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what is special about VNDM?
do they not have any retail customers that could be ordinary bidders?
well perhaps you can understand why i am confused about what you think
on the one had you say it is not probable
on the other hand you say "we are more likely to see a report of a merger or a buyout in the future"
i assume this means "more likely to see a report of a merger or a buyout in the future than to NOT see a report of a merger or a buyout in the future"
i dont know what else it would be more likely than. a bigfoot sighting? we are more likely to see a buyout of GDGI than a buyout of berkshire hathaway?
the way i use english, that would be the same as saying "we will probably see a report of a merger or a buyout..."
but really there is no need to argue with YOU about what you think or dont think about this. i got sidetracked there to discussing what you do or dont think (or both at the same time) when you said i was twisting people's words.
i am interested in addressing the position
"a buyout is probable"
whether or not you will say it twice in a row without denying it in between is immaterial
i do not agree that a buyout is probable and i have addressed all the reasons i can recall that people have given to support the idea that a buyout might occur
ps..
oh wait, maybe you are saying we are more likely to see a buyout IN THE FUTURE than at this very instant?
i completely agree.
i would be flabbergasted if a buyout occurred this instant or today. i think it is more likely to come in the future, if ever
can you help me understand?
"IMO a merger or a buyout is what we will hear."
is that somehow consistent with the idea that a buyout is not probable, but rather
"I believe it is a strong possibility there will be a merger or buyout. Not imminent not probable." ?
to me, it would appear that the first statement says
"In my opinion a merger or buyout is what we will hear" which implies that in your opinion this is what will happen.
If your opinion is that this will happen, it would seem you think it is more probable that it will happen than that it will not happen, or, we might say more briefly, that it is probable.
Yet your other more recent statement says "not probable" but rather merely a strong possibility.
I agree that it is a possibility, but i would say a remote possibility.
To guess at the likelihood, i would say 1% chance or less.
I am guessing you think it is much more likely, although if i understand the sum of your apparently (to me) conflicting statements, you are saying it is less than a 50/50 shot.
i am not trying to twist words here - i am reading them, attempting to understand them, and quoting them directly. i can't help it if the statements are not compatible. these words appear to have been kind of twisted from the start.
what odds would you assign to the possibility of a buyout?
why did i think people think buyout is probable?
one poster said
"IMO a merger or a buyout is what we will hear."
that seems to say the poster believes a buyout will occur. there is no mention of it being a stochastic event, one with a chance of happening or not happening. probability is not even contemplated. the possibility of it not happening is only peripherally addressed by the acronym IMO.
that poster, by the way, was coincidentally named Marab123
the Marab123 that i am currently talking to only believes that a buyout is a strong possibility
so i guess that person would probably not say
"IMO a merger or a buyout is what we will hear."
they would say something more conservative and nuanced like
"IMO a merger or a buyout is what we MIGHT hear."
call me crazy
i guess i get confused easily about what people believe or dont believe
i thought you were saying that i was twisting people's words by accusing the of saying a buyout was probable when in fact NOBODY thinks that a buyout is probable
so i thought you agreed that a buyout is improbable
and i guess you do
you think is not imminent and not probable
but rather a strong possibility
we might not completely agree, but we do agree that a buyout is NOT PROBABLE
that is what i was thanking you for agreeing about and i am sorry if i misunderstood or misrepresented your position
but i dont think you can say that i did, since i did not attribute the idea that a buyout is probable to any particular poster
i think someone said something here that gave me the idea that they though it was probable, but maybe i was reading poorly
well i am glad YOU
agree that a buyout is NOT probable
but i am not twisting words
some people here have said that it is PROBABLE
or LIKELY
if i am attacking a strawman, that should be no problem
if no one else believes a buyout is probable
we are in agreement
nobody said imminent, though i will grant you that
i inferred that people were talking about imminent
(meaning say sometime this year)
because a buyout in 2020 is not really of interest
is it?
annual revenue 230k to 260k
well that is a little better than i remembered
so that is mildly encouraging
still disappointing that either sales of commercial units are slowing down, or sales are absolutley flat for 5 years and selling 40 commercial units a year plus residential units only brings in 260k
i thought it would be more
anybody know how much a commercial unit costs?
