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Might be good to check the 3 year chart. Stock is broken.
Chart is a disaster.
Company is on a fast track to 1 Billion shares and an R/S.
Toxic financing is not great for shareholders. Fortunes evaporating.
GLTA & JMO
NOPE.
Maybe thats why they were both dumped by ICLD when they decided to trim the fat.
Lower lows and lower highs amid hype tactics and rampant selling.
Not a great investment.
GLTA & JMO
RNG Bill Moves Forward in California
Posted by Betsy Lillian -
April 17, 2018
Today, the California Senate Committee on Energy, Utilities and Communications advanced a pro-renewable natural gas (RNG) bill sponsored by the Coalition for Renewable Natural Gas (RNG Coalition).
S.B.1440, introduced by State Sen. Ben Hueso, would create additional market certainty for projects that use the state’s food waste, agricultural waste, landfill gas and wastewater resources to create RNG. The bill would do so by establishing an RNG procurement program for California’s natural gas utilities, the coalition explains.
“Over the past couple of years, we have passed groundbreaking legislation to address climate change and reduce the emissions of dangerous greenhouse gases and short-lived climate pollutants,” says Hueso. “Today, we further advanced the state’s methane emissions’ reduction goal while displacing fossil fuels in the pipeline.”
According to the analysis for today’s hearing, the committee received at least 42 letters of support for moving the bill forward from a wide range of proponents – from clean fuel companies to renewable energy organizations.
“S.B.1440 will allow the development and financing of a significant number of biomethane projects needed by California to both dispose of and convert organic waste streams that are now required by law to be diverted from sanitary landfills,” says Evan Williams, president of California-based Cambrian Energy.
The bill would require the California Public Utilities Commission to set goals for California’s gas corporations – including Pacific Gas and Electric, Southern California Gas Co., and Southwest Gas – to procure 32 billion cubic feet of pipeline-quality biomethane by 2030 through long-term off-take agreements.
“This is an important next step towards realizing increased development, deployment and utilization of RNG in California,” comments Johannes Escudero, CEO of the RNG Coalition. “This bill will create market certainty that industry companies need in order to access the investment capital required to build RNG production facilities in and for California.”
The provisions of the bill seek to smooth the path of implementation for the California Air Resources Board’s requirement under S.B.32 to ensure that statewide greenhouse-gas (GHG) emissions are reduced to at least 40% below the statewide GHG limit by 2030.
“The Climate Trust launched a new carbon fund currently investing in the construction of livestock digesters, financing projects based on their ability to generate and sell carbon credits,” says Peter Weisberg, senior portfolio manager for The Climate Trust.
“S.B.1440 would build on the California Energy Commission’s recommendation to create commercial markets for renewable gas, spurring significant development of in-state potential and increased utilization of renewable natural gas.”
Latest filing was a disaster.
No volume.
/nuff said.
GLTA & JMO
5% of the recently added float maybe.
The numbers keep moving.. IN THE WRONG DIRECTION.
I cant even make this stuff up.
GLTA & JMO
Ooops.
Another stalled blunder today.
The more things change the more they stay the same.
Watch for the wash trade come in as a Form-T after hours.
Market is not giving this one the benefit of the doubt anymore and for good reason. No matter how much wordsmithing insiders want to promote.
GLTA & JMO
Cant wait for the next Q. That should be about 11 in a row disasters followed by a sell-off.
Reality hits one hard. Real audited numbers dont lie.
SGSI community marketing team should be fired.
GLTA & JMO
Righhhhhht. *wink wink*
And yet the insiders cant keep the dilution at bay.
GLTA & JMO
You may need to look at the 3 year chart again.
LMAO.
I cant even make this stuff up.
GLTA & JMO
Funny. Seems like its being painted after every dump.
Sound familiar.
SGSI cant get out of its own way. Too much overhang and insiders need to pay that $100K/month loan payment.
LOL
I cant even make this stuff up.
GLTA & JMO
Guess again.
They have to remain current to pull their RS and have an MM dilute for them
C’mon Man!
GLTA & JMO
Makes no sense.
Read it again. The Treasury is just the back-pocket of the company; and these shares are available to be sold/diluted now which they will obviously do to pay for their expenses.
They can now retain control of the company even after being fully diluted.
NOT A GOOD THING.
I mean really.
This isnt rocket surgery.
GLTA & JMO
Those shares were likely the ones locked and never part of the float to begin with.
Now they can use those shares to dilute.
If they really cared they would have reduced the AS.
Gotta read between the lines.
GLTA & JMO
Preferred’s are never dilutive to common stock. They are PREFERRED shares.
Why even state that? Ridiculous.
LOL
Just more misdirection for those who don’t know better.
GLTA & JMO
Guess where those shares were hiding.
I’ll give you a hint; it wasnt in the float.
Ask the DTC.
AS remains at 750 Million.
GLTA & JMO
Looks like those shares that were locked are now available to be diluted.
Thats the devil in the details.
GLTA & JMO
Profit?
