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UP 86% on $18k flow.
Can you say Tight tight....and the low ask is still another 30% higher.
This could be the beginning of a beautiful thing.
Thanks for bringing some common sense to this board workyourmoney
AWSL have hundreds of millions of $ in power purchase agreements, about to get approved.
Its been a long while, but investors patience will pay off.
Nobody anticipated the OP{A would have taken this long, but oh well, time is behind us at this point, and despite the long wait, the stock holds relatively well.
Once those contracts get approved, they will have some nice fat meat to add to the S-1.
QUOTE FROM OPA 6 WEEKS AGO:
In the coming weeks, the OPA expects to begin awarding more contracts for capacity allocation exempt (CAE) projects (under 500 kilowatts).
This is basic to understand. Maybe too basic for some nay sayers, who seem to dedicate their lives to this company. Attn naysayers, i promise you management and friends of this company do not spend time talking about you, as you do them. They are to busy securing new projects.
why don't you start by going to one of their customers and seeing the product for yourself. I do recall Bluwood putting out their own pr's , boasting about the performance of the new FI-88 product. (thats called third party verification jack) If you still don't believe it, ask Bluwood directly. Chnaces are, they wouldnt spend one minute on you (they are too busy selling thier product)
its been some time. Hopefully we get some news re the courts decision, or a ruling of some sort soon.
Then game on.
: )
why dont you try posting the real reason why AWSL was not mentioned in the last OPA pr re contracts instrad of giving half truths and misinformation.
Several posters have already explained this. But it seems to fall upon deaf ears. Hopefully no real investors read these posts, otherwise they will be mislead. C'mon guys, please post accurate info, and quit with the half a$$ DD.
Again, the last batch of contracts released from the OPA were all for projects larger than 500kw in size. Go back and read the PR and please dont make us longs post it again. In the PR from the OPA, they stated the next round of projects will all be for projects that are considered CAE, (which for those who have NO CLUE, means 500kw and smaller). The PR also stated these will be for projects applied for last summer...Read it for yourself, its all there.
Open your eyes even wider, and dig deeper, and read back to those old AWSL pr's from last summer and you will see that those projects all fall under the CAE capacity size (Again, thats 500kw and smaller)
Therefore, according t the OPA, while being capable of adding 1 plus 1, it is likely that a whole slew of AWSL CAE contracts will be announced any day. The OPA pr stated "in the coming weeks"..That was several weeks ago. Who knows (obviously not you), maybe they have already been awarded several of them, and we just dont know yet.
Mr Moderator, any chance that we can have this company's bio updated, now that we know MEVT doesnt own part of it anymore ? (in fact, it never did)
According to the recent filings, The intro is misinforming
kindly
time will tell.
According to the the OPA's last PR, they are suppose to be releasing CAE contracts this month.
And i believe that AWSL will have many contracts awarded during.
And I also believe they will (if they haven't already) be acquiring other companies and projects, as their web site defines their model to be.
Stock seems to be holding well, and they haven't been releasing news or doing promo.
You guys sit back and have zero faith, but lets see who is right and who is wrong, shall we.
As you know, my family works in the solar sector in Ontario and ive visited the offices of AWSL and know what they are all about.. I'm in the middle of it and there is a ton of opportunity out there in this sector right now. They cant fail.
You guys are in the dark.
But pls, be my guest to post daily, so i can refer back to them and remind you of what you once said.
Here, maybe this will wake you up:
Recent Trades - All 8 today
Time ET Ex Price Change Volume
15:59:09 Q 1.25 0.00 120
15:54:28 Q 1.39 0.14 1,000
15:01:29 Q 1.39 0.14 2,500
15:01:28 Q 1.39 0.14 265
15:01:23 Q 1.38 0.13 1,735
15:01:18 Q 1.36 0.11 2,500
14:15:31 Q 1.30 0.05 4,000
12:49:27 Q 1.25 0.00 565
Notice a pattern here ..its called short manipulation. As you can see, it traded nice all day in the green, but as always, someone tries to knock it down one minute before before the close with a whopping 120 shares. Talk about painting the tape. Oh well, as always, it will be green again next week.
We already know they are not in a quiet period. They have put two press releases out since they said that, so please dont try to spread false rumours. Are you blind and deaf too ?
