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Well if the merging company isn't pink sheets, they're required to provide a written notification of the pending vote to merge no later than 21 days prior. That's a pretty tight window for us.
Agreed NOBO. I actually found it interesting that he said their shareholders voted on the merger. That makes several statements and raises a few questions.
1) Obviously it isn't a company wanting tax benefits for going public. They're already public.
2) It's an established company with voting rights for the share holders.
3) How long has this possibility been on the burner? Unless I'm completely off here (correct me if I am) I'd assume it would take more than a month to have the board review GRDO and then issue a vote to the shareholders. The voting process isn't that fast.
Hahaha - that's the best post I've seen in 2 years on this board
Well I'm glad you admitted that you also had the same assumption. It's in the post history... I understand that they didn't lie technically, and I agree. But it mislead some pretty experienced investors and that's a problem. It's the same with their "approaching 50K statement and on target for 100k..." The financials weren't what any of us were expecting, and our expectations were being based off what Watson was telling us. That's a problem. In my line of work, if I lead my boss to believe something anything other than what it was (truth or not), that would be the end of my career hands down.
Well if you look at my post - 114,338. No one seemed to want to make the distinction when it sounded good, and YOU stickied it... Anyone can be a politician if they want, it's still misleading.
Technically, you're correct. But I asked about profitability, and she replied with, yes, we are cash flow positive. Yes, they're two different things, but it was a misleading response.
What bothers me is that they told me about this time last year that they were "cash flow positive" - that was a lie
I called the help line for Guard Dog and the answer was, "Welcome to Guard Dog, powered by CSI Identity." They guy I talked to told me they were in the process of acquiring access to, and handling all of Guard Dog's clients. I'm pretty sure that's the merger.
Well I guess speculation is out the window... It'll be Guard Dog powered by CSI identity... I like it
And what's Guard Dog's relationship with "Membership Card"?
I'm on the phone with them now... My wait was about 10 seconds. But NOBO I have a question you might know the answer to - because of all the weird stuff I've had the pleasure of talking to all of the reporting agencies. It sounds like when Guard Dog pulls your credit report, it goes through as a hard inquiry. That has a negative impact on your score... Is this correct?
Their support line still won't work... It's ringing now, but the call ends before anyone answers.
Highly probably actually imo... That's why it's a poor reflection of member number - also imo
Well that was my invoice number... Same as member number?
I highly doubt they started with "1" , but I found the invoice number interesting...
This is a payment receipt for Invoice 126807 sent on 02/19/2011
Superior Plan Setup Fee $5.00 USD
Superior Plan (02/21/2011 - 03/20/2011) $19.95 USD
126,807 product ordered? That'd be nice if it were valid!
Yeah I'm trying to, but the call keeps failing, I don't know if it's my phone or their side...
I have the top package, but I never received the authenticate email (it's been 4 days) and my account authentication failed...
Well I would but I haven't received it yet
I would if I knew what NOBO was talking about... I just joined a week ago though after canceling for a few months - not sure how to elaborate further?
pm me also
I just did
Does anyone here know if, under the premium membership, you can access your credit scores for free? I'm thinking about upgrading and can't figure it out from the website. All it says is that you have instant access to it, nothing about if you have to pay for it each time...
Arm, I believe he intentionally delayed until the numbers would show something favorable. I don't have much of an issue with that. We all openly and knowingly invested here without proof of earnings or anything for that matter. The "risk" we all took wouldn't have existed if that information was already available, and the PPS would have been fair, not a steal - like many still believe we have here. Hopefully we'll get rewarded for the risk, but maybe not. If I wanted to know everything on day one, I would've invested in blue chip and enjoyed my 5% a year.
I do know audited financial reports cost over 1M/year to produce. It takes time to have that kind of capitol and it does show significant strength that he's doing it now. I'd rather wait and not know any of the numbers and get them audited and delivered correctly than receive a half cocked report that everyone will question the authenticity of anyway.
I hear you. I'm just not ready to cross the line between mismanagement and intentional misdirection yet. However, I certainly think most of our loss has taken place due to shareholder's lost confidence in Watson - no doubt. The drop to .005 was due to dilution that we knew was coming, the remainder was due to broken promises and missed time lines. We wouldn't be here right now if he'd promised audited financials at the end of 1Q in the first place. He over-promised (again), and here we sit at .001 something.
