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DETAILS ON WHO RECEIVED THE 1.7 MILLION GTGP COMMON SHARES ISSUED IN THE LAST MONTH BY SCAM COMPANY GTGP
Based on information from the transfer agent, the number of GTGP restricted shares ( 17,926,475 shares, see below) did not change,
therefore
the 1.7 milliion increase in oustanding common shares was an increase in freely tradeable shares.
how can this happen?
easy:
1. The Fallacaros own the 17,926,475 restricted GTGP shares. They are "restricted" because they are officers/directors. However they have held the shares long enough that they can be sold into the market or transferred if they were not officers/directors.
2. GTGP issues 1.7 million common shares to the Fallacaros, a little at a time. Simulataneously (the same day), the Fallacaros sell or transfer the same amount of shares (from the old batch of shares) that they received from GTGP - thereby keeping their ownership of GTGP shares the same at 17,926,475.
3. AT the end of each trading day, the Transfer Agent only sees the net ownership of shares by the Fallacaros, which doesn't change. Net result is that 1.7 MILLION common shares are issued and the restricted shares stay the same, but the Fallacaros have netted the amount from selling/transfering those 1.7 million shares.
Let's take the time to verify this with the SEC filings of GTGP by reviewing their form 4's.
Oops, can't do this because, just like a true scam company, GTGP is not current on its financials or form 3 and form 4 filings with the SEC.
Quote:
--------------------------------------------------------------------------------
GTGP issues 1.7 million new common shares
Pacific Stock Transfer Co.
702-361-3033
Wednesday, September 26, 2012
Common Shares Outstanding
40,478,420 (increase of 1,700,000 from previous 38,778,420)
Restricted Common Shares Outstanding
17,926,475 (no change from before)
--------------------------------------------------------------------------------
Gregg, sorry but
this stock will open in the range of
$0.01 to $0.05
and eventually drop to
$0.0001/share if it doesn't get REVOKED first
sorry, but it is what it is - a scam company suspended by the SEC for adequacy of publicly available information by GTGP
i persoannly don't see GTGP going to a dime, not for anything that means anything, IF EVER
So you want a link to an SEC document that shows GTGP fraud?
sure
no problem
here is a link to an SEC document that shows fraud:
http://www.sec.gov/Archives/edgar/data/1308841/000110801709000365/ex101.htm
It was filed by GTGP with the SEC and is the sublicensing agreement with ANASAZI CAPITAL CORP. It states that GTGP received $1.25 million in cash equivalent when this agreement was signed.
The stock price of GTGP increased by 70% and the trading volume increased by 100 times when the 8K was filed that included this fraudulent agreement.
It turns out that by reviewing the Anasazi Capital Corp. Balance Sheets and Cash Flow Statements filed with the SEC, you can determine that Anasazi never paid the $1.25 million to GTGP, but instead took a note. In fact Anasazi quickly wrote down the value of the sublicensing agreement from its balance sheet as it was deemed worthless since they never sold one penny's worth.
A total fraudulent sham transaction by GTGP with an empty public shell that closed down soon thereafter.
I hope this helps
now
If you would also like to review the links to SEC filings that prove that GTGP filed fraudulent financial statements with the SEC, then that can be done also.
Bart, when you talk about a GTGP press release by Monday, what kind of press release are you talking about?
certainly not about the MSE acquisition, because that has not closed and will never close
certainly not about the 3 week hot run test results at the cement plant, because that was a hoax
certainly not a cement contract, because no one is going to sign a contract for MBS treatement of flue gas at a cement plant since it does not work on a large scale
so what type of press release, considering that the SEC is going to review from now on every word, every number every sentence that scam company GTGP issues publicly?
this stock will open in the $0.01 to $0.05 range on Monday as tens of millions of GTGP shares are going to be attempted to be sold into the market in an attempt to beat the SEC REVOCATION of the GTGP stock.
Bart Van Herck Saturday, September 29, 2012 12:16:51 PM
Re: GREGG THE GREEK post# 65560 Post # of 65648
If he doesnt post a PR by Monday the price wont be 0.50 or 0.70. The price will crash to 0.10 or somthing. Everyone is scared and will be selling if he doesnt post a PR. Me included. If he doesnt post a PR before the trading resumes we are dead..
Maybe he will post a PR on Tuesday.. Maybe you keep waiting but what if he doesnt... You lost all your money on nothing becouse it wil drop and drop..
