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Sunday, 07/12/2020 1:57:19 PM

Sunday, July 12, 2020 1:57:19 PM

Post# of 803
After research GMZP .0005 is Speculative Custodian Play

https://www.marketscreener.com/GEMZ-CORPORATION-135000/news/

This is what custodian play means ...

Custodial plays are when a “shell cleaner upper” of sorts comes in and takes over a defunct publicly trading company. A shell, a public company that has a share structure in place, but no real assets or company inside it. These shells, due to having no business in them, most likely will not trade, will not have filings and will not release news – thus falling dormant. Due to the fact the stock has become a “ghost town”, the share price has been beaten up and usually at 52week lows with a market cap equal to peanuts.



When a custodian comes in and takes control of the shell company, they most likely clean it up with hopes of finding a private company looking to reverse merge into the shell. The excitement, anticipation and speculation of someone putting a new business and assets into the shell draws penny investors into these lottery style plays. OTC investors call these “lottos”, because the risk to reward potential is significant.


Everyone chooses to invest in the market because they want to make money. I too, like most penny stock investors, found myself investing in small microcap companies because returns from big board stocks don’t add up too quickly at the end of the day. If you started with a couple grand and your NASDAQ stock makes a nice move in which it gains 5-10% in a day or a week… you find yourself up $100-$200 which is NOT a bad thing, but the thirst for bigger potential gains quickly draws traders to OTC (Over The Counter) stocks. For those that are trading with tens or hundreds of thousands or even millions of dollars, I get it, one can’t afford to take big risks or even find an OTC with the liquidity and dollar volume to actually trade the stock. For those with a few hundred or a few thousand looking to potentially double their money or more in a day or a week — the penny stock world is where it’s at. The latest trends bringing these monster payouts have been custodial plays and reverse mergers.

Here is an example of a REVERSE MERGER that “was” a play and in our opinion still is! The company is Verity Corp. (OTC: VRTY). In April of this year VRTY was just $0.0067 a share and hit a high of $0.13 in July, a 1,940% increase, after filings and news came out that a health solutions company named HSI was ultimately reverse merging into the failed agricultural company.


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https://hscorp.biz/reverse-mergers-and-custodial-plays-making-penny-stock-investors-big-bucks/

Do ur dd

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