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1 year $0.25
5 year $5
I don't know, maybe your brokerage is a self clearing firm. I posted a link to the DTC OTC listed securities, MYEC was not on it.
The bid needs to be raised to .4 or above
@BrianLevineGCE Mr. Levine, are the proper filings going to be in by 6/12 ?
Brian Levine
?@BrianLevineGCE
@bosacker2001 This is being expedited. I'm told up to 15 days, I expect better.
Thanks bosacker
Here you go ala google translate
800 Victoria Square , 22th Floor, Stock Exchange Tower , PO Box 246, Montreal ( Quebec ) H4Z 1G3
Tel. : (514) 395-0337 * Fax: (514) 873-6155
DECISION NO: 2014 - CNF -0135
CASE NO : 35676
Subject: Global Clean Energy, Inc.
Cease trading in securities and notice under section 318 of the Act
securities R.S.Q. , c. V -1.1
Global Clean Energy, Inc. (the " Issuer") is a reporting issuer in the OTC market in
Quebec subject to Regulation 51-105 Issuers Quoted on the OTC markets
Americans R.R.Q. , c. V-1.1 , r. 24.1 ("NI 51-105 ");
The issuer has failed to file with the Autorité des marchés financiers (the "AMF" ) the
documents and information (the " failure ") required under section 73 of the Act
securities R.S.Q. , c. V-1.1 (the "Act ") and Article 5 of Regulation 51-105 ;
Having regard to the opinion of the Principal Investment Funds and Continuous Disclosure ( the
" Principal ") it is in the public interest to issue a cease trade
on the values ??of the issuer following the failure by the issuer to file documents and
information required under the Act and Regulation 51-105 ;
Having regard to the opinion of the Principal that there is urgency to deliver this decision or any
deadline to allow the issuer to submit its observations may be detrimental ;
Having regard to Articles 265 , 267 and 318 of the Act;
Given the delegates in accordance with Article 24 of the Act powers on the AMF
financial , R.S.Q. , c. A- 33.2.
Accordingly , the Authority:
prohibited Global Clean Energy, Inc. and its securityholders , brokers and their
representatives and any other person , any activity related to operations on
securities of the issuer because it did not comply with their obligations under
Regulation 51-105 .
Be advised that this decision is valid for a period of 15 days. anyone
whose rights are affected by the decision may , within 6 days of its receipt, present
representations to the Authority by transmitting to melanie.hamel @ lautorite.qc.ca or by mail to
the address below.
The Authority may revoke this decision under section 318 of the Act if the issuer
remedy the breach satisfactorily.
- 2 -
CASE NO : 35676
800 Victoria Square , 22th Floor, Stock Exchange Tower , PO Box 246, Montreal ( Quebec ) H4Z 1G3
Tel. : (514) 395-0337 * Fax: (514) 873-6155
Notice under section 318 of the Securities Act
Be advised that , if the issuer fails to remedy the breach by 12 June 2014 , the Authority
intends to impose a new ban on trading in securities under Article
265 of the Act for the shares of Global Clean Energy, Inc.
You can submit your comments or produce documents to the Authority
before it declares the new securities transactions ban. Please
send your comments to melanie.hamel @ lautorite.qc.ca or by mail to the address
following :
AMF
Direction of the continuous disclosure
800 , rue du Square- Victoria, 22
floor
P.C. 246, Stock Exchange Tower
Montreal ( Quebec ) H4Z 1G3
For further information , please contact Mélanie Hamel agent
auditor, by phone at 514 395-0337 , ext 4454 .
The prohibition is 28 May 2014 .
Josée Deslauriers
Principal Investment Funds and Continuous Disclosure
MHA / jfl
Global Clean Energy, Inc.
4150 Ste- Catherine Street West, Suite 525
Montreal ( Quebec ) H3G 2Y5
Attention : Mr. Kenneth Adessky
dc : OTC PINK
How do you feel about the following. I know it is somewhat out of date but the bold is a pretty big concern for me.
GLOBAL CLEAN ENERGY, INC.
NOTES TO FINANCIAL STATEMENTS
YEARS ENDED DECEMBER 31, 2012 AND 2011
The Company’s financial statements have been prepared assuming that it will continue as a going concern. Such
assumption contemplates the realization of assets and satisfaction of liabilities in the normal course of business.
