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I don't see any movement this week. There has been nothing to indicate any change from the IR or from management of the company. No one has said that this is the week for news except people speculating on this board itself. I would love a surprise news announcement but just don't think it will happen this week.
I agree. The only thing I do not understand is why no interim PR to inspire new buyers and keep present owners relaxed and informed.
Has anyone talked to the IR lately ???
Re-read post #21086 and you will see this link:
www.otcreporter.com/Reportdetails.asp?rptid=257.
Re-read the info provided in the link and look for the words datacash (under company overview) then review the link below:
http://www.datacash.com/about/about_csc.php
There is more to all of this than meets the eye. I sometimes think they are not showing their cards unti the appropriate time for very good reason. We must just be patient.
Ps: Headed out of town, my last post until Jan. 5TH
Well, lets face it, those of us who are here have no reason to abandon the stock now. That would be the worst thing we could do. So what do we do. We patiently wait because, at this point, it's whatever will be, will be. No need for anyone to rave about it and no need for anyone to condemn it.... Just be patient and wait. Meantime, just relax and have a great holiday season.
PS. My last post until January 5th.
Very true. Just jolts me every time it happens.
I would like to know the answer to that also. What is that about?? Traded up for 3 days running and someone sells 5000 shares and it drops a tic. Anyone have a reasonalble explanaion.
Biz, I own no where near as many shares as you but wish I did. I hope you are right about the payoff and I certainly appreciate the good wishes. Yes, my mind has wondered and the numbers are shocking. I ,like the rest of us, am hoping for that Christmas present next year and I think it has it's possibilities. I wish well and A Merry Christmas also but hold up on that massive coronary please.
Some market, some limit. I don't see where that makes a difference reference this subject.
Well sir, I don't know but my TDAmeritrade account shows my cost at .0031 but that is before their commission. When I add in their commission, I get .0048. And when I multiply my number of shares times .0048, it equals my total investment in this stock. I don't know any other way to figure it.
I understand this but not sure I can explain it and I am not sure anyone will find it of interest but I did so I put it out here. I have been with this stock a couple of years (PNHL/GTLA). My original purchase price was (.15) fifteen cents. When PNHL converted to GTLA, there was a very nasty reverse split ( 2000 to 1. ) I felt very bad about that but I continued to follow GTLA. When the price got lower, I purchase more and then it got lower so I purchased again. This has allowed my avg purchase price to be reduced to .0048, which included TDA's commission. So I got to thinking how does this affect the reverse split. When I calculated it out, I was surprised at the outcome. At the current price (I used .0003), the split comes out to 16 to 1. So if the stock rises 16 times, it equals .0048 and I am in the green. Still not good but not as bad as I thought. I figured it a couple of ways but the easiest was to take the original total amount of money I have in the stock and divide it by the current amount of money the stock is worth at .0003. I am not even sure this is logical thinking but I think it is correct. One thing I am pretty sure of is someone goona let me know.
Because documents I have seen in the past showed GTLA as a subsidiary of Planet Nutrition and I know the owner of Planet Nutrition is Dan Starczewski and I know that he is somehow involved in GTLA. Additionally,I know he is involved in Sovereign Card Services and possibly one of the main people involved. When you talk to Tom Parilla, ask about Dan. That being said, I agree with you, Sovereign will now be the dominant business. How and where we got to this point is not near as important as where it is going from here. Nothing, Nada, Zero is most likely correct but it is certainly of interest to me as to who is running the store and that is why it is so important to me that they come out with it and the sooner the better.
The plot thickens.
Good question. I've been in since Dec. 07. I am not going anywhere. It is sink or swim for me.
Some history for those of you who don't have it.
GT Legend Automotive Holdings Inc: Company Report230 East WT Harris Blvd.
Charlotte NC 28262
http://planetnutritiononline.com
Phone: 336-7230908 Fax: 336-7235544
Industry : Grocery StoresEmployees : 0Exchange : Other OTC Issues
GT Legend Automotive Holdings, Inc., formerly Planet Nutrition, Inc., is a retailer of products and nutritional programs in the diet and nutrition industry. The Company offers a line of products from nutritional and diet products manufacturers, and laboratories. It offers nutritional supplements, such as vitamin, minerals and herbal supplements, sports nutrition products, and diet and energy products. It also offers tanning lotions, tanning beds and fitness equipment from manufacturers. The Company markets its products through partnerships with manufacturers and distributors, collaborations with fitness centers, company stores and online sales through its Website, store.planetnutritiononline.com. In May 2008, Planet Nutrition Holdings, Inc, its parent company, acquired I M & M Exercise Equipment Inc., a subsidiary of Extreme Fitness Inc.
