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WOW!!! What a great day for GGLB! Since I am in for the long haul, I'm not as excited and emotional as you chart traders, but I am extremely happy for you. What I would advise though is ride the charts as long as you can still profit from it, but also leave some shares behind, maybe say 300K-?00K. Whatever you're comfortable with. This "green" trend is gaining serious steam. Heck, I can't even get my groceries bagged in plastic bags anymore at Whole Foods!! LOL
Gattes12, on the outside, I don't think GGLB is trying to hide the fact that they are directly involved with EC3Global. In GGLB's latest PR today, they openly refer to EC3Global and what their relationship is with them.
I think its important to remember that investors are never going to know "the whole story" behind any company, from sub-penny companies to giants like ENRON. There is always going to be the element of risk, but c'mon...let's be honest, it's the risk and the the excitement associated with it that attracts us to "play the game" as you put it.
For whatever its worth, I would like to take this opportunity to apologize to you for my harassing posts that were directed towards you. It's not very befitting behavior for a person with a PhD. I have to understand that there can't always be rosy predictions about any company. When posters scrutinize GGLB, I feel like a child of mine is being attacked, so I over reacted. But now I've come to realize that the doubts and questions presented by some about a company is good. You can't have flowers without the rain.
Doc
Gattes12, thanks for taking the time to write down your concern about the ownership of GGLB. I am not trying to be disrespectful to you in any way, but information derived from Wikipedia is extremely unreliable. While I was doing research for my doctoral dissertation a couple of years ago, I asked my doctoral committee if I could use and include information I found in Wikipedia, and they overwhelmingly said "absolutely not". Their reasoning was that information found in Wikipedia is usually not "substantiated" by any reliable bibliographic source, and most bibliographic sources that Wikipedia does identify are either 1. independently (sometimes biased) researched information, also without any substantial scholarly bibliographic references; and 2. simply provides very "basic" information that can be partial, incomplete, and/or inaccurate. In a nutshell, Wikipedia is nothing more than an online Encyclopedia of general information that really has a very limited screening process pertaining to the accuracies of it's information. Having said that, I do not discredit your concern, because it is a viable one. Companies this small can exist (or not exist) in many different ways, we all know that especially when it comes to sub-penny companies. But what I find comfort in is that I have clearly seen and found through my own research (which I know is not official) that GGLB is "managed" by EC3Global. To me this is great, because as a marketing company grows (GGLB), there has to be reliable, thorough management, and sometimes this responsibility is "outsourced" to another entity. To give you an analogy, let's say I own 20 rental properties and my real estate investment company is called "Doctor AC Property Investments", well in order for me to have the time and energy to continue buying more real estate, meeting new people in the real estate world, etc, I really want to have a real estate management office handle all of the paper work, collection of rent, etc. The real estate management company (let's call them "Landshark Real Estate") is paid (by me) a certain percentage (it's usually between 15%-20%) to do all of the administrative paper work so I have the time to aggressively pursue more real estate deals. THIS IS EXACTLY THE RELATIONSHIP I SEE BETWEEN GGLB and EC3GLOBAL! I think it's smart, efficient and wonderful! Peace and respect to you Gattes......
It is rare that one can invest in a stock for so cheap and have a pretty good idea that the coming related trend is going to be huge. This, imo, is the case with GGLB and the rapidly growing global conscientiousness of "saving the environment". From what I have seen happening recently with GGLB, I believe they are restructuring their business model to capitalize, even monopolize the "GREEN" market. In the coming year to 5 years, I theorize that the United Nations (and the governing bodies within the U.N.) will be passing bills that will create incentives and subsidies for businesses large and small to accept environmental restrictions and new "green" codes (laws). For example, if I want to have a house built for my family in the near future, there may be new building code guide lines to abide by that has been defined by law telling me how tall I can build the house, what building materials are environmentally acceptable to use in the house, and even how big I am allowed to build it. Some will be vehemently against these restrictions because they will argue that their civil liberties are being violated. But, for an affordable consultation fee, a company like GGLB will be there to help people, small businesses, and large corporations learn how to use these restrictions to their advantage, one of which is to save on energy costs. GGLB will be a vital asset to businesses to help with their "bottom line" imo.
