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shbbitz, scam company GTGP is behind 7 years in its GAAP financial statement filings with the SEC, not 5 years
this is what investors would have said in the past about the SEC suspension of GTGP that was announced yesterday had it occurred at the time:
Today: Yes but the sec could have done this years ago. It's been five why now?
Sept. 18, 2011: Yes but the sec could have done this years ago. It's been six why now?
Sept. 18, 2010: Yes but the sec could have done this years ago. It's been five why now?
Sept. 18, 2009: Yes but the sec could have done this years ago. It's been four why now?
Sept. 18, 2008: Yes but the sec could have done this years ago. It's been three why now?
Dalman, seriously?
are you asking why a scam company would not be able to issue a press release stating that all of its press releases and public statements and SEC filings are true?
jwblue, when you say the timing of the "suspension" do you mean this?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79509518
12. What was GTGP thinking? It now appears that GTGP has not filed financial statements with the SEC that conform with GAAP since 2005 – a full 7 years.
HOW LONG BEFORE THE SEC WAKES UP AND REVOKES THE REGISTRATION OF GTGP’S SECURITIES SO THAT IT NO LONGER TRADES?
One month?
Two months?
Three months?
jwblue, thanks for the info
the problem here is the red below can't really be stated by GTGP
GTGP - The bogus $1.5 million in assets
or
How to make receive a $1.5 million convertible note without really trying
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79620752
GTGP - The bogus $1.5 million in assets
or
How to make receive a $1.5 million convertible note without really trying
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79620752
GTGP - sublicenses to Anasazi Capital Corp and Sadhana Equity Investment, Inc.
Sham transactions with empty public shell companies in order to artificially inflate the stock price and trading volume of GTGP
(note: this is a preliminary version - full details will be posted later this week)
1. GTGP announces multimillion dollar deals to sublicense the MBS technology for soil remediation to these two entities in 2009 and 2010.
2. The payment for the deals to GTGP is announced as about $3.5 million in total.
3. Both entities are empty public shells with only a few hundred dollars cash in each.
4. Both entities are initially controlled by a Paul Garcia, a deal maker from Irvine, Ca., who later resigns and allows two other individuals to become CEO's and sole directors.
5. The Anasazi deal is 8K'ed, together with the signed sub License Agreement by GTGP.
6. The Stock price of GTGP goes up 70% upon the filing with the SEC of the 8K by GTGP and volume goes up 100 times.
7. The Anasazi Agreement states that the $1.25 million was paid upon closing of the transaction. THIS VERY BULLISH NEWS IS WHAT CAUSED THE STOCK PRICE AND VOLUME TO INCREASE SUBSTANTIALLY.
8. A review of the latest Anasazi 10Q shows that the $1.25 million (actually $2.9 million because there was another sublicense agreement) was not paid in cash, but was done by issuing a note, which was carried on the balance sheet of Anasazi.
9. Soon thereafter Anasazi writes down the asset of $2.9 million and never collects one penny in revenue for the MBS product.
10. Both Anazasi and Sadhana are Florida Corporations and are dissolved on the same date a year later - Sept 23, 2011.
11. The above shows that GTGP filed false and misleading documents with the SEC to manipulate the stock price of GTGP into an artificially high price and volume.
12. This type of transaction whereby the agreement is filed with the SEC showing a cash payment of millions of dollars, yet proof is shown that the cash payment was never made, was also done by EMHI in its $25 million purchase of the IP agreement with SLUP. (details on the EMHI/SLUP sham deal to follow)
jcwillis, thanks
If people had listened when I stared posting last week, they wouldn't end up with the subpenny stock that that they are going to end up holding once the suspension is lifted by the SEC in ten days and it starts trading in the grey market...
choifunds, in response to your post
The game is over for GTGP
It will not trade for ten days since it was suspended by the SEC
On October 1st it will open on the grey market with no bid or ask and will show trades of one to five cents, eventually drifting to the sub penny level
GTGP will not spend the hundreds of thousands of dollars and two years to file the 28 10Q's and 10K's that it has failed to file with the SEC
There will be no market maker that will take the risk of filing a 15c211 form with FINRA in order for GTGP to to leave the grey market
FINRA will not approve the 15c211 if a market maker ever decides, by a miracle to file the 15c211.
