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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » Warning GWDL reserve split 1-900 R/S **

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Author Topic: Warning GWDL reserve split 1-900 R/S **
bingo2004
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GWDL

13:31 06/28/2004 GWDL Gateway Distributors, Ltd. Common Stock GWAD Gateway Distributors, Ltd. New Common Stock 1-900 R/S **
http://www.otcbb.com/asp/dailylist_detail.asp?d=06/25/2004&mkt_ctg=OTCBB

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Upside
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That will reduce their o/s from 13 billion to about 14.5 million. Anyone care to bet how long it will take them to run it right back up to 13 billion?
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Love the Market
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About as fast as it takes to print them! LOL
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Deg's wife
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wow...it does the 900:1..that gives me 111 shares. But I guess it's better than the 3000:1 in 1993. Oh well...live and learn
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Upside
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An even better bet, after the split their pps should be somewhere around 18 cents meaning we can't discuss them on this board. How long before they're eligible again?
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FurrySound
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quote:
Originally posted by Upside:
An even better bet, after the split their pps should be somewhere around 18 cents meaning we can't discuss them on this board. How long before they're eligible again?

5 minutes after the opening bell. Why 5 and not less? People need time to check the charts, watch it drop, gasp in awe, and then post here.

------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.

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DIGDOUGH
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This is funny stuff, except for the money i'm losing in this stuff.
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denzen
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Wrong thread! LOL

quote:
Originally posted by DIGDOUGH:
This is funny stuff, except for the money i'm losing in this stuff.

[This message has been edited by denzen (edited June 27, 2004).]

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FJEAN2
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DOES THE SEC STILL EXIST?

SCAM SCAM SCAM SCAM

------------------
IN SUB-PENNY WE TRUST

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WinsumLosesum
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Gateway Distrs Ltd (GWAD:OTC BB)

Last Change % Change
0.08 -0.19 -63,333.33%

G-WAD. Yeah, sounds about right.

[This message has been edited by WinsumLosesum (edited June 28, 2004).]

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SimpleGuy
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Any idea how low, percentage wise, it went the last time it did a R/S?

quote:
Originally posted by WinsumLosesum:
Gateway Distrs Ltd (GWAD:OTC BB)

Last Change % Change
0.08 -0.19 -63,333.33%

G-WAD. Yeah, sounds about right.

[This message has been edited by WinsumLosesum (edited June 28, 2004).]

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Love the Market
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Does GWAD mean:

G = Gone
WAD = all money invested in Gateway

= All money is gone??

Frickin Thieves - Bailey and Flo biatch

I don't even own it - but these guys and guys like the CEOs of AFRT and CDVJ and IBiz and a zillion others make me sick.

[This message has been edited by Love the Market (edited June 28, 2004).]

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