Lebron, I think you missed the point. In Vegas, sometimes you win big and sometimes you lose big. This stock is risky and a gamble so he is suggesting that you not invest money that if it goes the wrong way, it doesn't destroy the important parts of life. We are with you and none of us invested in it to lose. You are for sure right that we don't know when the news is coming but all we can go on is what the IR said and he said "soon". That was apparently the wrong thing to say because it created expectations that are not happening. I feel he misled us on that one and that why many on the board are upset. We just need to be patient and wait for it. It is going to come.
That could not have been said more perfectly !!! I agree with all of it. Good job stock !!
Totally agree but why no interim PR. It just seems to me to be the logical thing for the company to do. I have beeen told that it is Michael Prateley who says no to an interim release and that his logic is why put out an interim when we are so close to a full information disclosure. Problem is that was three weeks ago.
Skies, GTLA business is register in Nevada with an office in Fullerton. You can search google map with the address and see it is in a building shared with two other companies. The main partner in GTLA is Dan Starcsewski who runs a company that is part of GTLA. It is Planet Nutrition in charlotte NC and you can find info on them planetnutritiononline.com. The whole thing is up in the air right now because back in Sept. there were several PRs released touting a new business formation called Sovereign Bank services. It sounded very promising but then they dummied up and the only info we have been able to get since that time is from Tom Parilla, the IR (ph 814-824-4326). He has told several of us that, in fact, the company is forming and is about to release a major PR followed by many additional positive PRs. This all started about two weeks after the last PR and has been going on every since. Everyone, including me is tired of the continued delay and we are all putting our faith in one person and trying to back up what he says with research on what he says. I am still believing it is coming but I am uncomfortable with the delay and the fact they have released no interim PR to give us something to go on. I feel if they do not release some form of PR soon that the jig will be up and we will all be going elsewhere.
I talk to them once a week and they (the IR guy) have assured me that no RS is being considered now or in the immediate future. This is pretty shaky and risky and I keep telling everyone to be patient and not to put any funds into this that you cannot afford to lose. I think it has a lot of potential to do very well once it is up and running but there are a lot of individuals involved in the start up. So long as they all work together and no one gets upset and they do what I have been told they plan to do, it sounds like it could be successful but there are certainly no guarantees.
Why I am sticking with GTLA. Halifax,I am not saying your are wrong, I am only stating a portion the info I know for sure and asking everyone to think for themselves. I wrote the following post about a month ago and am just reposting it. I have a lot more info now and still feel the same as when I wrote the post below.
Why I am sticking with GTLA ! Bottom line is I feel like I know some of the history and I feel it will someday be grow into a large corp. My reasoning is: I started with GTLA In December 2008 when it was PNHL (Planet Nutrition Holdings). I got excited about the company so I began to research it. I couldn’t find out a lot on the net so I combined some pleasure trips where I came close to their facilities in N.C. so I could visit them. I was impressed with their retail outlets (they sell nutritional supplies) in stand alone buildings, in strip malls and in fitness centers. I talked with employees in these facilities and found that they liked their company and their boss/owner Dan Starczewski. At the time, PNHL was acquiring Extreme Fitness, a body building equipment manufacturing company in Colorado. So on a trip I took three months later, I visited this facility and found the people to be “for real” and gracious to me. (I have pictures of all of these locations). Then I found later they acquired Spectrum metal works. I do not know anything about that company other than the acquisition was completed in April 2009. Then GTLA was formed and my invested dropped like a hot potato. I was shocked and concerned but stuck with it and have bought more. This brings us to the latest round of M&A. I am nervous but as I said above , I feel comfortable with Dan Starczewski . I believe his motives are honorable and intended for growth. That is why as I stated above that I feel it will someday be a large corp. I mean, at this time the potential is as follows: a growing nutritional distribution business, a growing weight lifting manufacturing business, the Capella chrome possibility, an apparent metal works company, and now if the current m&a occurs, an expanding foreign market with Sovereign cards, Pods machines, and possibly more that I am missing. Additionally, many of these companies are in the green areas of technology or are businesses that are useful to many, many people. The sights are set high and no one knows the future but I am hanging in there and know that what will be , will be. So with this history, I’ll take the chance.
This post is not related to any other post . It is my own feeling and is as factual as I know it. It is not intended to sway anyone to buy or sell this stock. I put it here only to share my feelings and the information I have, just as I hope others who have info on the company will share it with me. I thank you for taking the time to read it.
www.planetnutritiononline.com
http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=3622726
Merger/Acquisition
April 9, 2009 Spectrum Metalworks, Inc.
http://www.sovereigncardservices.com/
http://www.greenlinkinteractive.com/
Me too, my avg buy price is many, many times higher. If I had the doe, I would be buying.