Im not saying that this will happen, I also beleve that he will post a PR on monday. But if he doesnt... Im out!
GO GTGP!
stevesox, weak hands?
ha!
there going to be tens of millions of GTGP shares thrown into the market attempting to get out of this scam stock at any price before the REVOCATION makes them worthless..
tens of millions
what do you think that this is going to do to the stock price?
stevesox Saturday, September 29, 2012 9:13:11 AM
Re: Common Cents post# 65531 Post # of 65587
IF there is no news and IF some weak hands shake loose, then yes there COULD be some cheapies...maybe .80s or .70s I'd be shocked to see it go lower given all the DD that has not changed. That's a couple bigs IF's though, not something that can really be planned on though for those wanting more shares they just have to be ready...
GLTA...
Bart - with news or without news
GTGP will open in the $0.01 to $0.05 price range on Monday
eventually dropping to $0.0001/share and then REVOCATION
sorry, but that is just the way it is for scam companies that get caught by the SEC for the filing of fraudulent financials and fraudulent documents with the SEC...
the suspension by the SEC was for adequacy of publicly available information, a broad suspension implying that GTGP got caught with substantial fraud....
very simple indeed
Bart Van Herck Saturday, September 29, 2012 9:09:07 AM
Re: Common Cents post# 65531 Post # of 65587
If no news. But no news at all my shares wil be sold at 50 cents...
If there is good news 90 cents
If there is awesome news 1 dollar. Or maybe i hold. But im a bit afraid now so i think not.
Grtz
sctts, so you are going to believe the CEO of a company in a press release about the SEC suspension
a CEO of a scam company
that has filed fraudulent financial statements with the SEC
that has filed fraudulent sublicensing agreements with the SEC
that issued false and misleading press releases regarding a March 2012 3 day hot run test at a cement plant
that issued false and misleading press releases regarding an August 3 week hot run test at a cement plant
that has gotten the stock suspended by the SEC for adequacy of publicly available information - eventually leading to fraud charges by the SEC and REVOCATION
are you sure about this?
sctts Saturday, September 29, 2012 6:47:39 AM
Re: None Post # of 65578
Quote:
--------------------------------------------------------------------------------
I have taken the time over the last two days to confirm with both the SEC in Washington and the SEC Enforcement
Division Miami the reason for the suspension, which I believed was the case. This is what I was told in answer to my
questions. First, there was no Wells notice issued or sent to either me personally, the company or my attorneys. That
would have meant they wanted to receive information from the company unrelated to the financials. Second, it was
verified by them that the statement for the suspension for ten days was for the financial information needed only to
comply with the reporting company regulations stemming from errors made in 2007 and to the present 10Q. When I
asked them if they needed any other support documents or exhibits from the company or anything at all they said all
that is needed is the financial information to be filed on EDGAR.
--------------------------------------------------------------------------------
CEO letter to shareholders says it all. There can be no misstatements in this, as that would constitute fraud.
Case Closed
it was verified by them that the statement for the suspension for ten days was for the financial information needed only to
comply with the reporting company regulations stemming from errors made in 2007 and to the present 10Q. When I
asked them if they needed any other support documents or exhibits from the company or anything at all they said all
that is needed is the financial information to be filed on EDGAR
You will be surprised at how soon that will be, particularly with the involvement of Blech
IT IS NOW 1:12 AM EST SATURDAY, SEPT. 29TH
and just as was predicted:
1. No GTGP 3 week hot run test results from the cement plant announced.
2. No MSE acquisition.
3. No GTGP Cement plant contract announced.
and now yet another prediction:
By the close of trading Monday, Oct. 1st:
1. No GTGP 3 week hot run test results from the cement plant announced.
2. No MSE acquisition.
3. No GTGP Cement plant contract announced.
4. The stock price of scam company GTGP will open in the $0.01-$0.05 range in very heavy volume as current stockholders attempt to sell millions of GTGP shares into the market in a panic sell.
5. Not one new 10k or 10q filed with the SEC by GTGP.
GTGP or bust, there will be no buyout of GTGP at $22/share
there will be no buyout of GTGP at $2.20/share
there will be no buyout of GTGP at $0.22/share
there will be no buyout of GTGP at $0.02/share
in fact
there will be no buyout of GTGP
for no one, but no one, is going to want to purchase a scam company that has filed fraudulent financials and fraudulent documents with the SEC, with no revenues and no income and that has been suspended by the SEC and eventually charged with fraud by the SEC, and possibly the U.S. Attorneys Office.
