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Alias Born | 01/10/2006 |
Wednesday, May 17, 2006 8:57:55 PM
You need to take another look at the financing. 20 million dollars gives GGI much more than 5 billion at current levels.
Read up on SB-2's too. You are way off base. In a nutshell, An SB-2 is approved by the SEC and the rest is up to GGI. I cannot explain it all on here. Just read about how they work. GGI gets an (absurd) 18% discount and will convert.
Remember when you told me I was crazy to even say the A/S's would increase into the billions? Well, it happened the next day. Companies pick large amounts for a reason. They use them! It is now clear what the 25 billion pot is for. Sure, not all at once. It is ridiculous how many shares GZFX has already sold IN ADDITION TO GGI financing !
Irresponsible at best with how the money has been spent. The CEO praises Europeans and seems to take a -me against the US flippers attitude-. The same flippers that he created. We can all cite many examples of how JF's timing sh*t on the same shareholders that built his experiment. He makes money regardless. His salary increases regardless and he can always get more shares. So he cares less than you may think about share price folks.
You may not want to be so quick to judge Investwize this time around. He also understands the financing.
GGI is already converting. The market recognizes this. Any volume and they will hammer it home. You will see.
ps- Will JF film the webcast from his basement or living room again? LOL.
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