News Focus
News Focus
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was CA$H

02/04/06 1:31 PM

#92289 RE: xanadu #92284

I don't think they are ignoring it... I think people see a good chance of success and still see a pretty good upside... I do. ;)

GLTA

-YOLO
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zolax

02/04/06 1:38 PM

#92295 RE: xanadu #92284

There is one big difference between GZFX and Sirius. Sub numbers. They have them we don't.
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thetinman1

02/04/06 1:47 PM

#92300 RE: xanadu #92284

Good morning Xan: If this arena teaches nothing else it will always be to expect the unexpected! IMO the selling was done in a very careful and thought out manner. The goal was to raise the capital needed without raising too many red flags. You can't sell to that extent without leaving some evidence which was picked up by a few of our astute resident sleuths! The potential for more selling exists and must not be ignored. The larger picture that's unfolding seems to be one that won't require many more visits to the stock trough but if they have developed an appetite, watch out! Tinman
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acrazjo

02/04/06 3:09 PM

#92316 RE: xanadu #92284

Xan, I too am sitting here wondering what the heck just happened. I have never seen this much dilution so greedily be accepted by investors/traders in GZFX. The bounce was unbelievable and the bottom was quickly put behind us in a big way. This continues to be a highly speculative play but now the bad news is out of the way and suggests that the way is clear for positive news events. It could be that anything under a penny is a good buy going forward. What a monster,lol. Joe

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Milk Duds

02/04/06 3:22 PM

#92319 RE: xanadu #92284

What do you think of these calculations?

The following are two posts by the same person in the Yahoo group regarding the dilution and what he believes is fair valuation:

Date: Thu Feb 2, 2006 12:25 pm
Subject: Go figure-folks, stock trading below dilution price

If all shares awarded were exercised so that the 3.1B shares are all tradable, company would get another $9M. Add that to the $6M in cash and we have a net add of $15M to the compnay in exchange for additional 1.9B shares. The company had essentially no cash when we had an oustanding 1.2B shares.

Divide the $15M by 1.9B shares and each share brings in 0.0079 to the company. We are trading at below 0.007 folks - this is crazy and will not last.
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Date: Thu Feb 2, 2006 1:13 pm
Subject: JF not crazy after all goodboymaximus

Some thought he was giving away the store for nothing but a closer look shows he got all the cash at about 0.008 per share. And these folks put up all the cash needed to go forward, so they got it at a discount. If you figure the number of shares they have and a fair return for their investment, the stock would have to trade at least 3-4X what they purchased to sustain any sort of meaningful selling from them. So when they paid 0.008 per share, they are realistically expecting the stock to go to 0.024 to 0.032 in short order.

Anyway, regarding the current PPS, I have not heard or seen any stock where it trades at a discount to the secondary placement price. I guess only in the crazy world of pennies, but in the end, I think logic will prevail. We should be trading at least 0.01, a 25% premium to the secondary price of 0.008.

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UABGrad

02/04/06 4:08 PM

#92333 RE: xanadu #92284

xan, I think the dilution has been factored way too far into the sp. Where do you think we would be right now without any dilution? I think we would be testing blue sky by now. If I that were true then comparing 18 cents to 1 cent is a pretty stiff penalty.
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Susie924

02/04/06 10:12 PM

#92424 RE: xanadu #92284

xan,

My opinion is that many people here think that other people "know" something and since it's been hinted that news will be coming out soon, there was a flurry of buying on Friday afternoon.

If there is no news, the price will probably go down again and if there is news.........it's very fishy that some people seem to know about it ahead of time.