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I did not say it was fact but my belief...yet you are telling me to not post opinion as fact?!?!?
But thanks anyways....I think
I will go forth and say that he probably would have sold some of his holdings in GTGP on the last run up. NONE were sold!!!! NOT A SINGLE SHARE!!!!!
Well maybe...but...we have the mystery of the 1.7 million shares that can't be swept under the rug.
Now being an avowed pink sheet skeptic I tend to believe that this is what happened.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79958900
But there is no way to know...and THAT is always the challenge with pinks. Left reading tea leaves.
But a good assumption one can make is that ANY and all GOOD news will be brought forth immediately in the best possible light and BAD news will be hidden as long as possible.
So if you are having to ASSUME something good, it probably isn't.
Again, extrapolating and dissecting little words in phrases
Well, unfortunately that is all a GTGP shareholder can do. When I stand back and look at the big picture, the lack of clarity is astounding...when it really doesn't need to be. I think that is on purpose. Others disagree. We will see.
Trusting a pink sheet CEO (ESPECIALLY one that got his pinkie sunk to the greys) is a financially dangerous decision IMHO.
I did once and learned. They are MASTERS at building confidence, creating a belief structure investors are comfortable with and then exploiting that for their own purposes, and by the time an investor snaps out of it...money...gone.
GLTU
“I don’t want to be an absentee owner,” he said.
Well, that pretty much says it all...
I mean seriously...how many publically traded CEO's refer to themselves as owner...unless he really does personally own it.
Yet another smoke bomb of obfuscation...
Well there are only so many reasons
1) He didn't know he actually needed to file them
2) He forgot
Neither of which bode well for the company and stock...but we can likely assume it was neither of those. But for those that want to look at this as a "mistake"...those are the choices. And given the he has FIRST HAND experience watching his former company get suspended/revoked, it rings hollow he would not know what was coming here.
So....
3) He decided not to.
Now...was that a good decision? Answer: NO (suspension to greys Exhibit A)
Do we know why he decided not to? We do not. Are there ANY good reasons? Can't think of any when the risk is suspension which kills shareholder value. So obviously his concern for shareholders did not factor into his decision.
So what are we left with?
That it was in HIS interest not to file....it certainly wasn't in the company's interest without some pretty tortured logic.
Why would he not want to file...hmmmmmm?...hmmmm...thinking...thinking...
Important question, no? and certainly not one worth giving a pass to the CEO on.
Suspended pinks on the greys don't go up over the long term. GTGP would have to be the exception. So the basis for my statement is the history of all other suspended greys. On the other hand, to say it is going to go up relies on pure faith in this CEO and the market buying whatever he dishes out. To each their own.
As for .50 cents or a buck...I was just pointing out at in the space of two posts the target was cut in half.
Lets see what comes tomorrow. I am very interested to see what the ownership % that GTGP has of GTHI....but somehow I don't think we will be able to answer that question anytime soon.
Seems like a simple choice to me?!?
Why not 2 bucks or 10 or 1000? You think it goes up forever?
How about I say 10 cents....on its way to a nickel?
But yes, I think the stock is likely to see a nickel...again...and will never make 0.50, let alone a buck.
So...
that GTGP will see a dollar way before it even sees a nickel
Is now....
let's c who's correct, .05 or .50 first ?
Is the confidence in $1.00 wavering?
that GTGP will see a dollar way before it even sees a nickel
You do understand it has already seen a nickel post suspension....
Obviously, KMAG has been a victim of the newest type of 'bear-raid', where constant complaints by nefarious types (MMG) along with possible/probable bribes (SEC employees are VERY low paid and extremely susceptible to 'perks') win temporary injustices.
Couldn't possibly have been the result of an incompetent CEO.
There is alot of money in RFID and there are ALOT of legit companies chasing the market with ALOT of different offerings. There are literally thousands of patents and some big names...
...but somehow this suspended pink has the secret?!? pahleeaze.
If you can't keep yourself from getting picked out in a crowd of scams and suspended....what makes anyone think that you can run a business?
It's always funny to see the conspiracy posts by a bunch of anonymous posters about one of the few "non" anonymous posters. LOL.
And at the bottom we could put "Written by Janice Shell aka ___________ (insert your favorite secret identity here)"
I know you did. And you were remarkably patient in doing so as each question came up....Mulitple times. Was thinking about one FAQ sheet...since they were definitely "F" AQ.
