posted
I mean they didn't say that circuit city is removing thier advertisements just yet, just sounds as if it wasn't as good as they hoped
Posts: 112 | From: NY | Registered: Apr 2004
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posted
I might even get in... but I will give this at least a day or two to settle. I deffenitely wouldn't buy in before tomm morning, might gap down big when it opens tomm.
-------------------- All you need in this life is Ignorance and confidence; then success is sure. Mark Twain Posts: 517 | From: Philadelphia PA | Registered: Oct 2005
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posted
I think the CC deal is dead........... Becareful. This is being daytraded right now.
Posts: 1313 | From: Florida | Registered: Jun 2005
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Bid Ask Bid Size Ask Size Last Change Tick Volume 0.0071 0.0071 50 50 0.0071 -0.0024 Up 254,226,399
Ended on an uptick. My prediction, lots of selling tomorrow and a dip back down to 0.005 and then a run back up to 0.008.
Posts: 659 | Registered: Nov 2005
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posted
my prediction a gap up tommorow AM then it will trickel down again because people will see there is no reason to own the stock right now. But i must admitt this was a great day trade today.
Posts: 1011 | From: ct | Registered: Mar 2005
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imakmony2005
unregistered
posted
I say gap up in the morning.Then back to .01s
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The CC deal is not dead...You guys over react. The pilot is extended till mid March. The past tense about how many members were added is just that, past tense. They can not say the pilot brought this many memberships in the future...that is not what the 10k is for.
Nothing has changed in the 10k about the CC deal it is all the same as they stated in the PR about it being extended. Will it go past mid March? Who know. THe 10k does not answer this....everything is the same.
The share count is higher but we knew that was coming because of all the consulting they have added. The cash flow looks great. The debt looks great...This is just another panic sell when a PR or listing comes out because there are too many amatures holding and they do not read the details and read into the realities.
Calm down everyone. There are even people on here asking where did this come from and that it is a made up rumor...it is no rumors it came from the 10k that was filed. READ it and study it but do not read into it.
NOTHING has changed but the share structure.
-------------------- If all goes well then great, if not, make it work. Posts: 2562 | From: Louisville, KY | Registered: Feb 2005
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posted
3.2 billion shares out, 40,000 titles with 97,000 copies, 2 of each. ( dont like that ) more convertable preffered to come, number of subscribers from circuit city insignificant, speaks of this deal in the past tense. maybe a no go, but MAYBE NOT. 634k in yearly revenue, cost of these revenues including all reported exspenes was over 4 million. average of 2034? active subscribers per month in 05. can service up to 15,000 subs per month more will require significant investment, the good news is that with all the stock they sold they have funds to carry them through the next 20 months. i would guess the A/S will be raised again as the convertable preffered are issued. lots of competition, all this is in the 10Q. good hard facts, good to see from a pink.
Posts: 2503 | From: connecticut | Registered: Mar 2005
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posted
Bottom line, the company is up to its eyeballs in debt, they aren’t making any money, and they can’t pay for anything without issuing more shares to the float. Hell, at this point, you will need the CC deal just to get back to the 9’s.
I’m so glad I sold this POS when I had the opportunity, or I would be down another 2K.
-------------------- JT Posts: 183 | From: Bham AL (ROLL TIDE) | Registered: Dec 2005
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quote:Originally posted by madmoney: 3.2 billion shares out, 40,000 titles with 97,000 copies, 2 of each. ( dont like that ) more convertable preffered to come, number of subscribers from circuit city insignificant, speaks of this deal in the past tense. maybe a no go, but MAYBE NOT. 634k in yearly revenue, cost of these revenues including all reported exspenes was over 4 million. average of 2034? active subscribers per month in 05. can service up to 15,000 subs per month more will require significant investment, the good news is that with all the stock they sold they have funds to carry them through the next 20 months. i would guess the A/S will be raised again as the convertable preffered are issued. lots of competition, all this is in the 10Q. good hard facts, good to see from a pink.