I am starting to wonder about this. I can't see one, two or three sellers dumping this many shares at .0002 with the possibility of major news around the corner. I am starting to think this is the company as they do have approximately 250,000,000 shares left in the AS. I was told several weeks ago that they did not plan on issuing those shares but that could have changed. I have been told for three weeks news is right around the corner but it seems the road keeps getting stretched. It is really starting to make me wonder ??? It will be interesting to see what the IR has to say now.
Yep, I hope the IR is being straight and so far have no reason to doubt him. I have done what I can do "to trust but verify." I have checked the names and info via what other sources I can and so far so good.
Please read. Well, hold on, this could be good news. I just spent 40 minutes on the phone with the IR. First, the large sales Fri and today were mostly one person who has been very interested in the stock and has been accumulating for some time expecting news just like the rest of us. Difference is, he had a margin call on another stock come due and had to give up GTLA to pay that off. The IR believes that person fully intends to repurchase GTLA asap, especially if the PR is released. That could well drive up the PPS. Reference the PR, the IR had the same basic story. What he has been told is the merger is complete and there are no problems. He is not sure why they have not given him the PR and is being told hang on, it is coming. I said "well you haven't gotten it today so tomorrow's 8:00am is out."
He replied, "not true, sometimes I don't get them till later on in the evening and if I get it tonight, I will put it out tomorrow morm." We talked about many other issues I just can't remember it all. I did get a lot of info reference relationships of the people involved and the relationship the companies involved. It was a good and interesting conversation. I feel better and hope I have conveyed that feeling. As far as waiting till the first of the year, reply was "there are no plans or reasons for them to do that."
Didn't last too long. Just ain't much to say until they get it together. I am beginning to think this merger and what they are trying to accomplish has gotten a lot more complex than they/we expected. I also think the process could be evolving into something bigger and bigger and possibly things are getting added on and therefore taking more time. Just thinking out loud; nothing really to base that on.
Where have you been? Read my post #20689. It is dreamy but has the answer to your question in it. The main merger is that GTLA is aquiring Sovereign Card Services.
Ref: Bonus shares. As CEO, I want Gunther Than to get bonus shares. I want him and everyone in the company to do well. My PPS depends on them and I want them happy and making money/shares. Besides, the bonus shares were probably issued in lue of cash to reduce costs.
All please read. New to this board and gotta say after some d/d and review of posts that there is an on-going battle: batscam vs the board. Batscam -- I like a lot of what you say but much has not come true. Your negative comments go back 1-1/2 years. This company is 20 yrs old; has made some mis-steps but overall has not only survived but done some very good things. They are now going more global and appear to be getting their financial house in shape. Several rough years but looks like they dug in and are coming out of it. Yeah, they have a struggle ahead but give them some credit for hard work they have done and proper SEC filing. You have apparently been burned badly by Gunther Than, at least that is the way your posts appear. If that is true, I have empathy but revenge is not the answer. To all others, I am glad to be here and will try to post meaningful, helpful, honest info. Hope you all do the same. Lay off of character assassinations. Thanks for reading -- JohnnyJay
JAAK, read my #20871.
They are all over this site. Just go to the top of the hub, click on hot! Find active boards and click on it then look at individuals number of posts and start following your favorite. You will be amazed. Knock yourself out !!!
Johnny Jay
PS: If you are a married person, take care of business first because your gonna be busy for a while.
I am a newbie and I like VSYM and Gunther Than a lot. I will be new to this board
Same things he has told all of us. It seems a little too complex to be fabricated and I have verified the people involved on other sources such as linkedin and Manta. As far as I can tell, it is for real. I think they are planning to go big; whether they are able to pull it off remains to be seen but if they do we will be winners.
jet, welcome aboard !!
Well, I feel it is certainly someone who knows what they are doing and they certainly have a purpose in mind. I would just like to know what it is, why they are doing it.
I say don't worry about it. When it starts going up, they will have a harder time. The only thing that worries me is that they're are no ihub pro-penny pickers on this board and I would think the word would have gotten out and some of them would be on board. Maybe there are some and they are just watching and not writing.
True, they do. I have all the shares that I feel secure in buying but if I had money in my account, I would certainly be watching for the news. This has gone on so long, I think they are possibly a lot of people watching and waiting.
Just a theory but I think the ask price is trying to move to .0004 so the market makers are dumping to keep the ask at .0003 so that when the merger happens, they and anyone else who is quick enough can still get it at 3. Anyone else have any thoughts?
Ya best hurry.