GGII has been on a tear the last few weeks and today the rally continued.
Market Action
Green Globe International Inc. (OTCMKTS:GGII) is up 53% as of 1:00 Friday. Shares are trading at .0383 gaining .0133 on the day. Volume is 257 million shares. 5590 trades have taken place. Potential pivot points are .041 and .051 above and .023 and .021 below. GGII hit a new 52-week high today.
So what has investors all excited?
Well, if we take a look at the GGII profile page on OTCmarkets.com we notice the company is listed as dark or defunct and has a stop sign warning investors. That’s usually not great news for a stock but recently traders have been bidding up shares of dark and defunct companies speculating whether they will become current and offer a brighter future.
That seems to be the case with GGII. Shares began to rally shortly before a late April release announcing a change in control and new management. But the stock cooled off for a few days.
Then Bam!! Another big day today, with the stock gapping up and running to new highs.
Although the company didnt make any announcements, we see a whole bunch of new disclosures were uploaded to OTC markets yesterday. It would appear the company is now current with all of its filings. After a review by OTC markets they will probably lose the stop sign on the profile page and move to a current pick sheet status.
Here is a list of the disclosures that were uploaded yesterday.
05/06/2021 Quarterly Report – Disclosure Statement – Pink Basic Disclosure Guidelines 03/31/2021
05/06/2021 Quarterly Report – Financial Statements – Period ended March 31, 2021 03/31/2021
05/06/2021 Annual Report – Disclosure Statement – Pink Basic Disclosure Guidelines 12/31/2020
05/06/2021 Annual Report – Financial Statements – Period Ended December 31, 2020 12/31/2020
05/06/2021 Quarterly Report – Disclosure Statement – Pink Basic Disclosure Guidelines 09/30/2020
05/06/2021 Quarterly Report – Financial Statements – Period ended September 30, 2020 09/30/2020
05/06/2021 Interim Financial Report – Disclosure Statement – Pink Basic Disclosure Guidelines 06/30/2020
05/06/2021 Quarterly Report – Disclosure Statement – Pink Basic Disclosure Guidelines 03/31/2020
05/06/2021 Interim Financial Report – Financial Statements – Period ended June 30, 2020 06/30/2020
05/06/2021 Quarterly Report – Financial Statements – Period ended March 31, 2020 03/31/2020
05/06/2021 Annual Report – Disclosure Statement – Pink Basic Disclosure Guidelines 12/31/2019
05/06/2021 Quarterly Report – Disclosure Statement – Pink Basic Disclosure Guidelines 09/30/2019
05/06/2021 Annual Report – Financial Statements – Period ended December 31, 2019 12/31/2019
05/06/2021 Quarterly Report – Financial Statements – Period ended September 30, 2019 09/30/2019
05/06/2021 Interim Financial Report – Disclosure Statement – Pink Basic Disclosure Guidelines 06/30/2019
05/06/2021 Interim Financial Report – Financial Statements – Period ended June 30, 2019 06/30/2019