Good points but...not a pink, trades on the OTCBB. What penny stock is not up to its eyes in debt? I am sure there is only one tile of some movies and multiples of the popular ones.
Anyway GLTA....I may by more now.
-------------------- If all goes well then great, if not, make it work. Posts: 2562 | From: Louisville, KY | Registered: Feb 2005
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posted
Good grief, can anything ever help this company now? How many massacres must one person indure. Taking a look at a long term chart it seems the worst for this stock has been .020 and today it hit .055 so can the worst be over have we seen a bottom? I hope so!!!!!!!
-------------------- My post is not a sell, buy or hold recommendation. Posts: 279 | Registered: Nov 2005
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posted
Wow glta that are sticking this one out. Flat out the stock should be worth .003-.004 They better release some good news for you guys sometime soon. But, to be honest this company might have burned too many ppl now. I moved my money to a bigger stock... RACK!!! And I'm already + on it! Nice to just not have a red day. I may be back, but maybe not now because after reading that, to me it implies the cc deal is done. I may jump in march 1st ride it for a 20-30% and jump ship before they dump bad news. All this company does anymore is release a bunch of **** info, bah!
Posts: 671 | Registered: Nov 2005
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posted
Let's all say a prayer tonight! I will state one more thing if this goes to .020 you better believe I will call my lawyer and find some way to sue! The CEO must be laughing at us all the way to the bank with our money. How can he say back in november that subs where up 125%
-------------------- My post is not a sell, buy or hold recommendation. Posts: 279 | Registered: Nov 2005
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posted
wow. I missed all the action. Damn haircut.
On my drive home I was wondering where the price was and considering buying if it fell to .007! WHOA! .005s today????
I would have loved to jump in there for the bounce but I snoozed and loozed....? Anyway, Hopefully most of you got out when the 10K was released and either stayed out or got back in lower.
I'm totally at a loss whether this company is even worth playing if it drops back down to the .005s. I won't waste my time with anything higher than that. The dreams of .025, .05, .10, and LOL .25 are dead and gone. Just like every other pink/OTC penny out there.
Good luck all.
-------------------- "Please note that every week from now until the end of time is a 'coming week.' " Posts: 512 | Registered: Sep 2005
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quote:Originally posted by AgentX: Good grief, can anything ever help this company now? How many massacres must one person indure. Taking a look at a long term chart it seems the worst for this stock has been .020 and today it hit .055 so can the worst be over have we seen a bottom? I hope so!!!!!!!
You're missing the point of today's selloff.
While the subscription numbers were horrid and the CC deal uneffective, the killer bad news was the dilution going on. 2 billion shares were issued which makes your investment worth less. Plus, with the toxic finacing they have, the lower the pps goes, the MORE SHARES they issue. It's the death spiral for all these companies. That .002 back in the day is now something equivalent to .0012 now. When it hits 5 billion, then it will be .0007. "The number of issuable shares is essentially limitless." We were all warned.
GZFX is done as a long term play until their creditors are paid off in full and the company does a reverse split.
There are short term plays to be made though, and the rest of this week should be nice.
-------------------- "Please note that every week from now until the end of time is a 'coming week.' " Posts: 512 | Registered: Sep 2005
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posted
This is the big problem with GZFX...month after month.......year after year. Give shares away left and right. From the 10k
During 2005, options covering 540,000,000 shares of common stock were exercised (average of $0.006 per share) into free trading stock under Stock Incentive Plan.
At .01 that is 5.4mil At .02 that is 10.8 mil At .03 that is 16.2 mil All this money to what 14 employees. That is out of control big time.
Posts: 181 | From: lodi, ca | Registered: Dec 2003
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posted
Has anybody asked John the CEO of GZFX when the Annual Shareholder meeting will be? I have many times but never get a reply.
Posts: 181 | From: lodi, ca | Registered: Dec 2003
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