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Only a matter of time before one 30 cent share of GFCI turns into 9 dollar plus, and that's with a conservative P/E of 20. If it gets hot you might make 500 times your money in one week!
We'll all be rich!!!
Time for more buying!
Those dratted MM's keep taking it down to buy more shares on the cheap, they don't want you to make any money, they're shaking out the weak longs for the BIG RUN UP!!!!
BUY BUY BUY
Not only is the buyback heating up, clearing the way for record breaking profits as we go from "zero to hero", now they have finally paid for some high quality research that is destined to help us truly reach maximal shareholder value. That e-mail was worth its weight in Au I tellya!
Whatever they paid it wasn't enough! I will bet we come near close to that $8 per share BBB keeps telling us we should be paying for GFCI, MONDAY!!!!
LOL
B2B
I don't know nothing about no mirrows and no clue what "nothung" is either, but like most unsung heroes I certainly can get by with the knowledge that by asking the tough questions and not being a JD apologist, I have done you all a favor and the best thing is that I don't ask for or need thanks to keep doing what I'm doing.
The thing that will make this all worth while is that I have done my efforts and my work will have gone to make us all a botalod of money if thing go as desired.
The tools and oil business have very little to do with a rising stock price, managing markets and expectations is much much more important. The very fact that you don't yet realize this makes it all the more apparent why you and this company needs my input as much as ever!!!!
Lentiman
Look to the RB site and B2B post there about how this board deserves to be dead or something like that. They all decided to stop posting here because they didn't like what I had to say about how management was doing.
If you don't pump them full of words reinforcing that they made a good decision, then they don't want to hear what you have to say. It's as simple as that.
What they don't know, or won't acknowledge, is that they owe me a great deal of gratitude. Jim Dial probably knows who I am, and the things that I say here probably get back to him. He also knows that I have a great working knowledge of how public companies work.
So when the people here, see my stuff, and they are all very real concerns, they call Jim Dial, and ask questions. He then gets a great deal of feedback that he wouldn't get if everyone were "yes men" like they are on raging bull site.
I am positive that Jim Dial stopped using the word "shorts" because of what I told him. As for the rest of it, I can only surmise that some of the concerns that I have aired quite publicly have gotten back to him, and I hope have helped him plot a more accurate course of action. One that will end up with this investment being a huge winner for all concerned.
You cannot rush a deal, and you cannot try to pull the wool over investors eyes. Problems have to be admitted, aired, discussed and dealt with.
RAH RAH RAH
gets no one anywhere, IMO.
But now I'm unpopular here. Oh well.
caveman
let's hope the bashers don't do anything of the sort!
I hope that grifco and investors know that a full order book and workers working overtime only rarely translate into a successful rising stock in a publicly traded company.
It's about a lot more than just a busy place. It's about management talent and integrity, about the board's ability to hire and keep people well versed in the "art" of finessing wall street, it's about the CEO knowing the ins and outs of public filings and transparency.
I like the idea of a busy shop, with lathes going as fast and as long as they can. But if we can't get management to allow the transfer agent to release the shares outstanding we got nowhere to even start with if it's a good price, a bad price or even if it's worth taking a look at.
Thank you to Kenner, who sent that to sparky in the first place.......
sparky so you're the only one that can do that?
everyone:
leave the personal attacks to sparky, he's the only one allowed
you wrote
In the end, I truly believe
of that I have no doubt, BBB. You are a true believer. The other term that comes to mind is "lemming"
Why didn't Dial tell Jody "we have bought back shares"
You have to admit that "we have effectvely bought back shares" is something completely different than that. That extra word is the kicker, BBB. "Effectively". Not quite the same.
Dial owes you a fruitbasket. He doesn't need to pump his own stock. He puts out a nebulous PR, and you read the absolute most positive take on it, and then write 400 fifty cent words singing the praise of it.
Here's a challenge BBB:
I will take a few minutes today, later on, and write a positive spin, for everything that has happened since May. It will be the most "Jim Dial apologetic" post there ever has been. I will leave no question marks as to why they are right on track with everything. I will do this on the condition that you take the other side. You tell me why people need ot be extremely skeptical and wary of these potential hucksters.
