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| 655 |
| Tuesday, January 10, 2006, 1:39:13pm |
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Friends be careful about GWGO,
For Month and Month now, they posted a 25% Div.
and every 1 to 2 weeks it is changing.
IMO this company is one of the crookiest
outfit out there.
But do your own D/D.
I hold about 250,000 Shares, but I can't wait to get rit of them.
johann67 |
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 popeye |
| Tuesday, January 10, 2006, 1:42:45pm |
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You are right gerhard. GWGO has made it a practice over the years to issue shares to an unsuspecting public and then squeeze them out. They are only in the busuiness of selling shares and taking care of themselves. Unfortunately this is not against the law. |
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| popeye |
| Tuesday, January 10, 2006, 1:48:51pm |
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GWGO has no cash, no appreciable assets and about $2,000,000 in current liabilities. That is a massive negative net worth. The company has had no sales or revenues. Quite obvious what this company is. |
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| 655 |
| Tuesday, January 10, 2006, 2:02:35pm |
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Quoted from popeye
GWGO has no cash, no appreciable assets and about $2,000,000 in current liabilities. That is a massive negative net worth. The company has had no sales or revenues. Quite obvious what this company is.
yes I know popeye, somehow I got suckered into this one. I hold over 250,000 shares, and hopefully I can sell them without a lose. johann67 |
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| popeye |
| Tuesday, January 10, 2006, 2:44:17pm |
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It happens. Over the years I could tell you some bad investments that I have made. I was only confirming your warning. Good job. |
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| BUDDIEBuddie |
| Thursday, March 16, 2006, 7:23:19pm |
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Welll...Am glad I bought and sold out of this one.  Now I got CNES and a couple of others...Am waiting to exit and NOT get suckered in for that magic "Penny coming" stuff.  Greed gets you anytime! Just got the okay today to enter the "Paid Pumps" site. -- I'll behanve.   Buddie |
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| popeye |
| Wednesday, May 10, 2006, 7:52:52am |
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GWGOE.
There is nothing here but billions of shares.
Total assets---------$124,259
Current liabilities--$1,951,285
This means that the company owes over 15 1/2 times what the entire company is worth and it is all due in the current year.
For the past four months the company has been issuing about 15 BILLION shares per month and still cannot keep up with their expenses. The company had 77,603,885,906 outstanding shares on 4-6-06. Now they must have at least 92 BILLION. I don't understand who could possible invest a dime in this company when there are very good precious metal companies to invest in.
Last reporting quarter the company lost $790,494.00
A 1 for 10,000 reverse split would still leave the company with about 10,000,000 O/S. How long do you believe be before a reverse split takes place?
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