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wow. so in 1997 the Levys got busted for fraud for a scam scholarship assistance business and fined 6 million dollars
and then in 2008 or so the Levys convinced GDGI to let them take them public, unless this is a different david and donna levy.
if only GDGI had you to do due diligence for them back when they were thinking about going public, huh Wise?
i mentioned for all i know that a civil action may be necessary to clear the debt. the information you cite here appears to be a civil action, not a criminal action
maybe where there is a criminal trial, debts are cleared and damages are established in the criminal trial and no civil action is required. if i am not mistaken, sometimes yes, sometimes no, but that is a hazy notion.
one thing for sure - even if they cant formally take it off the books without something else happening, next time they PR they can say we are working on it, but look, these guys are no way gonna be able to collect a fee for defrauding us
i think in this case, it will not be impractical to offer remedy, but i am not sure.
if remedy must be offered in proportion to shares held, maybe it is tricky to ascertain who was a shareholder? i don't think so though. make a public announcement and send your schedule D to make a claim? does not seem too difficult.
it seems to me that the shareholders at the time were the victims. management would personally get money in proportion to their shares and shareholders during the levy's fraud would get money. if it was done this way, if you bought after the pump and dump, you would not see any benefit (except maybe the CEO could stop moonlighting as CEO and quit his day job).
the company did not have shares issued held in reserve, so i am thinking the company would not get money.
i don't know anything about securities law, so this is all very speculative, just based on what seems fair and reasonable, and the law is not always either of those things.
maybe the company is the victim. but that would not seem fair to the shareholders during the fraud, who were clearly victims.
i don't know how it works but....
why should people who bought shares after the levy's were already indicted (and thus are clearly not victims) get money (in the form of increased value for the stock they hold in a company receiving forfeiture proceeds as damages) while people who sold before they were indicted do not get money? that would be the consequence of awarding money to the company instead of the shareholders during the period of the fraud, right?
i think someone pointed out here
before that the higher the share price is
when big news comes, the higher the resulting price will be
(although the percentage increase of the main run up might be smaller)
so an earlier 10q filing with any type of minor news or forward looking statements or even just we are still here and still working on it and now we filed - if that were to create a minor boost for the stock price, that would be good
but i think they wont do a 10q until they have money
because it costs money to prepare and file
maybe they will get some small sales before the big sale in CR, maybe royalties will start to flow from asia. i think if the CR govt is just concluding tests, maybe late this year for that one. another big sale pending? they havent said much about that if there is one.
i dont think forfeiture money will be awarded to GDGI at the sentencing. that seems like moving kind of fast.
the thing about the debt going away might or might not be clarified. i would hope the SEC would vacate that, but as far as i know, it is possible civil action would be required.
it seems like maybe the verdict was not enough to clear the debt, so i not entirely confident that sentencing would clear it, although common sense suggests it would
even liberals and conservatives can agree the federal government does not always operate on common sense
if i am not mistaken
shortly after saying that he sold most of his position
i always wonder when people are calling for near term success if they are selling
could be a press release
for the palm springs thing
i think they are probably getting impressive results, but i am not so optimistic they are connected to a big sale* because they have never mentioned something like that around there as far as i know, but maybe it is just something that for one reason or another they dont want to talk about
*just in case anyone thought i am saying someone else said the palm springs thing is a big sale, I AM NOT saying that anyone else said this. i am raising the possibility, considering it and giving my simple reason for doubting it - they have told us about big sales they have been working on in the past, but nothing in PS. doesnt mean it didnt happen. just why i think it is not likley. nobody else said this. i did not say anyone did.
maybe they will get a small sale and use the money to PR their impressive results, or maybe even surprise me with a big sale
but maybe if they do get just a small sale in palm springs, they will save that money and just fb and tweet the impressive results
that seems more likely to me than a PR
if they get some money in, they may have other priorites about how to spend it. they are stockholder friendly but share price is by no means the be all end all, or even a priority if they are not planning dilution, right?