A hoax cement plant 3 week test run doesn't help either as does a fake $100 million Navy Contract.
regarding the 273,000 short interest position on GTGP stock, most of those 273,000 shares will be covered on the first day of trading compared to tens of millions of shares that will be attempted to be sold into the market.
273,000 buys
versus
10 million sells
WHAT WAY DO YOU THINK THAT THE STOCK PRICE WILL GO?
I would pray for a swift buyout offer right at opening bell on monday morning for 22$ per share. Man, some of them who are short would be bankrupt!!
What a F'ing laugh this would be for me to have them squirming for shares at around 20$ to cover up.
SMDI Daily Tape Painting Summary - 9.28.12
- tape painting print at the ask in red
- block trades at the bid in blue
Time Price Volume Exchange
16:00:48 0.42 145 OBB
15:33:54 0.42 125 OBB
15:33:43 0.365 4675 OBB
14:56:36 0.42 200 OBB
14:56:32 0.38 200 OBB
14:56:32 0.38 200 OBB
14:54:26 0.351 1400 OBB
14:53:59 0.4197 200 OBB
14:53:55 0.39 200 OBB
14:53:54 0.39 200 OBB
14:53:42 0.38 4500 OBB
14:53:42 0.38 4500 OBB
14:52:20 0.38 150 OBB
14:52:20 0.38 150 OBB
14:52:04 0.39 125 OBB
14:52:04 0.39 125 OBB
14:51:59 0.39 125 OBB
14:51:59 0.39 125 OBB
14:51:52 0.371 5500 OBB
14:51:42 0.371 5000 OBB
14:51:41 0.371 5000 OBB
13:52:10 0.41 200 OBB
13:52:02 0.401 1600 OBB
13:52:01 0.401 3530 OBB
12:57:45 0.401 500 OBB
12:56:49 0.401 890 OBB
12:50:32 0.401 125 OBB
11:53:10 0.401 135 OBB
11:50:34 0.3711 5000 OBB
11:50:34 0.3711 515 OBB
09:35:22 0.42 200 OBB
Pre-Market Tape Paint
09:15:54 0.4197 125 OBB
Certainly not from operating cash flow, for SPNG had negative operating cash flow in the millions of dollars. SPNG used cash that was fraudulently obtained by RME, the entity controlled by Moskowitz and Metter, which sold SPNG stock that had the restricted legends removed due to fraudulent legal opinion letters written on stationery of a law firm that never existed and was made up by Moskowitz.
How did Spongtech pay for the acquisition of Dicon and how much?
The relationship with Duncan was pointed out initially as to why EIGH was potentially a scam company
puppy you forgot a very important thing here
red bold added
none of it really matters any longer
The judge will liquidate the company
The SEC will revoke the stock
The DOJ will go to trial
All the crooks will plead out or be convicted
The two main crooks will receive sentences of 20 to 40 years apiece.
in the end .. all share holders will lose 100% of their money
and the insiders/management will be held responsible for the crimes
they commited
Its all over but the crying
Sound familiar?
Let's see what the SEC had to say about GTGP current JV partner Solucorp in a fraud complaint filed with the Courts.
Let's talk about all those GTGP bogus contracts, agreements and relationships claimed in the press releases involving millions upon millions of revenues.
How many of GTGP's JV's and licensing agreements have already expired without GTGP notifying its stockholders and investors?
Now we know why the SEC recently suspended trading of GTGP securities.
http://www.sec.gov/litigation/litreleases/lr16388.htm
The Complaint alleges that in at least ten press releases, several regulatory filings, an annual report and a letter to shareholders, Solucorp's senior management: (1) claimed to have contracts that would generate over $350 million in revenues, when, in fact, the contracts did not exist or were subject to undisclosed material contingencies; ........The Complaint also alleges that Solucorp senior management failed to timely announce the termination or postponement of numerous previously announced material contracts.
