Genesis Land Development Corp T.GDC

Garfield Mitchell and Mark Mitchell

[Malpeque2]

Are these two brothers?

Anyone know the Mitchells tell them they are playing small ball here with these open market purchases recently of shares and rights ahead of the deadline next Friday.   

$30M at $2.00 for a rights offering when you have been $2.70 for  a while and you just took in 500K shares at that price makes you look really greedy or really dumb.   

In any case we will all just have to play along with this game for a while longer.  

Make sure everyone exercises their rights or sells them by Next Friday deadline to deny these two their shallow scheme.

[pennydredful]

Two  brothers.   Their   scheme  is working   perfectly   for  them  --- the creeping  takeover  keeps   moving   along  . 

[Malpeque2]

Well I got back in with the Mitchell Bros today at $2.18.     Sold my rights for .08 cents a while ago.

[schocor]

well played. i think i will buy in here today as well. i think i might get some shares at 2.10; fingers crossed. inflation is our friend with this stock. 

[Northforce13]

One probability is that they have been supporting the share price through their purchases in order to ensure that everyone exercises their rights. Now that the date for the rights is passed (17th?), we will know whether the above is indeed the reason for their purchases if their purchases do not continue. And if so, it just means they were trying to prop up the share price to ensure everyone

[pennydredful]

Their   preference   would   be    that   nobody   exercise  them   so   they   could  scoop  them  all  up    themselves   using   the  oversubscription   priviledge.     More   FREE