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fibinacci

06/07/07 2:26 PM

#249306 RE: Anselm von Gueringen #249216

I'm not convinced GGI can or would short in the way you have described (can you point me to something that states what they can and can't do given their relationship with GZ). There is high risk in shorting at these levels.

I also think you may have misunderstood me. I don't think they need a low pps.. in fact, I believe the opposite. I believe it is in their best interest for the pps to stay at or above 0.0005. Ideally, they'd love to see this thing sky rocket b/c they would make a ton of money off the conversion (i.e. conversion price would still be around 0.00055 for 17 to 20 trading days).

Another thing about what you believe GGI is doing.. IMO, GGI HAS to convert on at least a weekly basis. Why you ask? B/c GZ needs the conversion to keep running the business. They only keep around 250K cash at GZ, so all expenses are paid for by the conversion. Last Q, GZ needed about $1.2M from conversions. At the current price, this is equivalent to about 2.5B shares/qtr, or 42M shares/day!! Now, I would hope GZ is making more rev. by now, so this number may be reduced, but this definitely shows a need for constant dilution. This begs the question... if they can do the pps tricks you say they can do.. then why not do them already? Trading 5 to 10M shares in a day ain't gonna keep GZ in business. So this notion that GGI is sitting in waiting for their next conversion is hard to believe.

If you can understand the need for conversion and the rate at which they must convert, then you will have become a bit wiser.