the PR might help the stock price, but i dont think it would be the most effective way to spend money towards getting a sale
i wonder how that hollywood florida thing is going
re asia, i dunno, i think that could surprise us at any time. regardless of the royalty agreement partners lack of experience in the market, KT saw what it could do quite a while back, and they are going through electricity every day. if they decide they want it, even a green distributor can maybe close that deal.
so in that sense, i have to concede i am not that sure a PR is not coming, but i base that on things that i think could happen any time in the short to long term, as opposed to current signals portending something more specific.
could be a press release on Korea Telcom royalties i suppose
but i see no reasons to think soon
but also i concede, no reason to think not soon either
could be a some small sale finances a press release re the levys and general vague ongoing effort type of thing
but i think it is pretty certain there will not be a pr on a big deal with the CR government soon
what do you think about that? what do you think the PR will be about?
i hope you are right. i would not mind having more money sooner, but i think it is likely that we will all have to wait, and i hope everybody is ok with that
thanks for taking the time to explain what you are you thinking
i am sorry that i was imprecise in saying that you said something was going to happen as opposed to something was likely to happen
i did not mean to misrepresent your opinion by doing that, and it was not at all necessary to make my point - i dont think it is likely, but you do, and i disagree for such and such reasons.
you did a great job of explaining. i understand your thinking about this clearly now. thank you for that.
as i have said, i was generalizing about post on the board. not everything i say is about you, even if it is in a response to your post. if it doesnt say it is about you, and it says it about posts on the board in general, maybe it is. that is the case here:
"and so far, nobody who has implied that the stock
price was going to make a significant move up in the near term
has been correct "
all those statements are correct right?
Huh??? Show me where I said anything about the stock price in the near term or heck the future for that matter."
i never said that you did. never said that anyone did. i said nobody who did was correct. i think some people did say that at one time or another, or at least imply it, but perhaps i merely incorrectly inferred it. i did not attribute the position that the stock price would go up sometime in the past to any specific person.
"and so far, nobody who has implied that the stock
price was going to make a significant move up in the near term
has been correct "
is this statement above correct? why yes, yes it is.
i am glad you had fun at your party. me too. mine was on a whitewater river with a bunch of veteran paddlers, once down in a canoe, once in kayak. it was a beautiful day to be on the river.
i am inclined to think since he is telling us about it enthusiastically, he thinks they like the test results and will want to buy it
now, he could be wrong, but i think it suggests a sale is fairly likely to result eventually
how long it takes the cr government to make a purchase decision is another question
Steve mentioned KT royalties. they have better internet in korea than in the US and that takes a huge amount of cooling. i agree that if that deal eventually goes through, if GDGI negotiated well the royalties could be major.
here is why a PR is not coming soon
they fb and tweeted that they have been testing for 2 years and are making progress with gvt engineers in CR
they did not say they finished testing, they said we have been testing for 2 years, suggesting it is ongoing, so i infer that they have not even finished testing
even if that means they just completed testing, they still have to go through a govt purchase process IN COSTA RICA which is not a fast place for business in general
they also did a test in Palm Springs. so what? they did not say anything about who the client was, so i doubt that test leads to a big sale - it just shows it works with bad water quality, and, being arid and hot, they are probably going to report record numbers for savings
that is good, but it is no reason to make a PR, by which i mean a paid PR that will show up on trading platforms (ok? so that is a meaningful statement.)
