Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Please let me know, if you get an answer. TIA
How does Google show it as a private company and no price, while it is tradable and there is a value and volume per the stock broker? I think Google is not presenting it right.
TIA.
Can anyone explain the unusual activity today? TIA
Do you think having Reda accused with fraud and getting him out of the company will do much better for the company? I think so. I wish he is out and get people more honest and committed. IMO.
Neither do I. I only see that this appears to be the bottom and it also have strong findings. Market has to say its word.
They already disclosed the share structure in the last webinar. I strongly believe there is a financing problem. I wonder why we are not hearing anything from Steriwave for all this time. I might be wrong.
LVCA, check it out. Gold news are out. GLTA
The company always has gr8 news but no one is buying on it. I wonder why. I wish one day there will be a very big run.
GLTA
I think there is a financing problem. I don't see any status report since 8/15.
http://media.wix.com/ugd/1d954b_3ffed24f8c0265cc30e613be3a51f8c4.pdf?dn=SteriWave-GDT-TEK+Company+Announcement+11-10-11.pdf
Also, financial was never out as promised.
This what happened when he announced a 8% financing deal long time ago and then did not go through and there was a big silence while they were trying to get some other real financing deals.
Albert is full of lies and I do not think even that the current news of China is right. I hope this can be proofed and we sue him for all his lies.
I think we can just hold and wait, until something happens; or we work with them to find a financing source.
GLTA
Fraud! They do business using fraudlent sentence
I received a credit card offer with a fraudlent sentence that "I will get an instant response in as little 60 seconds when I call or apply online." I made the call and I requested credit line, I received a letter after 10-14 days, asking for more information. They asked for this information after they checked my credit history and affected my credit score, regardless that they found that I have an excellent credit and have big credit line with other banks. I guess the credit lines I have is much higher than what they were going to offer me, in all cases. They also claimed that after I submit this information it might take another month.
So it went up from as little as 60 seconds to a month to 2 or might be even more, and they already checked the credit history and affect the credit score. They can't take back the credit check, ofcourse.
Watch out for these letters and fraudlent business. Watch out that they will lose their business over the time.
They are looking to have the project adopted by the Egyptian gov. or joint ventures with Egyptian investors.
GLTA
If the company started the operation in Egypt, the company could turn to be billions dollar company.
http://www.alqaheraalyoum.net/videos/playvideo.php?vid=d7cce55de&fb_source=message
The Company project is introduced as a national project to the Egyptian government. It is in public media to raise a public opinion.
This will make a huge difference.
Can anyone explain the unusual trading behaviour of this stock and how it should be in relation to the findings results? TIA
Do you know something going on wrong with the permit? TIA
There are 1,383 shareholders since 2009, may be more or less now
http://www.otcmarkets.com/stock/GDTK/company-info
What do you think each will be holding?
Last 10-K, 6/2010, Reda holds very few shares of the 40B, Steriwave has 8B according to the webinar, around 30B with shareholders.
I agree that all the penny land went to the same thing and most of the RS went to nothing, but looking all over (the industry, the company stage, RS purpose all the facts) makes a difference.
In regards to the Amer canyon project, I am watching the progress from the Steriwave-GDT tek web site progress report. Do you have information that it is not going well? TIA
What a day, no activity at all!
In regards to the number of shares outstanding, re the cake post and others, we are buying at the fully diluted value. We buy while no further dilution, the cake post and the others are okay when there are authorized and unissued shares and the company is going to issue the additional shares, at which each shareholder share of the profit is decreasing. You are talking about the big guys, this is not applicable in GDTK case.
You want to invest $500, it is $500 whether you got 5M shares or 5K shares, it is the same $500 at the fully diluted value, you are not getting more or less portion of the cake.
GLTA
Company can't sell shares without public offer. Not much remaining authorized and unissued shares are there.
Insider can't sell over 10% if their holding within 90 days.
Sellers are either investors who can't hold or short seller (MM) expecting price down at the RS.
RS for outstanding shares only is indication that the intention to create authorized and unissued shares to raise capital, this is not the case here.
