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Ew weee. Things are out of GYSN's hands for too long. Should we hear something soon?
Looks like someone on the InvestorVillage GYSN board may have an idea as to the identitiy of our 5% investment in an oil and gas company. The GYSN CEO said he could not reveal any details at this time because of non-disclosure agreements.
http://www.investorvillage.com/smbd.asp?mb=14309&mn=7167&pt=msg&mid=11552078
... and another poster thinks that we have cash flow that is not being revealed at this time:
http://www.investorvillage.com/smbd.asp?mb=14309&mn=7166&pt=msg&mid=11551788
Now if the company named is possibly our 5% investment here is a link I found doing research on these claims to back this up ...
http://www.responsesource.com/releases/rel_display.php?relid=65644
"" Prior to 2010 the assets were owned by AMEX listed CanArgo Energy Corporation when a corporate reorganisation, following Chapter 11 in late 2009, led to new private ownership of their Georgian assets and refinancing by Blake in early 2010. Blake is now offering up to a 50% interest in its entire Georgian portfolio involving, firstly, purchase of an equity in the existing production of the Ninotsminda Field, including its upside that will be unlocked by the Phase I rehabilitation programme and Phase II drilling of the undeveloped parts of the field and; secondly, a drilling and seismic programme to appraise and develop both of the potentially very large oil discoveries contained in the Manavi and Norio structures. ""
Obviously this is detective work based on a leak/rumor but this could end up being HUGE, imo.
I guess we will find out soon enough just git 'er done and let 'er run! It would be nice to see an 8K on this deal but I'm not holding my breath!
GLTA
Red
CC Replay
Here is the link if you would like to listen to the replay of today's conference call.
http://www.investorcalendar.com/IC/ClientPage.asp?ID=167660
Red
What happened with the CC today?? I wasn't able to listen, too busy... thanks in advance.
rayo that is huge, now I hope they 8K the deal and provide some details regarding cash flow. If they can produce certified reserve numbers and cash flow numbers then analysts can place a PE and true value on this stock.
Now that would be fantastic for all involved !!!! Fingers crossed!
Red
I would love to see what the potential is here. It might be difficult to make the CC tomorrow. I might have to be on the phone.
Well that confirms the closing conditions were met. That is a good thing.
EWAG calculation of value for a 5% ownership inerest in a 1 billion barrrel oil company, imo.
1 billion barrels recoverable using 5% interest gives GYSN ownership in 50 millon barrels. At $10 net per barrel to GYSN ($100 less expenses/taxes/fees) = $ 500 million/ 80 million shares OS = $6.25 per share value ...
1 billion barrels recoverable using 5% interest gives GYSN ownership in 50 millon barrels. At $20 net per barrel ($100 less expenses/taxes/fees) = $ 500 million/ 80 million shares OS = $13.50+ per share value ...
The variable we don't know right now is current cash flow from the properties.
Ad the assets into this company and add a muliple and I sy booooooooooooo yaaaaaaaaaaah !!!
git 'er done and let 'er run !!!
Red
Great news !!! The closed the deal and provided some details !!! Now I'd like to see an 8K and getthe filings up to date ...
Greyson International, Inc. Completes Acquisition to Further Bolster Company Assets with Significant Interest in an Oil & Gas company.
Greyson International (PL) (USOTC:GYSN)
Monday 12 March 2012
Greyson International, Inc. (GYSN.PK) announced today that it has completed the purchase of a private entity which has a significant interest in an oil and gas company.
According to Greyson International CEO Harvey Tauman, “This acquisition will provide great value to our shareholders. Through this acquisition, we will now own nearly 5% of an oil company with property that has been reported to have potential of billions of barrels of oil according to industry experts.
“Greyson will not be an operator in the business. This was done solely for investment purposes in a cash flow positive business with huge potential,” added Tauman.
Further terms were not disclosed. Greyson International, Inc will make more information public as it becomes available.
