Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Let's hope so JFB! But important for people to be a little careful... 59.11% of yesterdays volume (which was huge!) was shorted. I expect today's short volume to be the same or even more. Super glad things are finally moving though!
http://otcshortreport.com/index.php?index=GCEI#.UwUUMfldWSo
Yeah, it definitely would be nice to see a quarterly... but realistically I think we can expect them to opt to file an annual report instead, which is not due til mid April. That's what they did last year, I wouldn't expect any different this year. Makes sense actually...gives them more time.
On another note, I came across something very interesting yesterday while I was researching t-trades (they annoy me all to hell). I've been trying to figure out for ages WHY some GCEI orders get filled below or above bid/ask, seemingly out of order. Pure MM manipulation of course but at least now I have an explanation. Apparently MMs are not required to honor the offer price. OTC is essentially a "best-offer" market. Now things are starting to make sense.
This is a really good article that explains a lot:
http://incrediblepennystocks.wordpress.com/2013/06/25/incredible-penny-stocks-what-is-a-form-t-trade/
yup I know what t-trades are, was just curious about the size of it. not worried at all :) in fact probably a good sign, imo
it was a form t trade, wow that was a big chunk! ... curious... either an MM or an insider?
Much appreciated Joey! Have a great weekend!!
That would make me happy too, it's been an incredibly long wait. Just hope it was worth it. 6% of the % float traded not 10%, my math way off on that one, the other figures accurate. We'll see what happens, holding to EOM.
Hi, well, more than 10% of the float (if they were indeed floating shares, not previously restricted that have now come on the market) got traded - highly unusual.
At 1:05pm 5000 shares sold at 0.0166 to drop price down huge.
4 minutes before close 5000 shares were bought at he ask to make sure it was painted green at 0.0234 just to ensure it closed in the +
Ridiculous trades just to manipulate PPS. Also I believe orders were filled below the highest bid. Happened to me personally, something really sketchy was going on yesterday. Someone I think took screenshots, I hope you kept them.
Of all the trades yesterday, 31.07% were shorted. That's 374,766 shares shorted, which is more than the average trading volume.
Definitely something going on, wish I knew if it was positive/negative. Getting tired of the guessing game, this is the most frustrating company I've ever come across. So you'll be happy to hear I'm taking your advice. Giving it til the end of the month and getting out, even if it's at a loss.
1,201,288 shares traded so far today. Curious as to where on earth they came from?? Is this what happens when previously restricted shares become free trading? WOW GCEI! Someone care to explain all the insane manipulation that went down today?
Once again hope you are right, they have much to gain.
On the other hand they are free to sell their restricted shares after a 1 year holding period (they can sell them in increments). If you look at the number of shares that have been issued to insiders over the last year, that's a little scary.
http://www.sec.gov/investor/pubs/rule144.htm
Explains how restricted shares can be sold for both filing and non filing companies. Pay attention to the conditions of rule 144.
Still hoping for the best though :)
You are right! Definitely very very promising, just an incredibly long wait. And I hope you'll be right again when you say next PR will be something substantial not fluff. Would do a world of good for morale. Suppose I just needed to vent :)
Agreed...stagnate is the understatement of the year. What happened to the news that was promised for last week? Wouldn't some kind of an update be nice? Almost halfway through Q1 2014 and not a beep out of management.
Someone on this board last week (or maybe the week before that?) posted that GCEI is being "evaluated" by Seneca Bioenergy to see if they really have access to the money they claim. "Evaluated", sure does not sound promising. Would be awesome if management could clear things up. Also WHY the company's issued stocks have a 90% insider ownership. Let me just repeat that... the company is 90% insider held. Absolutely nothing normal about that. I'm trying to convince myself that that's a good thing. But losing faith day by day.
Would be nice not to be kept in the dark. Surely an investor update EVERY 2 MONTHS is not too much to ask for??
Arrrgh!! End rant.
Update on # of floating shares
As per Royal Bank of Canada Direct Investing the number has been updated to: 20.3623M
Also, the number of GCEI employees has been updated from 4 to 8.
No idea whether this is good or bad news.
Exactly :) That's what I posted last week as well, though I didn't go into details. For those who actually read the financial statements this is apparent. HUGE insider ownership, which may prove to be beneficial to us, as the officers will one day want to cash in on all the shares they own. They won't keep the pps down forever, it would be in their best interest to let this run. They can't dump the shares if there are no buyers... eventually they'll have to create investor awareness.
Timing is everything...
S for the longest time it's been obvious that the share price is intentionally being kept low...
I think many on this board don't get how the game is played. This will eventually run, whenever RR and management decide that the timing is right. I think you are right that they have a connection with the MMs and will use it to their advantage (hopefully to OUR advantage as well).