When there is big news, they will announce it. Until then, the stock tries to keep going up anyways.
Monday will be a green day. Just watch.
i didnt buy all my shares under .02
wow, you got a lot of time on your hands to watch every trade for 8 months.
So you are basically saying there was wash trading. Thats illegal. When i purchased my shares, it was not wash trading. I had purchased significant amount of shares without spending a significant amount of money. I guess if i had of purchased the same amount of shares at higher prices (when you purchased yours), perhaps it would have been a significant amount of money. In other words, i bought my shares for way less than you. Sorry if i appear to be an amateur, but i am happy with my gains "so far."
its quiet here. IMHO, the calm before the storm.
its not only about the original shareholders. Theres newbies here too. To some degree, I am one of them. I averaged down significantly to my original small position. ; )
(at least is significant to me)
No worries though, I am looking for much higher gains than these sp's
I dont think a lot of new potential investors are paying attn right now. Its still a penny stock pink. The next "round" of investors will come with the "next round" of fit contracts. Just watch. Then the next round and the next round and of course, the next round. These contract are for twenty years. Thats plenty of time for the company to expand and focus on new markets, like Europe, the U.S, other provinces in Canada. Who knows, they likely are already doing all this, but not taking about it.
If management or IR wanted to, they could press a button and create, but the are not doing it.Nor are they selling. Why ? mwhahahaha. I know why, as you do.
I'm sure they are lining up all their cards. When the contracts come in, the S-1 will finally be submitted "properly", without any hles or gaps, and the next round of real investors will be here to feed.
I've never felt stronger about this company than now.
The climate in Ontario is crazy right now in this sector. So much opportunity, and its all coming to fruition NOW.. We only know a very small portion re what this company has been preparing and i think we will find out soon.
If any of the BS on this board was true, management would be selling. The stock would not be holding. But yet it hold and holds.
The writing is on the wall. Hang on tight.
Agreed on all fonts.
I'm viewing the court case as a lottery ticket, with great odds.
The company had held off of news for a long time. I suspect it may have had something to do with the court case. When the stock bottomed out, they released news.IMO, this proves to the coursts the amount of damage these guys who illegally sold those shares, caused. The courts cant blame the company, because they didnt say one word.
From what i can tell, the float mostly consists of those 6 million shares. Despite this, it is moving up quickly.
Dont be distracted from the negative "malarkey". Keep in mind, these loud mouth were their loudest when it was trading at .01 cent. Since then, it has gone up 1200%. Obviously nobody is listening to them. And the ones who did, missed out on 1200% gains, so far ; ) .
GL
the volume will eventually pick up. Who knows, maybe even promo one day, i hope
The word on the street is, the OPA is going to start releasing 20 CAE (under 500kw) FIT contracts a day throughout the month of March. (hey, thats now)
They will be released in order of application. Therefore, we may not see 30 or 40 AWSL contracts released at once. They could come in bunches. (undress the lady slowly as they call it)
( a friend of mine who sells solar panels told me this rumour is going around the sector)
According t the OPA's last press release, the next round of fit contracts will be awarded to CAE (capacity allocation exempt) project, consisting of projects "under 500kw".
All of AWSL's previous PR's all entail projects that fall into this category.
Like Tubbyfish said, we are next in line.
Couldn't get a better indication than that, as to what is about to happen here.
Contracts mean "assets", assets will lead to the release of the S-1.
I heard AWSL was working n a big project that they walked away from. It may have been they were going to rely on tht project to make their S-1 look pretty, therefore walking away from the project, may have delayed the S-1.
Lets face it , they only get one chance to release S-1 and present it to the financial community, so it better look good. It better have more in it than some debt incurred from past salaries that are being held back, and zero revenues combined with zero contracts, and whatever else typical start ups ave. As the OPA put it, this will all changes " in the coming weeks."
AWSL stated they have "dozens" of fit apps that the OPA have stated are awaiting for final approval. Plus as many others that are not in the OPA's "final" approval stage.
If AWSL gets 40 FIT contracts approved, at a long term value of $6 mil gross each, that changes the whole game here folks.
The immediate value of each of those contracts, if AWSL decided to sell them off, is $1 mil each, plus installation costs (if they chose to act as the EPC), which is approx $1.7 each.
