Global Entertainment Holdings Inc (GBHL)

[livingston78]

Global Entertainment Holdings, Inc. has a decreasing revenue on a YOY basis, only $8k in cash and cash equivalents, $102k in current assets and $620k in current liabilities for a current ratio of 0,16 that makes it insolvent. The real problem is the low float which you can own all for $55k, which in turn makes it dangerous because it would be very easy for the insiders or promoters to manipulate the price. An other problem is the extremely low volume, it could take a very long time before you have an opportunity to sell your shares.