someone just posted on FORW that there are two convertible debts waiting to be cashed out, one at the $0.012 level and the other at $0.05. They feel GS is deliberately trying to force their conversion before introducing a merger. It sounds possible, but frankly I see it as just another price moving rumor.
Also, FORW has a number of shareholders who will soon have shares to sell. I'm sure some have asked GS what he plans to do to increase their value. ...and I'm pretty sure GS is telling them what they want to hear.
JMHO
You obviously need more time here to figure it out.
I guess you've never heard of SPACs, which begs me to ask, what the heck are you doing here then? Did you get on the wrong bus to cross the border? LMAO!
It's an empty shell pending the merger of an established company. At $1 it would be a $500m company, $2 for $1b. ...but you knew that already. Why do you ask the obvious?
Bar coding here until year's end... then GS will try his January road show again. It's just dead money until then... and even the wait comes with a BIG 'IF', based on a slew of messy legal proceedings pending.
On hold, for now... When it moves, expect a minimum jump of 100%.
JMHO
It's unlikely that GS's cronies holding FORW shares are going to dump at these prices. Of course, anything is possible, but it's unlikely. They know GS well and will allow him to finish what he started, ...besides they'll reap rewards 100x's higher than if they sold now.
The recent S-1/A release indicates that something is imminent. GS's tweet mentioned that the April 15 version of the S-1/A included the answers to the questions that the SEC had requested. Now we wait for either more questions or their final approval. He could have easily 'kicked the can' down the road into 2025 in the same way he did with GVSI and WNFT, but he didn't. Consider that a 'good sign'. Instead the tone of his tweet gave me the impression that he's carefully monitoring this ticker's progress for a near term event, ...definitely prior to 2025.
Also, I've noticed his aggressive tweets against Rosen for the past few weeks. GS seems to be doing two things. First, he's taking Rosen to court on every possible technicality he can drum up, ...as though he were sending him a message to no longer 'mess' with his tickers. I'm assuming based on their tweet exchanges that Rosen was behind the 'coordinated attack' against GVSI on March 15. ...and second, GS is still pretty emotional about the entire GVSI ordeal, ...as though he felt that the GVSI deal could have had legs had Rosen not deliberately 'attacked' the stock.
That said, I'm pretty certain that GS doesn't want a repeat 'coordinated attack' performance from Rosen or anyone else and has made it his business to hang Rosen up to dry to make him an example of what would happen if someone else tried to attack a potential GS merger with FORW and SRNW on the near term, and possibly GVSI and WNFT further down the road. I also wouldn't be surprised if GS's Israeli partners have requested this assurance as well prior to moving forward with a merger deal.
JMHO
All those of you holding millions of shares of this crack will learn how tiny the exit door can become overnight. The last sh$tshow to resume soon. Bar coding under $0.002 until year end. ...and you've all been warned by GS too! LMAO!
Lesson here: Don't fall in love with your "picker" when clearly no one else wants it.
It's true that GS could favor his buddies at the expense of his loyal following but why would he do that when he has all the ingredients to put together a fantastic deal where everyone wins? At this point it would almost be harder for him to screw it up than to do close a solid deal.
JMHO
We do allow for occasional P&D blips on OTC. ...but when GS comes out and deliberate sets the score straight, what is left is just that, a short-lived P&D.
P&D alarm! Back to barcoding under $0.002 again