Therefore, instead of waiting the twenty years to collect full value, each contract could generate $2.7 immediately. But i doubt they will sell any off..But rather Just show them as assets in the S-1 with 100% guaranteeed, secured assets. And use the guaranteed projections in their favor.
And that my friend is what we have all been waiting for.
I cant wait for this to come to fruition. Any day. Its going to look so good on these people who have dedicated their lives to saying that it is not real. lol
Thanks for your support mememe
: )
like you, he has no idea what he is talking about." Another" minion. He is only going by what other minions are saying. I have messaged him several times, asking for proof, and/or why he makes those statements. He appears not to now why he is making those outlandish comments.
You already admitted that you played AWSL and made good gains, despite talking negatively about it every day. Its clear, you have zero credibility. Next time i want investment advice in par with the advice you bring to this board, i will be sure to ask my dog groomer.
My family works in the solar sector in ontario. I live in the heart of it all. I've visited the offices of AWSL and other associated companies. I have been posting and sharing info, and have watched most of these investments that i support go up significantly in value, while you make negative comments every day, and claim i am somehow breaking the law by doing so. You claim in must be an insider because i know so much in comparison to you. The gains speak for themselves. The sector speaks for itself. I'm only here to share info, and get many PM's thanking me from ppl who have made signgifacnt gains based on info i share. Sorry if that offends you.
you slammed AWSL the whole time. I highly doubt you had the sense to play it.
You still dont believe its real. You're comical.
anyways, do enjoy the rest of your week following me and posting where i post while obessessing over AWSL.lol. pathetic
snip snip
your posts are written in a style that reminds me of my ex-wife's beautician. No matter how much time he spent, it was always a waste of time.snip snip.
sounds like you have moved up in the food chain in the world of beauty supplies.
Seriously, How long have you been posting against AWSL ? Almost two years now ? Since then, it went up from .10 cents to $4.84, up almost 5000% and holds strong at $1.30 after paying two dividends. . And you want to take a shot at me by saying I somewhow "lured" ppl into buying it by sharing facts that are readily avail online and by visiting the company's head corporate office. 5000% later, i dont see anyone complaining that i "lured" them .lol
Since i started posting regularly on the MEVT board, it has gone up almost 800%. Want to complain about that to ?
GRDC, up 300% since i started to post.
Like i sad before, I havent bought BICS yet, but i am thinking of it. Want to see how much higher the others go first.
But if you're smart, you will continue to follow me from board to board, to see where i post next.
you're almost comical.
bfn, mr snippy
(btw, once a snippy, always a snippy. A zebra doesn't change it stripes. As they say, you can take the snippy out of the bb shop, but you cant take the bb shop out of the snippy)
lol
Hey moderator, can you please change the intro page of this board. It does not reflect the company.
Please post relevant info, like maybe something from the new 8-K
Thanks
No, I'm not an affiliate.
http://www.thefreedictionary.com/affiliate
But I have invested in 3 of them. All but BICS. (AWSL , GRDC and MEVT )
So far i am up considerably on two of them. The third, MEVT, i am down on my original investment, (thanks joel Gardner) but have averaged down considerably on the premise Gardner and his clan are out. I'm really hoping MEVT still has a chance. But as they say, two out of three ain't bad.
I am going to wait for the other companies to get going before i invest here. Hopefully it doesn't go up before that happens.
GLTA
btw, my post wasn't directed toward you.
Its directed towards all the naysayers who have been on this board in recent weeks, saying this deal was dead,. That was right before it went up over 600%, from one cent, with lots more to go. Too funny.
that was weird. sorry about that.
here is my opinion: (as if you dont know it already.lol)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60278604
GL
I hope the association is as strong as some here are suggesting, because it means guaranteed business for everyone of these 4 companies. Each of these companies could provide one another with soooo much business, they would never have to go outside of the circle and still be successful. But make no mistake, they will go outside of circle.
Anyone who says this is a bad thing is an absolute idiot.
1.) (AWSL)- Potentially hundreds of millions of dollars in FIT contracts awaiting to be awarded. Maybe today !!! (some of these projects will certainly qualify for carbon credit offsets for BICS) AWSL has many huge contacts, including C & W, etc etc. also, well financed.
