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I can answer that:
It is funny to me how hard some want to see this company and it's investors fall. What a dismal life to lead to look forward to the failure of others instead of the progressing of one's own life and fortune
i don't wish to see others lose money, in fact, it burns me up that the dialer is going to get away with it, there's nothing anyone can do about it, lawsuits, fines etc wonb't get anywhere near a portion of the money lost, by good people.
I do relish the fact, that I was correct all along, and because some here dind't like my take on things (which turns out every day to be mroe and mroe accurate) I was personally attacked ridiculed, and basically treated like shit. Just for being correct and the messenger got shot at again and again.
I do relish that I was indeed correct and the apologies I've gotten so far only make up for it. The ones that say "I should have listened to you" are even better......
another goody!
all we need is love!
check out this message that I'm replying to
stock was priced above .35 then!
what a hoot!
GFCI could be well on its way to becoming the 50-bagger that it ALREADY is. And that's but only accounting for a paltry 2 sets of 50 Jet Motors. GFCI should be valued far higher than it is currently, but for the mere simple fact that we don't have all the things mentioned above is weighing very heavy on it.
tampa, you seem infintely smarter than you are acting. Besides this is how some innocent people are getting/about to get really burned by this fiasco.
The merger was never declared effective
the shares were never delcared effective
at the meeting they voted to go ahead with the rollup merger (whatever the hell that means) and give the dialer super voting power, which along with the 100 million shares he's probably paid himself, that desptie your best attempts to keep others from selling, and trying to pump your own investment up, your statement:
"We own CTBG"
should in all likelihood read:
"jim dial owns coil tubing"
don't forget that while all along he would NOT authorize the transfer agen to clarify for owners of this company how many shares are outstanding, he did change the corporate charter to authorize another 200 million shares, to 400 Million.
he's going to either sell ctbg to the next person in the scamconga line, along with grifco assets (just like jrvis sold him alll the litfiber asets and future revenue streams) or he's going to keep everything for hmself.
ALl IMO but we'll see, won't we?
I tried to tell them months ago that the dividend would never happen
to think that dialer claimed (with the faithful support of poetry -boy) that he wasnt going to use a transfer agent, that there would be no ex-dividend date, and that the 89 Milion shares of CTBG were already factored in ie there would be no dilution
once again the great poet led you all wrong
Tampa,
the longs here, are the most fervent supporters of some "naked shorting" conspiracy, claiming that someone is "printing fake shares" to sell onto the market.
I will not discuss that right now, it either is or it isn't, although I have my strong feelings about which, let's just say it is happening. OK?
Now, stay with me here. If the longs are correct, and there is the ability to "naked short" a pink sheet, or even an OTC BB stock, they are in big trouble if/when the stock reverse splits. WHY? you ask?
Well, when a R/S happens, the stock is automaticaly priced up by the same factor that the shares are reduced, right? So a 1:10 reverse split, increases the per share price by a factor of 10.
if we split right now, the shares you own would be reduced by 10 to one, and the price would get adjusted up to $1.10.
The problem is, that it open a WHOLE LOT OF REAL ESTATE BELOW THAT FIGURE, for the "naked shorters" to hit.
Look out below!!!!
all IMO of course but I've seen it too many times to believe that "this time is different".
US Cardiology 2006
Over 400,000 people die from sudden cardiac death (SCD) also know as cardiac arrest in the US each year. This public health problem occurs when the heart beats in an uncontrollably fast rhythm so that the ventricles of the heart do not have the chance to fill with blood. The result is that the body becomes immediately starved of blood and oxygen and the patient dies within five to 10 minutes unless the heart can be shocked, or defibrillated, back into a normal rhythm.