some chance that a trickle of money somewhere could make a PR on the levy case and debt forgiveness - future or present
but nothing to indicate that is a particular possibility
to me it seems like the CR government deal is the big thing they have going now and that is what is going to allow them to afford a PR and that is what is going to be newsworthy enough to make a PR spend worthwhile
maybe there are some good reasons to believe otherwise, but so far, i dont think i have read any here
nobody who has said the stock price would go up soon has been correct
maybe nobody has straight up said the price would go up soon
i think some people have at least implied that they believed that developments they claimed were likely or probable to take place soon would move the stock price and i think that has happened many times since the beginning of the year
maybe i am wrong
maybe nobody ever said or thought that the stock price would go up soon for whatever reasons
if so, i am sorry for misinterpreting people
since people seem to be saying that by claiming people have implied or said the stock price would go up soon i am twisting people's words and attacking a straw man, i guess maybe nobody here has thought the stock price will go up soon
i thought someone very clearly said they thought that a pr would come soon
i think that is a laughable notion and indicated so by typing bahahaha
and that got me accused of twisting people's words
i am not clear on whether nobody ever though the stock price would go up soon and nobody thinks the stock price will go up soon now and nobody thinks a pr will come soon now, or whether people actually think what their posts clearly state
here's the thing: whether anyone subscribes to these notions or not is not very relevant, unless you are into taking messages on this board personally, which seems like a pointless waste of emotional energy to me.
since the beginning of the year, i have not believed something was going to happen soon. i still dont. (with that mr tx thing, i thought that was a maybe, not a likely)
if you did not think something was happening soon that would move the price a lot and dont think something is happening soon that will move the price a lot we are in agreement.
someone said a PR is coming soon
i asked "soon? or very soon?"
which is not twisting anyone's words
is it?
as i have explained several times
i said "very soon" referring to the CEO saying very soon
back in january.
i then went on to _generalize_
that since the beginning of the year
there have been a number of posts that
said that one good thing or another was likely
or probably going to happen soon or similar things
that is true, right?
and so far, nobody who has implied that the stock
price was going to make a significant move up in the near term
has been correct
all those statements are correct right?
show me the words that i twisted
show me where i misrepresented anyone's position
show me where i have said something false
i do not think that you can
the person who said a PR is coming soon
then defended the concept that information
(no longer specifying that it would be a PR)
was coming soon without defending the concept
that it would be in the form of a PR
perhaps that is something they still think
but they did not say why or provide
an alternative viewpoint to my reasons why
i think a pr is coming soon
i did not twist anyone's words
but someone did seem to back off their position
perhaps it was just an accident
i think if someone had something convincing to say
to rebut my positions, they would probably say it
in the absence of a convincing rebuttal
claiming that i have twisted someone's words
and making a personal attack in the form
of saying i habitually do that seems like
the best some people can do
i agree that we will get more info soon
i think somehow perhaps i was unclear
i think we will get more information on facebook and twitter
i think it will not be super exciting information, by which i mean more information like the information we just got
i think we will get super exciting information (by which i mean news of a big sale or roytalty revenue or levy forfeiture revenue or some smaller revenue and the formal erasure of the levy debt) in a PR that you can see on trading platforms that the company pays for
i do not think we will see a pr soon, although a small sale financing a PR about the levys could happen any time i would not mind if they held their breath and used the money to push sales
i thought you said we would see a pr soon, but maybe you did not mean a paid pr on trading platforms or maybe you did. i dont especially care if you think that or dont i suppose, i just want to be clear why i think that is not a well founded expectation, whether it is one that you hold or not.
but i did not mean to twist your words and i am pretty sure if ou read what i wrote carefully you can see that i did not twist your words. i put them beside the CEOs words for comparison and context. actually i should say "it" and "word", the word being "soon". but a reader could see it was attached to the phrase "see a pr" and know what i was talking about. then i generalized about past posts predicting near term events (to the extent that they implied they would move the stock price significantly not just a blip) were wrong and there has been a trend of short term optimism that has not corresponded to the actual outcome.
hmm. it was not so much the patents alone, as the notion that having the patents and a public traded corporation (now with lowered debt! 800k is not much for what they have. i think it is hard to go public for less than 500k. so just having a public company alone, offset against 800k debt, and they are worth only -300k.