Agreed?
I think you'll be too scared to do this.
Here's another one!!!!
from jody:
1) Jim Dial said they have effectively bought back 320,000 shares.
What the hell does this mean? how do you "effectively" buy shares back? Either you are buying back shares in the open market, or you aren't. Are they buying share from an insider? That would "effectively" be buying them because he (theoretically) isn't selling them into the OM like he could be, so instead the company buys them back from him, "effectively", not releasing them into the OM is the same thing right?
Is Jarvis selling them shares? If Jarvis indeed issued himself a beaucoup boo-koo for you hicks out there load of shares as someone here has speculated, then instead of jarvis daily dump into the market of whatever he may have been doing, grifco buys the shares from him, that would fit into the "effectively" buying back shares statement right?
Jim Dial has a choice;
"Jody we bought back 385,000 shares from the open market so far"
"Jody we effectively bought back 385,000 shares so far"
A skeptical market says, "hmmm he must be doing something on the sly otherwise he would have said OM purchases" and IMO IMO will continue to further punish the stock. Down we go again because Jim Dial cannot give a solid, one sentence crystal clear answer to a question that is easy to give!
Jim Dial is IMO hurting this stock price and the biggest fear is that he probably knows it, and still will not tell the truth. Why won't he tell the truth?
WHY BBB?
you wrote:
Once again, just so others here understand more clearly, there are problems and then there are PROBLEMS! I must clarify that there is indeed a difference. That is why I said what I said before. I didn't speak around the issue. I just didn't speak as clearly as I could about the issue.
BBB I will give you an A for effort and and A+++ for enthusiasm. Whether or not, there are PROBLEMS or there are problems, the fact remains that there has been no mention of going "off plan" with the jet motor. Not only did Jim Dial never mention once in the PR world, that there was anything wrong with the jet motor and it's release into the field, he told me in Oct that the motor was doing just as well as they expected. I guess the problems showed up the next day! So you're saying they got 35 out there, and found problems? Did they do a recall of all 35? What kind of retooling did they do? Most importantly, why did they not keep investors and the market apprised of this situation, and choose instead to try a diversion tactic or several different diversion tactics? We need open communication, not more of the same.
Why does Jim Dial try to keep the market guessing? Why must we play follow the clues and not just get a forthright assessment of what's up?
Here is what long really need to be getting across: (pay close attention please)
IT IS THE APPEARANCE OF SCUMMY MARKET SCAM THAT IS HOLDING THIS STOCK PRICE DOWN. IT IS NOT 'SHORTS', 'NAKED SHORTING', 'BASHERS'(ANY PARTICULAR CLASSIFICATION OF BASHER), 'LAGGING PERFORMANCE COMPARED TO THE INDUSTRY P/E', 'LACK OF A STOCK BUYBACK' IT IS SIMPLY THIS: JIM DIAL REFUSES TO PAINT A CLEAR PICTURE IN THE PR. HE WON'T TELL ANYTHING OF SUBSTANCE SO THE MARKET ASSUMES THAT HE IS A SCUMBAG AND JUST OUT TO TAKE INVESTORS FOR A RIDE. WERE HE TO COME CLEAN ON EVERY ISSUE, SHARESOUTSTANDING, FLOAT, PROBLEMS WITH VENEZUELA, TIMELINE FOR LIBYA, JET MOTOR OR LACK THEREOF AND MOST IMPORTANTLY REVENUE AND STATEMENT OF CASH FLOWS, BALANCE SHEET, EVEN UNAUDITED THE STOCK WOULD BEGIN TO RISE. THE SHARE BUYBACK ACTUALLY HURT THEM MORE THAN DOING NOTHING WOULD HAVE. LACK OF HONESTY AND OPENNESS IS LOSING EVERYONE HERE MONEY.
thank you sparky
More of your intelligent thought provoking banter I see. The more names you get called when you ask the hard questions, the worse the investment turns out to be for your portfolio.
two bit basher
If I were a basher, I would be worth at least three bits, mister. Be glad I'm not, because if you're scared of the questions I ask, as a long, concerned, if somewhat skeptical investor, imagine the dirt I could dig up if I were really trying!!!
