Global Energy Holdings Group (GNH)

[ragmuff]

Researching another stock and ended up following the long history that brought me here to this POS. Some of the players that where listed in my DD that are not in jail yet are still scamming stocks still in play. Boy the SEC should stop watching porn and get to work.
Bid .01 ask 9,999.99 that’s cool let me slap the ask…..and looking at the history they made money as they passed thru here. Keep an eye out people for the ones that where a tie aren’t always to be trusted.

[stylecounciler]

BK'ville?....

You mean the folks who bit on the hype by the hypsters have now lost EVERYTHING?...

No surprise here. None at all.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31349553

[ScovilleUnits]

Voluntary Delisting of Common Stock from NYSE AMEX

http://www.knobias.com/story.htm?eid=3.1.55d2d32d86827c5f7c5e3d251b663823d25fa84fca60bf7c68c160bb369a1d3d

.....The Company intends to file a notification of removal from listing on the Exchange on Form 25 with the Securities and Exchange Commission (the "SEC") on or about December 18, 2009. The withdrawal of the Company's common stock from listing on the Exchange will be effective 10 days after the filing of the Form 25. .....

[ScovilleUnits]

GNH Files for Chapter 11 Protection

Atlanta, GA, November 25, 2009 – Global Energy Holdings Group, Inc. (NYSE AMEX:GNH) (“Global”) announced today it is voluntarily seeking to reorganize itself and four of its subsidiaries under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. The voluntary filing will allow Global to continue its operations in the normal course through the financial restructuring process.

Global determined that it was prudent to file for Chapter 11 at this time in order to restructure its business under the protection of the bankruptcy court. In 2008, Global focused its operations on the development of renewable energy projects, such as biomass gasification and landfill gas-to-energy projects, and chose to exit its legacy ethanol business. Global will continue an orderly liquidation of its non-core assets and develop business opportunities upon which it may structure its emergence from Chapter 11. The decision to pursue reorganization under Chapter 11 came after extensive efforts to improve Global’s liquidity and pursue strategic alternatives.

Along with the filing of the five voluntary petitions, Global intends to file four first day motions which it believes are necessary to enable the debtors to operate in Chapter 11 with a minimum of disruption and loss of productivity.

8-K .... http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=6625787

[Tina]

oops! wrong board

no! wouldn't buy this again

glad to have gotten 75% of my $ back

[PENNYPRINCE 1]

Would you buy here?

[PENNYPRINCE 1]

Why dont they release things like this?

[Tina]

Xenathol Corporation Securities Litigation Settlement

I believe the tickers for this stock use to be XNL & XTHN

if anyone lost money in this stock, I hope you filled out the paperwork for the legal action that you received in the mail rather than throwing it away.

I received a check today and they paid 75% of my loss.

Hubby lost more but haven't rec'd his check yet.

[ScovilleUnits]

Seems to have facility sold for $1.65 million.

8-K ~ http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=6502821

Global Energy Holdings Group, Inc. Sells Ethanol Facility to Fiberight, LLC

Friday , September 04, 2009 16:15ET

ATLANTA, Sep 04, 2009 (BUSINESS WIRE) -- Xethanol Biofuels, LLC, a subsidiary of the diversified renewable energy company, Global Energy Holdings Group, Inc. (NYSE Amex: GNH), announced the execution of a definitive agreement to sell its ethanol facility in Blairstown, Iowa to Fiberight, LLC. Closing of the transaction is expected to occur on September 30, 2009. The Blairstown Facility consists of a 24,728 square foot ethanol plant on 25.5 acres of land, a 20.9 acre vacant lot adjoining the property, and warehouse and distribution facilities.

The Blairstown Facility was producing ethanol at a rate of approximately 5.6 million gallons per year, using corn as its feedstock, before Global Energy ceased production of ethanol at the facility as of May 1, 2008. In addition to ethanol production, the Blairstown Facility also produced distiller's wet grains, or DWG, a by-product of the traditional corn-to-ethanol process.