seemingly the think works and does not cause corrosion - it has been tested and proven over and over by EPA and Harvey Mudd and commercial clients. and i believe i have read they can price it at a 2 year payback. and (this part is not so certain but) the royalty agreement in asia, the fact a mfctr would do a royalty deal instead of just reverse engineering suggests they have an international patent moat.
if you assume this company cant execute with current management, which is kind of a worst case, i would hope they would pass it on to someone else who could at some point.
when and if they get a single sale for a million dollars worth of units (like to a central government, or a chain that has a hundred large facilities) ( and if these are indeed $20k each or so as i have been thinking, not entirely sure of that since claimed installs and revenue dont match up) at that time, i would expect the market to react by assigning a high probability to this repeating
one single million dollar sale might reasonably generate the expectation of 10 more. maybe profits for such sales would be around 3 million. using a projection of forward earnings as a baseline and then using a P/E ratio of 10 which, given you are not multiplying actual earnings may not be overly low, would yield 30 million valuation.
the patent for anti scale chemical might have some other uses
it alone could be worth a lot
but i dont have much idea what patents are worth
i'd say some time in the next year this company could show the market it is worth $30 million or more than 10 cents a share
what the patents and the corporate structure are worth? when you net out the debt of 800k from the market value, you see the market is telling us the total value of their corporate structure (500K) and their other assets (good will client lists patents is 1 millionish, so their assets are worth around 500k. very back of the envelope sort of calculation there
well, i think maybe quite a bit more than a million dollars would be a more fair value. what are the patents worth? well what can you do with them?. i mean, dont they have way better than a one in 30 chance to succeed? i surely think so. i give em better than 50/50. if i had a super lot of confidence in that estimate and the valuation estimate, that would imply i should currently be willing to pay 5 cents a share.
before the dilution and whatever the levys did it was around 10 cents a share for quite a while after the IPO overpricing settled down. it was diluted in half. that should have just taken it to 5 cents, from the perspective that now the same share represented half as much, but since dilution went to pay bills due (for fraud as it turns out) you could say it shoudl have landed a little higher than 5 cents. tragically as we know commmunication was poor, levys were up to criminal shenanigans and it tanked
so 15 million market cap or around 5 cents is an unsurprising current value to arrive at
and in that sense it is quite possible that the company is undervalued massively
not because something is going to happen next month
but because however long it takes them to do their thing
they have a thing to do
or step aside and let someone else do
and when they do it
i will be big
yeah. i kinda like that too.
i had some dealings with a wall street person once
very unpredictable
sees a very different game than other people
hard to play with or for
that is crazy talk, we should have a more typical CEO, but i guess i am crazy some times, because i really feel a little more comfortable because of that. that and the levy's getting busted right in front of him and he no doubt under the scope of the SEC himself, that guy is not going to do anything out of line.
if they could recruit a CEO defecting from senior management at a huge HVAC or high level sales at a huge HVAC company that would be a big upgrade. or a COO. whatever.
once they get a big sale and can pay somebody, i would expect that move. someone who had already negotiated millions of dollars in HVAC sales would be a good addition to the team
i think it is definitely a good sign
that GDGI is tweeting and facebooking
they can put out a legal and proper trickle of information to let stockholders know they are alive for no cost
if i were suspicious, i would wonder about the negative possibility, are they trying to pump this stock to sell some for nefarious reasons, but i think there is no way that is what they are up to, having just watched someone who harmed them with a pump scam get busted by the SEC up close. and they have a real product that they have sold; it is clearly something more than a scam.
i dont think the specific things they are tweeting and fbing portend near term developments, but i think they do show the company is still trying to make something happen. sooner, or more likely later,i think they will succeed as long as they persist, and this shows they are persisting.
for those investors who think it might be better for the interests of investors to be publicly optimistic about short term gains and stifle any pessimism for the short term, remember my theory that over optimism about the short term could lead to selling? and do you remember someone who has been very optimistic about the short term since january talking here about selling 11 million shares if something did not happen in the short term? if i recall, he gave it a brief extension, and then found enough encouragement in the event of the MR TX revelation, a competitor bought stock in GDGI, to stay in.
