posted
I don't think it's going to go as low as you guys are predicting. Maybe .008 or so. I have no clue though. I think it will depend on the financials they release next week. That will probably be a big factor on it's near future. Why did you start a new thread? People are talking plenty about how low it's going to go in the original one.
IP: Logged |
posted
maybe he's bashing...gzfx has been bashed a lot lately =( ...and nothing is really even wrong x__x ..... all the deals still stand...the CEO never gave us any bad news, and that old man seems like a fair one
IP: Logged |
posted
I think it can see anywhere from .006 to .005. Anything is really possible, but if they follow the chart, then the distance and price that they have went from would put them somewhere in that neighborhood. I am looking to buy back in around .006 if possible.
posted
Just a rookie talkin' here but .... Looking at the volume at the end of the day - It dipped way down into the low .005s during the big panic sell off and was pushed all the way back up to .007 with a lot of big buying. Don't you think we've seen the bottom for now? Aren't you encouraged by the eod buying? Don't you think that the buying trend will likely push it back into the .009 range by tomorrow?
IP: Logged |
As of December 31, 2005, the Company had 3,291,733,490 shares of common stock issued and outstanding.
+
On August 1, 2005, the Company entered into a Consulting Services Agreement with De Joya & Company, Inc. (see Exhibit 10). This agreement also covers the services provided to the Company by Arthur De Joya as chief financial officer of the Company. Under this agreement, the Company agrees to pay $3,000 each month and 5,000,000 free trading shares of common stock to be issued at the end of each quarter for a total of four quarters. The monthly fee is to increase by 10% beginning on each anniversary date of this agreement.
+
(1)(2) The 2006 Non-Employee Directors and Consultants Retainer Stock Plan authorizes a total of 150,000,000 shares. This offering price per share is calculated under Rule 457(h)(1) (reference to Rule 457(c)) as the offering price is not known: average of the bid and ask prices as of January 12, 2006 (within 5 business days prior to the date of filing this registration statement). See 2006 Non-Employee Directors and Consultants Retainer Stock Plan, attached as Exhibit 4.1 to this Form S-8.
+
(3)(4) The 2006 Stock Incentive Plan authorizes a total of 250,000,000 shares. This offering price per share is calculated under Rule 457(h)(1) (reference to Rule 457(c)) as the exercise price of the options is not known: average of the bid and ask prices as of January 12, 2006 (within five business days prior to the date of filing the registration statement). See 2006 Stock Incentive Plan, attached as Exhibit 4.2 to this Form S-8.
Looks like Arthur De Joya received his first 5M shares on 12/5/05, another 5M on 12/31/05.
Anyone looking to get into this should consider reading and understanding the filings for the past 6 to 8 months, there's been a lot of activity. Start here :
posted
Haha you are living a dream if you think it will be in the .009's tomorrow. It was barely in the 009's today before this disasterous news. Face the facts if your holding and want out talking the stock up isn't going to help it. People are all going to sell like mad when it comes down to it. Good luck getting out at any price. Its going to gap down hard in the morning! I agree it will get pulled back up by mm's and daytraders for a few days but for most of feb this stock is going to be in the toilet and even longer if the CC deal falls through.
IP: Logged |
posted
Cobra, Agree and disagree .... I'm not talking the stock up pal - I don't even own the stock ... just watching from the sidelines, so you're laughing at and poking your little sharp sticks at the wrong guy. I was merely stating that the EOD buys were encouraging in my opinion. Sure the price was barely hanging on to .009s there for a few days ... I just figured that the buying trend may take it back up before it falls again. Geeesh!
IP: Logged |
quote:On August 1, 2005, the Company entered into a Consulting Services Agreement with De Joya & Company, Inc. (see Exhibit 10). This agreement also covers the services provided to the Company by Arthur De Joya as chief financial officer of the Company. Under this agreement, the Company agrees to pay $3,000 each month and 5,000,000 free trading shares of common stock to be issued at the end of each quarter for a total of four quarters. The monthly fee is to increase by 10% beginning on each anniversary date of this agreement.
Am I missing something here? Unless the CFO is a complete idiot why would he accept stock in lieu of dollars if he thought the shares would be worthless.
IP: Logged |
posted
Because at the time the shares were worth more than they were probably willing to pay him. Who knows maybe he already sold the shares and made off w/some nice $$$ We won't know until they decide they feel like filing it
IP: Logged |
quote:On August 1, 2005, the Company entered into a Consulting Services Agreement with De Joya & Company, Inc. (see Exhibit 10). This agreement also covers the services provided to the Company by Arthur De Joya as chief financial officer of the Company. Under this agreement, the Company agrees to pay $3,000 each month and 5,000,000 free trading shares of common stock to be issued at the end of each quarter for a total of four quarters. The monthly fee is to increase by 10% beginning on each anniversary date of this agreement.
Am I missing something here? Unless the CFO is a complete idiot why would he accept stock in lieu of dollars if he thought the shares would be worthless.
Do the math. Even at .005 his yearly salary will be $136000. Nothing to shake a stick at.
He signed on with that deal when the pps was at .0044, so it's not like he's down money right now.
-------------------- "Please note that every week from now until the end of time is a 'coming week.' "
IP: Logged |
Topic Closed
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Frown]](frown.gif)