This may be helpful for some who want to understand Level 2 and market makers such as NITE etc:
http://stockalyzing.com/stock-learning/104-understanding-level-2-and-market-makers.html
That information is correct and valid for SEC filers - not pink listed companies such as GCEI. Thank you for the link though.
Getreal, I've called a few times on previous occasions, never got an answer only a voicemail. You are right though, that's a question for the company's officers. As for selling of stocks held by insiders, I am not a 100% sure when it comes to pink listed companies, once I have a definite answer I will post.
It's from Royal Bank of Canada Direct investing, the number is accurate. I'd send a snapshot but no idea how to attach images on here.
That's exactly my point. HUGE insider ownership. Which could be really good, meaning they believe in the company, or really bad meaning stock price can easily be manipulated by insiders. We have all seen how this stock is continuously manipulated.
My post wasn't written to be negative. But you can't tell me that you've read the fundamentals of this company and haven't questioned it.
# of Floating Shares is 35.262 million
that's right, only 35 million, out of the 199.7 million outstanding.
The number of shareholders as of end of June was 191. The number of shareholders as of end of Sept was 191. Zero change.
A ton of shares have been issued as payment for services, payment as settlement for this, settlement for that.
Please explain to me how the # of floating shares doesn't raise a serious red flag and a whole lot of questions.
Has anyone on this board actually read the financial statements the company has been posting?? Just curious...
Last I heard there was such a thing as freedom of speech. So, I have an idea as well...maybe take that into consideration next time before you respond so ignorantly.
Always have, always will, and I do my own DD. No thanks to the daily brainwashing attempts of certain posters on this board. Though it does seem to be working well on others.
I do appreciate the hard work and positive attitude of certain people - a huge thank you to JFB for his work on this board. But the constant "news coming soon", "keep loading, it's a no brainer", and other garbage posted on here daily have seriously gotten to me.
1jk1, loading / averaging down is a no brainer and makes sense if you know where the bottom lies. So instead of preaching to others to keep buying, why don't you yourself keep pouring money into a stock that has done nothing but dropped into almost oblivion. The way things are going this is headed to the 000s. Unless GCEI management decides to actually ACT on all their promises. Which are of course all pretty much non binding LOIs.
Like others here, I'm hoping for the best. But let's wake up here and be somewhat realistic. Have ANY of the PRs actually come to fruition? I do understand things take time... but come on.
The weekly "news coming soon" act is getting old, especially to those who have been waiting for things to happen for over a year.
Yeah... lack of info - like you said the last PR is over a month old, and the complete lack of investor interest is pretty discouraging.
I believe last week people were desperate to get filled at .018...now not a single trade in the .015s.
Come on GCEI management...January is almost over and nothing to share with your investors?
Holding but VERY frustrated. I do think JFB is right and they did a good job on laying the foundation. Would be nice to see the pieces coming together though, even just ONE piece of the puzzle.
PDQ among the most actively traded companies on the TSX, TSX Venture Exchange markets! (Jan. 15, 2014)
http://www.timescolonist.com/business/most-actively-traded-companies-on-the-tsx-tsx-venture-exchange-markets-1.790569
Great!!! Finally some good news :) We can definitely use your positive outlook and good attitude!
I will for sure let everyone know if/when I find something useful.
The only person who EVER responded to any of my attempts to contact them was Anthony Saviano (he's since been fired or maybe he resigned).
I'm going to paste the conversation I had with him (I was pretty frustrated at that point), read the emails from the bottom up so it makes sense... Useless - he totally brushed me off, but at least he took the time to respond.
From: <asaviano@chamatech.com>
Date: Mon, Nov 19, 2012 at 1:56 PM
Subject: RE: Clarification
To:
Hello there,
Please bear with us. I cannot tell you the details but, more information will be disclosed in a timely manner. I am sorry for your frustration, but , I cannot disclose to you things that are not to be made public yet. I hope you understand.
CHAMA TECHNOLOGAES INC.
ANTHONY SAVIANO,
PRESIDENT AND CEO
01.773.527.7631
-------- Original Message --------
Subject: Re: Clarification
From:
Date: Thu, November 15, 2012 10:32 am
To: asaviano@chamatech.com
Dear Mr. Saviano;
First, I would like to thank you - I sincerely appreciate the time you took to respond to my concerns. However, you state that the funding from Lambert Equity is not intended to be used to purchase the controlling interest in HPGS. This seems in direct contrast to your press release dated October 9th, 2012 (http://finance.yahoo.com/news/chama-technologaes-inc-enters-letter-202901348.html). The article clearly states "Along with the recent signing of a Special Private Placement Agreement (SPPA) for USD $50,000,000 of equity line funding with Lambert Private Equity LLC (LAMBERT) with terms that give CHAMA the right to increase the amount of the equity line funding up to $200,000,000, management of Chama is confident that Chama will have the resources necessary to make this acquisition a success for all parties."