do you realize that was a close call? 11 million shares is more than 7% of the float. anyone or any group of people could get fed up with hearing this month or next month probably! or words to that effect for months and sell.
so perhaps you can see value to having both sides represented - to have someone here who says maybe it would be over-dignifying all this short term stuff to call it guessing, and if it doesnt happen in the short term, you should not sell your stock because that was never why you were in it in the first place.
yeah look, relax, just read what i actually wrote
i did not ever say or imply that you said "very soon"
i clearly attributed that to the CEO back in january.
i don't know what you mean by soon, but i am not twisting your words when i ask "very soon", as i explicitly said, i am comparing your words to those of the CEO to illuminate a history of near term optimism that has proven unfounded. i don't think that is twisting your words. it is showing them in context of history here.
i did not say any specific person or any specific prediction had been shown wrong - i said ALL predictions in the past about near term good results - i should have said to be precise except those that were vague enough to be true even without more than a fleeting move in price and return to prior levels - have been wrong. if you made a prediction this year that there would be some event that would move the stock up a lot, you were wrong. if you said i think those propositions are dubious, your skepticism would be validated.
i believe you when you say that is your belief
i did not say or imply your belief was other than it is
i disagree with your belief for the reasons i gave
i thought someone said
we that they thought we would have a pr soon
and i responded 'very soon' ? quoting the CEO email from january
then i generalized and said something to the effect that there have been posts on this board for a long time that anticipate a positive development soon or very soon.
i did not mean to misconstrue anything any poster said. i meant to generalize, and say, accurately i believe, that the overall sentiment on this board has been that something will happen this month or next month for months. i speculate that speculation about near term results could reasonably taken with a grain of salt. that is what i am doing.
i am confident that you are correct
in guessing that either we will get serious news by the end of august (very remotely possible) OR we will be advised to wait longer, which i think is much more likely. and not just advised to wait a little longer by board posters. it is a positive development for sure that the company is communicating, and doing it for free and doing it properly and legally, and their publicly stated optimism increases my confidence that sometime in the future, possibly before the end of the year, we will finally see some big results.
i think maybe i will stop encouraging people to look at the history and the present and draw reasonable conclusions now though
readers:
do you think it is very likely a big development will happen in the next six weeks? will you feel disappointed or even betrayed if that does not happen? maybe you should sell your shares if nothing happens by october. if i recall correctly, one very enthusiastic GDGI supporter was considering selling about 5% of the float if there was no news by July, but he has changed his mind. for now.
very soon! in january!
or so the CEO said. this new enthusiasm from the CEO is wisely more tempered. it seems he has new reasons to be optimistic, but he is no longer foolish enough to speculate about the timing of such things as purchase decisions by central american governments.
not everyone is so wise
an observant person might notice that this company said very soon over six months ago and is now refraining from making such predictions and join the company in their understanding that timing is sufficiently difficult to predict that such predictions are pointless and misleading
i expect to continue to be right in thinking nothing is going to happen real soon, bucking the trend of conventional "wisdom" here, and then eventual be right again when something awesome happens quite a bit later (longer than three months)
i am thinking "stay tuned for more info" does not portend a press release. you would not have to stay tuned to FB or twitter for that and it would cost money and i believe maybe finally other people besides me have deduced that they probably don't have some of that right now. i expect to see a trickle of moderately encouraging low-substance information. almost done with a two year test is not real decisive. they were not done. they were almost done. it was a test, not a sale. they have had a bunch of tests. whee.
