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so are you saying that the posts that show that GTGP has filed fraudulent financials and legal documents with the SEC should not be reposted when asked to provide the proof that GTGP has committed fraud?
SMDI Daily Tape Painting Summary - 10.23.12
VWAP = $0.182
- tape painting print at the ask in red
Time Price Volume Exchange
15:58:31 0.18 500 OBB
14:58:55 0.18 125 OBB
14:58:55 0.18 125 OBB
14:58:51 0.18 125 OBB
14:58:51 0.18 125 OBB
14:58:40 0.18 125 OBB
14:51:58 0.16 100 OBB
14:50:59 0.165 5000 OBB
13:39:07 0.20 200 OBB
13:38:59 0.19 140 OBB
13:38:44 0.18 125 OBB
13:38:44 0.18 125 OBB
12:20:58 0.18 5000 OBB
11:51:02 0.20 200 OBB
11:50:25 0.19 5000 OBB
11:42:38 0.22 200 OBB
11:42:08 0.19 5000 OBB
Pre-Market Tape Paint above the ask
09:20:09 0.2226 200 OBB
yes, and meanwhile no proof of wrongdoing by CEO Fallacaro at GTGP
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=80058796
and
GTGP CEO James Fallacaro makes false and misleading statements in yet another legal document filed with the SEC:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80681699
Well the story over at GTGP is that apparently another high level agency is investigating the SEC because apparently they claim that the SEC told someone that the stock was going to be suspended - and then that person posted that based on 7 years of GAAP financials not being filed with the SEC, the stock would be suspended sometime in the near future.
It appears that we have some big time mathematicians over at GTGP
difference between $0.16 and $0.0001 is $0.1599
difference between $0.16 and $1.00 is $0.84
I have seen delays of weeks or even longer for actions to be added to the court docket
and would that be just like those "POWERFUL & IRREFUTABLE PR'S" that came out on October 1st, the first day of trading out of the suspension?
besides, what do GTGP PR's have to do with Thursday?
Isn't Thursday the formal day of the closing of the acquisition of MSE by the private company GTHI?
GTGP owns less than 1% of GTHI, so it should not have any effect on GTGP.
there were more predictions for over a dollar for GTGP in the greys when it started trading than there were for 0.01, 0.05 and 0.0001
the GTGP stock price was predicted at $0.01 to $0.05 at the opening
during actual trading, the stock price printed at $0.05 and closed at $0.06, close enough
this compared to people that were suggesting a stock price of $1.00 to $1.50 on the first day of trading.
make no mistake, this stock will eventually drop to below one penny then to the $0.0001-$0.0002 range, unless it is revoked first.
We are talking about the GTGP stock price and as to when it will drop to the sub penny range.
the MSE closing has nothing to do with GTGP since GTGP owns less than 1% of the private company GTHI that is acquiring MSE.
besides, didn't you say that the MSE acquisition had already closed on Oct. 8th?
are we now saying that the MSE acquistion never closed and is now about to close on Otc. 25th?
do we know if the PELE 250-1 reverse split has occurred yet?
remember that before the reverse split, SMDI owned enough PELE preferred shares to convert them into about 1.3 billion PELE shares.
unfortunately you will be waiting a very long time since "sub zeros" stock prices do not exist.
now, if you are talking about sub penny stock price then I would imagine you will not have too long to wait
look, you waited to buy from $0.93 before the suspension to about $0.12 in only a few weeks
give it a few weeks and you might be able to buy those 20,000 shares at under 5 cents/share, maybe under one penny/share.
Who to believe when researching a scam company?
Who cares?
Smart investors care.
Smart investors care about who received shares from a scam company such as GTGP.
How many shares went to Fallacaro related entities and nominee accounts that then sold them into the market when the stock was artificially inflated when hyped with fraudulent PR's and SEC filings?
How many shares went to promoters that were used to hype the stock?
How many shares went to "Consultants" that are convicted felons and disbarred attorneys?
How many shares went to entities tied to the mob, if any?
Smart investors want to know this information, and Fallacaro simply refuses to make this information public by failing to file GAPP financials for 7 years now.
regarding this particular comment:
"if ever there were shares distributed",
GTGP issued 18 million common shares since 2007.
thanks for underscoring that "in 2 days jim will have mse to himself" thereby shuting out GTGP and its stockholders all together...
it took you a while, but you finally "got it"
but again, nothing wrong with issuing shares
it is who received those millions of shares that Fallacaro doesn't want revealed to the investor public, among other things
the amount of shares issued since 2007 is not the problem for Fallacaro
it is who received these 18 million GTGP shares that Fallacaro does not want revealed, but would have to be revealed if he filed the delinquent GTGP financials with the SEC.
