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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » GWGO .0008 Running on financing and spin off news! (Page 3)

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Author Topic: GWGO .0008 Running on financing and spin off news!
futurama08
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Because GNET is also on the Bid side at 0.001 .. so I am confused
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pick em low
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ric you're losing it if GNET and customers are buying, they are either buying or covering shorts... both are buying and move the price up.... if you're saying there was a big short position before today started then fine... they're covering now maybe and it pushes the price up.... or maybe they're trying to short more at .0009 or .001? who knows most of these shorts don't cover anyway cause they do that naked short crap.... I wish I could short OTCBB stocks, I'd be rich.... especially after reverse splits like PCCR... that stock reversed like 10 times in 5 years or similar, and each time goes back down to .0001 from like 5 to 10 cents... we'd be rich..... goddamn rip off companies... they should be jailed...
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pick em low
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ric likes to talk in riddles just to toy with us :-)

now let me go eat! :-Þ

Still no sells at .0008

Hey Ric, you're in my state... :-) north though...

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pick em low
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I'm gonna go to the raging bull boards later to see what they're saying....


Lick me GNET!

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futurama08
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Noone left at .0009
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futurama08
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Awsome, that's what I was talking about. Now there is a base at .0010... Let's have a breakout now
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pick em low
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GNET GNET go away... you're all losers, let us play
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futurama08
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Looks like we're stalled at .0009/.001
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pick em low
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sold at .0008 break even to buy MLAR.... it moved too fast I could have gotten in at .037 but got the HOD at .047 oops we'll see
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pick em low
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sold breakeven to go to MLAR
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kcaz007
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Should start to run at EOD
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futurama08
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I took my mill shares out at .0009 for breakeven. should have sold at .0010 , quick $200... oh well
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WinsumLosesum
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Great West Gold, Inc. - Placing of Shares for Cash
PR Newswire - September 19, 2005 10:43

Company Confirms That It Has Placed Shares for Cash


NEW YORK, Sept 19, 2005 /PRNewswire-FirstCall via COMTEX/ -- Great West Gold, Inc. (OTC Bulletin Board: GWGO) announced on September 16, 2005 that the Company had secured additional and sufficient funding from various third parties as were required by the Company to meet its obligations to create the two new OTC Mining Companies, the shares of those new Companies to be distributed to the Company's shareholders. The Company now has sufficient funding in order to consummate all of its planned acquisitions and to fulfill its promises to its shareholders in respect to the promised restructuring of the Company to "unlock" significant value for its shareholders.

ADDITIONAL AND FURTHER FUNDING:

The Company has today placed an amount of restricted shares of its Common Stock for cash in an initial amount of US$200,000, to an Investment Group. This Investment Group has the option until November 30, 2005 to acquire a further amount of the Company's restricted shares of Common Stock and up to an additional amount of US$800,000. The Company will not be filing a Registration Statement for these share issues and the Investment Group will hold these shares as restricted under Regulation 144.

This funding allows the Company to immediately consummate the acquisitions as previously announced. This funding is unsecured, interest free with no fixed terms of repayment. The third parties who advanced this funding may at a later date agree to convert these loans into restricted shares of the Company's Common Stock.

UNSECURED LOAN NOTE:

St James Capital Holdings, Inc. which holds a Loan Note from the Company in the amount of US$1,500,000 is assisting in these transactions and has agreed not to demand a conversion of this Loan into restricted shares of the Company's Common Stock at this time.

UNSECURED ADDITIONAL LOAN:

The Company is indebted to Sloane Holdings Limited ("Sloane"). Sloane has agreed that this funding to the Company is unsecured, interest free with no fixed terms of repayment. Sloane may at a later date agree to convert these loans into restricted shares of the Company's Common Stock.

This announcement is neither an offer to sell nor a solicitation of an offer to buy any of these securities.

About Great West Gold, Inc.

Great West Gold, Inc. (www.greatwestgold.com) is a gold exploration company that has acquired certain rights to mine for minerals, primarily gold, in Arizona.

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Fatso
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quote:
Originally posted by rickpic:
the stock I'm watching right now is USXP because its due for a run! All it needs is a PR with substance!

It is "due"? Why?

--------------------
Huh?

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matto
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ON THE MOVE!!!!!!!

