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Wednesday, April 27, 2005 10:25:28 PM
No, a S-8 is a stock offering (gift) to management and employees, meaning in essence, they give themselves tons of free shares.
Happened 3 times in 6months with GBLL, now GLKCE I believe is their symbol, plus they did 2-3 reverses in 6 months, unreal what the companies can do being non-filing.
Opinions posted by me are just that, my opinion.
This is in no way a suggestion to buy or sell any security.
Consult your own financial advisors for investment advice.
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