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SMDI Daily Tape Painting Summary - 9.24.12
- tape painting print at the ask in red
- pre-market tape painting print at above the ask in red
Time Price Volume Exchange
15:57:28 0.44 110 OBB
15:56:27 0.42 2500 OBB
15:56:03 0.42 2500 OBB
15:55:50 0.40 5000 OBB
15:55:49 0.40 4890 OBB
15:54:38 0.41 6000 OBB
15:53:42 0.40 110 OBB
15:53:42 0.40 4890 OBB
15:51:05 0.40 110 OBB
15:51:05 0.40 110 OBB
15:50:50 0.38 6500 OBB
10:39:09 0.39 110 OBB
10:36:41 0.35 4000 OBB
09:38:05 0.40 500 OBB
09:34:45 0.40 110 OBB
09:34:20 0.38 4200 OBB
Premarket:
09:21:31 0.45 110 OBB
09:21:15 0.44 100 OBB
honeybadger, scam companies like CHMR often forget what they have issued to the public and filed with the SEC and eventually most of them will contradict their own public statements, underscoring that the company is a scam....
more to come...
stevesox, there is no desire for GTGP shares. Come Monday millions of shares will be available at below $0.05/share.
GTGP will open on Oct. 1st in the $0.01 to $0.05 range
eventually falling to the $0.0001/share price, unless it is REVOKED by the SEC, which is a very serious possibility
don't believe me?
how did my prediction of the SEC suspension of GTGP work out?
how did my prediction of the "no MSE acquisition by Sept. 17th" work out?
The desire for GTGP shares at all levels is blatantly obvious. The only real question is for what price. That is what is being fought for.
GLTA...GTGP
Each of the two PEMEX letters is addressed to "To Whomever it concerns", with just the name of the Chimera Energy Corp, no address for Chimera and no name of officer or representative of Chimera. The PEMEX stationary has no telephone number for them - never seen this on any corporate correspondence.
The first letter is dated Aug. 8th, and invites CHMR to send a proposal for the new process but doesn't describe the process. Unbelievably that is the same date that CHMR issued a press release that they had signed a MOU with PEMEX - ha!
The second letter just invites CHMR to visit the fields (probably for the first time) and is dated only 10 days ago, Sept. 14th. Remember that CHMR had issued a press release around then that it was already shipping equipment to the PEMEX fields...
PUNL down 60% today on 1.5 million share volume
Excellent post by BigBake1:
BigBake1 Tuesday, September 25, 2012 12:56:41 PM
Re: kfa670 post# 63428 Post # of 63463
How many times must it be pointed out they were an exchange listed security sent to the OTC? It doesn't matter how long they were on the OTC before the suspension, the vetting process is different for an exchange listed security due to prior 15c-211 compliance and not being vetted on the OTC but an actual exchange.
Many exchange listed securities fail and are sent to the OTC and the greys for that matter and the vetting process is much easier due to the prior exchange listing.
sctts, sorry but GTGP will NEVER file the 28 10qs and 10ks needed to get current on its financials filed with the SEC...
Much too much risk for CEO Fallacaro
For instance, what does Fallacaro do regarding the fraudulent sublicensing agreement that GTGP filed with the SEC?:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79836159
Does GTGP show the truth on the Balance Sheet and Cash Flow Statement, that the $1.25 million cash was NEVER received by GTGP - thereby giving the US Attorneys Office all the evidence needed to file criminal fraud charges against Fallacaro?
or
Does GTGP file fraudulent financials showing in the Balance Sheet and Cash Flow Statement falsely showing that it did receive the $1.25 million cash? - Eventually leading to criminal fraud charges filed by the US Attorneys Office against Fallacaro?
THIS IS ONE OF THE MANY REASONS WHY GTGP WILL NEVER FILE THOSE 28 10Qs and 10Ks iwth the SEC - much too much risk for Fallacaro.
Gomez, the SEC has not yet charged GTGP with fraud. You will know when they file a complaint with the Federal Courts.