perhaps you would like to remind everyone again
the various credible reasons to believe that
an imminent buyout is PROBABLE as some have said
rather than merely a remote possibility
shared by every undervalued stock
the stock is undervalued?
i agree, but so are many other stocks
management did not dilute, preserving the value of their own shares along with ours?
a lot of reasons to do that. for instance, management may believe they will succeed on their own eventually, or get bought out in the non specific distant future.
they have been silent?
one easy reason for that, nothing to say.
they got current for their overdue end of year financials in march and then fell behind on reporting?
one obvious possible reason for that, no money.
management owns over 1/3 of shares?
oh well in that case... in am still not convinced
a competitor told everyone they were buying shares?
indicates they are certainly not aiming for a buyout, unless stock has become a giffen good* and i just did not notice
did i forget one?
regardless,
you are right. that is not thin air.
it is also not what i would consider evidence
that a buyout occurring say sometime this year is more likely than no buyout occurring sometime this year
*giffen goods, like luxury watches, appear to have an inverse price elasticity. people like to pay more for them, not less.
thanks for the info. that is disappointing.
i did not think someone else was responsible for selling 200 units, i thought that never really happened and someone else was responsible for lying about it
i was under the hazy impression that these commercial units would bring in quite a bit of revenue, like $10k gross revenue per unit or something like that
if ben was in charge before and after, i can't dismiss the 200 units already sold info as a lie by previous bad management
if they sold very few in the last two years and most of them sold before then, that would not be a good trend at all
if the 200 units sold evenly through 5 years, that would be 40 a year. the last two years we only saw around 200k in gross revenue and some of that was residential units
a downward trend in commercial unit sales volume could explain why we dont see a lot of revenue in the last 2 annual reports, but that would not be good news
i thought these commercial units would bring in 10k in gross revenue or something around there, but it appears they bring in quite a bit less than 5k each
i guess that is not the end of the world
just need somewhat more than double or triple the volume of sales to produce the results i was expecting
i guess maybe the explanation could be that they had an earlier version that was less sophisticated and cheaper
new: ceo broke his silence, said
gaining momentum, working on big sales
right?
in my opinion that is not so new
i was pretty sure they were working on big sales
and gaining momentum is compared to what?
how much momentum did they have in may?
lots? none at all?
potentially a pretty meaningless statement
in the sense that we dont know if they lost momentum
and are back to the level of optimism of january
when the deal was coming very soon
or way better than that
or way worse
just that the current delta is toward the good side
yes. my idea: no money to pay for it yet
ceo maybe has another job in addition to CEO of GDGI (saving us money by not taking a pay check that is not there) and is not a financial type by background
so he does not file forms for filing late if that is a thing to which you are referring
other people's idea: a company that did not have money 6 months ago and has not announced getting any money is likely or quite possibly silent because they are in the process of a buyout
certainly possible - the stock is wildly undervalued.
and management owns a lot of shares and would benefit from a buyout
but the circumstance of their prolonged silence does not, in my mind, contribute to the probability they are being bought out
if they had a big sale, why would the not announce it to the public and increase the perceived value of their company and the price of the buyout? because they are super friendly to the buyers and trying to give them a low price? that is not the shareholder friendly CEO leadership i expect from GDGI.
so maybe they have no big sale and are in the process of a buyout all the same i suppose.
but no big sale, not enough money to do more than pay basic bills seems like a very real possibility
and one that we need not soil ourselves over. just because they did not succeed yesterday or the day before of very soon back in january with their big sales does not mean they never will. it does, however, suggest it might take a while and that no one, including the CEO, knows how long.
buy and hold
dont get discouraged if people tell you every day something big is happening tomorrow and it doesnt
doesnt mean the company and stock arent good
just means you cant believe everything you read
from stockholders
with limited information
from an almost silent company
they are gaining momentum and working hard to close big sales
is the word from the CEO
that sounds different than already closed big sales for sure
and would explain a lack of funds and silence on the matter of financials
if last year saw them selling 100s of the commercial units, this is the first i have heard about it, and i think the market would be excited to hear too
i think the commercial units are supposed to sell for 10 or 20K each. so that would be 1 or 2 million in revenue. i did not see that in the 10k, and i think if it was there, we would see a much higher stock value today.
