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Any update? Will anything happen in 2014 for the shareholders?
My god do people still believe in this stock after all this time.
made back all my losses in GSI in 4 trading days buying marijuanna stocks ..go figure!! :)
as time passes the answer becomes clearer...SWINDLERS - imo
Anyone in the MaryJane stocks? PHOT. In particular?
Sometimes....how would one explain wintergreen ventures attempting to do the same thing of buying healtcare receivibles? Principles meuse, slaton and engle. Seems like they used what're ever momentum was started with gsi and started with a new name under the guise of wintergreen. Where is our stake in this? What about the hyperbaric business? Did they dupe gsi to fund these ventures? Jersey mentioned they would be capatilized by now and merge in...personally I don't see this happening from all past lies. Who could possibly do business with these people?
Gill shafted shareholders while legally responsible, why would anyone expect him to care about former GSI Securitization, Inc. shareholders now that the company has become defunct along with any legal responsibilities? I guess some folks are eternal optimists (I try to be) but at some point one must face the reality of the situation presented by the facts - imo
Ok It's the New Year! When are we going to hear from this company? The Principles have been incorporating numerous companies..Is this with GSI Shareholders in mind or Trickery to funnel funds away from us? Are there any Maryjane stocks anyone can guide me too?
Double,
I hate to be vague, both because I don't want to disclose too much of what I understand is happening and because I'm not totally clear as to what the nature of the revenue will be, but my impression is that the source of revenue will be not tangible goods, but will instead be the medical services related to their operation.
Jersey, a bit confused. Is it my understanding that gsi is now selling tangible products, hyperbaric chambers? There has been previous mentions that gsi is purchasing receivibles. Which is it? Or is it both?
jerseyboy
We invested in some of the same Stocks a long time ago. I have given my almost 300,000 shares in this Company to my girlfriend. Owning 10 % of $ 100 million is something but owning 10 % of for instance $ 35 million is not much. To me the implication of what you Write seems to be that what Gil has achieved over the years has very little value.
Double,
You do a good job on keeping up with the company, and know more than probably anyone else here. To address your points, Gil keeps trying because GSI is the vehicle through which he desires to leave a legacy to his grandchildren, and that is why, besides his irrepressibly optimistic nature which frequently causes him to make overly optimistic statements which haven't historically panned out, he continues to devote his life to its development.
Without divulging too many details, hyperbaric is the niche which offers the best potential for GSI's development, and from what I am told very recently, its development is moving along well, with agreements related to its funding in process, which will lead to the acquisition of significant assets in that industry along with the requisite management talent to properly deploy them.
After that happens, a shell will be acquired to take the new company public, and the old GSI will be merged in with it. Of course, the question is "what piece of the new company will the old GSI shareholders receive"? As always, with the Golden Rule of Business (they that have the gold rule), the funders and related outside parties will get the lion's share, and the current shareholders will be left with a minority position.
Obviously, as Gil and Sally have the largest percentages of the shares of the old GSI, they will want to maximize that position, and despite Gil's frequent vilification on this board, he feels bad for all the shareholders and their losses and wants to make things as right as possible for them, and the people involved with funding the company understand that and are to some degree sympathetic with that desire. However, they are also businessmen, and although I have absolutely no idea as to what that minority position might be, I would say that in excess of 10 percent of the new company's shares would be a major coup for us.
Well he aint going to heaven - that's for damn sure!!!
Yeah...BUT Gil cannot cheat the Grim Reaper whose cold hand is reaching out to grab hold him for keeps... forever and ever! BWA HAHAHAHA
From what I heard on how we originally got de-listed Gil is the biggest scum bag in the world. Instead of going to the greys were we could have all got out some of our loss he delisted us voluntarily to avoid and sec investigation.
He fucked us over so many times - scumbag!!!!!!!!!!!!!!
Just like to believe there is good in people.
Boy DE, you've kept up on Gil way beyond my due diligence. As you stated, why he is even still trying is a great question.
Hope you are well!