FFF, what you have posted confirms that EC3 and GGLB are one and the same entity in that they both have combined forces to expand the Green Globe benchmarking and certification process. Maybe I'm missing something, but the second link that you provided certainly does mention GGLB several times. It even has the GGLB logo at the very top left of the EC3 home page. ?????? So I'm confused by this.
I will give you your point that GGLB has yet to prove significant revenues, but at the same time, it's just getting started...so there isn't any concrete information on that, yet. What I mean about "just getting started" is that GGLB has recently hired a new sales manager in May and about 3 weeks after, GGLB announced it's plan for "several streams of revenue". GGLB seems to be restructuring their business model, which seems to be geared towards serious GROWTH. Obviously, we aren't going to see revenue results from these streams until possibly November. But rest assured, I will still be holding my positions when November comes around.
In the meantime, every PR GGLB has released thus far shows (to me) that they are actively pursuing revenue generating deals, such as the one they announced with MCI two weeks ago. That was huge!
Try not to be so negative about GGLB. Give it a chance. I think you'll be glad you did. You are also right that currently, GGLB is primarily a chart play for the flippers, pumpers, etc. But from what I'm noticing from the charts is that these players are beginning to be "balanced out" with more serious longer term investors. I personally know a few who have bought some huge positions, including myself. Respect,
Doc
Last month, GGLB announced and listed "several streams of revenue" they will achieve later this year. We just don't know yet how much $$$ will be derived from these revenue streams, but to say that GGLB does not earn any revenues from any affiliation is misleading as well.
Looks like a break-even day for GGLB.
No kidding! Almost every company/corporation ever in existence has had a lawsuit filed against them. Duh!
Simply astonishing posts Penny! Seriously. I predicted this type of "green" activity a long time ago. Don't need charts, just common sense and good instinct and a keen awareness of what's going on around you. As I've said before, this is just the tip of the ice berg of how big this going green trend is gonna be in the near future.
I feel like Noah building an Arc in a drought trying to convince scoffers and nay sayers out there about the promising future of this company.
Noah looked pretty smart though after 40 days and 40 nights of rain...didn't he.
Buy! Buy! Buy! in the .0000s folks!!! Don't let this opportunity slip you by!!!
It will finish today @ .001 with no news, and finish above .001 with good news IMHO.
Sorry to say Abby, I just got picked up @.0008. Sometimes I just have to accept that I'm not in control of the pps. At the very least, I still strongly believe (and will always believe) in the future of this GEEN company, so I just keep adding on.
Doc
Sorry JC. My bad. Accidentally posted on your board. Meant to post on a related board.
Another thing I noticed is in one of the articles you posted it said; "Green Globe, which is managed by EC3 global".....I thought it was the other way around. I was under the impression that EC3 was bought by Green Globe.
PG, I guess the main question posed by Teddy Bears is, how do these certifications generate $$$$. I know about the "several streams of revenue", but how long before we see results, and how much results?
Still analyzing the news................................Yep! Still great news!!
analyzing....analyzing....analyzing....Yep! Still great news!!
People still absorbing the news...possibly waiting for emotions to subside. Lunch hour. Lots of reasons why there's a delayed reaction.
I wouldn't say I'm smart compared to you guys with all of your TA knowledge...but I did load up yesterday @ .0008 purely on vision and common sense. Looks like Red Lobster 2nite!
Doc
Can anyone say: "MONOPOLY!!!????"
Seems as though GGLB's new sales manager hired in May is a smart cookie.
Thanks PennyGuru. It doesn't matter to me what news comes out this week, not to say that good news isn't welcome.
