Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
speaking of escrow
I'm left wondering about the what? $50m in the PR
put into escrow by HLS for the buyout.
well let's get about 25-30 people
ripped off by this scam
and petition the SEC to do something about it
or get an attorney and sue them
for umpteen gazillion worthless shares.
For a supposed Dr.
you haven't learned to read well.
Tag, you're it.
Easy there BBB,
you do realize of course if you post facts
and include logical deduction, it will only bring
a tirade of nonsensical diatribe.
Imo, Dial isn't a victim.
If GFCI comes out on top in this lawsuit,
then he's not a victim and neither are we.
Victims are those who are preyed upon and allow it.
That doesn't appear to be happening with the Feb 1
court date so near. Looks more like a fight brewing
or someone is going to back down.
So what the heck, I'm giving odds of 2-1 for Dial.
That ought to drive the shorts bonkers.
I'm saying The plaintiff is either going to settle
to avoid a fight or flat out lose this one.
It's Rumble in the Jungle
Ali is in our corner and Foreman is losing confidence.
All that's left is waiting for the final bell.
ok, now we sit back and watch the nutbars howl.
Pretty much spelled it out.
This particular company is one I believe is going to
find itself in hot water with the SEC.
It appears they RS the stock, then print more shares
and just do it over and over again.
It's surely a quick way to turn $1000 into $1
while someone else holds your $999 that left the building.
Lentinman
That's flawed logic.
There's not enough evidence to support "scam".
It's not proven. It IS obviously very much suspected.
It is libelous terminology and crosses into a grey area
where Freedom of speech dictates "imo" must be used
to avoid it being libelous.
Therefore, it is still only an opinion and not fact.
Currently, our opinions differ possibly because I
require stronger evidence. This also means that IF said
evidence were actually produced, my opinion would change.
A scam imo, is criminal and illegal. This can require proof
beyond a reasonable doubt. In a civil case, the burden of
proof is less, being which is more likely than not.
Currently, there is not even enough evidence to meet the
requirements of a civil case and prove GFCI is a "scam".
Therefore, my logic is not flawed.
Even if the necessary evidence became available, my logic
would still hold as it allows for it to be introduced and
I can change my opinion. The same goes if GFCI produces
evidence which exonerates it as an investment.
Therein lies our difference of opinions.
Imo, the concept of God offered by xtians is a scam.
This is a null hypothesis.
It is neither proven nor disproven.
Again, it is merely my opinion partially based on all the
genocide, death and destruction accomplished in the name of
God by xtians. Same goes for Allah, imo.
So until I see a white bearded buy in flowing robes
sitting on a throne deciding if I descend to Hades,
I'm not accepting that premise either.
Lentinman,
Sorry, can't accept the "scam" bit
on face value in light of the fact
there are actual products being produced & sold
from CTT, Global Oil Tools, Kovac, etc.
A forum does not fact make.
As I said, the verdict isn't in for pro or con.
One position is just currently stronger than the other.
Neither is proven.
Going so far as to say scam when it isn't a fact,
is just plain wrong. If it was a proven scam,
shareholders would have sued already.
Having visited with some of them, they do know I'm
quite skeptical about GFCI, but some of them are
quite knowledgeable about GFCI. Just because they
don't share their knowledge here doesn't make it
any less viable.
I can also say that when friends have asked what's a
good company to invest in, GFCI is not one I speak of.
I just hit 22.5-1 on a pink after a long wait.
I heard almost verbatim the same scam/negative arguments
over a couple of years. It's all been proven false.
The company just remained tight lipped until it had
a lot of ducks in a row in spite of the yowling.
It is also a company I mentioned to only one friend
who is like minded in these things and he's made $ too.
He also didn't care if it never paid off.
It has and we visit and say wow, ok, that was fun.
It's become common knowledge that JD didn't approve
some of the PRs in question. It's pretty obvious there's
been some serious mistakes.
The last PR about Capstone isn't proven to be fluff.
So blanket statements saying scam/run or wow/buy are
both still highly questionable.
Both pro and con opinions currently have value because
there's just so much information that is NOT public.
