GREY:GYPHQ - Post by User
Post by
red911on Feb 05, 2013 9:35am
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Post# 20939370
Trade Data...
Trade Data... I would like to see this PUBLIC company care more about its stock price. Imagine if we were still at 20 cents last week and could have gone to the market for another $4M via issuing 20M shares (10% dilution) instead of JVing a 60% interest. Even 40M for $8M would have probably done the trick if they are about to pull off what this JV would require them to pull off over the next 6 months.
"We are focused on operations" they would say... How's that working for you now? A PUBLIC company who needs money to exist should always be aware of how its shares are being treated in the public market. If they are not being respected (as I would argue GGNs have not) do something about it. IMO GGN is the one who should hire a lawyer to investigate manipulation of their stock price over the past 2 years.