But I see this opportunity a lot differently from the rest of you. Thanks to my political science education in college, I see market trends propagated by political agendas very clearly. Al Gore (the Nobel Prize winner for his research in global climate change and advocate of a global carbon tax) publicly announcing his support for Barak Obama is absolutely huge! When you have a publicly traded company that was born out of, and that is DIRECTLY linked to the U.N. and it's policy makers, this is also huge!
Gore+U.N.+Obama=unlimited possibilities for GGLB and other companies like it. Governmental building codes along with fees/fines enforced and collected by private "Green" companies for both public and private ventures; and a global carbon tax; are just a couple examples that will be legislated into law during the next presidential term in my opinion. But for most of you traders, you all are mostly concerned with the short term. Fine.
1. The announcement of "several streams of revenue". (Now that's pretty important!)
2. New SALES manager hired in May. (That's pretty dam important.)
3. GGLB averages one PR every week. (Not sitting idle doing nothing, also important)
So y'all play with this stock all ya want! Chart it, short it, pump it, dump it...whatever the hell you want. And every time it gets into the .0000s, then I will keep piling up.
Doc
I was one of the buyers today at .0008.
It's good to see that Al Gore (aka Mr. Carbon Tax) publicly endorsed Barak Obama today. Carbon tax=carbon neutrality programs, such as the one GGLB represents.
What makes Green Globe 21 different from the EPA (Environmental Protection Agency)?
I never came here for the charts! I was looking for a micro company that held much potential for GROWTH. I was just following the suggestions and advise given to me from what I've read about finding growth companies. Then I ran across GGLB, did my own research, and compared what GGLB had to offer with my own checklist, and darn near every requirement I had was met. Then I jumped in in the .0000s, and then again at .0015. So glad I did!!!
With the "several streams of revenue" forecasted shows (to me) that the GGLB management team has aggressive growth in mind. The growth POTENTIAL of GGLB is unlimited due to the fact that it is global! You don't have to have immediate revenue results to identify and invest in a company with enormous growth potential. I was recently reminded of this in a book I read not too long ago: "How to Identify and Invest in the Hot Stocks of Tomorrow: Finding the Next Starbucks", by Michael Moe who is a micro to small cap genius. He states in his book on page 182:
"It's critical for an investor to create a predictability framework that's appropriate for a specific industry. For example, there are terrific earnings growth opportunities (such as) in the biotech sector, where a company won't have revenues for a number of years, but because of the people, the product, and potential, it could be a compelling investment."
GGLB has these three P's (people, product, potential) firmly established IMO. What is so great about today's news is that now we have been informed by GGLB on how they plan to generate revenue. Seems as though GGLB recently hired a spunky sales manager, which they did in May!
Sorry momo...you are right. I'll behave.
Folks...Iceland is a major leader in Green related innovations and technology. Saw a program on PBS not too long ago on how Iceland uses totally hydrogen fueled buses for mass transit in their capitol city. Anybody else see this?
Gattes12...You can point to a red apple and say it's blue all you want. I'm not worried getting caught in the .0000s. LOL! You are a piece of work, I'll tell ya! LMAO
I'll buy 1,000,000 in the .0000s!! Bring it on BEEEAATCHS!!!! LMAO
Stressfree...thanks for all of your research posts. Muchly appreciated!!
SALUTE!
I made my big move in the .0000s. Just got in @ .0015. What a great entry if I do say so myself!
...And I'll keep piling up more the more it goes down. Dam! What a great day!!
I BOUGHT MORE! THANKS MMS!!!!!
Excellent point momo.
BRING ON THE MMS!! YOU CAN'T SHORT SUBSTANCE FOR TOO LONG!! LOL!!!!!
Does GGLB have any peers?? If not, is this a new "industry"? If so, wouldn't this mean that GGLB has a monopoly on this new industry?
All part of the NWO (New World Order)!
LOL