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I agree. If this company fails it's certainly not going to be because Todd did not try. He took over a mess and he is trying to pull it all together. I'm still positive he'll get there. I do appreciate the transparency element he brings as well. GLTA.
Was there a conference call?
That may be true but the greedy pigs that run this company may not see it that way or even care. I've been in since last March, had many opportunities to get out without a loss but continued to trust in the product and ignore the lack of transparency and obvious mismanagement...boy was I wrong. Lesson learned. GLTA.
I have an account with TDA and they have chilled two other stocks of mine as well, one since last February. I have been trading those stocks just fine through Scottrade and Fidelity.
Hopefully the request for information was sent to the wrong company. It may not matter at this point anyway. I still don't think any of this is going to end well,finally. GLTA.
Did any of you receive this e-mail from Mark Vollaro who supposedly James Hodge has claimed he is working with? I received it yesterday.
To whom this conerns,
This email address was created for my software to send documents from my server to my existing clients. How any of you obtained this email is puzzeling to me because it is a no reply email address that we haven't used for over a year now do to a new software we are using now. This matter was bought to my attention today when I was on google inquiring about what comes up when searching my companies name. Once I did that this article came up with my name and this email as the contact for me. I have never used this email address as a contact for me. I then went into my server to retrieve the emails sent to this address and came accross this disturbing information involving my name. I do not know who you or anyone else named in this matter is and have never heard of this company stated until just now. I am not an invester of anything, have never been contacted to invest in anything, and do not intend to do such. My concern is how this guy you mention says that I do business with him considerng I am a small business based out of Delray Beach, FL. My business has nothing to do with what was mentioned in such articles. My business deals with mediation between creditors and debtors. If you have any questions please contact me at mark@fccorp.com to discuss. I tried to reach you via telephone at 206-219-6870 but the number was disconnected. I am concerned that someone is trying to committ idenity theft on me because my bank contacted me a few weeks back stating that someone tried to hack into my business accounts so I had to change all the info on my accounts and now I have come accross this disturbing info. I would prefer that my name be taken out of any coversations pertaining to this matter due in fact I have no knowledge of who you are and want no affiliation to any of this. Please remove my info and respond as to how my name came into this matter. I am highly concerned!
Regards,
Mark Vollaro
Me too, been holding for a long time now. From the beginning it's been all MJ smoke and mirrors I'm afraid. GLTU too.
I have heard nothing from him in several months. I think if there was anything positive to report then I'm sure we would have heard by now. IMO this is done. Hopefully I'm wrong but honestly I wrote this off back in August.
JH is not releasing news because there is none and or because he is caught in the middle of a shit storm, IMO. Anyway, I am taking a break from reading this board. It's just too bizarre and frustrating to follow any longer. I'll check back in a few months or in 2013, hopefully after the legal issues are resolved. Good luck everyone!
From what I have read he is not the only critic when it comes to BCCI. Quite a few of those shareholders with families that you speak of are also skeptics. Unfortunately I am one of them.
Clearly the correspondence between shareholders and GL show that he does have the shareholder's best interest at heart as well as a strong desire to shine a light on a history of shady practices by former management. IMO.
Fair enough. That is your opinion and I respect it. I don't agree with it but I respect it. I don't think his motivation is so much a vendetta but rather he stepped forward out of a group of very pissed off investors who were not being informed of what was being done with their money. That's how I see it. GLTA!
Is the money going into his pocket? No, he is merely putting the responsibility back on the shareholders if they want to pursue. He is only trying to do what is right but it just happens to be slowing down the ability of others to make money off this POS and that is why he is being called out. Again, it sounds ridiculous to make this guy a villain. I think most on this board are smart enough to understand that.
I think everyone understands that GL is not doing this for money. He is not asking for any so I think it is a waste of your time to keep saying he is. Villainizing him just sounds ridiculous so why bother posting it. Give us a break.
Honey Badger, I had the same issue with Ameritrade, no issues with Scottrade and Fidelity.
And suppose is all anyone did.
Is that just wishful thinking?
I hope I am wrong. Anyone know any more about this?
Not sure but it looks to me like they may have developed their own. I had some correspondence with them a number of months ago and they stated that their revenue/ costs were mainly focused on technological development vs. website development etc.
"EcoFuel is an ideal alternative for heavy users of diesel and Heavy Fuel Oils(HFO) who wish to reduce their costs and emissions without extra expense. This new emulsion fuel developed by Fuel Emulsion International (FEI) will enhance a consumers existing fuel using a developed patented core technology. These enhancements allow for better efficiencies, stable fuels, and greater savings. Primary market focus include power generation, mining, and transportation. FEI's mission is to produce and distribute EcoFuel, in a safe, reliable, cost effective and environmentally sound manner."
https://gust.com/c/fuel_emulsions_intl
Amen!
Thank you Florida for once again being the voice of reason in this f***ed up mess.
Please stop with the BS. If you actually have a plan to move forward then share it and folks just may get behind you. You obviously are a key player and possibly the initiator of this new path so what is actually going on? JH promised communication, even shareholder teleconferences,so when will this communication begin? We all know what the hurdles are thanks to GL so how are they being addressed? You have the answers so just tell everyone and stop with the BS already.
That's old news. I could not buy through Ameritrade due to the chill last March.