Look for the SEC Litigation Release on this matter in the near future, it will contain the actual fruad complaints.
Your statement that you cannot have a fraud if the SEC did not issue a Wells Notice is completely and totally false.
good try though
Thank you for proving our point that the SEC did NOT charge GTGP with fraud. Nice to finally move away from that fraudulent claim.
SEC wants financials only, of which CEO is working! Cannot have a Scam if the SEC did NOT issues a WELLs notice, thank you for clearing that up as well!
SEC had months to look into those PRs and 8Ks but as u pointed out so nicely, they did not claim any accuracy issues.
GTGP is the real deal!
MSE acquisition !
MSE report!
AShgrove contract!
Gregg, so I take it that you don't believe that 4 years without revenues in the MBS soil remediation area for GTGP is not too long?
So if GTGP 4 years from today, GTGP still has not signed a cement contract for MBS, it would still be ok with you?
Time after time after time after time GTGP has announced this and that this and that deal and JV and Licensing, yet has produced ZERO revenues during all of these years.
lets take a look at the previous public company that Fallacaro was CEO of:
Zero revenues also
see a pattern here?
interesting also, that we have been repeatedly told, over and over, just in the last couple of hrs
at least 3 times that GTGP received the rights 4 yrs ago and has yet to produce revenue
besided spamming the board, not sure what we are supposed to get from this repeated, known fact
it takes time to put things together
good thing is, now, at this very point
GTGP is on the cusp of putting those EXCLUSIVE licenses to very good use
buckets of money to be made by both the co, and shareholders who hold their shares for much higher levels
fundamentals remains beyond solid for GTGP
contracts are imminent
mark it
gregg, correction for you
Just because the SEC has not formally filed a fraud complaint against scam company GTGP does not mean that it "has not done anything related to fraud". All it means is that it has not been "charged" with fraud at the moment.
and for an investor, by the time GTGP gets charged with fraud by the SEC, it will be much too late to sell into the market...
good try though
Rip
GTGP has not done anything related to fraud, nothing in the SEC complaint even comes close to stating such
matter of fact, Jim even stated in the last pr, that he contacted both SEC offices and was told that the only problem was w the filings
that can, and will be taken care of
right now, i'm looking forward to MSE acquisition announcement
should be any day now
maybe even in a few hrs
who knows ?
pre marked pr perhaps ????
Ripnrog, in response to your question, here it is again:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79855924
the links to the fraudulent SEC financials and documents by GTGP are included in those posts.
I hope this helps
how come every time I ask for links to SEC document I get links to posts made here on IHUB.. Oh yeah it is because no links exist... GTGP didnt file .. it will be fixed.. I wonder f the brokers who are calling for shares had something to do with this bump in the road?
shibbitz, read it again:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79855924
GTGP was told by its auditors that the 2007 financials filed with the SEC were materially false and misleading.
So what does Fallacaro do?
In Sept. 2011 he filed THE EXACT SAME 2007 FINANCIALS with the SEC knowing full well that they needed to get revised were were materially false and misleading
one cannot, under any circumstance, make it more clear that Fallacaro filed false and misleading financials statements with the SEC.
good try though
look for a GTGP stock price of $0.01 to $0.05 on opening day, eventually drifting to the $0.0001/share level until it is REVOKED BY THE SEC
GTGP never filed any false or misleading financial statements. They just didn't file statements on time. Don't trust bogus links to more links with no links of anything but opinion.
ripnrog, ask and you shall receive
here you go:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79855924
Any SEC documents that show fraud or anything from GTGP.. been asking for a week now I hear folks say the word scam and fraud yet the SEC says different.. in fact GTGP is the only stock that has been suspended in 2 years to be suspended for adequacy only.. yep we are the 1%er.. in fact since there were over 1000 stocks suspended in that time doesnt that make us the .0001%er... yep we will make it back after the greys....
