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fibinacci

05/02/07 11:55 PM

#244978 RE: Mar-Key #244976

Mar-Key, the two are not inversly related nor are they mutually exclusive, so I understand the confusion. However, the pps will go up while OS is increasing given the right catalyst(s).

IMO, GGI is trying to drive the price back up... yes, you heard me, UP! Not by buying, but by not selling. As I've mentioned before, GGI faces a pps dilema that creates a diminishing return AND a diminishing bid price where they can make a profit. We are now in that price range. If the bid dropped to 0.0003 tomorrow, GGI WOULD NOT sell shares. Why? Because they would LOSE money due to the 25% drop in bid price, which would be lower than the converted share price. They wouldn't sell at 0.0003 until the converted share price provides a profit. Therefore, it is in GGI's best interest to push the price back up to a more comfortable trading range. This is why I don't believe we will see any massive GGI dumps this week unless the pps goes up. This is why volume has dried up and we have actually seen the price bounce back up to 0.0006 and NOT BE CONTESTED by big dumps. I believe they are minimizing their sales until the pps gets back into the 0.0008 to 0.001 range. However, one little caveat... I'm not saying we would stay at 0.001... we actually need more than GGI's manipulation to do that. Once we're at that range, GGI will begin dumping again. Of course, this is all my opinion based on my knowledge of the convertible debenture.
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fibinacci

05/03/07 12:40 AM

#244980 RE: Mar-Key #244976

Continuing from my previous post.. let me put this into perspective..

The average weighted price GGI must use in the conversion is around 0.000475 right now (maybe a little lower.. I did a quick estimate). This means the conversion price is 0.00039. If GGI sells 100,000,000 shares at 0.0004, GGI only makes $1050 (100M * (0.0004 - 0.000475 * 0.82)). So anyone who thinks GGI is raking in the dough needs to think again. They would make more money in a savings account. If the bid drops to 0.0003 tomorrow, selling those 100M shares would cost them $9000!! Even if we hold at 0.0004 until the average price is 0.0004, the converted price is still only 0.000328, meaning they still lose money at 0.0003!!

I think it is very important for people to realize this. That is why calling this the bottom is very plausible. Dilution HAS stopped momentarily. If we see 0.0003, it won't be GGI selling into it.
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xanadu

05/03/07 10:02 AM

#244995 RE: Mar-Key #244976

Not at all, the value of the company increases. Beauty is in the eye of the beholder.