i am calmly waiting for them to hit their first 100 units and a million or more in gross revenue, at which point i expect to see the stock rise to pennies if not a dime
sure, their website says they already sold 200 commercial units, but it has said that for several years. i find that kind of horrifying and said so. it seems like bullshit to me. but its legacy bullshit, from the old CEO and the levys not from ben.
and steve says it is not bullshit, they had a bunch of earlier versions of the commercial unit and other partners selling them or manufacturing them or something like that, like the sales are prior to their incorporation as GDGI or i dont know what other excuse.
anyway, i dont believe GDGI has sold more than a few of the commercial units yet, and i doubt they sold 200 commercial before they started doing very little business
again, the annual reports dont reflect that kind of revenue
do they?
am i missing something here?
re the commercial units - again, check the 10k
not that much revenue, however much units they sold
they are not emphasizign this part of their businesss at all on their site and have said in their PR they shifted their focus to commercial
a lot of their res units may have been sold by them in wholesale bulk and are trickling out through amazon but maybe adequate supply, no new production, no current revenue, despite continnued res sales
i don't think silence means anything but
the most obvious meaning of silence
how about this.
Occam's Razor: the simplest explanation is the most likely
they are not saying anything because there is nothing to say
their silence does not necessarily indicate that bigfoot exists and has eaten them, or any other explanation more complicated than this:
they nothing interesting and new to say
(and they wont stoop to hype)
these emails wont' work anymore?
give the poor guy a break!
i dont think they are trying to fool anyone. in their awe inspiring statement last year, he said they were a no hype company.
in january he said soon, then very soon.
then he shut up for months
now, in response to relentless pestering, he says something about gaining momentum and working hard to get sales.
that does not say very soon. it is probably zero bullshit. they could have fallen off to zero momentum and now there is a ray of hope, so that is all that is required for his statement that they are gaining momentum to be true. and he is working hard. that whole thing is quite likely true. why would it not be true.
the only bullshit about this company is coming off this bulletin board. management is just trying to sell a new product in a conservative industry in countries where it takes a long and unpredictable time to get things done.
hence nobody knows how long it will take them to hit their first big sales, but the product appears to be good and a two or even twice that four year payback is good for green tech, so i think sooner or later they will make a bucket of money.
re what you said abotu sell it for the debt, i think management is not personally on the hook for the debt. selling it for the debt would be making 800k? mgmts shares are worth what 400k now at market? i imagine they are pretty fatigued and stressed over there and management might want to take a fairly cheap buyout and keep some shares and watch a bigger better financed more connected company take their product to market. still woudl expect way more than double on that.
that would not be so bad for us shareholders.
i think i recall seeing on here that the had a second job
so that would not leave him a lot of time to scope on the competition, what with him working really hard on closing sales
regarding crowin's comments about scaling
GDGI stands apart from its competition to some degree because it has found a way to solve the scaling problem. sure, most water has enough minerals in it that you dont want to spray it near your coils for years because it will scale up and stop the heat transfer.
that is why the commercial unit is rather expensive - it has a reverse osmosis filter and some other proprietary filtration components that both remove minerals and add chemicals to the water that attach to minerals causing them to become irregular shaped at the molecular level so that they do not stack up on each other and form scale. instead, what minerals may be left will simply deposit in a powder that can be brushed off easily.
crowins comments reveal something about the HVAC profession that in part explains why this technology is slow to catch on
HVAC is not a very dynamic field. the equipment is expensive and if poorly spec-d or installed can break. you dont need to do something clever and new - you need to do it just like your pops did, carefully and exactly the same way. hvac pros are a conservative bunch it would seem.
you can answer the question, you can show the filters and the data, you can grab people and shake them and shout at them, and afterwards they will say
"yeah, but what about the scaling? that is just gonna ruin your coils."
as has crowin after being told a couple times this company has solved the problem
qed
steve and meengreen - why is your good news a secret?
what is the new good insider news?
wow!