In the present environment defibrillation of the patient to ‘shock’ their heart back into a normal rhythm is well recognized. Automated external defibrillators (AED) have become available on commercial aircraft, in airports, many office buildings and places of public assembly. They are rarely used, but their immediate availability can be lifesaving. Individuals with known risk factors such as coronary artery disease (CAD) or heart failure (HF) are at substantially higher risk of SCD than the general population, although sudden cardiac arrest is often the first symptom of the problem. Those individuals with known risk factors may be eligible for an implantable cardioverter defibrillator (ICD). This device – implanted into the chest – monitors the heart 24 hours a day and is always available to potentially defibrillate or shock a patient if necessary.To preclude the risk of suddenly dying from a cardiac arrest, everyone could be fitted with an ICD, however, ICDs are invasive, expenisve devices and carry their own inherent risks.This explains why ICD use is restricted to individuals known to be at substantially elevated risk.
Until the last couple of years, patients thought to be at risk of SCD were evaluated via an invasive electrophysiology study. During this procedure, the electrophysiologist (a cardiologist who specializes in rhythm disorders) would use small jolts of electricity transmitted by a catheter placed into the heart, to attempt to pace the patients into the same fast beat rhythm that would kill them from a cardiac arrest. If the cardiologist can ‘induce’ the patient into this deadly abnormal rhythm they would then be defibrillated and given the ICD. The invasive diagnostic test is both uncomfortable and daunting so many cardiologists have elected not to refer their patients for the test and have opted for a more conservative approach with their patients – namely treatment through appropriate medications.
Cambridge Heart, Inc. incorporated in 1990, has developed and is marketing a non-invasive diagnostic test to serve the same purpose as the invasive electrophysiology test. Its proprietary Microvolt T-Wave Alternans (MTWA) test, measures subtle, alternate beat changes in the T-wave portion of the electrocardiogram (ECG), has been proven by numerous clinical studies to identify patients at risk of SCD. The appearance of MTWA signifies someone who is at significant risk and should be further evaluated for ICD implantation. Conversely, the absence of MTWA or a ‘normal’ test indicates someone who is at low risk and therefore would be unlikely to benefit from ICD therapy.
The MTWA test looks very similar to a cardiac exercise stress test as the patient is exercised on a treadmill with proprietary sensors or electrodes placed on their chest to acquire very tiny electrical signals (see Figure 1). Cambridge Heart, Inc. sells the equipment and software to perform the test and also sells the single patient-use sensors
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Even BBB is speaking of a reverse split, which means it's likely going to happen. Which also means that you guys are not listening to someone with any amount of investing skill whatsoever. The hero of the grifco longs is admitting that de facto he is clueless as they come to pink stock land
reverse splits NEVER end up well for the people holding the stock before they happen
dial is talking about leaving management roles, and doing a reverse split
jarvis left management role and stock reverse split and is now worth 1/15th that what it was when the r/s happened
serious dive coming if that happens, folks, just thought I'd warn ya
i've been through it before and know from exerience....
Andy,
Of course not, and you won't, IMO. There is likely nothing happening in Libya as it pertains to the pink sheet stock you bought, and there likely never will be. IT probably is just like the venezeula order that jerry griffith never came back with, the China deal that never materialized, the jet motors that were supposed to save the world's energy supplies, the blackhog or whatever that thing was, just like everything else grifco has EVER said, wa a forward looking statement and will turn out to be, well, just pissing into the wind.
all IMO of course but youve been had, over and over again
tampa, you're holding out hope for some contract with libya, and the very same person told two different investors at the meeting that the facility was done except for electrical and plumbing, and that the contracted Chinese firm was just getting ready to begin construction
there are too many contradictions in this whole shebang
the auditors wouldn't let them make a statement on a particualr topic, that's BS the auditor doesn't care what they say, the audit partner only makes comment on the accuracy of the financial statements and or renders opinion on internal controls
the SEC attorneys are working on it as we speak? the SEC attorneys work for the SEC, not grifco
the buyout offer for $2.25? yeah right! if dialer could have gotten $2.25 for his 25 million shares he would have taken that in a heartbeat, that's 30 million dollars after taxes are paid!
geeze man use your brain!
