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| Alias Born | 01/21/2006 |
Thursday, August 10, 2006 9:54:42 AM
Yeah right, no reason for further dilution....I guess you didn't read the SEC filings then? Let me refresh your memory....
(1) The 3,700,000 in stock subscriptions which GZFX expects to collect within the next nine months are based upon a contractual agreement with GGI. The agreement essentially means that GGI must buy 3,400,000 more shares at 1.09 pps when GZFX requests cash.
(2) These shares are not included in the current OS as many here have attempted to suggest. It is called issued and outstanding for a reason...these shares are neither currently issued or outstanding. But anyways, the 3,400,000 shares is not the real concern here....the bigger problem is the number of shares (warrants) that GGI gets to purchase at an 18% discount to the average weighted pps. GGI then dumps these shares into the float and these account for or are equivalent to many many more than 3,400,000 shares purchased by GGI at 1.09.
(3) Now, this only represents the remaining balance of the initial SB-2 shares and does not include the shares from the SB-2/A filing which allows GZFX to draw an additional 22 Million from GGI and allows GGI to purchase and dump into the float up to 3.8 Billion shares (calculated based on a 0.0050 average shareprice).
(4) Currently, the shareprice has fallen well below the 0.0050 pps used to calculate and register shares for the completion of the second SB-2/A (and has done so on more than one occassion). ...resulting in the need to sell more than the originally filed 3.8 billion shares.
(5) Now, the kicker....GGI is contractually obligated to both purchase these shares at 1.09 when GZFX requests cash, but are also contractually obligated to sell the shares (converted debentures) onto the market....
Results....
(1) An approximate 9 Billion OS coming your way very soon (based on JF's own words)!
(2) continual selling pressure such that GZFX shareprice can not move up (even on good news).
(3) Low volume due to low buying interest from investors that read and understand the filings.
Until the SB-2 and SB-2/A shares are all sold into the hands of investors (which is clearly not going to happen at the current pps) this stock is only good for flippin bait and at the current pps not really much good for that either.
It is all in the SEC filings....don't believe me, read them!
(1) The 3,700,000 in stock subscriptions which GZFX expects to collect within the next nine months are based upon a contractual agreement with GGI. The agreement essentially means that GGI must buy 3,400,000 more shares at 1.09 pps when GZFX requests cash.
(2) These shares are not included in the current OS as many here have attempted to suggest. It is called issued and outstanding for a reason...these shares are neither currently issued or outstanding. But anyways, the 3,400,000 shares is not the real concern here....the bigger problem is the number of shares (warrants) that GGI gets to purchase at an 18% discount to the average weighted pps. GGI then dumps these shares into the float and these account for or are equivalent to many many more than 3,400,000 shares purchased by GGI at 1.09.
(3) Now, this only represents the remaining balance of the initial SB-2 shares and does not include the shares from the SB-2/A filing which allows GZFX to draw an additional 22 Million from GGI and allows GGI to purchase and dump into the float up to 3.8 Billion shares (calculated based on a 0.0050 average shareprice).
(4) Currently, the shareprice has fallen well below the 0.0050 pps used to calculate and register shares for the completion of the second SB-2/A (and has done so on more than one occassion). ...resulting in the need to sell more than the originally filed 3.8 billion shares.
(5) Now, the kicker....GGI is contractually obligated to both purchase these shares at 1.09 when GZFX requests cash, but are also contractually obligated to sell the shares (converted debentures) onto the market....
Results....
(1) An approximate 9 Billion OS coming your way very soon (based on JF's own words)!
(2) continual selling pressure such that GZFX shareprice can not move up (even on good news).
(3) Low volume due to low buying interest from investors that read and understand the filings.
Until the SB-2 and SB-2/A shares are all sold into the hands of investors (which is clearly not going to happen at the current pps) this stock is only good for flippin bait and at the current pps not really much good for that either.
It is all in the SEC filings....don't believe me, read them!
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