even if it is not the only one in history,
i will believe that it is rare to get on CE and then get off again
i thought you could do that just by filing late though and then getting current, so
i would think it was more common, but you are the guy who watches pennies, not me
oh good. forfeited assets are routinely used to compensate victims of financial fraud, at least when it is DOJ. we can hope SEC will do the same. but on the other hand, if they were going to, i would think they would have specifically said something about the forfeiture being allocated for restitution or restoration. perhaps they did and it just did not appear in the summary.
i wonder if people who were stockholders during the fraud but are not stockholders now would get compensated. that would seem most appropriate, but also difficult to execute.
if the stockholders are seen as the victims, then management and everyone else who had shares might get restitution in proportion to their holdings. would the unissued authorized shares allow the company itself to receive compensation for those unissued shares? would it be different if they had issued shares and held them in reserve?
my mind begins to boggle. perhaps the company will get some money. my guess is that will take more than a year if it is going to happen.
regardless of the statement on forfeiture and what it means as far as the collection of the 2.2 million debt, there is absolutely no way GDGI is going to ever have to pay the levys 2.2 million dollars for services that included criminal fraud.
maybe part of that was for legitimate work setting up the company with the SEC that the levys could argue stands apart from their fraud, but i dont see them succeeding in collecting a cent of that money while they are broke and in jail.
as i said before, whether or not it is off the balance sheet, the next time the company has enough money to PR, they can mention that, whatever the technical aspects of how it works out, their lawyer can tell them with a high degree of certainty they are off the hook
which we have all known here for a while, but a PR to announce the debt is effectively dropping from 3 mill to .8 mill might sway some newcomers
when that money an PR comes, there will be other good news of some kind to go with the debt relief
http://www.justice.gov/criminal/afmls/forms/pdf/victims.pdf
forfeiture would seem to imply they have to give the proceeds over to the government right? (much of the proceeds to be forfeited are from sale of stock rather than fees.) forfeiting the proceeds is not the same as not collecting the fees is it?
as i read this, fees due to the levys would potentially still be payable and then would be forfeited to the government, as much as that denies common sense. it doesnt say people dont have to pay the levy's as far as i can tell: it says the levys have to give up what they are paid (and what they made in stock sales).
that doesnt seem like a sensible way to do things though. i would hope that the result of all this would be that they already don't have to pay the 2.2 million. from a laypersons point of view that seems like the just and sane way to handle it.
but if the government does not explicitly rule that they dont have to pay the levys at all, the levys are still not in any position to come collecting and GDGI could have a civil dispute that they would certainly win to avoid paying the 2.2 million for the favor of being defrauded. again, seems crazy that the SEC decision would not resolve this, but the forfeiture is not exactly the same as saying they cant collect is it? in the long run though, it seems beyond the bounds of possibility that they would ever have to pay that 2.2 million.
as far as anybody paying damages, i dont see that happening. the proceeds of their scam are being forfeited to the government
the levys will be liable to GDGI, but they are also likely going to be judgement proof. which means broke. you cant squeeze blood from a stone.
will the government give some of the proceeds of the forfeiture to GDGI or the former stockholders of the other two defrauded companies? that seems unlikely to me but i am certainly no expert.
anyone else ever hear of a suit where the SEC made someone forfeit money to them and then paid it out to victims?
me too! hope - the little thing with feathers
i HOPE we will have results soon
but i have no EXPECTATIONS regarding near term results
a friend of mine observed that expectations about what other people will do in the future could be more accurately described as "planned disappointments"
he is quite a card.
and in a prescient response to the following posts:
yeah! i agree with almost all of that, except i am not so pressed if people look at it while not much is happening. when something happens, fundamental value can take over and push this stock past 10 cents.
also, i am not so sure that people who say the debt is not already erased are correct. back when GDGI did not announce anything about it and we were wondering if it would be in the financials that most people seemed to think would be filed in a timely fashion, i speculated that there was some formality that had to take place before it was official, despite the SEC ruling the Levy case clearly stating they did not get to collect them money "owed" for any of their "services" to the affected companies. but i was just speculating.
is there someone with a law degree or experience who knows for sure the debt is not already erased?
i think we MIGHT see it is has been gone since the verdict as soon as they file financials.