However, we have incurred continued losses, have a net working capital deficiency, and have an accumulated deficit
of $7,812,060 as of December 31, 2012. These factors among others create a substantial doubt about our ability to
continue as a going concern. The Company is dependent upon sufficient future revenues, additional sales of our
securities or obtaining debt financing in order to meet its operating cash requirements. Barring the Company’s
generation of revenues in excess of its costs and expenses or its obtaining additional funds from equity or debt
financing, or receipt of significant licensing prepayments, the Company will not have sufficient cash to continue to
fund the operations of the Company through June 30, 2014. These financial statements do not include any
adjustments that might result from the outcome of this uncertainty.
Although we are actively pursuing financing opportunities, we may not be able to raise cash on terms acceptable to
us or at all. There can be no assurance that we will be successful in obtaining additional funding. Financings, if
available, may be on terms that are dilutive to our shareholders, and the prices at which new investors would be willing to purchase our securities may be lower than the current price of our ordinary shares. If additional financing
is not available or is not available on acceptable terms, we will have to curtail our operations in the short term.
Thanks, i ended up getting some at .0317. I am finally in the 100k share club. I am now fully loaded, and done buying (unless a very unexpected drop comes which i don't think it should. Now it is time to watch, learn, and wait for my account to turn green.
I just might, but would still like the info.
Can someone tell me what all the ask's and bid's are on level 2
Thanks
Can someone please explain to me why not all of the issuance history from 4) A. of the Q1 Disclosure statements does not show up on all or any of the previous Quarterly Reports or the Annual Reports shareholders equity?
I am honestly confused here, any help would be greatly appreciated.
Thanks 420
Can someone please explain to me why not all of the issuance history from 4) A. of the Q1 Disclosure statements does not show up on all or any of the previous Quarterly Reports or the Annual Reports shareholders equity?
I am honestly confused here, any help would be greatly appreciated.
Thanks 420
"As of May, 15, 2014 the Company has received $1,110,000 of revenue earned in the first quarter. The
Company’s cash balance as of May 15, 2014 is $1,075,000 with Accounts Receivable being reduced by
$1,110,000 to $557,045."
I agree with you 100% on both of your posts. Thanks for all your hard work JF greatly appreciated by all the investors here!
420
I just got home to look at the Q1 report and I LOVE IT. I LOVE MYECHECK! This company has now 100% proved itself to me, I understand why the long are well LONGS. I'm so glad i got in, i only have two problems, im still red (roughly 7%, i am not worried one bit thought) as i started buying right after the annual report and i don't have enough shares lol. I still have a decent amount of money in this company. I am now official going long until something tells me different.
Thanks to everybody on this board for the DD,
420
I agree, but that is expected.
At initial glance it does not look pretty, but i dont have time to look at it thoroughly. What does everybody else think?
I'm in the same boat, i have an average of .37. I'm clearly down about 52%. I still have a small position in the company and have not bought more. I can see this dropping more, which i might buy more to average down. I would need to see the company turning around financially first. I will most likely hold this till end of year, then make a decision to hold or sell(It would be a sell at the moment)
I still have hope Steve can turn this company around, but only time will tell. Saleen does make a sexy mustang.
Good luck to everybody
Would that be good thing, maybe something to do with DTC eligibility?
I'm hoping to see the Q1 after the bell today. I think it is a good possibility
Lol have you called the number yet?
Do you mean the Q1 report or a PR? Hopefully it is the Form 10...
I hope you are right, I was just trying to figure out how they are related. But now i am wondering what in the world is mydcoin. It just looks like a undeveloped website. I guess i will just have to wait and see.
You sound pretty damn sure that it will happen why?
How are Pokerstars and Itonis connected?
Whenever they want to pay the fee to uplist to the OTCQB, to my knowledge all GCEI needs to do is become a SEC reporting company and pay the appropriate fees.
A little form 10 Information if anyone was curious.
http://securities-law-blog.com/tag/form-10-registration-statement/
The Purpose of Form 10 Registration Statements
Now onto what a Form 10 registration is. As indicated above a Form 10 registration statement is used to register a class of securities. Any Company with in excess of $10,000,000 in total assets and 750 or more record shareholders is required to file a Form 10 registration statement with the Securities and Exchange Commission (“SEC”). In addition, any company, whether publicly held or not and with or without assets, may voluntarily file a Form 10 registration statement at any time. A Form 10 registration statement automatically becomes effective sixty (60) days following filing.
