SI
SI
discoversearch

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
American Fire Retardant Corp
An SI Board Since November 2004
Posts SubjectMarks Bans Symbol
22 2 0 GMSV
Emcee:  dkgross Type:  Unmoderated
GMSV Global Materials and Services. FORMERLY American Fire Retardant :

I'm only starting this board as fair warning. My investment was wiped out in less than a year by three reverse splits.

OF COURSE...I have nobody to blame but myself for not bailing as soon as I read about the first R/S (a few weeks after I bought). I held too long.

Since September of 2002, this company has continuously repeated the pattern of authorizing large amounts of shares, issuing press releases to attract investors, then Reverse Splitting those shares, rendering those investments worthless.

Here is a quick history:
American Fire Retardant Reverse Split History

AFRN 1:2000 R/S 01/06/2005 NAME CHANGE TO GMSV
AFRN 1:2000 R/S 11/01/2004
AFRT 1:250 R/S 09/01/2004
AFRR 1:250 R/S 03/22/2004
AMFR 1:200 R/S 06/27/2003
AFRC 1:10 R/S 09/12/2002

IN MY OWN OPINION: This company needs to be halted by the SEC. DO YOUR OWN DD.
 Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
ReplyMessage PreviewFromRecsPosted
22I called an attorney to go after the Board and they said it would take $100,000 morefoolme-5/23/2012
21Stephen Owens Indicted The SEC filed a complaint against Global Materials &fightback-6/5/2009
20Glad this thread was kept open. If you invested in AFRC, please respond asap. Hofightback-6/2/2009
19I've done all I can by sending letters and emails to the SEC. Obviously, thdkgross-3/9/2005
18I am disappointed there are so few messages on the board. I would think that thstolenfrom-3/9/2005
17why the hell aren't they in jail?dkgross-1/19/2005
16In a matter of few trading days the share price should be down to the hundredthsJ.S.-1/19/2005
15cool. I changed the board info box. this company needs to be shut down.dkgross-1/10/2005
14Thanks. I'll post now and then. One more thing: Can you update the first mJ.S.-1/10/2005
13sigh...Ok...I'll leave it up, but I'm done posting. I've taken my ldkgross-1/9/2005
12DK: Please don't close the thread. Keep this as a public record. These guysJ.S.-1/9/2005
11I'm done with this..Will try and close the thread. ANOTHER R/S today. AFRdkgross-1/5/2005
10ANOTHER R/S!!!! (COMTEX) B: AFRD: Merger; Directors; Reverse Stock Split [ddkgross-12/16/2004
9AFRD/Knobias...SHEEEEEEEESH...Here's the easiest way to kill any credibilitydkgross-12/13/2004
8it looks the PR Fluff and Puff-o-Grams are starting all over again. RUN AWAY, PEdkgross-11/30/2004
7AFRD..tanking faster than I could have ever imagined. investorshub.com maybe tdkgross-11/9/2004
6What kind a BS Scam are THESE PEOPLE UP TO to have AFRD on their list??? (COMTdkgross-11/8/2004
5yeah..pretty scary, pal. How they are legaly allowed to do this is beyond my codkgross-11/5/2004
4,,,,,,,Sorry to hear we have such shady individuals pretending to perform in theM0NEYMADE-11/5/2004
3,,,,,,,AFRD = Shareholders money Poof! Up in smoke...Stay away.M0NEYMADE-11/5/2004
2I'm only starting this board as fair warning. My investment was wiped out indkgross-11/5/2004
1Nice..only 2 days after the RS and 80% value gone already. Down to .04. Shoulddkgross-11/4/2004
 Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):