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Yes. 0.001 pre-split = 10 post split. 0.001 X 10,000 = 10.
Yes. but very few shares 500,000
A pharmacist friend of mine told me that they did not only loose the blue cross prescriptions but also relative of those with blue cross but with another insurance are lost as well.
I recall talking to someone at Scottrade and he told me it is a mandatory exchange.
I guess we are all using different brokers and we all have the same issue waiting for the new shares.
It happened in 9/13/2011, a sale of 500,0000 at 0.001, something like this.
I recall this too. I think they have $100M contracts. This is another big add to the stock value. But I think they need to get something running then they can talk about other projects.
I think there is a lot in the stock value more than what it is. If one day this Company comes out of its darkness, it will go very big.
GLTA
Here is a new PR, but it is old news.
http://finance.yahoo.com/news/piezonuclear-ultrasonic-cascade-reactor-tested-133000010.html
Ask and bid changed. I think MM are trying to load more shares at a very low price. Also, may be trying to unload before a big loss.
I heard about it, but the bond was for new projects which I believe the new 20MW for which they bought the land recently. I think they need to focus on the first deal with Steriwave and build the 150KW and the 9MW contracts. That can help them with the rest.
I believe so. Operations means getting units in the production line and generating revenue.
I think it was mentioned that the unit will start operation by end of March. I give them to May.
Then after the first unit, the 6 PG&E units will start to be built.
I can't guess a time. But the financial appears very simple to some extend and no really technical issues that can take that long. It depends on the auditor time and Company's ability to respond fast.
If operation started, we can see trading volume. I think if operation started and they filed the financial, it will go up.
I think we need to be patient, we can do nothing else.
GLTA
Filing with the OTC does not mean filing with the SEC. To be named current with their filing it means they filed with the SEC up to the current date.
Having the financial in the OTC can help people to see what is going on.
I think they are working hard to be current with their filing. They have the financial ready for review and audit to be done and to file with the SEC. I think they are trying to show this to the investors + help the investors to see what is going on financially.
Also, having these financial, the operation progress and my communication with Steriwave director appear to me that Steriwave stepped in to push things to move.
GLTA
PTL and All,
FYI, the Company is not current in their filings. The Company filed current financial statement with OTC. It is a great step to be current soon. The financial statements are there, financial support too; most likely financial statements are being reviewed and audited to be filed with the SEC soon. It looks to me that they are working hard to straighten everything up.
It is about 2 months or less from the time that AR is gone and several things took place:
1- Financial is there in OTC, needs to be with the SEC
2- Shares restructure,
3- Cascade recreator is shipped to US
4- First unit (150KW) is in relocation process
5- New 20MW contract (consider the old 9MW contracts and the 150KW relocated)
6- A land is acquired for solar energy.
I think new management deserves to be trusted.
Note: 800,000 shares are issued as a guarantee to Steriwave and will be returned to GDTK upon payment of the debt. Company is not fully diluted.
With the above going on, I think we will see operation starting soon as promised and we will get this to be moving. I myself planning to hold onto this until it gets to where I am aiming it to be and to load more during the current time (doubting what is the bottom to load at).
Good luck longs
Cascade is completed and shipped to US.
More new information is here:
http://media.wix.com/ugd/1d954b_e04796e263954950afc0c6261b10ee23.pdf?dn=SteriWave-GDT-TEK%2BCompany%2BAnnouncement%2B03-01-12.pdf
flaflyersfan, these are old news.
Recent news: new management, new industry, new technology, new share structure, bid and ask.
GLTA
Here is info. I think there are huge number of short. Also, there are treasury stock. I might be wrong and the data is not updated correctly.
http://www.otcmarkets.com/stock/GDTKD/company-info
Great info. Thanks!
I believe this sale is made to scare people off and to make them sell their shares at any value. It can't worth this value. The Company can't worth $400K or even less, when they get $20M funding.
GLTA
This is a good source of information, especially it is from Steriwave directors:
http://www.steriwave-gdt-tek.com/#!company-news
It looks like the 150KW project was completed; and relocation is what they were waiting for. I think, we might have a PR very soon. The cascade creator was waiting the final assembly. End of March will be the other 9MW projects. I give them to the end of May/June.
When will we hear about the financial statements?
No one has the new shares yet.
Everyone can put the offer for trading during the waiting period and will buy according to the new share structure. It might not happen too.
Thanks!
I think LVCA has a proved reserve and started to capitalize the expenses incurred. I believe down the road, they will move up.
I can't understand the MM roles or intentions other than making money for themselves. But wouldn't they make more money having the stock price moving upwards?!
GLTA
According to a webinar presented by BO on 9/2011, as I recall, the 38.8B shares have approximately 25-50% are issued to Steriwave as a gurantee. Another 25-50% is issued for the conversion of the preferred stock, convertible debts.
The rest were issued before buying the merger with RTR and being into the current business. Remember new management is on board, Ralf Horn, Steriwave. AR is out.
The RS won't change any value, market can. It will decrease the number of shares accross the board resulting in less shares and higher value per share. I recall people were complaining about having 40B shares, now they are going down to 4M shares. Why are they still complaining?!
People can dump all their shares at this time if they want. Also, people can buy all the dumped shares if they want.
GLTA
I talked to scottrade yesterday, they said yes there is an R/S. They will replace the shares when they receive the new ones. I think they are working with the attorney on this. Also, they might be working on the financial as well.