Ski I feel that if that we're the case jersey would have mentioned that. I don't understand why gil and sally have been spending energy on hyperbaric chambers now. Since delisting there has been a pattern of incorporating companies that end up dissolving..that have nothing to do with GSI. The two most recently are cedar creek hyperbaric and wintergreen. Possibly there could be a link with wintergreen and barry Meuse but the hyperbaric company how does this help. I just feel Gil is a few years from assisted living so I wonder why he is even still trying.
Jersey has not posted here in about three months....he probably realized that Gil strung him along.
Company is dead. It's over. Gil is a scumbag.
Jersey, 4th quarter half over is the company on pace to meet your projections/guesstimate?
Appears ownership have placed their time and energy towards hyperbaric chambers. Not gsi!
Appears ownership have placed their time and energy towards hyperbaric chambers. Not gsi!
I guess many of us placed our trust in Jersey's optimistic updates.
For those that need reminding. After 2013 comes 2014. After that comes 2015.
Sally Engel has been busy. However, I don't see how this helps shareholders or how it relates to gsi.
1.) incorporated crystal creek hyperbaric systems, inc, only later to incorporate it with a different name later to Cedar Creek Hyperbariac.
2..) incorporated Wintergreen Ventures.
3. ) who is Barry Meuse? And his son Joeseph. Apparently they were in the mix with CMKX .
What is " cedar creek hyperbaric". And who is Barry Meuse?
whatever.. I'm cashing my GSII shares or GSI or whatever shares for some of those new polar bear silver dollars. You can cry evil all you want...but Silver Polar bears are beautiful.
Great news there will be a new company this coming up quarter! Can we expect a press release? Do they know how to get and change my shares?
constitutes a type of deal with the Devil and ultimately an evil
Stoc, truer words have never been spoken here. The shenanigans that Gil has perpetuated over the past several years certainly entitles him to that description...EVIL, plain and simple.
Jerseyboy, I am re-posting what I posted in April. I do believe as I believed then, that the loss of capital we have all suffered is grave enough and that for the sake of all Gil's shareholders going forward and given the multi-year history of reinstatement promises, I believe this question has merit enough for an answer. It may be that to continue on, as we are and absent any measureable prospect of any change or clear path, constitutes a type of deal with the Devil and ultimately an evil.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86442104
I am reposting below what I posted when I posted last in July, as the situation has not changed. The company still exists, and Gil and external parties are working hard to achieve the company's objectives. I expect that capitalization of the new company will occur within the remainder of this calendar year.
The company is progressing slowly, and is buying receivables as it gets funding, which has happened to a certain extent over the past six months. There is no shortage of projects to be funded, and the company will develop at the speed at which capital is received and those projects can be converted into purchased receivables. Gil is cognizant of the shareholders' pain, and will do his best to ensure that the GSI shareholders will get as big a piece of the pie as possible as the new company is set up and capitalized, with the obvious constraint being that the people who provide the company with funding will want the lion's share of the company.
It's over!!!!!!!!!!!!!!!!!
If this company intends to get trading a good entry point would be to coincide with the implantation of affordable care act. If they miss this timeframe I would say that these folks are extremely incompetent and or are living out their lives in assisted living facilities.
Guess everyone has finally given up for good and left. Smart move.
Gil and Sally dumped shares on everyone. The whole thing was a huge scam. Why do you think they voluntarily delisted themselves.
We didn't even get a chance to get out on the greys. Just never traded again because they are huge pos scammers.
Can't believe jersey is still working with these criminals.
Jersey has all the reason to believe..jersey is getting the same spew from the leaders of this company. I just don't understand why Engle would say back in July of 2012 that we would be trading at the beginning of the year. The year is more than half over. It,s the same stuff with gil back in the day with his press release on wall st.net that the financials would be compliant shortly..still waiting on that. Why all the lies with 2 largest shareholders of this company. Apparently, they have purchased receivibles..but under what business? How does anyone know how to find them. Who's pocketing the money. Where did the initial money go from going public in the first place? Did gil or sally ever sell shares?