I wanted to gauge how concerned they were with the current PPS. So I decided to ask an open-ended question - "Why does the company think the share price has dropped so drastically since October?" She said she could look online and try to get a feel for the sentiment, and she would also ask Watson what his take was. This concerned me.
1) It sounds like they either haven't given it much thought, or they just aren't sure why it's happening.
2) Step 1 of correcting an issue is recognizing the root cause and implementing changes. You can't fix anything if you don't know what part of it is broken.
My take is that Watson is probably good at the company side of things, I just honestly don't think he has much experience running the public side of it. Put simply, they don't know why the PPS is so low, and they don't know how to fix it. I hope his business sense will pay off quickly and we'll get a PPS reaction based on pure performance. We need it soon. I'll post again when I get a reply, maybe he's on top of it and just hasn't forwarded that information to IR.
I talked to IR again today. It wasn't the most encouraging conversation, but they're calling me back with more information this afternoon. I'll post when I hear back.
I completely agree kaddy, you definitely shouldn't have to do that... I'm not suggesting the phone call was necessary; it shouldn't have been. It's just easy. Believe me this company torques me in so many ways I don't know where to start, and thus I rarely post because it wouldn't be constructive. It seems to me that they honestly don't have any idea why the share price is where it is. That's my question for her tomorrow when she calls back again - I want to know why Watson, or the company, thinks they've lost 90% of their share value since october. Her answer to that will determine if I stay here any longer. The simple fact is, if they don't actually KNOW why share value is down, there's not a chance on earth they'll know where to start in fixing it. It'll be two more years of bumbling around undervalued (which I believe we currently are). IMHO, if this company had IDENTICAL operations over the last two years with IDENTICAL results, but with an individual who understood stock value at the helm, we'd be at .10 right now and I firmly believe that. Every ounce of good news I've seen come out from GRDO over the last two years has been occluded by either ambiguity, poor timing, or most often - delays. It seems to me that every time we get a little momentum, Watson throws his spatula in the spinning water. I think GRDO is excellent, but nothing will make me happier than the day we becoming voting members and can fire him.
Portal,
As is clearly apparent, yes she went and told the tech guys to put it up and didn't realize it wasn't up. Which brings up a point, a lot of people here complained about the video being late. All it took was a 30
second phone call and now it's up. I feel like there's a lot of wasted time spent here wondering and debating when a simple phone call clears it up.
Called IR and they answered... That was nice. She's checking on the conference call posting and calling me back in 5 - questions from anyone?
When will we get that audio recording of the CC?
If he can nail all items listed there, we'll be set
I hope next week brings some solid answers to the questions we've been bouncing off each other. I think we'll definitely see an increase in the PPS, the question is if we can convince those who bought at .01 and up that they need to hold. I personally think it'll take an excellent PR or two from Watson to pull that off. History would say that might be hard to get, but his last one was excellent imo so maybe he'll do it again. People NEED to know why the long term holders lost 70% of their investment for dilution and people NEED to see contracts and results from all of the PR's stating "good things are in the works." If he pulls that off and people don't get their britches in a bunch with weaker financials (most companies are red for years after startup - but GRDO investors seem to expect millions in the green - don't know why) I think we can see a really nice increase to .05 or better...
Don't think it's public though :(
I'm all about GRDO, but given what just happened, I don't think many people will see our ad...
Yeah, I thought that was just to give him a notice of what the phone conversation was going to be. Didn't know ya'll scrapped the phone convo and went to email
Nobo I may have missed it, but what came of your phone conversation?
Ha! I'd love it as much as you - but I'd also love to see that backlog of orders filled and pictures of the units.
Me too
It does, however, seem W has been shying away subtly from his original intentions of fully reporting by early next year. I remember this being a goal he stated during the first conference call and his language lately - particularly in this most recent press release - makes the up-list seem far more distant. If I were being contacted by investors and investment firms of reputable origin, I wouldn't be focusing un updating information on pinksheets. I'd be focusing on doing the job completely and decisively, and working directly to gain OTCBB compliance at a minimum. Appeasing what most here know is nothing more than a "pay for good information" website isn't a goal that aligns with what I have perceived to be the goals of Guard Dog. Updating pinksheets is going to drive more of the same from investors and may cause increased awareness, but IMHO, it isn't the investment interest we need.
Not trying to be abrasive, but I don't see how that matters. Every stock has a few ridiculously low and ridiculously high bidders.