Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
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).
fully agree
GTGP - Honestly - I think that an 8k not being filed is the least of their problems. They are missing years worth of 10Q's and 10K's. Yes they were filing a bunch of other 8k's associated with their press releases for the past year but they seem to suddenly stop even though the steady stream of press releases continued.
I wouldn't get too bogged down on them missing an 8k or delaying it. They obviously have not followed the SEC rules and now they are suspended.
My best guess is whoever is passing along that rumor of a material event is one that wants to be the first out when the stock opens up on the grey market - and he is hoping people won't beat him out the exit door. The suspension is serious. Given the pps - I think there will be many that will lose big bucks. Sad but true.
------------
Grey Market
There are no broker-dealers quoting this security. It is not listed, traded or quoted on any U.S. stock exchange or the OTC Markets. Trades in grey market stocks are reported by broker-dealers to their Self Regulatory Organization (SRO) and the SRO distributes the trade data to market data vendors and financial websites so investors can track price and volume. Since grey market securities are not traded or quoted on an exchange or interdealer quotation system, investor's bids and offers are not collected in a central spot so market transparency is diminished and Best Execution of orders is difficult.
fully agree
The SEC can't simply stop trading when it wants to because they "feel" it's a pump and dump in the making. Imagine if they did that to every stock on the OTC. It would create a logistical nightmare as they need the evidence to prove it. That takes time.
That is the reason it takes as long as it does. They need to get the information without alerting the company, insiders and the investing public. Any alert would cause panic selling and more damage than a suspension.
I completely agree that it's very obvious when a P&D is occurring and would be great to stop it when it's about to start or just starting.
It's just the nature of the political red tape the SEC needs to go through to get their job done. That red tape is there for a reason and can't be ignored.
jcwillis, GTGP is a scam company that hasn't filed GAAP financials with the SEC for 7 years now.
All bets are off when it comes to following SEC regulations by these type of companies
Hey SamSam, Thanks for the Reply Earlier...
I saw the numerous posts, relating to my post, concerning Material Event/Info by yourself, BigB, 236, and BradS.
It makes me ask - Can a company withhold Material Event Info to make the most of the PR. I originally asked about GTGP because many on that hub are implying that Material Event info (acquisition, etc.) was being withheld until trading resumes. If something material happened back on, say Sept 14th, could it be withheld a couple of weeks before release? Since GTGP is not currently trading, would withholding material info until trading resumes be legit to do?
If material info is relayed by the CEO to those who call, I can see that as a problem giving material event info before public release. If the CEO is implying something and people are drawing their own conclusions, then posting on the hub board to further spread the implied info to make hype, well, maybe it is a grey (pun intended) area.
What are your (as well as other's) thoughts?
Thanks again.
hiloeven, the only thing that you can take to the bank is that
the MSE acquisition will not close
there will be no dividend of GTHI to GTGP shareholders
there will be no cement contracts for GTGP
GTGP will open trading on Oct. 1st in the grey sheets
GTGP will never leave the grey sheets unless REVOKED by the SEC
and finally you will will see fraud charges filed by the SEC and US Attorneys Office against GTGP, its officers/directors, consultants, related parties and "promoters" as more and more evidence is being produced that underscores the scam that GTGP is:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79836159
Narnia,
As a long term environmental industry executive with high level executive contacts, I can verify your findings with unquestionable accuracy. The larger industry companies have had serious focus on the GTGP developments for a while now and nothing has changed at this point--you can take that to the bank as the truth.
stevesox, thanks for the info here:
Jim came out very publicly in PR's stating DOE and EPA involvement...statements that would get him shut down extremely quickly if not true. Jim is still very much in business running Global. His only sin is late filings. Boring but true. Only the trading of the stock is temporarily suspended...
umiak, and if GTGP would file audited financials now, the financials themselves would prove that the sublicensing agreement was fraudulent because the GTGP audited financials (Balance Sheet and Sources and Uses of Funds) would fail to show that GTGP received the $1.25 million in cash equivalent from Anasazi.
This is why GTGP will NEVER file audited financials - they would give the US Attorneys Office the evidence to convict the scamsters of fraud.
and if they had filed audited financials all this would have come out. edit, one could read deals were done but no way to follow the money.
here is the first one that I looked it and already we have 2 adequacy suspensions this year
http://www.sec.gov/litigation/suspensions/2012/34-67779.pdf
The Commission temporarily suspended trading in the securities of eHydrogen Solutions, Inc. and ChromoCure, Inc. because of questions concerning the adequacy of publicly available information about eHydrogen Solutions, Inc. and ChromoCure, Inc.
gee, and the other person that looked at 400 couldn't fine one adequacy suspension
funny stuff eh?
gee, 400 of them and no "adequacy" ones eh?
funny thing is that the first one that I looked at included two "adequacy" infractions like GTGP
funny stuff eh?
kfa670 Saturday, September 22, 2012 5:15:32 PM
Re: christer20 post# 62233 Post # of 62264
Oh gotcha. Yeah I've looked through about 400 or so randomly so far and have not found a single one like GTGP. I'm going to pick a starting point and go for it. Whats the number of tickers from 2010 til now? like 1000 something? I have a pretty good search system down that shouldn't take me too long to go through that many
GTGP - Those pesky 15c211 meetings with Market Makers
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79836159
“Further, brokers and dealers should be alert to the fact that, pursuant to Rule 15c2-11 under the Exchange Act, at the termination of the trading suspensions, no quotation may be entered unless and until they have strictly complied with all of the provisions of the rule.” Simply put, this means that any broker dealer that wants to help a company get back onto the pink sheets or the bulletin board has to make sure that everything is absolutely proper and correct and their broker’s license is at risk if they don’t.
cino
mosko will be receiving 15 to 25 years
metter will be receiving 25 to 40 years
bilrip, ASHG was not suspended by the SEC like scam company GTGP
good try though
Just playing devils advocate here, ASHG is on greys and is over 100 per share
comments in bold red below
Let me ask everyone a question, a very real and serious question. If MSE is closed, and the hot run results are over 98%, and we get a contract all before october first, what do you think is going to happen.
