News Focus
News Focus
icon url

Bigdogs

06/27/08 1:18 PM

#20853 RE: derek4 #20849

Anyone who reads and understands this part of the PR from today will be the ones that make the most (The float has decreased and the Short will be run out bigtime soon. Gonna be one of the best runs this year in my opinion.) see below from todays PR






The term generally includes wealthy individuals, and organizations such as a corporation, endowment or retirement plans. In the USA there are specific guidelines as to who is considered an accredited investor. The reason we bring this to our follower's attention is that the issuer has received a number of inquiries from novice investors who unknowingly believe or are told that the float has increased and that some sort of immediate dilution is in effect. In fact, it is quite the opposite. While the float did increase temporarily as old and seasoned restricted shares matured, it then significantly decreased to its current level as posted on Pink Sheets. This was achieved with warrants being issued as per the issuers filings. Again, this is worth repeating, this private placement was completed with RESTRICTED SHARES being issued, and this private placement will not affect the float for some time yet to come.

icon url

crazy horse 0

06/27/08 1:26 PM

#20867 RE: derek4 #20849

Therefore, can the ranting, my friend!!

AGENDA IMO EOM.

Snow

1) By inference, you are implying that I am "stupid," using your term.
2) Surely, you can elevate your opinion above that.
3) I agree that the warrants are of no consequence at the moment.
4) If you review my original post, I implied that negatively looking at this PR would drop this into .000...land.
5) The people who invested in the warrants are not "stupid" (your term).
6) In addition, they would not invest (IMO) if they believed the stock would only be approx .01 by February. They would use their $$$ more wisely.
7) I am searching for the logic here, as is everyone, and I do not wish to react emotionally and lose a potential opportunity.
8) Therefore, can the ranting, my friend!!
icon url

momneedsawinner

06/27/08 1:31 PM

#20882 RE: derek4 #20849

Derek, I also noticed he also has an overall negative opinion of the pink sheet investor....

Having a high strike price may be a way to delude the morons investing in pink sheet stocks.

This is a little insulting. So, because we invest in pink sheet stocks, snow, we are all morons? Just because we are optimistic about small companies that might prosper and grow, doesn't make us stupid.

So, Snow, if you are actually invested here, wouldn't this also include you ?

I think GLCC is still going to grow and prosper, and I'm not selling any shares until I see a very nice return.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30326418
icon url

snow

06/27/08 1:32 PM

#20886 RE: derek4 #20849

derek

I agree that those investors who paid lesss than one cent for their shares may expect them to be worth more than that in February. But it is also possible that they have already sold more or less of their shares at a higher price. This may explain the high volume of trading. My point is that the exercise price of the warrants prove nothing. Besides, that price may be changed as some posters claim.