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IF there is no current dilution and... IF there is enough interest generated that the pps reaches their proposed $.02 book value... I could see longs keeping shares close to the vest, which would considerably lower the buy back share count needed to reach the target $.50 pps.
Bo could be on stand by with a roll of paper towel for Al whenever he comes up for air.
How about a GDTK reality series? The one with the guys digging for gold in Alaska is popular enough. We could have one with Al Reda digging in landfills.
I agree, one site doesn’t amount to much cash flow wise... but it will show they have the ability to get things done and follow through with a plan. #1 will be the hardest, the rest will fall into place. If they cant get the first one up and running by their June date, (a working prototype that is already proven and functional), then they will truly show themselves to be completely inept.
Don’t beat yourself up too much PTL. A year ago this time I had sworn off this company and had sell orders in. When the news of the new business model broke and Bo was announced as the new face of the company, I decided to stick around. I am giving this until June, which is their timeline. If the new site is not imminently close to getting up and running, I’m out no matter what excuses may come. The timing is right for them right now. If the stars are aligned and shining over GDTK and they still screw it up, then theres nothing they can say about any future business plans that I will believe. Period. GL
Agreed.
bhapa, you’ve certainly changed your tune!
NVDL Bouncing
In all honesty, I’ll be surprised if you get an answer. If you do, it’ll be a good sign. GL
Yeah. Well, the two things I think we have going for us on the personnel level are the new blood in Bo and Reda’s age. I’m hoping that Bo is interested in legitimate business practices and not flying by the seat of his pants by emulating Reda. I’m also hoping that at this point in Redas life, he’s no longer interested in having to dream up new scams. It all looks too good on paper to screw up.
I should add... I appreciate all of the positive energy on the board. Guys like AAEM and bhapa, who are able to look at what is and not what was is an inspiration. Unfortunately for me as someone who has been around for awhile, what was is all I have to go on until they show me something else. Getting the financials up to date and on time, responding to phone calls and email queries, updating the business model on Scottrade, and generally acting like a real company would be a start. Dress for the job you want, not the job you have.
I agree. I think the filing debacle goes back to Reda having never been concerned with filing on time in the past. There is a lot of catching up to do. I think its clear that the only reason Reda filed at all was to be able to stay on the OTC and sell more paper.
Whenever I start to doubt that this go is legit, I think about all of the money TV appearances. At 18K a pop, they’ve racked up quite a bill and haven’t sold nearly enough shares to cover it and pay themselves anything. They have to get the pps going one way or another or go belly up in a hurry. Whether the move is on legit progress with the sites or momentum based on more speculation... It should give anyone with cold feet a chance to get out. I myself have a pretty high risk tolerance.
He was referring to another stock. Lets stay on topic everyone.
Maybe he’ll check in and clarify.
I’ve been reading posts over the past month referring to this, but don’t recall hearing it from the company. Was it in one of the Money TV broadcasts?
Im with you. It feels different this time to be sure. But for those who have been here pre GDTK, its definitely a gut check.
Scotty (and I read Zecco), are accepting orders if you’re serious about getting in.
Insiders must have snatched up all the shares they need ahead of financials ;)
Though its impossible to guess what Al Reda will do... The fact that they haven’t had an R/S yet, when its followed every other symbol/business model change, bodes well. It gives the impression that the stock price is secondary to them at this point, behind actually getting a site up and running. On paper, it looks like every other Al Reda company was a pump and dump scam. I think if GDTK were another one, we’d have seen the reverse split by now. He knows full well the catastrophic results of a triple zero R/S.
The sporadic volume fits with the sporadic (or lack of), news.
It may be a lotto in the future. But its definitely not a candidate for flippers at this point. IMO
I believe it was a runoff issue. Regardless, he mentioned a holdup that had nothing to do with GDT Tek.
Thats correct. However, during Bo’s last TV appearance he eluded to a holdup regarding some waste runoff issues that the landfill is dealing with.
It may also be NITE trying to move up and get 2 on their own inventory. The momentum hasn’t caught on yet so they’re not risking sitting at 2, while other MM’s cash in @ 1 as buys continue to trickle in.
NITE keeps jumping on and off of the ask as retailers decide whether or not they want to keep their sell orders open @ 1 or gamble on trying to get 2.
Agreed. Just one unit up and running and generating electricity / income will bring funding for multiple projects simultaneously, IMO. If they stay on track with their May / June timeframe, theres no reason not to believe they can deploy the other 5 by end of year.
PTL, Is that you buying all those shares?
MM’s or Market Makers sell the stock you buy out of their own inventory. They make their profit on the spread just like you and me. VERT like NITE is one of the key MM’s on the OTC and handles both wholesale and retail trades. You put a bid in with your broker to buy a stock, the MM executes the order by selling it to you. My reply was to a post by Think or Swim, because he claimed things would begin to move once VERT got off the bid. According to Think or Swim, VERT is diluting for GDTK. I’m not sure how one would know that, but nevertheless, if he has some sort of insight that were not privy to... then we just fulfilled an important criteria.
VERT just moved. Now 4 on the ask.
Money TV Link
http://www.moneytv.net/newsletter.htm
Its a good sign that without many PR’s, people seem to be doing their own research into the technology... and buying in.
True. But if the company is diluting, well... then...
Newbs: Most complete write up on GDTK to date.
Thanks to Stamb for posting.
http://issuu.com/wasteheatnews/docs/gdt_tek__inc_report/1
Thanks Stamb. Going to sticky it with a title for newbs
Agreed.
Hopefully its for real this time.
I have plenty invested here and am ready to see GDTK do something. But in fairness, I think this company’s 20 year history of 6 business model changes wrought with reverse splits is reason to be skeptical.
Good. I’ve never seen it happen myself.
I think he’s talking about RTR?
I’m not saying that these mergers never happen... Im sure that once in a great while theres one that does. All Im saying is that theres a PR every week about a Pinkie either merging or acquiring some other company. Every time I’ve payed attention to one of these, the deal falls through after the pump.
Predictable.
I have yet to see a Pinksheet stock that has put out news of a merger actually complete one.