Fiberight intends to convert the facility into an integrated demonstration plant to produce cellulosic ethanol using Fiberight's proprietary sold waste to biofuels technology, with waste feedstocks sourced from the Cedar Rapids area.

[Vector_03]

This stock is looking really good lately. Chart looks great with a lot of volume today.

[ScovilleUnits]

GAEC LOI to buy GNH’s Blairstown, Iowa plant.

On July 28, 2009, the article attached hereto as Exhibit 99.1 was released by Gulf Alternative Energy Corporation (PinkSheets: GAEC) (“GAEC”) and appeared on the Business Wire. The article discusses, in part, a letter of intent between GAEC and Global Energy Holdings Group, Inc. (“GNH”) for the sale of GNH’s ethanol facility in Blairstown, Iowa to GAEC. The sale of the Blairstown, Iowa ethanol facility, as contemplated in the letter of intent, remains subject to several contingencies, including negotiation of a definitive agreement and GAEC’s satisfactory completion of its due diligence investigation of the Blairstown, Iowa ethanol facility.

8-K .... http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=6441337

[PENNYPRINCE 1]

A ;itt;e more volume maybe this is about to turn higher.

[GreatSuccess]

with the rise of oil prices Ethanol is once again profitable to manufacture, I think the break even point to manufacturing Ethanol was around 40-45$ a barrel of oil.

Now we in the 70's per barrel, this means Ethanol could become a hot play again, watch this one for volume, as it could be a runner

[ScovilleUnits]

8-K ~ 8-K ~ 10-Q

8-K... http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=6330196

8-K... http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=6335964

10-Q...http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=6340499

[ramtruck9766]

hey gnh.what the heck is going on with golhf.it just STOPPED DEAD in the water.is there something the stockholders should know.????????

[weatherdude]

Mark Cuban is going to jail...The guy did his part in driving XNL into the ground a few years ago...Now it's payback time.

http://money.cnn.com/2008/11/17/news/newsmakers/cuban_insider_trading/index.htm?postversion=2008111711

[ScovilleUnits]

8-K

http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=5941567

I still can't figure out what impact the merger had on the original XNL share structure?

[ScovilleUnits]

Name and Symbol Change today...new: GNH

Global Energy Holdings Group Announces New Corporate Structure and Ticker Symbol on the New York Stock Exchange Alternext US
Date : 10/28/2008 @ 8:00AM

Source : Business Wire
Stock : Global Energy Holdings Group, Inc. (XNL)
Quote : 0.1602 0.0 (0.00%) @ 1:05PM

Global Energy Holdings Group Announces New Corporate Structure and Ticker Symbol on the New York Stock Exchange Alternext US

Global Energy Holdings Group, Inc. (NYSE Alternext US: GNH), formerly known as Xethanol Corporation, has begun trading under the new ticker symbol GNH. Global Energy is an Atlanta-based diversified renewable energy company with two subsidiaries, Global Energy Systems and Global Energy Ventures.

Global Energy Systems develops renewable energy projects with a focus on biomass and landfill-gas-to-energy. It also implements energy conservation and alternative energy projects for commercial and governmental organizations across the United States, including government agencies and the U.S. military. Global Energy Ventures invests in early stage, strategically relevant energy companies.

“At Global Energy Holdings, we recognize that there is no single solution to our nation’s energy challenges,” said David Ames, President and CEO of Global Energy Holdings Group. “We must take immediate steps to lessen our dependence on fossil fuels by implementing mature alternative energy and conservation technologies. It is equally important we invest in a variety of emerging technologies to help grow the sector and take advantage of our nation’s vast renewable energy potential.” Global Energy Holdings Group recently restructured its management team. This team has extensive experience in developing companies in various sectors of the energy markets. In addition, the company’s engineering staff has significant expertise in biomass gasification, cogeneration, heat recovery and energy conservation projects.

