Gold Entertainment Group Inc (PK) (GEGP) Quote

" Cathy Julian, Chief Financial Officer and Director

Cathy Julian is a CPA and has managed a series of family owned businesses in the medical device space for over 10 years. She is the spouse of Mark Julian and both arranged the acquisition of Devon Ortho, now Innovative Solutions LLC, in December 2002. She joined the board of Directors and serves a the company CFO since that time. "

also In the 1A filing cathy julian also holds 3.5 b shares and it also says she and mark arranged the aquisition of devon ortho ( now innovative solutions llc) does this means ortho is now innovative solutions or am I reading that wrong????? GEGP$$$$

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174800826 . 19 employees presntly with more hiring forthcoming. At .0001 x .0002 , this could be an opportunity of a decade, imo

Hopefully Mr Fytton has things lined up and the future targets (and potential investors) in the orthopedics space will surpass the fund raising targets of the offering.

Sure seems prime for companies beyond just Devon to reverse merge through GEGP to go public and build a conglomerate in the space. That’s what seemed to be happening with the switch from Entertainment to Enterprise move, maybe it’s more streamlined in the original configuration of Gold Entertainment. Freshening the social media in combination with the current filings would sure make a difference.

Fingers crossed 🤞

Spent over 3 hours last night reading articles about orthopedics . Very enlightening. Big industry and big growth projection. Go GEGP.

Great news ,things ara rapidly progressing, and the keep in mind use of proceeds :).."Orthopedics is the most prevalent, most expensive, and fastest-growing categories in US healthcare." PLUS the Pres. Hamon Fytton track record of sharehlder value , stocks going to dollars. Bullish

I like and agree with that perspective, thanks for sharing

I agree.

I think the key is the way the shares are being sold. Typically penny stocks would just raise the O/S and dump the shares in the market to make some quick cash for themselves, those are the typical penny pump and dumps. This seems more strategic and looking for actual partners that will not be buying these shares to dump them immediately. Especially because they are paying .00015 and not .000001 like typical pennies at this level.

Like everyone else I'm still frustrated with how long this has all been taking but I'm still here and believe we'll be rewarded in the future.

GEGP

Really hoping there’s news soon. A best case scenario is that there are investors lined up and this moves fast. A successful $1 million capital raise to possibly add Devon employees (thanks for spotting that Appie) and expansion in the medical field doesn’t seem like much in todays financial environment, but there could be other things in play.

The nerves kick in when a .0001 stock pushes toward the max of 25,000,000,000 shares, seen a lot of penny stocks that don’t survive very well in that structure. Unfortunately long time investors get the short end of the stick, hopefully Mr Fytton has the integrity to take that into account he’s been doing this a long time

My opinions only …

Nice trades GEGP$$$

Wow ! Rather than having read a cursory reading of the A-1, I just reread the entirety of it. Very impressed of it's length, scope, detail and clarity. Again, very impressed. Also, appie, thanks for pointing out "Employees:
'Currently, the company has 19 full time employees in the various healthcare operations.' The company may hire an additional number of employees as needed after effectiveness of this offering primarily to support our acquisition and development efforts." Your post led me to the insightful and explanative 2nd read. Thank you, appie

From A-1 " Growth Strategy:

The Company will expand its healthcare operations upon completion of this offering, and following a successful capital raise. The timing of commencement of expanding operations may be influenced by our relative success of this offering. We may not raise sufficient proceeds through this offering in order to fully execute our business plans."

I hope so if you see the A1 filing gegp has 19 fulltime employees they all must be working at devon ortho imo thats the only company owned by gegp. It looks good imo GEGP$$$$

With all of the time and work bringing up to date filings, change to Wyoming, name change, Devon, website signaling, atty letter, etc, etc, I suspect Hamon has a grand plan for GEGP and is actively pursuing it and this 1-A is a positive development. imo

you are correct on the number- here is part of the filing:


Our Articles of Incorporation authorize the issuance of 25,000,000,000 shares of Common Stock; up to 5,000,000 shares of Preferred Stock. As of July 15, 2024, the Company has 16,812,001,513 shares of Common Stock, and As of the date of this offering, there are 2,000,000 PREFERRED SERIES A (super voting only) and 322,000 PREFERRED SERIES B (convertible) shares have been issued and outstanding. If we sell the entire 4,000,000,000 shares of Common Stock in this Offering, we will have 20,812,001,513 shares of Common Stock issued and outstanding. Accordingly, we may issue additional shares of Common Stock at a later date to employees or for services. The future issuance of common stock may result in substantial dilution in the percentage of our common stock held by our then existing shareholders. We may value any common stock issued in the future on an arbitrary basis. The issuance of common stock for future services or acquisitions or other corporate actions may have the effect of diluting the value of the shares held by our investors, and might have an adverse effect on any trading market for our common stock.

I think it's actually 4,000,000,000 being offered at .00015.

