Grand Entertainment & Music Inc (GMSC)

[wallymac]

We all know that dilution has taken place and is taking place. The unfortunate fact is that most Pinkie's have to raise money in order to move forward, some pinkies just want money to line the pockets of the ownership. This company has been around for a while, they notified shareholders when the increased the A/S and have not been pumping prior to issuing shares. It's difficult to wait and have patience when the PPS suffers like this but the other side of the coin is that once the dilution is over there will be a run, how high will depend on the strength of the news. I've seen it happen hundreds of times in the Pink's.

As far as the company itself, I do think they are using the money either to complete and release an album, aquire something of value or launch another artist. They did the same last year.

IMO, I believe patience will payoff.

GLTA
Wally