The SEC and the US Attorneys Office are watering at the mouth as they wait for Fallacaro to file the delinquent financials with the SEC - for the details included in those financials will give plenty of additional proof for the upcoming fraud complaints that will be filed by these two enforcement agencies against GTGP, its officers/directors, consultants, nominee accounts, related parties and a few promoters.
the many reasons why the GTGP stock will get REVOKED:
This is but one reason why the GTGP stock will be REVOKED:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80059681
Other reasons that the financials will never be filed with the SEC, and therefore leading to REVOCATION, are:
1. Fallacaro does not want investors or the SEC or the DOJ to know who exactly has received those 18 million GTGP shares that have been issued since 2007, including consultants, nominee accounts, promoters and related parties.
2. Fallacaro does not want investors to know the amount of common shares that will result from the conversion of convertible debt and exercise of warrants and options that are currently outstanding.
3. Fallacaro does not want investors and the SEC and the DOJ to know the details of the many many agreements and licenses that Fallacaro has CLAIMED that GTGP has signed.
4. Fallacaro does not want investors to know the details of past and currently outstanding lawsuits against him, his wife and GTGP.
5. Fallacaro does not want investors to know the true ownership of GTHI by GTGP.
6. Fallacaro does not want investors to know the lack of revenues and the massive amount of losses that GTGP has had in the past 7 years.
7. Fallacro does not want investors to know the level of assets that he has transferred out of GTGP by now.
etc
etc
etc
In 4 months, the stock price of GTGP will be in the $0.0001-$0.0002 range, unless it is revoked by the SEC, as Fallacaro will never file the delinquent financials with the SEC and this is why:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80789360
In case you missed it - the many reasons why the GTGP stock will get revoked:
This is but one reason why the GTGP stock will be REVOKED:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80059681
Other reasons that the financials will never be filed with the SEC, and therefore leading to REVOCATION, are:
1. Fallacaro does not want investors or the SEC or the DOJ to know who exactly has received those 18 million GTGP shares that have been issued since 2007, including consultants, nominee accounts, promoters and related parties.
2. Fallacaro does not want investors to know the amount of common shares that will result from the conversion of convertible debt and exercise of warrants and options that are currently outstanding.
3. Fallacaro does not want investors and the SEC and the DOJ to know the details of the many many agreements and licenses that Fallacaro has CLAIMED that GTGP has signed.
4. Fallacaro does not want investors to know the details of past and currently outstanding lawsuits against him, his wife and GTGP.
5. Fallacaro does not want investors to know the true ownership of GTHI by GTGP.
6. Fallacaro does not want investors to know the lack of revenues and the massive amount of losses that GTGP has had in the past 7 years.
7. Fallacro does not want investors to know the level of assets that he has transferred out of GTGP by now.
etc
etc
etc
The fact is that the stock of GTGP will be REVOKED by the SEC.
To say that it will not happen is just silly.
This is but one reason why the GTGP stock will be REVOKED:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80059681
Other reasons that the financials will never be filed with the SEC, and therefore leading to REVOCATION, are:
1. Fallacaro does not want investors or the SEC or the DOJ to know who exactly has received those 18 million GTGP shares that have been issued since 2007, including consultants, nominee accounts, promoters and related parties.
2. Fallacaro does not want investors to know the amount of common shares that will result from the conversion of convertible debt and exercise of warrants and options that are currently outstanding.
3. Fallacaro does not want investors and the SEC and the DOJ to know the details of the many many agreements and licenses that Fallacaro has CLAIMED that GTGP has signed.
4. Fallacaro does not want investors to know the details of past and currently outstanding lawsuits against him, his wife and GTGP.
5. Fallacaro does not want investors to know the true ownership of GTHI by GTGP.
6. Fallacaro does not want investors to know the lack of revenues and the massive amount of losses that GTGP has had in the past 7 years.
7. Fallacro does not want investors to know the level of assets that he has transferred out of GTGP by now.
etc
etc
etc
OK, so you also heard about that upcoming NOTICE OF REVOCATION against GTGP that will be issued by the SEC?
How did you find out that it was going to be issued this week?
What technology are you talking about?
the MBS technology?
You do understand that Fallacaro has already transferred the MBS exclusive license for MBS soil remediation and the MBS JV with Solucorp for cement plants OUT OF GTGP, don't you?