well i hope you are right about that
and i think it is quite possible
that news could come any day
but i do not believe i have enough information
nor do i believe anyone else has presented enough information
to say that results are PROBABLY going to come before end of summer
and if they dont come before end of summmer, i dont think that necessarily portends failure,
so again, i urge you stay in. if you do try to sell, do yourself a favor and dont tell everyone you are going to sell!!!!!
and of course, be patient and sell less than half a million a day and then maybe if news does not come before end of summer (which i think is possible) and you are dead set on giving up, you can get out without a huge loss and avoid spooking everyone else.
interesting perspective
i have not owned a car in 39 years
so my gas expenses are pretty low
a roof over your head keeps you from seeing the stars
i try not to stress out; i have two tents
i do sleep inside, but i almost always trade for that
this year, i will spend $900 for two months semi-trade
semi-paid loding in bali. the rest will be no cash.
i pick some of my food from the top of the piles of fruit under the trees, some i pay for, and most i trade for
one of things i trade for food is posts about surfing conditions, destinations, and techniques, along with photos and videos of me surfing
i dont think it would be quite acccurate to say i surf[board]to live though
i live to surf
the most i have ever gone without eating is 9 days
but i guess i could go 30
the most i have gone without a roof is also around 9 days
the most i have gone without setting foot in powered transport is 60 days
the most i have gone without surfing or SUPPing or whitewater kayaking is around 15 days. but i guess i could go more than 30.
priorities!
well, if i wish i had shorter term expectations too! but i have heard lots of short term expectations for a couple years now and been hesitant to share them, and so far, that has been the correct perspective.
if i had shorter term expectations, i might be doing things like talking about selling 11 million shares on july first if those expectations were not met. that person has more recently announced a plan to sell their shares (or that their group will sell their shares to be precise) at the end of the summer, so i guess there is about a three month extension there.
some people might have the sense to take comfort that one long is not going to be disappointed and sell in the event that we dont get news in the next month or three months.
i would be happier if i knew more people had confidence in this stock that was not dependent on the short term results, which i believe are impossible to predict.
well now THOSE reasons make sense
the stock is enormously undervalued because the flight that we experienced in the middle of last year due to dilution with no communication, apparently the last pernicious effects of the Levy's interaction with GDGI that we may hope will not be repeated under the current shareholder friendly hype free CEO
ah - now THAT makes sense to me why no dilution indicates a buyout. it did not occur to me that the insiders make more in a buyout if their shares are not diluted. duh! forehead smack.
i agree that all GDGI has all those things going for it and that these things do separate it from the vast majority of other pinks from what i understand about them
still dont think that puts us in probable buyout territory by a long shot, but it does make it a possibility, and many poster here have not claimed probability but rather simply a larger possibility than for other pinks
thanks for sharing that perspective!
i did not ever say that YOU said that a buyout was imminent.
however, another poster on this board who says he prefers to be "optimistic" said a buyout is "probable". i guess he did not say imminent, so maybe he meant a buyout is probable before the earth falls into the sun. i took it to mean sometime soon.
and someone named marab123 posted. among several others, these two reasons a buyout is possible:
1. GDGI got their fins current for EOY.
What reason did they bother to do this?
yes, like i said, someone cited the filing of a 10k at one time and then...
4. Once GDGI got current on the fins they went right back to being late on the fin reports.
Why bother getting current just to fall back into delinquency?
the failure to file the subsequently required 10q...
as evidence of a buyout.
also the sky was blue again here today, so i guess a buyout is possible if not likely.
and the other reasons were:
2. GDGI was replying to investors on a fairly regular basis and now rarely if at all.
Why the sudden silence?
