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Wednesday, 02/17/2021 12:42:07 PM

Wednesday, February 17, 2021 12:42:07 PM

Post# of 14462
Company update. February 17, 2021 California Business Meeting.

The offer was made and rejected by Grant Newsteder.

It was a sweet deal for the CEO. A deal that would have put $11,250,000 into Grant Newsteders pocket, but to do so he would have had to turn over the company to the people we spoke with and he just walk away.

It is getting impossible for private companies to become public even when buying a shell. Regulations make it all but impossible. That is why the Cali based company decided they need to have an existing public company acquire them and not the other way around like a reverse merger.

They are confident they can bring the share price up to $25.00 and become a NASDAQ company. Based on their products and revenue and NASDAQ Requirements, they would likely achieve that goal.

In order to make this happen fast and compliant the plan was to not reverse merge and cancel the ticker but to have GNGR acquire the technology and revenue stream. That would put GNGR into the forefront of the hot technology sector from devices and products currently used and paid for by subscriptions.

This means GNGR would end up owning the entire operations and GNGRs CEO would step down and let the new owners take over control of GNGR.

With GNGRs CEO walking away with $11,250,000, what happens to GNGRs existing shareholders? That was the only concern from Grant Newsteder.

With no ticker change and no reverse merger what happens to the 108,000,000 existing float and a few who own restricted shares?

The low float would not be an issue even if everyone sold their shares, their still would not be enough to kill the price, especially with a new company structure and income producing apps and investment tools they have 1000's of subscribers for.

The only factor that would hurt GNGR holders is if the new owners decided to do a large reverse stock split from 108,000,000 down to 10,800. They could than just authorize 5 billion shares and move forward with no existing GNGR holders benefiting from the deal.

Owning 1,000,000 GNGR shares at even $.003 ($3,000) is better than owning 100 shares of the new structure valued at $.25 cents ($25) and even if they were to rise to $25.00 is still less than $3000.

IF GNGR current shareholders do not benefit in any deal then neither does the CEO. This further proves GNGR is not a sell out.





The company that made the offer is real and has tech products in the market place that many of you actually use to calculate and search for various stocks. They are real, legitimate and revenue generating and want to add additional devices to the market place.

There is also some speculation that the CA Company maybe working with market makers to also eliminate any GNGR open short positions.

They would reduce the 108,000,000 down to 10,800 and release new shares to the float and at the same time closing out old open short positions on the large stock reverse while making millions in the process

They can then be in total control of all shares sold so only the company generates capital from the marketplace. Their goal was to raise $100,000,000.

The CA group said no to an agreement not to reverse split the stock and GNGR offered a time frame of 6 months so that existing shareholders can benefit if they were to rise to $.25 so they can get out of their positions.

After the 6 months deadline anyone holding shares would have to face what ever changes the new owners elected. But at least the existing holders would have the ability to cash out with a great return.

This option was rejected and once rejected, the deal was off the table and GNGR's options were null and void at that moment.

GNGR is going to make it. GNGR is expanding and obviously GNGR has the structure, low float and no issues that have significant value as a non-shell public company.

If a company like the one in CA cannot even be fair to all and allow them to achieve their goals while at the same time giving a little to a few even if its temporary shows the lack of business compassion that would likely even make GNGR's existing shareholders to buy even more shares while they rise up.

These one sided deals GNGR has had over the years is why GNGR is still dong well and has not budged on any of those deals that always had great benefit to the CEO and none to existing shareholders.

Have any of those pump and dump companies many of you invested and lost in had your backs or positions protected like GNGR has? I think the answer is NONE.

GNGR has your backs and will not sell out even if it makes the CEO a multi millionaire. GNGRs CEO stated it many times.

HE only wins if all of you win. First thing is first. Let's get rid of the naked and open short positions and after that GNGR will be back on its way to 2012 $.23 per share.



GNGR is still here and active and will keep moving forward.



Disclaimer: Nonprofessional individual investor who may own, not
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