GSCR - Up 2775%

Yes the stock rose 2775%! In One Day and the worst part is that I watched it rise for most of it from the sidelines. When I put the ticker in my watch list trades were going through at the $.005's and the stock was already up 500%. How many stocks would you buy that have already risen 500% in one day? Well this one kept going and going and going. Sure it dipped along the way but it seemed to go up stronger after each dip. I doubt I'll be able to watch a run like this ever again.

But it should run some more the next few days and be a hot stock. Here is why. The company they are merging with intends to have over $120 million in sales in a few years. Do the math. How many companies with an 85 million share float trade at $.023 with over $100 million in sales?

OTC Bulletin Board: GSCR - News) to Seaway Capital, Inc. ("Seaway Capital"). Seaway Capital, a growth equity and leveraged buyout company, has agreed to assume up to $500,000 in GSCR's legacy debt, and GreenShift shall retain its current assets by transferring GS Carbon's current investments, intellectual properties and R&D operating subsidiaries to GS CleanTech Corporation (OTC Bulletin Board: GSCT - News).Seaway Capital (www.seawaycapital.com) was formed in 2002 as a merchant banking company and controls significant stakes in various companies. Upon the closing of the transaction, Seaway intends to merge into GSCR several of its holdings, including that of WiseBuys Stores, Inc., ("WiseBuys") a big box retail chain it founded in 2003 with former Ames Chairman and CEO, Joe Ettore, and former BJ Wholesale executive, Joe LaChausse. WiseBuys currently has five (5) locations representing approximately 230,000 square feet, and it has partnered with other retailers such as Payless ShoeSource, Inc. and KB Toys to expand rapidly in rural markets in primarily former Ames locations. WiseBuys has generated store revenues of over $35 million since November 2003, and, after a brief pause, is now aggressively seeking growth through acquisitions and new store development.WiseBuys' goal is to add another 30-40 stores over a three year period and achieve annual revenues of about $120 million. Joe LaChausse, WiseBuys' CEO stated, "We feel this critical mass is attainable given the current supply of relatively low cost retail space in rural America. Our initial geographic presence with be New York, Pennsylvania, Vermont, Massachusetts, and Connecticut." WiseBuys' current stores - all in New York State - include Canton, Gouverneur, Hamilton, Pulaski, and Tupper Lake.This reverse acquisition, which is subject to completion of an audit of WiseBuys and is expected to close in June 2007, would have the effect of transferring GreenShift's majority stake in GS Carbon to Seaway Capital, which is seeking additional investments in media, business services, manufacturing, and technology companies.


So worst case you could have bought in at $.001 on Thursday. Say you bought $1,000 worth or 1,000,000 shares. If you held and sold at the close you would have made $24,000. Not a bad profit for one day. I guess it is the reason we all love penny stocks. Some days the sun shines on you and pretty much every other day you get pissed on. But is those few sunny days that you remember.