I do believe there's an element that would love to see
a 100-1 rs just as there's some that would hate it.
It just isn't likely anytime soon, imo.
So we must agree to disagree until we know more.
I wish someone would dig up some facts on the NY lawsuit
such as why/how it was moved to a higher court.
It wouldn't prove much, but it would be a genuine indicator.
There's just not enough definitive info available such as
financials to affirm any opinion right now.
So like my 22.5-1 payoff, I'm willing to wait as I've learned
not to place too much value in the opinions on forums.
Lentinman,
The verdict's not out yet, imo.
100-1 rs or $1.00 SP are both pie in the sky.
There's so much misrepresentation and ridiculous
negative claims steeped in complete falsehoods
that it borders on the psychotic.
The bashing statements presented as fact concerning
things like the NY lawsuit for example in public
forums is just one example of how ludicrous and
downright childish this has gotten.
Imo, pass out the prozac to the extremists and lets
chill out and see what happens in time.
All the bashing did was encourage me to accumulate
more shares and average down and HOLD firm.
It certainly drives the nutbars wild and is worth
holding just for that effect alone.
agreed.
We need to see .25-.50 before anything else.
That's pie in the sky enough for now.
As usual,
PC says SAY ONE THING that's true from a PR.
Then it happens.
Then follows a torrent of uninvited ad nauseum repeats
all argumentative in nature and COMPLETELY ignoring
the fact that the one requested thing........
Has in fact been said.
Misdirection after misdirection.
And PC has completely ignored the disclaimer that followed.
PC will have to find someone else to argue with.
I have HLS shares and they followed the PR.
End of story and end of discussion.
Asked and answered.
This is why some people get consistently and persistently
IGNORED when discussing IDWD.
As for current SP, imo, the shorts having been cleared up
are now making another run at it.
If my opinion bothers anyone, don't read it.
IDWD paid the HLS dividend shares.
I know because I have them in my account.
That's one pr promise kept and it was asked to name one.
don't ask for any more though.
Better to ask me to pull a rabbit out of my hat.
more like now
we take bets on when the next RS hits.
I'll go out on a limb and say early March.
Chicken feed is what this is.
I'll start getting excited when it gets up to .04
and then takes a serious spike.
no problem.
Some people are just downright obsessed with GFCI.
For me, it's a pink for crying out loud.
It's supposed to be fun, like gambling in Vegas.
Thought I read somewheres that it is a federal case now.
Heck, I could be wrong about that.
I'm sure if I am wrong, one of the bashers will chime in.
It blows my mind how some people put so much time and
effort into a pink like GFCI.
I look for pinks that I might make some $ on, but after holding
for at least a yr. That way I get to keep more of the profit.
Imo,
it's pretty obvious GFCI is getting run thru the mill
by shorts. I'd like just once to make $ off the shorts
and GFCI is a candidate. I have a bit of my shares for sale
at $5.00 if it happens. Imo, that's having fun with a pink.
If it doesn't happen, oh well.
With Capstone brought in,
things are probably looking up to get shorty.
So, I'll just hold and wait and see.
B2L
Tag, you're it!
It was basic IF-THEN.
Of course, your snipping removed some context.
That's not nice.
----------------------------------------------------------
here's the complete thought again:
After some checking, it could end up proving beneficial
news when it gets settled. Of course, there's always a big
chance of it getting settled and no news breaking about it
if a nondisclosure agreement is part of the settlement
which is likely to happen even when the settlement is in
GFCI's favor.
----------------------------------------------------------
If you read my entire post, I'm questioning the assumptions
made by bashers who I definitely now believe have an agenda.
I know it makes me want to stick this out to the end.
If the goal is to make longs sell out, imo, it's having
the exact OPPOSITE effect on many of us.
Can you tell me, WHO moved the case into Federal court?!?!?!?!?
Can anyone here say WHO did this?
I'd like to know.
That one piece of information is CRITICAL to how any of us
might view this lawsuit. Without knowing that one piece,
bashers have no right to make any assumptions
and neither do those who are pro-GFCI.
All any of us can do is guess.