Could be an FAQ type approach post on the grey sheet board that can be linked to....even with the very basics that take about 12n posts to get across.
Why is the suspension only 10 days?
Is going to the greys automatic and why?
What does my company need to do to come off the greys?
How many have been successful in doing so?
Why does it appear to be difficult?
I see stocks uplisting off the greys every day, why are they different?
What kind of stocks trade on the greys and why do I see high volume and prices in some cases?
How does grey sheet trading actually work?
can stock be shorted on the greys?
Etc.etc
Might take a stab at this myself. I know Renee's analysis was likely very helpful for a few that could critically assess their situation when the suspensions hit.
To be accurate that applies to suspended pink sheet stocks. Pretty much a one way journey. Many stocks though, start out on the greys...for a variety of reasons and can uplist in a relatively straightforward fashion.
There are two examples that have come back prior to 2010...but since then and over a thousand suspensions, none have made it.
GTGP is going to EXPLODE come the 25th
That might very well be an apt description....
You haven't heard? JR is emailing selected investors.
Hey, couple of million is a couple of million.
Looks like there is 2.5 million available at 0.01. What a deal for a large block. Someone needs to snap them up....immediately....ok, well, tomorrow.
Can you imagine, a 2,500,000 share trade at 0.01!!!
It would shut me up.
Put the bids in at 0.01 tomorrow! I am sure lots will sell there.!
I mean, what could go wrong?
Interesting analogy.
Lets say they could take your car away, if you didn't have snow tires on it when the snow arrives?
You'd probably get them on pretty quick to avoid that risk....
Fallacaro needs to annouce an auditor and a timeline for completion of the financials. Nothing would do more for the stock price than that right now.
It could be a 2 day window or a 2 year window...doesn't matter...my statement is still valid no matter how long the window is.
In case you missed it...
Each day that goes by with no financials filed is a day closer to revocation.
Each day that goes by with no financials filed is a day closer.
We are really getting caught up in this....sheesh.
If someone is going to do something "by" a date certain...then it should be completed BY the time that date arrives. October 25 arrives at 12:00:01 am. It should be done "by" then...hence before.
Didn't say "on", or sometime "after"....
Mercy...
Is there a different one?
I guess caution is being thrown to the wind with the next prediction of revocation.!
...and there's this website....
Lets revisit this question on the 25th...or 4 days later...or when we find out exactly how much of MSE GTGP really owns...if we ever do.
A lot has been promised before: fins,, divvies, etc. none have been produced yet.
Yes we have the appearance of MSE ownership, but unfortunately the PR of October 8 is still accurate even if GTGP owns none....why is that?
Might be nice if he was a little more specific, or definitive.
Awaiting news Thursday.
It certainly doesn't hurt to hang out and spin a few yarns and remember when.
It certainly can hurt....especially when you realize after awhile that the dance hall is on fire but the doors are locked when you want to get out!
And the 23 million is an upper limit on the IDIQ. They have to get awarded individual task orders against it. They might get to 23 million..or they might not. At a 10% profit they are looking at MOST a $500K profit per year...if that...assuming there are no delivery issues. Then you factor in the % ownership that GTGP may or may not have...
....value accrued to the GTGP common shareholder? Who knows...but not much.
The old adage applies here....
Fool me once, shame on you...
Fool me twice, shame on me....
I like CEO's that can make and keep their commitments. This CEO seems incapable of both.
So we shall see.....
Nothing else we can do with the lack of meaningful information from this CEO.
From 1983 to 1985, Mr. Fallacaro was co-founder of American Diversified Investors, Inc., a holding company which owned Diversified Equities, Inc, a registered broker dealer
And he didn't know, forgot, or was just too busy to file financials....?!?!?!?
....wow....sounds to me like there may be another reason then.
Thanks for realizing that
Ok. PR says "BY the 25th".
The 25th arrives at 12:00:01 am on Thursday October 25.
A plain reading of the PR says "BY" then which means that it should be on the website by then.
The PR did not say "on or before"' it did not say "on".
Therefore the plain English reading of the PR is that the annoucement will be posted to the website before 12:00:01 am Oct. 25th.
Any time after that is not "BY" then.
What a silly argument.
...lol. I guess if 24 hours is a "world of difference". How about "on the 25th, if not before"...or..."by the 25th...so when the clock strikes 12:01am on the 25th it will be there".
www.mse-ta.com