You might want to add GAMZ to your security play watch. Speculation is GAMZ is in talks with the Homeland Security folks.
I do know this, the CEO of this company is very upfront about keeping investors abreast of any news released from the company. He doesn't hype and accomplishes the goals he says he will. While this company is still a start up in my mind, the potential is outstanding IMO. O/S is 32M of which 25M is restricted leaving a float of approximately 7.5M that has long been eaten up. The core of the shareholders of this stock are long termers meaning most have held this stock for more than two years and have purchased at higher levels. My guess is in the .50 to .60 cent range. How do I know this? I am one of those long term holders.
While I agree, most OTCBB stocks are not worthy of holding long term, every once in a while a company or two makes a case for potential longer term play. This is one such company IMO. The CEO has protected his most prized possession, THE COMPANY'S STOCK. While GAMZ merged with Ferris and acquired their debt, it was not done at the expense of shareholders. A 15 million dollar funding agreement has been in place with the Scwartz group for 18 months now and Kelly Jones refuses to draw against it so as not dilute the stock any further. While their filings show some concern, the CEO has used his own capital and has done a couple of small placements far above current prices as to again do what he can to keep dilution at a minimum.
I was taught to look for companies that appeared to be undervalued. That is very difficult to do on the OTC as you all know. Looking at some past history of this stock indicates to me we are very close to year lows. With this stock so tightly held any news of this caliber should move this stock substantially off of these lows IMO.
Since I didn't purchase this stock for a quick trade, I apologize to anyone here who would find offense to this opinion. I enjoy reading this board and hope I can contribute to the wealth of GOOD INFORMATION I seemed to have stumbled onto. I only found this board a couple of weeks ago. Since I am also employed, checking on the days activities is very educating. Unfortunately, trying to daytrade without watching what is happening all the time can be very dangerous to your health LOL.
Thanks again all, and please keep an open eye on GAMZ over the next two weeks.
Please keep in mind this is my opinion and should be viewed as such. I am not compensated in any way by GAMZ or its management.
Best to all,
weo