Just like he and his wife transferred all the assets out of the previous public company that he controlled, Falcon.
regarding this comment by you:
"and MSE is closing, so we can't still go w the 'deal will never happen'"
thanks for also verifying THAT THE MSE ACQUISITION IS NOT CLOSED AS OF TODAY
.
but wait a minute!
GTGP has had the exclusive license for MBS soil remediation for over 4 years now...
lets see how good the GTGP "promotion on the marketing end" has been:
GTGP revenues for MBS soil remediation during the last 4 years = ZERO
So are you telling us here and now that the MSE acquisition HAS NOT CLOSED?
How can that be?
Weren't people claiming that the acquisition of MSE by the private company GTHI was formally closed several weeks ago?
thanks, good to know
What 52 acre facility?
GTHI is not acquiring the 52 acre MSE facility, for that asset belongs to the Government entity that is owed over $6.0 million by MSE.
GTHI is only acquiring the business of MSE.
Besides, GTGP has nothing to do with the MSE acquisition, since it owns less than 1% of GTHI, the private company that is acquiring GTHI.
so I assume you are claiming now that the MSE acquisition has not closed yet, since that would have been in the past, not the future.
besides, what does GTGP has to do with the MSE acquisition?
GTGP has less than 1% ownership in GTHI, the private company that is acquiring MSE.
GTGP Average Stock Price - 10/22/12
9 trades today
Volume Weighted Average Price
$0.114 - Oct 22, 2012
$0.120 - Oct 19, 2012
$0.126 - Oct 18, 2012
$0.163 - Oct 17, 2012
$0.150 - Oct 16, 2012
$0.126 - Oct 15, 2012
$0.107 - Oct 12, 2012
$0.158 - Oct 11, 2012
$0.165 - Oct 10, 2012
Value of Total Shares Traded
$1,264 -- Oct 22, 2012
$884 ---- Oct 19, 2012
$2,447 -- Oct 18, 2012
$4,211 -- Oct 17, 2012
$18,057 - Oct 16, 2012
$2,218 -- Oct 15, 2012
$20,853 - Oct 12, 2012
$10,270 - Oct 11, 2012
$8,295 -- Oct 10, 2012
$164,000 - Average Value of Total Shares/day for 9 days before Sept. 17th suspension
================
Time-Sales Today
Time Price Volume Exchange
15:24:42 0.14 200 OTO
14:58:28 0.15 353 OTO
12:25:15 0.11 4382 OTO
11:34:36 0.11 1000 OTO
11:27:56 0.11 2918 OTO
11:19:22 0.12 998 OTO
11:09:27 0.12 250 OTO
10:49:17 0.12 500 OTO
10:07:25 0.12 500 OTO
SMDI Daily Tape Painting Summary - 10.22.12
VWAP = $0.196
- tape painting print at the ask in red
Time Price Volume Exchange
15:40:58 0.22 200 OBB
15:33:09 0.20 11500 OBB
12:12:06 0.21 110 OBB
12:01:05 0.19 1000 OBB
12:01:01 0.19 5000 OBB
12:00:37 0.19 5000 OBB
09:30:08 0.23 200 OBB
How serious was the SEC suspension of GTGP stock?
take a look and make sure that you review the "blue" colors in the link:
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.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79975626
GTGP ONLY has an exclusive license form Solucorp for the MBS soil remediation
GTGP has a 50/50 JV with Solucorp for the MBS cement plants and other type of plants other than energy/power plants
that is it
here is the GTGP PR describing the 50/50 JV with Solucorp for cement plants:
http://finance.yahoo.com/news/Global-Technologies-Group-Inc-iw-1931520180.html
A second Joint Venture agreement with Solucorp covers all applications of the MBS technology use with the exclusion of energy related projects. This JV will give Solucorp 50% of the net proceeds for any projects incorporating the MBS technology and does not affect the original exclusive license agreement Global was issued.
But what does this have to do with GTGP?
GTGP owns less than 1% of the acquiring company, GTHI, as shown here in this government website:
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001308841&owner=include&count=40&hidefilings=0
so, again, it appears that the Oct. 25th "event" is being moved to a later date
MILL breaks record for longest "Forward Looking Statement" disclaimer in press release:
Miller Energy Resources to Present at Southern California Investment Forum in Los Angeles on Tuesday, October 23rd
12:47p ET
October 22, 2012 (Business Wire) Miller Energy Resources ("Miller") (NYSE: MILL) is pleased to announce that Robert L. Gaylor, Senior Vice President, will present at the upcoming Southern California Investment Forum to be held at the Luxe Hotel in Los Angeles tomorrow, October 23, 2012. Miller is scheduled to present during a luncheon from 12:30 p.m. - 3:00 p.m. Pacific time followed by a networking event where Mr. Gaylor will meet investors in one-on-one breakout sessions at the forum.