can i get an "hear hear"? (that is an expression meaning "i agree." "here here" is an expression meaning "throw me the ball I am open" or "i am marginally literate and want to express agreement")
if you don't have this stock, you might want to consider buying it with a plan to hold it for less than a year before you see it shooting upward 10 fold or more. something could happen any day now to drive the price up, including not much happening but mild statements from the company combined with renewed enthusiasm for current stock holders drive the price up on low volume and no shares available any cheaper. not so likely to have a big development right i would think, since their biggest thing they have going seems to be CR and Panama and they are just completing testing and trying to sell to government, so prepare to watch paint dry. yes we could double any day, or we could traded sideways and even lose a little on low volume if unreasonable hopes of near term action are not met. but there is very little if any downside from here and 10 bagger worth of upside - patents, low debt (2.2 million going off the books for the levy conviction, huge potential market, billions of savings in electrical energy world wide with a 2 year payback could mean very big revenue from the only publicly traded commercial pre cooler)
if you see something on this board that sounds like overly optimistic hype of near term results and notice you can find similar enthusiasm that has gone unrewarded for months, don't be discouraged. that is a penny stock message board, not the company. the company is way better than most pennies. they have years of real sales and a real product. i think once they get a couple big sales, they will blow up.
GDGI = good day to get in
soon? or "very soon"?
bahahaha
i agree
i dont think they should have emailed a "very soon" in january either so they dont always do what i think they should i guess
i dont think it necessarily follows
that if the government of costa rica wants the work started sooner they will have a contract in place sooner
the US government often wants a federal budget sooner rather than later, but there is a gap between wanting and having
the notion that a central american government will go from almost done with testing (that began 2 years ago?) to purchase order in less than two months does not seem very plausible to me
of course the commercial tests will go well
they always do
high heat is not going to hurt the results
and neither is high humidity -
the exchangers burn all the humidity out of the air regardless
so it is always dry enough near the unit
that misting makes a big difference
re new commercial tests increase PPS
not by much i think
everything else there woudl though
several good things taht could happen
probably none of them real soon
but sooner or later
by december i think we will
hear something more encouraging that what we just heard
between now and then
we might hear some more "equally encouraging" stuff
that, because it is not more encouraging
may be increasingly regarded with impatience and suspiscion
any time after 3 months i suppose we could hear news about the government
if the good news is that they just (almost?) finished two year tests to sell to a government south of the border, the next good news is not going to be coming in the next two months, unless governments and places south of the border are much faster than i think they are
the residential direct sales could be something
but i dont think that is going to be big money
still, saying they have $10k a month coming in from that
or something would be an improvement, and that we could see in less than 2 months
i kinda doubt it is gonna be that big as 10k a month residential. CNS wins its own search, so they may sell more than amazon, but you have to be looking for CNS. if you look for a mist precooler, there are lots of other results up there that you might buy from instead.
Panama? that is new isn't it?
maybe I just forgot
keep in mind
it is always hot in CR and Panama
also, time is slightly different
NEXT MONTH !!!! is this next month every month there
maybe it is because the seasons are relatively subtle
so the conclusion of these two year tests
while i am very optimistic about an eventual purchase
might be a purchase different next month
than you think
and than the company thinks
and than the buyer thinks
the buyer will be ok with that
learn to think like that
and you will be living
the Pura Vida way
if they are just concluding tests, and it is government
well, that is CR x GOVT =
s
l
o
w
but that doesnt mean the stock wont go up on renewed board member confidence and momentum alone nor does it mean that wont overshoot and drop back
if you are not in yet, could be a GDGI, good day to get in
and buy and hold prepared for a possible run up and a possible dip
you might see lower prices on this stock, but i dont think that is especially likely now and the upside potential is enormous
and you dont even have to discuss warranty
and Magnusson Moss act
if you simply remove the CNS unit
before applying for warranty support
the CNS does not cause scale
they have an RO filter, some other media filter, and an additive that renders Ca and other minerals funny shaped so they won't stack and build scale; at most, a powder you can brush off
plus a treatment that goes on the fins directly if you wanna be double sure
there are CNS units running in NV that have been going for years
and they have high TDS water around there too
far from breaking it, the CNS extends the life of your unit by reducing compressor loads and cycle durations
that is good, but i am pretty sure they also target based on search history
obviously i need to do more DD, because i am just getting ads for the book "Penis Reduction Surgery and You: Making an Informed Decision"
if you own an ac, and you dont want warranty support, you can leave your CNS attached to the AC when you call for repairs
if you would prefer to have warranty support, you can take the CNS unit off before you call for repairs
so it is kind of up the owner
it is not like the person who assesses the warranty claim would have any way to know you attached a CNS to it unless you told them
and as steve points out, there is a law that says you can't void a warranty without some kind of legitimate cause, and CNS is going to make your unit last longer without repairs
you can easily avoid the whole argument by not bringing it up, but you can do so knowing that the notion that this is somehow cheating is debatable
sweet action
for realz, a little money coming straight to them
and ben could quit his day job
..or.. like steve..
