TheFirm
2 days ago
He is not buying them. on the expert market its strictly for market makers. you can SELL but most firms will not allow new positions. WHY? because the last thing they want is a position in a penny (soon to be sub penny) stock that sits on their books for years and accumulates DTC Custody fees and there is really no way to sell the stock (especially once this gets frozen) and then you cant sell, client disappears and monthly custody fees accumulate and client is not sending in any $$ to pay for it. This was actually the basis for Alpines case and fees levied. They had thousands of accounts that were costing them $180k per month,,,hence they did their crazy stuff and the rest is history. Before 'Getthem' yells and screams I don't know what Im talking about (again) when DTC enters a Universal Freeze, you cant even transfer stock out. Don't believe me? fine but since the stock was over $1.80 been telling the truth over and over and over again.
TheFirm
1 week ago
Uhhmmmm. Nope. Let me explain how this works based on first hand experience:
1) Need to have financials completed and certified and reviewed for last 2 years... thats a lot of $$ and time..(i see insiders are selling again)
2) they need to have their latest Quarterly's done (and pay about $200k with money they will have to create)and then...
3) the need to find a Market Making firm willing to file for them and they will request this as well as explanations on revenues or lack there of and explain why they are not a shell company..At this rate with zero revs for years, Compliance is not going to approve easily,
4) The court action Ham is talking about is a shareholder lawsuit and GTII has responded by counter suing...shrewd move. Discovery will keep this interesting
this is dead man walking. Firms will not allow buys of this stock by investors , only MMs are trading it just for quick profits.
Also, you are assuming this new CPA firm is just going to rubber stamp this? Hell no. This will be sent to SEC and States as well for further scrutiny. Time is not on their side. More importantly, new CPA firm may call this a house of cards and they insist restating years of financials. Now go ahead once again and tell me I'm wrong. I would not be totally shocked if PCAOB firm walks rather than sign. they are under SEC microscope now.
TheFirm
2 weeks ago
Im never quiet because i dont have to be. However, you are free to take a home equity line and let it ride on GTII. Your choice. But think about how much money you would have made had you gotten out of this scam when i dissected each and every fake story, pump and dump and more? Think about ti" If you were going to invest in an OTC stock at this point would you go to Ham, Aca, Humming,Stay Hamble, William Ferrand ....or me for advice before you plunked down $10 k???
TheFirm
2 weeks ago
So to recap, GTII is being sued for a variety of misappropriations of funds and stock for non business purposes. They will be calling for a receiver to be appointed since this crew cant be trusted. With this on the horizon they quickly give Luke a boat load of stock and titles because he was not named in the lawsuit, thus he has clean hands (and made them re state the stock they had taken to the tune of 36 million shares) as a way to try and thwart the appointment of a receiver, Bravo. still may not save them from jail but can buy time to get out of dodge. Got to give them credit for trying but they need to self report asap and come up with an investor fund for those damaged, including the firms they accused of NSS their stock when in fact....they created the counterfeit shares for them selves with the help of Ham Humming, Ferrand and Ace...