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Explain please:
Stock book value is 0.0596. Stock trades at 0.04. What is going on? Stock is sold at less than its book value with the current growth!!!!!!!!!!!! What are the management plans to promote this stock?
It is 0.32 after market. A great volume today. All the Uranium sector was up. Does anyone think new highs tomorrow? The stock value is very close to the book value; however, there is a very good finacial postion, available resources and serious management.
This is a freaking joke, this stock should be $0.5's. It is going down, since the announcement of the Q3 results. What is going on? What is the management plan to promote this stock?
They have the patents since 2005 and the contracts since 2008. It does not matter where the Company is now or when the patent or the contracts were obtained. It is never late to start. What does matter is whether the management is capable of getting things done or not, and what the management short and long term plans and steps to get these plans accomplished.
Does anyone have any idea about these?
There is a SCAM and FRAUDLENT activities here.
On 8/24, the Company filed 8K with board approval of 3% dividends, and then another one for a signed letter of intent with S&T distributor.
On 11/12, the Company filed 8K withdrawing both the dividends and the letter of intent.
They tried to pump the shares for its management to get the highest value of their stock, then they are getting out of it. A fraud case should be filed against this Company.
I can see what our doubts are. I have the same doubts myself.
But here are the facts, or at least the disclosed facts:
The Company has 6 PG&E contracts. I saw the RTR projects on the PG&E website. I think this should be real. They are a good start for a start up company.
Also, there is an execlusive worldwide patent. Does anyone know how to check this validity of this patent? I could not. It is disclosed in the financial statement, assume auditors did a good job and verified it. Then it is real.
Given these facts, I believe it is management responsibility to properly manage and run this business, if they can't do their work, majority shareholders should take an action and get more serious people.
Also, management has shares there too. These shares are not considered enough for retirement at their current value and are not even sellable. I am positive that Mr. Reda would like to make his shares worth much more than what they are now for his retirement plan, unless you know that he does not care being rich enough. Creditors won't let their money been wasted, they can take over the Company and get all the profits themselves, if no real actions were taken and I am positive too that they can run a business or have money to hire people who can run it.
Anyone has other inputs?
Thanks!
I hope that they are not looking to move it to the 0.0002 only. Mgt team holds shares too. If they don't care about us as shareholders, they should at least care about their own wealth. If they only care to move it 0.0002, with the patent they have and the business opportunity. Shareholders and creditors (in GDTK case) can easily fire them, a lot of people have connections and management skills that can take this Company to other levels.
I read the financial and I am an SEC financial auditor, there is nothing in this financial that can take that long to have a complete audit opinion, unless there is no one working on it. The Company may be using this time to buy stock to have them available to pay-off the debts, this does not make any sense, as the traded volume can't support this and there is no cash to support this either. If there is available liquidity, it should be used for operation at this stage.
The Company can never get any financial support unless the financial statements are filed, especially that there is no available shares to issue based on the outstanding and the authorized shares, and with the existence of the debts that I am sure the existence of the pay-off clauses in case of any major financing activity.
Also, RS is a risk that can eliminate the stock value, but RS won't be a solution to pay-off the debts and there won't be available shares as well. There is no point of going through this now, the Company needs more authorized shares for liquidity. BTW, authorizing 40B additional shares can eliminate about $6M in debts, as much as I recall.
I think this has to do something with the insiders trading or market makers. Either they are trying to get plenty of shares at a cheap price to sell later, or they are getting the profits from the low value owned shares. I do not know how it works but I am of the first opinion, if they are selling to get the profits, this is not a right move as there are a lot more profits to be collected with the stock going higher. This Company with the cummulative growth, repeatitive Q results and the traded volume can't be at this value and should not be going down.
Please let me know your thoughs.
Thanks!
I tried to contact them via emails, and no response yet. In fact, I just sent an email again. I hope Mr. Reda will get back to me. I called him once. I was in a bad connection area and he asked me to send my questions to the Company's email address.
I am a very strong believer in this Company and its technology. I think it does not have a great potential only but it can be one of the giant energy companies on a long run. It can generate money from everything related to this business. Management can make money from collecting trash and from using the trash to provide the energy. Worldwide, looking for alternative energy is one of the major concerns.
