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My guess is word is out that a PR is imminent. Someone from the PR agency or company is buying ahead of the release IMO.
Gartex, nice post. I agree fully. I am buying more on any dips the next few weeks.
GLTA
thesecrect, thanks for checking. It's clear the new company isn't selling any shares. Volume is too low. Not that they won't, but we'll see a PR campaign and a nice run before any dilution starts IMO.
What was it Warren Buffet said? Something about the stock market being a great way to shift wealth from the impatient to the patient? Anyone selling just a few days after the acquisition announcement deserves to lose money. PR campaign will be coming, even if just to drive up shares temporarily.
Market cap is only about $1 million at a .004 share price. If numbers posted so far are even close, this is a gift price.
good for you. Wasn't paying attention and was too late to get any 3s.
Someone just bought a ton down here at .003 range. Nice bottom.
Morning all. With only 3 MMs on Ask at ANY price, seems like a safe buy here. If Nite stays at .007 for the next few minutes, I'll buy more.
Nice add, rkor, and welcome.
Tompakov returned my voice mail. I was on the other line, so he left a short voice mail. Sounds like we should expect a PR any day to clarify the merger and future plans. Still no response from Jennings.
Oops, guess I typed that too soon. Bid support holding nicely though with 4 MMs on the bid at .008 and above.
Not much trading, but no sellers whacking the bid early. This means we go up today IMO.
Look up near the top of any Ihub page and you will see "Hot!". Click on it and then click on "Breakout Boards".
GBLK is number one on Breakout Boards on Ihub today. Should move up fast this morning. GLTA
Nice buy. I couldn't help myself either and bought more today. As long as the bid support is there, I'll keep buying. I'm sure the PRs will start soon, and then this will really fly.
Yesterday and today are just the start. When has anyone ever heard of a reverse merger that wasn't followed by at least a bit of PR? I expect news soon. Any clarification of revenues and/or growth and the stock will go ballistic.
Did you notice VFIN and Sally are not even showing an Ask on level 2? Word just has to spread a little bit more, and .02 should be a done deal today.
GBLK large in bold on buzz cloud. Means everyone on other boards is discussing this stock. When the momo posters start posting here, this will really go up fast. Those guys are doing the buying right now, but not yet posting.
ask moving up. Here we go...
Yeah, that's funny when someone does that. Now we see the bid building fast. Yesterday only 2 MMs chasing. Today we have 4.
We'll be back over a penny shortly IMO.
Trading as expected. Up big at the open, a little shake here as those who bought early yesterday exit, and then we'll see it move up again. Watch the buying pressure slowly move in.
Ask has moved all the way up to .015. Should move up big today.
I left a voicemail for Tompakov late yesterday. Also spoke briefly with the receptionist and a guy in customer service. Sounds like a hell of a business. Tried the Mutualoan website which seemed to work very well to determine how much I could borrow on my mutual funds.
Would like to get confirmation of $100 million revenues. I am thinking that $100 million may be the total loans they carry, but just guessing. If that is the case, if you figure 10% annually on the loans, that is $10 million gross profit. Even if expenses are high and net profit is only a couple million dollars, this is undervalued by at least a factor of ten.
I'm buying more at the open.
That's what I have. Just sent an email to Jennings. I'll post any response.
Chase is on... at 66 MM float, this has got to be worth a couple pennies or more in the next couple days.
ask uptick to .004. Here we go...
Wow. The big buys weren't mine. Guess the news is getting around slowly. Guess I'll hit the .003s as well to fill my position.
Float in January was 66 MM per TA. Probably have to contact the shell holder, Joe at Belmont Partners (see Ibox)to see if that has changed. Will be interesting to see if he says anything. Normally he won't since it's just been acquired and he will leave that up to Mutualoan to tell us.
My guess based on the chart is they haven't sold any more shares on the open market, so float is the same. 66 MM x .002 is $120k. Seems crazy undervalued, especially if the info is true that revs for Mutualoan are $100 MM+.
Even without perfect confirmation of float, this is a no-brainer.
No kidding. Look at post#597. $100+ million in revenues for Mutualoan. This is going to fly. I'm trying to buy more but ask at .002 was a fake. Now ask at .003. I'll test it here shortly.
GBLK being acquired by Mutualoan Corp.
Global Link: MutuaLoan Acquires Global Link Technologies, Inc. - WEST PALM BEACH, FL (MARKET WIRE) MutuaLoan Corporation, a Florida corporation (the "Company"), announced today that it had acquired a controlling interest in Global Link Technologies, Inc. (PINKSHEETS: GBLK), a publicly-owned Wyoming corporation ("Global Link"). In the near future, the Company anticipates Global Link's name and trading symbol to be changed to reflect this acquisition as well as the upcoming reverse merger with the Company.
hmmm. Got some folks starting to chase. Dang, gonna have to chase to fill more.
Agreed. Once the company is producing over 10 kg per month later this summer, I think people will start noticing. Once the see the potential beyond current production, sky is the limit here.
Just tried to get a few at .002 but it was only a fake ask to keep the price down. I only got 5k shares.
This will run shortly.
Where did you see that info? Were those values from the hard rock vein? If so, this stock will go ballistic soon.
I think it will fly. The news wasn't widespread, so a little stock movement should get people interested. If not today, then very shortly this will spike up.
The equipment that is shortly arriving will allow them to process the gravel-based gold much faster. Separately, they will be trenching, etc. to try and estimate how much gold is in the hard rock vein that they also own rights to. The $900 million estimated gold value is in the gravel. The hard rock vein will be in addition.
Buy more. The story just keeps getting better.
From the company's website (looks like an interesting business model):
MutuaLoan is a revolutionary new loan product aimed at giving the average investor much needed access to their mutual fund capital assets. Last year consumers just like you cashed in over $150 billion in mutual funds for cash needs and paid unnecessary fees and taxes not to mention losing their position.
With point and click simplicity, you can design a loan in minutes and be funded in days with no credit check, no appraisal, no verification of employment or any other typical qualification.
MutuaLoan is breaking new ground by being the first financial services company to provide a credit facility using your mutual funds as collateral. You can stay invested and borrow up to 90% of the value based on the risk rating of your fund shares.
It’s simple, fast and totally private.
See how much you can borrow instantly with our anonymous LoanBuilder tool right on this site.
Yep, I am expecting more steady news now that gold is being produced, the equipment is arriving that will jump production 10x, and the hard rock vein is being investigated. Imagine if they pulled a few samples showing an ounce or more per ton. Based on their location, it is really possible.
Whole company is worth only $1.5 million. Show me another company actually producing gold, with $900 million in reserves, and another major vein yet to be investigated.
This is a no brainer at this price.
GLTA
looks like ubss back to diluting. On the lead ask at .0019. Hoped we would break through .002
Have you talked to Doug much? Will he respond to email?
Looks like a few buyers today. Nice. I got a few more too.
Does my math seem about right though?