Jersey has all the reason to believe..jersey is getting the same spew from the leaders of this company. I just don't understand why Engle would say back in July of 2012 that we would be trading at the beginning of the year. The year is more than half over. It,s the same stuff with gil back in the day with his press release on wall st.net that the financials would be compliant shortly..still waiting on that. Why all the lies with 2 largest shareholders of this company. Apparently, they have purchased receivibles..but under what business? How does anyone know how to find them. Who's pocketing the money. Where did the initial money go from going public in the first place? Did gil or sally ever sell shares?
No response - guess you finally get it - Gil is a HUGE POS and has led you on for all these years. At least he screwed the rest of us 5-6 years ago - but he is still screwing you over now!
What an old pos ass!
Jersey. We will never trade again. Give it up man.
Gil is a huge pos!!!!!!!!
Is GSI SECURITIZATION as we new it operating under a different name? Or is it still operating under gi securitization? jersey can you answer this simple question? I bring this up because as mentioned they have bought recievibles since delisting so who are they operating as now?
Txs for hangin in there jersey. It appears old Gil has those alligator arms. Kind of petty of him not to pay your expenses for travel. But then again your a very charitable individual. I guess gil only knows how to pay for services with shares. Thanks for all you did and or doing.
So investors who funded Gil's previous business will receive a pat on the back and fractional shares of the new company... with the opportunity to invest MORE $$$ into Gil's new & improved business model???!!! How soon can we give more of our hard-earned money to this magnificent, caring businessman???!!! Can't wait for the PR pumps to begin again!!!
Thanks for the update Jersey....we still have a pulse!
And yes, double, he has been left uncompensated. Actually, I probably am owed about $1,000 for the several trips I have made down to my old home state to see Gil over the past five years for which I never submitted expense reports for reimbursement. I do expect to receive compensation for my efforts in the form of shares of the new company when the happy day arrives that the new company is set up and trading. And no, I don't know the time frame under which that happy day will eventuate, but it is being worked toward.
Jersey is still here and is not going away. The company is progressing slowly, and is buying receivables as it gets funding, which has happened to a certain extent over the past six months. There is no shortage of projects to be funded, and the company will develop at the speed at which capital is received and those projects can be converted into purchased receivables. Gil is cognizant of the shareholders' pain, and will do his best to ensure that the GSI shareholders will get as big a piece of the pie as possible as the new company is set up and capitalized, with the obvious constraint being that the people who provide the company with funding will want the lion's share of the company.
Gil stalled long enough for statute-of-limitations to expire... I doubt you will be hearing from Jersey again... but either way, you cannot sue Gil for robbing GSI Securitization shareholders now that over five years has past since the crime was committed. IMO
Is there even a company? A mailing address? A po box? An email account? A fax machine? A telephone number? How can this company even be a business without these basic elementary needs? There is a website that leads to dead ends and is only functioning because they must have done a ten yr renewal on the domain. It hasn't, been updated since 2006. Every company today that has a product or service can be contacted.
The fact of this appears these old dogs have retired . Everyone associated with these cast of characters are in their 70's. I don't blame them but at least they should have the decency to tell Jersey.
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PRINCETON, N.J. -- July 15, 2008 -- “GSI Securitization, Inc. (“GSI”) (PinkSheets: GSII) announced today that it intends to seek to once more have its common stock listed for quotation on the Over-the-Counter Bulletin Board (“OTCBB”). In order to achieve this goal, GSI will be preparing and filing a Form 10 with the Securities and Exchange Commission, which will restore GSI’s status as a “fully reporting” company under the Securities Exchange Act of 1934. Once the Form 10 becomes effective, GSI will become eligible to once again have its stock quoted on the OTCBB. This step follows GSI’s settlement of an SEC proceeding for failing to file timely periodic reports. The settlement involved GSI agreeing to revoke its prior ’34 Act registration.” |
GSI Securitization Inc.
Symbol: GSII.PK
GSI Website Link:
http://www.gsisecuritization.com/index.html
http://en.wikipedia.org/wiki/Life_Insurance_Securitization
Share Structure:
Auth. 250M
O/S 106 million
Restricted 33,002,167
Last confirmed 6/18/2008
T/A: Compushare Trust Co., Golden, CO - 303-262-0889
Office: Headquarters
GSI Healthcare Finance
GSI Securitization Inc.
