For all those people hoping to get rich quick in sub-penny stocks... here's some observations
about gzfx...... these could fit any start up company as well... but this IS a gzfx forum.
1. Operates as a mail order business (snail mail), using internet ordering. You can still order by phone or mail address. Having a website and advertising on the internet
does not magically make GZFX an internet only business...
2. Gzfx brings nothing new to the table. Still mail order.
3. VoIP has been around for years.
3. VOD has been around for years (cable, pay, DSL).
4. Gzfx has and is funded by shareholders. Nothing new there.
5. Revenue is totally eaten up by costs, burn rates... CEO salaries ... has never had positive NET income as GZFX 2+ years... nothing new there as well.
6. Unfortunately, everything Gzfx has been doing has been done before, and they can only play catch up.
7. Due to funding techniques, but with a viable core business, Gzfx may be a looong wait for profitability.
8. Other sub-penny histories with the above profile point to a uncomfortable association with assorted R/S and other dubious schemes of share reduction, usually at the extreme cost of the small common shareholders .. (1 million or below) ..
9. It is documented in Gzfx filings that COMMON shareholders have no voting rights with Gzfx. No voting rights mean NO representation in the company.
Most sub-penny stock companies who emasculate the common shareholder usually show no regard for common
shareholders other than income stream.
This is all personal observation for thought.
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