sevenodouble, so what do you think that GTGP is going to provide the SEC when the SEC asks for proof of
1. The $100 million Navy Contract? (there was no $100 million Navy Contract)
2. The $3.5 million received from the two empty public shells in the sham sublicensing transactions? (GTGP never received the $3.5 milliion)
3. The March 2012 3 day hot run in the "Cement Plant" PR'ed by GTGP? (Never happened - instead, only occurred at a small scale at the test tube level in the labs of MSE)
4. The relationship with M2 Polymer and all those test results and contracts claimed by GTGP?
5. The JV with EMHI for MBS technology that GTGP claimed was purchased by EMHI. (EMHI never purchased the MBS technology from Solucorp)
6. GTGP claimed close relationship with the EPA and DOE? (there is no close relationship between GTGP and these two government agencies)
LMAO How can the SEC conduct an investigation when they don't ask for documents huh??! Too funny! Now lets say that SEC investigates a Pr, they don't need to be in contact for that with the company because this can found in the Pr section or 8K's or online, but when they need proof to see if a claim made is true than who do you think they turn to huh?! Wow, bravo, you guessed it, the company! The SEC asks, the company provides, the company has a question, and the SEC replies, without telling them the nature of the investigation... To me and every sane logical human being that is called working together, although not to be confused as working together on a regular work floor and cracking casual jokes at the coffee machine... I hope this clears your confusion?!!
Peggy, what has probably happened is that after all this time, and particularly after the SEC suspension, MSE (and its owners MERDI) have probably realized that they are dealing with a scam company in GTGP and will want to stay as far away as possible.
There will be no MSE acquisition by the private company headed by CEO Fallacaro, GTHI, or even by GTGP.
Peggy Friday, September 28, 2012 9:23:24 AM
Re: None Post # of 64892
Something does not make sense here. Despite claims from GTGP that a purchase of MSE is imminent, MSE has not said a word, pro or con.
In the world of penny stocks, that is a sure signal that MSE wants nothing to do with GTGP and is preparing to sue them.
Just what it appears from my view.
Just checked that Butte, Montana newspaper. Not a word since the story that said the buyout of GTGP was delayed indefinitely.
In addition, where is GTGP going to get the resources to make such a purchase. All shares are currently illiquid during the suspension and once the trading starts on grey ... well, when that happens the value of GTGP will surely plummet. MSE knows this and are keeping a wide moat between themselves and GTGP.
I think this is a train wreck in the offing.
SharpEyeNJ, you do understand that the company of the message board that you are now posting on, SPNG, got charged with massive securities fraud by the SEC, don't you?
The SEC found little evidence of naked shorting in SPNG
furthermore, the two officers/directors running SPNG were criminally indicted by the US Attorneys Office, arrested, hancuffed, jailed, let out on $2.0 bail and one is awaiting trial. The other one has already plead guilty and is awaiting sentencing. Each will spend at least 20 years in jail for their frauds.
Now, what is it that you were saying about the evil shorts?
SharpEyeNJ Friday, September 28, 2012 10:44:31 AM
Re: 236T568 post# 339562 Post # of 339563
Ok shorty, that's why you admitted you and others purposely bash stocks to get cheap shares, I have it saved, shorty. Who you tryin to fool?
Hurry up 'moderator', the faster you delete this the more guilty you are.
Because that is what scamsters do
Is he required by law to tell the truth, or can he just make stuff up as he goes along?
Why on this earth would he continue to make things up if that was the reason they suspended in the first place. That would be like threatening the judge that just ordered you to jail for a year....thus pissing him off and adding more to your sentence.
Doesn't make sense to me, but I guess others have no problems with illogical thinking.
SPNG issued 2.0 billion restricted shares, whereby the restrictive legends were removed with the use of fraudulent legal opinion letters directed by Moskowitz and Metter. Those shares were issued to related parties, consultants and promoters
The shares were then sold into the market, bought by unsuspecting dupes.
do the math at $0.05/share to $0.28/share for those 2.0 billion SPNG shares
Can u post a link to court documents that the SEC/DOJ found they sold $100MM illegal shares?like Nike Says just do it!! tia!!!
stevesox, speaking of great "DD", this is part of the wonderful DD that has been put together
How in the world can you conclude that GTGP has a $100 million Naval Contract from the two links that were provided in the "DD"?:
Navy Contract and GTGP:
www.containment.fsu.edu/cd/content/pdf/270.pdf
$100 Million Naval Contract:
investorshub.advfn.com/boards/read_msg.aspx?message_id=76498211
Fortunately, the truth about GTGP is very much as positive as is being discussed along with a ton of great DD. Closing with MSE appears imminent if not already done. Certainly there is hundreds of millions in revenue coming.
Monday is going to be a party for the longs, and ugly for the shorters.
Just the way it's gonna be!
