Hi everyone, sorry I wasn't able to able to reply to anyone yesterday, I ran out of posts. And I'm just coming to my computer now after writing an exam.
So here's a few things I'd like to bring up:
Correction on the name of the agent, it was BetSy not BetTy.
About the "Reverse Split" or the $20 price target, this is what was explained to me by the agent:
Greene concepts is currently focused on their FreeInk4Life product, however this is going to be way more than just the ink business. The details of this weren't discussed much but it was emphasized that Mr Greene has A LOT planned for this company. They emphasized that Greene Concepts will become a household name, and that you should research Mr Greene's past success. She mentioned that they've been working on this product for 10 years.
In my opinion I think we may see $1 before EOY (End of Year) and at that point we may see a 20 for 1 reverse split which is probably where this stock will be listed on an actual exchange.
About the person who asked me how I know Gerard Hollister was Fired. As I mentioned, this was discussed on my call with Betsy, she mentioned that there will be a PR about this/ will be discussed in the upcoming PR. And again like someone mentioned Gerrard Hollister might be the reason for the restricted shares to be apart of the float on the market level, after he was fired <-- that is just my guess but we will see more on the PR. You can also confirm this by simply calling me if you do not wish to take my word for it. And there are others who reported the same thing I believe. They also mentioned that a new Investor Relations group is joining the company but Betsy said she didn't know who it was as of yet, but said I can call in again later this week to find out, or wait for a press release.
My personal Targets:
Mid Feb - $0.01 - $0.02
End of March to Mid April - $0.05-$0.10
End of Year - $0.50 -$1.00 (Possible 20 for 1 reverse split)
5 years from now - $5.00-$10.00 (without reverse split)
This is based on potential deals, direct tv ad, rite aid deal, and past history of the CEO's company's.
at $1 per share, this company will be valued at 5 billion dollars, and I believe that is A VERY HIGH chance of happening. I don't think I will be able to resist selling at that point so the 5 year target is a bit far from here.
Also with Obama wanting to go green, I think this company might be legible for future government grants and investments which can also give a big boost in the stock price. Anyone remember Tesla Motors (TSLA)? The main reason for the hype of their IPO was because even though the company said they would be loosing money for years to come, once their product is developed (A LOW Emissions car) big investors, and even Toyota made investments in the company, and the IPO that was supposed to launch at $10 ended up launching at close to $20 and within minutes went up to $30. This has an EPS of -$11.76. Greene Concepts is only at -$2.00 from their last earnings before Mr Greene had taken over.
The first sign of a positive EPS will mean BLAST OFF.
BTW I'd like to ask PipBoy what time we're supposed to be reaching the $0.0006 range? Or at least $0.0021, I just sold a few shares in Citi and am ready to buy!
Again I suggest everyone call the company themselves. This is the first company I've seen being this informative and courteous to shareholders, and this alone could mean long term success.
Sidenote:
I also got a PM this morning saying I've been added as a mod! Glad to help!
Good Luck! :)
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