Greyson International, Inc. will host a shareholder update conference call for all interested parties on Tuesday, March 13, 2012, at 4:10 p.m. EDT to discuss recent business developments including the recently announced purchase, for investment, of a private entity which has a significant interest in an oil and gas company.
Participants may use the following phone numbers to take part in the call. Within the U.S. dial (Toll Free): 877-407-8033. International participants can dial: 201-689-8033.
The call may also be heard via webcast at http://www.investorcalendar.com/IC/CEPage.asp?ID=167660. If you are not able to participate on the live call, a replay will be made available at www.greysonproducts.com in the shareholder section.
Looking good !!!
Red
I don't know why Harvey would produce a PR and then announce a conference call, all of the sudden, if he doesn't have something important to say.
I just hope we get some news to lift the share price but that will not happen unless Harvey produces concrete numbers of asset value and any cash flow so investors will be able to calculate the true value of the merger. Only then will the stock move up and sustain a stable stock price based on FACTS not dreams or speculation.
At this point it's all up to Harvey ... I hope the deal is truly done and the deal is accretive for all our sakes.
Red
RED, Your post says it all. Hopefully Harvey comes through. Go GYSN and KBLB!
Greyson International, Inc. Makes Acquisition to Further Bolster Company Assets
COCONUT CREEK, Fla.--(BUSINESS WIRE)--
Greyson International, Inc. (GYSN.PK) announced today that it has purchased, for investment, a private entity which has a significant interest in an oil and gas company. The acquisition is subject to final terms and conditions.
“We believe this acquisition will further bolster our assets and give us the financial ability to achieve our goals with Trilexon® for use in industries including cosmetics, medical, veterinary, etc., ” said Greyson International CEO Harvey Tauman.
Greyson International, Inc. will make more information public as it becomes available.
********************************
Anybody know if these terms and conditions have been met? There is no 8K or other filing to indicate that the deal has closed. The CC is on next Tuesday after the bell so it had better close or the CEO is going to have some explaining to do and the stock price will CRATER !! The stock is up 90% in a week or so it could go right back to .02 with a bad call, imo.
Hoping for the best but trying to be realistic and look at the facts. GLTA
Red
I have been in Greyson since the Damage Control merger and I had to reduce my holdings in GYSN and several other companies. I still hold a few shares hoping Harvey would git 'er done.
I know Harvey was invested in some other oil and gas plays that I held at one time so he is no stranger to the oil and gas business. Hopefully this pays off for loyal GYSN shareholders as it has been a LONG wait.
If Harvey can give us some specifics as to the corporate structure and the added value to the company and a soild prediction of the share price based on the oil/gas asset the stock price will rise. If he talks in generalities and blows smoke the price will drop back in the low cents.
Hopefully this deal is complete and accreative ... now. GLTA.
Red
I think real news is a given. If Harvey says this is anti-dilutive, then I am sure it is. The only thing that remains is the details. I think it is going to be big....everything says it is at least. I only say that because I know what they were shooting for prior to bad news for the company these guys took over. If you corner me, I say these guys are already pumping oil. Hard to quit pumping if that is the case. I am going on some of what I know and some of what I think..... It looks good.
Quit promoting this company champ .... !!!
LOL ... so rayovac what do you think the chances are that we get any real news to increase the value from this CC ?
This company has been languishing for years ... they may need a cash infusion to stay afloat?
It's probably better to hear what the CEO has to say before risking capital don't cha think? Very few follow this stock so there is probably time to get in after the call ... if the call is lame the stock goes back to a few pennies ..... jmho ... very risky play here based on the alleged buyout. Again just my opinion based on past history ... p-n-d?
