rhopton, that's great news, $.0001 is just what we would like to see. The CEO buy's back 108,000,000 for $10,800 and our 30,000,000 that we are not selling will be shorts that must be closed out. Since or shares are not bound by a dealer controlled account, we set the price.
I am sure there are 100’s of millions of other shares held by 1000’s who also would love for this to happen. The holders who own very few shares won’t make much if they bought $200 worth even at $.01 and sold them for $.05 but if you bought 30,000,000 for $300,000 and sell them for the same $.05 and net $$1,200,000 in less than a years time.
This is not investment advice. The % gains are the same on all shares. We just elected to turn $300,000 into $1,500,000 or more and not $200 into $1000 like most OTC investors could. There is a point when owning more shares in an OTC is key to achieving a better result even though everyone shares the same share price and outcome only on a different volume level.
Most OTC investors want to turn $200 into $200,000 believing the $.0001 diluted pump and dumps bought into will make a comeback to $1.00 or more and that won’t happen. With GNGR, if it did we would make a bundle but $.05 is our target price but still we will sell some and hold some.
GNGRs data shows a float of only 108,000,000. You cannot dilute that low a float and the lower the price goes the cheaper the CEO can buy it all back for. On a pumped stock not only does the CEO not want to buy it back because it’s a sham, but to buy back 6,000,000,000 in the float even at $.0001 would cost the CEO $600,000.00.
The OTC game is not a serious market but money is made here and playing the game to win can be achieved by the numerous ways to play. Some of those ways to play are actions that a retail investor may deem an unfit move in this game or even out of the norm and be seen by the uneducated investor as illogical.
One thing in most games is you have to sometimes sacrifice a piece to position your other pieces in a more offensive position (Chess). If you keep playing the game safe and on the defense that is constant with known moves, your opponent will seize the moment, strike, then checkmate. GNGR’s moves are confusing the opponents and not letting them see the same play they see with every other OTC ticker.
This game is far from over. We will hold our shares and watch the game play out. This out of the box OTC has proven they can take on any of the normal OTC storms that tried to sink the company and yet here they are still operating better then most OTC's.
If you and others really understood the OTC, you would not be posting statements that are quite naïve as to how this market works.
We are very pleased with the decisions this company has made.
If you are not satisfied or think a company should run the way you want it to so it benefits just your position, see if the CEO position is still an option for you. I don’t see that link or offer but I am sure you can find it on line or in the archives of Ihub.
For now we will just have to wait and see.
:)
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