Global Energy Holdings Group previously traded on the AMEX under the name Xethanol Corporation (AMEX: XNL).

About Global Energy Holdings Group Global Energy Holdings Group is a diversified renewable energy company based in Atlanta, Georgia, with two subsidiaries. Global Energy Systems develops renewable energy projects, including biomass gasification and landfill-gas-to-energy projects. Global Energy Systems also coordinates and implements energy-efficiency projects, such as cogeneration and heat recovery, for organizations that include government agencies and the U.S. military. Global Energy Ventures invests in strategically relevant, early stage energy companies. Global Energy Holdings Group provides tailored solutions that capitalize on the nation’s need for diverse energy resources, while investing in promising innovations to help power the future. The company trades under the ticker symbol GNH on the NYSE Alternext US (formerly the American Stock Exchange). For more information about Global Energy Holdings Group, please visit its Web site at http://www.gnhgroup.com.

---------I can't figure out what the r/m share restructure was, haven't found it disclosed yet. XNL closed at .16 and GNH's high today (1st one trading as GNH) openend at .18 with a high so far of .34.



~ ~ Safe to take a position here?... ‹(•¿•)›

[ScovilleUnits]

...increase salary for Ames Pres/CEO, from $1 to $350,000

and awarded a $150,000 cash bonus for his past service, effective October 1, 2008.

http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=5924087

Arrangements of Certain Officers.

On October 7, 2008, the compensation committee of the board of directors of Xethanol Corporation, the registrant, approved an increase in annual salary for Mr. David Ames, our President and Chief Executive Officer, from $1 to $350,000 and awarded a $150,000 cash bonus for his past service, effective October 1, 2008.

On October 9, 2008, in accordance with our policy of providing performance incentives to align the interests of management with those of our stockholders, the compensation committee of our board of directors granted to our executive officers - Mr. Ames, Mr. Romilos Papadopoulos and Mr. Michael Ellis - and other key members of management shares of restricted stock and non-qualified stock options under our 2005 Incentive Compensation Plan (the “Plan”). In connection with the grants of shares of restricted stock and stock options under the Plan, we entered into a restricted stock agreement and a stock option agreement with each of the recipients. The committee granted to our executive officers a total of 305,000 shares of restricted stock and options to purchase a total of 555,000 shares at a purchase price per share equal to the closing price of the common stock on the American Stock Exchange on the date of grant (which was $0.19 per share), as detailed in the following table. Under the terms of the respective agreements, the restricted stock and the stock options have a 7-year term and will vest or expire or be forfeited at earlier dates based on the performance of our stock price as explained in more detail below.

----------->>>>

(Bless his heart. Worked all this time and only took one dollar in return....ROFLMAO!!!!)

[ScovilleUnits]

Pinchy POS!!

[ScovilleUnits]

Court OKs shareholder settlement with owner of Blairstown plant

Tuesday , August 26, 2008 11:07ET

Aug 26, 2008 (The Gazette - McClatchy-Tribune News Service via COMTEX) -- Aug. 26--The New York-based owner of the idled ethanol plant in Blairstown has agreed to pay $2.8 million to settle a shareholder class-action lawsuit.

A settlement with Xethanol Corp. has received preliminary approval from the U.S. District Court for the Southern District of New York, according to the New Orleans law firm that led the case for shareholders, Kahn Gauthier Sevick LLC.

The lawsuit represents shareholders who bought the company's stock on the American Stock Exchange between Jan. 31, 2006, and August 8, 2006. It is a combination of several cases filed against the company over allegedly false claims and omissions. Throughout the period, Xethanol repeatedly assured investors that it could sustain itself on revenue from corn ethanol production while successfully commercializing biomass ethanol production. Share prices fell steeply as it became clear that the company could not commercialize its biomass ethanol production plans in the near-term.

Prices of Xethanol stock fell from over $15 to $4 per share during the period covered by the lawsuit.

