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Microcap & Penny Stocks : GGNC - GIC/Global Intertainment Corporation -- Ignore unavailable to you. Want to Upgrade?


To: Orwell who wrote (1816)1/21/1999 11:02:00 PM
From: Ted M  Read Replies (2) | Respond to of 2585
 
Is there any substance to this company? How many employees are there? Are the revenues they speak of really just amounts being wagered or earnings? If this company is as great as the press releases sound, why is it so cheap? I don't believe it is undiscovered--way too many people read the releases recently. What gives?
Ted



To: Orwell who wrote (1816)1/23/1999 12:48:00 PM
From: Baz Luhrman  Read Replies (4) | Respond to of 2585
 
George,

Be very careful with GGNC as I will be very careful in the way that I word this. Grant it GGNC is well positioned and has a great site. However in order for this company to take off they need to become fully reporting.

I happen to know from some very reliable sources in Vancouver that insiders are dumping there shares. James Chu is as arrogant as they come. He's already made all that he wanted to make on this company. He's running around the Pacific Rim making playing the playboy and the bigshot with all his Asian friends. He's dumping shares and that is what has kept this thing from running to ten. He's only got three people in the Vancouver office which I suggest are losing patience with all this shit.

I'm not suggesting that he's going to walk away from the company. But what I am suggesting is they're not going to come out with any numbers this month and if they do by some chance there not to be believed. The company is a self perpetuating. He won't walk away from it but I predict when financials don't come out investors will lose patience and confidence and the stock will take a dive. At that point they'll get new people in, attempt to reorganize and give it another go.

Please don't accuse me of bashing the stock or shorting it because I'm not. I was very long on this stock until the past week. I bought into this stock at the 1.00 range.

Take it for what its worth. And with all that said I could be totally wrong but I don't think so. I did my DD and bought this stock and I did my DD and sold it.

BAZ



To: Orwell who wrote (1816)1/28/1999 6:09:00 PM
From: Happyman  Read Replies (1) | Respond to of 2585
 
PLEASE READ, Good info........................

GGNC partnered with Hong Kong New World development ltd. which has $2.6 billions US dollars turn over in 1998. New World is a real estate developer and should be around the top 5 largest developers in HK. One thing I want to mention here is that the financial district office rent is no#1 in the world, the office rent is even high than Tokyo, Japan.
Here is New World development ltd Web site.
enjoy it. Tomorrow, this dog may shoot the moon.

irasia.com