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Ok so at first it was
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79710470
Now it's 3-4 months....
And when 4 months come and go....?
Hold your CEO accountable.
Well, at one point you expected them to be done in "one month or less". We are now well past a month for the suspension.
Well the PR you keep posting sure seems to infer that he was going to deal with it during the 10 day suspension. But then again that his his style. A vague PR that can be painted anyway someone wants. As long as he has plausible deniability.
Just like the MSE PR. GTGP could have ZERO interest in GTHI and that MSE PR would still be ENTIRELY correct.
I have a feeling that nothing will be any clearer on the 25th.
So did Fallacaro deal with the financials in the 10 days following the suspension as promised? Or does he get a pass there too?
Yes the expectations are high for the 25th as they should be.
At a minimum I would expect to see a PR that clearly announces the completion of the takeover of MSE by GTHI and a clear statement as to the interest that GTGP has in GTHI so shareholders can properly evaluate the value of this acquisition to GTGP.
However, the pessimist in me sees another vague announcement, if any at all, that makes it all but impossible to answer that question. Then we get to wait another 4 days for an 8K. If that doesn't show up...then there is only one explanation......
...we will see.
The results of this elusive hot run have been announced?
What has happened to this stock, what is happening to this stock and what will happen to this stock is anything but funny. Sometimes sarcasm is needed to bring into relief the reality. Shareholders should be demanding meaningful information from this CEO.
Would you not at least expect him to tell you when the fins expect to be done? He seems to have no problem announcing other future anticipated events...even when they don't happen as expected.
Why not this most important of questions? Why?
Is he afraid to be held accountable?
In your opinion when will the announcements start?
What do you expect to hear, and by when?
Exactly.
Easiest prognostication to make...
Yup. Absolutely opinion on GTGP.
Informed by two years of watching suspended pinks end up in that exact state...to a one.
Dreams die slowly. There are a few listening.
Wouldn't it be absolutely hysterical if whatever value the MSE acquisition had did not accrue to the long suffering GTGP shareholder but instead ended up with the bankers and Fallacaro's crew?
Can see this one coming from miles.
Well in all fairness....it will likely be bouncing between 0.0001-0.0002 on $10 trades
Sorry, Oct 18, 2011 8K is about as factual as one gets. Unless Fallacaro is lying. GTHI is not, and will not be a wholly owned subsidiary. And the lack of a 8K within 4 days of the material event of signing the contract strongly suggests that GTGP ownership is minimal...unless they put in a majority of the equity. But we all know they don't have any to give.
Until some real facts come out to clarify that issue, that is the only assumption that has any validity at the moment.
Awaiting October 25th.
There are a few posts that will be coming back up on the 25th I am sure
That is the funniest part. The cement industry has successfully delayed the 92% target set in 2010 and the only thing on the table is the mass limit under consideration...and even if MBS did what some want to think it does, they wouldn't need it.
Pink sheet CEO statements like that have long history of being wrong. Fallacaro didn't do squat for 5 years and allowed this stock to get suspended....and suddenly he is going to fix it all?
The silence will become deafening.
Unfortunately for some it is not obvious when one is emotionally invested. Then they have to hang on any tidbit of information that allows the dream to stay alive....and ignore everything else.
My opinion is that Fallacaro can't file because it will expose prior false statements....or he can file false financials. Either way, the last thing he likely cares about right now are the common shareholders...as with so many other suspended pinks.
Understanding comes slowly.
Lol...95% of the volume was at 0.0032 or 0.003.
Yup ...nobody wants to sell at 4...lolzzz
Typical suspended pink tragectory on zee greys.
So how soon is "soon"?
Day?
Week?
Month?
Year?
Decade?
Suspended pinks don't come off the greys. How many of those 20 are suspended pinks?
ZERO.
That is a fact.
None of them are suspended pink sheets. Totally different situation. This has been debunked a dozen times. Try to find one of the last 1000 suspended pink sheets that has come of the greys.
There are none.
Typical grey sheet trajectory.
JSYK - the SEC does no such thing. They do not authorize or prevent PR's. That is entirely the perview of the company and the CEO. The only thing the SEC cares about is if you issue one, whether it is truthful in all regards.
The only entity that may have some influence on whether he issues a PR is his lawyer.
GLTU.
You should read the letter more closely. It doesn't even say that. I guarantee no lawyer broke out a calculator and started punching numbers. They would not even do a cursory review of the accuracy or else they could be in deep do-do as they are not an accounting firm, nor licensed to do so. They will take what the accountants give them verbatim. They will also do a check to ensure that the accountant is properly licensed/qualified to do them.
I realize that it might give a warm and fuzzy to a long shareholder to believe that this is the best thing short of an audit...but that it not reality...as many times as you want to say otherwise. The plain reading of that letter, which everyone should read for themselves and judge accordingly, is quite clear.
Now...as to whether the accountant got it right is a separate question...and if this Wilkes issue has legs...the plot will indeed thicken tremendously.
Well you got someone here with 2,500,000 at 0.01....go get 'em....if you are banking on that letter as confirming the accuracy of the filings....and there is no possible way they could be inaccurate, inadequate or incomplete.
They are confirmed to exist and be in the proper format.
They ARE NOT confirmed to be accurate....as the letter clearly states.
Only my opinion, but if you are now moving into capital preservation mode I would suggest you break the large block into smaller chunks....with some slightly different pricing on each. See what size and price gets hit within what timeframe.
If this is only a "can I get out at 0.01try, otherwise I am seeing it through"...forget what I said.
Because it is trading on the greys with no MM. Price swings are the norm.
Message boards abhor an information vacuum.
Fallacaro needs to cough up something to refresh the dialog.
I might have to leave...and a lot of people would be disappointed I am sure
only the stockholders matter
Exactly.
I hope CEO Fallacaro feels the same way.
Ok that made me LOL.
Good one.
Until the next post response....but not to worry.
I am on the 25th express as well. Lets see what happens.
Some financials would show he cares about GTGP.
...stockholders wait.
Just wait...
Everyone here talks about patience....
What is a LMAO moment is a $150 paint job.
Volume will pick up when the sp steps down a decent notch....then it dries up and the sp steps down another notch
Rinse, repeat....
But the announcement of that deal is a material event. The PR certainly implies something was signed and the process will be completed by the 25th.
The only way that what was announced in the PR cannot be considered a material event (for some entity) is if there is still an even chance it might not happen on the 25th.
Exactly. ROCK, meet HARDPLACE
Nothing probabilistic can be determinate
But something of high probability is worth considering.
The difference is important and worth understanding