posted
why wouldn't it be? seriously just thought there was P/R coming, chart looks good and volume is high.
Posts: 647 | Registered: Jul 2005
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posted
the volume is really high. in germany they told, that the news coul come this evening... i hope so..
Posts: 220 | Registered: Sep 2005
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posted
sorry, no idea. first i'm going to read some more about GRMU... i'm gonna ask some german guys.
Posts: 220 | Registered: Sep 2005
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"...You stated in a pr earlier in the year that you were going to a trade show (Namm) to show and hopefully take purchase orders for your Guitar line. We have not heard anything whether or not you received any orders for Guitars? Did you receive any orders?. .."
"We were very well received and we did receive orders , one was from a major artist with whom we sat and consulted with and joined his band at the bar for an evening ..."
Posts: 220 | Registered: Sep 2005
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Press Release Source: GREM USA
GREM USA Corporate Update Wednesday October 19, 4:05 pm ET
SPENCERVILLE, Ind.--(BUSINESS WIRE)--Oct. 19, 2005--GREM USA (OTCBB:GRMU - News) announced today that the Company has completed the design and programming of the Company's CNC router for the FT-101 model and has started production of FT-101 guitar bodies. ADVERTISEMENT
Edward Miers, President/CEO of GREM USA, stated, "The Company is now working to complete the CNC design programming for the 'GREM Standard' model and the company intends to have all five models and cases programmed for automated production by year's end. As the Company continues to progress in the setup of automated production, we are also progressing towards the closing of the previously announced agreement to purchase of a 40,000 square foot manufacturing facility in Fort Wayne, Indiana. Attorneys are working to complete the necessary closing documents and we hope to be in the position to close within the coming weeks."
"My current primary focus as CEO of GREM USA is to get our Company's automated manufacturing equipment operating and producing guitars. I believe that the downfall of many development stage companies is that their CEO's are overly intent and focused on their company's daily stock price, rather than focusing efforts on the growth and operations of their business," stated Mr. Miers. "It is my firm belief that by focusing our time and efforts on the actual business of manufacturing quality guitars that the Company's stock price will take care of itself."
Additionally, Mr. Miers stated, "On behalf of the Company and all fellow shareholders, I would like to invite any interested parties to visit our current manufacturing facility in Spencerville, Indiana. We will be proud to provide a tour of our current manufacturing operations and we look forward to being able to showcase the new facility in Fort Wayne sometime in the mid part of 2006. I look forward to providing additional updates about the Company as material events take place."
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.
About GREM USA
GREM USA is a development stage company focusing on design and manufacture of custom handmade and mass-produced electric and acoustic guitars, amplifiers and accessories. For more information, please contact Edward Miers, Chief Executive Officer, phone 260-238-2000. http://www.gremusa.com and additional designs can be viewed on the Greg Reszel website at http://www.gmreszel.com
This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors, factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the Company's ability to execute its business strategy, the Company's ability to consummate and complete operations, the Company's access to future capital, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors that may be identified from time to time in the Company's public announcements. The Company undertakes no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
-------------------------------------------------------------------------------- Contact: GREM USA, Spencerville Edward Miers, 260-238-2000
Posts: 220 | Registered: Sep 2005
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GRMU was trading as low as .0009 last Thursday. LOOK at the huge volume and subsequent price increase since then! It flew up to an intraday high of .0038 on Friday on NO news. Then there was the very understandable profit-taking on Monday. Then Tuesday, Oct 18, there was HUGE accumulation. 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 within the next few trading days. A possible merger/buy out? That we don't know. But the rumors are quite loud and plentiful. *Additionally, very strong rumors persist of a major European investor coming into GRMU later this week. 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 double or 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."
