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Author Topic: GRDX & World Hockey Association
FatherOfTwo
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GRDX is getting some action today.

I have a feeling that something BIG is coming soon!

The season starts at the end of this month.

6 teams at $4-6 million each is alot of assets to be sticking inside a shell! This one is going to explde when they do announce it!

Remember SPEA & ATEG!

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kywee
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with 240k volume?
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HossTrader
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The volume will come with the news of the merger

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I just want to make enough money to be eccentric.

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FatherOfTwo
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quote:
Originally posted by kywee:
with 240k volume?

I bet we get some kinda news this week! And What I really want to see is this baby to move up an exchange... which I bet they do, to give them credibility in the investment community. These guys are professionals and have a high dollar product. They pursued the pink sheet shell route because it was cheaper than an IPO, which means they are serious about their investment.

How many hockey nut accountants / attorneys are out there, that would be more than happy to support this venture getting them off the pink sheets... probably for no more payment than an autograph and photo with THE GOLDEN JET?????

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A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)

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FatherOfTwo
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I emptied my account buying some more just now! I am now at 500K shares!

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A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)

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lilpennypincher
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I'm still loaded and ready for news!

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Lil,

Dont LOSE more than you can afford to invest....LOL

I'm buying low and selling into the run...

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Tooka56
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FatherofTwo, I am holding 480k right beside you. Still waiting to see if we'll realize a profit, but its a fun prospect.
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jakeo
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HOLDING UNTIL THE FILLING!!!
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Clyde_Crashcup
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quote:
Originally posted by jakeo:
HOLDING UNTIL THE FILLING!!!

The ultimate American Pie. A slice for everyone.
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stockgranny
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I don't post often, I just got curious about this stock and didn't want to miss the chance on another SPEA.
I called The company today and asked to speak to someone about the stock. I was connected to someone named Mark Mc(somebody) at the company and got this information.

They are closing the deal on Thursday, They are just waiting on the approval for the new symbol.

I was not going to post it as I was afraid of not being taken seriously. The news I got was too good not to share
I just figured I'd give it a shot.
It seems to me that good news will be out on Thursday or friday.
Thanks for hearing me out and looking forward to thrusday/friday and making a lot of money with all of you.

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Ross
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Good work granny!!!!!
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HossTrader
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Granny, I sure hope you are right!! I could even become a hockey fan if all this goes through!

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I just want to make enough money to be eccentric.

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firefighterswct
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granny is right .... i was talking to the ceo mark and ricky earler today and over the past few days . i told fo2 earlyer this afternoon to just run the information by him befour i posted it here ...
Thrusday the company is exspecting a call from the nasdaq... ( otcbb) to confirm the name change
one the stock symble has been changed and the approval is granted they will announce a PR come thrusday within hours .. depending on the timeing the PR should be released thrusday or friday morning . At this time the company will announce the new symble of the stock they will also do a R/S now this R/S is not a bad reverse split this is to bring the pps up so that it gets more noticeable and in turn can go to a higher exchange nasdaq etc. This stock should do very good it will be basicly a shell getting filled with a 20-30 mill dollar company right now NITE is on the ask price and has some shares hes selling that he bought at .002 but i think once we get passed him this stock is going to explode!!! but we will see after talking to these ceo's i am very very confident in the company and the future pps of the company best of luck to everyone !!!

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reidler88
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u said they are exspecting a call on thursday,,
doesnt mean it will happen then,,,
and do u think if they get the ok,, they will have the pr out within hours of the call????

i am just asking,, not critizing anyone,,, i just dont wanna get my hopes up,,
i hate work,,,, haha

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corndo
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Is anyone dumping before Thursday considering the upcoming R/S?

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speak from your heart, invest from experience...

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firefighterswct
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Reidler88 Im saying the exact words of the ceo .. He said as soon as they get the word.. The PR will be out within hours!!

Corndo.. No way this issent a typicle R/S this is a good kind of R/S to get to a higher exchange etc im sure FO2 can explain that better then i can but its not a bad thing at all and you would be crazy to sell befour the news !!

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firefighterswct
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Corndo The R/S will be a 1 for 1000 RS and the news stock will be about 5.00 or so or what ever the pps is befour the RS so if it goes up like some of the other shells have 1000% plus then the RS pps will be alot higher but yeah i cant explain it enough this kinds of RS is a good thing for the company it makes the company look better the the public eye by being on the otcbb then later down the road nasdaq etc !!
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Rules
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This is going to be interesting. I need a few more shares if anyone wants to sell some.
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corndo
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Thanks. Just trying to wrap my mind around how this is a good thing. If the pps goes from 0.005 to 5.00, I would still have the same initial amount of money invested, it's just now alot more expensive for others to get in. I guess the only positive is that after the R/S we will on the OTCBB (albeit /1000).