Great West Gold Inc (OTC BB) Chart Financial Analyst Insider Msg News Option SEC


GWGO 0.00 +0.00 +11.11% Vol:66,066,800 09/21/05
After Hours 0.00 UNCH 0.00% Vol:1,093,750 Last:4:02pm 09/21/05

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Trading is a blast!!

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Superbee383
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There's some news today on this one. Looks pretty interesting. Any thoughts?

Great West Gold, Inc. - Stock Dividend
PR Newswire - September 23, 2005 07:00
Company to Distribute Its Shareholding in Windsor Resources, Inc.


NEW YORK, Sept 23, 2005 /PRNewswire-FirstCall via COMTEX/ -- Great West Gold, Inc. (OTC Bulletin Board: GWGO) confirmed that it is distributing its entire direct shareholding in the amount of 98,000,000 shares of Common Stock in Windsor Resources, Inc. to Great West Gold, Inc. shareholders of record as of October 31, 2005.

Windsor Resources, Inc.:

This company is seeking a quotation on the OTC Market. The Company is confident that this admission to the OTC Market will take place on or before October 31, 2005.

About Great West Gold, Inc.:

Great West Gold, Inc. (www.greatwestgold.com) is a gold exploration company that has acquired certain rights to mine for minerals, primarily gold, in Arizona. Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on the Company's expectations and are subject to a number of risks and uncertainties beyond the Company's control, including but not limited to economic, competitive and other factors affecting the Company's operations, management team effectiveness, expansion strategies, available financing, market prices and recovery costs, government regulations involving the Company, facts and events not known at the time of this release, and other factors discussed in the Company's filings with the Securities and Exchange Commission.

These statements are not guarantees of future performance and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. The Company undertakes no obligation to update publicly any forward-looking statements.

This release was issued through Major Newswire (http://www.majornewswire.com)

at the end of the release

SOURCE Great West Gold, Inc.

Great West Gold, Inc., +011-270-21-423-2920, investor@greatwestgold.com

================================
Great West Gold, Inc. - Restructuring Update
PR Newswire - September 23, 2005 07:00
Company to Complete on Windsor Resources, Inc.


NEW YORK, Sept 23, 2005 /PRNewswire-FirstCall via COMTEX/ -- Great West Gold, Inc. (OTC Bulletin Board: GWGO) confirms that is now completing the sale of 49% of its owned subsidiary company, Western Gold Limited to Windsor Resources, Inc. The Company is disposing of its additional 51% interest in Western Gold Limited to a recently created subsidiary company of Great West Gold, Inc., Western Diversified Mining Resources, Inc. Western Gold Limited controls the "Bouse" Gold Mining Project in Arizona.

Western Diversified Mining Resources, Inc. will remain as a wholly owned subsidiary company of Great West Gold, Inc. at this time.

WINDSOR RESOURCES, INC.:

This company will obtain a separate quotation on the OTC Market as soon as is possible. It is intended that this Company will raise additional cash to develop this Mining Property. All of the shares in this Company will be distributed to the shareholders of Great West Gold, Inc.

SHAREHOLDING STRUCTURE OF WINDSOR RESOURCES, INC.:

Western Diversified Mining Resources, Inc. will hold 102,000,000 shares of restricted shares of Windsor Resources, Inc. ("Windsor") These shares will remain under the control of Great West Gold, Inc. at this time. Great West Gold, Inc. will hold a direct interest in Windsor in the amount of 98,000,000 shares of Windsor restricted Common Stock. These shares will be distributed to the shareholders of Great West Gold, Inc.

The balance of the shares in Windsor will be held by a number of external investors and by Management of Windsor. These shares are being issued by Windsor after the acquisition of Western Gold Limited by Windsor. This will result in a dilution of Great West Gold, Inc.'s interest in Windsor.

RATIONALE:

The Company has for some time recognized the fact that its dismal share price performance required a major corporate restructuring and to this end, the Company has examined countless possibilities to unlock value for its shareholders. The rationale was a "Reverse Split" of the Company's stock coupled with a financing of the Company would not be in the interests of shareholders

ACQUISITION:

The Company will now be immediately acquiring interests in another industry sector, which will result in the Company entering another business sector.

NAME AND TRADING SYMBOL CHANGE:

The Company will shortly be effecting a change in its name and its Trading Symbol to reflect the acquisition.

This announcement is neither an offer to sell nor a solicitation of an offer to buy any of these securities.

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"As long as there are dreamers, there are dreams that will come true."

Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005  |  IP: Logged | Report this post to a Moderator
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