Bingo !! RD, Now you are on to something. The same talk was absolutely present at 15,14,10,6,3,and 1 cents. And it will be here at .004 saying it is bottom !
I have never seen a stock where the majority of investors are in the Red for so long. And the same shareholders make excuses for the company as the price falls and falls.
NYSE and Nasdaq companies are not paid as well as Chip and JF ! Did shareholders vote on their pay increases as the price falls each day ? Seriously, 200K and stock is out of control.
There was no reason for 25 billion to be the number. It has nothing to do with CC. So why can't JF explain why 25 billion? Because he is conveniently selling from it. Then a Reverse Split and then more shares.
GZFX is not on the forefront of anything. So gagging this and that is only an excuse. Netflix could care less about a company with 6,000 subscribers. JF should embrace the shareholders as they funded his project.
Think about it. JF and Chip increase their salaries as the price decreases. $ 200 K per year plus stock for a company with very little business revenue.
JF and Chip just want to keep the gravy train afloat. As long as people call bottom and pump this thing, JF and Chip get paid.
And there are plenty of pumpers calling bottom, 15 cents,14, 13,12,11,10, and now 1 cent ! Get it. It will never end.
When many began here, the argument of value was in play. But the Outstanding Shares were in the 100 millions. Now 25 Billion pot for GZFX to sell from. So the equation of price falls as the billions hit the float.
It is all simple math.
And they are selling. Imagine how many were sold on the 1.3 billion share CC announcement day. Stocks only fall like this each day when major Dilution is hitting the market. It will take 2 quarters to see all of it to date BECAUSE they gagged the transfer agent from telling us. Well, how convenient for them. Buys time while they dump billions more.
The share count is the problem !! It makes the difference.
The problem is 2 fold:
A. The share count has risen and sub count has not kept up accordingly. The revenue is coming from the sale of shares and NOT the actual business plan.
B. Any momentum is HIT HARD with a ceiling of GZFX shares for sale. The company sells the shares for cash and squanders the money on a race car, shady Pittsburgh satellite, e-golf, Superbowl ad.
Wait until you see how much was spent on the satellite channel venture ! When will people wake up and question the frivolous spending ?? Many defend management regardless.
They doubled the Outstanding shares in 1-2 quarters ! Imagine 1-2 more Q's. This is unheard of. They are no longer a value at 1 cent.
1 cent is way overvalued with only 6 k subscribers last filing.
Any way you work the true numbers, GZFX is heading well under a penny.
The argument for value was lost when JF added 25 billion Authorized shares. He was even bold enough to make billions Outstanding on the last day of the quarter. He is mocking the market and making all of the money.
GZFX has a clan of people on the boards that defend their every move. Well, if losing money is appealing, then keep defending them. Time to ask the difficult questions.
Now bash me as usual and take attention away from the company heading below a penny because of JF's blunder.
Diverting attention to BMI only tables a discussion on addressing the Dilution issue.
The market is speaking to you loud and clear. Listen this time.
all imo.