Regarding my question as to why Lambert Equity and Condor Acquisition's websites were registered to the same marketing company, I see that Lambert Equity's registrant has now been updated. There is an added "disclaimer" page on their website which intends to absolve Lambert Funds of any responsibility with regards to the credibility of the information provide, as well as informs readers about a direct conflict of interest stating "principals of Lambert Private Equity may be officers, directors or affiliates of any of the companies mentioned on their website". Lambert's ONLY posted deal is CHAMA. This raises further significant concerns.
Please understand that my concern and frustration stems from a complete and utter lack of factual information available to investors. The very limited information that is available, simply does not add up and does not seem credible. I do hope that your plans to bring value back to HPGS shares succeed; however, once again, I would very much appreciate a response that might make this impending acquisition of HPGS somewhat more transparent.
Thank you.
On Thu, Nov 1, 2012 at 6:53 PM, <asaviano@chamatech.com> wrote:
Hello There,
Thank you for your interest in our company and its’ plans for HPGS.
To address your concerns, the equity line of credit that CHAMA received is not and has never been the vehicle that we will use to purchase a controlling interest in HPGS.
The websites of Lambert and Condor were done by the same IT guy; but, they are separate companies.
The deal CHAMA announced last night for lease rights has nothing to do with HPGS; it is a completely separate deal.
As for the share price of HPGS, CHAMA has never run this company…we are SEEKING to run this company and if we are successful, we hope to bring value back to the shares of this company.
I hope that this information has helped you to better understand the deal on the table with HPGS and to feel more comfortable about the legitimacy of CHAMA’s projects.
Again, thank you for your interest and if I can do anything further for you, please don’t hesitate to contact me again.
Yours,
Anthony Saviano
CHAMA TECHNOLOGAES INC.
ANTHONY SAVIANO,
PRESIDENT AND CEO
01.773.527.7631
-------- Original Message --------
Subject: Clarification
From:
Date: Thu, November 01, 2012 10:32 am
To: asaviano@chamatech.com, jmsaviano@chamatech.com,
admin@lambertfunds.com, Info@HighPlainsGas.com,
mitch.hawkins@mitchhawkins.com
Hi there, I would very much appreciate it if someone could clarify why both websites for Lambert Equity (supposedly providing the funding to CHAMA to purchase HPGS) and Condor Acquisitions (your latest press release) are registered to the same marketing company, Mitch Hawkins & Co. Especially with Condor Acquisition's IP address originating from the Cayman Islands? Both Lambert Equity and Condor websites use the same pictures, same format and design - clearly owned by the same people. I believe HPGS shareholders deserve some kind of an explanation or at least some form of clarification as to what's going on, as everything about these current press releases - these supposed "acquisitions" scream that it's a scam. No wonder it has become a sub-penny stock. Please respond, and please clarify.
Thanks very much for the reply. Super frustrating to say the least. According to the Royal Bank of Canada Direct Investing (my bank) the current executives are:
President, Chief Executive Officer, Director - Edward Presley
Chief Financial Officer, Director - William Helfer
Director - Robert S. Coates
Here are links to their FB profiles, though that won't do anyone much good.
https://www.facebook.com/ed.presley.10
https://www.facebook.com/bill.helfer
https://www.facebook.com/stan.coates.3
This company had so much potential at one point, sad that it has been so incredibly mismanaged. I hope to god it does not end up being some pump and dump.
Hi there, is there any way to confirm the name change? I can't find anything. Would you happen to have a contact info for the company (any of the officers?)
I've been trying to find anything useful, but like you said the last filing is from August.
The hpgs website is down and they have replaced it with www.mcfenergy.biz. I believe they fired Anthony Saviano from CHAMA. They actually INCORPORATED MCF Energy this time, before it was just an LLC. They are doing SOMETHING, I just wish I knew what on earth. I searched WHOIS, the domain for MCF was registered in October 2013 so the website is brand spanking new. They only registered it for one year though, expiring in Oct 2014.
Anyone who is willing to share any info?? It would be greatly appreciated.
Very well said :)
It's really nice to finally see GCEI being picked up by other news sources, the Oil & Gas Magazine also posted yesterday's PR. Hoping that slowly but surely this will create some investor awareness and things will start moving.