Ripnrog, wow!...great stuff
and it has now been 4 years since GTGP acquired the license for soil remediation and the following are the revenues that it has produced for GTGP in those four years:
ZERO REVENUES
so...thanks for bringing this up
Global Tech has an exclusive licensed patented Molecular Bonding System (MBS®) to clean earth polluted with heavy metals using an EPA tested and approved method, which qualified it for Superfund approval.
ha!...good one
Having the SEC suspend a company is very significant.
They don't suspend stocks for minor offenses since it pretty much kills the company forever...
good one
A good buddy of mine knows someone with a high position in the SEC, it's his 'ex' but in good terms in the Miami location, and was told by my friend he spoke to that person regarding Global because I got him invested into this and he was informed that Global's situation was 'very minor', that's all that could be said since insider info is restricted.
I'm not gonna mention any names, I don't care if the 'negative' people don't believe me because its very true, and because they're only allowed to dish out limited info that's all he could find out.
shibbitz, GTGP filed fraudulent financial statements with the SEC:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79509518
and
GTGP filed fraudulent documents with the SEC:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79836159
in order to artificially inflate the stock price and trading volume of GTGP
GTGP issued 16 million shares since 2007 to related parties, consultants and others. Most have been sold into the market. You will see how much was sold into the market when the above fraudulent fins and docs were filed with the SEC once the SEC Litigation Release is issued.
do you have any links or proof of ceo stealing money? Also you keep saying scam, any proof to this accusation as well. I don't think not filing financials falls under the category of scam. Or is this a game called lets who can say scam the most. If this is the case.... you win.
sctts, good one
now you are claimig that GTGP is far more valuable than the company that it has licensed its MBS technology for soil remediation from and has a 50/50 joint venture with for MBS treatment of cement plants
good one
Excellent point by The Shibbitz,
GTGP is far mor evaluable than SLUP, minimum 10 times more valuable, hmmm, puts it about $1 per share, for starters
Before Jim bombs away
sctts, tell us
what is a "panicked buyer" of GTGP stock?
certainly if someone doesn't own the stock, why would they be in panic mode to buy it?
now, if you are talking about panic sellers, that is a different story.
if you own GTGP stock and realize that it is going to open on Oct. 1st with an 80% to 90% drop in price since the last trade before the suspension, then you would be what would be called a "panic seller."
No, No, No, Buddy, not at all
It is the upcoming
MSE acquisition
Cement contracts
Hotrun results
Now thats what is is bringing out panicked buyers,
At least we agree on the panicked buyers part, :)
GTGP - Those high quality independent research reports from OtcLive and Tri-Sate Capital
From the GTGP press release:
http://www.marketwire.com/press-release/global-technologies-group-inc-receives-strong-upgrade-by-respected-research-firm-1225397.htm
Global Technologies Group Inc. Receives Strong Upgrade by Respected Research Firm
"Company President James Fallacaro states, "We are honored to have a quality independent research firm review our overall operations, progress and to provide the resulting upgrade in our stock. This provides further confirmation to our shareholders that our company is headed in the right direction." Mr. Fallacaro further stated..."
this is the website that wrote and carried the report:
http://www.otclive.com/index.html
this is the report:
http://www.otclive.com/GTGP.pdf
and this is what the firm that wrote the repost stated in the disclaimer:
"Tri-State Capital received $10,000 in compensation for work on the subject company from a third party....."
"This Independent analysis and judgment relies on material supplied by the subject company and other sources, such as SEC filngs believed to be reliable....."
"Tri-State Capital did not conduct an independent due diligence to verify the accuracy of the information contained in this report"
GTGP - Those high quality independent research reports from OtcLive and Tri-Sate Capital
From the GTGP press release:
http://www.marketwire.com/press-release/global-technologies-group-inc-receives-strong-upgrade-by-respected-research-firm-1225397.htm
Global Technologies Group Inc. Receives Strong Upgrade by Respected Research Firm
"Company President James Fallacaro states, "We are honored to have a quality independent research firm review our overall operations, progress and to provide the resulting upgrade in our stock. This provides further confirmation to our shareholders that our company is headed in the right direction." Mr. Fallacaro further stated..."
this is the website that wrote and carried the report:
http://www.otclive.com/index.html
this is the report:
http://www.otclive.com/GTGP.pdf
and this is what the firm that wrote the repost stated in the disclaimer:
"Tri-State Capital received $10,000 in compensation for work on the subject company from a third party....."