The MSE acq will not close, but if it closed, it is being acquired by a Private company, GTHI, which is probably 100% owned by Fallacaro and/or related parties, so GTGP will not be able to benefit. The cement plant 3 week hot run was a HOAX, so there will be no contract from them.
IMO I think we WILL hold our position and climb. I can't really say how high but with all these material events do happen, then this will climb. if other grays can trade in the $40 to $100 range then I don't see why we can't.
There are no companies that were suspended and sent to the grey sheets that trade in the $40 to $100 range.
If no material events then yes I will admit defeat, but if we do.... Trading on the grays doesn't stop a company from doing business and doing it well.
If not revoked, this company is staying in the grey sheets and will reach the $0.0001/share stock price in the very near future
Gomez, comments in red below
23t56677
Negative, everyone knows nothing was fraudulent to keep making such claims without anything to back it up is in itself irresponsible .
For starters, the following is a fraudulent sublicensing agreement filed in an 8K by scam company GTGP.
http://www.sec.gov/Archives/edgar/data/1308841/000110801709000365/ex101.htm
The GTGP stock price increased by 70% and the trading volume increased by 100 times when this fraudulent document was filed with the SEC. This is what scam companies do.
Fact again suspended for filings , of which the CEO was waiting for response.
Fact: no Scam as that the CEO did not dilute shares for profit
16 million shares were issued by GTGP between 2007 and 2012. Many of these shares went to related parties and consultants which were then sold into the market that was inflated due to fraudulent activities of GTGP.
Fact again no scam as Jim did meet to finalize deal with MSE as well as local and state officials to boot
Meeting with MSE and local and state officials does not, under any circumstance, imply that you are not a scamster heading a scam company.
Fact: when Jim announces the acquisition, folks will have to admit GTGP is the real deal!
MSE is not being acquired by GTGP. It is being acquired by a private empty shell company, GTHI, ownership of which has not been announced by its CEO Fallacaro.
Enough said!
Ripnrog, see red for comments
Ripnrog Saturday, September 22, 2012 2:03:43 PM
Re: None Post # of 62192
I wonder if "STEVE" has links on how many tried to come back?
100% of all stocks in the grey sheets since Jan. 2010 that tried to come back out of the grey sheets FAILED or were REVOKED.
or if "steve" has links to how many of those were for adequacy only?
100% of all stocks in the grey sheets for adequacy since Jan 2010 FAILED to leave the grey sheets or were REVOKED.
Ripnrog, 100% of all stocks suspended for "adequacy" since Jan 2010 have failed to get out of the grey sheets
Jim does NOT have an investment banking background.
GTGP is a scam as it has been caught filing fraudulent financials and fraudulent sublicensing agreements with the SEC, among other things
Ripnrog Saturday, September 22, 2012 2:01:39 PM
Re: mbumpt post# 62164 Post # of 62192
yes we are and it is simple...
99% of suspended stocks are either abandoned shells or scams... and they just do not even try to come back... that is a fact..
GTGP's suspension is for adequacy only .. all the others suspended were for accuracy... not GTGP Jim with his IB back ground can and will get this fixed... nothing will convince me otherwise...
ha!
this sounds like last week
when you were asking about an SEC link for the suspension of GTGP
then
WHAAAAMMOOOOO
the SEC link appeared showing the scam company GTGP was suspended by the SEC
patience, you will see an SEC and US Attorneys Office link in the near future when the formal fraud charges are filed with the courts..
Ripnrog Saturday, September 22, 2012 1:56:51 PM
Re: None Post # of 62187
still no SEC link showing anything
where is that darn link... GTGP as has been stated is the 1%er...
sctts, you want evidence that GTGP is a scam?
try starting here:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79639789
Um?
Um?
I can't find it,
Failing to file financials is NOT evidence of scam
Is NOT even underwhelming evidence of a scam
Thanks for playing though
Ripnrog, last time I looked, a scam company such as GTGP that files fraudulent financials with the SEC and files fraudulent sublicensing documents with the SEC would be considered a SCAM.
good try though
that is because there is no litigation against GTGP.. The reason that GTGP will trade again above the greys is real simple it isnt a scam never was never will be.. all will see and some will be worried when they see what is coming here
I don't necessarily agree with this
The SEC has to be completely and totally sure that the press release is false and misleading before any suspension is done.
this is correct
any calls to the SEC enforcement division will get the same result:
"We can neither confirm nor deny that the company is being investigated...."
then, one day before you least expect it:
WHAAAAAMOOOOOO!
The SEC files a securities fraud complaint in Federal Court against the company in question, its officers/directors, its consltants, related parties, and in some cases, its promoters
The SEC would NEVER tell you if they were investigating the stock. The person you talked to looked at the suspension notice and told you what it said. You could have just read it yourself even.
buc thanks for the comments
here is a FACT
of the 1,116 companies that have been suspended by the SEC since January 2010, all have gone to the grey sheets
of these 1,116 companies that went to the grey sheets, the following left the grey sheets:
ZERO
buccaneer1961 Saturday, September 22, 2012 12:21:14 PM
Re: Series of Dreams post# 62095 Post # of 62154
your conclusions are all wrong...of course theres ways to get back on track...im not so stupid to think theres any appeals process...and it WONT stay revoked if steps are taken to fix it...