The other 3,000,000,000 are not dilutive because they are already in the O/S. Seems like one of the controlling shareholders is most of their stake.

GEGP

per Investopedia " Types of Secondary Offerings
Secondary offerings come in two different forms. The first is a non-dilutive offering while the other is referred to as a dilutive secondary offering. We've outlined the differences between each below.
Non-Dilutive Secondary Offerings
A non-dilutive secondary offering does not dilute shares held by existing shareholders because no new shares are created. The issuing company might not benefit at all because the shares are offered for sale by private shareholders, such as directors or other insiders, such as company insiders or venture capitalists, who want to diversify their holdings.

The increase in available shares allows more institutions to take non-trivial positions in the issuing company, which may benefit the trading liquidity of the issuing company's shares. This kind of secondary offering is common in the years following an IPO, after the termination of the lock-up period.
1

Dilutive Secondary Offerings
A dilutive secondary offering is also known as a subsequent offering or follow-on public offering (FPO). This offering occurs when a company itself creates and places new shares onto the market, thus diluting existing shares. This offering happens when a company's board of directors agrees to increase the share float to sell more equity.

When the number of outstanding shares increases, this causes the dilution of earnings per share (EPS). The resulting influx of cash helps the company achieve its longer-term goals, or it can be used to pay off debt or finance expansion. This may not be positive for the shorter-term horizons of certain shareholders."

Attorney letter out GEGP$$$$

I’d like to be wrong but it looks like they are asking for investors to buy into (possible/probable) dilution with the promise of using the proceeds to acquire future additions? Unless there’s going to be some marketing blitz beyond caught up filings over the past couple of years, what would be the compelling argument to buy into an entity that’s been dormant and has had zero communication for so long?

Why not partner with the relationships already in existence (the Julian’s, etc)? Hopefully a better explanation is coming … the form is a lot of legal wrangling unless there’s something else (hoping bigger) coming.

offering price .0001-- not good ----
shares offered 7,000,000,000

Thoughts ?

Form 1-A filed GEGP$$$$

I know thanks GEGP$$$

Thanks Appie. BTW in my post I meant I might be wrong about remembering that, not you 🙂

Thanks, appie.

If you google devon orthopedics exlite holdings you see Trellis Law. Case devon orthopedics vs exlites holdings filed june 23 2023 latest update june 07 2024 GEGP$$$$

Definitely agree. I think Appie pointed out (could be wrong) that the legal issues with Devon are with Exhi … once that gets resolved we should take off as that’s a good tangible asset to get the ball rolling

Not if, but when it runs, it is really going to run., imo

Thank you for that post, spot on.


GEGP

GEGP methodiccally doing the filings and no pump , just taking care of business. Confirmed in latest ANNUAL REPORT filing, GEGP is invloved in the "Distribution of orthopedic products, through Devon Orthopedic Implants llc. There is no Legal proceedings listed either.
Orthopedics is the most prevalent, most expensive, and fastest-growing categories in US healthcare. VERY BULLISH.

Hamon has a heck of a big stake in GEGP. Can't wait to see a PR. From Annual Report : shares owned : " Hamon Francis
Fytton
President/Director... 3,309,500,000 Common 34.4% "

A .31 cent sale. Come on, man.

I have a feeling that Hanis T and Stevec (sp) will be dropping by soon, which will be most welcome.

maybe a name change from devon ortho to specialized home medical services a companie owned by fytton(see francis fytton linkedin)???????GEGP$$$$$

We’ve been caught up before, probably only news will bring new eyes and new investors. That’s why I’ve been hoping for the easier communication things like an updated website, a newsletter, etc

Keep hoping …

At this pps, any experienced trader who does DD should find this stock, with a high probability of running. imo. I mean, for crying out loud .0001 x .0002 . No brainer with all filings, etc.

37 mil on the ask at .0002

Be great if those legalities around Devon were solved … there’s been some volume the last couple of days. Hopeful

Devon orthopedics website is down?????? GEGP$$$$$$

Not sure, but I think, if so, it will be mere formality, imo

Agree - do you think another attorney letter is due for the 2nd iteration of the annual? That’s all I can think keeping this from Pink current

Believe all filings from all years to present complete. imo

I agree.

Of course he is still reading this board!

GEGP$$$

Mr Fytton - if still reading the board how about a continuation of utilizing the website to house information more current than 2017? A profile on Cathy Julian and/or other board members? A newsletter that doesn’t give anything away about what could show up in a PR but a connection with investors? Assume there’s going to be another attorney letter for the second update annual update, would be great timing to have a useful communication resource above and beyond the filings on the otcmarket. Let us know we matter.

Soon..... Bada Bing, Bada Boom !🤑

👍️👍️👍️

This will be Fyttons Magnum Opus.

Another year end amended (#2) as of 7/10, didnt look through it for the change. Maybe we’re getting closer to some kind of news?