The acquistion of MSE will not close
There will be no cement contracts
Eventually the SEC and possibly the US Attorneys office will file securities fraud charges against GTGP, its officers, directors, consultants and related parties.
Eventually the SEC will REVOKE the stock registration of GTGP so that it will no longer be able to trade
good luck
buc, there are problems
GTGP has to file 28 10K's and 10Q's that will cost hundreds of thousands of dollars to complete and take more than than 2 years
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79550932
in addition, the following are but two examples of the fraud that has been exhibited by GTGP:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79509518
and
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79639789
MadBrewer, GTGP DOES NOT control the exclusive licenses for MBS
GTGP has an exclusive MBS license from Solucorp for SOIL REMEDIATION
GTGP has 50/50 Joint Venture with Solucorp for MBS cement plants
and that is it
Janice the figure is closer to $8 billion now
briand, that is a good question
the answer is in paragraph #2 here
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79509026&txt2find=gtgp
the link to the SEC document 8K filed by GTGP is included also
good luck
SLUPPY, SLUP needs to find itself a new clean front public company to market its MBS products
both Global and East Morgan are much too tainted at the moment
would you kindly tell us how Global stockholders will benefit from an acquisition of MSE if GTHI is the acquiror?
who owns GTHI?
nope, not a chance
EMHI themselves will be in trouble
see #12 below
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79639789
A hearing has been set for October 1, 2012, on the Commission’s motion for a preliminary injunction. Separately, the Commission issued an order suspending trading in the securities of Freedom from September 17, 2012 through September 28, 2012.
so this is one of the 16 stocks that were suspended today by the SEC in that one litigation release
one has to wonder if any of the other 15 stocks and/or their officers/directors/consultants will also be charged with the SEC of fraud
Is that $0.04 Cents (which is $0.0004) or is it 4 cents?
GTGP/INDE - cash?...what cash?
James Fallacaro is the current CEO of scam company GTGP
June 2, 2000
"Fallacaro said he isn't worried about cash. Falcon Entertainment (INDE) went public last year, raising about $9 million in cash, and he expects the record label to make enough money to justify the TV and Internet costs."
http://www.wired.com/techbiz/media/news/2000/06/36708
four months later, Falcon Entertainment was completely out of cash. All $9 million gone, poof, gone:
November 30, 2000
Cash and Equivalents = $669
and Revenues for the 3 years up to that point for Falcon Entertainment?
ZERO
BBseller, you are correct on SMDI
First, the stock is being artificially manipulated to stay above the 30 cent level in preparation of the upcoming private placement, which will be based on a discount to some type of multi-day trading average.
Then there will be a re-capitalization where current SMDI investors will be wiped out almost completely.
Rarely have I seen so much tape painting after every trade, even at mid-day.
What is this baby worth per share?
Take a valuation of about $1.0 to $2.0 million at the most and divide by hundreds of millions of fully-diluted common shares and see what you get on a per share basis.
GTGP - sublicenses to Anasazi Capital Corp and Sadhana Equity Investment, Inc.
Sham transactions with empty public shell companies in order to artificially inflate the stock price and trading volume of GTGP
(note: this is a preliminary version - full details will be posted later this week)
1. GTGP announces multimillion dollar deals to sublicense the MBS technology for soil remediation to these two entities in 2009 and 2010.
2. The payment for the deals to GTGP is announced as about $3.5 million in total.
3. Both entities are empty public shells with only a few hundred dollars cash in each.
4. Both entities are initially controlled by a Paul Garcia, a deal maker from Irvine, Ca., who later resigns and allows two other individuals to become CEO's and sole directors.
5. The Anasazi deal is 8K'ed, together with the signed sub License Agreement by GTGP.
6. The Stock price of GTGP goes up 70% upon the filing with the SEC of the 8K by GTGP and volume goes up 100 times.
7. The Anasazi Agreement states that the $1.25 million was paid upon closing of the transaction. THIS VERY BULLISH NEWS IS WHAT CAUSED THE STOCK PRICE AND VOLUME TO INCREASE SUBSTANTIALLY.
