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Here are a few for ya:
How much compost has been sold to date?
How many orders are in place?
What is the price of the compost?
How much tea has been sold to date?
How many orders for tea are in place?
What is price of tea?
What is profit margin on both?
What are the negatives of our product as compared to competitors, if any?
Are there any customers that have seen results and are willing to give references?
How many full time employees and are there any plans to hire more?
How many months out of the year are we in production?
How long do we have left on the land lease?
"Soon" huh? It would be nice if it was in the shortest of terms this time.
Seeing as I'm one of the few here that have actually been there, yes, that post came from me.
Grumps and MD, are you guys going?
That was very helpful. Thank you for your input.
Is anyone still going to visit Castleberry?
This is a story headline from the Gold Standard e-mail I get. I wonder if GECO can take advantage of this.
Retroactive crediting for Land Use & Forest projects
We are offering a new guideline for projects in the scope of Land Use and Forests. Projects that are additional can now have retroactive crediting of 10 years for A/R projects and 5 years for agriculture projects. This exciting new step will accelerate access to carbon finance for projects that have been making positive strides in afforestation/reforestation and agriculture for years.
I wouldn't mind joining you guys. I'm curious to see how it has changed since I was there the first time a couple years ago.
What is time frame between #4 and #7?
Yeah Baby.....Get you some of that!!!!!!
I like how you nailed things down with no wiggle room...LOL
Gurgle Gurgle Gurgle
March 17th 2015
You are way off with your "many many many" years comment. The only way that it will take that long is if the 8-k's/letters to shareholders are a bunch of hogwash. If you truly understand the concept behind the CC's, you will know that the initial deal being done will be all that is needed to get this moving. I'm not going to get into how that will be because it's been covered here plenty of times. I will point to Grumps most recent post about it though. It says it all. JMHO
I guess we are back to waiting and hoping again.
Though I hope it will go up on news such as what we just received, I know it won't. Close the deal and show the exponential growth to come. That will bring the share price up plenty. Specially if your numbers are even half right.
There's potential and then there is exponential. I'm banking on exponential.
Can I get a show of hands here on who thinks it's worth getting more shares.
Any thoughts on the letter?
YABBA DABBA DOOOOOOOOOO!!!!!!
SCOOBY DOOBY DOOOOOOOOO!!!!!!!
HAKUNA MATATA!!!!!!!
HAPPY HAPPY JOY JOY!!!!!!!
yup, great start to another week. A whole lotta nothing yet again. All may not be lost but is anything at all gained? Nope!!
So they say.....wait, they haven't said anything.
Yabba Dabba Dooooo!!!
Yup Yup Yup!!!!!
Gurgle Gurgle Gurgle....Tuesday 2-17-15....Gurgle Gurgle Gurgle
I just hope the next news is more than just the "If and When" hype that does nothing for the stock just as the last three 8-k's have been. Sorry, but even though I do believe in the biz model big time, I'm not so optimistic that it will actual come to fruition. JMHO
Someone is dumping. .0017....WTF?????
Hey Maddog...what your gut saying now?
What ever it is, it's taking way too long for a sale of some sort of CC. They wouldn't have to convince people to invest if they had actually sold the CC's in the first place. Look at the investor confidence that is showing today. .0021 is ridiculous to say the least.
I'm surprised nobody has pointed out all the flaws in my post. Show me where I'm wrong here or even feel free to agree with me. I posted that to promote some conversation about what we are all waiting for to happen.
Out of April 15, 2014 Letter to shareholders.
Nevertheless, there is still a brief period of additional work required to complete this final segment of the project ’ s registration. However, when complete, we believe our registration will create a quick and significant inflow of capital that can be used to greatly improve our sales volume in Castleberry as well as many other domestic sites. Our original timeline for the initial sales of our carbon offsets has been the first part of May and we are currently interviewing a number of companies who have shown interest in the pre-sale or option on the future distribution of the GECO Carbon Credits. In conclusion, this addition to our business model has taken more capital than first anticipated, but the project now appears it will have an even greater benefit to the company ’ s overall success than our original projections.
