Do management in the US even know what's going on across the pond?

OK thanks, glad I've got you and others to keep me straight

They're obviously short sighted and aren't looking at the potential going forward. No need to watch every tick up/down here. GLTUA @ GNPT

Yep I saw that SG-13 but I thought the $44k was an interest payment that was owed to Asher? If that isn't the case whose is the $44k?

EDIT: Apologies I'm obviously trying to cover too many stocks, keep on mixing stuff up

Could be a good move, GLTU2.

Maybe if you temper your negative bias with the odd positive comment, that would go some way to show you're focusing on the good as well as the not so good GLTUA @ VPOR

Fair point, Asher doesn't have to convert them straight away, I guess we'll find out soon enough.

Many thanks for the info, hopefully that extra 11m is the last of Asher!

Man that's probably one of the funniest comments I've ever read. Personally I don't care if they're selling it to the martians so long as they're selling it to someone and China with a billion potential smokers is as good as any place to sell it, but thanks for acknowledging the fact that they are exporting product to China anyway.

I hear ya, I guess we're all a little ticked off with the lack of communication but I continue to believe that this management will eventually right the ship (but not in the time frame I originally thought). However I still believe we will see a pps, multiple north of the current pps, by EOY providing there is confirmation that the toxic debt is ending and manageable debt is in it's place. The increased distribution should aid in increasing revs that will find their way down to the bottom line at some stage but in any event I'm here until the EOY to see what happens. JMO

You can flip that around, previous poor management and past failures do not necessarily guarantee more of the same in the future. JMO

No problem and yes severely undervalued. If the restructuring is in the Q1 filing alongside confirmation of the SBA loan then this will move quickly to your book value PPS IMO, but the CEO must communicate both those events to the market (one way or another) in order to get things moving. JMHO

Yep, we'll get there (ask price) sooner than we'll get to 5 cents. JMO GLTUA @ ECIG

You're right, I made some notes. The CEO says they have approximately $3.5m in debt and talks about a small fund loan they have at 18% per annum and they didn't really understand the conv debt concept. Immediately after that at 25:57 minutes he definitely says that they have been approved for a $5M SBA loan.

Other points:-

They could be doing $100m in top line revs within 12 months, (he gave conservative 18-24 months but said 12 months is doable) if they can make acquisitions they have already targeted, (and then he says this is just the first phase).

He also mentions a possibility of share buy back and says that the stock should be trading at a fair valuation of "21/22 cents". Even the interviewer says that it is ridiculous that the stock is trading at a MC of $350k with annual revs of circa $15m.

This is one of those times that it's better to be in than out in something that has virtually zero risk to the downside. However we need to see via an 8K that they have received the money and are spending it in the following manner, eliminating toxic debt, refinacing all loans under one umbrella, targeting acquisitions, revs guidance going forward and share buy back cherry on the top. JMHO

Agree 100%, (and I always 'dip one toe in' at a time to try and limit any downside). GLTUA @ ECIG

AS always I'm an optimist (gambler). I understand it could go CH11 and commons get wiped out but I just think that this is 'too big to fail'. I'm not talking a massive investment for me, just dip a toe in and let it ride come what may. JMO & GLTU2

Any refinancing package would be a strategic/material event and would have to be 8K'd so I presume that the SBA loan hasn't been executed yet, which is a pity, but none the less a huge positive possibility going forward. I'm hoping we get news to coincide with a Q1 filing. JMO.

Haha, nice one! I too will wait for EOY '15 (but don't have the share clout you have) GLTUA @ ECIG

I guess this is why we play em, keeps the blood pumping, lol.

" this is a high risk play but still one of the best in the OTC IMHO...."

Many thanks for the info, always like to know good and bad about any investment I'm in.

I agree with everything you're saying but management have to get a grip on the SS cuz the revs are not heavy enough to support a 2-4 Billion O/S. Retire/buy back/R/S, take your pick but one of em has to happen after the toxic debt has been terminated. JMO.

Many thanks for all your info, really shows that SOGC is still a going concern and thriving. I sold my paltry handfull of shares on the 'grace period' news but maybe it's time to go long with money I can afford to lose.

Email the CEO, see what he says, sounds like a great operation in Pittsburgh. JMO

Up very slightly since the interview but in the great scheme of things not a game changer, (could be Asher's final throw). Thanks for your time and effort.

Been their done that, barely on speaking terms even after all this time, never again.

To be honest I don't have a lot invested here yet, my paltry amount wouldn't really affect the pps that much. I'm sure you have far more than I do. I just stuck a speculative toe in because the potential risk/reward looked to be huge. GLTUA @ UMEWF.

Haha, I hear ya. Check OTC once a day and then don't worry about it cuz you'll end up with an ulcer, lol. However, if the VATS hasn't been issued by the end of the 2nd qtr, I may have to rethink strategy.

Had a listen to the audio interview, really like the info out of it. I think I'm gonna stick around although I don't post much.

Haha Busted, nice one

aah ok, thnx for the info.

I think it was only for approximately 42k shares, however they may try to pull that stunt again as the pps rises and soon (as people hit their 100% level) it may induce a real dip. JMO

Will do, thanks for the heads up.

Many thanks, I've just been going through your conversation with Pristine and great info from you both. Brought me up to speed in no time.

Thanks, much appreciated.

OK thanks, conversions may be just about done. MC is severely undervalued so Q1 should be really interesting with Asher out of the way. GLTY

I've been following this since the 2 large volume days in the 1st 2 weeks of march. GNPT has a great story and looks initially like management have a strategy going forward but they have to get rid of Asher and replace the toxic debt. Unfortunately whilst Asher's in the picture you're probably not going to get investors because everyone knows that Asher has been the downfall of many a stock. He wants his money and he doesn't care what happens to the company in order to get it. In the meduim term I will continue to follow here in the hope Asher disappears. GLTA & JMO

I wonder why this wasn't mainstream news yesterday, or did I miss it?

"DAVIS, CA / ACCESSWIRE / April 21, 2015 / (PINKSHEETS: MLER), Moller International (the Company) has been invited to speak at “The 3rd World Emerging Industries Summit” (WEIS 2015) to be held on April 22nd in Zhengzhou, China. The summit will include top executives from Fortune 500, Forbes 2000, and industry leading companies within the world’s emerging industries along with heads of state and government officials from China and abroad. The presentation on the Skycar and Neueravolantors will be made by the Company’s international marketing director Michael Shanley. The summit theme is “Emerging Industries, the new power to world economic growth.” Moller International is scheduling production of its Neuera 200 and Firefly volantors for paramilitary, utilitarian, and recreational use. (See www.moller.com)"

http://www.mygtn.tv/story/28857598/moller-international-scheduled-to-speak-at-the-3rd-world-emerging-industries-summit-in-zhengzhou-china

I'll take either, they both end up where we wanna go

Yes, he made some great points. GLTUA @ ECIG

I think they'll do anything, say anything, lobby anyone, to slow down the E-cig/Vaping train. They know it's futile but will continue to fight it until they're ready to come in and 'run' the whole industry. JMO