2.) (MEVT) - Supplies enviro-friendly solutions. Including bio-fules, etc. Some of which qualify for carbon credit offsets. Again, good for BICS. I can also think of some enviro friendly solutions that could help GRDC and AWSL, but i will keep it to myself in case it does come to fruition.
3.) (GRDC) - provides full services to the renewable energy sector, including Environmental Assessment studies to pre-developed solar and wind parks, energy monitoring solutions, complete Engineering Procurement and Construction services, even an O&M service that will clean solar panels and maintain inverters. Sounds like AWSL could possibly use some of these services : )
And how is this a bad thing ?
There is an overlap in MEVT and AWSL management.(Trahan and Baldwin)
There is also an overlap in BICS and GRDC (Dr. Luc Duchesne)
There is now an overlap with all companies now that Dr. Luc Duchesne has joined the board of MEVT.
This is great news !!!
We know that AWSL is well funded and these guys have been in the green space for many years. Dr. Luc has been in renewable energy for over 15 years and was responsible for designing the largest biomass plant in Canada for St Mary's. Google it.
Again, Anyone who says this is a bad thing is an absolute idiot.
Some idiots were trying to accuse management of being shady, because things were taking so long to get off the ground. Time and contingencies is a not a sign of shadiness. Selling shares into the market, is. This was not the case.
Management have been waiting for many many OPA (government) approvals to come back into AWSL, And as you know, the court case and the illegal selling of 6 million shares held up MEVT for a year,
As for as BICS and GRDC is concerned, they both came at the perfect time. this is all about to come together, imho.
Some on here try to suggest there has been shadyness due to promotion in MEVT and AWSL.
.
I for one think promo can be a good thing to generate awareness in penny's because brokers and analysts usually wont get involved. So its the only way to really increase awareness and help a company get a start. If you disagree, don't invest. To be clear, If management sells hard into the awareness program, thats not cool. Its actually terrible and would make them scammers. But we have not seen that behavior from this management
FYI, AWSL is up from .08 cents holds strong at around $1.30 after issuing 2 dividends. Without the dividends, the share price would be approx $2.07. Again, this is up from .08 cents. These guys are clearly not sellers IMHO.
PSC was charged due to not disclosing their earnings. that has nothing to do with AWSL. 1.5 years later, they have not been charged for anything, despite many on here contacting the SEC to complain etc. If thats not a sing, that they likely did nothing wrong, I dont know what is.
you guys can sit on the sidelines and say negative things each and every day, or you can recognize a potential opportunity and watch some of these stocks go up. Either way, it make no difference to me. But whatever you do, don't lie to other shareholders about info you have no clue about.
I hope the association is as strong as some here are suggesting, because it means guaranteed business for everyone of these 4 companies. Each of these companies could provide one another with soooo much business, they would never have to go outside of the circle and still be successful. But make no mistake, they will go outside of circle.
Anyone who says this is a bad thing is an absolute idiot.
1.) (AWSL)- Potentially hundreds of millions of dollars in FIT contracts awaiting to be awarded. Maybe today !!! (some of these projects will certainly qualify for carbon credit offsets for BICS) AWSL has many huge contacts, including C & W, etc etc. also, well financed.
2.) (MEVT) - Supplies enviro-friendly solutions. Including bio-fules, etc. Some of which qualify for carbon credit offsets. Again, good for BICS. I can also think of some enviro friendly solutions that could help GRDC and AWSL, but i will keep it to myself in case it does come to fruition.
3.) (GRDC) - provides full services to the renewable energy sector, including Environmental Assessment studies to pre-developed solar and wind parks, energy monitoring solutions, complete Engineering Procurement and Construction services, even an O&M service that will clean solar panels and maintain inverters. Sounds like AWSL could possibly use some of these services : )
And how is this a bad thing ?
There is an overlap in MEVT and AWSL management.(Trahan and Baldwin)
There is also an overlap in BICS and GRDC (Dr. Luc Duchesne)
There is now an overlap with all companies now that Dr. Luc Duchesne has joined the board of MEVT.
This is great news !!!
We know that AWSL is well funded and these guys have been in the green space for many years. Dr. Luc has been in renewable energy for over 15 years and was responsible for designing the largest biomass plant in Canada for St Mary's. Google it.
Again, Anyone who says this is a bad thing is an absolute idiot.