The lawsuit also claimed that the company misrepresented the experience of management and standards of eth ics, or to disclose related party transactions with individuals who had records of stock fraud.

A hearing on the proposed settlement scheduled for 9:30 a.m. Sept. 15 in U.S. District Court for the Southern District of New York will be used to determine if the proposed settlement is fair, reasonable and adequate.

In addition to the Blairstown plant, Xethanol formerly owned another plant in Hopkinton. It has since sold the Hopkinton plant.

Xethanol does not admit to any of the claims in agreeing to settle the case.

-- Contact the writer: [phone] or [e-mail]

[stylecounciler]

the folks who are easily searchable, and who pumped this one on multiple message boards, did their job and are on to the next.

those sales look as dismal as that dubious past history. and .005 cents looks very doable for a stock price target.

yes, it's on to the next pump.

[ScovilleUnits]

Q2 EPS (5c) vs (23c) EPS +78% Y/Y

Thursday , August 14, 2008 10:33ET

QUARTER RESULTS
Xethanol Corporation (XNL) reported Q2 results ended June 2008. Q2 Revenues were $0.69M; -78.93% vs yr-ago. Q2 EPS was (5c); +78.26% vs yr-ago.

10-Q
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=5832044

[exoticbiker]

I’m surprised Mark Cuban didn’t show up at the Olympics and claim him Medal, I’ll be nice...

[stylecounciler]

EB,

speaking of pressure....

"only a few liters at a time"...

http://money.cnn.com/magazines/fsb/fsb_archive/2007/02/01/8399939/index2.htm

and remember when some just might have bashed Mark Cuban, his opinions, and short sale?

http://www.sharesleuth.com/2006/08/moonshine_blindness



yup, it never hurts to back check all the principles in such hyped up penny companies.
hyped by the same posters, on multiple message boards.

'cause it sure looks to me like they're still up to the same things.... just different stocks.

what makes me suspect this?... i checked.

[exoticbiker]

The huge price slide in Oil may add downward pressure...

[stylecounciler]

No Credence?...

Clearwater, maybe.

so how about then, a little Revival, mate?

Stockmann, funny you mentioning earnings per share of .50 cents back then.

yea, .50 cents...

'cause .50 cents is all one's got left... and even that's, IMHO, just a temporary price.

more downside to come. my guess?... .005 cents.

and soon.

[stylecounciler]

must have something to do with this,..

http://securities.stanford.edu/1036/XNL_01/20061110_o01c_Jones.pdf

here's more history on a few of the insiders...

http://www.secinfo.com/d12TC3.z18Ae.htm

one firm stands out, C&H Capital. who was, and i think still is "engaged to assist" XNL as investor relations.

if you google the firm, or the president, and this is all public information, you'll find a whole list of company that, shall we say, underperformed the average stock? USEG, FPP, XNL, EQST, SPMI, MOVT, ECLN, NXTI, WOLVQ.

and currently "engaged to assist" MDVX.

again, all public available information.

[ScovilleUnits]

Page 20 of the last 10Q may help?

http://www.sec.gov/Archives/edgar/data/1145061/000114420408028906/v114138_10q.htm

Me, I’m not a “party” to it.

Good Luck to all of you that deserve restitution.

I simply hope, really do believe it to be true, that XNL is not that Company today.

Scov.

[weatherdude]

After digging around on-line it sounds like they've settled already...

NEW YORK -- Xethanol Corporation (AMEX: XNL), a renewable energy company, announces that on November 28, 2007, the company agreed in principle to settle the seven consolidated putative class action lawsuits pending against it captioned as In re Xethanol Corporation Securities Litigation, 06 Civ. 10234 (HB) (S.D.N.Y.). The agreement was reached during a mediation overseen by a retired United States District Court Judge in West Palm Beach, Florida, and attended by counsel for plaintiffs, counsel for the company and the individual defendants and counsel for the company's insurance carriers. The agreement remains subject to final negotiated writings executed by the parties and approval by the United States District Court for the Southern District of New York.

