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Thursday, April 06, 2006 3:09:12 PM
Ragsorriches, you asked for some analysis on flippers pertaining to GZFX price. Someone has to buy the float.
Another positive to flippers is that they absorb the new O/S's from GZFX much quicker. By turning over millions of shares, flippers give GZFX their cash much faster. Perhaps if they got the needed cash, then they will quit selling to market. Then we can move higher. Do not forget that JF created the main price ceiling. If lifted, we could move much higher.
Let's not forget that JF chose to time the Nevada filing a few days before the CC announcement. He could have waited a couple days and Authorized much less in order to produce the same result. We would be much higher if not for the timing of JF on multiple occasions. The filings hitting when momentum was at its peak. JF destroyed the rallies.
Give them credit for CC, but understand that the proper PR campaign would have generated enough interest to take us well over 5 cents, imo.
JohnGyver, per the PM, send me your e-mail and I will answer the question.
JF takes the approach, " GZFX against the market", rather than working together to achieve a common goal. With JF and Chip making money regardless, shareholders have been left to fend for themselves. He has not taken care of the many loyal shareholders that have funded his venture. JF created more flippers by extending breakeven many times. His unexpected filings also crushed the trust factor.
Perhaps without any expectations, we can move higher when a PR hits. Hopefully, .012 is a base that we can gradually build on.
It is all in the past. It is what it is. Understanding what happened is also important. Hopefully, JF has learned and we can all make some money.
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