The Briner gang didn't do anything to WHKA that they were not willing to do to their own shareholders at GDVM When adjusted for January 10th reverse split, GDVM has lost darn near 100% of its value just since last December.
is that what you call falling from 68 bucks to 1.65? i just did some checking. in november of last year, global hyped a special dividend in whka to their shareholders which caused a rally in global stock. then they announced the special dividend would not take place and they would reverse split global instead.
it was a complete screw job that rivals anything i have seen out of some of the sorst scammers in penny stocks. global shareholders were wiped out except for the briners who must have walked away unscathed.
neither one of you are even close. adjusted for the 1 for 250 reverse split, the stock was trading at 300+ per share last november and december. on 12/29, for example, the split adjusted high was 335.00 and the low was 330.00 per share
briner pulled a real good one when he did that to his shareholders after pumping the dividend he never gave them. global has been a terrible investment for its shareholders. briner made sure they were all taken out of it and left with nothing for all intents and purposes.
since 12/29/06, gdvm has lost 99.5% of its value. this doesn't just stink, it reeks.
CharleyWeasel Posted - 4/2/2007 6:27:03 PM -------------------------------------------------------------------------------- it gets much worse too. when global developments, inc. went into the shell they now occupy on june 7, 2006, the reverse split adjusted price was 2502.49 per share.
by the time they filed their first 10qsb for the june quarter of 2006, the split adjusted price was 257.00 per share. it then rallied to a split adjusted high of 345.00 per share on 12/19/06 on the whka dividend hype and hype from the company's 10sb12g filing with the sec on 11/28/06
CharleyWeasel Posted - 4/2/2007 6:29:47 PM -------------------------------------------------------------------------------- now the stock is at 1.85 per share. crash is not the word for it. how about total devastation?
Freddys Nightmare Posted - 4/2/2007 6:42:07 PM -------------------------------------------------------------------------------- very slimey charley. these crooks are so bad they didn't even let their shareholders know about the 1/10/07 reverse split until late on 1/09/07. no one had a clue it was coming. john scumbag briner just did it to them.
he bent them over and shoved it in.
Freddys Nightmare Posted - 4/2/2007 6:44:44 PM -------------------------------------------------------------------------------- and charley gdvm is at 1.65, not 1.85 it is worse than you say. lmao!
We are apt to shut our eyes against a painful truth... For my part, I am willing to know the whole truth; to know the worst; and to provide for it. --Patrick Henry, Patriot and Hero of the American Revolution
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