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Re: zahnj post# 68187

Friday, 11/30/2007 6:25:38 PM

Friday, November 30, 2007 6:25:38 PM

Post# of 82105
I guess you are betting this will be the first buyout ever to buy a penny stock. They will put up millions to take this private right? Well in the past what has happened they do a Reverse Split in this case about 1/20 so the public will own about 5% of the company and issue themselves enought stock to own 90% and that will cost them nothing at all not one red cent. This is what has happened in the past. Also how many pinks have gone private?? I know this one is different.
Also the company doesnt say much because its worked for GBDX very well for 15 months keep investors in the dark and guessing GBDX has had 4 good spikes. This is working perfect for the insiders of GBDX a 15 month string along.