Notice the words I used, like "could"
You can substitute the word "IF" for "when"
(even when(IF) the settlement)
if that helps your comprehension.
I didn't say GFCI would win, just what one possibility is.
I.e. IF GFCI wins through settlement, then
Will we get to know about it or not?
I'm unhappy with SP, but math is math. 1+1=2.
The things not adding up are starting to pile up.
There's a conundrum here that begs to be solved.
The more GFCI gets bashed and especially with the same old
things, the more it makes me want to stick it out.
One can hope the SEC will.
Imo, with the Dems in charge of Congress,
we're more likely to see more punitive action from the SEC.
IDWD has been accused repeatedly of fitting into the very
things addressed in the article. If IDWD is actually
involved as claimed by some, I say nail their hides to the wall.
I'm guessing it won't happen.
In the meantime, perhaps some of those crusading against
IDWD would use their time to pursue their complaints
through the SEC.
Thanks Investorman
Now if the SEC will actually follow through.....
There's so many out here that might fall in this
category, that it might be an overwhelming task
for the SEC.
Even so, a few more jail sentences might stem the tide some.
Retail investors could really use some help these days.
If the SEC went after IDWD as a Ponzi scheme, it would
make my day to see one in action.
If it actually happens is another thing entirely.
Here's something that may help GFCI.
It's another possible serendipitous big boost.
Now the bashers will howl how this will hurt GFCI.
The problem they have is that so far, the evidence is in
favor of the longs here, imo.
SEC Targets Recidivists in Over-the-Counter Markets (Update1)
By David Scheer
http://wealth.bloomberg.com/apps/news?pid=20601203&sid=alPi86Bdl_ZM&refer=insurance
Jan. 26 (Bloomberg) -- The U.S. Securities and Exchange Commission will boost scrutiny of over-the-counter market frauds to identify and pursue repeat offenders who facilitate misconduct, the agency's enforcement chief said.
The agency will target even supporting players whose names are linked to multiple infractions in such cases, including lawyers, brokers, penny-stock promoters and shell-company sellers, Linda Thomsen, the highest-ranking U.S. securities enforcer, said in an interview yesterday.
``If you go after the other players, you have more effect,' potentially upsetting a variety of scams, she said. ``There are international implications.'
SEC Chairman Christopher Cox last year pledged to boost efforts to thwart frauds aimed at retail investors as the increasing concentration of wealth among older Americans threatens to trigger an ``avalanche' of cases. Those investors are often the targets of fraudulent securities sales, penny stock manipulation and so-called Ponzi schemes.
The SEC review may cast a spotlight on people whose names were linked repeatedly to past lawsuits, or highlight recidivists in current ones, said Thomsen. The agency usually seeks higher penalties against those who repeat misconduct.
Strategy Shift
Pursuing outside lawyers in over-the-counter cases would mark a shift for the agency, which more frequently goes after companies' in-house counsel.
Comverse Technology Inc.'s former legal chief, William Sorin, this month agreed to pay $3.1 million to settle SEC accusations he played a critical role in backdating stock options. He is among at least 10 general counsels who have quit or been fired during similar SEC probes.
``It's an intriguing area to look and may well prove to be fertile,' said Jim Cox, a Duke University law professor specializing in securities fraud.
Some professionals are thought to be more lenient in their dealings, serving ``as a path of least resistance, or a weak link in the network protecting investors,' Cox said.
The SEC will step up cooperation with criminal prosecutors to pursue recidivists and plans to develop computer methods to identify people with multiple violations, Thomsen added in a speech today in Coronado, California.
``We may have a case in L.A., a case in Fort Worth, a case in Chicago, that are on their surface unrelated,' she said. ``We will try to focus on actors in common.'
Over-the-counter markets trade stocks, bonds, futures and derivates that are not listed on one of the major exchanges. A Ponzi scheme is a strategy in which people are promised returns on an investment, with the money taken from new investors used to pay off earlier investors.
To contact the reporter on this story: David Scheer in Washington at dscheer@bloomberg.net .
