GiveMePower Corp. (OTCMKTS: GMPW) is rocketing up the charts up over 300% in the first hour of trading on Friday after the Caveat Emptor CE (Skull & Crossbones) designation was removed by OTCMarkets opening the stock up to US buyers as the Company is once again compliant and able to issue press releases. GMPW was a massive runner in 2021 skyrocketing to highs of $1.93 per share. Notably GMPW has the same share structure right now as it did at $1.93.
Currently GMPW is trading at a $5.6 million market valuation based on a total OS of 43,792,804 shares outstanding half of which are restricted leaving a float of just 18,894,381 shares. GMPW has an enormous base of investors behind it and lots of liquidity now that its pink current. The Company is an SEC filer and eligible to uplist to OTCQB. They filed their 10k on April 18 showing the Company is virtually debt free. We will be updating on GMPW when more details emerge so make sure you are subscribed to newsytrends.com by entering your email below.
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GiveMePower Corp. (OTCMKTS: GMPW) operates and manages a portfolio of real estate and financial services assets and operations to empower black persons in the United States through financial tools and resources. Givemepower is primarily focused on: (1) creating and empowering local black businesses in urban America; and (2) creating real estate properties and businesses in opportunity zones and other distressed neighborhood across America.
Last time the Company released a press release was on April 21, 2022 when they hired Maxim Group LLC, a leading full-service investment banking, securities and wealth management firm, to provide strategic advisory and investment banking services for the Company’s 2021-2023 corporate initiative roadmap.
Continuing on last year’s progress, the Company is moving to become a financial technology company (FINTEC) business that comprises of (1) one-to-four branch federally licensed bank in each jurisdiction, (2) a machine learning (ML) and artificial intelligence (AI) enabled loan and insurance underwriting platform, (3) blockchain-powered transaction processing and payment systems, (4) cryptocurrency transaction processing platform, and (5) emerging cryptocurrency opportunities portfolio; giving access to the unbanked, underserved residents of majorly black communities across the United States.
Frank I Igwealor concluded with, “2021 was a transformative year; we cemented our position in real estate business and launched our Entrepreneurship Development Initiative, helping save more than 26 abandoned shells that are being redeployed through the hands of passionate entrepreneurs to visions and financial goals and build shareholders’ value. Our EDI changed the life of many entrepreneurs and shareholders. By delivering to the market place a shareholders’ protecting platform, we have laid a foundation which we can build upon as the number of issuers and retail investors are aware of the new path to success in the sometimes illiquid micro-cap market.”
$GMPW I have no words. CE is removed!! pic.twitter.com/4NNLWg4HEe
— Canadian Jennifer 🇨🇦 (@cdntradegrljenn) May 12, 2023
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Bittrex, which had previously announced the closure of its U.S. operations, has now filed for Chapter 11 bankruptcy protection, making it the latest casualty of the cryptocurrency industry's downturn. READ MORE@ $GMPW $SI $MARA $RIOT https://t.co/N9dGYoibvQ
— GiveMePower (@GiveMePower5) May 10, 2023
Company history: GiveMePower Corporation, a Nevada corporation, was incorporated on June 7, 2001 to sell software geared to end users and developers involved in the design, manufacture, and construction of engineered products located in Canada and the United States.
On December 31, 2019, IVS, the then custodian and control person of GiveMePower Corporation sold one Special 2019 series A preferred share for $38,000 to Goldstein Franklin, Inc. a California corporation, controlled by Frank I Igwealor. One Series A Share is convertible to 100,000,000 shares of common stocks at any time. The Series A Share also provided with 60% voting rights of the PubCo. On the same day, Goldstein sold one-member unit of Alpharidge Capital, LLC, California limited liability corporation, representing 100% member owner of Alpharidge to the PubCo. As a result, Alpharidge become a wholly owned subsidiary of PubCo until December 30, 2021 when the Company sold Alpharidge Capital LLC to Kid Castle Educational Corporation, a subsidiary of Video River Networks, Inc. As a result, Alpharidge become a wholly owned subsidiary of PubCo until December 30, 2021 when the Company sold Alpharidge Capital LLC to Kid Castle Educational Corporation, a subsidiary of Video River Networks, Inc. both of which are publicly traded companies with ticker symbols KDCE and NIHK respectively.
$GMPW 0.0316 After 4 years they managed to eliminate that damn ☠️..
We have a Runner Folks!! 🔥 pic.twitter.com/S4fmS6ATBH— Giangy (@7219Giangy) May 12, 2023
We have something big Coming!
Currently trading at a $5.6 million market valuation based on a total OS of 43,792,804 shares outstanding half of which are restricted leaving a float of just 18,894,381 shares. GMPW has an enormous base of investors behind it and lots of liquidity now that its pink current. The Company is an SEC filer and eligible to uplist to OTCQB. They filed their 10k on April 18 showing the Company is virtually debt free. GMPW is led by its CEO and controlling shareholder Frank Igwealor a CPA-JD-MBA professional with vast experience and expertise in areas of (1) Capital Management, Business-Management, Turnarounds /Rationalization, Risk-Management, Finance, Accounting, Cost/Organizational/Operational-efficiencies, Tax-Planning, and Financial/Tax-Audits. The Company has remained very active on twitter. We will be updating on GMPW when more details emerge so make sure you are subscribed to newsytrends.com by entering your email below.
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Disclosure: we hold no position in GMPW either long or short and we have not been compensated for this article.