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I cant believe that I just had to go through 200 posts where people were debating the definition of r/s and r/m. What a waste of time. I assume that we will hear more news today. I definitely want to hear a confirmation that we own 100% of GL.If thats true then we dont have to worry about spending $40 million for another 30% of GL. As of today GL management should be running the company which means we have no idea if they will continue the Town Hall or if they will update us as frequently on whats going on. We have no track record to go by.Also since GL is running EFGO we dont know if they are interested in Canden. Personally I think that some legal issues came up that obliged GL to take over EFGO in this manner. This was probably the only way for them to meet their deadline.That might mean that all previous prs are worthless. I am definitely curious what GL will do with Canden and all the other EFGO assets. I am still hoping for a dividend though. But now it would be GL giving a dividend in EFGO and not the opposite.
If this is a 1:1000 R/S then shouldnt the pps be .20
balihi, its 1 thing to defend the technology, but to defend these guys means that you lose all credibility.Management has shown no respect for its shareholders ever.SSTY is still gray and TPDI still has no revenues.And GSFC still doesnt trade.You have been singing your optimistic tune for a couple of years now.Maybe its time to give it a rest.
Thats him.Our investment is in the hands of crooks.I dont think anybody doubts the TPDI technology but I cant see how people can have confidence in this management team.Its enough to see what they have done to SSTY.
It appears so. Brian posted the information last night.You can go back and check his posts.
JB, on Town Hall a few months ago they said that they were buying back shares at silly prices and then a month after we saw that the A/S had gone up. Plus all the pr´s involving signed deals and Chang also proved to be false. Then they mentioned uplisting their pinksheet status. etc... Some people are calling that lies and others are not.Whatever,its all history now.We all own shares and those that are believers will keep those shares longer than the disbelievers.Time will tell who had reason.
Sham, On November 7 they announced a 30:1 R/S and then on December 6 in the 8-k form they announced that the R/S will be 100:1 instead of 30:1.
Sham, it is official.It was préd a few weeks ago.Just go back and read the the last TPDI pr.We just dont know the date yet.
We are expecting a R/S any day now.Also, the technology sounds great but most of us dont have any confidence in the management.They seem to be a bunch of crooks.
I saw that they deleted my posted.I dont know why.I just said that you are probably right.
The entity gets their dividends (like us),the option of getting 40% of GL,a bigger piece of EFGO, and a good portion of Carden.Plus if they own a big pile of perferred shares in EFGO then its in their interest that the GL deal goes through.Possibly if they didnt come up with the $5 million the deal would have fallen.It is just a guess.
I think that whoever has a gazzilion perferred shares and lets say maybe they have 1 billion in common shares.I am sure they have many other assets outside of EFGO that would enable them to come up with $5 million.Plus they have an option to acquire 40% of Good Life at some later date if they see that GL is growing as expected.It sounds like a good deal to me.
They get a dividend off their shares.
Possibly the person thats holding a gazzilion perferred shares of EFGO would have no hesitation putting up $5 million.It would seem to me that if Good Life is as good as we think it might be, that it would be a nobrainer to invest $5 million to secure the deal.
garde, I realize that you can change your name for any number of reasons.I was responding to the person that said that Steve Edwards is the English translation for Steen Elgaard.I just said that I had never heard of changing the last name of a person when translating from 1 language to another.
Thanks for the lesson.But I dont think that this guy imigrated to the US.Plus I was talking about translation and not people changing their names.
I have never heard of a last name being changed when going from 1 language to another.