GLTA...GTGP!
wrong yet again
not more than $1.0 in sales during that period as indicated by the SEC, after 1 1/2 years of investigation
$10million in sales between Jly 2009 and 2010...as indicated by auditors Alvarez and Marsal....good enough to get SPNG jump started.
payitaround, why are you posting false information about the share structure of GTGP?
In addition, why are you falsely subtracting 4.0 million shares from the Common Shares Outstanding to arrive at the freely trading shares?
Share Structure:
Authorized: 100,000,000
Outstanding: 38,778,420
Restricted : 17,926,475
Share Float: 20,851,945
CEO still owns his 17,926,475 of shares, as he has for many years & Solucorp Industries Ltd. holds $4 million in preferred stock for the MBS Technology & 1.5 mil of common stock are held by Beloyan Mark, see Form 3.
38,778,420 - 17,926,475 - 4,000,000 - 1,500,000 = 14,351,945 Free Trading Shares.
The share structure was at 22.17 mil in 2007, so thats only an increase of 16.6 mil in 5 years. Very prudent indeed!!
Navy Contract and GTGP:
www.containment.fsu.edu/cd/content/pdf/270.pdf
$100 Million Naval Contract:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=76498211
narnia, yes, thank you for pointing this out
During the next two weeks we are going to be watching recently SEC suspended scam company GTGP very closely.
narnia1000 Friday, September 28, 2012 1:41:40 AM
Re: None Post # of 64733
STILL CANNOT TELL THE DIFFERENCE BETWEEN A SCAM, AND A REAL COMPANY?
WATCH GTGP CLOSELY OVER THE NEXT TWO WEEKS.
CLASS DISMISSED.
GO GTGP
payitaround, sure - no problem
After reviewing the information that has been disseminated here over the years, it appears that the following revenues have been reported by GTGP (other than fraudulent revenues reported in sublicensing documents filed with the SEC by GTGP) for all those transactions, joint ventures, agreements, licensing, etc etc during the past 5 years:
ZERO REVENUES
very much appreciate pointing this out
Hang tough and take the time to critically analyze the information that has been disseminated here over the years, instead of focusing your attention on more recent negative activity that has surfaced surrounding the suspension of GTGP
choifunds, response in red
choifunds Thursday, September 27, 2012 11:00:05 PM
Re: None Post # of 64719
See what the opposing folks don't realize is that this utterly and completely different then any other POS/Scam stocks that went to the greys... Fundamentals is what they lack and excuse in all their instances, and it's a big part of this whole equation...
GTGP is a scam company with ZERO fundamentals, just like those other scam companies that got suspended by the SEC.
Can anyone tell me if the scams and pos's that did go on the greys, have any prospects of Multi-Millions of revenue or if any revenues at all?
GTGP so far has shown ZERO revenues for years and years and years. It has no prospects of any revenues into the future.
Did they have a monumental acquisition comparable as to the depth and sheer size of Mse's caliber?
The MSE acquisition will NOT close and if it did close, it will be the private company, GTHI, that will acquire it. GTGP stockholders will NOT benefit in any way from the acquisition of MSE since the alleged "dividend" of the GTHI stock to GTGP stockholders of record as of Dec. 24, 2011 will not be approved by FINRA.
Were they in the midst of receiving a published or certified benchmark from any governmental agencies such as the EPA or the DOE? I presume, absolutely not...
Same with GTGP - it will not receive any published or certified benchmark from any governement agencies for any product.
So you mean to tell me, with the current developments that are soon going to be announced from GTGP's operations, such as obtaining a huge acquisition, MM contracts/revenues, and an Industry Standard designated Benchmark, GTGP shares won't hold it's value, let alone grow? You've got to be kidding me...
There will be no developments from GTGP's operations announced of substance. Besides, GTGP has no operations - it is a one man company run out of the home of the CEO.
GTGP's Shareholders has never been shook nor wavered by any attempt in the past, by anyone or any group... We withstood just about everything and the Grey's is just going to be another prme example to the shareholders testament of faith... We are more then just longs, we are Legion...
Wake up! - GTGP has been suspended by the SEC and will be trading on the grey sheets forever, eventually dropping to the $0.0001/share stock price - unless, of course, the stock gets REVOKED by the SEC, which will be very likely since it would be much too risky for Fallacaro to file any audited financials of GTGP with the SEC - something about providing further evidence to the SEC and US Attorneys Office of GTGP's frauds..,
onehundredmph, can you tell me a littel more about this "share inbalance" for EIGH?
