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I think its because of insider information. Why else would someone make those claims in spite of overwhelming facts? I'd hate to think that someone would lie on the internet in order to profit at the misfortune of others.
That would be a very Bruce Pollock or Foghorn Leghorn kinda thing to do.
What ventures does he have lined up? Do you have any proof of this? Why do you believe a PR with a forward looking disclaimer over the actual facts that have been posted to this board?
Are you, a moderator, telling me to stop posting facts about GESI?
Some of us can't move on because of how GESI has continued to treat shareholders. We were scammed and despite GESI's legal obligations we can't sell.
Did you only find parking tickets? I found a hell of a lot more about GESI and its new CEO, and its previous CEO.
Ignoring facts will only get others burned.
Do you not read the forward looking statement at the bottom of PR's? If so, why are you waiting on news to find out since PR's don't have to be factual?
Outstanding library books and parking tickets don't end you up in civil court. These lawsuits are from other companies and/or private citizens.
When was the last time a corporation could open up a library account?
I believe there's also a lawsuit (possibly multiple) against Bradley's construction company as well. I'm trying to find the link. Lotta bookmarks and DD to sort through.
Handsome CEO? Lol. John isn't my type but I still believe in this company. From what I gathered there were a few entities involved that took advantage of the company, and the CEO. I'd go so far as to form an opinion that they stole from him from the looks of things.
I believe BLDW has the right people in place now and is making steps to correct past mistakes to become a much stronger, effective & highly organized company. Time will certainly tell but I don't know when that will be. Hopefully we hear something from Austin soon.
0.003 to 0.0001 is still a long way down.
CHART: Insider trading & artificial inflation if GESI's PPS
Someone, or a group of people knew this was coming and tried to walk it up on little volume. GESI has been mostly dormant since August of 2013, and if you really think about it the company has been dormant even longer than that. Suddenly it goes from the low 0.001's to nearly 0.004's right before a PR? A 200%+ gain in a shell company before an announcement is made about a restructuring/merger/new CEO?
Yep, that's insider trading and stock manipulation.
Great news my ass. His construction business has an F with the Better Business Bureau and is running the business out of a foreclosed home. Why did he get an F from the BBB? Failure to have a required competency license. At least little was known about Gordon when he was put in charge of GESI by an indicted OTC/Pinksheet pump & dump scammer in Houston.
http://www.bbb.org/central-northern-western-arizona/business-reviews/contractors-general/dautremont-construction-inc-in-scottsdale-az-1000012994
http://images.angrylender.com/docs/azmcts/2014/01/28/20140056717_rdf.pdf
Read that again. He failed to get a COMPETENCY license for his LLC. How on earth does he plan to run a publicly traded company which is even more difficult to do, and is higher maintenance than an LLC? Partner up with Bruce Pollock? That's almost as bad as taking stock tips from someone in a trailer park.
http://win.azroc.gov/forms/details.asp?license=242319
http://www.eastvalleytribune.com/get_out/article_af2cb561-983d-5e50-9e72-c8eef6e3ab1c.html
This guy is getting screwed over by whoever put him in charge of GESI, just like Gordon got screwed by Bruce Pollock, who put him in charge of GESI. Thse people don't care about anything but profiting as much as they can regardless of who they throw under a bus or hurt in the process.
I'm almost 99% certain Bradley is in way over his head here and that he's being fed nothing but lies. In short, this guy is being manipulated.
Even the SEC attorney I spoke with when Gordon MacKay was discussing handing the company over to his shareholders wouldn't touch GESI due to its tremendous liabilities, and those liabilities don't go away just because someone new is in charge.
Whoever put him in charge doesn't care what happens, even if it ends up costing Bradley his marriage and life savings. They certainly didn't mind lining their pockets at the cost of the shareholders life savings.
I know a certain someone that was talking a while back about a moving GESI beyond $0.01 and bringing it current with a new CEO or new company/merger so that they can profit, dump, and move on. I know I'm not the only one that's heard this as well. They're banned from ever being on iHub and openly admitted to being compensated by GESI, but refuses to pay for an IRP notice, as they are legally required to. Probably because they can't afford it.