Upon effectiveness the Company which filed the Form 10 registration statement is subject to the reporting requirements of the Exchange Act. That is, they must file annual reports on Form 10-K, quarterly reports on Form 10-Q and periodic reports on Form 8-K. In addition, such Company is then subject to the proxy rules in Section 14 of the Exchange Act, and ownership rules and reporting requirements in Sections 13 and 16 of the Exchange Act.
- See more at: http://securities-law-blog.com/tag/form-10-registration-statement/#sthash.SD0KaUrZ.dpuf
I agree, but i am in for only a very small amount. This is a huge gamble, could be out of business EOY(i don't think that will happen, but it is a possibility). Hopefully a lot of current/future Tesla owners love the Saleen version, that could very well change this company downtrend.
What about a form 10?
http://www.investopedia.com/terms/s/sec-form-10.asp
Maybe a Form 10-12g
http://www.investopedia.com/terms/s/sec-form-10-12g.asp
http://www.sec.gov/about/forms/form10.pdf
Not all of us have been around MYEC all that long, or have the investing/trading knowledge of some of the posters on ihub. I find it really crappy that as soon as someone post something that might not be positive people jump all over them calling them a basher, stupid or a short. All you have to do is point them in the right direction
Cancel that last request i found it.
Could you help me out with a link. I am still doing dd and would appreciate the saved time lol
I found a list of promotions for myec althought the last one that was paid for was back on 11/14/2013 and was for one day they were paid 15 grand. Seven more "promotions" above that one all in 2014 but it looks like no one was paid, which is a very good sign in my eyes.
Although this site claims promotions have occurred it does not say MYEC paid for them, it very well could have been someone else.
http://stockpromoters.com/View-Stock-Promotions-By-Symbol.aspx?symbol=MYEC&ctl00%24ContentPlaceHolderyy%24Footer1%24Image2.x=3&ctl00%24ContentPlaceHolderyy%24Footer1%24Image2.y=6
You have a valid point, that could very well be a possibility. Hopefully we will find out within the next month, but as usual only time will tell.
Could some money possibly be coming from a government grant/loan or something of that nature?
I'm under the assumption that they have obtained the 55 million through some sort of financing. I do doubt they would initially drop that kind of news in the AR but i find it very odd that it says "Currently, we do not have any financing arrangements in place".
If they got a loan/loans that equal 55 million would they not have to put it in the filing?
From what i see from the annual report they do not have the ~55 million to construct the first 4 facilities. A press release from Nov. 12 2013 says they secured it(Quote below), but the annual report says that the don't have any financing agreements in place.
Can someone explain this? Having already SECURED the financing would they not HAVE to divulge this information in the annual report and if so why?
Unveils 2014 Operational Strategy and Revenue Targets
After spending most of 2013 securing the estimated $55 million needed to construct the facilities, the combined projected revenues of the first 4 facilities are estimated to be $15 million in Q3/Q4 of 2014, expanding to $60 million in 2015.
The following is from the 2013 Annual Report
Currently, we do not have any financing arrangements in place. We may need to raise
additional funds through the issuance of equity and/or debt through private placements or public
offerings to provide financing to meet the needs of our long-term strategic plan. If we raise
additional financing through the issuance of equity, equity-related or debt securities, those
securities may have rights, preferences or privileges senior to those of the rights of our common
stock and our stockholders may experience dilution of their ownership interests. Similarly, the
incurrence of additional debt could increase our interest expense and other debt service
obligations and could result in the imposition of covenants that restrict our operational and
financial flexibility. If financing is not available or obtainable within the next three months, our
ability to meet our financial obligations and pursue our plan of operation will be substantially
limited and investors may lose a substantial portion or all of their investment.
