GRMU was trading as low as .001 last Monday. LOOK at the huge volume and subsequent price increase since then! It flew up 50% to a close of .0015 on Friday on NO news. This type of huge accumulation usually indicates the preponderance of news to be soon released. There are *extremely* strong rumors that GRMU could have excellent news later this week. A possible merger/buy out, or a major deal? That we don't know. But the rumors are quite loud and plentiful. This is surely a Company on the move. The time to invest in GRMU is now. We anticipate huge volume this entire week. GRMU has the potential to triple from its current position.
The retail market for music products was estimated in a study by the National Association of Music Merchants, or NAMM, to be approximately $7.0 *billion* in net sales. There is a large fragmented market that is available for a competitor to take advantage of through building brand name recognition.
GREM USA, Inc. (formerly Global Business Markets, OTCBB: GBMK) wishes to capitalize upon the size of the musical products industry and the projected growth rates for the industry. The Company believes that it can design, develop and produce a quality line of custom handmade and mass-produced electric and acoustic guitars, amplifiers and accessories to capture a portion of the sizeable musical products marketplace.
About GREM USA, Inc. GRMU, (formerly Global Business Markets, OTCBB: GBMK)
GREM USA, Inc. is a development stage company focusing on design and manufacture of custom handmade and mass-produced electric and acoustic guitars, amplifiers and accessories.
The Company is putting forth efforts to identify and form a working relationship with a firm that specializes in providing financial advisory services to publicly traded companies. Such a firm will assist the Company in efforts to raise capital for the Company. The Company is seeking to secure equity financing to provide the Company with the capital required to fund the Company's growth strategies.
As you can readily observe from these excerpts from the Company's recent Press releases, GRMU is quite serious.
## The Company has reached a manufacturing milestone by successfully setting up the majority of the Company's production operations with manufacturing equipment within its facility in Northeast Indiana, located at 19020 State Road 1, Spencerville, IN 46877.
The Company's facility is now equipped with all of the necessary equipment to produce the Company's line of custom handmade guitars. Additionally the Company announced that it has successfully begun production of hard shell guitar cases within the facility. The Company will include a hard shell case with purchase of each guitar. The Company will also sell the hard shell cases separately.
The Company presently has five original designs in its line of guitars. The Company's present guitar line includes the following designs: the "Uppercut", the "GREM Reaper", the "Free Radical", the "FT-101" and the "GREM Standard". Collectors and music enthusiasts interested in purchasing one of the Company's custom handmade guitars are encouraged to phone the Company directly at 260-238-2000 for more details."
##"The Company has selected Northeast Indiana for locating its manufacturing facility due to the area's available workforce. The Company believes that the manufacturing facility will properly accommodate the Company's desired requirements for expansion of operations. As part of the agreement, the Company has immediate access to two injection-molding machines presently in the facility that will enable the Company to manufacture molded guitar cases in addition to the manufacturing of guitars within the facility.
Edward Miers, President/CEO of GREM USA, stated, "With today's announcement, I believe the Company has reached another important milestone in our quest to become a significant player within our industry. The Company now possesses a facility in which to begin larger scale operations. I am both enthusiastic and optimistic about the Company's progress towards growth of operations."
GRMU was trading as low as .001 a week ago. It then flew to .0019. Then it closed at .0014 after some very understandable profit-taking, GRMU NOW appears well-poised for a HUGE rebound again! GRMU is a trader's delight. There are huge profits to be made from investing in this stock when it's cheap. It IS cheap now! We are hearing strong rumors about very good news soon. The rumors are plentiful! This now appears to be an *excellent* entry point for investment in this stock. It wasn't long ago that GRMU was at .003. It could easily get there again!
Posts: 1073 | Registered: Oct 2005
| IP: Logged |
One for the money... Two for the show... Three get ready... go cat go....
looking at the chart, this is a great entry point before Shakerz get a hold of it. Last time he played this puppy, it went to .0038 in less than 1/2 a day. And we all know KOP likes to play ole faithfuls....