I agree 100%. I was just trying to say that I can feel and relate to peoples pain,frustration,hate,etc... with this company.And at the same time I appreciate all the time and effort that Skier (and you,Wayne and a few others)put into keeping us updated on whats going on.GLTYA
skier, personally I think that you guys are out of line with Westpac. I have lost alot of money here just like many others. We did our DD but it was worthless because we were lied to and led on with false prs and a dishonest CEO. Since Fred has taken over the pps has taken a nose dive and we just went through a R/S. Plus we learn that there is no patent pending and that the CT is not even up to speed as we were led to believe. Through all of this you have defended the company and continued to stand by the CT and Fred. Plus all of us that have been around for a long time know that you and a few others slammed anybody that talked bad about Frank and the potential of this company. Even though it is not your fault,I am sure that alot of people invested more than they should have based on your (and Jerseys,Monkeys,etc)enthusiasm,confidence and misinformation. Many of us are very upset with everything that is related to HISC and since you choose to be on their side it is normal that you will get slammed every once in a while. Like I have said before,I appreciate all that you have done and continue to do, BUT I certainly understand the hatred some people can feel towards your continued OPTIMISM. Many of us got raped by HISC and want them to pay.You only hold Frank responsible but many hold everybody that was close to the company responsible. JMO
westpacpirate, I agree with most everything you say.Skier has taken it upon himself to keep us up to date as much as possible.Since most of us longs are down 95% and would never sell at this level, its nice to have skier here to give us a little hope.I think its wrong to give all the blame to Moody and not include Fred in what was going on a couple years ago.We were lied to and led on and Fred was part of it.For that reason I have less faith in what Skier passes on to us then maybe some others here.Personally I dont think this company will ever prosper but instead I think they are just trying to stay afloat to be able to keep paying themselves a salary.They are just trying to earn a living like everybody else, but unfortunately its at our expense. JMO
The website has been like this for a couple of weeks now.
This board is acting like a nursery school.Its like nobody wants to share their toys.If the news is in the public domaine then it has the right to be posted here.Lets grow up folks and use this board like it was meant to be used (sharing information).
kraken, did you call the number to see whats up?
Another positive of our Good Life investment is that earnings are in the yuan or RMB. The yuan is now considered the cheapest currency in the world any many think that its valuation could quadruple over the next 10-20 years.When the revenues are converted back into dollars this could be huge.JMO
News!!!!! Big Apple is gone
This is what I see as negatives and positives.
Positive: we will receive shares in Good Life China company
Negative: we dont know how many shares and at what pps they
will trade.
Positive: we will retain our EFGO shares
Negative: we dont know if there will be a R/S and we dont know
what assets will be in the EFGO shell.
The good thing is that we should know more in the next week or so.And for sure there is a lot more going on that we dont know about but I think that those questions too will be answered before too long.
And then shoot him again for INXR
I believe that $8 million in revenues divided by 11 billion shares comes to about .0007 pps And then we only get 10% of that. But of course we dont know the share structure yet of the new company and of course the multipules. I think when most people here talk about the pps shooting up that usually mention SHORT COVERING or MOMO TRADING.Or they talk about this being a good long term investment.So just basing the pps on $8 million in revenues is not that much. JMO
Then maybe there is a chance that they will update the Town Hall this weekend.That is usually their pattern I think.
johncee, thanks. Its just tough to have confidence in this constantly changing management team.They ran SSTY into the pinks and they ran GSFC off the board completely.They have been showing contracts and agreements in China for a long time, but they still show no revenue.Bendis was suppose to be some bigshot with a lot of connections but he didnt do sh*t ,and now we have a crook running the company.If this technology is as good as they want us to believe,then they should be able to find some big investors to back them up.Something is not right here.
It looks like you are bored. Where did you hear that news is coming?
What? And Happy Birthday for yesterday!!
Bigdogs, I know that this was asked before but I didnt understand your answer.You say that there are about 230 unaccounted shareholders.But if I have 2 different accounts (1 in the US and 1 in Europe) is there a possibility that I could be counted twice? I know that a lot of people are in my situation and that would account for most of the 230 unaccounted for. I am not sure if the company counts by name or by account number.
Its almost like we are parents and are paying for HISC´s education and paying Fred and company an allowance (and a big 1) to live on. They keep telling us what they have learned and what they have accomplished but it is at our expense.I am ready for them to finish school and get to work so they can pay us back.I have a feeling that HISC and Fred will make out just fine but we will lose our a$$.
They could have atleast put out a pr explaining the reason that there was no webcast.For me that is inexcusable.
thanks, I havent been keeping up.That happens with long term investments.
The financials are out.What do you guys think?
Plus a lot of companies perfer to respond to questions with action and not words.Many just need to be patient and their questions will be answered.
It is obvious that there is a lot going on and before too long we will have the answers to all our questions.This board has become a hangout place for people who have too much free time on their hands.And unfortunately these people are trying to impress others with all the negative DD that they can dig up.Its also a shame that GoVols and Allinxxl keep getting banned because they seem to be closer to EFGO than anybody else.Hopefully we will get some positive news soon so this board will stop talking in circles and move on to something more concrete.
I guess this will be the pr for tomorrow. It could be good.