"This Independent analysis and judgment relies on material supplied by the subject company and other sources, such as SEC filngs believed to be reliable....."
"Tri-State Capital did not conduct an independent due diligence to verify the accuracy of the information contained in this report"
cino, the only reason why the product got good reviews is because the reviews were made by SPNG zealots or people associated with Moskowitz and Metter...
this was a scam from the beginning with a worthless product that rarely sold, even though tens of millions of dollars in advertising was made
narnia, another good one
450,000 Brownfield sites
4 years with the MBS soil remediation license for this by GTGP
and the result during these 4 years?
ZERO REVENUES for GTGP
narnia1000 Sunday, September 23, 2012 7:20:15 PM
Re: 236T568 post# 62570 Post # of 62637
WOW 236T568, YOU JUST REMINDED US OF THE FOURTH ACE THAT JIM & GTGP ARE HOLDING. THE 450,000 BROWNFIELD SITES IN THE U.S. ARE DEFINITELY WORTH YOU MENTIONING. NOT A SMALL MENTION BY ANY MEANS. MONEY IS MONEY, AND WE APPRECIATE THAT YOU ADVOCATE ON GTGP'S BEHALF.
450,000 BROWNFIELD SITES
118 CEMENT KILNS
FIVE TIMES THAT AMOUNT IN POWER PLANT BUSINESS
MSE REPORT
BENCHMARK DESIGNATION FROM THE EPA
DOE CONTRACT AY Y12
MAYBE THERE SHOULD BE MORE THAN FOUR ACES IN A DECK!?
EITHER WAY, JIM & GTGP ARE HOLDING ALL THE ACES, AND THEN SOME!
hahaha! MAKES ME GIDDY JUST THINKING ABOUT IT!
GO GTGP
ha!...classic - and when all else fails
the good old, "We are going to get acquired" bit
not going to happen
no one, but no one, except another scam company, will want to acquire a scam company like GTGP.
The biggest question that stockholders should face here is:
Just like the previous public company that GTGP CEO Fallacaro managed, HAS GTGP ALREADY TRANSFERRED ALL OF ITS ASSETS TO FALLACARO AND/OR HIS WIFE - leaving a completely empty shell company for current stockholders?
choifunds Sunday, September 23, 2012 7:14:42 PM
Re: Bridge Jumper post# 62597 Post # of 62637
Exactly my sentiment Bridge, a suitor could propose a tender offer now, before the purchase price increases up exponentially... Once we get confirmed contracts on a few of these Cement Companies/Plants and a big contract here and there for the public sector, a bidding war can officially arise...
There are other scenarios out there such as a share for share exchange program or a merge where we won't have to compromise for a small tender offer.
But we also have a strong and compelling case, second to none, to get us off the greys by going through the conventional route...
madeindet, I am sorry, but I seemed to have missed it
the reason that you are pointing out a market maker that got in trouble with enforcement, and whom has hundreds of companies that it makes a market in, has WHAT to do with the fact that SPNG's top two officers, Moskowitz and Metter, defrauded investors of more than $100 million in a massive fraud schemed whereby the issued 2.0 billion SPNG shares to related entities, consultants and promoters, and issued fraudulent press releases and filed fraudulent financials with the SEC?
sure, no problem
GTGP is a scam, which has filed fraudulent financial statements and fraudulent agreements with the SEC
GTGP got suspended by the SEC
GTGP will be trading in the grey sheets on Oct. 1st and never leave the grey sheets unless REVOKED
I hope this helps
RIDICULOUS PRICES ESTIMATES HAVE ZERO BASIS IN TRUTH.
