George,
If it is true that progress has been made, then i as a shareholder of 17,500 @ 1/8 will benefit only if the second piece of this puzzel becomes a fact, being that no huge dilution of my share count occures.
As all of us know Global is a speculative company, but to which degree we expect a huge return depends on when we invested our cash into gpgi shares.
Normal business 101, which i have never taken, might say that those who invest first into a company that will become very successful in a time period speculated upfront through the information put out by the company or one closely knowledgeable will be the ones who reap the rewards when selling their shares.
But if the company does not deliver and the investment money pumped into it is all used up, then new money will be needed by the company to continue, and the company does so by issuing more shares, causing those who bought in earier to have their shares diluted with result a lost of value. This assumes the company was not successful and already the share value dropped from the value those who purchased at the beginning, and add to the lower price the dilution, then this represents a real lost of value as these first to buy shares now see a today's sell as their investment return, which is a lost.
Seems that even if this company reaches success, that those first shares invested have already lost most of their value through the dilution of selling more shares for new money to continue this company. Business 101.
How long has it been?
You already posted that dark history.
Global Platinum and Gold ( GPGI, NASD. BB) 3/24/96 closing price(3/22): 1 3/8
LeRoy;
I want to bring an outstanding speculative opportunity.....
... before it is too late to buy in at low levels. ... before it is too late to buy in at low levels. ... before it is too late to buy in at low levels.
The company is Global Platinum and Gold, symbol GPGI, which trades on the NASDAQ bulletin board.
GPGI has 11 million shares outstanding, no debt, several hundred thousand dollars in working capital.....
... and will begin, in several weeks, full scale commercial production of gold, silver, and platinum.....
... 12-24 month target is $10-20 per share, and long term[a.k.a. year 2000], the upside could be multiples of this[a.k.a. $100-200].....
...the company has no debt, a 100 ton per day mill, and a refinery, both fully owned, and 500,000 tons of ore sitting above ground, next to the mill....
The last piece of equipment for the refinery has just been installed, and production has begun. production has begun. production has begun.
Within weeks,[a.k.a. April 1996] Within weeks,[a.k.a. April 1996] Within weeks,[a.k.a. April 1996] we will be hearing initial production numbers.....
The company has been getting assay results suggesting much higher grades of platinum than mentioned in this estimate, with high grades of gold and silver as well, so this estimate will be quite low.....
I met with the president of GPGI this past week, while on my trip to Salt Lake City.
... take a peak at the web site... including the details of a recent offer by Golden Eagle Mining, in which Global was offered $20 million dollars, or twice its market capitalization just for a piece of the action. Global is considering this offer.....
... estimate is low. Gus Rodriquez
[End]
Let me itemize a few possibilities jenSin has available to take Global big time successful.
(1) reverse split a.k.a. consolidation 10:1 (2) reverse split a.k.a. consolidation 20:1 (3) reverse split a.k.a. consolidation 30:1 (6) reverse split a.k.a. consolidation a.k.a. total investment lost
Why?
Simple, assuming all the hype and pump n dump and insider info becomes a reality and Global has great dirt and a great extraction process and a great little capacity operation generating a great comparied to zero revenue flow, but still very small comparied to the big money needed to take Global to the big times, so you really think jenSin will wait a slow expansion over many many years to reach that Global Enterprise status jenSin wants now, not later, especially after he spent 8 years spinning the wheels of Global off the dirt using mr. deadend twiTurd's Nope_peel_another_onion_as_this_nut....
So you think jenSin will spend another 8 years with a small revenue influx to expand Global?
So whats a way to blow Global upwards into an abrupt expansion? Yup, influx of new cash, and we is not talking selling gpgi shares with the resulting dilution, nope, big time money and big money want a big piece of the action, as they deserve and will demand.
Action a.k.a. control a.k.a. big share holdings so that they can protect their investment.
Think not so means you think not.
Once again, the cash obtained through your investments is all gone, no more, spent, poof, used up'ed.
So take a snapshot of yesterday's Global and what you see is what your investment returned.
a.k.a. zero or tiny close to only paying paychecks to Global's employees and contractors/consultants.
So today you have available your return on investment, sell your gpgi shares on the Pink Place for a few pennies.
Better be quick because if Global is where you all say it is at, then a shareholders vote will occure for that reverse split needed as a requirement done prior to the big new money inputted.
Once again, you guys have zero ways to get a no voted as once again jenSin + twiTurd + a few Global closes have zillions+.
Think not?
Think how you would do it if you were in jenSin's shoes.
Anyway, without that eXtra stuff i know about, its makes good business sense.
Just to put the cork into your empty bottle, that bottle you think is more than 1/2 full.
Remember how you all react to i gotmilk/dougak when i asked you to call Global and ask for when next news release will be put out.
Well, "Get lost pimple_head" etc etc.
Rage took the place of an ok.
Rage, one step below hate.
So imagine the hate jenSin has for i and thorn and etc etc.
Just as you were willing to deny this information to those Global shareholders that don't post and don't bash Global just so long that i do not get any output from your work, now imagine if jenSin can deny me and thorn and others that he hates the fruits of his work by the success of the company he ceated from nothing.
Just imagine the powerful desire to deny me any return of my investment in Global.
Just imagine if its as powerful as your desire to see me as one put it ysterday '...end yourself.." or something like that, meaning poof i he wished i would erase myself.
So, if the big money says ok after big reverse split, and this will erase me from any investment return, and yes take all of you rest along for the ride(dumped).
one for all (not here)
all for one (to get me and thorn)
sooooooooooooooooooooooooooooooo
tell me it will not happen
ya, tell me mushrooms
and after it does then you will say "could of should of would of, listened to that a$$hole/a$$wipe"
dougak |