Why $0.01 you ask? Because that's what the PPS is that these insiders need in order to do much of anything with their certificates or shares at these boutique brokers like Wilson Davis (and others).
Either way, anybody doing business with that GESI IRP is playing a very dangerous and toxic game. Stock manipulation, insider trading, and conspiracy are very serious offenses.
OTC, NASDAQ, Lottery, etc.. doesn't matter. This is integrity we're talking about here, and a possible class action lawsuit. Do you want to be involved with a company that will not honor the liabilities that they took on?
Also, what's this I'm hearing about a team that helped put the new CEO in place. Is this Bruce Pollock & Gordon or is this some Skype room collaborating?
It'll never happen if you don't hold them to it, shaw. GESI has a legal contract to live up to, and shareholders have a lot more power than you think. Many of us were abused by GESI and outside sources to the point where we feel helpless and just want to get it over with. That's exactly what they want you to do.
Why would you walk away from money the company owes you and then turn around to support a CEO that won't show integrity by living up to their end of a legally binding deal?
That's not sucking it up like a big boy. That's just messed up.
There's a lot more in the PPM than just shares. Please take the time to read over your paperwork. That's what many of us are asking about. What does the company intend to do about the broken legally binding contracts?
I'm sure a lot of BS, lies, slander, etc.. were told to the CEO, and I really do fear that he's going to be a scapegoat for whatever teams helped put him in place and Gordon, but the facts are that the PPM shareholders have what is owed to them in writing, and its been largely ignored. Please read the fine print. A RM or reorg/restructure makes GESI liable for immediate payout to the PPM shareholders.
shawhub, you're owed interest on the money you gave to GESI for the PPM via Bruce Pollock and Martha Pollock. I know you were lied to and lost a lot of money in this, and so have I and many others. Don't you want the money owed off that interest? Its a nice chunk of change. What about the accounting books? Wouldn't you like to know what Gordon did with all that money over the past 2+ years while he openly admitted to some PPM shareholders that he was ignoring them and avoiding their calls?
But, it is raining outside. I was just there.
I think I know what you're talking about and truth be told, anybody who listens/follows that individual deserves to lose money. That's quite a talent.
Somebody is going to have to soak up all those shares that Gordon, Bruce, Kenny, Craig, and whoever else was compensated by GESI. The PPM holders have an uphill battle regardless. They're the ones that are getting screwed the most.
You're absolutely right about a APS like promo to make any of this better.
The beauty about facts are that even if you don't believe them, it simply doesn't matter because they're still facts.
Its clearly a copyright violation. Its starting to look like my concerns are becoming true & that the new CEO is getting the same treatment as the old CEO: in over his head and whatever teams that he's working with is taking advantage of him and the lack of experience.
This is exactly what got Gordon into hot water.
Bradley Dautremont has no formal education beyond high school, and was voted the hottest bartender in Scottsdale, AZ in 2007. He's 31 years old.
A very ambitious young man, and I hope he can pull this off.
http://www.vistree.org/wp18/wp18_377.html
I wonder about his Facebook page that thanks the team that helped him get there, because the prior team that helped Gordon get into power was shit. What team?
Too many unanswered questions here. I really do hope he's a good guy and not being taken on a joy ride like Gordon was when he took on GESI a few years ago.
The principal and all accrued but unpaid interest on this Note shall become due and payable immediately if any voluntary or involuntary, bankruptcy, insolvency, reorganization, receivership, assignment for the benefit of creditors or similar proceeding is commenced. At the option of the HOLDER, the principal and all accrued but unpaid interest on this Note may be declared to be due and payable immediately if the issuer engages in any liquidation, winding - up, or dissolution, or if the Issuer fails to pay any and all interest and other amounts (Including shares upon conversation agreement) owing under this Note on the date that such payment is due. A merger, reorganization, sale of all or substantially all of the assets of the Issuer or other transaction in which majority control of Issuer is transferred to non-affiliates will be treated as if a liquidation.
Some of us can't sell :) I would if I could, but I still wouldn't move on because the company has a legal obligation to its shareholders that it is yet to fulfill.