Red
Greyson International, Inc. Hosts Conference Call for Shareholder Update on Tuesday, March 13, 2012, at 4:10 p.m. EDT
Date : 03/05/2012 @ 10:00AM
Source : Business Wire
Stock : Greyson International, Inc. (GYSN)
Quote : 0.15 0.015 (11.11%) @ 10:53AM
Greyson International, Inc. Hosts Conference Call for Shareholder Update on Tuesday, March 13, 2012, at 4:10 p.m. EDT
Print
Alert
Greyson International (PL) (USOTC:GYSN)
Greyson International, Inc. (GYSN.PK) is announcing that it will host a shareholder update conference call for all interested parties on Tuesday, March 13, 2012, at 4:10 p.m. EDT to discuss recent business developments including the recently announced purchase, for investment, of a private entity which has a significant interest in an oil and gas company.
Participants may use the following phone numbers to take part in the call. Within the U.S. dial (Toll Free): 877-407-8033. International participants can dial: 201-689-8033. The call may also be heard via webcast at http://www.investorcalendar.com/IC/CEPage.asp?ID=167660 If you are not able to participate on the live call, a replay will be made available at www.greysonproducts.com in the shareholder section.
About Greyson International, Inc.
Greyson International, Inc. is a research, development and marketing company that markets health and beauty aid products. Greyson has developed a new delivery method, the Trilexon® system, which will improve the effectiveness of virtually every topical application in today’s cosmetic market and every over-the-counter topical drug application. Trilexon® is a registered trademark of Greyson International. For more information, visit www.greysonproducts.com, join the Greyson Facebook group page by visiting www.facebook.com and searching “Greyson Products” or follow Greyson on Twitter at www.twitter.com/greysonproducts.
This release contains information about management’s view of our future expectations, plans and prospects that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with our financial condition, our ability to sell our products and our ability to compete with competitors. We encourage you to review other factors that may affect our future results on any current or future documents we file periodically with the Securities & Exchange Commission.
OT - NEWS on the STBP Board - OT
Hate to do this but please forgive this one time off topic post. For anyone that invested in STBP, PLEASE go to the board and check out what's happening. If you have questions or comments send me a pm or just look at the STBP board so we don't clutter this board. Thanks.
Just got permission to post Harvey's email address:
Harvey@greysonproducts.
If you'll send him your phone number he'll call you back pdq. He called me within 5 minutes of my sending him mine. He'll explain what's happening and how we proceed. I'm here because I agreed to help get word out.
OT - NEWS on the STBP Board - OT
Hate to do this but please forgive this one time off topic post. For anyone that invested in STBP, PLEASE go to the board and check out what's happening. If you have questions or comments send me a pm or just look at the STBP board so we don't clutter this board. Enough going on here as it is... Thanks.
Peace and best wishes to all.
who
GYSN ~ cc today and a few filings
http://www.otcmarkets.com/stock/GYSN/financials
nice accumulation
I have been unable to find anything on the net about SA. MA. Technologies. Have you found anything at all on them?
I hope good news is coming soon. The price has been inching up a bit at a time with increased volume, and that is a good thing, IMO. I think we should be getting pretty close to some deals, maybe the next month or two? The kind of licensing deals Harvey is working on takes plenty of time. The company doing the evaluation has to go through an extensive battery of tests to prove Trilexon's viability and compatibility in the various products they propose to use it in. Plus, if it is not directly compatible, some development work would be needed to adapt to the addition of Trilexon. All of that takes time, more time, IMO, than most people know.
Harvey's done licensing deals before, and I trust him to do it again.
Longshadow, Volume has come back. Good news coming soon? Good luck to all!
Been in GYSN for a long time. Finally up to 100,000 shares hoping Harvey gets it done and makes me a bunch of money.
Volume a little higher than normal, but bid at .08 and ask at .11 is a liitle much. Hopefully our new products will be a hit.
Looks like something is going on here....thoughts?
PR next week? Conference call in 3 weeks? Hopefully Harvey has some good news for us. Gopats22, Are you from New England? I live in Mass.
nice news we gonna be on shop NBC!!!
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