[weatherdude]

I received some legal documents in the mail from a Law Firm stating that there is a Class Action suit ongoing. Anyone know more about this...I bought back in 2006 which is what it stated in the literature in order to be eligible for an individual $2,800 cash amount if they win. There is going to be a hearing on 9/15/2008 and I'm trying to figure out if that is a pre-trial gig or if this hearing is to determine damages.

[ScovilleUnits]

As far as XNL today, I see the investor better off.

Still carrying some stains yet XNL is much cleaner today as a result of it overall.

Sorry about what happened in the past.

[Tina]

yep

AFTERWORD FROM MARK CUBAN

Based on the information that Sharesleuth has uncovered, I have chosen to short shares of this company.

IMO that's the same as insider information

[ScovilleUnits]

I found it. Had it saved for, for, for some reason??? LOL!!

http://sharesleuth.com/2006/08/moonshine_blindness.html

GL, hope you, everyone, gets some money back.

Scov.

[Tina]

yes, it was true

but I still think it was pretty underhanded of him to be able to take a short position in the stock and then release that PR.

[ScovilleUnits]

I was just about to post the following...you beat me to it LOL!!

"Wow, you’re talking about Mark Cuban the owner of the Dallas Mavericks. I forgot about that. Silly me, I do recall that now. Seems it was true though huh?"

[Tina]

Answer- Mark Cuban

[Tina]

someone took a large short position and wrote a negative investigative report about the company

sound familiar? can you name who did it? lol

Hint: he owned a sports team

[ScovilleUnits]

That they were all a bunch of liars that overstated the cost efficiencies they were and would continue to realize through their method of processing ethanol...Cooked the Books? Seems a few characters with some prior questionable business practices started popping up around then as well?

Help Tina, what are the real Cliff-Notes from that period?

Good Luck, hope you get back a few more bucks during the suit.

Scov




Safe to take a position here?
‹(•¿•)›

[Tina]

you are very correct Scoville

and do you remember what crashed the stock from almost $15 back down to about $2?


**Click the she devil and visit the House of Pleasure**

[ScovilleUnits]

Tina, weren’t you an assistant Mod of this board back in those days?

I’m also thinking the stock symbol changed that summer 06 from XTHN to XNL during their transition from the OTCBB to AMEX?

In any event, good luck!!

Scov

[Tina]

yep two years ago

[cosmoworld7]

were you an investor there?

[Tina]

received Xethanol class action suit papers today in the mail-

"if you purchased Xethanol Corporation common stock during the period January 31, 2006 through and including August 8, 2006, and were allegedly damaged thereby, then you could get payment from a class action settlement."

settlement will provide $2,800,000 cash settlement for investors who bought shares of Xethanol

A federal court authorized this notice.

You must mail your completed and signed proof of claim and release postmarked no later than September 26, 2008 to:

Xethanol Securities Litigation
P.O. Box 24790
West Palm Beach, FL 33416

[hog77]

Yes theres plenty of sugar cane down here in fla.It just sits here and rotts I here theres companys down trying to do something with sugarcane.

[ScovilleUnits]

2 more F-4 Buys reported today.

This one by AMES DAVID R (CEO/President/Director) especially interesting...http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=5731861

[ScovilleUnits]

Me too Hog, especially in that these looked to be outright F-4 Buys. Keep um coming!!!!

I’ve been pretty much trying to gather free, and/or overall discounted shares as the progress hopefully 360’s to free, thinking that there is something here worth holding onto longer.

Hogg, you know anything about growing sugarcane? Why isn’t sugarcane cropping up in the USA? From what I understand sugarcane is 7X more efficient than corn?

Hope all is well with ya Hog!!!

[hog77]

Lets hope theres a lot more buying.

[ScovilleUnits]

Couple new F-4 Buys today.


(Click the Pic)

[ScovilleUnits]