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3.9¢ g medical innovations holdings limited

GMVD - NASDAQ IPO, page-509

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Ginger_steps_

1,998 Posts.

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17/11/20

11:41

Post #: 48926333
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Originally posted by oddlogic ↑

SOMEONE reported my previous post and it was banned.

AS I SEE IT. IN MY OPINION ONLY.THIS IS NOT INVESTMENT ADVICE BUT JUST MY OWN PERSONAL PREDICTION ON WHAT WILL OCCUR TO THIS STOCK

There is 1 of 2 possible scenarios I see playing out.

1. Driven by greed management does everything they can to secure the NASDAQ listing. This guarantees them funding and also gives value to their current hundreds of millions of shares held by management.

They would 100% want this to occur as it is the best situation for management and the "GOOD DR"

2. Worst case scenario for management. No NASDAQ listing. However management get to keep a company which they can abandon/sell their loss making assets privately (such as a the prizma device, any stock etc... or IP) and retain control of the Insurance side of the company which generates between 5-12 million revenue per year for them to keep all to themselves.

AS it will indeed be a Cayman Island company with no reason to be accountable to anyone other than themselves DUE TO THE LAWS IN THAT NATION.

So for management its kinda a win/win situation. One scenario is much better than the other, however worst case your left with a company which generates quite a bit of revenue.This would be terrible for stock holders.

A. The shares they own are worthlessB. Cannot claim a capital loss I believe even for tax purposes as the stocks are in limboI am only hopeful only because "THE GOOD DR" is purely motivated by personal greed.In disclosure I have traded this company over the last few years.

Have kept a small parcel of shares as a punt for a massive reward or complete write off. Over the past 3 years I have maintained myself in profitability overall on this stock.

However if the NASDAQ does not go ahead it will lead to me being in the hole a small amount . And a non write off able hole at that.It has been a very good learning experience as far as trading. It taught me a lot about red flags, the psychi of share holders and the ever recurring theme of stockholm syndrome.

I did this once before with another company around 5 or 6 years ago. Just being strung along by junk announcements and "chats" with a CEO.One thing to note, the opinions on this forum mean nothing.

There are people on here whos opinion I respect and then there are others who clearly would scream at you the sky is Purple if someone told them it was.Reality is reality and after a while you cannot give companies the benefit of the doubt anymore.

My 2 favourite quotes I CANT say tyem now. But they were on my previous post before it got removed.

I HOPE THIS POST DOES NOT GET REPORTED.

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Why wouldnt you be able to write off losses if the company doesn’t list? If they officially decide not to list, your shares will no longer be blocked from trading and you could sell them to anyone at any price (off market transfer) - and claim the loss for current or future tax years.

GMV Price at posting: 3.9¢ Sentiment: Buy Disclosure: Held
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GMVD - NASDAQ IPO, page-509

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