Some idiots were trying to accuse management of being shady, because things were taking so long to get off the ground. Time and contingencies is a not a sign of shadiness. Selling shares into the market, is. This was not the case.
Management have been waiting for many many OPA (government) approvals to come back into AWSL, And as you know, the court case and the illegal selling of 6 million shares held up MEVT for a year,
As for as BICS and GRDC is concerned, they both came at the perfect time. this is all about to come together, imho.
Some on here try to suggest there has been shadyness due to promotion in MEVT and AWSL.
.
I for one think promo can be a good thing to generate awareness in penny's because brokers and analysts usually wont get involved. So its the only way to really increase awareness and help a company get a start. If you disagree, don't invest. To be clear, If management sells hard into the awareness program, thats not cool. Its actually terrible and would make them scammers. But we have not seen that behavior from this management
FYI, AWSL is up from .08 cents holds strong at around $1.30 after issuing 2 dividends. Without the dividends, the share price would be approx $2.07. Again, this is up from .08 cents. These guys are clearly not sellers IMHO.
PSC was charged due to not disclosing their earnings. that has nothing to do with AWSL. 1.5 years later, they have not been charged for anything, despite many on here contacting the SEC to complain etc. If thats not a sing, that they likely did nothing wrong, I dont know what is.
you guys can sit on the sidelines and say negative things each and every day, or you can recognize a potential opportunity and watch some of these stocks go up. Either way, it make no difference to me. But whatever you do, don't lie to other shareholders about info you have no clue about.
GLTA
You're comical. Glad to see you have time to wander away from your station. Times must be tough.
Contacting the company and talking to them, is hardly insider trading you baffoon. Put the pipe down and pick up the phone yourself.
Shows what you know.
Now go back to your station and sharpen your skissors .EK
lol
All of these companies bounce off one another. Some of them probably qualify for carbon credits, which can be sold on the world market .(BICS)
BTW, Dr Luc D happens to consult the ontario government re the sale of their carbon credits. Does anyone think he might have any connection to sell them through BICS ; )
Speaking of the ontario government, and seeing how it appears to be fair play to talk about big sister or any other company ppl want to claim GT has an association with, the Ontario government is announcing another $3 billion dollars in power purchase agreements today (FIT contracts). I will keep you all posted if big sister is on that list ; )
The wait might just be over. YEEEHAWWWW
This will also be good for new comer GRDC.
Did anyone notice, GRDC caters to renewable energy developers. They do everything from Environmental Assessments on properties before a solar farm can be built, to EPC services, to monitoring the amount of energy that comes out of the panels before it is sold into the gird, to the "cleaning of solar panels" etc etc etc. It offers complete support services and does it all " in house." (any chance big sister can get a deal on services? hehe
Does anyone want to make a bet that big sister will also need "most of those services" immediately after receiving its new FIT contracts.
Can anyone think of some products that GRDC could possibly use from MEVT ? I could probably think of a few. Hopefully they wont give them any breaks on price. hehe
Did I mention these companies all bounce off one another.
Its funny how everyone was pointing the finger, making out as if some sort of affiliation was a bad thing. LOL.
I will say it again, the OPA has held up big sister, The dumping of 6 million illegal shares and the court case held up MEVT, therefore there has been delays. Its natural. But thats all about to change NOW.
The joys of investing in start ups 101.
I can see the .50 offer poking its head up : ) slap it.
[color=red]The Ontario government will announce on Thursday (TODAY) that it is awarding roughly $3-billion in renewable-energy projects to dozens of companies, ranking it one of the province’s biggest investments of its kind.
These are not my words, here is the article:
www.theglobeandmail.com/news/politics/ontario-to-award-3-billion-in-green-energy-contracts/article1918679/
Yesterday, the Minister of Energy in Ontario, Brad Duguid, did a phone in interview here in Ontario, and had a lot of great things to say about coming progress.
The wind, solar and hydroelectric projects will provide enough electricity for about 200,000 households, a government source said. Energy Minister Brad Duguid plans to unveil the projects at a news conference at the provincial legislature. (I will keep you guys abreast of this)
The projects will create about 7,000 direct and indirect jobs, and provide much-needed certainty for the nascent energy sector.
