Man you guys stay up late with this stuff, I'm just the messenger. I will make everything clear that I can and it'll be my last post. If you have more questions ask the posters that were hyping the stock recently. Apparently some group decided on their own to pump the stock because it seemed pumpable to them. They probably didn't research well enough, ie. float size, if the company had a pulse, etc and they started because .0001 entry price seemed cheap. Who knows, maybe they were old bag holders at .0001 and higher from years ago when Grand Entertainment collapsed and just wanted to get themselves out.
The point is that they decided to pump the stock probably knowing full and well that they would get no company support, ie. press releases, updates etc and still did it. The company management and large shareholders of GMSC, a shell by definition, or a defunct company with debt don't watch the stock everyday, at least not for the last few years. So while this short lived pump lasted they had no idea. When they got wind of it recently they decided to reach out to me and asked me to set the record straight about the simple stuff. They did not want to be tied into this pump which they were being accused of on this board. So I was asked to share facts, which some of the posters on this board were doing already.
It is a shell by definition, there are no operations, there is no activity, there has been no shares issued of any kind for years. It's been dormant folks. There are mild assets but way more liabilities than assets. The ventures all failed.
Maybe the "shell" gets sold one day, cleaned up and becomes some other venture. If that happens it's realistic that the new management with their business plan and assets would want to reverse the stock so that it's not 3 billion some shares outstanding. This is all speculation, I don't own shares here, never have, it seems fatnhapy never owned shares in GMSC either. It was observed that the board moderator and fatnhapy were trying to help and warn people about the bull and I was reached out to in an attempt to assist them in what they were saying and doing. We have also figured out that Pacific is the current TA and roxandbonz will confirm what I have been told about no GMSC shares being issued for a few years or more. The outstanding share count has not changed at all.
I don't know anything else. This was an obvious 3rd party pump campaign and it sucked some innocents in and created some liquidity for the organizers of the pump. It might have gone on for weeks and weeks longer but I feel with this shared information that fewer people get sucked in and burned, much like the goals of fatnhapy and roxandbonz the last week. I delivered the "message" and now I am busy. I have no more answers, I think I have made crystal clear why I showed up when I did, what my intentions were, who gave me my information and that's it..
GLTY!