PLEASE POST ONE IOTA OF EVIDENCE TO SUPPORT SUCH A CLAIM?
GO GTGP
Kubisiak, you can get plenty of GTGP shares on opening day, Oct. 1st, in the range of 1 to 5 pennies each
or
you can wait a few weeks and purchase the stock for about
$0.0001/share
good luck either way
Cool. I like what I see. And theres bad guys here to defeat as well ;)
Ill try and get some when I can. Good luck to you guys.
narnia, ha!
back to soil remediation?
now that
the MSE acquistion will not close
the cement plant 3 week test run was a HOAX
and there will be no cement plant contracts
ok, thanks
THIS PRETTY MUCH SAYS IT ALLLLLLLLLLLLLLLLL!
NEW FORMULATED TREATMENT
OUCH! FACTS HURT!
"new formulated treatment which will concentrate on mercury contaminated soils. Different forms of mercury in varying concentrations will be added to spike the soil for the treatability testing. This testing is specifically designed for the Department of Energy for contaminated river and stream sediments and soil"
FAT CONTRACT COMING TO GTGP/MSE/M2POLYMER FROM THE DEPARTMENT OF ENERGY
NO TWO WAYS AROUND IT NO MATTER WHAT ATTEMPTS ARE MADE TO "SPIN' IT!
ha!
getting 10,000 GTGP shares on opening day, Oct. 1st
will cost approximately $0.01 to $0.05 per share
or $100 to $500 in total for all the 10,000 GTGP shares
that is it
TRYING TO GET A CONTEMPTIBLY SMALL (MEASLY) 10,000 SHARES WILL COST YOU DEARLY NOW
nope, Jim was still CEO of the other company when its problems began after quickly running out of the $9.0 million cash that was raised in cash. Jim then transferred out all the assets of the other company to him and/or his wife. The company then was VOIDED by the State of Delaware, after Jim, as CEO of the company failed to file annual reporst and pay corporate taxes to the State of Delaware. All of this while Jim was still runnng the company, which proved to have ZERO revenues during the time that he ran the company.
good try though
say, wouldn't it be real funny if Jim has already transferred out all the assets, including licenses and JV agreements and the ownership of GTHI, out of GTGP and into his and/or his wife's possession?
funny indeed
Jim left falcon and 7 years later they had problems not jims fault no scam no proof cause there is no wrong doing
Paul, scam companies typically tend to delete press releases which include fraudulent statments made by them from their website. In the case of the GTGP Auguest 24, 2011 press release, see bold below:
http://www.marketwire.com/press-release/global-technologies-group-inc-shareholder-update-pinksheets-gtgp-1553312.htm
Global Technologies Group, Inc. Shareholder Update
SARASOTA, FL--(Marketwire - Aug 24, 2011) - Global Technologies Group, Inc. (PINKSHEETS: GTGP) is pleased to announce that, in conjunction with our partner company MSE Technology Associates (WWW.MSE-TA.COM), we have requested follow-on testing of the combined M2 Polymer/MBS new formulated treatment which will concentrate on mercury contaminated soils. Different forms of mercury in varying concentrations will be added to spike the soil for the treatability testing. This testing is specifically designed for the Department of Energy for contaminated river and stream sediments and soil that should benefit from this combination of treatment agents and also uses for this treatment during the deactivation and decommissioning (D & D) phase for specific site clean-up needs, especially for mercury treatment of contaminated soils or sediments during D & D activities at the Oak Ridge National Laboratory (WWW.ORNL.GOV). It should be noted that MSE has completed projects and testing at ORNL and has offices at Oak Ridge.
MSE, as part of its recommendations, will also do treatability testing of MBS, concentrating on testing soils spiked with uranium and thorium, which will cover a wide range of applications within the DOE for radioactive materials including Uranium, which is a by-product of the processing plants and contaminated soils from uranium mine tailings, as well as the preventing of leach ability of the radioactive contaminated soils into water tables, wells, streams and rivers. The final testing results will also be included in the Waste Management presentation by MSE.