On July 1, 2014, the Company ’ s subsidiary GEC Organics Corp. ( “ GECO ” ) was approved for listing and registered for its Greenhouse Gas emission reduction program with the Gold Standard Foundation, Geneva Switzerland. GECO is a large scale compost project and the only one of its kind on the Gold Standard. Independent Validation of the Company’s protocols has been completed and documentation related to our listing on the Gold Standard Foundation is available for worldwide comment and review. The Gold Standard is a highly respected registry and exchange market in the Voluntary Carbon Market and prices for Carbon Credits issued by them are traded above others in the same market. GECO has received approval for a 10 year crediting period with total Credits amounting to 7,500,000.
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 (Where are they now?) (VCU ’ s). All inquiries are for VCUs that will be available for the first quarter of 2015.
The current price for one ton of carbon offsets on The Gold Standard is $5.08 per ton and using the GECO composting process, the GS protocol calls for one ton of chicken waste to generate 20 tons of carbon offsets. At today ’ s prices that would create gross revenue of approximately $100 per ton of compost produced but for wholesale transactions in the first years of the 10 year crediting period, it could be less. The Company has been allotted, 305,413 of Carbon Credits by GS for production during year one and 547,941 for year two. Additionally, unused VCU ’ s are allowed to accumulate over an unspecified period of time. The total number of VCU ’ s granted over the 10 year crediting period, which runs through 2023, is 7,406,945.
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. (Lets just give it all away) This relationship will enable the Company to purchase not only all the raw composting material necessary to fulfill each contract, but also allow it to develop a sufficient inventory for future sales. As part of this relationship, GECO will have enough working capital for its ongoing operations. Additionally, the net revenue received from the exchange of the Gold Standard Certificates with the end VCU users will soon negate the need to borrow additional capital.
Based on our current negotiations and future interest in its other technologies, we anticipate having the needed funds to begin filing our delinquent SEC reports and hopefully become current prior to the filing date of its 2014 10K. Management has maintained the internal records and is prepared to engage its auditors and attorneys as soon as a reasonable amount of cash is available to complete these past due reports.
Well that trade shows the value of potential....a whopping $4.20....yeah baby.
Just make sure the word "POTENTIAL" wasn't used when it was mentioned. I don't recall it being so but I could be wrong. I know it's been since last summer that we got the approval. But there always seems to be some kind of reason to delay. The latest seems to be that they want to get on another exchange to get more money for the CC's. How bout they sell what they have with an existing buyer to at least get the ball rolling. It's not like once they sell the first lot there won't be any other opportunity to sell more at the higher rate. If I had a buyer for my widget for $10 which would allow for more production of new and improved widgets at $15, I would jump on it. Cash in hand is worth more than all the "POTENTIAL" in the world. JMHO
Here we are with yet another start to a week with nothing but "POTENTIAL" to show for it. What's your gut say not MD?
I've really learned to hate the word "POTENTIAL" when it comes to this company.
I hope there aren't more hoops to go thru. Been thru enough already. Time for something to happen that shows some kind of cash. We need stronger gurgling that is from me eating crow cause he, P, finally got it done.
We don't have a choice but to be hopeful, right?
No more gurgling. Not for this week anyway. There's always next week.
Your gut still gurgling for news this week?
I know they have no bearing on anything but. Could someone explain the rational behind yesterday's $82 trade and this morning's $34 trade? I mean seriously, what's the point?
I had basically 1 mil less this time last year. Yes, I had been slowly getting more and more shares. When I originally hit 1 mil shares, I told myself I was done but look where I am now. All based on the faith that Pete will do the right thing by all shareholders. I just can't justify getting any more.
Yes, just as it was on Jan 8th when I posted this:
With full disclosure in mind. I'm only hitting my 3 year mark with this investment. That's nothing compared to most here on this board. And yes, I am still just a little fish in this here pond with barely 2.3 mil shares. I just feel that the boy who cried wolf has more credibility. I would love to be wrong here of course.
I know you weren't implying anything, right?