Participation is by invitation and registration is mandatory. For more information on the forum or to schedule a one-on-one meeting, please contact Mr. Alan Stone at 310-444-3940 or visit http://www.southerncaliforniainvestmentforum.com.
About Miller Energy Resources
Miller Energy Resources, Inc. is a high growth oil and natural gas exploration, production and drilling company operating in multiple exploration and production basins in North America. Miller's focus is in Cook Inlet, Alaska and in the heart of Tennessee's prolific and hydrocarbon-rich Appalachian Basin including the Chattanooga Shale. Miller is headquartered in Knoxville, Tennessee with offices in Anchorage, Alaska and Huntsville, Tennessee. The company's common stock is listed on the NYSE under the symbol MILL.
Statements Regarding Forward-Looking Information
Certain statements in this press release and elsewhere by Miller Energy Resources, Inc. are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve the implied assessment that the resources described can be profitably produced in the future, based on certain estimates and assumptions. Forward-looking statements are based on current expectations, estimates and projections that involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those anticipated by Miller Energy Resources, Inc. and described in the forward-looking statements. These risks, uncertainties and other factors include, but are not limited to, the potential for Miller Energy to experience additional operating losses; high debt costs under its existing senior credit facility; potential limitations imposed by debt covenants under its senior credit facility on its growth and ability to meet business objectives; the need to enhance management, systems, accounting, controls and reporting performance; uncertainties related to deficiencies identified by the SEC in certain Forms 8-K filed in 2010 and the Form 10-K for 2011; litigation risks, including the risk that rulings favorable to Miller could be reversed on appeal; its ability to perform under the terms of its oil and gas leases, and exploration licenses with the Alaska DNR, including meeting the funding or work commitments of those agreements; its ability to successfully acquire, integrate and exploit new productive assets in the future; its ability to recover proved undeveloped reserves and convert probable and possible reserves to proved reserves; risks associated with the hedging of commodity prices; its dependence on third party transportation facilities; concentration risk in the market for the oil we produce in Alaska; the impact of natural disasters on its Cook Inlet Basin operations; adverse effects of the national and global economic downturns on our profitability; the imprecise nature of its reserve estimates; drilling risks; fluctuating oil and gas prices and the impact on results from operations; the need to discover or acquire new reserves in the future to avoid declines in production; differences between the present value of cash flows from proved reserves and the market value of those reserves; the existence within the industry of risks that may be uninsurable; constraints on production and costs of compliance that may arise from current and future environmental, FERC and other statutes, rules and regulations at the state and federal level; the impact that future legislation could have on access to tax incentives currently enjoyed by Miller; that no dividends may be paid on its common stock for some time; cashless exercise provisions of outstanding warrants; market overhang related to restricted securities and outstanding options, and warrants; the impact of non-cash gains and losses from derivative accounting on future financial results; and risks to non-affiliate shareholders arising from the substantial ownership positions of affiliates. Additional information on these and other factors, which could affect Miller's operations or financial results, are included in Miller Energy Resources, Inc.'s reports on file with United States Securities and Exchange Commission including its Annual Report on Form 10-K, as amended, for the fiscal year ended April 30, 2012. Miller Energy Resources, Inc.'s actual results could differ materially from those anticipated in these forward- looking statements as a result of a variety of factors, including those discussed in its periodic reports that are filed with the Securities and Exchange Commission and available on its Web site (www.sec.gov). All forward-looking statements attributable to Miller Energy Resources or to persons acting on its behalf are expressly qualified in their entirety by these factors. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. We assume no obligation to update forward-looking statements should circumstances or management's estimates or opinions change unless otherwise required under securities law.
SOURCE: Miller Energy Resources, Inc.
Miller Energy Resources, Inc.
Robert L. Gaylor, 865-223-6575
SVP Investor Relations
Fax: 865-691-8209
bobby@millerenergyresources.com
http://www.millerenergyresources.com
actually, no - yet again
A closing of an acquisition is determined when the buyer is the official owner of the company/assets acquired.
So it appears that the acquisition of MSE by the private company, GTHI, has not closed yet.
Oh my........
the 11's have arrived
response in red