I am relatively new here and trying to figure this thing out
ef, I don't think that the Fidelity current bid/ask that is shown now means much
good luck with your trading on monday
SMDI Daily Tape Painting Summary - 9.27.12
- tape painting print at the ask in red
Just about every tape paint print at the ask right after a block trade at the bid
Time Price Volume Exchange
15:58:48 0.42 110 OBB
15:58:15 0.37 2000 OBB
15:54:54 0.43 125 OBB
15:53:44 0.42 100 OBB
15:53:09 0.42 125 OBB
15:52:53 0.42 4870 OBB
15:51:58 0.42 150 OBB
15:51:53 0.40 9000 OBB
15:51:50 0.40 9000 OBB
15:50:55 0.39 6000 OBB
15:47:13 0.37 5000 OBB
15:05:12 0.42 2693 OBB
15:04:56 0.42 125 OBB
15:04:31 0.38 6000 OBB
14:56:11 0.38 10500 OBB
14:30:47 0.41 6500 OBB
14:30:32 0.38 5000 OBB
14:24:22 0.38 600 OBB
14:23:29 0.39 600 OBB
14:23:04 0.38 3000 OBB
14:23:02 0.42 115 OBB
14:22:44 0.38 3000 OBB
14:22:41 0.38 3000 OBB
14:22:17 0.43 110 OBB
14:22:08 0.38 3000 OBB
14:22:03 0.38 7500 OBB
14:22:03 0.42 125 OBB
14:21:05 0.38 3000 OBB
14:15:32 0.43 110 OBB
14:14:11 0.40 5000 OBB
14:10:42 0.45 110 OBB
14:09:41 0.40 1800 OBB
14:09:41 0.40 2760 OBB
14:08:40 0.42 197 OBB
14:08:38 0.42 20303 OBB
14:08:18 0.41 5000 OBB
14:07:36 0.41 6000 OBB
14:07:09 0.41 6000 OBB
13:53:44 0.40 105 OBB
13:53:25 0.37 7500 OBB
13:39:34 0.40 115 OBB
13:39:24 0.39 5000 OBB
13:37:41 0.42 125 OBB
13:35:46 0.41 69000 OBB
12:56:10 0.42 110 OBB
12:56:00 0.39 4100 OBB
12:50:39 0.45 115 OBB
12:50:30 0.39 5000 OBB
12:49:25 0.45 125 OBB
12:49:21 0.42 5000 OBB
12:49:09 0.41 5000 OBB
12:48:21 0.41 5000 OBB
12:47:57 0.40 5000 OBB
12:47:15 0.40 2800 OBB
12:47:14 0.40 2200 OBB
12:47:04 0.39 10000 OBB
10:47:26 0.39 110 OBB
10:47:16 0.37 5000 OBB
09:52:02 0.42 130 OBB
09:51:55 0.40 125 OBB
09:49:45 0.38 5000 OBB
Pre-Market at above the ask
09:22:17 0.49 110 OBB
Amazingly, that was 40% of the Outstanding Common Shares at the time he sold those 56 million shares into the market
The opinions that he provided the transfer agent enabled Bryant to acquire stock certificates without restrictive legends for EIGH's restricted securities, thereby allowing Bryant to sell 56.8 million EIGH shares into the market that he could not have otherwise sold
It appears that someone has uncovered the true downside to investing in scam pink sheet companies
Thank you very much and yes! Indeed, although I've been investing for decades on big boards and mutual funds, I have only dabbled in stocks at this level for the last few years. I've learned quite a bit though and the experience has let me make some really nice gains. You see all kinds of stuff on this level and you really do have to be careful. Peronally I'm looking for the rare gem that is real, genuine, backed up by really thorough DD, and likely to break out and move up. GTGP did and still does meet all those requirements. That is the fun and satisfation of investing at this level. But there is a downside, and it resides in shorts and other manipulation designed to take advantage of honest investors. We're seeing a great, great deal of that with GTGP. But in the end you stick with what got you here to begin with, the DD, the facts, the most reasonable and most likely scenarios to happen based on what you know. And for me at least, that is GTGP is a real winner and the PPS will rise so much more accordingly. Manipulation may hold it back at times, may hold it down at times, but it will not stop GTGP from becoming a life changing stock for those who own it. IMHO!
