Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (37126)	1/23/2006 8:39:43 PM
From: pogbull	Read Replies (1) \| Respond to of 60929

According to Osmo the Europeans now want this stock to move up to $1.20 and will try to promote it through their contacts here in the US. Perhaps you can privately contact Osmo to alleviate any concerns you may have. I did and am very comfortable with the information he provided. If the European cabal is real they have no intention to actually harm the stock price as they now want it to move higher. As I understand it (from Osmo) the Europeans are wealthy businessmen who have made their money legally but face VERY high tax rates. Naturally, they have devised a scheme to avoid said taxes. For some stocks held over a 12 month period there are essentially no taxes on the profits. With this in mind they, through their banks, set up fictitious trades in a company that they believe will perform quite well over the next year. The bank buys just enough shares to cover any individual who may be audited but not enough for the entire group. At the end of the year they pay the small amount of taxes on the stock gain instead of paying the business profits tax from where they really made the money. Now their money is clean and they didn't pay much in the way of taxes. According to Osmo the good news is that they have chosen GPXM as one of their primary vehicles for 2006. That said I am much more interested in the fundamentals and don't really want to perpetuate the "European Cabal" rumor as it is all second hand information to me and GPXM will ultimately succeed on its own merits, of that I am very certain. GO GPXM