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When it comes to a publicly traded company's information it most certainly does indicate the ticker symbol. This is the case here Carbonator (BM)
The problem I have with it is that by having GECO in parenthesis instead of GLEC it implies that the ticker symbol is GECO.
If this line...
"The project activity will be undertaken by M/s GEC Organics (“GECO”), a fully reporting publicly traded company"
Was....
"The project activity will be undertaken by M/s GEC Organics (“GLEC”), a fully reporting publicly traded company"
It would have been fine. Then it would be accurate. Plus those investors looking for our type company to invest in would find the stock much easier.
As far as it being a simple type....that's BS. I believe it was put that way on purpose. If it is a true typo then what kind of incompetent lawyer is working for us?
I have come across plenty of CEO's that have all the right answers for the shareholders all the while they were screwing them behind the scenes. I'm not saying that this is what's happening here but it is why I don't choose to drink the Kool Aid without question. JMHO
I don't see it as a typo. Too well thought out for that. But that's just my opinion.
There is part of the GS registration that I have a problem with. Ask Peter next time you speak with him. He knows what I'm talking about. Prefer not to list it here.
Something is going on here behind the scenes and I don't think it's in our best interest. Too many "Typos".
Speak for yourself!
Sure, you go negative and you get support. I say something that could even be interpreted in the least bit negative way and I get slammed from all around. Hell, even when I post relevant questions, I get slammed. But when you consider the source of most of it, BM or #2, you understand. He could never provide a factual answer to anything.
Will something ever come of this stock, who knows. I say it again, you don't like it here, sell. Even if it's at a loss. I for one am staying.
First part past tense:
"This required the Company to obtain a line of credit to initiate the process that would
Second part future tense:
lead to the sale of its entire annual ‘Gold Standard’ Carbon Credit allotment."
JMHOO
What else is new. You won't cause you don't have a clue.
Where have you seen that a CC contract has been sold, pre-sale or otherwise? Just because they have been used as collateral doesn't mean that they were sold. I can put my house up as collateral for a loan but that doesn't mean I've sold it.
I don't think you are reading that right. They got a line of credit to initiate the process to sell it's entire year allotment. Not that the credit line is secured by the entire sale of the years allotment. Big difference.
This required the Company to obtain a line of credit to initiate the process that would lead to the sale of its entire annual ‘Gold Standard’ Carbon Credit allotment.
GECO has recently entered into negotiations with parties very interested in supporting the company with funds to purchase raw materials for the production of its products using VCU purchase contracts as collateral.
Not sure which post you are speaking of. Is it this one?
GEC Organics is a registered "OFFSET" Project with Carbon Credit Capital. They will market our carbon credits during third quarter of 2015!
Since GEC Organics Corp. ( “ GECO ” ) received its latest status upgrade from The Gold Standard ( “ GS ” ) during the first week in September, the Company has received numerous unsolicited inquiries regarding the potential purchase of its initial production of Verified Carbon Units (VCU ’ s). All inquiries are for VCUs that will be available for the first quarter of 2015.
I just saw a news clip on Fox News about this company that has water purification carts/units that are being used in Nepal. Too bad we've been dragging our feet with Clean Water Tech. It would have been nice to see them featured instead.
http://www.watermissions.org/
Is the compost/tea that is made with food waste instead of chicken chit USDA certified?
I understand your frustration. I put out information with links to back it up and he calls the links stale. I put out a legitimate question and since he has no factual answer he has to insult me. I'm not going to just sit there and take it. As far as the "prison" statement goes, he is wrong. That's why I said he was. Not just the fact that I've never been to prison but more importantly, the make up of the food waste. Tell him to produce some facts with references/links to back them up. I, and everyone else here, would love to learn what he knows. If he knows anything that is.
You haven't lost 30k unless you've sold your shares already. Hopefully you haven't and you, along with all of us, will make some.
I know I've mentioned this before but I think it's worth mentioning again. I think our Clean Water Tech division should plug into this. JMHO
http://eng.worldwaterforum7.org/program/program.asp?program_seq=366&utm_source=Water+Benefit+Standard&utm_campaign=55f7692055-Gold_Standard_IntroToCEOMarionVerles&utm_medium=email&utm_term=0_7cafe92e88-55f7692055-312580233#0
You are so funny.....so very wrong...but still so funny.
It's so stupid. I make off color or irrelevant posts and I get all kinds of responses. I ask a legitimate question and nothing. Just shows they don't know as much as they put on.
I deleted your post for being off subject and just plain stupid. But then I realized others needed to see what you are about. I'd be willing to bet you have no clue what the make up is of the food waste. But thank you for your input, no matter how useless.
Hey Maddog, can you help out with this?
Does anyone know the make up of the food waste GECO will be getting from the AL DOC? Is it "clean" food waste or "contaminated"? Contaminated would be that it has some kind of trash in it. I would think that when they clean up the cafeteria they would inevitably throw plastic utensils, plates, and the like in it. It could also get contaminated where ever they store it. If this is the case, what is the process to clean it up?
JG1, Here are the two links from an earlier post. I'm sure if he could provide info on the CC process he would.