"We are pleased that MSE is now including Global in its submissions to the various agencies it currently has contracts with and has paved the way for Global to penetrate the top tier within the government agencies. It has always been part of our business plan to partner with the top companies within the technology field and brings tremendous credentials to Global to be included as a partner and licensee of both M2 and MSE," stated J. Fallacaro, President.
Updates:
MSE is preparing a full comprehensive report which will include all partner companies (MSE, Global, M2 and Solucorp) for distribution to all appropriate government agencies. This will be the first time all of our partner companies will be represented as a group capable of handling all aspects of remediation and hazardous waste cleanup. This information is going to all the major bidders for the Navy contract as well. This report will be placed on Global's website upon completion.
We are currently working with MSE and Solucorp to design a retrofit for a well-known cement plant for the removal of mercury from flue gasses in the production of cement and are awaiting final technical discussions to move forward on this important project.
Pending business regarding the Sawgrass project and other projects are still not concluded as of now and we are awaiting final decisions on them. Upon notification we will immediately distribute that information to our shareholders.
Financials
We are working on the financials and hope to start filing them prior to September 30.
Potential Acquisition
We are still in discussions regarding this potential acquisition and hope to have the parameters worked out in order to close. The timeframe on this potential acquisition is unknown as of this date and there will be no further updates until we have a final outcome.
For additional information on MSE, MBS, M2 and please visit our website at WWW.GLBTECH.COM
Global Technologies Group, Inc. (GLOBAL) is a company that is in the business of acquiring exclusive licenses and distribution and reseller contracts on proven technologies in the environmental, green and war fighter industries. The criteria for the licensing or distribution agreements of the technologies are: they must be proven, validated and in use. The business plan of Global is to sublicense the technologies it acquires to companies in Countries covered under the original license grants and for its own use. For our exclusive distribution and reseller agreements, we partner with appropriate representatives in the covered countries for resale of turn key projects.
Contact Information
Contact
James Fallacaro
Email Contact
941-685-1616
WWW.GLBTECH.COM
Rignrog, the "other" company?
Jim, as CEO and controlling person of the other company, raised $9.0 milion cash, which was gone in a few months, then transferred all of the assets of the other company to him and/or his wife. There were Zero revenues in the other company, even after the $9.0 million was raised. Then Jim failed to file annual reports with the State of Delaware and pay taxes, forcing the State of Delaware to VOID the other company, while it was still publicly traded:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79768365
"Jim" has now caused the SEC to SUSPEND GTGP.
One has to wonder, at this time, whether Jim and/or his wife have already TRANSFERRED OUT ALL THE ASSETS OF GTGP, INCLUDING ALL CONTRACTS TO THEMSELVES.
I am not convinced to do anything but hold and buy more.. Jims "other" company was not even his for 7 years when it had problems.. Still holding and accumulating for me.. The dd tells me to
narnia, thanks for reposting the false and misleading GTGP August 24, 2011 press release that has been DELETED from the GTGP website. The only deleted press release on the list of GTGP press releases in the website for 2011 and 2012 (up to June).
It appears that the claims by GTGP of its true relationship with the EPA and/or DOE has been a Hoax all along.
narnia1000 Sunday, September 23, 2012 2:51:19 PM
Re: None Post # of 62521
Quote:
--------------------------------------------------------------------------------
236T568 Member Profile 236T568 Member Level Saturday, September 22, 2012 2:45:13 AM
Re: Gomez326 post# 62074 Post # of 62352
what new technology are you talking about?
--------------------------------------------------------------------------------
Seriously?