(because it is against the law to tell one investor material information that you have not told the public, and they just testified to the SEC, so their lawyer may have reminded them of this)
3. There has been no dilution for several months.
Why not? (every other penny stock seems to do this on a regular basis)
(lack of dilution does not indicate a buyout. it would make no difference to a buyer if there were 200 million or 400 million shares. lots of companies have not diluted recently. are they all getting bought out? this company does not dilute right now because they would get peanuts for their shares and piss everyone off and cause a sell off. the last time this stock diluted in half, it cut the stock price 90%. lesson learned perhaps.)
how is repairing a surfboard not a living expense?
i think of it as the "reasonable assessments are more convincing than, for instance, saying failure to file indicates a buyout is imminent" team. apparently it is a pretty small team. anybody?
i sold about 200k out of 4 million
to repair my surfboard
i dont recall seeing a big pile of stupid money flocking to the claimed buyout target, so i dont think i am doing harm here shutting off a tap that was never flowing
there was a little bump when we got on that watch list, but posters claiming that doing the annual report but failing to file the quarterly report in the context of a competitor buying in for 36k indicates a buyout does not seem to be generating a lot of buying pressure
go figure
so maybe hearing that someone who does not believe the moon is made of cheese does believe the stock will eventually do well is not a bad thing
lest anyone should be confused
i highly recommend buying this stock
as long as you are not planning to hold your breath
and as long as you are comfortable with the notion
that they could fail entirely
but if they do anything but fail entirely
you are going to get a huge return
patents, prior sales, pending sales, epa and university endorsements, the potential to help save literally billions a year in energy costs
there is a lot of upside
and i would say a way better than 50/50 shot
to succeed eventually
i have not been saying the sky is falling
i have been saying nothing seems to be happening right now
and while the long term potential is great and a surprise coudl come any day, there is no reason to assume anything is going to happen very soon, like next week or whatever
i stand by that
it keeps seeming to be accurate every week that i say it
if you are looking for children's story analogies, if there is any crying wolf, it is the repeated assertion that this is your last chance to get .004s
i have heard that a few times, and so far it has been false every time
i am not clear on what you mean by that.
do you disagree and believe that getting current on financials would actually depress the stock price by removing supposed evidence suggesting a near term buyout?
or do you agree that getting current on financials would be a good thing?
ps
harumph. judging by the response to this message that i see next, apparently we have stockholders who sincerely believe that not being current on financial reporting requirements is superior to being current. ok then, he said, shaking his head.
by the way, in case you did not get this, such a task as was referenced in your websters example would not BE arbitrary, it would just SEEM arbitrary, like the example i gave where a person knows a diamond is in a pile of sand so he makes someone who does not know this move the sand one grain at a time. the task is not arbitrary, it is purposeful, but the person so tasked would perceive it as arbitrary. i did not remove the context of the metaphoric equivalent of the diamond (the profit from the sale); i provided it.
gdgi shareholders trying to sell CNS know why they are doing it. i dont think their efforts wold seem arbitrary to anyone.
i dont think the impact of, for instance, steve trying to help the company realize the 18 unit florida sale, is so much that this gets new eyes on the company as that this gets around 100k in profits, the finacials get filed, a statement about the levy debt is made public and THAT gets new eyes on the company and the stock goes up
i would think that would have a lot more impact, since that would hit a wider audience, than invidual stockholders talkign to individual potentail buyers, in the sense of getting more eyes on the stock
one way or another, at least we can agree that if the florida sale that steve helped set in motion comes through, that will be a good thing! (yay steve!)
but like i said, maybe they file and it goes down because they are no longer failing to file financials, signaling a buyout is imminent. maybe pigs fly. duck!
to me, filing financials seems like a good thing and not filing financials does not seem like a good thing
i do not think this is a radical perspective
i am amused that it is controversial
ok. i still dont follow
i believe
the task we were talking about here was for stockholders to help sell cool and save
the meaningful context was that sales would affect the stock price in proportion to the size of the sales, and such sales might be 1 to 18 units
and we can view that in the context of the companies assumed potential to succeed in developing the big clients for 100 unit sales
what am i missing?
the sense of arbitrary described in the websters quote, which is not a definition but an example of the use of the word according to the fourth sense listed, is "existing or coming about seemingly at random or by chance or as a capricious and unreasonable act of will"
that is not so wildly different from what i said: "Based on random choice or personal whim, rather than any reason or system"
the two are pretty close together. and you still have not illustrated how anything i said suggested that people trying to sell CNS is somehow arbitrary.
so for instance, if i want to find a diamond in a pile of sand, i might ask someone to move the sand one grain at time to a different pile, knowing that would reveal the diamond
if they did not know the diamond was in there, lacking that context, they would think the task was bizarrely arbitrary
make sense?
