Followers | 8 |
Posts | 2995 |
Boards Moderated | 0 |
Alias Born | 01/21/2006 |
![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Saturday, June 17, 2006 9:18:52 AM
Your post concerning GGI beginning to dump shares at 0.0050 pps is ridiculous! Get a clue would you....
if and when (more likely when than if) GGI begins to sell shares onto the market they can sell them at any price. Obviously, it would be far better for GZFX shareholders and the company for those shares to be sold at a premium price as opposed to sub-penny. GGI gets there shares at an 18% discount to the average volume weighted price per share determined for 20 days prior to draw down.....the 0.0050 shareprice described in the filing is used only to determine the number of shares to set aside for the SB-2.....it could be far more if the price continues to fall, or far less if the pps escalates or the shares are sold into a run driven by good news...
Again, it would benefit the company and the investors to see these shares being sold at a premium price, not rock bottom....I fully expect to see them sold into the next big announcement and POP...unfortunately, the POP will be/may be as short lived as the last one.
Also why I expect to sell all my shares at 0.01 pps!
UAV Corp. Expanding in the Global UAV Market, Projected to Exceed $58 Billion by 2027, with Increasing Government and Commercial Sector Adoption • UMAV • Feb 6, 2025 8:30 AM
VAYK Project $700K 2024 Revenue with $150K Net Profit • VAYK • Feb 5, 2025 12:43 PM
UAV Corp (UMAV) Kicks Off Landmark "SKY" Hangar Project with Land Clearing at Costin Airport Setting Stage for Q1 2025 Groundbreaking • UMAV • Feb 5, 2025 8:30 AM
HealthLynked Corp. Releases Annual Shareholder Letter Highlighting Recent Product Development and Strategic Vision for the Future • HLYK • Feb 4, 2025 8:00 AM
Wytec Wins Multi-State Government Contract for AI Gunshot Detection • WYTC • Feb 3, 2025 7:16 AM
UAV Corp. Retains Legal Counsel to Address Legacy Debt from HTTI Era; 500 Million Authorized Shares Confirmed - UAV Corp. Delivers on Strategic Commitments • UMAV • Jan 31, 2025 1:30 PM