Last Updated: January 26, 2007 12:21 EST
http://wealth.bloomberg.com/apps/news?pid=20601203&sid=alPi86Bdl_ZM&refer=insurance
One serendipitous something big
could possibly be when the NY law suit goes away.
After some checking, it could end up proving beneficial
news when it gets settled. Of course, there's always a big
chance of it getting settled and no news breaking about it
if a nondisclosure agreement is part of the settlement
which is likely to happen even when the settlement is in
GFCI's favor.
Of course, no one bothered to post just WHO moved the case
into Federal court, there's just a lot of negative assumptions
with the news delivered about GFCI.
It sure does seem like an awful lot of effort has been put into
trying to beat up GFCI and JD. Sure, I'm really unhappy with JD's
mistakes and current SP,
BUT
more and more info keeps surfacing among the longs which
indicates there's a whole lot more going on beyond GFCI's
control that's having negative effects on SP.
Imo, the longs should keep whatever info they find to themselves.
Let the shorts sweat, squirm, berate and howl.
Yesterday, I had a 22.5-1 payoff on a stock I've been into for
5 years. This latest payoff was on shares I received just over a
year ago. The company has had many of the same type of mistakes
as GFCI, but still, it's paid me off twice. Once after a 5 year
wait at 25-1, and now again off of dividend shares and all with
the lowest tax liability since it was all over one year @22.5-1.
The bashers just like so many here and on other boards,
well, they've scurried away after the past years of ranting.
Sometimes, it's better just to vent when you're unhappy like
some of us do and still hold on, but have the temerity to
ignore the paid bashers.
Mr Bill's all talk, Lentinman
and he talks out of both sides of his mouth
and what is said isn't always true.
Silver Hawg is one example.
Too many have actually seen it in person.
At the next sh meeting, he's more than welcome
to say anything he wants, face to face.
Otherwise, his obvious bashing is a waste of my time.
By phone, he'd only want to try and learn what facts
about GFCI, I know that he doesn't.
The constant time he wastes ranting like a broken record
obviously has a peculiar motivation.
He didn't even have the stones to attend the last sh meeting.
That says more than any of his words, imo.
Never argue with an idiot, it brings you down to their level.
I agree there's little real attacking with the
exception of a few that out right bash both here
and on RB.
Ripping?
That's some pretty thin skin to have a reaction like
that after being wrong on 2 of 3.
Things get more and more curious.
When anyone is wrong on 2 of 3 but says they can predict
with certainty the direction GFCI will take, hmmmmm
makes me wonder just what's at work.
Share price is off base and overly low and the accusations
that are also off continue. It makes me wonder why.
Logic dictates there's some high levels of motivation
involved that want GCFI to plummet.
A rs doesn't make any real sense either.
Don't know if it's excellent news.
It just gives a bit of confirmation to what we've been saying.
Now we learn just how dedicated longs are.
Depositions go both ways.
Now a lot of folks are going to find out what JD is made of.
Personally, I'll wait to get excited until I see the next
PR and what substance it has.
This could work for us or against us.
We could see things improve or go sub-penny
depending on just what the details involved are
and who jumps ship along with the rats.
In the meantime, am treating it as another rumor
until we see something official.
Like had said recently about lawsuits and shorting
and whoomp there it is!
Lions and tigers and bears! Oh MY!
Lol! Mr. Bill was sure JD had 3 bodyguards.
Mr Bill needs some sauce for his crow.
Or
they can spend say $1000 and buy in at .0002
then after it does the customary RS
watch that $1000 turn into $2.50.
It's a loser all around.
Imo
scrap the merger.
Have a new meeting and vote on creating our own
clean shell ready to go to the Amex.
Time to clean things up, move on, and move forward.
Rotflmao!
good one lentinman.
you beat me to it.
There was one for JD's table at the meeting
who looked rather stout and not much for hair on top
standing and one for Mr Ben, the black guy with the
cowboy hat. Note I said standing.
Casino uniformed security doesn't count.
This is different from what Mr. Bill said.
Which is why I'm still laughing.
SDNA was the symbol not SLJB.
The comparison to IDWD still applies imo.
It does amaze me how hyper some are about pinks.
