SIX THINGS TO PROMOTE SHAREHOLDER CONFIDENCE IN GOIG:
1. Commitment not undergo any further dilution (along with announcement on current A/S, O/S and float). 2. Commitment to do a serious share buyback (either number of shares or price support level). 3. Real announcement on MONA share distribution. 4. Clarity on what happened with cellphone recycling company in NY. 5. Names of large Go800 subscribers. 6. CEO resignation.
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This is a list I'd drawn together from various investors over recent weeks.
It has to be pretty lonely as a CEO when your stock has moved from $0.061 to $0.0098 in two months. I figured GOIG went from somewhere in the order of $100M market capitalization to under $15M capitalization in that timeframe.
GOIG needs a fresh CEO with a competent Board of Directors to represent shareholders.