Negotiating the transfer and acquisition
of project-based carbon credits
under the Kyoto Protocol:
https://www.unido.org/fileadmin/user_media/Publications/Pub_free/Negotiating_transfer_and_acquisition_of_project_based_carbon_credits_under_Kyoto_protocol.pdf
Carbon Market FAQ's....care of the GS website.
http://www.goldstandard.org/frequently-asked-questions/carbon-market
Such a brilliant statement....NOT!!!! I didn't say it was a big find. I believe it was called a nice find. I said it was just a typo. That being said, it is important enough that it should be addressed. If someone is looking to purchase some CC's off the CAR exchange, they will first do a search. They will find GECO listed here....
https://thereserve2.apx.com/myModule/rpt/myrpt.asp
When you then click on project name link....
https://thereserve2.apx.com/mymodule/reg/prjView.asp?id1=1017
It takes you to the project information document where the first thing you read is the project description where it mentions the chicken manure and not food waste. Seeing that this exchange is supposedly only food waste, you move on to another project. They don't even get to the documents link....
https://thereserve2.apx.com/mymodule/reg/TabDocuments.asp?r=111&ad=Prpt&act=update&type=PRO&aProj=pub&tablename=doc&id1=1017
If you look beyond yourself you might see why I even mentioned it. Management has had enough reasons to delay. Something as simple as this typo could be a red flag to someone that could cause yet another one. JMHO
It's in the Project Description section.
https://thereserve2.apx.com/mymodule/reg/prjView.asp?id1=1017
I'm sure I'll get flack about this post but though the Kool Aid might look good, I don't always drink it. More info from mgmt would make it more tempting to quench my thirst. Until then, I will keep it real. Real to me anyway as this is always JMHO
Below is a quote taken from the Project Information document on the C.A.R. The project listed with this exchange is produced with food waste not chicken manure. Though just a typo, it can still produce a red flag. It has been brought to managements attention and hopefully they will correct it presently.
We operate a 70 acre facility in Castleberry Alabama which converts chicken manure and green waste to an organic soil amendment using our proprietary blend of microbes.
Did I miss it? Have you added yet?
Here is a link to the GS info. Can't find anything about actual CC's issued.
https://mer.markit.com/br-reg/public/project.jsp?project_id=103000000006015
You weren't lying were you....wow. You added big time with that huge $2.58 trade. A whopping 600 shares must take your total up to at least 900...
Just having fun..
Castleberry has excess capacity for additional composting.
(I don't understand how those two statements can exist together)
For those that haven't looked it up, here is the C.A.R. listing. There is a link to the project submittal document down bottom. Enjoy.....
https://thereserve2.apx.com/mymodule/reg/prjView.asp?id1=1017
Looks like it costs to sign in. Can you get to the article and copy it to here?
Another Monday with no news...guess we wait longer.
Ask dropping again...hard to break thru .007.
I used the link provided by Jaw. I did this with my laptop. Haven't tried with phone yet. Doesn't really matter as they don't want me on there anyways.
I was able to register and get approved on the forum. I even responded to the good Dr in a nice way. Well, I tried to get on again only to find that I was removed. I've since tried to register again and it's now in limbo waiting to get approved. I guess I don't fit in the clique that can only speak positives and not throw in a "devils advocate" type opinion. You don't want me on that forum, so be it. You don't like my posts, ignore them. I will not change my approach to this or any other company I've invested in. Specially since there is still a possibility that this will go nowhere no matter how good things sound. Those that have been here 10+ years should understand that. JMHO
Sorry but if you think that someone is going to look past all those sellers that are firm at .006 or even .0055 you are sorely mistaken. We won't see .007 until there is money in the bank. If you need to sell, put your ask at .005 and someone will take it. JMHO
Hell, even I'll pitch in.
#2 has always been my favorite scenario. I was hoping it was already in the works just waiting to complete the CC process to prove it can be done from start to finish. Once it happens the deal closes and we all go golfing in Scotland. A couple years huh? Better late than never I guess.
You cut me deep man with this.....
There are people other than Peter that know what is going on, just not you.
There is only one person that truly knows what is going to happen, Peter. As I see it there are only a few things that can happen. It's in his hands which it is. Here are a couple scenarios as I see them.
#1. All we are hearing about the CC's is really happening and we will "ALL" benefit from the process.
#2 CC's are proven real and Pete sells GLEC as a whole and we are all taken care of.
#3 All we are hearing about the CC's is really happening and Pete uses the money to pay off not only the private lenders but also himself leaving nothing for GLEC and thus nothing to get us all a good price for our shares.
#4 All we are hearing about the CC's is really happening and once the first sale happens Pete sells GECO and takes the percentage that is owned by GLEC and pays the GLEC shareholders some kind of a dividend.
#5 CC's are real. Pete sells GECO and takes all the money for private investors and himself and drops everything else with GLEC thus screwing we shareholders.
#6 CC's and everything we are told about them is false and will never happen but is being pushed so certain individuals can sell their worthless stock.
These are just a few scenarios I have come up with off hand. It all comes down to two things. CC's being real and Pete doing the right thing by all shareholders. I know I've said this before but it's true. Guess we will see what Pete is really made of. I, for one, think we will all be buying him drinks when all is settled.
If management is anything like me, which I hope they are, they would want to cash out as much and as soon as possible. Not getting any younger. Establish a proven and duplicatable process from A-Z to produce and sell CC's. Establish proof of efficacy and value of Clean Water and Clean Tower technologies. Put it all together and sell the entire GLEC bundle to the highest bidder. Everybody gets their money and management can sleep well at night, on the tropical island of choice, knowing they did right by all shareholders. JMHO
My understanding is that what ever percentage of GECO is held by GLEC is the percentage of any sale that should go to GLEC's bottom line. What is left over is what should go to private investors. This would be doing right by the shareholders who have been supporting GLEC for many many years. Will management put the shareholders interest in play? That is up to them. But it's the right thing to do. JMHO
Thanks for posting that link. Lot's of happy people. I don't quite understand the "endorsement" part though. Just looks like quotes from different places but not specifically to do with GECO.