Maybe we'll start seeing a little less skepticism.
http://media.mwnewsroom.com/OGM-OilGas/Global-Clean-Energy-Inc-Updates-Finger-Lakes-New-York-Waste-to-Fuels-Development-1792484
Did not realize the post was deleted but I'm glad, I read it earlier and thought it was completely unnecessary and rude. As for the rest I think it was a simple misunderstanding of the PR. Something that may have been clear to you and I, may easily be misinterpreted by someone else. Either way, I'm all for keeping things civil - I believe we are all here to see the company succeed, right?
Well I'd say that the wording isn't all that clear, but I'm pretty sure they meant 25 mil for the whole thing as in to get it up and running with employees, technology, admin expenses etc. I have no idea why you were called a "basher" for asking a simple question, that was way out of line. You'll notice a trend here, if you question anything and don't end your post with GO GCEI!!!! you are likely to get your head chewed off, even if you happen to have a legitimate question. Don't expect any help here unless you are completely and utterly PRO GCEI.
On the bright side people... some PR agencies are starting to pick up on GCEI news and are starting to tweet and post about the company on their websites.
Global Clean Energy, Inc. Updates Finger Lakes, New York Waste to Fuels Development http://t.co/Sg0nad4CKp #cleantech
— SharePitch (@SharePitch) December 17, 2013
You are most welcome! I believe the volume is going to stay relatively low until GCEI announces some sort of news with regards to financing. Hoping for the best!!
Hi shanak, if you simply click on the link that 1jk1 sent it will take you to the subscription page. BUT... if you go to google and do a search on "global clean energy inc wall street journal" it will bring up some search results, and the very first link will be the actual Wall Street Journal article on the official Wall Street Journal website - you should be able to see it no problem. (it's a bit of a cheat, but it works). It's an exact copy of the marketwired news release though, just so you know.
I think today's news was great - and for once well written, informative and factual. It's no longer crammed with ridiculously redundant acronyms, as per Randy's usual PRs. Keep the good news coming GCEI! I personally think amazing things will be happening in the new year! So I hope anyway :)
CD it's great to see you back on here, your posts are always well written and to the point, I for one definitely value your opinion. I also recently added to my position. I totally agree with you, you said it best - real groundwork will yield real results. GCEI has been hard at work (though I don't have much appreciation for Randy's writing style) but they are most certainly keeping busy and getting there step by step. They are finally getting some publicity by a few newspapers, which is great.
If you pay really close attention, one of the hard hat pictures that Brian posted from their Europe trip on Twitter was taken at Axion Polymers, in their director Roger Morton's office. (http://www.axionpolymers.com) Though I have no idea what the relationship between Axion and GCEI is, I am hoping to hear some good news sometime soon.
I'm also really hoping for some uplist news soon, according to Brian it should happen this quarter. They were previously SEC filers (http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000751406&owner=exclude&count=40&hidefilings=0) and are Pink Current now, so it shouldn't take much. As an "OTC Pink Current Information" company, the company is required to post quarterly and annual financial and disclosure reports on the OTC Markets site. This information is then available for the public (investors) to examine. As an OTCQB company, the company is required to have its financial reports audited by a Public Company Accounting Oversight Board Accounting Firm (PCAOB). These financial reports as well as disclosure and other reports are filed with the Securities Exchange Commission.
There are no requirements other than to be an up to date SEC filer (neither financial or qualitative) to uplist to OTCQB, so I have a feeling it will happen any day now.
Hope you are enjoying BC it's so beautiful there! Great move on your part :)
Did everyone see what just happened all within 5 minutes? You know a stock is being manipulated when....
WOW, that's all I'm gonna say. Way to keep prices down intentionally.
Thanks for trying getreal... If you do happen to get through would you ask about how they plan on meeting the min requirements for an up list? Reverse split in the works? Just curious.
About Brian's last tweet directed at Bongani, she's the managing director and CEO at Intens Engineering in South Africa (www.intens.co.za), she contacted Brian and wanted to set up a conference call, possible partnership there? Would be nice to hear some positive news, something concrete not just merely forward looking. I hope you will be able to get a hold of someone!
Sure hope your math is right :) Looks / sounds good to me! Q3 report was posted Friday but the PDF file is broken and won't display. http://www.otcmarkets.com/financialReportViewer?symbol=GCEI&id=112833
Either way it's great to see things finally moving, to me at least it looks like the pieces are falling into place. Good things come to those who wait :)
Great news! In addition to that, Full Circle Renewables is finally live and looks awesome!
http://www.fullcirclerenewables.com/
Lets hope the good news keep coming guys!!!!
Not necessarily. There should be a balance however. A top management team would be aware that investors need to stay informed. I don't think that asking for an investor update once a month via press release is an unrealistic expectation. I do agree with you though that there is a huge upside potential!