GLTA...GTGP
steveson, actually on Monday the 1.7 million GTGP shares will be worth around
$17,000-$85,000
since the GTGP stock price is going to open in the range of $0.01-$0.05/share
good stuff eh?
stevesox Thursday, September 27, 2012 6:03:01 AM
Re: narnia1000 post# 64186 Post # of 64411
Heck yeah, very tiny issue as part of the deal for MSE. No brainer there. Such a small issue in a non-trading week, no affect on float and MSE knows very well what those shares are REALLY worth within the next few weeks and months...1.7 million = 1.7 BILLION?!?!
No other reason to do it...
GLTA...GTGP
and your point of this is what?
what in the world can you possibly prove by stating that these three people brought out the frauds in SPNG after some vendors were paid in full?
USTA NOT in creditors! SpongeTech PAID IN FULL BEFORE Kaja, TimOTHY, Patch ATTACKED us!
payitaround, take the time to review the red bold in this post that you are replying to:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79975626
If the SEC suspended the GTGP stock due to financial statement filings, it would have stated as such, as shown with those several other companies in red bold.
Publicly available information about GTGP refers to more than just the financials filed with the SEC:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79975526
Look for this stock to open in the $0.01 to $0.05/share range on Monday.
I hope this helps
" It is much broader - it is about publicly available information about the company."
REALLY?
What....other than financial filings ..... do you think the SEC is referring to?
Did he leave somehting out of PRs that the SEC thought was important.
Whatever point you are trying to make here either eludes me or just further proves the point it was about the filings and nothing else as Jim's statement to shareholders clarifies:
"Second, it was verified by them that the statement for the suspension for ten days was for the financial information needed only to comply with the reporting company regulations stemming from errors made in 2007 and to the present 10Q. When I asked them if they needed any other support documents or exhibits from the company or anything at all they said all that is needed is the financial information to be filed on EDGAR."
Oh wait.....I forgot you already illuminated that he's lying about what the SEC told him and should be fleeing the company as we speak before the SEC finds out he twisted their words.
Really?
buc, I think that you missed this post that clearly shows what happened to those 1.7 million freely trading GTGP common shares that have recently been issued:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79958900
because, certainly, GTGP could NOT have issued freely trading shares to MSE - they would have had to have been restricted.
seems that NOBODY challenged the thinking the 1.7 million shares in the share structure was to pay for mse!...i think ALL parties feel it is so the longs are the only one talking about it as being done deal...
Ripnrog, WOW - thanks for the post on the companies that also got suspended along with GTGP.
It appears that GTGP has the much more broader "publicly available information about the company" than all of the other companies. It is not about just financial statements as shown in red for the other companies. It is not just about press releases as shown in some. It is not just about the company's operations as shown in some. It is not just about issuance of shares as shown in some. It is not just about revenues as shown in some. It is not just about public filings as shown in some. It is much broader - it is about publicly available information about the company.
If it was only about the filings of the financial statements, it would have stated as such!
This is really not good for GTGP.
Ripnrog Thursday, September 27, 2012 12:27:50 AM
Re: None Post # of 64255
I mean lets keep it real here there were even very specific as to what the problem was about for each company. it is very clear we had adequacy issue only.. this is fixable... nothing will change my mind about that... there is no fear, uncertainty or doubt.
1. AER Energy Resources, Inc. is a Nevada corporation based in Arizona. Questions have arisen concerning the adequacy and accuracy of press releases concerning the company’s operations.
2. Alto Group Holdings, Inc. is a Nevada corporation based in Washington State. Questions have arisen concerning the adequacy and accuracy of publicly available information about the company’s operations, and concerning issuances of shares in the company’s stock.
3. Bizrocket.com Inc. is a Nevada corporation based in Florida. Questions have arisen concerning the adequacy and accuracy of press releases concerning the company’s revenues.
4. Fox Petroleum, Inc. is a Nevada corporation based in New York. Questions have arisen concerning the adequacy and accuracy of press releases concerning the company’s operations.
5. Geopulse Explorations Inc. is a Nevada corporation based in New Mexico. Questions have arisen concerning the adequacy and accuracy of press releases concerning the company’s operations.
6. Global Technologies Group Inc. is a Florida corporation based in Florida. Questions have arisen concerning the adequacy of publicly available information about the company.
7. KMA Global Solutions International Inc. is a Nevada corporation based in Ontario, Canada. Questions have arisen concerning the adequacy and accuracy of press releases concerning the company’s operations.
