Golden Goliath Resources Ltd V.GNG

Shareholders here have till tomorrow to sell................

[ggrellette]

thier shares before they losse 14+% of their shares on the Reverse Stock Split. Not only a loss of shares which is the multiplier but depending where your Cost Average is it could even be much worse. Those who bought at 1.5 cents will break even or make a few bucks depending how high it will go once the consolidation is done which will be done on Monday before the opening. So lets say for arguement sake and easy math you own 70,000 shares bought at 5 cents for a total cost before commission would be $3500.00 and after consolidation(1 for 7) you now have 10,000 shares left at 10.5 cents which is $1050.00 subtract your initial investment without commission leaves you negative $2,450.00. Therefore the % loss is actually greater then 14+%. So lets say the stock decreases which it will because they have nothing of value that will drive it higher. They need cash so A PP will be issue at probably 5 cents maybe 7 cents. So your 10,000 shares at 5 cents is now worth only $500.00 less commission. Now down approximately $3000.00 what a loss for sure and more shares then 70,000 is real pain. Sadly no fun going through share consolidation no matter what the CEO gives as an excuse or what they elude to as beneficial for shareholders. No matter how you slice it, it is disasterous for shareholders.

[Smiles62]

And the CEO knows this months ahead of ime before announcing it to the public. You believe all of a sudden he woke up and said ok let's split this at 1 to 7? No, he met with financiers and they dictate how it's going to work. They always get rid of the existing SH, the legal and only way is split. How we got here is our CEO, lied about the real prospect of every project. The sad part is he

[ggrellette]

es smiles62 karma can be a great equalizer. Sadly they just issue themselves more options to replace what they gave away through consolidation so that karma will not materialize but there are other ways that have no return. 

[woodwise]

Pushed your shopping cart far enough to find another 0.02 cent stock. LOL, why aren't you on Wall St. ha, ha, ha.

[ggrellette]

Ah the resident basher who owns very little of any stock because he gets paid to pump so they can dump. Following me around with your shopping cart full of losers like CFX hahahahahahaha you remind me of a song "splish splash you are taking a bath" hahahahhahaha could not happen to a nicer fellow.