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bcalter.....keep your head in the sand.....
I am fine with the company's business plans, and strategy
Listing on an exchange means what to you? How does it impact shareholder value as opposed to what is reported in a 10Q?
Please elaborate and explain "why my head is in the sand"???
Success of this company has no impact on the exchange on which it trades...back to the OTC:BB...fine!!!!!
Zero impact on business operations, staff, financing (we are debt free and self fundung now), and we are in the black by the end of the year.
so what!
The Company 8k Released through news at Schwab
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=4281015
Those AMEX excuses...Makes no sense does it...hmmmm...maybe something else is a foot here....hold tight....we all know the company is growing, debt free, and has great products/services, and a great team working hard.....all positives!!!
I really do not know why we remain on AMEX at all...never did anything for the company.
Not quite sure what you are saying or implying....please explain yourself
I disagree...Huff took a shell of nothing and built this company to what it is today.
Thos nonsense with amex is BS and we all know it. Business success is never driven by the exchange where a stock is listed....it is results. We have a performance pla by the BOD (I consider the Strat a Long Term R&D project at best, not a money maker in the ahort term) and the rest of the milestones are being met!
So reported in the SHM:
http://www.visualwebcaster.com/event.asp?id=34416
SHORTs, but not necessarily FTDs outside of the DTCC in the "ex clearing" system....unless the SEC audits these guys books critically.
On the OTC:BB the MMs control the flow...there is still an issue of FTD when they deal between themselves rather than going through the DTCC for clearing (called "ex clearing").
So what.... you may ask....same nonsense...different crooks.
Hopefully, if we are back on the OTC:BB they can do a forward split 15-1 and at least we can have the same number of shares we had when we left that market exchange.
vkoenig
Vern...why did you leave in the first place....was it over arguments related to design with those NASA folks?
And Bush says we cannot monitor our 2000 mile Southern Border huh?
LMAO
We were listed on the OTC:BB before
LOL rocketman..I agree totally...except being a registered
Republican...I hate being in that corner now as well. I am
politically homeless LOL
I always considered the Strat. project as "icing on the cake" and it is a long term project which, having worked in aerospace before, is very complex.
We all know what we have here. Like I said...the exchange on which a stock is traded on is meaningless to business development and success. The business plan is sound, the mgt team and staff are superb with a sharp BOD, well connected each of them, who will handle the clowns at AMEX soon enough, we are in the black in two divisions, with being EBITA positive by year end.....let's head back to the OTC:BB
Its better for us there...my lord!!!
Moving to another exchange will not impact business operations...maybe some paperwork to file etc....
The company is debt free, and on the road to be ebita positive by year end.....with two divisions in the black now. We will be self funding.
This housedad
http://www.investorshub.com/boards/read_msg.asp?message_id=12126315
tough day for everyone...even hell for me in my pool therapy...I don't know what pain is worse now LOL
who says it will hit sub-penny as you say...BS....you forget the 36,000 individal shareholders who have been around for years prior to AMEX and can think for themselves.
http://www.investorshub.com/boards/read_msg.asp?message_id=12105126
You bashers must think we are a stupid bunch huh?!!!
I agree with your thinking and that is why a move to another exchange will benefit us.
The AMEX is a POS
Unfortunately yes....
Remember that Senate bill passed recently that would have added 380 miles (out of a 2000 mile border) of fence along with Mexican border as a compromise? Well last Firday evening there was a Senate appropriations vote and guess what did not get funded! Did the news organizations pick that up?
Yes...corporate power is there...they finance campaigns and fund the Democratic as well as the Republican party. You mess with one of the "big guys" the regulators will be after you. Fact of life in this country....politicians are corrupt and bought off!
Plenty are out to get GTE.....professional short sellers, Hedge Funds, perceived competitors (ugly, but they will use their clout with whomever to get to a competitor...business can be come dirty with these folks).
Interesting to Note....This AMEX traded Company
http://finance.yahoo.com/q?s=LIV
has been issuing PRs like they have lost their own doses of Ritalin. They are okay with these PRs and but GTE reviewed PRs?
Hmmm....and what corporate actions are they specifically concerned about that they feel is not in "the public interest"? Maybe putting a little competition for one of Rupert Murdoch's holdings (by the way, one of his holdings is the NY Post..our good friend Chris Byron works for him there) and some...well, you know, a satelite company he may have an interest in?
Hmmmmm....smells...I say back to the OTC:BB
The Specialist and AMEX have done nothing with the months of naked shorts on this stock....speaking of calling the kettle black!
JMHO
Yes You are correct
I spoke with someone yesterday...forgot who...and he told me recently they moved the Exec offices and some of the techs upstairs to make room for some projects on the lower floor recently.
The BOD Plan is going along fine, except for the Strat.
We are debt free
2 divisions (out of the other 3) ebita positive
Pilots successfully completed or in progress
Huh?????
Look at any aerospace company...I once worked for Israel Aircraft Industries and we had unforseen delays like this all the time.
Not unusual...look at the delays AirBus is having with its next generation plane.....how about all of Boeing's delays....come on! BS...that is part of the business while in R&D
Another news wire from Dow Jones poped up on my schwab window....called the journalist in NY Freddy Sebastian; 201-938-5400; AskNewswires@dowjones.com and we spoke a bit. Of course saying he has to remain "objective" he thought this whole thing was a bit strange. Hmmmmmmmmmmmmmmm
I agree...also...the businesswire (dow jones news release) is not on Yahoo nor on GTEs own site...why is that you suppose?
rather nasty reply indeed....but truthful....Lawyers are involved now...
I will not sell...doesn't make sense
Business results not the exchange the stock is traded on is what matters. Earnings come out no later thn Aug 15th and that will be telling. If the two divisions, as mentioned in the SHM are EBITA postive and we have Strat progress by then...okay...
I may just go out and put in some BUY LIMIT orders for tomorrow to grab some shares on the cheap, when "weak hands" sell and lower my avg cost down.
Folks...what has being listed on AMEX done for us???? Really?
The company is going nowhere folks, business as usual...we existed before on the OTC:BB and it was better for us there anyway.
Every hear of Sarbannesoxley rules for auditors?
No we should have the halt lifted tomorrow
You make no sense....take accounting 101
actually......the inatitutions will not sell off until the process is clear...and even then,....they invest based upon the business.
Some competitor is playing "hardball" big time with GTE that is for sure.
EVERYONE CALM DOWN AND READ
http://www.investorshub.com/boards/read_msg.asp?message_id=12123500
AND THINK.....what has going to AMEX done for this company...zilch!
The company is hardly bankrupt.....it is EPS positive in two divisions as reported in the SHM and debt free.....people THINK FOR YOUSELVES!!!!
This could be good for us...now naked shorts have to pony up the counterfeit shares LOL
It is up to mgt to determine which exchange to apply to.
I was wrong about the delisting.....I believe the company will prevail in the appeal process. If not...then we trade on another exchange...so what?!
dow jones wire headline again