It has everything to do with the new CEO. When you take on a publicly traded company, you also take on their liabilities.
Gordon offered the company up to his shareholders back in Feb. I was personally speaking to a SEC attorney about the deal, who acted as a middle man during negotiations. Ask another lawyer if you want, but they will tell you the same. You take on a company's prior liabilities. That's another reason why some shells are shit, and others are attractive to companies that want to RM to become public.
We fell for the same thing when GESI took on Gordon MacKay, despite him being a terrible CEO and had little experience to make GESI successful.
The same can also be said about Bruce Pollock's wife, Martha when she was in charge of MG Shrimply's and in their PR's it stated that she had tons of experience in that sector.
"Mrs. Pollock has been part of the shrimping industry for all of her life."
Direct quote from their PR's. Her husband was a man behind the curtain with GESI.
Don't believe the fluff in PR's. Wait for facts in filings.
When you gamble in Vegas, you don't have a legally binding contract with the casino. Big difference.
I'm giving the new CEO a shot, but he's got a lot of shit to clean up. I do have high hopes that this will be something positive for everyone.
For the sake of you and all of the other shareholders, I sincerely hope he does the right thing. GESI was certainly lacking a man of integrity, so I hope the new guy has this trait because it definitely will only help the company in a positive manner moving forward.
Gas & oil is big business in Canada. I read somewhere that the US imports most of its oil from there, not the middle east.
Emails from OnTrack also state this. That green energy is good business, but difficult in Canada due to permitting.. but gas & oil is even bigger, and easier to get a business going in it.
It is a positive thing, but if Gordon was heavily rewarded like Bruce Pollock was, that toxic history will continue to haunt us. I'd like to know how transparent the new CEO will be, and what he will do to make the shareholders whole again that got screwed over, which GESI is still liable for.
Gordon offered GESI up to the shareholders back in February. That's how long he's been wanting to get out of this mess. I have the email records to prove it. Bruce Pollock wasn't exactly happy with the idea, insisting that the "shell is worth money"
I'm still baffled as to what anything Bruce Pollock would say would have any impact on GESI. After all, court order prohibits him from having any position in a publicly traded company that would give him that kind of power (director or exec). He definitely seemed to have influence over Gordon and this company based on the emails I have.
I'm also curious about the rise in PPS leading up to this announcement. It looks like insider trading to me, and now that the PR is out, newish (and oldish) names wasted no time posting. Its almost as if this was expected or they were given warning of it?
There's something rotten in Denmark, and its not the cheese.
Bruce Pollock acted illegally by selling you those shares. He's not licensed or registered in the state of TX to do so, which is a felony. I'm sure we all know just how big of a crappy businessman Bruce is, but he's been doing this type of scam for so long that he's developed a narcissistic personality disorder and thinks he won't get caught (again). Being fined once by the SEC wasn't enough for him.
He's used to being threatened. Its nothing new. But he's not as smart as he thinks he is, and he's pissed off a lot of people all over the world, from the United States to the European Union, and everything in between. Crossing state lines, let alone international borders, to do these things puts it in FBI jurisdiction.
This doesn't free GESI from its liabilities. Shareholders are still owed class A shares, voting rights, and the accounting books. I Also want to know how many shares Bruce Pollock, Martha Pollock, Kenny Davidson, Craig Huffman, Gordon MacKay, and others still have, because they will be dumping into upwards movement.
Also, once this stock hits $0.01, it'll probably dive because a lot of people are holding on to paper certs that can't do anything with them until then.. and I'm talking about a LOT of shares that will be dumped.
As far as I'm concerned this RM is illegal because the shareholders were not notified of this, nor were they allowed to vote as Gordon MacKay signed legal rights over to them.
Sorry Hoss, but I will continue to go after whoever is behind GESI until the shareholders are made whole by the company holding up their end of the deal (and we have it in writing).
I'll be contacting the TX State Securities Board and FINRA's Securities Fraud & Enforcement Division later today with this news.
Lawsuits are coming, and so are criminal charges. This new CEO probably doesn't even know what he's getting himself into and Gordon & Bruce could be setting him up to be the scapegoat for all the toxic shit Bruce, Gordon, and others did. They, and current management are still liable.
