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Sunday, July 11, 2010 2:01:04 PM
And here's from a PR dated 1 June, 2009 which basically says what Peacock will do with the company Treasury Shares...
Green Globe International, Inc. Announces New Stock Trading
Symbol: GGII Issued Monday, June 1, 9:34 am ET MURRIETA, CA--(PR NEWSWIRE)--June 1, 2009--
Green Globe International, Inc. (Other OTC: GGII), the worldwide owner of the Green Globe brand, has been assigned a new stock symbol and, effective at the market open today, will trade as GGII. The company previously traded under the symbol GGLB.
Also effective at the open of trading today is a one-for-two thousand reverse split of the company’s common stock. The restructure the company’s common stock was initiated by the Board of Directors for the purpose of facilitating the continued expansion of the Green Globe program and brand in international markets. Management has stated that the restructure was designed to allow the company to attract a wider variety of investors and to make use of additional financing options that are designed to bring necessary resources into the company while minimizing dilution for holders of the company’s common stock.
Peacock has used almost identical language when doing Reverse Splits with ALL the other companies he has ever been associated with.... then followed by MASSIVE dilution.
"Taking advice from known stock promoters is like telling a pickpocket where you keep your money!!!"
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