Friday, September 29, 2017 4:35:40 PM
I have personally been investing for over 20 years and in a VERY VERY RARE Situation you will find yourself in an opportunistic position.
Its almost UNHEARD of for you to have the opportunity that presents itself on this stock today.
So lets just review a couple simple facts!!
The company was "A COMPLETE DEAD SHELL", to the Best of My Understanding!
They were WORTHLESS JUNK for almost 2 YEARS!
In AUGUST 2017 THIS ALL BEGAN TO CHANGE
The Company Hired A New CEO, who has tremendous Intellectual Property / Patents Etc and is the Director of a company that is publicly trading with a Market Cap of About $1.5 BILLION. The Research Was Posted in the IBOX ABOVE!
https://ih.advfn.com/p.php?pid=nmona&article=75399255
The stock had not had much volume in the past and the # of shares that traded under .001 is probably in the area of 500 Million, as some of the same shares that were Freely Trading had traded back and forth in "DAYTRADERS" Hands. So you can pass the same 10 million shares back and forth, and at the end of the day it is only 10 Million Shares.
My estimate on this stock, has the REAL FLOAT Closer to this 500 MILLION figure.
On SEPTEMBER 21st 2017, the stock traded over 400 Million shares and CLOSED UP 300%. This had not gone up for NO REASON! The Nevada Secretary of State had updated the Divisions of Corporations for GENUFOOD and Had REINSTATED THE CORPORATE CHARTER and REACTIVATED THE COMPANY!
http://nvsos.gov/SOSEntitySearch/corpsearch.aspx?st=c&ss=GENUFOOD
http://nvsos.gov/SOSEntitySearch/corpActions.aspx?lx8nvq=qDpp60ra6IvRyjUMURZhug%253d%253d&CorpName=GENUFOOD+ENERGY+ENZYMES+CORP.
There was absolutely ZERO Reason for the company to Pay Fees to Reinstate the Charter, unless there was a REAL BUSINESS DECISION TO DO SO.
Now this is a SIMPLE Story, so I really don't want to complicate things!
But when you do an analysis on the trading, the stocks volume is very telling.
I do not think you can find another example of a Stock running 300%+ on 400 Million shares Traded to only trade 10 Million Shares the following day and barely give back a gain.
For the past 4 trading sessions, the volume held steady at around 16 Million Shares!! UNTIL TODAY!!!
Today was the most impressive DAY! Traded 4.4 Million Shares up 40% to .0007.
You might say WOOPDIE DOO!! Well here's the REAL STORY! 3 MARKET MAKERS COMPLETELY VANISHED OFF THE ASK, AS BUY VOLUME HIT THE ASK.
They were COMPLETELY RUN OUT OF SHARES, LEAVING ONLY 2 REMAINING MARKET MAKERS, and occasionally 1 More would show up!
WHATS Happening Here!
I will tell you what is happening. THE FLOAT HAS BEEN COMPLETELY ABSORBED BY BUYERS AND THEY HAVE NO MORE SHARES LEFT!!
THIS IS A VERY RARE SITUATION.
IN MY HUMBLE OPINION. We are Looking at a Very Explosive Trade over the next few weeks.
I personally called the company and got in touch with there ATTORNEY who clearly said he could not disclose any information which I would never want him to. But he did tell me to keep looking at the EDGAR Filings for updated information as the Company Was working on becoming CURRENT!!
Phone # 1-213-337-6770 DEAN LAW GROUP DOES REPRESENT GENUFOOD. I DID CONFIRM THAT AS A FACT. FILINGS ARE COMING. THE COMPANY IS GOING TO BECOME CURRENT.
IF ANYONE HAS ANY QUESTIONS EMAIL HIM AT INFO@DEANLAWCORP.COM
THIS DEAD ENTITY IS NO MORE!!
THE FLOATS LOCKED AND AT THE END OF THE DAY, JUST ABOUT ANY COMPANY PUBLICLY TRADING IS WORTH MORE THAN THE CURRENT MARKET CAP!!!!!!
Recent GFOO News
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- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:15:55 PM
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