3 quarters financials are promised to be within this months. We still have 10 days, but we should keep pushing them.
GLTA
GDTK, great technology, great potential, operation is near, a run will be in soon.
LVCA, cheap gold, great results.
GLTA.
Ask volume is 75M. Great, only $7.5K. If they filed = they have been keeping their words; and it will move.
GLTA
Good volume, does anyone have L2 information? TIA
Ask price is 0.195, great sign. Hope will move up further.
GLTA
106M shares on the ask = $10.6K
I really think of it above the $1, but too bad these shareholders are selling. Also, it can be a long term and go further up with either sell out or production.
GLTA
I noticed that the ask volume had been going down with all the buys that happened. Hope the existing volume is the true one and only a little more than $10K to start seeing the move.
GLTA
It looks like the last results is building up some Bid. Only thing weird is who is welling to sell at this price?
GLTA
Great news, hope it will get attentions of investors.
http://finance.yahoo.com/news/High-Grade-Gold-Reported-and-bw-2573568523.html?x=0&.v=1
GLTA
LVCA, great news. Get cheap gold.
http://finance.yahoo.com/news/High-Grade-Gold-Reported-and-bw-2573568523.html?x=0&.v=1
You could be right but sometimes it reduces the authorized shares. BO said they will. May be RS outstanding and cancel the excess of the AS. GL
Lucky that you could get any at below $0.0001. That's why I see shorts that are covering with the price never changed. Thanks for the info.
Otcbb shows sales at less than $0.0001, does this mean short are covering or how is there lower value than $0.0001?
Scottrade showed price was up 10 times today and became $0.001, otcbb shows this at 0 volume. Is this an error or an indication?
It is not anywhere close to $0.01 value. You mean the company worthes 100X its current value no way. Based on the discounted cash flow of the 6 PG&E projects, fair value is 6X the currnet price, as much as I recall. 6 projects worthes 9MW. There is proposal for another 100MW, expecting 50 to be accepted; if they got these, 50/9 * 6=33X. So 33X from the 50MW and 6X from the 9MW, that means it is 39x the current market price. Roughly 40X.
So RS to 0.1 X 40 = $4 vs. 0.0001 X 40 = $0.004. Company can uplist with RS but not without it, unless they took over the large portion of the market, which is a very long time. To get to have 40M shares outstanding through a buy back is rediclious, Company needs to buy almost 38.76B shares which is about $3.9M, they are not going to spend this money in their start up.
I think RS won't get this down, they can get people fear and sell off. It is hard to run to $4 in days but it will take its time to get there.
Neither do I. I know it worthes much more, do not know why it is not moving, why MM are not taking it to the right value. Are they waiting for something that they know it is going to happen and make a big run or know that something bad is happening and keeping it at this value.
It would be impossible if someone dreamed that this stock will be a $1, with 38B or 20B shares overnight. Dreams should be realistic, otherwise, you will be disappointed.
You should look at the fair value (discounted cash flow) compared to the current value when you make your investment decision.
If the company worth $1M and not it is $3.8M, then it will go down, no matter how the market wants it to go. If it worthes more than $3.8M, it will go up to the extent it worthes. GDTK worthes much more than $3.8M, so it will go up. But it doesn't worth $38B now to go to $1. So RS can help it to go to more than $1 easily and be current to get uplisted.
GLTA
Btw, those who claim that the Company was selling the shares to drain our monies during the last volume sales, the Company can't just go and sell the shares in the market. The Company should have a PR announcting this and there are several regulations that control this process; additionally, the company issued all the new 20B shares to the convertible debt payment, acquistion of RTR, legal and other professional fees, and collateral to Steriwave, according to BO. So the sales were from MM, IMO.
GLTA
Is it the same situation, where funds are available, potential uplist, stock value is higher than current value, projects are in line, and on top of all these an awesome technology?
It looks like the ask volume goes down with the sales. Does this mean that the existing volume is the real one or is it fake too? TIA
Can some one explain: what kind of investment is that $100 or $50? Are these considered reasonable transactions or do they indicate something? TIA
You exactly put the company's prospect in few words. Thanks!
GLTA