A step in the right direction, but shareholders are still owed. Period.
Its due to insider trading. The PPS was artificially inflated before the announcement. Insiders knew what was coming and started moving the PPS up.
There's been chatter about a reverse merger, PPS increase, and current for quite some time now. Looks like someone or somebodies that knew started working before the announcement. That's insider trading.
Love it or hate it, the chart is the way it is because its artificially inflated.
A kid's lemonade stand is a more profitable business than what GESI has been. Better ROI obviously.
GO GESI! GASIFY THAT MONEY! That's the only thing the company has been good at anyway besides lying, avoiding, and ripping off its shareholders.
Gordon continues to refuse access to the accounting books and the class A shares he signed over in the PPM documents that Bruce Pollock, Martha Pollock, and Dominique Donato were responsible for (and drafted). After all, the Word document says it was authored by Dominque's computer in Houston if you look at the metadata within the file.
GESI is now a Chinese Hair Loss for Men company?
LOL
Gordon's dumbass couldn't even utilize the free email account that came with the GESI domain so that it'd look like a real company instead of some dude in a condo with a gmail address. That's how he represented a publicly traded company. Maybe GoDaddy or whoever he bought it from should have thrown in some Affliction or TapOut shirts to add to Gordon's collection. What a lazy ass moron.
Now, he can't even afford to pay the $9 a year to keep gesienergy.com so some Chinese scam/spammer bought it when it ran out.
But, we're still in the final stages of $50 MILLION in IRREVOCABLE FUNDING!
GESI raised $200k for that funding, as Jason Watson's finder's fee or something along those lines.. funding that we're still waiting for something to be done about. $50M in funding and the company can't even stay current.
Gordon would have the money to take care of things like this if he didn't pay the Pollocks or those other fools in Houston. After all, those are the people that got Gordon into this legal mess, and absolute failure of a company. So far the only thing GESI has gasified is cash.
Know what you own. GESI - gasify dat money!
I'd like to know why people that were paid by GESI don't have IRP notices as required by law?
The email is valid. I, along with other class A shareholders, have verified the same thing with the Canadian government.
What did Gordon MacKay and Bruce Pollock's fat, greedy sausage fingers do with the money they raised? GESI had a lot of money flow through it over the past 2+ years. Did I mention that Bruce Pollock is extremely fat?
In other news, I've also heard rumors that Gordon is losing the condo in Vancouver as well. He told folks that can't afford it.
Gordon might be listed as CEO on paper, but it was Bruce Pollock calling the shots which placed him in that job.
Even if GESI continues to go up, the shareholders that were solicited and privately sold shares will continue to be screwed while those such as Kenny Davidson, Bruce Pollock, Craig Huffman, etc.. will profit. Why's that, you ask? Because GESI isn't current and hasn't filed since August of last year, thus making any of those prized stock certificates as worthless as used toilet paper.
I still have a copy of a document signed by Gordon MacKay promising me class A shares/convertible notes. Never have I received them, and Gordon is flat out refusing to do anything about it.
Keep in mind, Gordon and/or Bruce hired a fake accountant. Remember Eugene Egeburg?
http://www.marketwired.com/press-release/in-anticipation-imminent-expansion-operations-company-plans-hire-eugene-egeburg-paocb-pinksheets-gesi-1661205.htm
Well.. there's this:
https://www.sec.gov/litigation/admin/2014/33-9513.pdf
I can't comment on that other than the business they PR'd is indeed valid.
The same can be said for most OTC/Pinksheet stocks, since that's how they operate. Tell me something new, because this isn't.
BLDW has a lot going on from what I understand. Its a complex issue, but the company itself is great, as is their product line and sales. In my opinion the CEO is still dealing with corporate cancer.
I'm willing to vouch that BLDW is a real, legit company in the land of stinky pinkies. The majority of the stocks on the OTC/Pinks are ran by crook CEOs or incompotent ones. BLDW is definitely the real deal and has a bright future ahead.
Sometimes in the OTC/Pink land companies get taken advantage of by predatory snakes in the grass. Its definitely an uphill battle for real meaningful companies on this exchange.