tampa
don't take it out on me
IMO IMO IMO
this either a stock printing scam just about ready to pass on to the next front man, OR a shell game whereby they want to keep on "REGNOL" as long as they can either keep having people make excuses for them, or get lucky and actually hit on a product that works and can be sold
as for "real company" I have yet to see any real company in the world act like this even one instance much less repeatedly
I'm sorry you've lost money but geeze I tried to tell you for a LONG LONG LONG time that there was almost no hope, and now even that little glimmeer is fading fast
very funny peeker, veyr funny iindeed
dont forget I waws raising red flags at 40 cents plus and screaming bloody murder to sell sell sell at .30 several times
Quit perverting truth!
(ode to another poster)
To say that David Reichman "has produced no results or acquisitions" for this company is a total mangling and misdirection of the blatant truth! the blatant truth is that there has been no business dealings since he joined the board. no mergers, no revenues, nothing but a few 10qsb. yeha our savior. but I will say this for him, his track record certainly is 10000% better than the dialers blah blah blah blah blah blah blah come to papa baby oh good Lord blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah then he goes on to blatantly misues the truth himself, quite liberally I might add Tree Top Industries, Inc. has had absolutely NO -- I repeat, NO -- business operations to generate any kind of operating revenue or earnings. quit perverting the truth BBB! LOL contradictions abound around here folks (the best part is still coming....) blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah Nevertheless, I do lean to the side of expecting rather nice Federal Income tax benefits from it, such that whatever earnings we make going forward will be offset by the losses carried forward there you have it folks the GNOL carryforward! whooooopitydooooooo hey BBB maybe the GNOL can REGNOL again and again and again blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah No one with any suitable clarity and presence of mind ever waits this long and with so much patience -- for a suitable prospect only to throw away all future hope and expectation on prospects with any questionable future promise and potential. Believe me! This is a sweet layer of icing on the cake for me. 1) I remember the same arguemtn about lyamec and their 3 Million dollar investment- surely they wouldn't have plunked down 3 Million if the prospects were just gleaming with shining hope, no one with that much money down would have done so without doing their own DD so surely our money is safe meanwhile 3 Million becomes 6 hundred thousand, well at one point it was 480 yesterday and 2) what kind of cake you eatin BBB, sounds like tripleshit layer to me ........... for a seemingly intelligent person I will never understand your level of denial and unwillingness to see the facts. I guess it's just because you're into some sort of hero stage with these people and seeing the truth might just force you to let all of that go. And they say power doesn't corrupt......! LOL
can't wait to watch this all unfold
classic!!!!!!!!!!
"The Board of Directors elected two replacement members on April 4,
2001, consisting of Mr. David Reichman and Mr. Gary L. Crooks. Mr.
Reichman, after a five year stay with American Express Company, moved
on in 1975 to form his own private consulting practice specializing in tax representation and business management. Mr. Crooks is the managing director of a branch office of SAL Financial Services, Inc. Mr. Crooks has more than twenty-five years experience in the financial industry, a third of which were as a senior equity trader at Morgan Stanley."
Now, at the helm of the new company, formerly known as griftersco, are reichman and crooks replacing the murphy brown character jim dial and lois newman and john jarvis
please invest all of your earnings with these people, they need a new country club
riechman and crooks!
folks you can't make this stuff up
just think tamp, another few weeks and a .02 move up will be a DOUBLE! WHOOO WHOOOO HOOOOOO
tampa
are you really trying to stck it my face because the stock closed at TEN CENTS???
yes the teeth gnashing and weeping starts at 9 PM at my house. oh why oh why didn't I do the smart thing and buy into this juggernaut earlier???? o woe is me!
sad sad sad
The prospect of profits from CTBG and GOTL are still very real and alive.......................This is still a REAL company with REAL business and REAL assets...don't let the naysayers convince you otherwise!