LOL
No way to pay those exuberant salaries aside from dilution.
And thats why the AS / OS is approaching 1 Billion.
Watch for the R/S. Its coming.
GLTA & JMO
Cant get any interest.. so you manufacture some?
Wash trading 101: https://ih.advfn.com/stock-market/USOTC/spectrum-global-solutions-inc-SGSI/trades
Just a matter of time until this activity gets flagged.
Management and the community marketing team are being disingenuous and working over shareholders.
What a shame.
Shareholders should be livid.
I cant even make this stuff up.
GLTA & JMO
Up 10%.
LOL. WOW. So its up .0005 from .005
And yet down 99% over the last 3 years and closer to tanking than its ever been.
Time to celebrate. Lower highs and lower lows. But lets blame the MM.
I mean really..
I cant even make this stuff up.
GLTA & JMO
Lets circle back on this myth when Friday comes around.
LOL
Blaming MM's is like blaming the cops when someone reports you.
GLTA & JMO
Ya. That will change everything. *wink wink*
LOL.
I cant even make this stuff up.
GLTA & JMO
Someone is wash trading this one into the cellar.
Market isnt falling for it.
The only thing falling is the PPS and shareholders should be livid.
This ruse is on its last legs.
Believe it.
GLTA & JMO
Insiders are a bunch of hacks.
Community marketing team should be fired. Shareholders deserve better than to be milked like this.
Filings were also a disaster.
GLTA & JMO
Shhhhhh.
Dont let the facts get in the way of a good hype and swipe.
LOL
Shareholders should be livid.
GLTA & JMO
Thanks for proving my point.
GLTA & JMO
Didnt work for ICLD, wont work for SGSI.
Its just all part of the share selling game.
Think about it.
GLTA & JMO
And all that has plummeted the PPS.
Clinging to .005x
No money = debt = dilution
This wont end well for shareholders.
Insiders playing a shell game.
GLTA & JMO
LOL.
With what money? Is ICLD dumping more dead-weight?
Talk is cheap. Insiders are not shareholder friendly.
SGSI is clinging to .005x
And lower lows coming.
GLTA & JMO
Chart is upside down.
LOL.
Lower lows and lower highs.
Soon the trips will haunt the BID.
GLTA & JMO
SGSI cant seem to get off the mat.
The moving averages continue to nose dive and the hype tactics are doing little to move the needle anymore.
Shareholders have become wise to the ways of this company.
Hard to keep the company afloat without dilution.
Its all in the filings.
GLTA & JMO
No its not.
Its because the order was filled using 2 blocks.
You will only see one consolidated order at the average cost if you placed an order at a specific price.
Standard operating procedure.
GLTA & JMO
Another bottom-feeder hype tactic.
Desperation to dilute is thick.
Stock cant get out of its own way and the chart is broken.
Company is broke with almost NIL cash.
They need all the BID support they can find.
GLTA & JMO
Yikes. The selling is pounding the BID. Just a matter of time until it falls.
Balance of Trades today: https://ih.advfn.com/stock-market/USOTC/spectrum-global-solutions-inc-SGSI/trades
Then someone will be holding a lot of paper, and wonder where their money went.
GLTA & JMO
Balance of Trades today. Sells beat Buys again.
Another Form-T trade.
https://ih.advfn.com/stock-market/USOTC/spectrum-global-solutions-inc-SGSI/trades
Shareholders getting worked.. Everyone can thank Larry.
The nightmare continues..
NO PROFITS. MORE DEBT. Lower PPS.
Its all in the filings.
GLTA & JMO
Apparently FACTS dont matter when you have a company that looks at shareholders like piggybanks.
Company has basically no cash in hand, and more losses with their acquisitions than without.
Accounts Receivable were less. Share table ballooned. Cant even turn a profit yet they pay their insiders handsomely while shareholders get worked over.
Trip zeros is coming.
GLTA & JMO
Its just a hot potato shell that insiders leverage to create an illusion for their own benefits.
ICLD didnt want ‘em and here we are.
No Cash. No leadership. No shareholder value. Just a disaster for anyone buying week to week.
.005x and trending in the wrong direction for far too long.
Shareholders should be livid. Larry really fracked everyone good.
GLTA & JMO
Lower lows and lower highs.
Another disaster of a filing.
How much more can shareholders take before they start to really see what this company is doing to steal from them.
.004x today.
Rampant selling. More to come too.
GLTA & JMO
Nothing. Because they have NO cash.
Thats why they took out a toxic loan for $3Million
And with a net loss there is no way for the company to pay it back from operations.
I mean really.
They will dilute this to high heaven before an RS.
Believe it.
GLTA & JMO
Comparing apples to donuts.
LOL
SGSI is completely over-valued and seems to get deeper in debt and ballooning the OS with ever Q and "acquisition".
I mean really.
100K / Month in payments on a $3M loan, on top of an already disastrous Q.
Almost NO cash on hand and the AR is headed in the wrong direction.
Read the filings.
GLTA & JMO