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in4tehride

09/17/15 3:24 PM

#16410 RE: Beefhouse #16407

Another perfect example of why Gtrq FACT CHECKING is such a vitally important aspect of DUE DILIGENCE.

6 million =/= 6,000,000 million ROFLMAO


I'm quite fine with the current A/S structure as an investor.
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BKSAUS

09/17/15 4:05 PM

#16424 RE: Beefhouse #16407

its impossible to start a company, develop a product and bring it to market without spending money. EVERYBODY AND THEIR DOGG knows this and they know that GTRQ has to either get an investor, get a loan or sell stock to fund the go-to-market plan........so, there are no surprises being brought forth, we all expect to see some dilution and we all expect GTRQ to sell stock to raise money - its going to happen, we get it but, its not even close to a scam like I've seen in other stocks. The character of the CEO is golden and he has only sold enough stock to fund the go-to-market, not even sure he takes a salary but he's gotta eat. Best thing is there's no pump & dump, that pretty much says everything. Besides, when the 6000 or 30000 units ship to iTraq in the next month, GTRQ can recognize the sales revenue onto it P&L (they already have the money from the order from iTraq, for the novice, this is about revenue recognition rules in GAAP) and report it in a SEC filing which will remove them from being classified as a "development stage" company and possibly make them eligible to move up a notch in the OTC markets. Everybody, please provide all the DD you can find so we can make a good investment decision because, if all goes as planned (and laid out in the S-1) this will be a stock worth accumulating.