Dude, you're the one not getting it. This company and your GLEC stock would have been bankrupt long ago and many times over had the GECO operation not been structured the way that it was, thus, you would have no cokes if you decided to greedily hold on to your cokes (or beer as you obviously prefer). Instead, Pete used a portion of the value of the GECO Castleberry operation (my guess is about half, but it may be more or less) to fund the on-going operations and the carbon credit push. Thus, instead of owning shares in a bankrupt penny stock (and no sodas) you now own about half (again, just my guess)of the Castleberry operation and GECO. Now you still have 12 Soda's to enjoy AND the real possibility that Pete holds this together long enough for your 12 soda stash to maybe grow into 100 cans. Do you get it now?
Nothing wrong or illegal about a CEO fighting for the long-term benefit of himself and all the other shareholders, fighting every day for the life of this company (without pay or compensation I might add).
Like I said earlier, if any of you want the opportunity to help our GLEC company by buying some of the remaining "half" of the GECO company (investing) then send me a message and we can talk about possible opportunities. Your direct investment money in GECO will be used primarily for Castleberry operations, etc, obviously to be used at the discretion of company leadership. In exchange for your money ($1,000 to $100,000) you will be issued shares in the privately held company, GECO. This is a great opportunity for individual GLEC shareholders (or anyone else for that matter) to own direct shares in the Castleberry Operation. As a GLEC shareholder you already own a portion of GECO but this is a way to get your hands on as many direct shares of GLEC's primary asset as you can reasonably afford to invest, afterall, this is a penny stock that contains all the risks that the name "penny-stock" implies. However, if you are a GECO believer, or if you just want to help push this company over the last remaining hurdles then this is your opportunity to lend a hand (and possibly make some serious money). Anyone out there reading this post...let me know if you are interested in this rare, but risky, opportunity or let me know if you would like more information or would like to discuss further. No doubt this is a risky investment but the potential chance for a 10+ bagger is definitely out there, something to think about. However, I wouldn't think too long as this opportunity will close as soon as Pete secures the amount of money he feels is needed to crest the top of the compost heap...Maddog out.
P.S. For those of you that still think or imply that the CEO is a huckster, I believe he is offering up his own, earned personal shares of GECO in order to help out our company. Not too many CEOs would do that...
Do your homework - hope is NOT a strategy!
Maddog