thinks a roof over his head and food to eat is a priority
some people are funny that way
if he wants to live indoors, GDGI might not be paying him enough to do that
right on
still it is possible they continue to not be paid
and need money to execute
whether it is just a little for personnel and per diem
and transport to the test site or more for a batch
of product (although i would hope they could get a bridge loan, having to screw around with one when they are finally able to close if they only had the product would be frustrating and i could see where they would just want to charge forward)
either way, the company could want to spend money, and if it were to raise 40k or so through dilution and announce this
i think that as steve says
that could be a good choice for the company and the stockholders, and if so recognized, would maybe not deflate the price at all or limit the % deflation to the % dilution and leave us with a large upsid
(around 5% would be $40k right? and 5% move in stock price is what? its so thin and so painted. .002 change is not even a thing-below the margin of error for the observation.)
as opposed to the unannounced 50% dilution that took the stock down 90% or more and seemingly was part of the levy's operation for which they have been convicted. we don't want some more of that, and we won't be seeing it. ever from this company.
i'd like to think if they needed money to make a sale
they would just dilutes
regardless of anything non this board
but set aside a small portion of the proceeds
to announce their plan
so people would not get nervous
also re steve and the board not having influence
in a big company, if you own 5% of the shares
you have 5% of the votes in the annual meeting
and i would imagine some of those people
are influential at times
now all the big shareholders in GDGI
are not going to win any votes against management
with their 40% share
but the fact that big shareholders could sell
or not sell depending on what the company is doing and saying
might be something they care about
with the price this low
once it is smooth sailing and they are making money adn doint need to dilute, i woudl think that would be less of a concern
but i certainly hope they care whether dilution would freak out shareholders!
10 mill to raise funds? i have been saying all along dilution is not a bad thing if it is responsible and well communicated
i think that is a fine idea
now you may be right that we have less influence that steve thinks
but part of the reason not to dilute is to not freak out stockholders and lower the price, and lacking an annual meeting, GDGI might be well served to notice investor sentiment in this regard. if everyone says dilution is ok, i think that could make a difference to the company as far as their comfort with doing it. the cost of rapidly falling share price would seem a remote possibility - just maybe shares would go down in % comparable to dilution, if that, since the company would now have cash to do stuff to offest your shares representing 5% less of the company
buy this stock and be prepared to hold it for a while, possibly through a dip
it is a proven technology
with an EPA endorsement and successful tests in real world applications and several installs running ongoing and paid for, inclding so far north as illinois where the fire department says they love it and it works great, even though they have a short cooling season
they have patents
they have only 800k in debt, given the other 2.2million that they may technically owe is owed to the Levys who were convicted of defraduing GDGI and its stockholders so they are not going to be paying that and they may even get some of the proceeds of the foreiture of hte levys profits from their crimes
wow! the company may have changed CEOs without telling anyone.
what fantastic news. surely that means a buyout is happening, especially when you consider
they filed on time and then filed late!
wow!
they did not dilute!
wow!
they have not said anything for a while!
wow!
