Green Stream Holdings Inc (GSFI)

[mvp_money]

EGOH: Reverse Merger, "dtcc chill", etc

I'll address the issue of a DTCC Chill first and foremost. DTCC Chills are normally placed on a security if DTCC or Finra feel that restricted insider shares are hitting the market.

At first that may sound like trouble... but understand the EGOH float is currently maxed out with the OS or very close. The meaning is, even if insiders in the past sold restricted stock, that stock is already in the market and bought up by common shareholders. Those shares are in longs hands now. Insider shares can come from CEO's, other officers, 3rd parties who receive stock like financing companies and so on...

We don't know who was suspected of selling, and really we don't care. The shares are already controlled by us and the float is still a good number. The point of the Chill is so that insiders can not illegally profit. If restricted stock was sold in EGOH, then that's unfortunate but it does happen with potentially every stock! Even still it has not prevented us from investing in EGOH.


In the past I've witnessed many stocks like BBD* S*EN etc, that have exploded from sub pennies into penny land even with a DTCC chill, because the chill does not affect our ability to trade (unless you're using a brokerage like TD Ameritrade who's known to restrict 100s of penny stocks at a time with chills and locks because they are not a self clearing brokerage, like say Etrade who you will never have a problem with) Not only does a chill not affect our trading, but many people believe it actually helps our trading because it makes it way harder for any insiders to sell shares (chills help prevent dilution)


This article mentioned SVE* exploding for 140% back in Dec. even with a Chill...
http://www2.thestockmarketwatch.com/newsletters/2012/12/01/sven-closes-up-15-19-today-new-2-cent-pick-coming-sunday/


On to the Reverse Merger,

EGOH eagle oil and gas is merging in a new private company due to the problems with their oil operation in texas. Eagle oil is a real company but right now the CEO faces too many obstacles to keep up to date publicly and increase shareholder value, in fact the obstacles with the state of TX may be too many to overcome. So, the company is in the process of a reverse merger. As seen on the website EGOH already canceled a Reverse Merger with a company called InPlays Sports, and they did so because there is a company better fit for EGOH. My research indicates this company has real products, existing products that are very successful. So, we will see what happens but I was given the heads up from a very reliable source that the RM is just days away from an announcement.

I've recommended many plays at these levels before and put my reputation on the line with many of these stocks, so I would never get in one and promise anything unless i was sure!

We're in a good one here with a good float under 500M shares. When News hits it'll send this stock to higher levels.

My advice is to wait for news before you buy, or if you want in at lower levels you'll just have to be content to put up with the negative conjecture until the news. There are people on the internet who apparently do not want this news to hit, but regardless it is inevitable imo

Cheers