chumfm
2 weeks ago
Wow,a new calculation in the next 30 days,Where have we heard that before.Let me see,was it 2 years ago? The fact is nothing will ever get done and litigation is a beautiful stall tool.Filing in Singapore has zero effect on the US,they could care less.You read it,Ritz will just claim bankruptcy and that will be that.These fairtale numbers,450 million,give your head a shake.They don't have 450 cents,they already blew their wads on other scams and cheese burgers.Just more excuses for not delivering.Where is the ERL shares?Same BS,just another day.Good luck and good trading.
chumfm
2 months ago
Same old Roger,the rights crap didn't work,and by the way he never exercised his.So Roger is now shifting gears again,more promises and we know what that means.Endless BS is spewed from his mouth,he creates more dilution and your share price keeps dropping,like a stone.Roger Hamilton is not your friend,he looks after himself.Good luck and good trading.
chumfm
3 months ago
Mr.Bambino,you can sell your rights at market (eg. 7 cents ) or you can buy more GNS by using your rights.That price is 50 cent plus one right for each new GNS share you buy.They are dropping the price of GNS to try an get shareholders to sell their rights outright,so they,meaning brokerages can buy the 90 million shares to cover their naked short positions.This was the deal made to get this rights offering in the first place.Mr.Hamilton gets what he wants,the brokerages get what they want and the shareholders get screwed,again.Good luck and good trading.
big bambino
3 months ago
Can someone advise me on a situation of a stock I own. Tried speaking with Merrill and only came away more confused. I have shares in GNS @ $.56. now my portfolio shows GNSRT @$.078. Recent news ( My Total Value: $10,469.00 | Quantity: 19000 View Position Details for GNS Add To Watchlist Select to add fund GNS to watch list Compare Select to compare fund GNS using compare tool Set Alert Select to set an alert for fund GNS Trade Select to trade the fund GNS
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Genius Files Rights Offering to Fund Bitcoin Purchases
January 22, 2025
12:35 PM ETPublished January 22, 2025 12:35 PM Eastern Time
MT Newswires
12:35 PM EST, 01/22/2025 (MT Newswires) -- Genius Group (GNS) said Wednesday it filed a registration statement for up to 90 million subscription rights and an equal amount of shares issuable on the exercise of the rights.
The company said it will distribute one transferable right to buy a share for $0.50 apiece against each ordinary share held to shareholders at no charge.
Net proceeds will be used to buy Bitcoin for the company's Bitcoin Treasury, Genius Group said.
The rights offering expires on Feb. 14, unless extended, according to the company.
Shares of Genius Group were down nearly 6% in recent trading.
Price: 0.64, Change: -0.04, Percent Change: -5.88
MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
Does this mean I can purchase an addtional 19,000 @.50, or cash in the additional shares for .068. Is this correct. Would appreciate any guidance as this is 10x's over my pay grade🤣