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GWIV 1.60x1.65. <13k volume today. new partnership.
Shiny DD
http://globalwiseinvestments.com/assets/factsheet/index.html#/1/zoomed
GWIV ask tapping after new PR
http://ih.advfn.com/p.php?pid=nmona&article=51498915&symbol=GWIV
The channel sales model seems to be working for them as well. 12 new clients with one of their first channel partners.
Yes, I've been reading the Ultimate DD post above. What makes this company different than others that offer cloud services? They've got an impressive leadership team, but what makes the product unique?
Greetings. Heard a alot of buzz about this one and thought I'd check it out.
Is it Germany? I thought it was China that followed the US in E-waste.
No matter. The difference between German and Chinese E-waste recycling methods (and the environmental/physical consequences) is a firm reminder of the need for GARB facilities in the US.
I see GARB as a trading vehicle
(though it's been a bumpy road this past week)
More than that, the need for their service/facilities is documented.
This isn't snake oil,
it works.
How many states have already passed bans on E-waste disposal? 17 (or is it 18?)
Huge market.
E-waste levels projected to increase unabated.
Yes, normal trading dynamics.
My point, is that while there is an unfavorable amount of selling (the KO punch?), there's still buying going on (and he's back up again).
Back up to 3's, this one just keeps getting up.
Exactly. With the E-waste market the way that it is, even one plant would swamp the competition.
I don't know of a link (I was on the call, so I didn't think to find a recorded copy), but I know that kimokahu wrote a play-by-play during the CC. Scroll back a bit and you'll find it.
Are you saying you listened to the CC?
I'd be interested to see some actual facts behind poindexter1's post. Investors on this board have already done DD on GARB when it comes to government involvement. It's been said once before, and it bears repeating, the EPA is not involved in matters of business start-ups. It's like calling the FDA to check the legitimacy of your neighborhood gym.
Junky, maybe you could send a message to him, so that we can do some fact checking?
The CC was a mixed bag IMHO. The DTC chill was first on the docket (Oddity, I have some pie for you).
There was a Q&A session. It's a shame some of the "dissenters" on this board didn't even listen to the CC. Even Junkies have good questions..
Yes, it will be interesting to see how investors react. The E-waste market for GARB is wide open, their position is desirable, and the services/product timely.
Will GARB deliver? I don't know, but that's the risk/benefit of PK.
What's not to believe? All of the statistics are in the public domain. Why don't you call your friends at the EPA and verify it?
Not saying there's a correlation, but this seemed to be an off day for a lot of companies.
I blame Greece.
Shucks, no .0002s for me. Held firm at the ask..
We don't know for certain if there was a question on the auditor's timeliness. You know what they say about hindsight..
"Ro-ssi, you have some esssplainin' to do!"
Yeah, this should be an interesting CC.
1) Your response to my reasonable assertion that a PR a valid source of information:
Re: lachaimbuyem
post# 15405
Post # of 15507
Your providing a GARB PR as basis for your proof. Id say thats a bit of heresay and dabbles in the realm of self-serving.
2) Your most recent reply to the validity of where information comes from:
"DD is DD. Whether it be a message board, talking to the EPA, dissecting a chart or searching through google."
so, a PR isn't valid, but, anything from teh interweb is good DD?
keep up the good work.
Again I say, get em' while they're hot! (name deleted)
LOL. "The GARB Oil & Power Corp Board, where we do the DD for the investors AND the bashers"
GARB shareholder open conference call to be held on Friday, March 2nd at 4:15pm EST to Discuss Ohio E-waste Recycling Plant.
Please call in at:
218-339-3600
Conference code: 767741#
The agenda for the meeting will be as follows:
Current status of the Ohio E-waste recycling project
Projected time-line of plant construction
Projected annual revenues anticipated
Funding and partnerships. Status on the $20 million line of credit available to GARB.
Additionally, CEO John Rossi will address the following initiatives pertinent to GARB shareholders:
Reduction of authorized shares from 50,000,000,000 to 6,000,000,000 common shares
The elimination of the Class C preferred stock
The elimination of Class B preferred stock and the conversion of said shares into Garb common stock at the current assigned value of conversion
To reduce Class A preferred stock voting and conversion powers
Dilution
To discuss filing results and or issues
Are you saying you contacted them?
Careful Kimo, that's the kind of truth that's likely to be deleted on this board.
Are you saying you called the EPA?
Oddity, you and I both know that the financials are in the hands of the independent auditors; so the question "do they need financials" has already been answered.
I presume that since GARB has already been in talks and negotiations, that the only one's really squawking for financials are on this board..
Many things can send this stock into the pennies.
-Financing and partnerships have been secured.
-Business model is already functioning.
-Technology is proven, as is the need for E-waste recycling.
Having financials back from the auditors would certainly help;
this would bring them out of OTC Limited.
Groundbreaking on the proposed plants would give it a healthy kick as well IMHO.
DD on the DTCC and aggregation, longs decide for yourself. Don't let the mosquitoes bother you.
How the Service Works
As [trade-for-trade] transactions flow from the exchanges and trading venues into NSCC's trade capture system each day, buy and sell orders between broker counterparties in a given security that are designated by the clearing corporation to settle trade-for-trade are aggregated into a single receive and a single deliver order. However, as is currently the case with trade-for-trade transactions, the aggregated obligations are not netted against each other and are not guaranteed by NSCC.