The fact that we haven't heard anything of substance, and the only PR's lately have been filled with buzzy Mike King inspired filth like "shareholder value" and "immediate million share buyback" should be getting some people really pissed. The fact that you're calling me names tells things.
two bit!
as if
can you be straight with me just once, without pumping up your gamble?
Have they fielded the jet motor or not? Is it in the field like they said it was, or has it been recalled? Are they reworking the machine?
When I was stating earlier that there must be womething amiss, that they had only PR'd the first 3 jet motors, I was called a basher. "Of course they are in the field", people said. I was even told by one person I fit into one of five or six classes of bashers!
Now, you're speaking around the issue.
Problems mean that they are delayed in getting revenue from the jet motor that was supposed to be done and shipping in August. Problems mean that they haven't shipped the second batch yet.
I don't give a shit about the macdrill, unless God forbid we infringe on their patents and cannot make the tool at all, even if it's light years better than the macdrill the way we make it.
I was told that the first batch was in the field generating revenue. I was told the second batch was done testing, and going to ship by three weeks ago.
Is there a problem with that statement that you know of?????
thanks again, this time for a straight answer. Can you give a straight answer even if it hurts???
It is quite obvious there is a hold-up in the dissemination of the Jet Motor, or we would have heard something about it weeks ago.
This is the first I have heard of problems with the jet motor. What are they, and are they serious? Is the jet motor dead in the water? Did the first three fail in the field? Is this why the only PR's after the june july period didn't mention it? Did they have to halt shipment of the other 47 and the next 50?
thanks
What, no pumping?
I am wondering if anyone knows if they ever got the other 47 into the field and why not, if not? If so, why didn't they PR it, and where are the other 50. We were supposed to have 2 MM per month starting in August. Another 2 MM per month starting a week or three ago.
Does anyone believe that we're making 4 MM per month revenue currently?
That being the case, I cannot argue against the overwhelming probability that the share count of GFCI's float is much larger than ever previously admitted.
Now you're getting there.
The share count of the float or the SOS? Which is "much larger", and what are the implications for what Jim Dial has been saying?
I mean he told me a long time ago that the float was 4 million, and that all shares sold were restricted.
ALSO, don't make one of your hard fast assumptions about the naked shorting being an issue or not. It's all up to the transfer agent to do the accounting, to the DTCC. If the transfer agent isn't aware, isn't telling the whole story or worse yet lying to cover up past transgressions then the DTCC will never know.
Heck, we don't know that Jarvis isn't sitting on 75 million shares and selling into any strength. Or more.
Grifco is reall strangely silent these days, on anything besides their stock price, and trading involved.
Why didn't the last PR about CTT even mention the "jet motor"? The last we heard there were three in the field.
Personally I think Jim Dial WILDLY inflated the revenue potential and merits of the jet motor, and as soon as those three got into the field, he realized it and started to shut up about the JM. I mean that's all we heard about for 6-8 months, then absolutely silent. Remember we're supposed to be seeing 4 Million per month revenue, right?
This is all my opinion and put together on circumstantial evidence and suppositions, I may be way off.
guess the buybacks done....
we traded about $50,000 so far
I'm not sure what to think here people. I mean they are telling the truth right?
4 MM shares in the float and they just bought back a million of them? Or is their trader taking a VACA....?
short answer yes, doable
time frame remains uncertain to filings and or ex-dividend. I am certain we haven't gone ex dividend yet.
The only thing that keeps coming back to me is that they tried to prop the stock with a buyback announcement and or buyback.
If they are legtimiately making money with 100 jet motors using 80% utilization creating revenue of 4 MM per month on a 90% plus margin, resluting in 12% improvements in well productivity......
well, read that sentence again, because it's why we all got here one way or another, right??
Does anyone really believe that's going on?
