GEMZ Corporation (GMZP)

[Chiron]

I think Carnes is stuck on how OTC used to operate 10 - 15 years ago, where any PR would rope in buyers. But people are far more educated and can do DD within seconds.

Within minutes they figured out the company just formed, has no revenue, seems to have one employee, has a website with ripped off pictures of products not their own, etc etc.

What folks were looming for was a merger with an already operating company that had revenues, an established leadership team, and a compelling product / service.

We knew some outlandish, $50m+ revenues was not realistic. But I would’ve been satisfied with a $10 - $15m company already in existence and with a viable product / service.

This will likely drift to .000s, and certainly possible the OTC chooses to take action based on the PRs.