8. A review of the latest Anasazi 10Q shows that the $1.25 million (actually $2.9 million because there was another sublicense agreement) was not paid in cash, but was done by issuing a note, which was carried on the balance sheet of Anasazi.
9. Soon thereafter Anasazi writes down the asset of $2.9 million and never collects one penny in revenue for the MBS product.
10. Both Anazasi and Sadhana are Florida Corporations and are dissolved on the same date a year later - Sept 23, 2011.
11. The above shows that GTGP filed false and misleading documents with the SEC to manipulate the stock price of GTGP into an artificially high price and volume.
12. This type of transaction whereby the agreement is filed with the SEC showing a cash payment of millions of dollars, yet proof is shown that the cash payment was never made, was also done by EMHI in its $25 million purchase of the IP agreement with SLUP. (details on the EMHI/SLUP sham deal to follow)
jcwillis, thanks
sorry that I couldn't respond on the GTGP board
It appears that I have been limited to 25 posts per day on that board
GTGP SUSPENDED BY THE SEC
So narnia, which one is it?
you said that the MSE acquision "just closed"
then immediatley afterwards you said
that it is "about to close"
tell us
which one is it?
Gregg, there will be no contract signed with Ash Grove
by GTGP
I hope this helps
narnia, scam companies do it every day
narnia and here is my response:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79620854
again, GTGP cannot benefit from the MBS energy/power plant market
PLAYER ONE - oh ok
and the reason why GTGP still states that East Morgan is a partner as of today on its very own website is what?
www.glbtech.com/ABOUT_US.asp
and
http://www.glbtech.com/EMHI.asp
Which is the reason why it is so hard to understand why anyone would be so greedy as to support this scam company
WARCTR, thanks for underscoring
why the MSE acquisition did not close Sept 14th
will not close by Dec. 31st, or thereafter
and why there have been NO contracts signed by MSE/GTGP with Governement agencies as of this point in time
narnia, oh, ok
however
you do know that there are ways for the CEO and/or his wife to sell million upon milions of shares of GTGP and still showing the net restricted shares the same with the Transfer Agent, don't you?
that is what scam companies do
if you want to know how, I will show you
but I don't think that the Fallacaros would be happy if the cat gets let out of the bag on this topic, particularly if you requested it.
wow!...this is sad
truly, very sad
PLAYER ONE - oh ok, I see
so when GTGP and Jim very specifically stated in a press release and its website that GTGP would apply to FINRA to get approval for the GTHI divdend, you say that he was only kidding and that it was not true?
and when they specifically stated that the "dividend" would be transferred over to qualified GTGP stockholders BEFORE the MSE acquisition, you say that he was only kidding and that it was not true?
good to know
narnia, you want links to prove that GTGP has generated ZERO revenues during the last four years in the MBS soil remediation area?
such no problem
here they are:
.
.
.
.
.
.
..
.
oops!
couldn't find them because GTGP HAS FAILED TO FILE 7 YEARS WORTH OF FINANCIALS WITH THE SEC
good try though
thanks you narnia
and this is EXACTLY why the MSE acquistion will NOT CLOSE
PLAYER ONE - the complete ownership structure of the private company GTHI
has not been clarified by GTGP for
before the MSE acquisition
or
after the MSE acquisition
as most normal companies would do at this stage of a transaction
so that stockholders would get an idea of whether or not proceed with their ownernership in GTGP
but, hey, this is what scam companies do
not surprising
narnia, the MSE was not closed on Sept. 14th
it will not close by Oct. 31st, Nov. 30th or Dec. 31st, if ever
good try though
narnia, wrong yet again
GTGP cannot benefit from the MBS power/energy market
Solucorp sold the worldwide exclusive license to another entity
and
The inventor of the MBS used by Solucorp has now patented a new more advanced MBS for the energy market that makes the one used by Solucorp/GTGP obsolute
but you knew this already
tincup, thanks for admitting that GTGP doesn't even have funds to pay its accountants to complete its financials
that is what scam companies do
there will be no MSE acquisition
there will be no cement contract
there will be no benchmark
tincup, in response, GTGP will sooon be REVOKED by the SEC for failure to file financials with the SEC for 7 years
these things happen