Tampa, please don't go making unfounded guesses about the state of affairs of this company. I would like one shread of proof, just one, for the statement that you just made, REAL company- where's the bank statements? Real business- where's the proof of that, one 450,000 contract from some unknown company in China, yea, I'm not thinking too much of that one right now! REAL ASSETS- yeah right! one rented forlift in a prefab metal shed that probably could be taken down and moved, hmmmmm but they hhave a contract with libya- can you even prove that???
this is pinky land the land where the forward looking statment is KING and LIE until proven otherwise, which you cannot
they didn't solicit proxies, shareholders, including me, will keep these "assets" tied up in court for years
my thinking is that the reverse split to $1.10 is coming any day now, from the fairness valuation formula, and some of the larger morons will see the price and start selling thinking they've multiplied their weatlh by a factor of 10 overnight.. then starts the slide as the truth comes out....
I guess we'll see, though, maybe this time it's different
Mistake number three:
not listening to me when I was saying during the summer that you needed to wrest control of GFCI away from the dialer and vote in your own CEO. Using his own words about the 39 MM SOS, and your own tally of the shares held by disciples of the great effie you would easily have been able to legally get the dialer away from the company once and for all- well not listening to me in the first place was mistake number one, but anyways- you caould have had your own meeting, ratified by the share count and soliciting proxies from all the people on your little "e-mail a buddy list"..just think, by now, the great BBB could be writing flowerty prose on the great and bright future of the grifco money making machine
but instead your snookered by the dialer with 400 million shares worth of super voting power- any conicindence that the SOS was authorized to go that high, and might be as high as 400 M SOS by now??????
MIstake number two:
Thinking you're in the business through the back door and that because shares are really cheap it's a great deal, you own more of the "business", when really in this business the dialer holds all the cards- he can pay himself a milllion shares a week in salary and there's nothing you can do about it, after all he's the sole member of the compensation board, right?
an investment in weatherford would ahve yielded MUCH better results over the last two years, after all:
bu bu but at $25 per share, I could get 50 shares of grifco for what one share of weathorford would have cost me.....right?
NO!
Mistake number one:
falsely thinking you were in the oil tools ansd service business, which you may or may not be knowledgable in, when really you are in the pink sheet otc business, where you DON'T know the rules, DON'T know the players and DON'T even know where to go to find the rules or the players
Isn't this special??
Of course, we were all shocked to have gone through something we did not expect, but in the end, in hindsight, it turned out that the meeting was an overall success in the sense that I got to meet shareholders and I got to talk to the Lyamec group and hear assurances about their continued involvement.
They didn't hear jack crap about any information whatsoever. They didn't hear revenue projections any details of the share counts, but they did get to meet each other in person finally! Oh and that Lyamec is just as clueless as any of them and is down about 2 million dollars on their 3 million dollar investment into grifco stock, of 6 million shares. They now own $600,000 worth of this company and haven't bought any more. Which tells me that dialre WAYYYYYYY outvotes them. And that they're stupid as everyone else when it comes to investing. But BBB did get to have lunch with 10 other "investors". Did you sing kumbaya? Probably not but they did get to see nadia prance around and a leno impersonator. What, were all the elvis's taken tha night or were they too expensive???
what a joke
it was a successful meeting but we're still going to lose all our money, or at least most of it
this guy dialer must be a really smooth talker in person
I can't believe dialer had three body guards to keep the lyamec people from roughing him up. They must be really pissed off!!!!!!
nice post by seabuscuit on RB
except he got taken by smoke and mirrors of some libyan dude too
what did they say about the $2.25 buyout agreement?
let me guess- nada
what did they say about the dividend?
let me guess- they didn't say a word about passing out shares of ctbg
yet another empty promise of future revenues of some company in some country that cannot be verified and yet more promises of an eventual audit
the audit is done (remember that one?) dialer is just waiting for one piece of paper from texas!
crack team of auditors is down from NYC- they are working with our SEC attorneys as we speak
what a crock
audit is coming, my butt
CREDIBILITY WAS LOST WHEN DIAL REFUSED THE FIRST TIME TO RELEASE SHARE COUNTS
sorry for the caps
now, IMO within two weeks or so, the value of this stock will have dropped by another 60-75%
of course this meeting was a useless waste of time. Did anyone actually expect anything to happen?