Are they making 4 MM per month revenue off of a whiz bang product that is just awaiting patent protection?
first 50 out in the field in Aug
second 50 out in the field as of the last week or three supposedly
2MM per month revenue per 50, per the PR's we all read over and over again. And they are now announcing a stock buyback to "realize shareholder value"??????????
It just doesn't make sense, nothing does about the jet motor and how things have shaped up. Can they reverse into the other shell, and acquire themselves?
Yes they can. Probably take a long time.... but they can do it eventually.
hey sparky keep abfuscating the facts and mysteries with the name calling. It's really working, isn't it! Don't like to answer the questions? Just call me a basher!
basher basher basher basher ha ha ha ha
now, feel better?
Why won't Jim Dial tell you how many shares exist sparky? Why won't Jim Dial tell the transfer agent to tell us what the share count and float are sparky? Why won't Jim Dial utter the word "jetmotor" any more sparky?
BTW in case you are that dense, these are questions, not bashing........QUESTIONS!!! Answer them and you'll have no more from me, sparky. The problem is that you can't. And that scares the living crap out of you. So you call me names. Keep it up dude, that's a sure fire investment strategy. And BTW you started calling me names above .40
nice call
answer the questions sparky! What? You have no idea? Well you can always call me names to attempt some reconciliation of that sinking feeling in your gut.
Any thoughts??
it's a cryin shame you got so much money time and energy mixed up in an investment you got to make so many wild guesses about....
maybe your numbers are spot on (highly doubtful) but the fact remains that you cannot answer the question of why Jim Dial doesn't come right out and tell us what the relevant facts are.
WHY, BBB?
Dr. Bill: I have a theory!
no doubt you do, BBB, no doubt.
You might be correct, but then again I was told that insiders held more than 90%. This was back when I was first getting involved in this curious little adventure into the pink sheet land. 90% of 20MM is 18MM. I don't know how that fits into your theory.
I think it is impossible of all the people that own GFCI stock, bought publicly from the float, half of them are here posting or more than half, if your theory changes because of that 90% number. I know that I was also told in separate conversations, that 4 some million was the float (others were told this as well, I'm positive) and that the management's allottment of those initial shares was restricted for 24 months. We're not there. I was also told that Lyaamec's shares were restricted as well. How does that jibe?
BBB the fact remains that you can account for WAY more than the reasonable number of shares for a public information gathering session lasting two days, and comprosing of people from only two message boards. What about the oil field folks that grabbed some and never go near a computer, what about Dial's nephews and Griffiths kids and Swinford's aunt Mary? Those people got shares too.
AND the real question remains (not the one glaring from today's PR) is....
Dial knows this is an issue. People ask him daily. Why doesn't Dial just 1)authorize the T.A. to state publicy on record how many shares out OS, and how many are free trading, and 2)who among management owns shares, and how many????
Once again, a simple solution, with no good reason and quite a few really really bad ones for not getting an answer in 8 months plus asking the same question over and over again.
My opinion is that Jim Dial has no idea what happened when LTBI was closing down. The old guy jarvis might have given himself 100,000,000 shares and is now selling them daily, from the Bahama's, 100,000 per day, more on days with news. For all we know it's his own piggy bank....
we just don't know and Dial wont come clean..... I want to know why he won't.
You should too.
You should too, BBB
OK
We've got a PR.
Does anyone want to ask the GLARING question that needs to be asked, and answered here, following careful scrutiny of the copy in the PR this morning????
CTBG
BBB
So you've accounted for 1.5 of the float. At least that's according to Dial, who told me "low 4's" I believe. If it wasn't low 4's it was def. in the sub 5 MM category but I thought it was 4.3. I might be wrong. ANYHOO, what does it tell you, if between a few posters on two public boards, in two days, you can get to 150% of the float? I mean there's got to be what, 75% of the people owning this stock that don't even come to RB or IHUB? Probably more than that, don't you think? Then there's the ones that come visit but never post.
