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Granite City Food & Brewery Ltd. Message Board

wawallace 4 posts  |  Last Activity: Mar 28, 2016 10:39 AM Member since: Nov 15, 2006
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  • Reply to

    Legal fraud and thievery!

    by graderboy07 Mar 27, 2016 1:47 PM
    wawallace wawallace Mar 28, 2016 10:39 AM Flag

    They don't sleep at night, friend; the sun is their enemy.

  • Reply to

    My take is that even with the dilution...

    by usma1992 Feb 17, 2016 9:14 AM
    wawallace wawallace Feb 24, 2016 11:04 AM Flag

    Go ahead and keep buying. You're going to be 90% diluted this spring, maybe more depending on the selling pressure from all the panicking sellers who believe reverse splits are some kind of omen.

    In addition, they still haven't ramped up sales and they still haven't gotten a partner in China, and they still don't even have sufficient inventory, or cash to buy inventory, to complete their backlog. The intellectual property is now pledged as collateral, which means that we don't own it anymore, and it was really the last thing of value that shareholders had.

    If you hit a home run here it will not be due to skill, I can assure you of that. The determining factors are still completely unknown, even to management.

    I still own about 500k, which I will have my wife line my coffin with. But I'm not buying any more until there is some level of certainty.

  • Reply to

    R/S effective 02/24/16

    by lwe6638 Feb 23, 2016 10:29 AM
    wawallace wawallace Feb 23, 2016 1:06 PM Flag

    Too lazy to check FINRA site, ambitious enough to pursue legal action. The problem with America in a nutshell.

  • Reply to

    My take is that even with the dilution...

    by usma1992 Feb 17, 2016 9:14 AM
    wawallace wawallace Feb 22, 2016 9:59 AM Flag

    If you guys would read the filings and just do a little networking you would know that this is true. No hedge fund auditor wants 500,000,000 shares at $.0008 on the ledger. It stands out. They don't want us to stand out. Hence, reverse split.

GCFB
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