The government recently halted the development of offshore wind turbines, leaving industry players questioning Premier Dalton McGuinty’s commitment to green energy during an election year. But the bright side is, that energy will have to be made up for in some other clean capacity.
The government is counting on green energy to create jobs in the province’s battered manufacturing heartland. Mr. McGuinty is vowing to create 50,000 new jobs through his Green Energy Act by luring investors with the promise of generous long-term contracts that include a guaranteed revenue stream.
Last year, the government awarded more than $8-billion in renewable-energy projects to companies. With Many More to come.
Grid Cloud supplies services to the Renewable Energy sector. Everything from Environmental Impact assessments to EPC services to cleaning Solar panels.
This progress in Ontario is all good news for Grid Cloud.
Hang on to your hat.
The Ontario government will announce on Thursday (TODAY) that it is awarding roughly $3-billion in renewable-energy projects to dozens of companies, ranking it one of the province’s biggest investments of its kind.
These are not my words, here is the article:
http://www.theglobeandmail.com/news/politics/ontario-to-award-3-billion-in-green-energy-contracts/article1918679/
DannyTwin, its not at a stand still, however it has been bottlenecked. But while the OPA is/was taking its time, AWSL is still adding to its pipeline weekly. Do not mistake silence as a stand still.
The company told me it will not make any news unless it is contract/construction related. They described all other progress as just noise.
The promotion days are over.
The company is growing. These guys have too much invested to let it sit and know what is necessary.
Its a process and like all good things, is worth waiting for.
Yesterday, the Minister of Energy in Ontario, Brad Duguid, did a phone in interview here in Ontario, and had a lot of great things to say about coming progress.
Its a new program, so there are delays. (after all it is the government we are dealing with.)
I'm speculating, but If AWSL has 50 or 60 FIT applications in, many in final approval stage, when the OPA releases that next round, make no mistake, the S-1 will have substance to it and it will be party time.
The wind, solar and hydroelectric projects will provide enough electricity for about 200,000 households, a government source said. Energy Minister Brad Duguid plans to unveil the projects at a news conference at the provincial legislature. (I will keep you guys abreast of this)
The projects will create about 7,000 direct and indirect jobs, and provide much-needed certainty for the nascent energy sector.
The government recently halted the development of offshore wind turbines, leaving industry players questioning Premier Dalton McGuinty’s commitment to green energy during an election year. But the bright side is, that energy will have to be made up for in some other clean capacity. May I suggest rooftop solar : )
The government is counting on green energy to create jobs in the province’s battered manufacturing heartland. Mr. McGuinty is vowing to create 50,000 new jobs through his Green Energy Act by luring investors with the promise of generous long-term contracts that include a guaranteed revenue stream.
Last year, the government awarded more than $8-billion in renewable-energy projects to companies.
Much More to come.
I am sitting on the edge of my seat, watching for the OPA news.
Hang on guys, its coming.
Back to business. Lets keep it positive here;
This C-BED approach to doing renewable energy projects is interesting. Commu ity Based Enegy Development is a cool concept.
http://gridcs.com/cbed.html
FYI, the Ontario Power Authority in Canada is giving "priority" to community based projects. When i say priority, i am referring to "They are issuing power purchase agreements to communities, faster than they are to regular renewable energy developers.
Good strategy !!!
This Dr. Duchesne guy sounds like a super star. Read the info about him on the right side of the page/link i posted. Sounds perfect for this sort of community thing.
My guess is that, when you're dealing with communities, and/or townships, you need to have a good track record that proves you are capable.
As indicated on the web site, this community thing extends into the mining sector and lumber sector.
Dr. Duchesne was very involved in the lumber sector in the past.
Ya, i remember you digging that up a while back. Good job. But when i called the company, they told me they didn't have to start all over. But they didn't want to divulge, because they didn't want the enemy to know how to get around it. (always better to catch them off guard)
i'm glad to see them acknowledge the court case in a PR. They have to be accountable for any info they release through the wire.
I agree with you, the focus needs to be on corporate affairs, but this is pertinent info. Those 6 million shares coming into market illegally is the main reason everyone's investment tanked. Its relevant info.
again, if the defendants were served and did not fight it, there is an automatic default ruling.