Jim has told of of this new technology for over a year. PR's NEED TO BE READ for arguments to have credibility:
Jim's clue from Aug. 2011:
SARASOTA, FL–(Marketwire – Aug 24, 2011) – Global Technologies Group, Inc. (PINKSHEETS: GTGP) is pleased to announce that, in conjunction with our partner company MSE Technology Associates (WWW.MSE-TA.COM), we have requested follow-on testing of the combined M2 Polymer/MBS new formulated treatment which will concentrate on mercury contaminated soils. Different forms of mercury in varying concentrations will be added to spike the soil for the treatability testing. This testing is specifically designed for the Department of Energy for contaminated river and stream sediments and soil that should benefit from this combination of treatment agents and also uses for this treatment during the deactivation and decommissioning (D & D) phase for specific site clean-up needs, especially for mercury treatment of contaminated soils or sediments during D & D activities at the Oak Ridge National Laboratory (WWW.ORNL.GOV). It should be noted that MSE has completed projects and testing at ORNL and has offices at Oak Ridge.
The environmental legacy of Oak Ridge is stained with mercury, thanks to the sometimes-sloppy development of thermonuclear weapons at the Y-12 plant -- where tons and tons of the toxic metal were spilled or otherwise seeped into underground formations and a local stream.
Expecting some huge business from DOE in Oak Ridge, TN.
Just my opinion, but I think that they must have liked the new formulated treatment, and they certainly have the application for its use in their contaminated river and stream sediments and soil.
I posted FACTS. FACTS CANNOT BE ARGUED WITH!
lindy, in response to your post
There will be NO benchmark designation of the MBS technology by the Government. The MBS for cement plants is being introduced as a 50/50 JV between Solucorp and GTGP. Solucorp has NEVER discussed this joint venture publicly. The Government will not deal with a scam company like Solucorp which already has twice been charged by the SEC with fraud and a scam company such as GTGP that has failed to file GAAP financials with the SEC for 7 years and has just been suspended by the SEC and has been caught with filing false and misleading financial statements with the SEC and fraudulent sublicensing documents with the SEC.
I hope this helps
Ahh Happy Sunday all. I see we are chugging right along with lots of interest in this company. So here is my 2 Cents worth, as a shareholder with lots of skin in this game. I am most interested in the Benchmark designation. Closing of the MSE acquisition, the divys, all that stuff is really important...but the stuff that is connected to the Government agencies that have HUGE power in the industry...that is key for me as to what we are worth..and how this thing will play out.
All of this overwhelming posting back and forth just says that for a small company in a world of trouble and shut down trading/maybe being revoked...and not able to trade AT ALL at the moment...there sure is a lot of interest and posting going on...dead stocks usually don't draw this much interest in my experience. Looking forward to seeing what we see, as this unfolds. I am holding a nice chunk of stock and have double that in divy's coming....so INTERESTED...you bet, I have a VESTED interest in this thing.
umiak, thanks for the link to the post regarding the announced JV with yet another environmental industry company by GTGP.
At the end of the day, and as shown previously with those sham transactions with empty shell companies made by GTGP, zero revenues will be produced by GTGP. But more importantly, you will find that these scam companies, such as GTGP, will issue shares to the "partners" that announce these JV's with the scam company, in order to get the officers of those environmental companies to agree to say that they entered into a JV with GTGP.
This is why GTGP will never file the 28 10ks and 10qs with the SEC - GTGP would not want investors to find out that all those JV's with industry companies were due to GTGP shares issued to those companies as an incentive to state that they are doing business with GTGP.
umiak Sunday, September 23, 2012 8:41:26 AM
Re: 236T568 post# 62389 Post # of 62514
investorshub.advfn.com/boards/read_msg.aspx?message_id=71506864
stevesox, so you are saying that GTGP currently is worth several BILLION dollars?
good one
[note: Due to 7 years of not filing GAAP financials with the SEC, we don't know how many common shares will be outstanding after the convertible debt is converted to common stock and the warrants and options are exercised. It could very will be that there will be over 500 million shares outstanding after these financial instruments are converted and exercised.
