posted
Watch this one take off, should have no problem selling at .0002 in the next day or two, if that's what you want to do. But it might take a few more days. GLTA
Vagabond
-------------------- You are what you do, not what you say! Posts: 473 | From: Where ever the next train takes me! | Registered: Apr 2006
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posted
Once again from the new management (president) of GWGO:
"....I am in a position to assure stockholders that all outstanding dividend issues as well as appointment of Auditors are matters that we have in hand at this point. Stockholders may rest assured that the Company is not contemplating a Reverse Split of the Company's Stock nor is the Company altering its plans to unlock stockholder value as a matter of some urgency. Please appreciate that I will announce all of our plans once finalized and that I will publicise these in great detail, very shortly.....
I will, very shortly, be issuing a Press Release detailing our resolution of each of the outstanding problems that are of enormous concern to both myself and to stockholders....."
Vagabond
-------------------- You are what you do, not what you say! Posts: 473 | From: Where ever the next train takes me! | Registered: Apr 2006
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posted
You're welcome for the info, but I didn't send them an email. that's an excerpt from the recent company PR.
quote:Originally posted by qbarat2: I like this CEO! He actually reponds to the questions. Before when you emailed we would get a generic response of some sort.
Vagabond, thanks alot for the information and email you sent them. =)
-------------------- You are what you do, not what you say! Posts: 473 | From: Where ever the next train takes me! | Registered: Apr 2006
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-------------------- You are what you do, not what you say! Posts: 473 | From: Where ever the next train takes me! | Registered: Apr 2006
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posted
I have had 5 million for sale at .0002 for several days now but no takers. Looks like we are either buying it for .0001 or getting it free.
Confusing but I may cancel my sale as I'm starting to like the feeling I'm getting lately from the company. Good PR's and answering emails, oh, and a new CEO...Hmmm, I even thought about buying more but came to my senses as I figured 15 million shares was plenty.
Posts: 2498 | Registered: Mar 2006
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quote:Originally posted by Stockstar69: I have had 5 million for sale at .0002 for several days now but no takers. Looks like we are either buying it for .0001 or getting it free.
Confusing but I may cancel my sale as I'm starting to like the feeling I'm getting lately from the company. Good PR's and answering emails, oh, and a new CEO...Hmmm, I even thought about buying more but came to my senses as I figured 15 million shares was plenty.
I couldn't take it anymore...Bought another 5 mill shares at .0001 or is that .000001? LOL.
Posts: 2498 | Registered: Mar 2006
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posted
qbarat, today is not the last day to "jump on board" to get the split.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
why would anyone buy. when the split occurs the pps is cut in half. there will be no buyers to bring the pps up.
Posts: 806 | From: CT | Registered: Dec 2005
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posted
the thinking is that (and the company even stated this in the PR, Ugh...) the price is at .0001, so if they do a forward split, shareholders will have 2x the shares, but can still sell at .0001, so an instant 100% gain...
I'm not sure if the company is playing dumb, or just doesn't care that, in all likelyhood, the supply doubles and the demand goes to virtually 0, and thus instead of being able to sell at .0001, holders won't be able to sell at all.
quote:Originally posted by casviper: why would anyone buy. when the split occurs the pps is cut in half. there will be no buyers to bring the pps up.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
Well, in theory it should, but you can't trade in intervals less than .0001, so it won't go down to .00005.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
Funny...Although millions/billions of shares trade daily for .0001 we are all talking about it.
Posts: 2498 | Registered: Mar 2006
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posted
It's like Anna Nicole Smith, total garbage, but everyone's talking about her right now.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
"The rationale for this Forward Split of the Company's Stock is that the stock price could not be trading at a lower price than it is at this time, and this action will effectively result in a 100% increase in stockholder value, as from February 8, 2007"
"This Stock Dividend will be electronically credited to stockholders brokerage accounts shortly after the ``Record Date'', being February 13, 2007."
posted
Oh, I see what you're saying now. But really, until you see it on otcbb.com's daily list, company PRs are worthless.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
Hmmm, I wonder if the company was able to secure any loans using stock as collateral? If they could buy additional property or pay dividends still waits to be seen but I am curious?
Posts: 2498 | Registered: Mar 2006
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posted
you need a buyer. someone would have to be crazy to buy this ... its worthless. This thing has SEC investigation written all over it as well as probably a class action lawsuit by the current shareholders for false PR's over the last year or so.
Posts: 806 | From: CT | Registered: Dec 2005
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