Using your often "conservative" guessing techniques let's just for grins, and giggles say that you can safely say that 50% of the people owning stock have been here or there, and have reported. That means that in a stock with under 5 million shares according to the CEO, you've got 13.6+ million share accounted for. Then you've got a transfer agent who won't even report to the CEO how many shares are outstanding. This might be because they don't want to get sued. What if there are 150MM shares outstanding? What if 5% of the people owning stock in this one are here and telling their holdings? This scenario doesn't even take into account Jim Dial. He might be clean as a whislte, and smart as crap, savvy like a fox. He might not be even close to these things.
There are people here that are saying "naked shorting". Well, IMO, you had better hope it's only a crooked transfer agent covering their tracks from the last crooked management. Because if it's naked shorting, there is no limit to the supply. And an infinite supply, means a price of 0. Patrick Byrne is on CNBC at least once a week now, his stock is 30 some and listed on NASDAQ, and obviously been naked shorted to the nth degree. He's a high powered visible CEO, heir to a multi-billion dollar insurance fortune, and he cannot even get the SEC to pay attention. What about the people "naked shorting GFCI"? Like I said you had better hope it's the transfer agent scared to tell the real truth about what they had done.
And you want to come here and call me a basher. Trasher masher whatever, but the fact that oil is in a boom, and they've got great tools and maybe even profit. Yet unless Jim Dial is one brilliant master of fortune, know the market inside and out, and can make things happen with laser like focus, and military precision, the fact that they have a nice tool (that they won't tell us anything about hmmmm) is completely besides the point.
They're months away from filing or a dividend IMO, they are playing games with buybacks (what a waste of cash that was, eh?) and you cannot even tell me how many shares in the float. Much less how many SOS. How about getting listed on the AMEX? Schemes to slither their way onto the national scene have failed. They should have done an IPO to begin with.
The best of pinks and the best of pink managements have it cut out for them. How many went to the bigger markets? 8/4000 was it? You posted that before. And were happy abuot it, no less. Sad thing is, people who have been here since .45 or higher are holding on for dear hope. They probably cannot even sell now. I wouldn't. Add my 15,000 to the list BTW. That's all the $$ I would take to the craps table on a weekend at Vegas. At least I'd get a free drink or three and get propositioned by a hooker. Well, someone's getting screwed here, that's for sure. Some vasoline would have helped....
That sinking feeling you're getting?
Pay attention to it.
dude,
we counted once, when I was still on the good side of the longs, and still holding tons of shares
we came close to the whole float.
Or according to Dial it was.
I was told that the restricted shares were two year jobs, and that there was no dilution of free floaters. That was back in July. I was also told that they weren't going to dilute any more with free floaters.
Now, here on this one message board RB, you've got almost 100% of the float accounted for. Or at least what it is according to Dial.
So, using simple logic, there is either everyone holding stock willing to admit it on a message board, or some are lying and exaggerating, or Jim Dial is not truthful about exactly how many shares are floating, or there are people who can sell this thing into oblivion.
They aren't mutualy exclusive, but none of the above is very pretty for someone with lots of money tied up here.
I am quite proud of you BBB. You're getting closer to actually asking a question that matters to what matters, IOW will you ever be able to sell this thing for a profit..........
Keep asking better and better questions and sooner or later, well, let's just talk when you get to the big questions....
Have a nice day, and I really don't hope anyone lose money here. I wish you all success, I really do. It just aint happenin IMO, but I promise I'll be here to congratulate you if I'm wrong.....
nothing except some wild speculation.
Some posters here might tell you that they think differently. Ask them how and you'll likely get a "Jim Dial told me, and why would he lie?"
Why indeed....
Be very very careful. This management has lost all credibility, IMO.
Bobwins was smart.
There are many more people taking advantage of this pop to get out.
Some poor person bought at .38 this morning.
OUCH
Why won't they just tell us what's really going on? Every time I hear a management team talk about their share price, it means trouble. Instead of releasing real accurate information on revenue, on jet motor, on whatever, they are trying to get their stock price up by buying shares!
They announced this very same thing last spring! That share buyback was a very short lived thing, if it even existed. There was no announcement to tell us it had been completed. There is no 10-K to see if they actually did it. Now they say they're going to do it again?
These guys are acting like they read the cliffs notes version of running a public company.
