subtlerise
1 year ago
Market Cap 12,471 11/02/2023
Authorized Shares 400,000,000 05/15/2003
Outstanding Shares 124,708,701 01/09/2004
Restricted Not Available
Unrestricted Not Available
Held at DTC Not Available
Float 23,641,650 05/15/2003
GMDP Historical Summary
Period Open High Low VWAP Avg. Daily Vol Change %
1 Week 0.00 0.00 0.00 0.00 0 0.00 0.0%
1 Month 0.00 0.00 0.00 0.00 0 0.00 0.0%
3 Months 0.0001 0.0001 0.0001 0.0001 200 0.00 0.0%
6 Months 0.000001 0.0001 0.000001 0.0000142 500 0.0001 9,900.0%
1 Year 0.000001 0.0001 0.000001 0.0000103 710 0.0001 9,900.0%
3 Years 0.0001 0.01 0.000001 0.0009711 694,551 0.00 0.0%
5 Years 0.0001 0.01 0.000001 0.0009511 425,869 0.00 0.0%
so is there any hope? imo...a little.....if the o/s amounts are still correct along with the a/s then in 2023 this is now considered very low and if it was trading would be bought up quickly compared to 2003 where it would have been considered bloated....values have changed over the years.
There are entities now looking to acquire dead stocks and/or shells to tidy them up and then resell them similar to companies that buy up used houses,clean them up and resell.The reason for the attraction to do this is its much cheaper than starting from scratch.
Back in 2008 I bought some shares in a company that shortly after did a huge r/s which killed it and I was left with 1 share in my account where it sat until late 2019.Upon checking again found out the o/s & a/s hadn't changed in many years and was then pretty low like this one and slowly began accumulating just based on the low structure.Then rumors began that a company that specialized in acquisitions might be interested.....just that rumor sent the price surging quite a bit and when it came out that it was true...did that thing take off....then the company announced the shell had been sold and the company which bought it was rhe real deal....the term moon shot fits
An issue that could apply here is the infamous and heavily denied naked short still affecting the structure with huge entities not wanting this to ever come back with huge money insuring it doesn't ......all speculation though
There has been a current stock that was briefly on the expert market,came suddenly back to pink current and did it take off
In Sept 2023 the OTC updated some info regarding the Expert market.....OTC has lost approx 25-30% of volume cause of the rules change in late Sept 2021 so likely are motivated to get some of that revenue back
https://blog.otcmarkets.com/2023/09/14/the-expert-market-its-larger-role-post-rule-15c2-11/