The purpose of this advertisement, like any advertising, is to provide coverage and publicity for the advertised company, its products or services. The information provided in this advertisement is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country. Verify all claims and do your own due diligence. This advertisement is not a solicitation or recommendation to buy, sell or hold securities and does not provide an analysis of the financial position of the company. We recommend you use the information found in this advertisement as an initial starting point for conducting your own research on the advertised company in order to determine your own personal opinion of the company before investing. We are not offering securities for sale. An offer to buy or sell can be made only with accompanying disclosure documents and only in the states and provinces for which they are approved. All statements and opinions contained in this advertisement are the sole opinion of the authors and are subject to change without notice. We are not liable for any investment decisions by our readers. Readers should independently investigate and fully understand all risks before investing. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser or broker prior to completing any such purchase or sale decision. We are not registered investment advisers, or broker-dealers, or members of any financial regulatory bodies. The information contained in this advertisement is provided as an information service only. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. We disclaim any and all liability as to the completeness or accuracy of the information and for any omissions of material facts. The advertised company has not hired us and we have not received any compensation from the advertised company. In order to be in full compliance with the U.S. Securities Act of 1933, Section 17(b), we anticipate receiving fifty thousand dollars from a non-affiliate third party shareholder as compensation for the distribution of this stock profile. Additionally, we have purchased shares in this stock. Since we are receiving compensation and hold stock in the advertised company there is an inherent conflict of interest in our statements and opinions and such statements and opinions cannot be considered independent. We will benefit from any increase in share price of the advertised company. We may sell our shares at any time, without notice, before, during or immediately after the release of this advertisement. The liquidation of our stock may have a negative impact on the stock price. Any price targets and/or projections mentioned are solely opinions and should not be taken as suggested holding periods. We may sell our positions in any companies advertised before they reach such target prices. The receipt of this information constitutes your acceptance of these terms and conditions. Reading this advertisement shall not create under any circumstances an offer to buy or sell stock in the featured company. Nor shall it create any principal-agent relationship between the reader and us. Information within this advertisement contains "forward looking" statements within the meaning of Section 27(a) of the U.S. Securities Act of 1933 and Section 21(e) of the U.S. Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical facts and may be forward looking statements. Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated.
-------------------- I'm not going to comment further, as I refuse to get into a battle of wits with an unarmed person.... Posts: 546 | From: Columbus | Registered: Aug 2005
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posted
Oh, I don't know, that looked to be worthwhile news. I don't think we were expecting to see headlines that they had a $60 million contract or anything. As a guitar player, I find their product very interesting and this is actually a business that exists, unlike a lot of sub pennies. Like the CEO said, he's not going to worry about the share price (i.e. pump up the price with some frivilous PR that doesn't mean squat), and for that I commend him. He just wants to get down to business of making guitars, welcomes all that want to come on by and see for themselves, and let things go from there. Who could resist the GREM Reaper!!?
"It is my firm belief that by focusing our time and efforts on the actual business of manufacturing quality guitars that the Company's stock price will take care of itself."
-------------------- I may be wrong, but I don't think so.... Posts: 837 | From: Madison, WI | Registered: Sep 2005
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posted
Here is the yahoo version of the news, and I also agree with BULListic I like the CEO focus of not worrying about the stock price let us the investors take care of that, overall I like the news.
GREM USA Corporate Update Wednesday October 19, 4:05 pm ET
SPENCERVILLE, Ind.--(BUSINESS WIRE)--Oct. 19, 2005--GREM USA (OTCBB:GRMU - News) announced today that the Company has completed the design and programming of the Company's CNC router for the FT-101 model and has started production of FT-101 guitar bodies. ADVERTISEMENT
Edward Miers, President/CEO of GREM USA, stated, "The Company is now working to complete the CNC design programming for the 'GREM Standard' model and the company intends to have all five models and cases programmed for automated production by year's end. As the Company continues to progress in the setup of automated production, we are also progressing towards the closing of the previously announced agreement to purchase of a 40,000 square foot manufacturing facility in Fort Wayne, Indiana. Attorneys are working to complete the necessary closing documents and we hope to be in the position to close within the coming weeks."
"My current primary focus as CEO of GREM USA is to get our Company's automated manufacturing equipment operating and producing guitars. I believe that the downfall of many development stage companies is that their CEO's are overly intent and focused on their company's daily stock price, rather than focusing efforts on the growth and operations of their business," stated Mr. Miers. "It is my firm belief that by focusing our time and efforts on the actual business of manufacturing quality guitars that the Company's stock price will take care of itself."
Additionally, Mr. Miers stated, "On behalf of the Company and all fellow shareholders, I would like to invite any interested parties to visit our current manufacturing facility in Spencerville, Indiana. We will be proud to provide a tour of our current manufacturing operations and we look forward to being able to showcase the new facility in Fort Wayne sometime in the mid part of 2006. I look forward to providing additional updates about the Company as material events take place."
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.
-------------------- We are in it to win, why not win togather. Posts: 470 | From: Omaha | Registered: Aug 2005
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posted
I like at the end of the day (10/19/2005) the buyers out number the sellers once again, I think early in the morning when the updated version to the level II chart comes out we will have a really good idea on were this stock is going to go, I believe we are going to see a nice jump tomorrow.
The reason all the penny stock news letters are going to heavily promote this story to there members overnight and early morning, which most of them (The penny stock services) have already got in this stock and would be looking to sell out after a good 150%-200% jump tomorrow.
My fearless predictions great! morning for the stock, good afternoon b/c it will probably be walked down later in the day as the MMs try and make some money, hopefully us buyers wont let that happend and keep the pressure on the MM's.
-------------------- We are in it to win, why not win togather. Posts: 470 | From: Omaha | Registered: Aug 2005
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