DTC chill on ECOS through Ameritrade at least. I tried to buy more this morning. I was able to buy through Fidelity.
Looks like this thing is all but dead.
Really? Who was/is Mark Ussery? Was creating him a legal move? Can you please be more specific as to the authority that allowed the company to be transferred to JH/Ussery? I am not that well versed in corporate law. Thanks.
Too little too late.
This seems to read different than the PR posted on the 18th.
[http://www.ecolocap.com/newsEvents.php?news=61]
Check out the ECOS Website under CEO Blog/Company News. Am I missing something or does the announcement of the agreement read as though it has been signed and no longer a LOI?
Yes, whoever you are thank you very much!
Really? Where was PDGO going before talk of the merger?
Gotcha,thanks.
That sounds great but who are you hearing this from?
When in the course of investor events
it becomes necessary for a group of investors to dissolve the loyalty and investment bands which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature's God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.
We hold these truths to be self-evident, that all Reeltime investors are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness, AND SOME MEANINGFUL COMMUNICATION.--That to secure these rights, Company Management are instituted among Men, deriving their just powers from the consent of the stockholders, --That whenever any Form of ReelTime Management becomes destructive of these ends, it is the Right of the Stockholders to alter or to abolish it, and to institute new Management, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that corporate structures long established should not be changed for light and transient causes; and accordingly all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such management, and to provide new Guards for their future security.--Such has been the patient sufferance of these Investors thru the years with ReelTime; and such is now the necessity which constrains them to alter their former Systems of governance and management. The history of the Management of ReelTime is a history of repeated injuries and usurpations, all having in direct object the establishment of an absolute Tyranny over these shareholders. To prove this, let Facts be submitted to a candid world.
They have refused their Assent to Laws, the most wholesome and necessary for the public investment good.
They have refused transparency.
They have refused to supply audited financial reports.
They have refused to give status on several stated initiatives including air cards, audited financials, Enabledware acquisition, et. al.
They have muddled the English language in correspondence under the "can't dazzle them with brilliance, baffle them with BS" axiom.
In every stage of these Oppressions We have Petitioned for Redress in the most humble terms: Our repeated Petitions have been answered only by repeated injury. A Prince whose character is thus marked by every act which may define a Tyrant, is unfit to be the CEO(s) of a free investment public.
We, therefore, the Representatives of the united Stockholder of Reeltime, in General Congress, Assembled, appealing to the Supreme Judge of the world(or SEC, IRS, Sec. of State of Washington) for the rectitude of our intentions, do, in the Name, and by Authority of the good People of Reeltime Investorshub Blog, solemnly publish and declare, That these United Stockholders are, and of Right ought to be Free and Independent Shareholders; that they are Absolved from all Allegiance to Phantom ReelTime mangement, and that all connection between them and Phantom Reeltime management, is and ought to be totally dissolved; and that as Free and Independent Stockholders, they have full Power to levy War in court or enforced statute powers granted to the Supreme Judge of the world(or SEC, IRS, Sec. of State of Washington, conclude Peace, contract Alliances, establish Commerce, and to do all other Acts and Things which Independent Stockholders may of right do. And for the support of this Declaration, with a firm reliance on the protection of divine Providence, we mutually pledge to each other our Lives, our Fortunes, our ReelTime shares and our sacred Honor.
CarpetMike
desertman
FloridaFH
parkwest14
Albacora
FN22
And all others that want to sign this draft. Happy and safe 4th to all smile
IMO PDGO and LHPT have now laid it on the line. Place your bets. I'm still long on both.
And wouldn't any evidence of action/progress/a plan quiet this board? Well maybe not. But at least folks will be able to finally decide whether they want to stay on board or not. We waited forever on news of a enableware/RLTR merger that was dead in the water. I think we just don't want to wait for months, have the new path forward die on the vine and then not hear about how it failed. Again, if folks are trying to save this company I am very appreciative of their efforts and if the path forward sounds plausible then I will support them. Just give us some news.
Didn't they briefly come forward already, only to go silent. Why?
I was willing to write off my investment in this "worthless company" last year and certainly the beginning of this year but was strung along once again by what appears to be false information. Until someone from the BOD actually makes themselves known I will continue to doubt that anything is happening. And if there are actually folks feverishly working to resurrect this company then I will apologize for doubting them. It's as simple as that.
Just curious, have you been invested in RLTR long?
I'm sure it is safe to say LHPT did their homework before moving forward. Based on the technology and skill set that LHPT brings to the table it is better to look more objectively at these wells and take more of a that was then this is now approach IMHO.
From their website:
[Lighthouse believes the use of modern technology will enable the company to reduce it's risk in the initial phase of development and open up new opportunities. We plan to create a base cash flow from reentering these wells and establish the network to acquire additional land asset in our targeted areas.]
I'm keeping the faith based on CEO transparency and correspondence to date as well as two conference calls, one of which preceded the PDGO/LHPT news. I could be wrong but only time will tell. In the mean time I'm looking to add. You just never know who to believe on a stock board and so I take everything I read with a grain of salt. Direct correspondence with a CEO and trying to decipher their credibility means more IMO. GLTA!
I don't really care about being an asset to this mess. I would just like to know what is currently being done with the money I invested. Why is it so important that the new BOD keep their identities a secret? I assume it's for liability reasons so if this all goes south then they disappear as though they were never there. Weak.