Here's an example of how the service works: if Broker A had fifteen buys against Broker B in Security X, these items would be aggregated into one receive obligation for A and one deliver obligation for B for the total amount of shares for the 15 transactions in Security X. If Broker A also had 20 sells with Broker B on that same day for the same security, those items would also be aggregated into one deliver obligation for A and one receive obligation for B. In this example, A and B would each have two settlement obligations with the other for Security X rather than the 35 obligations they would each have without aggregation.
"Trade-for-trade aggregation further extends DTCC's ability to leverage its core capabilities to develop solutions that automate securities processing and help reduce costs for financial firms while protecting the safety and soundness of the financial markets," said Cosgrove.
About DTC
DTCC, through its subsidiaries, provides clearance, settlement and information services for equities, corporate and municipal bonds, government and mortgage-backed securities, money market instruments and over-the-counter derivatives. In addition, DTCC is a leading processor of mutual funds and insurance transactions, linking funds and carriers with their distribution networks. DTCC's depository provides custody and asset servicing for more than 3.6 million securities issues from the United States and 121 other countries and territories, valued at US$33.9 trillion. In 2009, DTCC settled nearly US$1.48 quadrillion in securities transactions. DTCC has operating facilities and data centers in multiple locations in the United States and overseas.
http://www.dtcc.com/news/newsletters/dtcc/2010/jun/nscc_begins_aggregating.php
Last I remember, a PR was a valid means of conveying information quickly and succinctly to the shareholders. Can you show me proof to the contrary?
GARB and their business partner have already qualified for EB-5,
but you knew that already junky.
http://www.prnewswire.com/news-releases/garb-oil--power-corp-and-acg-consulting-llc-have-formed-xanthus-llc-to-manage-the-building-of-7-e-waste-plants-in-the-us-over-the-next-3-years-126576708.html
Anyone else tuning into the CEO?
I think i've heard 16 commercials in a row. o_O
http://bigbizshow.com/media/
Wow. Most of the e-waste recycling centers in the US are just mid-points in the journey over seas. USA needs to clean up after itself. GO GARB
http://www.garbconnect.com/2012/02/29/toxic-e-waste-demands-response-garb-has-the-answer-ceo-blog/
Quite a bit on the agenda for friday's CC. With the release of the financials this week, it could honestly go anywhere.
Let the readers decide the ramifications of the DTC chill.
Feel free to keep bringing it up though, LOL.
DD on the DTC Chill and aggregation, more bark than bite?
(thanks BerdBoy. Now with a link to info)
How the Service Works
As [trade-for-trade] transactions flow from the exchanges and trading venues into NSCC's trade capture system each day, buy and sell orders between broker counterparties in a given security that are designated by the clearing corporation to settle trade-for-trade are aggregated into a single receive and a single deliver order. However, as is currently the case with trade-for-trade transactions, the aggregated obligations are not netted against each other and are not guaranteed by NSCC.
Here's an example of how the service works: if Broker A had fifteen buys against Broker B in Security X, these items would be aggregated into one receive obligation for A and one deliver obligation for B for the total amount of shares for the 15 transactions in Security X. If Broker A also had 20 sells with Broker B on that same day for the same security, those items would also be aggregated into one deliver obligation for A and one receive obligation for B. In this example, A and B would each have two settlement obligations with the other for Security X rather than the 35 obligations they would each have without aggregation.
"Trade-for-trade aggregation further extends DTCC's ability to leverage its core capabilities to develop solutions that automate securities processing and help reduce costs for financial firms while protecting the safety and soundness of the financial markets," said Cosgrove.
About DTC
DTCC, through its subsidiaries, provides clearance, settlement and information services for equities, corporate and municipal bonds, government and mortgage-backed securities, money market instruments and over-the-counter derivatives. In addition, DTCC is a leading processor of mutual funds and insurance transactions, linking funds and carriers with their distribution networks. DTCC's depository provides custody and asset servicing for more than 3.6 million securities issues from the United States and 121 other countries and territories, valued at US$33.9 trillion. In 2009, DTCC settled nearly US$1.48 quadrillion in securities transactions. DTCC has operating facilities and data centers in multiple locations in the United States and overseas.
Trade-for-trade status is, therefore, a non-issue unless some backwards brokerage house fails to use the above clearance service.
http://www.dtcc.com/news/newsletters/dtcc/2010/jun/nscc_begins_aggregating.php
It's nice to see the technology in action.
Thanks for the video link.
It's also on their website
http://www.garbop.com/index.html
A glimpse of GARB's importance to the tech industry:
"Manufacturers, retailers, and small businesses are increasingly required to verify proper recycling of electronics made, used and sold.
In some cases, regulatory agencies are requiring consumer electronics manufacturers to verify a recycling quota of up to 60% by weight of consumer electronics produced.
Landfills in ever growing numbers will not receive unprocessed e-scrap.
Regulations regarding electronic devices extend to computer monitors, laptops, mobile phones, televisions and many other common electronic goods.
Toxic substances found in consumer e-scrap such as lead, mercury, cadmium and hexavalent chromium are devastating to ecosystems if dumped in a landfill.
Garb’s unique Closed Cycle Principle ™ disposes of these toxic substances in full regulatory compliance.
Recyclable commodities such as plastic,steel, glass, precious and semi-precious metals can be wholesaled back into the economy after Garb processing."
http://www.garbconnect.com/2012/02/24/all-eyes-on-electronic-waste-recycling/
Makes sense that the filings would be in place before the CC.
It's gonna get crazy next week!