Hey guys! Financial information would do a lot more, to get "increases in the share price", and they might last longer than a week!!!!
I apologize
Lyamec's purchase was spcifically earmarked for the libya venture so they are bought in, and actually bought stock, but it was put into an escrow account for libya it wasn't just cash to the balance sheet. I forgot that Dial told me that and remembered that there was something that made me suspicious of the Lyamec purchase to begin with. I was wrong on that item. Meaculpa
Hey BBB
Have you considered that Jim Dial knows that there is a minimum trading volume and minimum dollar volume for the amex, and therefore he wants to keep open the option of a reverse split to get CTTI above the minimum for amex eligibility? IMO that's why he's using 85MM shares or whatever, to keep that bridge intact......
Have you also consdered that it's possible that not only isn't Lyamec losing money on this slide that they are immune to it because they didn't buy common stock they have warrants? In fact that they might be benefitting from this slide because their warrants are for a number of shares and not a specific value? Heck, as in most PIPES, Lyamec could have shorted GFCI stock!
And you still think this is about oil and oil tools and revenue and profits. This is about the market taking extreme advantage of someone who has no clue how the market actually works. Jim Dial is a sitting duck with all of the revers mergers into a shell, share buybacks, spinouts of a 10MM company into another shell....
Here's a question for you
You think this one will get below $.10?
Because I am starting to think that way. I sure hope not... and I really truly mean it.
What about you?
Cleverox:
I contend that they are MONTHS away from doing any kind of reporting or dividend/spinout. And the market agrees with me.
If they really are in a quiet period all investors are screwed because it's silence for anything not related to Lyamec....
tick tock
all IMO
gotta love those stop orders right folks?
you are now clear to wait for .14 for buying.
This management team is hanging you out to dry.....
HUGE NEWS!!!
Oh you mean it's not?
YAWN
Wake me up when GFCI reaches .15
these were not audited numbers, but one must truly consider that Grifco's share price still moved quite positively as a result of that earnings news, so investors really don't care one way or the other.
Yep investors don't really care about audited numbers one way or the other. LOL
It's hard to reason with someone who has no sense of reality. Pull up the stock chart and tell me investors "don't care one way or the other."
This is too funny.
Welcome to the bizarro world of pink sheets Bill. Investors don't care about audited numbers and the purchase of two $hundred thousand dollar machines means that your investment will surely make money.
I'm not grasping at the wind. This is not pie-in-the-sky kind of talk. This is not dreaming. This is real revenue and real profits and real potential!
Yes you are! It's HYPE! All of it is pure pie in the sky talk! There is no other thing that it could be! This is not REAL REVENUE because it cannot be proven AT ALL. There is no basis in REALITY whatsoever because management refuses to talk about what the numbers are and when they will be released. It is all purely conjecture and faulty logic helping you to come to these unrealistic expectations and trying to talk others into deluding themselves like you have. You are completely dreaming about your reasoning. The picture that you have painted in your head is based on some hints that the CEO has given some people when they called him. There are probably no profits and the company was bankrupt only four years ago. They probably don't know how to run a business any better now than they did then!
Here's a hint; look up Reg FD.
If the CEO is sharing share counts with someone on the phone he is either lying or breaking the law, because he cannot share them legally with one person and not the whole market.
Now which delusional idea comes to your head, is Jim Dial 1)lying or 2)breaking the law?
One of those must be true, and they are not mutually exclusive. They might both be.
Good grief.
Do you really seriously think this company would EVER bother to go through the significant cost or burdensome drudgery of spinning off a promising subsidiary and then doing a reverse merger into a public shell, and with all of the formality of due diligence, only to show itself in a bad light?? I think not. THAT would certainly be foolish!
Oh ok I get it. Your assuming Grifco is profitable because if they weren't profitable, then they wouldn't be spinning out part of the company, and Grifco wouldn't do anything foolish, so therefore they must be profitable.
Circular logic and money/investing. Interesting.
According to some of my sources, Grifco has even been forced to turn some of its new jobs away, because they are too busy to offer a timely quote for work days to completion.