500 million shares outstanding x $10.00/share claimed by stevesox = $5.0 billion valuation]
evesox Sunday, September 23, 2012 8:22:10 AM
Re: choifunds post# 62387 Post # of 62513
Might be? lol ;) Minor filing catch-up issue or not, anything under $5-$10 for GTGP is a steal until such time as the DD indicates otherwise. The energy and effort to knock GTGP down serves only to prove how badly cheap shares are wanted. The ironic thing is...the shares ARE still cheap @ .93!!!!
GLTA...GTGP!!
seven, there is absolutely no confusion - the REAL reality check is that Fallcaro, cannot, under any circumstance, file the 28 10ks and 10qs of GTGP that are required for it to be current with the SEC.
He will not want to give more ammunition to the SEC and US Attorneys Office that can be used against him and GTGP in the upcoming fraud charge complaints that will be filed with the courts:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79836159
Here is another reality check, GTGP is going to file their financials, so this immediately sets them apart from those 471 shady companies! that didn't I hope this helps clear your confusion?!
Janice,
A fully-reporting OTC company has the same filing obligations as exchange-listed companies. The problem is with non-filers. In their case, the rules are less clear.
berta, both moskowitz and metter will get over 20 years jail sentence for this over $100 million massive fraud committed by them.
Keep an eye on the criminal case. Besides, a lifetime ban as officer/director of public companies and $50 million judgment against Moskowitz and related entities would not be considered a "tiny slap on the wrist" by any standard
236T NOT GONNA HAPPEN ! stay tuned SM got a tiny slap on the wrist in the CIVIL Case nothing more. LOTS of fish to fry here beyond SM & MM stay tuned
cino, the spng product was NOT selling in the stores
which is the reason that moskowitz had to go as far as wire money to a "consultant" in order to purchase the SPNG product in stores during the test market - and this is with tens of millions of advertising by SPNG.
this was a fraud from the beginning
Renee, I don't think that many GTGP longs have any idea that this particular suspension of trading will lead to SEC litigation in the near future.
Maybe this will be the "wake-up" event for most of them.
however, just as with "stuckholders" of other scams, there will be continual denials and the steps will be something like this:
So what if the company got suspended, it was only for 10 days
So what if the company goes to the grey sheets, it will come out eventually.
So what if the SEC filed fraud charges against the company, its officers/directors, consultants and promoters, they are only civil
So what if the US Attorneys office filed criminal fraud charges, the officers/directors have not been proven guilty by the court.
So what if the officers/directors have been proven guilty of criminal fraud charges, they are only going to receive a slap in the back of the hand probation and no jail time.
So what if they received a 20 year jail sentence, it is the company that matters, the company was not charged in the criminal fraud lawsuit. (note: corporate entities cannot be criminally charged with fraud by the US Attorneys Office).
So what if the company lost in the SEC civil fraud charges, they don't have to pay any money.
So what if the company got a judgment against them of $10 million by the SEC in the civil court case, it is still trading in the greys and will go up to a valuation of $500 million.
So what if the SEC REVOKED the company's stock, I had already gotten my initial investment out before all this happened. Besides, the SEC, the US Attorneys Office and the EVIL NAKED SHORT SELLERS FROM MARS were all on this from the beginning to destroy the company.
Jcwillis: When the SEC Suspends a stock for questions about adequacy of information it implies that there are discrepancies and likely contradictions between the available information in current filings (eg., GTGP's recent 8-K's) and Financials (past due since 2007) and news releases.
It appears that CEO Fallacaro has selectively disseminated chosen information in 8-K's and through improper interactions with some shareholders while omitting other salient information by his abject failure to file any Financials whatsoever, and while press releasing other information that may be misleading and unverifiable. Obfuscation through any dissemination of selective material information and omission of other material information (ie., absence of Financials) but press releasing unverifiable information are deceptive practices that have led to GTGP's SEC Suspension.
Thus, the SEC's questions about the adequacy of GTGP's information portends to Securities Violations that the SEC will specify whenever they file litigation charges against the company and CEO, and any other complicit person(s).