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Re: WhatNestEgg post# 12416

Wednesday, 09/28/2016 6:24:27 PM

Wednesday, September 28, 2016 6:24:27 PM

Post# of 13571
GLEC is a publicly traded company. GECO is not publicly traded, GLEC owns roughly half of GECO and private investors own the other half (rough numbers). There is no "problem" with GECO putting up some of their privately held shares in return for a capital infusion. This is done hundreds of times a day in our economy. I can guarantee you that the SEC has zero problem with what is going on here as it is commonplace throughout the global economy.

Please save your conspiracy theories my friend, or better yet, take a couple hours of your precious time to write a very strongly worded letter to the SEC...LOL...that ought to be time well spent!

Relax, nothing nefarious is going on. They are just trying to pay the bills and keep the lights on until they hit it big. Keep hope alive!

Do your homework - hope is NOT a strategy!

Maddog