Only you, would consider the fact that they can't accept new business as a good thing. Yet these are the miracle managers that are going to turn a .20 per share pink sheet stock with shady dealings and crazy stock buybacks and reverse mergers into the greatest investment of all time, with an instant gain of 5.25 per share once the market "wakes up". Yeah right. They can't even handle all their orders at 10 Million (generously) market cap. They'll do great at 50 Mil. Maybe they'll close down altogether.......
You're unbelievable
How many profitable companies are out there that trade at LESS THAN a 1x P/E multiple?? Personally, I don't know of any that are out there, besides Grifco.
Is Grifco profitable? You have no idea as there has been no financial information for over 9 months and there has never been any information that can be verified. Right?
How do you know the PE multiple? You have no idea. E is determined by outstanding shares and you have no idea what they are. Right? You don't know how many shares are outstanding there are BBB, or do you?
Is this a strong buy? Certainly!
I thought you admit that there are no certainties BBB. Now, you're saying "certainly" as if the stock is "inevitably" going to rise above the current price. So is it your opinion that it's a "strong buy" or is it certainty? Furthermore, if it's your opinion, would you please give us some of your background, some history of performance in the market, some of your qualifications to make such an opinion? I would like to know who I am getting signals from, and how good they are.
Thanks
BBB
No one here is saying that OIL prices haven't gone up. No one is saying that energy isn't in the midst of a huge bull run. No one is saying that companies in the oil field sector aren't going to have one heck of an opportunity in the coming weeks and months. Those are all "yes" or "probably", but that isn't the point.....
The point is that it takes a crack management team to make great money in business. Make that into a "publicly traded" company and it takes even more skill to make great money, and then add another few skill points to turn that stock into a winning investment, your crack management team needs to be best of the best. Notice I didn't say "crackpot" or "crackhead", because for these guys to be taking the course of action that they have the past six months, they have got to be crackpots, or criminals IMO.
I and a few others have asked the following questions and they know that the market is asking these as well, given the pathetic performance of the stock price. Let's see if the biggest pupmer in the world can give us a hint as to why no word has been uttered in response to these very real issues.
Who is the transfer agent and why can we not get management to "OK" an information dissemination?
Between April 30th and July 20 the Jet motor was mentioned in 9 PR's including several dedicated to just that tool alone, yet we haven;t heard a thing since. Adding a 2 MM per month revenue stream to a 14MM company might be something you would want to keep your investors appraised of. No?
Yet they don't.
yes you live in Texas, yes you know the industry, yes you are confident, yes oil is a great bsuiness. yet....
Those two things alone lead me to believe that the people running GFCI are either bumbling fools, who shouldn't be trusted with money, and will not ever be running a successful public company, no matter how great the market is, or deliberately trying to hide something.
These are the only two options BBB. They either have no idea how business works, or are trying to pull the wool over your eyes, and doing a great job of it I might add.
Either the company is being run by complete morons, or they are accurately predicting that the pink sheet market is populated by complete morons who will eat shovels full of shit as long as they spinkle a little powdered sugar on top to make it look edible.
LATHES????????????
You gotta be kidding me.
Financials? nope
Audit? nope
Auditor? nope
Ex Div date? nope
Jet motor update to ensure that more than three are in the field? nope
next batch of jet motor? nope
but hey dude we got this ultimate set of lathes. We can roll 5 tubes an hour instead of four!
Unbelieveable
These guys are making 2 million per month, on a ninety thousand dollar investment (fifty jet motors at $1800 a piece) and are getting ready to do it again. Now, to top it all off, the new lathes they purchased are giving them a 25% increased efficiency, as today's PR states, and STILL the shorts are in control. Those dratted short sellers!
LOL
No finance corporation
A fake big investor, "bu bu but if lyamec bought 3 Million dollars worth then surely my $_____ is safe, right? I mean Lyamec wouldn't have bought if it weren't a good deal, right? RIGHT?"
Meanwhile.......
you boys been had
HAD
sparky
call me names all you want
ignore the fact that they cannot even buy an answering machine that works
smart, real smart