i was skeptical but now with this great news
about we are not sure who the CEO is
i totally agree with anyone who thinks
a buyout is very likely, at least compared to the CEO turning out to be a bigfoot.
except i doubt the CEO changed, based on what steve already said about his conversation with Ben
and it is still possible that the reason they have not filed and not said anything is that they have nothing to say and they dont have any money
the recent email from the CEO that says they are gaining momentum and working very hard to close deals
that does not seem to me to indicate that they already closed deals and have money to file financials
it suggest the opposite:
they have not yet closed a big sale and they still have approximately no money ($350 on dec 31, 2012) and so the reason they have not said anything or filed a financial report that is overdue is that they can afford neither a press release nor a filing plus they have nothing to say
i guess not everybody can see this
but i guess i just have a unusual knack for the glaringly obvious
geez louise
doesnt mean the company is not great
just means maybe if someone tells you that a company whose last known CEO has a linked in profile that shows his other job and shows he has left the company is a likely buyout target, and one of the reasosns the buyout is supposdly very likely is people are not sure who the CEO is, you might want to take that with a grain of salt and plan to have your patience tested while waiting for a conservative industry in slow moving countries to catch on to a great thing
for one thing, you can change CEOs without a buyout
i bet i get some cheap shares on aug 14th if it turns out, as it quite possibly will that they have not yet made a big sale, and as it almost certainly will that they have not been bought out
i put the odds of a buyout by august 14th at 1 in 100 or less
at any rate, not very likely and not just my opinion
it is something any reasonable unbiased opinion could deduce
and remember, for those of you who have been/will be disappointed stuff did not happen faster, apart from that time in jan when they thought something was happening very soon
this company has not tried to hype you or pump itself in any way
consistent with the committment that they made last year
to be hype free
dont be mad at GDGI if it turns out that people on this board have been overly optimistic
or do. i will prepare to accept your shares at a nice low price when the expectations (aka planned disappointments) created on this board are not met.
MMs can put whatever amount they want and set an order to reissue almost instantly when the first order is filled
conversely, if i understand correctly, MMs can put up a big order and halt it before it fully executes
because, freakishly, they are on the bid!
wisebuys sa ys they are almost never seen on the bid
they are almost always tasked to sell the company's own shares
according to wise if i understand correctly
you can't dilute by buying
relevant, apparently according to wb, because they are institutional only - no retail customers buy through them
so this is an MM that almost never buys that is buying for itself or an institutional client, so it is a big deal cause it is bigger money behind the buy
if i get what wb is saying
make sense?
the ruling says the levys must forfeit all proceeds
i am not sure if that is just gains from stock sales
or whether it includes fees for the "service" of stock fraud
either way FOR SURE GDGI will never have to pay those guilty bastids the 2.2 million that they "owe" to ez enlish
( a mere .8 million remains. pretty good for having all those patents locked down and the product well developed )
so yeah buddy. get back in
if you look at my post history here
i think it is pretty clear i am not trying
to blow smoke up anybodys butt
i call's em like i see's em
and its not ALL good
but its pretty damn good at .004 cents!
screaming bargain!
the levys are going to jail
so i am pretty certain they will succeed in collecting money for defrauding gdgi and its stockholders
i kind of doubt they will get significant damages out of them though - cant squeeze blood from a stone and i would guess what they did not spend on their lavish lifestyle described elsewhere is either super well hidden or seized under forfeiture
BUT proceeds of forfeiture can be doled out by DOJ or SEC to compensate vicitms
would this be GDGI's stockholders or the company itself or both?
dont know
anybody!
very nicely done sir!
interesting. thanks for the insight!
no CEO? must be a buyout!!!
well that cinches it. why would Ben put on his linkedin profile that he was no longer the CEO of GDGI if there was not a buyout?
but seriously
i wonder if there is a new CEO or if Ben just doesnt want his new employer to be upset about his moonlighting as CEO of a publicly traded company
i am guessing the latter
shaking my head