Does anyone think Joel Gardne'rs car dealer in London Ontario really wants to fight the Delaware Courts re free shares the car dealer was issued ? The car dealer doesn't want to get involved, This is not his fight and he has no understanding of what it is he is fighting. Although his car dealer was issued shares of MEVT, i do not know if this is fact. This is only my opinion.(but im usually right.lol)
How long after the defendants are served, does it go into an automatic default ruling, if they don't fight it ?
: )
Thanks for posting the info.
I called the courts, and they will not tell me if all of the individuals had been served or not.
I asked how long it usually takes to serve 25 people. They said it varies.
They advised me to check with the company and that only the company's attorney could provide details of this nature.
________________________________________________________________________
quote:
LETS stop talking this BS and hopefully the merger is something credible
________________________________________________________________________
Re your above quote, its an acquisition, not a merger. Big difference.
maybe it was strategy to go quiet until the stock bottomed out. This way they could measure the effects and prove to courts press releases or the material they contained had nothing to do with the depreciation of share price. Maybe
Optimistic-
EV
champ, i cant see why an accredited guy like this Dr Duchesne would get involved here, unless he knew something we dont know. Why would he sell part of his revenue generating company to MEVT, unless he saw the benefits.
some were posting on other boards, trying to suggest Trahan must be part of GRDC and BICS due to Dr. Luc Duchesne, but from the looks of this PR, they are proud of the association, and spelled it out in black and white in this PR. Not normal behaviour for pump and dump scammers, like a few were trying to suggest on here.
I must say, we are lucky to have a guy like this Dr. D willing to get involved in a company. Especially seeing how 6 million shares were illegally dumped into it, and after dozens of people publish negative crap on message boards about the CEO.
Dr. D obviously sees Trahan's value.
Hopefully the rest of the shareholders will realize it again too.
Maybe Dr D knows something about the progress of the court case that we don't know, or the futute of the company. Why else would he agree for his revenue generating company to be acquired ?
(maybe)
I'm just Glad we have news..
GLTA
Yes, I agree with you, you would think that the courts should of had enough time by now to move in the right direction, and serve these people re cancelling those shares. Unless some of them could not be found, in which case, it would be a default ruling (in Delaware law, its after two attempts. And there should have been enough time to try to serve them twice by now.)
I think we may have seen the bottom, which may be an indication that "the bad guys" are all out of their positions/shares. If this is the case, FINALLY, and HURRAY. But whatever the case, lets get on with it.
In similar court cases in the past, other management have used the bottomed out share price to indicate to the courts, the magnitude of damage that was caused by the shares in question entering the market place.
It may also be favorable to show the accussed dumped their/his entire position, at which point the price finally started to return back upward. This proves total disregard for other shareholders, and that it was the accused's disregard/greed that caused the sp to drop. It can also be another strike against the accused. Add a little money laundering to that mix, and a ruling in favour of MEVT shareholders might be easy to obtain : )
(give them enough rope, and these scumbags will hang themselves every time)
I have also heard about similar scenarios where ZERO news was put out "until" the bottom share price was realized, and until management was confident "all" of those shares had left the hands of the accused.
I'm not 100% sure if that was/is the strategy here and now, but lets hope it is. If it is, its time to get back to business and start finding out news about the core business, if there is/was any, which i do believe there has been.
I still don't know if its a good time for others to buy this, unless my speculation is correct.
This is just my speculation.
There are some good people here, who don't deserve to lose a single penny. I really hope justice prevails here.
GLTA
Gerry, i respect you were"just" trying to share info on this board, but knowing you have supported MGON, no matter what the shareprice is, after a 50-1 roll back, even after it drops 95% makes a little suspiscious as to your credibility. And i really became suspiscious after learting that a guy named Gerry from the UK was issued FREE shares of MEVT, under the direction of Joel Garnder. But who knows, maybe it a different Gerry from the UK.
Makes me even more suspiscious as to why you would make a point of posting on every single board that you suspect Gilles Trahan is involved with the company. Doesnt make any sense, or does it ?
By the way, do you disclose to MGON shareholders and/or MEVT shareholders that you were issued free shares of both companies for "helping " ? I'm pretty sure it is the law that you have to report that. It also part of ihub rules. I'm pretty sure there is a special kind of membership you need. I will contact ihub for you and ask. While i'm at it, i will ask the SEC re the other laws.
Like you, I'm "just" here to help.