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Investing in GCEI is like stepping into an empty elevator shaft. Be prepared for a long, painful fall with no upside.
Ha! They are already well past their original promised end of April and past the 10 days.
GCEI doubled the authorized shares just a couple years ago with no shareholder notice or vote. So why do you say it would never happen?
GCEI IS INSOLVENT!!!
GCEI IS INSOLVENT!
GCEI HAS NO ASSETS.
GCEI IS INSOLVENT
No because I think there is a pretty good chance GCEI issues a press release by then saying "news is coming by the end of May" or something similar.
What's your definition of news? Is there any qualitative aspect?
When did they first announce they were looking into lawsuits? Wasn't it over a year ago or maybe even two?
Where is that written? So when the OTC rules say a quarterly report is due 45 days after the end of the quarter they mean business days?
What did their promise say? Days or trading days?
Wrong. You are not taking my word for it, you are being provided with official government documents showing that the patent is EXPIRED. There's no advice--just facts, buddy.
You are doing something wrong if you are not finding the patent. Make sure to select patent number and use the standard commas in the search. You will confirm that it is expired.
And incorporating prior patents into new patents does not relieve you of the obligation to protect and maintain the old patent. If you let the old patent lapse it is gone.
Thank you for your response. Since I am an attorney with an expertise in patents, I guess you are taking my word for it.
No question. Just correcting the record. GCEI has no patents and the patent that Jim cited is expired and dead because required fees were not paid as shown on the official US Patent and Trademark Office records. He then responded that "plant" patents do not require fees and seemed to speculate that because GCEI claims to be building a tire to fuel "plant" in Illinois, this exception may apply. I then responded that a "plant" patent is plant as in a biological organism (like corn or soy beans), not an industrial plant like GCEI claims to be building. In other words, I proved conclusively that GCEI has no patents. Any questions?
It's a concept called "prior art." To patent anything you have to cite to anything similar that existed before your invention and explain why your invention is new and different, even if the "prior art" is an invalid or expired patent or even if it was never patented.
I just posted a current screenshot from the official US government patent office showing that the patent is EXPIRED. As in kaput, dead, gone. What don't you understand about that?
When they say plant patent they mean literally-- like leaves and bark and flowers, not an industrial plant
Ok so humor me. Where is the patent you identified listed on the balance sheet?
Read the section header: "Our business uses non-exclusive licensed technology, which may be difficult to protect and may infringe on the intellectual property rights of third parties."
A patent represents an exclusive right. GCEI claims only nonexlusive rights and licenses. They have no patents.
Furthermore, patents, nonexlusive rights and licenses are all assets that should be on the balance sheet. GCEI lists none on its balance sheet, so it is clear they have none.
Patents are intangible assets. So they would be listed in the assets section of the balance sheet. So, can you point me to where it is?
That's not what it says. It says the opposite. It says they have no patents and have to rely on nonexclusive technology.
Hey trapper Jim if the patent is worth something where is it on the asset side of GCEIs balance sheet?
Did the Algae REIT thing come out yet? Been almost 10 days!
What's perfect about this?
ALL OF THIS IS UNTRUE as explained below.
It's the opposite. It is saying GCEI has a 96% chance of failure.
"Based on latest financial disclosure Global Clean Energy Inc has Probability Of Bankruptcy of 96%. This is 149.74% higher than that of the Industrial Goods sector, and 88.38% higher than that of Waste Management industry, The Probability Of Bankruptcy for all stocks is 149.29% lower than the firm."
What are GCEI's assets?
If GCEI does not release news, or the news is a dud, in 10 days they promised, will you admit it is a sham?
From GCEI's own mouth:
"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."
Global Clean Probability Of Bankruptcy = Normalized Z-Score = 96 %
https://www.macroaxis.com/invest/ratio/GCEI--Probability-Of-Bankruptcy
GCEI GETTING CLOSER TO BANKRUPTCY!!!
Patent is invalid.
The market is clearly watching closely and has signaled what it thinks of the stock with today's trades.
Why would people be nervouse?
Huge amount of blind faith in management with an awful track record.