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Then these guys must getting ready to really really kill it
This is just what this company needed. Another high price executive sucking at the teat. I am sure this bold move will be hailed as the accomplishment of another milestone on GETH's journey towards making one thin dime.
Some news about how they actually executed something they had already promised would be remarkable and unheard of since the inception of the company. The only news releases that are not bullsh*t are the ones where they have hired a new PR firm or something.
What happened to the pump action from WarChest. Did he realize it is hard to inflate a ball that has a giant hole on the other side? His "Golden Cross" turned into a "Lead Balloon"!!!
You do realize that my comment was dripping in sarcasm, right?
They did just sign a letter of intent to partner with another developing technology company that has even more exciting unproven methodologies to process end of life tires. I would rate this a strong buy ;]
You should also try a search on the people involved. Nothing for Rich Woods and zero employees on Linked-in for Reads Leasing and Credit LLC. A Linked-in Search for Rod Kagy shows he does have a profile under Meah Global, but then do a search for Meah Global and it lists 4 employees, three of which are Rod Kagy. Not exactly passing the sniff test.
So after 7+ years, they have finally taken the FIRST STEP towards GENERATING REVENUE!!! I would guess they might be EBITDA positive by 2050 if they stay on this blindingly fast path.
Looks like he was pay to play. Hopefully not another Gary scam
Gary must have a pretty good dog and pony show to get this value.
Green EnviroTech Holdings Announces Conversion of $144,845 of Aged Debt at $0.50 per Share
10/04/2016 | Press Release
JAMESTOWN, CA--(Oct 4, 2016) - Green EnviroTech Holdings (OTC PINK: GETH) is pleased to announce that the company has entered into agreements to convert $144,845 of aged debt into common stock at a stock conversion price of $0.50 per share.
As GETH Chairman and CEO, Gary De Laurentiis explains, "This exchange is a demonstration of confidence from our creditors in the future direction of the company. We are grateful for their support and patience over the years; we have been working to perfect our technology and business model, and we look forward to sharing the benefits of our success with them in the future."
Forward -Looking Statements
GETH cautions that statements made in press releases constitute forward-looking statements, and makes no guarantees of future performances and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time statements are made.
About GreenEnviroTech Holdings
GreenEnviroTech Holdings (GETH) is a pioneer in sustainable economic development. Our mission is to find practical, economical solutions that will clean up the environment. Our technologies will convert waste into valuable products and help to protect the planet.
Did anyone else notice that the greenenvirotech.com website is down for an "Update in Progress". I guess his hosting site would not accept stocks for payment and cut him and his website off.
So Gary paid to have a company formed in Florida, hired someone who will never see a dime but get paid in stock, and through this, "Develop a robust pipeline of business opportunities" and his stock sees a 30% increase. I must congratulate him on working the system at the very least.
All caught up on his filings so now the people who sued him and won can sell their shares. I am guessing he sells the shell next.
I think in this scenario, the investors are the sex dolls because they are the ones getting screwed.
Well there you go....News from September 2014. That should send this stock into rapid climb.
So Geth's Patent Pending status has reached it's 18 month timeline for publication. They had better act quickly or the copy cats will steal their proprietary process and start making bank on all their hard work.
70 Shares...someone is a baller with $5 to throw around...and it pushed the price up. Rally time!
Did trading get suspended on this stock? It has been dead for quite a few days now. Maybe somebody actually did report Gary to the SEC.
Sure it will, when he does another 100 to 1 reverse split. I guess that doesn't help you getting your money back though.....
Imagine that, someone bought 810 shares at a price higher than current ask right at the end of day today. How could that be?
THE PRICE IS FA
L
L
L
L
L
I
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About time to sell some out the back door at higher than posted ask.
$400 in the bank on 10-Q. This company is well on its way to success.
Has anyone else noticed that when the stock price starts to fall, there is a late day trade for a minimal amount of stock at a price that sometimes exceeds the current ask. Funny how that works out.
Time to release some PR BS to try and stop the tumble. I would expect a "we have completed the absolute final step" or perhaps a "LOI has been signed to purchase" announcement any day now.
WOW!!! A 50% drop in price to $0.40
I guess the PR machine needs to kick in and generate some more false hope.
This time, they have a picture of a building that may or may not be the location of the pilot plant. That makes the announcement true, right? You couldn't just post a picture of a random building.
Looks like the Petrosonics deal has died on the vine.
Unless Gary can come up with some money somehow.
http://secfilings.com/searchresultswide.aspx?link=1&filingid=9498403
Hooray! Below $1.00
Isn't that the requirement for going on NASDAQ or NYSE as was promised with the 100-1 reverse split. We are on our way now.
They didn't have to pay. They managed to buy another 45 days in order to get "get their finances in order".
New Employees have been added to the staff. Looks like he got some heavy hitters on the management team based on the new and improved website. Wondering where their compensation is coming from with only $2k in the bank. I guess at $1 per share and over 200million shares to issue, he can make some pretty grand promises.
I think GETH7 got it right this time when he called it a "Multi-bagger" this stock is so ugly that it is certainly a multi-bagger.
Gary must be pretty proud of his $10 million losses
He bumped his salary to $300k and accrued himself a $500k bonus. Good work if you can find it.
Holy Crap.....He filed something today. Good Job Gary
http://secfilings.com/searchresultswide.aspx?link=1&filingid=9225074
And we all know that Gary NEVER files late
CFO and Accounting Firm Resign
Does this resignation of the people in charge of the companies accounting not concern anyone? It seems very coincidental that they would both quit at the same time.
That was sarcasm. Certainly down.
New Financials for GETH
http://secfilings.com/searchresultswide.aspx?link=1&filingid=8879022
Bottom of page 10… “The Company is in the process of amending its Charter to facilitate the authorization of an additional 250,000,000 million shares of common stock. This amendment will bring the authorized shares to a total of 500,000,000”. That will help the stock price. Gotta look out for the shareholders…
It is scary to think that someone with so little knowledge of how the stock market works is allowed to trade. When you purchase stock on the boards, the money does not go to the company or the CEO. It goes to whomever was selling the stock on the board. The company only gets the money during their IPO or when additional stocks are sold through the treasury. Stocks traded on the open market are not owned by the company.