$GCEI
DD Notes ~ http://www.ddnotesmaker.com/GCEI
##### recent news/filings ~ source: finance.yahoo.com
Wed, 16 Apr 2014 20:15:00 GMT ~ Global Clean Energy Growing Management Team and Progressing With Projects
[Marketwired] - Global Clean Energy, Inc. is pleased to update its shareholders on recent developments with respect to projects and management additions.
read full: http://finance.yahoo.com/news/global-clean-energy-growing-management-201500887.html
*********************************************************
Wed, 19 Feb 2014 21:10:00 GMT ~ Agreement Signed Between Global Clean Energy, Inc. and Fortune 500 Industry Leader
[Marketwired] - Global Clean Energy, Inc. announces the completion of a long term Feedstock Agreement with Sonoco Recycling a member of the Sonoco family, Hartsville, SC . Sonoco Recycling will provide end of life plastic ...
read full: http://finance.yahoo.com/news/agreement-signed-between-global-clean-211000640.html
*********************************************************
Tue, 17 Dec 2013 15:26:45 GMT ~ Global Clean Energy, Inc. Updates Finger Lakes, New York Waste to Fuels Development
[Marketwired] - Global Clean Energy, Inc. is proceeding with Full Circle Renewables,LLC to develop an Anaerobic Digestion AD development on the Seneca AgBio Energy Park in Romulus, New York. GCE and Seneca will provide ...
read full: http://finance.yahoo.com/news/global-clean-energy-inc-updates-152645055.html
*********************************************************
Thu, 05 Dec 2013 18:04:17 GMT ~ GLOBAL CLEAN ENERGY, INC. Financials
read full: http://finance.yahoo.com/q/is?s=gcei
*********************************************************
Mon, 02 Dec 2013 14:02:00 GMT ~ Global Clean Energy Inc. Update Nova ReNew Inc. and European Trip
[Marketwired] - Global Clean Energy, Inc. believes that Halifax Nova Scotia may well be the first location for the company's Waste Plastics to Fuel Plant. This facility, in addition to GCE's planned PGM metal recovery ...
read full: http://finance.yahoo.com/news/global-clean-energy-inc-nova-140200301.html
*********************************************************
##### chart ~ source: stockcharts.com
##### chart ~ source: eoddata.com
##### company info ~ source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/GCEI/company-info
Ticker: $GCEI
OTC Market Place: OTC Pink Current
CIK code: 0000751406
Company name: Global Clean Energy, Inc.
Company website: http://www.globalcleanenergy.net
Incorporated In: MD, USA
##### extra dd links
Edgar filings: http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000751406&owner=exclude&count=40
Latest filings: http://www.otcmarkets.com/stock/GCEI/filings
Latest financials: http://www.otcmarkets.com/stock/GCEI/financials
Latest news: http://www.otcmarkets.com/stock/GCEI/news - http://finance.yahoo.com/q/h?s=GCEI+Headlines
Major holdings: http://data.cnbc.com/quotes/GCEI/tab/8.1
Insider transactions (1): http://finance.yahoo.com/q/it?s=GCEI+Insider+Transactions
Insider transactions (2): http://www.secform4.com/insider-trading/GCEI.htm
Insider transactions (3): http://www.insidercow.com/history/company.jsp?company=GCEI
RegSho: http://www.regsho.com/tools/symbol_stats.php?sym=GCEI&search=search
DTCC: http://search2.dtcc.com/?q=Global+Clean+Energy%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information: http://www.spoke.com/search?utf8=%E2%9C%93&q=Global+Clean+Energy%2C+Inc.
Corporation WIKI: http://www.corporationwiki.com/search/results?term=Global+Clean+Energy%2C+Inc.&x=0&y=0
WHOIS: http://whois.domaintools.com/http://www.globalcleanenergy.net
Alexa: http://www.alexa.com/siteinfo/http://www.globalcleanenergy.net#
Corporate website internet archive: http://web.archive.org/web/*/http://www.globalcleanenergy.net
http://www.pennystocktweets.com/stocks/profile/GCEI
##### last known share structure ~ source: otcmarkets.com
Market Value: $5,790,398 a/o Apr 15, 2014
Shares Outstanding: 241,968,911 a/o Dec 31, 2013
Float: Not Available
Authorized Shares: 300,000,000 a/o Dec 31, 2013
Par Value: 0.001
##### business description ~ source: otcmarkets.com
IC
DD Notes ~ http://www.ddnotesmaker.com/GCEI
I have a feeling after the Form 10 is filed we will see a couple PR about the SON deal and the tire manufacturer and financing. The fact that GCEI has hired 2 more employees is a very good sign. Everything is going to come together this year and start to explode next year. I can't wait to see if the revenue is as good has they are projecting.
If revenue is supposed to exceed 80 million, what do you think that willl do to are PPS. I mean the GCEI market cap is $5,790,398 a/o Apr 15, 2014 according to the OTC markets. I could easily see this breaking a dollar in a year or two.