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firefighterswct
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basicly corndo this is a better way to explain it

Right now GRDX is a cruddy stock it has shares at .005 and like 30 mill os right ... im not to sure on these numbers the vaulse of the company issent worth much at all

Now you het WHA in the stock that stock this company that is worth crap say 1 mill dollars for example now gets filled with a company that is worth 20 -30 million thats real numbers well the PPS then jumps because each share is now worth alot more and the number of shares go down ... so now if there are only 3 million shares out standing the vaule of the stock is a minimum of 10 per shares and stocks usually trade alot more then there per share vaule ... Im hoping FO2 comes in and he can explain it better then me lol but thats the basic of it !!!

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Jmoove
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transferred more money for this one, and ill be getting out pre-rs

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Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot.

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corndo
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Thanks, I understand that part, but if the O/S 30 million then post r/s there will be 30K o/s? Isn't that low even for a OTCBB company? or even a NASDAQ for that matter?

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speak from your heart, invest from experience...

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kywee
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Jmoove may i ask why you are getting out before the rs? which is thursday-friday or am i wrong?
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Tooka56
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I also think this sounds shady now. I have never experienced a good R/S. If we have a R/S that sends us up to 5.00, then where will we go? If we went from .005 to .01 this week, it would be the same as post r/split shares going from $5 to $10 per share. Once you get into dollars, how much farther can you go? Just think about even a high pps as a result of the r/s: $20? 25? How high could this possibly go? I see a stock more likely to go from .005 to .035 than for a $5 to go to $35. Maybe I'm thinking about this incorrectly. Please correct my thinking if this is the case.
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jakeo
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Press Release Source: Grand Lux, Inc.

Grand Lux, Inc. Signs Letter of Intent to Purchase World Hockey Association Corporation
Monday July 18, 8:00 am ET

ORLANDO, FL--(MARKET WIRE)--Jul 18, 2005 -- Grand Lux Inc. (Other OTC:GRDX.PK - News), today announced that it has signed an letter of intent (LOI) with World Hockey Association Corporation to purchase the company for stock. Upon completion, the present board of directors of Grand Lux, Inc. will resign and be replaced by the directors of World Hockey Association, which includes among others R. (Butch) Goring and Robert Marvin Hull.

Grand Lux, Inc. will be spinning out all current assets into Marinas International Inc. and will provide Grand Lux, Inc. shareholder a one (1) share dividend of Marinas International Inc., for every ten (10) shares of GRDX. The Marinas International Inc. new symbol and dates will be announced in the near future as they become available.


Just wondering where this reverse split info comes from?
For every 10 shares of GRDX we get one share of this new company Marina's Co. While still keeping GRDX for the WHA to move its assets into.
Is there going to be a split after the board of directors is disolved?
Seems to me they dont need to do a R/S based on how this thing moves- guess that shows how many people are holding this stock.

[ September 21, 2005, 02:49: Message edited by: jakeo ]

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Clyde_Crashcup
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quote:
Originally posted by Tooka56:
I also think this sounds shady now. I have never experienced a good R/S. If we have a R/S that sends us up to 5.00, then where will we go? If we went from .005 to .01 this week, it would be the same as post r/split shares going from $5 to $10 per share. Once you get into dollars, how much farther can you go? Just think about even a high pps as a result of the r/s: $20? 25? How high could this possibly go? I see a stock more likely to go from .005 to .035 than for a $5 to go to $35. Maybe I'm thinking about this incorrectly. Please correct my thinking if this is the case.

A good R/S makes the pps change to dollars. 99 percent of investors will not touch a pink thats in the pennies let alone sub penny. The stock will find a new group of investor including institutional.
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Ross
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http://www.worldhockeyassociation.net/

teams (7) and further info already on the site...

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jordanreed
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show me where it says a r/s is coming. also-look at gte to see what a r/s might do

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jordan

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jakeo
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Hell yeah the Tallahassee Tigersharks!!!
Used to live in Tallahassee and I've been to a couple of their games, surprisingly... for hockey in florida they really brought the crowds in

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realityinc21
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I just talked to Ricky (WHA) Phone is at the website above. Mark is going to call me back with the skinny. I want to here this for myself. I will let you know. This is the first I have heard of a R/S.

I do not like that.

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DIANA

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Ross
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L2's anyone....

thx...

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firefighterswct
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bid 2 @ .0045 Ask 2 @ .006 1 @ .008 1 @ .01
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stickfigurefred
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Wonder why we aren't seeing much action on this one this morning.
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stickfigurefred
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Calm before the storm? [Smile]
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reidler88
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did anyone confirm what the r/s was all about yet,,,,,,,

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