but again, i dont see how that sense applies here. tasking oneself with helping sell CNS is not arbitrary; it is common sense, and i never suggested anything else.
haha. well, maybe its not so complicated. i look at this board, and i see stuff that to me sounds ridiculous and unconvincing and it is hard for me to believe that anyone would be naive enough to fall for it, or believe it themselves, although perhaps that is so, or perhaps what i think is vapor is actually substantial. but if i saw a board that had nothing but that sort of stuff on it, i would think there is probably nothing to this. one the other hand, if i saw someone on the board who said things that i agree with like " a broke ass pink sheet company failing to file financials is not a sign of a buyout" but that person had other positive things to say about the company, i might be swayed. so i dont mind calling em like i see em.
i am not sure how you think i distorted the information that shareholders are attempting to help sell the product and may succeed creating some modest profits for GDGI to "sound aribtrary"
i think my confusion arises from my thinking arbitrary means "Based on random choice or personal whim, rather than any reason or system" or "unrestrained in autocratic use of authority"
i dont see how anything i said made the choice of stockholders to support the product to seem random or whimsical or unrestrainedly autocratic. its simple self interest, and as i said it is a good thing that could have a modest impact.
perhaps when you use the word "arbitrary" you mean something else.
call me crazy, but i dont think it is so far fetched to think a company considering purchasing 100 or so units of equipment at over 10k per unit,, so like a million dollar purchase, would be more inclined to make the purchase if the seller were in compliance with SEC requirements rather than out of compliance. i might wonder about warantee support from a company that could not file its financials.
but as i said, that is not the only reason to get current. lots of companies are current. why does anyone report finacials? GDGI has the same reasons to report - transparency and compliance. i find it strange that people question why a company would file its required annual report.
again, i think the general rule with required financial reporting is that if you can afford to file you do. if you cannot you do not.
so maybe they filed in march because they could afford to, and maybe they have not filed subsequently because they could not afford to.
that seems like a simple and plausible explanation.
i guess i must be an imaginary shareholder then because i "snubbed" the possibility of sales created by shareholders?
except i dont see where i did that.
i do think it is pretty awesome taht stockholders are getting behind this, and i do encourage other stockholders to consider: do you have a friend of a friend who is facilities manager at a place with 4k sq feet plus? you could help sell a CNS unit!
at the beginning of the year we were hoping for sales in the hundreds of units, soriana or another big sale in korea or costa rica. those are all still possible, but i dont see stockholders making sales on that scale happen
a single unit sale would be better than none, and if steve's florida sale of 18 units came through that would be better than a single sale.
it would not be as good as a 100 unit sale.
i am kind of baffled to be explaining this perspective. i thought it was pretty clear the first time i said it, but i guess not.
the units reportedly retail for somewhere around 10 or 20 k. so for 18 units, 180 to 360k gross, i think 100k would be a reasonable (to high) ballpark guess for marginal profit.
that would be good but not earth shattering
i dont see that as "snubbing the fact that other real shareholders are helping our gem locally to their areas."
i said 100k is better than nothing.
i think that is true
i think it is a reasonable guess at the neighborhood of marginal profits that could be created by steves florida sale
its not earth shattering, but it would allow them to file financials and get current
although i guess that might not help the stock price, since somehow by failing to file on time, they have created the perception that they are the target of a buyout
so i guess it follows that it would behoove them and all other companies to not file financial reports?
not sure i get that but oh well
some mysteries are not for me to solve
well there you go. excellent!
more DD from the man who knows
thanks steve
that is pretty damn encouraging that their competitor
invested in them
and their competitor has it together enough to make that spiffy looking product and fund some advertising
i still dont see how that portends a buyout, not that you said it did, but some others seem to think it does
it does suggest that mr tx and company do NOT intend to try to buy GDGI out, unless they prefer to pay more for things instead of pay less, which is not unusual for some products - "giffen goods" like luxury watches sell more the higher the price goes and have a reverse price elasticity curve. most people prefer to get their stocks cheaper rather than more expensive though.
and it also suggest that mr tx thinks it is a huge market with plenty of room for his company and GDGI to succeed
sweet action