I hope that management has a good plan and did not take GDTK down. To have the technology and being ahead of others is one thing, but to be able to use it and move it forward is another thing and this is what can make the difference.
How is GDTK going to get financing without filing the financial statements?
Who is going to lend money without a great potential and at a minimum secured return?
I am confused about the FGBF too; I do not think that there is anything to get from this. All what can be done is to file timely, get additional finance, get into operation, settle outstanding debts. Did anyone heard anything about these issues?
Management needs to update us as shareholders about the Company's operation/financing plans.
Potential only when they extract an existing reserve; otherwise, it will be in the same range. Any idea about extraction plans?
Any word about filing?
How can this be at the $0.05 range until now!? Why?
How do you think this will affect the share value?
Does anyone know why this is not moving? I see that it has a very good financial position compared to others that have higher share values.
Thanks!
It may be to extract the gold rather than exploring new fields. In wich case this will be a good move. We need to find the facts and what the plan to extract the existing gold is. Any idea?
I do not know, you may be right. I just believe in it and I see a lot of potential.
Let's hope for Monday. I hope they file both together. I am a strong believer in the clean renewable energy, and I see a lot of potential in this Company. I hope management don't take it down.
Best of luck for all who hold this stock long.
They can't file the Q without filing the K first. And SEC gets updated in matter of seconds once the filing order is given.
It is diluting our share once issued but this is to have extra finance to keep the exploration activities running. Once operation started, the Company will be able to generate its own money and won't need any additional financing and may be buy back the stock.
I see it is still valuable. Gold is going higher for the dollar weakness, additionally uranium is one of the energy source that is surging these days.
Any word about the filing? Monday, the Q is due. Are they filing the K & the Q at the same time?
When?
Q3 results were out on 11/8 but did not show up until today, not sure why. However, Q3 results were already factored in the stock price earlier in the day, and profits collected by those who noted early enough, I still believe with these results stock price should be a skyrocket with new highs.
Going down!? Why? Anyone knows? No volume!
New high! Anyone expecting?
Q3 results amazing!
9 months revenue $75M from $22M, net income $5.8M from $1.6M, EPS 0.03 compared to 0.01. 3 months revenue $32M from $7, net income $2.2M from $0.5M.
It is growing.
I was an auditor for a Company in the same industry. For a start up company, it sounds like a little bit of energy and it may also sound like nothing. But with the world trying to go green and trying to utilize all the available resources and not to wast anything, using the garbbage to generate energy can be a major source of energy and this can be one of the top energy industry. 3rd world countries can't get rid of their trash nor can they utilize it. Imagine countries in need of this business that can be much cheaper than having other source of energy, where do you think this business can go?
I personally strongly believe in it, if there is available financing to start up the operation.
I agree. I know there are a lot of things to be done. May be because I am an SEC auditor, I feel timely filing is very important.
This will fly tomorrow. We all will have a great weekend. It has the cash and the uranium fields.
5 Uranium and 11 Gold fields.
Did you see this in the PR? Does anyone know the Company's plan regarding the Uranium? Uranium stock is soaring.
A company in the right business with exclusive worldwide patent and existing contracts is a huge advantage. Management should be more responsible and keep this running.
BP changed the investors' attention from the oil pill to be about their new energy "wind energy". I saw news that Google is looking to invest in the wind energy. In both cases, their stock soared after having these news out. A lot of Companies are looking to invest in renewable and clean energy.
Management should do their work and look for the interest of the shareholders "and they are one of them", at least disclose management plan. I work in the financial services sector and there is nothing in the company's financial statements that can hold the audit from being completed by now except that management is not doing what it is supposed to do.
Additional shares must be authorized to cover all the existing conversion options; it is about 40B more shares needed. It will dilute our value but I think it is a better choice to keep this in the game.
Let's see tomorrow and hope for the best.
Thanks!
I hope so. I think timely filing with the contracts they have will make a big differnce in this Company's future. I believe they can be a good buy out by other energy company. At this time, the stock will fly like a rocket.
Not only the K that is due, the Q too. Do you think filing is anytime soon? Had any one hear any rumors?
I believe the Company has a lot of potential with some financing. It is in the right industry; its stock will fly, once operation starts.
Not only the gold the Company has 5 Uranium fileds. Uranium is one of the hotest stock these days. The Uranium price went up from $40 to $60.