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All I have heard is he has given charge to a subordinate that use to work for them and he makes the final decision because he owns the most shares. This is what the latest so called news is for GLTC. We know the same amount as anyone else does in OTC Markets. We all will know when we get some sort of filing sometime in the future. You know how it is in OTC, the big deal is speculation on what could be possible.
I have shares just in case. A lot less shares since we went below .05
Good luck
That is up to Reger
On January 28, 2020, Mr. Michael Reger notified the Board of Directors (the “Board”) of GelTech Solutions, Inc. (the “Company”) that he was resigning as the Chairman of the Board, a director and as an executive officer of the Company. Additionally, Mr. Reger informed the Board that he will no longer be funding the Company’s operations.
On January 31, 2020 through February 5, 2020, the following directors and executive officers resigned from their respective positions:
·
Phillip O’Connell, director
·
Leonard Mass, director
·
Victor Trotter, director
·
Dave Gutmann, director
·
Michael Hull, Chief Financial Officer, treasurer and secretary
·
Gerry Kaiser, VP
·
Matthew Struzziero, VP
Yep, he has only shares and nothing to do with decisions. That is up to Reger in my understanding. I believe someone said that he is overseas. But, you know, as well as I do that the OTC Markets are hard to know what is the truth.
1 note of interest is the fact that Convertible Debt for liquidity is now on S.E.C. list of items to take care of for investors. Like they didn't know? Lol!
Anyway, better now than not ever!
Good luck
lol. really?
On January 31, 2020, Mr. Warren Mosler was appointed as Chairman of the Board, Chief Executive Officer, Chief Financial Officer, President, treasurer and secretary of the Company.
Oh yeah, he is busy enjoying golden years and making sure all is good in U.S.V.I.
Lol!
Nope, he only owns shares in shell. He is busy with Modern Monetary Theory.
so, mosler is in the shell peddling business now?
oh, how the mighty have fallen.
The problem here is that the stock is now dangerously delinquent and you know the SEC is going after these for the last 2 years. They need to file their 10k's, otherwise it's impossible to put any real money in here while waiting since it's very risky.
The reality for this ticker is some day this will be sold.
OTC is rampant with Hype and you never really know??
Look at GNUS, that blew up Huge! No one expected that mass move? At least not most.
A lot of people by depressed tickers and sit on them and wait for years for them to rebound. However, better if low float. Now that the S.E.C. and OTC are getting on Convertible Debt providers about their practices, maybe OTC get better? That was hard to text. Lol!
Not in, it's market cap was always way too high. Nothing against a bad call in general, all of us make some here and there but that story about the guy involved was so out of reality wasn't it?
Got to be one of the worst calls ever.
go to freaking zero already and be done with it. This stock shell game is done.
$gltc Key Financial Ratios
Earnings Per Share
-0.04
Price/Earnings
-4.2275
Gross Margin
0.6492
Operating Margin
-2.2944
$gltc GelTech Solutions is a leading provider of innovative, environmentally friendly and cost-effective products that help government agencies, industry, agriculture, and the public achieve goals such as water conservation and protecting lives, homes and property from fires. GelTech's products include FireIce, an extremely effective and versatile product used both as a suppressant to extinguish fires and a fire retardant to protect assets and property; FireIce Shield, a line of products used in industry by manufacturers, plumbers, and welders, and by police departments and first responders to protect assets from fire; Soil2O Dust Control and Soil Cap, products that reduce airborne particulate matter with minimal environmental impact; and GT-W14, an advanced absorbency technology to control fluid spills of all sizes, turning liquids into solid waste for easier and safer disposal.
What happen here. I had high hopes for this one.
LONGS know what we own! One day closer to the 8K
GLTC-the company is delinquent-the stock GLTC is being redomiciled imo
Because it just went delinquent last week because they didn’t file the 10k.
how do you know they didn't?
Not anytime. They will get a warning letter first to comply to get it current.
GLTC IS DELINQUENT WITH THEIR SEC FILINGS AND COULD BE SUSPENDED AT ANY TIME.
back to .03-were the march to .20 started
Delayed from current ongoing virus situation I would suspect ! Mosler confirmed that he still owns all his shares via message with myself! Just a waiting game now .... GLTC
did mosler die or something? wasn't this going to be the next best thing? where did everybody go?
How did this play out so far?
not rich but made some money when i sold half my holdings up 2000% a few weeks ago-should have sold all a bought back now but you cant expect to call it perfect
Thanks JR mtfbw us
Awesome buying point! GLTC
the wash trading won't continue forever.
why is this dropping so bad
OTC Markets GLTC updated and unchanged!
https://www.otcmarkets.com/stock/GLTC/security
Yes , I was saying! GLTC
you were saying...
What’s that you say? GLTC
Good day to pick up more GLTC .....
@johnnyreindeer1
Thank you .... GTLC
Item 8.01 Other Information.
As a result of the disclosure under Item 5.02 above, the Company does not have sufficient funds to continue its operations. The Board is looking to alternatives for the future of the Company.
https://ih.advfn.com/p.php?pid=nmona&article=81615740
When is soon? GLTC
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