SWVC has came a long way since this post...
Posted by: abbytraderwin
In reply to: None Date:6/26/2007 1:54:32 AM
Post #of 115251
GSCR REALITY:
I have been reading several boards tonight and have been amazed at the lack of DD and reading skills of some that have posted incorrect information about this reverve merger. I hope what I state here helps some understand what is going on. Please review the posts of BOBTHEBUILDER AND BLUEHORSESHOE on this and the GSCT boards as well.
I have been trading the GS group of stocks for a couple of years.
Back a while the prime target was VRDM, name change to GSCT. There are several companies in the GS family. I want to point out several key items that have been ignored or misrepresented on these boards that may help some of us make better investment decisions:
GSHF CURRENTLY OWNS 80% OF ALL OF THESE COMPANIES.
ALMOST ALL OF THE PROFITS FROM ALL OF THESE COMPANIES FILTER BACK TO GSHF(SEE THE FINANCIALS, BALANCE SHEETS, CASH FLOW, 10K, ETC AT YAHOO OR OTHER).
KEVIN KREISLER is the Chairman and CEO OF GSHF
He is the majority shareholder as well(85%).
TOM SCOZZAFAVA is the Vice President of Aquisitions at GSHF!!
He is also the CEO of SEAWAY FINANCIAL!!!
He is also the President and CEO of GSGF(GS AGRIFUELS), part of the GS FAMILY!!!
(See SEC filings dated 1-9-07, 3-11-07, and 4-11-07)
He also is a major shareholder of GS-AGRIFUELS(GSGF)!!
GSCT is the sells arm of the company.
GSGF is the product and operations arm.
GSHF is the head.
GSCT sells the product and receives a one time payment of 24 million and a annual royalty of 1 million.
GSGF build and operates the plants and receives 28.5 million per year annually!!!!
In the past almost all of the profit flowed to GSHF, but that will probably change to a lessor amount since Mr. Kreisler's ownership will be reduced to 60%!
GSCT closing price:.0195, 52wk high .32 market cap 8.01 million.
GSHF closing price:.07, 52wk high .19 market cap 12.95 million.
GSGF closing price: 1.50, 52wk high 15.00 market cap 43.51 million!!
Now the setup:
GSHF has had problems in the past with financial through the usual bad actors in the penny market(toxic), Dilution and debt.
To fix this now, the restructing of the family.(great idea)
GSCR is stripped of the R&D contracts(guts of now real value) and this is given to GSCT along with all of the DEBT! Thus creating a clean shell!!
SEAWAY pays off 500,000 of GSCR's debt, a fair market price for a clean shell. End of story. Not quite. SEAWAY at the same time rolls into the shell a existing PROFITABLE retail chain of stores that is HEADED BY Mr. Scozzafava.(35 million so far). THIS IS WHY GSCR ROSE 2775% in one day on that news alone, any SHELL THAT IS SUDDENLY PROFITABLE AND BASICLY AN IPO WOULD!! SEAWAY has been in negotiations for more than a year with two other retailers to merge them as well and there website shows to DD, 6/22/07, to be annonced "within" two weeks. Rmember that the shell becomes SEAWAY'S ANY DAY "ON OR BEFORE" 6/30/07. So you now have multiple companies rolling into GSCR within the week. FINANCING HAS ALREADY BEEN ARRANGED FOR THESE AQUISITIONS!! If one company put them up 2775% in one day, what will two more companies do to the pps? Just visit SEAWAY'S website to get an idea if they are up to it. LOL.
Now do you see how this stock maintained the 2775% gain the day after with profit taking and a 50% increase in volume? Everyone that wanted to take profit found someone else that wanted to be in now as the ANNOUCEMENT COULD COME AT ANYTHIME, NOT JUST FRIDAY! A clean profitable IPO, 35 million min. in the kitty from one of a possible three companies.
Now back to the GS FAMILY. The most profitable and valued part is one "GSGF" if the profit sharing stays the same BUT THE OWNERSHIP of MR. Kreisler is reduced to 60%. All of the debt stays with the GSCT part of the family. From today's pr/8k the family will still have to restructure their debt and where are the other 20% of the shares Mr. Kreisler is giving up going? You may have already bought them if you bought GSCT. The family states that the mergers of GSCT/GSHF ANF GSEN/GSGF WILL TAKE 3-6 MONTHS!!! NOT BY THIS FRIDAY!!! 3 shares of GSCT gets you 1 share of GSHF, and 1000 shares of GSEN gets you 1 share on GSGF!!! GSCT IS .02 AND GSEN IS .09, SO WHAT IS THE MOST VALUABLE PART OF THE FAMILY, EVERYBODY, "GSGF"!!!!
IF YOU LOOK AT THE FILINGS MR. SCOZZAFAVA IS A MAJOR SHAREHOLDER IN GSGF BUT NOT GSHF OR THE OTHERS, LOL. You would think he would know right.
I'm tired, look at your chart and buy or sell what you like. I will continue to load all the GSCR I can get and WHEN GSGF TAKES OFF I'LL ALREADY BE THERE, LOL. I expect GSCR to continue to due very, very well from here on out through the years, BBY(BEST BUY) FORWARD SPLIT SEVERAL TIMES(A YEAR!!) IN THEIR EARLY YEARS ON THEIR WAY TO THEIR FIRST 1 BILLION DOLLAR YEAR WITH 26-35 STORES. Oh, and they positioned themselve the same way, in the Midwest away from the big boys until they were ready to conquer. MN, IA, KS, MO, ND, SD, LOL. I can't put a valuation on GSCR yet, but I would guess with my 20 years in that business and 8 in banking that when all is said and done it should be way over any guesses posted on this board and .021 is not even close to the highest guess, LOL. Maybe if you move that decimal point to the right two places before Friday.
I hope this helps.
Enjoy