IMO, NOTHING will ever happen with this company other than what heppened to the last 5 iterations, paintballs inc, trim a lawn, litfiber, the tirestore,
big announcements, big PR's about big plans, sell a ton of stock to the greedy people who don't know any better, and then move on! Last person to do it was jarvis, next it was dial, next it will be the new CEO!
I loved the last PR
you cannot make this stuff up folks,
Mr Lee He their agent! Mr He!!!!!
everything about this company is a useless waste
the above is all my opinion and I have never been working in concert with any "naked short" sellers and/or otherwise seeking to implement a "bear raid" on the Company's shareholder base, including but not limited to hiring experts to advise me. I simply think that the CEO and Lois are full of shit and have taken advantage of the greed of a few undeserving people
a "MILLION SHARE HOLDER" posts:
I read this merger option as the best one presented. IMHO of course. The meeting was very dissapointing, yes. But the fact that Jim D. did not say anything was a positive as I see it.
This is interesting. SAD, for sure, but interesting. I have to admit that it's nice to be vindicated as (probably) being correct all along, but it's too bad that so many people, good people (slightly greedy, but good) have gotten burned (again) on this stock. And despite my best intention, it seems that people are still unwilling to give up the ghost, still.
The fact that dialer didn't say anything at the meeting says to me, that dialer has sold the company asnd pledged the rest of his shares on a buyout special. He was mum at the meeting because the real deal was to ratify the transfer of the "assets" (using that term loosely) to the new company, they announce a reverse split and the deal is done, dialer has left the building. Gone, without a trace, poof just like kaiser souzae.
SAD
the next shoe to drop should be within a few days, IMO
the above is all my opinion and I have never been working in concert with any "naked short" sellers and/or otherwise seeking to implement a "bear raid" on the Company's shareholder base, including but not limited to hiring experts to advise me. I simply think that the CEO and Lois are full of shit and have taken advantage of the greed of a few undeserving people
news from the meeting?
Let me guess:
no merger finalization
no $2.25 buyout offer
no CTBG share spinout
no shares outstanding information from the transfer agent or dialer
no revenue statement or any other kind of real information
how close am I?
bte, I am surprised that dialer even showed up there, but I am even more surprised that there aren't glowing reports from BBB, atc
the above is all my opinion and I have never been working in concert with any "naked short" sellers and/or otherwise seeking to implement a "bear raid" on the Company's shareholder base, including but not limited to hiring experts to advise me. I simply think that the CEO and Lois are full of shit and have taken advantage of the greed of a few undeserving people
you people give idiot boy WAYYYY too much attention
personal attack, for sure
No I didn't go
I waste enough time on this pig as it is
I was in Vegas for the first date, by coincindence
wasn't going to make a special trip
heck I didn't even get notice, which makes me wonder how the legalities of anything that happens there will work out
can't wait to hear from someone who actually went
I wonder if they're investigating me....LOL
http://www.forbes.com/2006/10/13/state-regulators-naked-shorts-biz-cx_lm_1016shorts.html?partner=yah...
Let the mudslinging begin!
State securities regulators have asked their federal counterparts to force the disclosure of more data on securities transactions, and to tell the clearing firm that collects this data to stop hiding behind privacy and other claims as its excuse for not doing so.
This is all part of the debate on whether aggressive short-sellers are gaming market rules on stock borrowing and trade settlement to drive down the shares of targeted stocks (the "short and distort" trick), reaping big profits in the process.
The U.S. Securities and Exchange Commission is considering ways to close loopholes in the regulations governing short-sales, especially so-called naked shorting. But some say the amendments don't go far enough, and the rhetoric is heating up.
Somehow I don't think Jim Dial is going to be involved in this discussion at all. Hmmmmmmmmm
Do you know if anyone truthful is going to the meeting tomorrow?