502 Carnegie Center - Suite 103
Princeton, New Jersey 08540
Phone:609-987-8080
FAX: 732-432-7906
Email: finance@gsisecuritization.com
Midwest Office:
GSI HealthcareFinance
GSI Securitization
58 Williamsburg Road
Evanston, IL 60203
Phone: 847-679-5076
FAX: 847-679-2292
Excellent Summary of GSII's Business:
GSI Sees Long-Term Growth Opportunity in $2 Trillion Healthcare Market Growing at 8.6% Yearly
http://studio-5.financialcontent.com/mcclatchy?Account=sacbee&GUID=2504322&Page=MediaViewer&Ticker=GSIEF
Suggested Reading:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=23520832
http://investorshub.advfn.com/boards/read_msg.asp?message_id=23041862
NEWS: http://studio-5.financialcontent.com/mcclatchy?Account=sacbee&Page=news&Ticker=GSIEF&ChannelType=PRESSRELEASES
Articles on Medical Receivables
November 1, 2007
(this actually mentions Medicredit inc. who is partnered with GSi)
Factoring Health Care Receivables: Just What the Doctor Ordered
Benefits to Financing Health Care A/Rs
Another article on A/R’s. This also mentions medicredit, inc. and some of GSi’s competitors in the business.
Gsi NEWS for 2007- 2008
March 11, 2008
GSI Securitization Inc. Stockholder Letter
Feb 25, 2008
GSI Securitization Inc. Engages EricDavid & Sons, Inc. to Initiate Aggressive Investor Awareness Program
Nov 15, 2007
GSI Securitization Business Activity Update
November 05, 2007
GSI Securitization Business Activity Update
October 18, 2007
GSI Securitization Announces Symbol Change
September 17, 2007
Fund Manager Joins Board of GSI Securitization Inc.
September 12, 2007
New Business Development of Multi-Hospital Project
GSI Securitization Inc. Chairman Comments on Domicile Change ...
September 10, 2007
GSI Securitization Completes Merger and Domicile Transfer
July 23, 2007
GSIEF Chairman Updates Shareholders
July 06, 2007
Consultants Seek to Join the Growth and Remuneration Available Through the GSI & MediCredit Joint Venture Business Model
Compounding Growth Potential With Funding New Business Developments Capitalizing GSI, Medicredit Joint Venture Proficiencies
July 02, 2007
GSI Elects Stockholder Dr. Steven J. Phillips to Board
GSI Sees Long-Term Growth Opportunity in $2 Trillion Healthcare Market Growing at 8.6% Yearly
June 26, 2007
Large Southwest Hospital Has Initialed the First Stage of Its Receivable Agreement
June 25, 2007
GSI Announces the Second Phase for a Large Southwest Hospital
June 21, 2007
GSI Securitization and MediCredit, Inc. Enter into Definitive Agreement
May 30, 2007
GSI Securitization Executes Second Step in Process to Secure Receivables From Joint Venture Partner
May 16, 2007
GSI Securitization Executes a Revenue Generating Strategic Alliance With MediCredit, Inc.
May 04, 2007
GSI Securitization Executes Agreement to Purchase the Outstanding Accounts Receivable From a Large Medical Group Associated With Several Hospitals in the Southwest
April 17, 2007
GSI Securitization Executes Sell-and-Purchase Agreement With Hospital
January 23, 2007
GSI Securitization Forms a Strategic Relationship with Silar Advisors, LP to Fund Asset-Backed Healthcare, Medical Account Receivables and Other Healthcare Financing Instruments
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DISCLAIMER: Nothing in the contents transmitted on this board should be construed as an investment advisory, nor should it be used to make investment decisions. There is no express or implied solicitation to buy or sell securities. The author(s) may have positions in the stocks or financial relationships with the company or companies discussed and may trade in the stocks mentioned. Readers are advised to conduct their own due diligence prior to considering buying or selling any stock. All information should be considered for information purposes only. No stock exchange has approved or disapproved of the information
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