Speedy MOMO = Outsized PROFITSSSSSS!!!!!
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So we got 2 of 4 or 1 of 4 PR's that will come out between here and March 4th???? I read that yesterday on the board but could remember the details.
Nice to see that ask this morning. Go Green Go GARB
well we missed 40 mil vol
but still what a good day.
Better things are brewing
Nice, you could be poet.
Things should even be nicer when financial hit along with details from the CC
Closing at 0006 is going to be tough at this point in the day. Closing at .0005 with no paint will really be refreshing though!
IMHO they have been in trouble since they took that position in the beginning.
So from what I understand they are going to be collecting waste from Nevada not opening a plant in Nevada. Correct
Lets close at six with no paint...
GARB is going to bust in mid 2012 big time
Obviously I cannot give you exact calculations GARB would need to do that On the CC
Buy back 101 stuff purely and example only
Cash on Hand goes from
$20,000,000 to $5,000,000
Assest from
$50,000,000 to $35,000,000
Shares Outstanding from
$10,000,000 to $9,000,000
ROA
4.00% to 5.71%
Earnings per share
.20 to .22
Go to investopedia and check out there stuff is pretty good. Don't worry you can learn this stuff I believe in you Junk.
This is a made up example and has nothing to do with GARB because the details on the ratio calculations are not out. However, that is basically how it works in most cases. Either way the ROA will go up. IMO It is up to the company to make sure it is not a temporary fix. I believe GARB has waited to this point to reduce the shares because there is enough stuff breaking to cause the stock to rise after the reduction takes place.
I'm seeing 40 mil in volume by close at 6
a great rebound.
Next week sunshine and rainbows IMHO
Funding in place
treat yo self
Contractor in place
treat yo self
News from Italy of JV
treat yo self
News from Indiana of 100% funding
treat yo self
News coming from Ohio and Nevada
treat yo self
I love that show
GARB up 24%
after a bad run big prs have broke
JV bringing funding and ground breaking on first plant in mid 2012
treat yo' self
I'm just glad funding is in place with the jv's this could mean the end of dilution.
GARB up 25%
a good day after days of rough patches
GARB up 25%
its been a good day
GARB up 25%
big news
I want to see 40 mill in volume at ask and a close at 6 maybe 7.
Come on green
Go GARB!
Very nice, long is the way to roll.
I want to see it close at six without a paint
It all adds up to big bucks. This is why I am long here and patiently waiting for my egg to hatch.
2 JV + plenty of funding + site location + contractor = smiles for all the lovers on this board
I wished the news broke sooner rather then later myself. However, I understand that they have restrictions and guidelines when it comes to releasing news.
It does come at a very needed hour.
LOOK AT ALL THE GREEN.
this is a sign of things to come
80% funding in Italy
100% funding in Indiana
tick tock until funding in Ohio and Nevada drops.
I can't wait to see Indiana up and running.
GARB had two big PRs today
announcing funding and JV
this baby is going to make run soon imho
2 big PRs for GARB
3 5 spread all ask today
Nevada! Another hard hit state in need of green industry.
Look all the asks lining up don't they look great.
Indiana: GARB has executed a Joint Venture Agreement with a company bringing 100% funding of a full e-waste recycling plant. Funding is being accomplished through the USCIS EB-5 program. Indiana has been coordinating the receipt of the property USCIS Regional Center designation that is a requirement of this particular funding mechanism. The Site has been identified, the building has been designed, a General Contractor is in place, and ground-breaking is estimated for mid 2012 with completion of the Plant in 1st quarter 2013.
That is massive news!!!!!
100% funding with boots on the ground breaking a few months away.
Times are a chang'n
One jv struck 80% financing in process and profitability is coming.
Did I say that?
Ah forget this, I'm more interested in the news then trying to educate you right now.
It's clear that $20 mill in available credit + construction dead line + News on Ohio + News from Italy = GREEN
Get your hands free because we might be picking up triple bags here soon.
Love that news from Italy!
Things are lining up
funding is coming and so is brighter days.
What? Nice try Junk I'm no in anyway implying a R/S at all. After the buy back it is common sense that the ratios will look great. However, in some cases it is just a temporary fix. I do not see that happening here. IMHO
Return on assets (ROA) actually increases because assets are reduced; return on equity (ROE) increases because there is less outstanding equity. In general, the market views higher ROA and ROE as positives.
Not all reductions are positive IMO this is a good move for GARB
Don't forget seeing the ratios take off after the shares are reduced!
Off to the races!
Last few days have been a journey through the valley of death for sure. However, I've been invigorated reading this breaking news today. There are some great signs of life.
When you are working on a start up you don't have the luxury to sit on the boards all day freaking out over every bad day and reading every post.
You just work your butt off and hope for the best.
Still lining up at the ask it is a sight for sore eyes.
They have stated Indiana and Ohio
$20 mil in funding
dilution to be handled
This PR seems to clarify that they are following through with:
-Projected time line for Ohio and Indiana
-Update on $20 mil in credit
-Share reduction plan
Looks good to me. I see brighter days and bigger gains
Pretty speculative claim there buddy.
I'm more interested in the breaking news.
With $20 mill in funding available things seems to be going forward slowly but surely.
still seeing alot of green today.
that was funny
There is a tone of news here:
Additionally, CEO John Rossi will address the following initiatives pertinent to GARB shareholders:
Reduction of authorized shares from 50,000,000,000 to 6,000,000,000 common shares
The elimination of the Class C preferred stock
The elimination of Class B preferred stock and the conversion of said shares into Garb common stock at the current assigned value of conversion
To reduce Class A preferred stock voting and conversion powers
Dilution
It's good news when they are giving news
Rossi reads every post on this board? Really?
Hi John, keep up the good work can't wait to hear your awesome voice on the conference call.
You got to be kidding me.
Now about the construction timeline