There seems to be more serious investor interest in the stock considering another $700K was raised. This is a very good sign for GGX. Good luck to those investors with some serious cash that approached GGX for the extra placement.
As for share dilution, this will not matter too much when our stock soon increases in momentum. As an investor (and not a trader or gambler) I think a 100% - 1000% return over next 12 months is extremely good. Actually a fantastic return. This is what I am expecting with GGX.
Also, what a tightly held stock!!! If I wanted to buy another million shares on the market today, the stock would probably rise to 6.5 cents. If I wanted to buy say 2 million, the shares would probably spike to 10-12 cents. So this is an interesting scenario. The actual current SP is not a very accurate share valuation. The only reason the SP is at current levels is due to low term holders/traders expecting fast gains and gambling with their money. In the long term, investors always outperform traders. But good luck to them trying. I'm happy when all make money. As soon as some solid announcements arrive the SP will gain momentum. And that will begin soon. Talk soon in a few days.
GGX Price at posting:
4.6¢ Sentiment: Hold Disclosure: Held