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Global Cobalt Corp GLBCF

Metals & Mining Industrial Metals & Minerals
Global Cobalt Corp is an exploration stage company. Its projects are Altai Sister Properties, and The Iron Creek Cobalt-Copper Project.


GREY:GLBCF - Post by User

Global Cobalt Corp > News !!
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Comment by crassus02on Nov 21, 2014 2:43pm
230 Views
Post# 23153175

RE:RE:News !!

RE:RE:News !!U need 2 understand the term "gypsy swap" as it relates to yesterday and todays PP news.

DEFINITION OF 'GYPSY SWAP'

A method in which a company may raise capital without issuing additional debt or holding a secondary public offering. Gypsy swaps consist of multiple transactions, with the ultimate result being an increase in capital for the business. By convincing existing shareholders to trade in common shares for restricted shares, the business can then sell the common shares to new investors, thus increasing capital.

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