8. Mike the Pike Productions Inc. is a Wyoming corporation based in Indiana and California. Questions have arisen concerning the adequacy and accuracy of press releases concerning the company’s operations and the accuracy of its financial statements.
2
9. Mobile Star Corp. is a Delaware corporation based in California. Questions have arisen concerning the adequacy and accuracy of press releases concerning the company’s operations.
10. SavWatt USA, Inc. is a Delaware corporation based in Maryland. Questions have arisen concerning the adequacy and accuracy of press releases concerning the company’s operations.
11. Scorpex, Inc. is a Nevada corporation based in Nevada. Questions have arisen concerning the adequacy and accuracy of press releases concerning the company’s operations.
12. Silver Dragon Resources Inc. is a Delaware corporation based in Ontario, Canada. Questions have arisen concerning the adequacy and accuracy of publicly available information about the company’s operations.
13. Strategic Mining Corp. is a Wyoming corporation based in Ontario, Canada. Questions have arisen concerning the adequacy and accuracy of press releases concerning the company’s operations.
14. Surgline International Inc. is a Nevada corporation based in Florida. Questions have arisen concerning the adequacy and accuracy of press releases and public filings concerning the company’s operations.
15. Thrive World Wide, Inc. is a Nevada corporation based in Wisconsin. Questions have arisen concerning the adequacy and accuracy of press releases concerning the company’s operations.
3
16. Zamage Digital Art Imaging, Inc. is a Nevada corporation. Questions have arisen concerning the adequacy and accuracy of press releases concerning the company’s operations and the accuracy of its financial statements.
Whoaa Nelly!
"publicly available information" is NOT just the financials filed with the SEC. It is press releases, it is 8K's filed with the SEC, including documents and press releases included in those 8K's, it is quotes made in the newspapers such as the Montana Standard by the CEO, it is information included in the company's website, it is test results issued by entities hired by GTGP and made public, it is representations that stockholders have made after talking on the phone or emailing the CEO of the Company, it is everything.
Good luck there.
6. Global Technologies Group Inc. is a Florida corporation based in Florida. Questions have arisen concerning the adequacy of publicly available information about the company.
clear to me adequacy only
all the rest clearly st adequacy and accuracy
Another Excellent Post by Renee Regarding the SEC Suspension of GTGP
Renee Wednesday, September 26, 2012 11:59:13 PM
Re: None Post # of 64239
The adequacy assignation in the SEC Suspension Order was the only description the SEC needed to get the Suspension Order from SEC Enforcement.
The broader description was written in the Suspension Notice public release which was generalized but also encompassing.
The Commission temporarily suspended trading in the securities of the above-listed issuers because of questions regarding the adequacy and accuracy of information about the companies, including their assets, business operations, current financial condition and/or issuances of shares in company stock.
Any Litigation filing will completely articulate the specific charges against each of the 16 companies.
This Suspension for GTGP is not necessarily about the prolonged delinquency of Financials and is necessarily about the "adequacy" of information already disseminated by Global Tech in 8-K's, news releases that may be deemed to be any combinations of misleading, embellished, and false. The SEC alludes to Global Tech's business operations that may not be as the company describes to the public. The SEC also has questions about Global Tech's current financial condition that may not be as the company describes to the public. Lastly, the SEC has questions about Global Tech's issuances of shares in company stock.
None of the above "questions" which is SEC-speak for allegations can be remedied by Global Tech filing any or all Financials or whether the company lands a multi-gazillion dollar contract. This Suspension is about actions already committed by the company that won't just go away. The company will be compelled to answer for those past actions.
Hoping that any type of news will absolve the company of their past actions is false hope.
Yes, the SEC, EPA and DOE are working together to pursue GTGP and CEO Fallacaro for the false and misleading claims that they have made regarding the true relationship between GTGP and the EPA and DOE.
Looking forward to reviewing the SEC Litigation Release on this one.
Regarding the timing of the SEC fraud complaint against GTGP and Fallacaro?
It might be a few months before it happens. The stock could very well be REVOKED by then.
THE SEC IS ON THE SAME PAGE NOW AS THE EPA, AND THE DOE. THEY KNOW WHAT IS AT STAKE NOW, AND THEY ARE WORKING TOGETHER TO MAKE THIS HAPPEN A.S.A.P.!
GO GTGP!