R/S with current filing status and without operating units might take this down to the same current level, imo. They might do it and buy back shares to have available outstanding shares, since there is no more available shares. They might do it and authorize more shares. Management would like to have some available shares to pay themselves down the road. Also, neither management nor Steriwave wants to lose the value they have, so they may not want to do RS without having something solid to increase the stock value.
In all cases, there is a technology with lots of potentials, there is $20M funding for now, there are existing contracts with customers; and best of all is AR is out. Based on the company's presentation of the cash flow for the existing projects, the company's value is much higher than the current value. The PPS will move up one day or another, just needs our patience and management needs to communicate better with us. They can do this when they have something solid to say.
GLTA
I talked to them before. I felt the same and felt they are trustable. I am happy with the company results. I just do not know why the stock went down so much and stuck at this level. I wonder if you have any reasons. Also, I wonder what the company is planning to do next with the results that they found.
TIA
What happened over the last few days to have the stock to move almost 70% up? Why is the stock way below the net asset value per share?
TIA
Does anyone get hold of management to know what is going on and what is the management plan to promote this stock?
Glad to hear from you too.
I get frustrated myself too, especially with management communication behavior with the shareholders. Today, they changed the voice mail message recording. I think the new CEO did that.
AR going to jail can hold things up a little bit. But it is good for the company overall. It will hold things up for sometime but later it will move much faster.
The company has very good technology with lots of potentials in third world countries and even more developed countries. All countries have problem in getting rid of waste. I can foresee one of the giant companies buying them one day or another.
Steriwave $20M financial support will help the company to move forward, AR not being there will help too. Also, Steriwave being European representative can help them to get more contracts in Europe.
I think RS is good for the authroized and outstanding shares. It will wipe many out, but they can load more or be happy being out. Market makers are waiting for this time to buy. They know people are frustrated and can't feel holding this anymore so they will be buying all the selling at this time. I want to buy at this time too.
I look forward to hearing something aboout their filings too. I wish they are working on getting to be current. It appears to be very hard, they are a year and half behind. It needs lots of work to be current from an audit aspect. I think they can do this by the end of the year, if they have sufficient funds, dedicated capable person to work on the financials and ablility to manage the audit properly.
GLTA
Hi PTL,
Finally, I got a response from one of Steriwave director and the director of the JV steriwave-GDTtek. Yes, they invested and the JV is still effective. There was some delay but they are working on gettingn the first unit to be in operation and expecting this to happen within few months.
Note: according to the PR of the JV, once first unit is in operation, then steriwave will start funding the other 9MW PG&E projects. This will make a huge difference.
GLTA
Hi PTL and All,
I think here you might have good news.
http://media.wix.com/ugd/1d954b_e04796e263954950afc0c6261b10ee23.pdf?dn=SteriWave-GDT-TEK%2BCompany%2BAnnouncement%2B03-01-12.pdf
I think they are trying to do something, since there are some acheivement dated 01-03-12
GLTA
Does anyone have a comment about the decline in the ask volume? Do you think investors are thinking of holding their stock for something good coming or not a real volume is showing? Hope for the best.
I have been trying to call to ask about things but only old recorded answer machine responds. Do you think they are busy working or do not have an answer to anything?
TIA.
GLTA.
Thanks PTLIAMHS!
I do not think the RS for a bigger exchange. The company is way behind in filing. I think it is for the float and volume activity and appearance to investors.
I noticed AR acts over the last year, if you recall the 8% funding that was mentioned and then we left in the dark for so long, same thing is happening for the funding with Steriwave. I think there is a funding problem; however, steriwave did not announce they are no longer involved, which is good assumption. I hope with new CEO, steriwave can work with them.
Positive things I see, Steriwave is still involved, there is a strong trust in the technology. The Company will turn out big one day, if management did not mess it up and properly planned for it.
GLTA
Also, I noticed that most of the volume were traded at below 0.0001, that's why MM are offering at 0.0001 because they are still making money.
http://www.otcbb.com/asp/Info_Center.asp
Hi All,
I have not been here for a while.
It is good to hear that there is a new CEO; however, the new CEO was working with the old CEO. I hope they do not have the same mentality.
I tried to contact them to ask about the plan and the funding. Why is the voice mail still with Albert voice?
I think, if the new CEO got really committed to get the first 150KW installed and working, then the flow of funding for the other 9 PG&E projects will be installed and huge turnover of this company will happen?
I noticed the R/S is 1:10,000, but noted that it is across the board. All authorized and outstanding stock will be down by 10,000 multiple, that is great because no dilution from an accounting point of view will happen.
We can do nothing, except watching and pushing mgt to provide the news and get us out of the darkness.
GLTA
There is a weird thing here. Steirwave did not say anything or take any action. It did not take it over or break the contract. I tried to contact them but no response. If they dropped them, for sure they were going to respond and to announce it. What do you think this weird thing could be? TIA
What is happening to this stock? Why it is going to this level? TIA
Actually, I heard from a pharmacist friend that Blue Cross is sending letters to its customers that insurance won't cover business with Walgreen anymore. And, as I understood, it is matters of a week or two and all their customers with Blue Cross insurance have to go to a different drug stores or they would lose the insurance coverage on their medical need. Am I missing something? TIA.
Blue cross is not working with WAG anymore. Customers with Blue Cross are going to other pharmacies. Should this take the stock down? Where do you think it will be landing? TIA
Will it get to $2.00 soon?
I wish Ralf takes over the management. He appears to me more honest than both and dedicated to get things done rather than playing games.
I think the day of announcing Al being out of the company, there might be big market reaction.
I wish they come out with announcement that Al is out and new management. That will be great.