**** MY POSITION ON GLOW----PLEASE READ****
I too have many concerns on GLOW. There ARE many questions to be answered. Here is my straight forward opinion on GLOW.
I first bought this stock at 7 cents. I wasn't thinking about hypesters or
bashers. I thought " over 50 cents in projected earnings." Before this
stock I lost 30% in 1 year. I wasn't doing well. I was young and losing
money. My parents urged me to give up and go to mutual funds. I found GLOW because of Brads DD. I saw it go from 4 cents to 15 cents in a few days. I was even more mad. I sold all my other stocks to get into GLOW. I finally got in at 7 cents.
Ever since I have been a shareholder, good things have happened. They cancelled 13 million shares originally for 2 aquisitions I really didn't like. The reason I didn't like those two companies is because they didn't provide information that GLOW lawyers thought they needed and those two companies were probably hiding something.
The next news, GLOW plans to be fully reporting. I don't know why that hasn't happened yet. I am concerned but not panicky! I hope this happens soon. Being fully reporting is very important!
Then on May 5th, the BIG news. GLOW opens at 30 and spikes to 61 before closing at 50 cents. Many people bought that day. Around 13 million shares. They announced IGC and ECS COULD bring 25 cents in EPS.
I also feel the May 7th press release was important. It explains Globals
intentions and games coming up.
Then the May 22nd press release. It explains the Burnt Church deal. There has been no further information on this POSSIBLE deal, but I expect to hear something soon.
Then the June 10th press release. I showed the Vegas-Live site. Many people had split opinions thought on this site. Something it's "GREAT" and others think its "UNPROFESSIONAL." I am not a professional bingo software maker, but I think it fit the needs of bingo playing. IF I was a bingo player, I would want a screen that fits the purpose of bingo. Nothing uneccessary but easy to use and fun to play ( I personally enjoyed it ). Remember the May 7th press release, more games to come. Also, what makes GLOW really special, is there software is Java so you don't need to download crap.
The 6/12 press release just clears up the management change, important in my opinion.
Then comes the last press release..June 29th. It caught me by surprise. I too wonder why it took so long to figure out there were 20 million shares given out and not 13 million. I guess better late then never....
I hope everybody realizes that this company has had a terrible past! So when the 10K comes out it WILL show losses. Please read Brads overview for approximate numbers.
YES, I have hyped GLOW, YES it WAS stupid and I plan NOT to hype GLOW anymore. I am young and learning.
YES, I CAN sell GLOW tomorrow and make 300%. NO I won't sell GLOW tomorrow.
It has POTENTIAL...
In case TGW doesn't know what potential is.. Here is the definition
potential- existing, but NOT fully developed.
That is what potential is and that is what GLOW has. If you don't think GLOW has potential, please move on. You can't prove GLOW doesn't have potential.
Now comes MMpro. MMpro has been smart and dumb. He has brought up GREAT points but has been rude. First of all, I owe MMpro an apology. I am sorry. You are probably not a shorter but just have questions that are still not answered. I don't know anything about IGC but I think that they will have a press release about IGC containing your info soon. They have been avoiding that question for some time. But I do think IGC exists because Gary would know his butt would go right to jail!!!!
Then ECS. I thought we owned ECS. I WAS WRONG! That is still in the works and Gary DOES want this deal to go through.
The next month is very important. When those two people called Gary and asked if he was working on any software contracts he said "yes", they asked if they were near the size of IGC, he said "bigger."
Here we go again TGW. Potential to get more contracts. POTENTIAL!
I am looking forward ton this Burnt Church thing too. This COULD (
POTENTIAL) be HUGE. I could flank ( POTENTIAL! ).
I am not selling Global Games at 22 cents. Lets go back for a second to 61 cents.. Lets see what has happened between 61 cents and now.
Burnt Church- good news
Vegas Live- good news IMO
20 million shares instead of 13 million- GREAT news
more POSSIBLE contract like IGC- GREAT!
Most of you are viewing of your position on GLOW, not Global Games.
Remember I am only 16 and am still learning... Yes I HAVE made mistakes on SI. YES I am man enough to admit. But forget all of that. Lets worry about Global Games.
Another thing that bothers me is bashers. IF you are a basher, do you like seeing the price go down and seeing the HARD working American lose money. This question is NOT directed at anyone, but if you consider yourself a basher, then please answer the question.
Also..... Many of your questions have to be answered publicly. So if you call Gary and he can't answer your question, he probably is not hiding something.
The next month is VERY important. Either Gary will follow through, or not! I think he will that is why I am holding! I hope we can clean up the thread and stop hyping and bashing. Yes I will sell GLOW if Gary doesn't follow through. I think he will follow through.
Just think of this. Gary works 6 to 7 days a week, 12-14 hours a day on Global stuff, do you think he will throw his only pay ( 500,000 shares) away? I don't. We will see.
I love the word POTENTIAL now!
Good night!
PS. Please tell me what BAD things have happened with Global Games between 61 cents and now!
Thanks! |