I mean I know that whatshisname will be there, and whatshisname 2 and 3 probably too, but an honest recanting of the events is unlikely unless someone with no bias, like me, is going.
I am very interested to hear what happens, or if they really are there after all. I'm still thinking that they go to an empty room, but that's for tomorrow's discussion.
all of the above is all my opinion only and not grounded in any kind of fact whatsoever....
it is entirely possible, that dialer has printed 350 million shares of GFCI stock.
It is also entirely possible that he has kept 180 million for himself and sold the other 170 million on the open market
it is also entirely possible that he has accepted a buyout offer from TTII, for .001 for the rest of his 180 million shares is now taking the money and running
the above is all my opinion and I have never been working in concert with any "naked short" sellers and/or otherwise seeking to implement a "bear raid" on the Company's shareholder base, including but not limited to hiring experts to advise me. I simply think that the CEO and Lois are full of shit and have taken advantage of the greed of a few undeserving people
andy the "shareholders deserve to get paid" statement tells me you don't quite understand what's going on here
Goodbye JD
Amen boruddda
I have seen nothing to show my anything other than that JD has sold the company, and will be stepping out, done, zipped up in the rollup merger and gone bye bye
I will be wurprised if he's at the meeting, and I will be even more surprised if he's ever heard from again AFTER the meeting, if he's there in the first place
I think this show's over and the merger is a way for TTII to get to a trading stock with some shareholders and some volume
hey, maybe BBB will write poetry about the new company management , too
the above is all my opinion and I have never been working in concert with any "naked short" sellers and/or otherwise seeking to implement a "bear raid" on the Company's shareholder base, including but not limited to hiring experts to advise me. I simply think that the CEO and Lois are full of shit and have taken advantage of the greed of a few undeserving people
What's remarkably sad is your meandering pablum of discursive negativism.
YOU HEARD IT HERE FIRST, FOLKS
BBB, back from land of the lost, and there's not any kind of discussion about the business, jet motors, the $2.25 buyout offer that they accepted months and months ago, venezuela, Libya, etc etc etc, (and in fact there's nothing in the agenda of the meeting either) and all ha can talk about is , ready?
CYOFISH's PABLUM!!!!!!!
what a joke
ps cyo- I think your pablum is the coolest one around heh
I'm suprised that there's not a lot of crowing about the people getting their meeting notice in the mail.
Mr "they bought me a taco and fires" isn't anywhere to be found, either....
"where'd my money go???"
LOL
1)the thing is, I don't care what anyone thinks of themselves and their postings, if there's no back and forth there's no argument and no debate
2)silencing "critics" on ihub, is the absolute biggest mistake you can make. A balanced viewpoint is necessary in any rational discussion about a stock. Notice I said "rational". The flaw in your approach IN MY OPINION is that there's no reason to refuse someone's ability to post here, in fact is probably lending more crdibility to his/her/their argument.
look, if I were here screaming repeatedly about how the sky was really indeed made of cotton candy, you wouldn't force me to leave you'd feel sorry for me, and probably very soon just stop adressig my stupid posts about cotton candy sky.
I feel so sorry for people with an abvious vendetta, such a skewed reality that they cannot see fact from fiction and their whole perception is so clouded that there's no swaying them one little bit.
IMO it's not a bad thing to have someone here stating the obvious. Hey there's risks here. Hey there's no gurantees and they haven't made any products with the stuff yet.
No shit sherlock if there were revenues we'd be a $10 stock with all this potential.
I just think it's waste of time and you're giving him.her it satisfaction. I've wasted enough time on this duscussion and poster.
The moderator can remove any/all unwanted posts and just has to justify it to matt.
do your thing
Yes there is an idiot here
no he's not worth the time to even bother with
next thing you know we'll be forced to look at copies of the forward looking statement disclaimer at the biginning of the PR's and 10's
oh yeah that's been done by the foolish one already!