If good investing rules were followed, there
wouldn't be such tension. The first rule is:
Don't invest $ in a pink you aren't willing and can't afford to lose.
It's really the most important one.
Otherwise it's casino gambling and odds are always with the House.
Either way IDWD goes is interesting to me.
Now let's watch them get really nervous.
The only downside to this presentation:
http://www.businessjive.com/nss/darkside.html ,
is the company never really recovered and is in Limbo pretty much,
the example company that is.
The lesson is:
What is to be done to keep this from happening to GFCI?
Seems to me that JD wouldn't exactly want to end up as the
scapegoat for what's currently happening.
I would offer that he's currently in that very position.
Now, how do shareholders go about changing that?
It makes a lot of sense to investigate the ones trying to
do just that instead of calling JD and expecting results.
There seems to be some serious investigative DD talent among
GFCI sh, so perhaps some of that can be put to good use.
Think about it.
Who showed up here and when?
Who would they represent and why?
Who would howl and rant the most now if exposure seemed possible?
Wouldn't it feel downright good if nefarious actions were
brought into the open?
Wouldn't THAT benefit the long SH the most right now?
Besides, things here would quiet down a mite.
Here's the link
If you follow along, the example set is pretty similar
to IDWD, imo.
http://www.businessjive.com/nss/darkside.html
So, I didn't have the symbol exact, big deal.
The main point is the similarities of the example
to IDWD.
Uh YES, this stuff can be made up.
Should I do one and include some tears for effect?
Bingo!
Perfect timing.
I've been waiting for this.
It only took 3 days and a phone call to wake up.
Thanks for proving my point.
Stick to checkers instead of chess.
3 bodyguards! lol!
Myth.
Probably
got the symbol mixed up.
>what`s your take on this company
>Sell, and RUN LIKE H-e-double toothpicks!
Of course, my hypothesis is that THIS is EXACTLY
what is desired and current events are providing
proof positive. This hypothesis was initiated after
attending the SH mtg.
Of several hypotheses formed after the GFCI SH mtg,
this one has gained the most support and is the
most firm to date.
I may be wrong
but it seems that SLJB has been used publicly
as an example of what can happen to a company
when targeted by naked shorters. I believe it
was the CEO of Overstock that made the presentation.
I believe I posted the link some time ago to it.
I may have the symbol wrong.
Pinks are fun plays for me and don't get much of my time.
But if I have it correct, then the entire pump and dump
scenario given here would be incorrect.
The 995ad.com comments are correct from my own experience
as far as the site having little or worth.
Now that the shorted positions appear covered, it seems
very likely that those involved at some level with
naked short positions would have a lot to lose and thus
a flurry of diatribes concerning IDWD would ensue.
I too am highly suspect of these sudden positive posts
just as I suspect the veracity of negative ones.
In their favor, most of the negative posts are concerned
with posting facts, except most of the facts posted are
concerned with very very old info which ultimately gets
dismissed by most.
IDWD's problem is that there simply hasn't been anything
released in PRs recently which confirms or denies any
position, be it pro or con.
It's all speculation pretty much at this point either way.
If I was new to IDWD, I would shy away from investing in it.
Since I've been a long for some time, it's worth it to me
to see how it plays out. I'm just satisfying my own curiousity
at this point. My costs were covered early on.
I just want to see where this ends as it now appears in Limbo.
IDWD has been in Limbo for some time now, imo.
Will IDWD disappear?
Will it pay off?
Imo, the distribution of odds are about 50/50
inspite of all the noise either way.
Sorry, $45k
This simply is not believeable.
Imo,
this is the negative side of the hooey.
My hypothesis proposes a negative and positive joined approach.
Certain parties recently became nervous in the service
and current SP is the result.
I expect we haven't seen the worst yet.
>trinity? A load of HOOEY?
This Dr. Bill presentation then also lends credibility
to my own hypothesis.
It's some murky water indeed.
current events lend some solid credibility
to this hypothesis
---------------------------------------------------------
>Still keeping that NDA? Still holding?
Compensated in any way by Jim Dial for his performance???