Shares on GGNC web site said 4 million in Jan 1998 now at
20 million. for what? Chus earnings forecast 1.00 share first year,
No earnings ever released since company started, says has a deal with the racing forum, no deal has ever been made,china casino was being decorated to open 3 months ago, never happened, audit by PW, never happened hired a exemployee and claimed PW was doing audits, Had to admit news releases were not true. No board of directors, or any operations people , this is a one man show ,the James Chu Show.
He has two web sites to take bets, they cost 350,000 to do the same thing, SNMM CRY or RIHI will all set you up for the same deal, you do not have to be public only need 350,000. So why did shares go from 4 million in last DEC to 19000000 or more now. All smoke and mirrors,
this is the classic pump and dump stock. Chu owned all the stock, his back ground is a stock promoter, he has done well for himself, but not for the long term growth of the company. So those are all facts.
Mark |
