"Wise men learn more from fools than fools from the wise"
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Unfortunately charts mean nothing when a company is diluting because added supply is hitting the market.
This 10-11 million shares added I calculate to be about $24K in notes, give or take a few bucks.
IF that were all that was converting, then it wouldn't be a big deal.
There are 80K in notes from LG and JMJ, plus the Vis Vires note that are coming due.
Question is are only 1, 2, or all 3 going to hit the market, or does our CEO finally step up and get something done. I'm thinking the answer is unfortunately, NOT 1.
He certainly didn't look out for me and my investment, so I no longer look out for him.
I'm not so sure about that. My calculations is 27K with these 2 draws. What note is approx. 27k??
We need to know what Asif is doing with these other notes, IN WRITING. At this point, his word is less than golden.
Anyone lucky enough to get a response?!?!?!
Unfortunately yes. Another 6 mil...'
GREEN PARTS INTERNATIONAL, INC.
NUMBER OF ACTIVE STOCKHOLDERS:
TOTAL REGULAR SHARES:
TOTAL RESTRICTED SHARES:
TOTAL SHARES:
3883 11/10/2015 11/10/2015
54
131609246
43733104
175342350
C E R T I FIE D
S I G NAT U R E
B Y
No, I dont think that is the case.
I think it is a CEO who ran onto some hard times, but was sloppy as hell in executing a plan that would keep its shareholders whole.
This is the last one of these I play to the extent that I have..........
These CEO's need to be held accountable and get away with "murder".
These notes need to be PAID OFF in any way possible and the past PR's need to be clarified at this point.
Hahahahahahahaa......for the past few months here, I've been relatively quiet for there was nothing to say.
Needless to say, I have been banging down his doors to do the right thing with these notes and come public with information, especially to clarify those statements made in the prior PRs.
I've tried to protect his privacy by staying quiet.
That obviously was not good enough.
So now maybe this tact will work, if not already too late.
I hate losing my hard earned money
At some point, shareholders must be heard. This is breaking point for me.
Full contact info is here..............
Asif Balagam | Greenparts International Inc. | 844 Regina Dr | Atlanta, GA 30318 | direct: 404 794 3233 | www.greenparts.com
EMAIL is...
asif.balagam@greenparts.com
Don't have phone number handy....
Don't be hesitant to voice your displeasure directly to CEO. He should be held accountable and needs to help us out BADLY!
For the last 3 months, I have been pounding Asif behind the scenes to do the right thing here.
I was obviously ignored.
Again, at best, sloppiness. At worst, deceit.
I'm tired of defending someone who now has managed to lose people THOUSANDS of their hard earned dollars to these unscrupulous note holders that couldn't give a rats ass who they destroy.
Toxic debentures should be ILLEGAL IMO.
If it is in fact only 5 mil you are correct, the problem is we don't know what's to follow. The conversion rate for the 5 mil is approx. $13-14K. Which note was this? There is no note for that amount so do they keep converting? Now conversion is high .001s. Are there others coming?
This guy had the world on his shoulders and we would have all made HUGE amounts of $$$$ here if he did the RIGHT thing. But at this ooint, he needs to come clean with a WRITTEN statement here.
Agreed, but at some point you can't fight city hall.
Without knowing the details of how many $$$$$$$ are going to convert at the BS toxic note discounts, some are taking the position that why hold now when you know millions of shares COULD hit the market.
We were told no convertibles due until 2016 and we had refinancing over .02 a share. This was PR'd.
Now, technically the maturity date could be 2016 but conversion time could be earlier than that. So, while legally he was correct, it certainly doesn't leave a great taste in your mouth.
He already fooled me once when he PR'd that the old notes were completed. While technically and legally that was true, he conveniently forgot to tell us that he signed NEW notes in their place. I gave a one time pass.
What happened to our savior at .02+++ a share taking these notes over?
At some point, you can't defend these actions and CEO has to step up and clean this stinky POOP up.
The decrease in revenues is mainly due to the lowering of value in the metal industry yes.
The decrease in shareprice is mainly due to the convertible notes that hit and appear to be hitting now, and the markets well-deserved skepticism of Asif and the quiet few months we've had with no updates, and representations made by way of PR.
Not much to argue with you there.............
We all await OFFICIAL explanation as to WTF happened here. I have pushed 1000000 times for him to understand what a PUBLIC COMPANIES RESPONSIBILITIES OF CEO is.
I will reserve judgment at this point as to what I think until we get official word as to WTF happened and what is happening with these notes. It will fall between sloppy and an outright liar.
Time for Asif to get out of his foxhole and start answering questions....
Asif needs to come out of his foxhole and realize he is CEO of a PUBLIC company. Need a catalyst to get this moving towards where it should be.
Yah, at first when I saw Mellon Financial I thought maybe institutional investor coming in....but I agree.
However, interesting it is a 13G vs a 13D that was filed.
Yah, this is the link.....same guy with updated info as I posted before.
https://www.linkedin.com/profile/view?id=ADEAAAEW4fEBGhTk-lq0Yt0tOsv2b9hvf32TNA8&authType=NAME_SEARCH&authToken=4AiD&locale=en_US&srchid=402993971446132047731&srchindex=1&srchtotal=3&trk=vsrp_people_res_name&trkInfo=VSRPsearchId%3A402993971446132047731%2CVSRPtargetId%3A18276849%2CVSRPcmpt%3Aprimary%2CVSRPnm%3Atrue%2CauthType%3ANAME_SEARCH
There are 3 John Kacinkos I found on LinkedIn, but only ONE John THOMAS Kacinko!!!
VERY VERY LARGE HMMMMMMMMMMMMMMMMMMM>...................
https://www.linkedin.com/profile/view?id=ADEAAABKelUBb7QzlMJc01gY14XhWl31H0edOls&authType=NAME_SEARCH&authToken=0X7-&locale=en_US&srchid=402993971446131612712&srchindex=2&srchtotal=3&trk=vsrp_people_res_name&trkInfo=VSRPsearchId%3A402993971446131612712%2CVSRPtargetId%3A4880981%2CVSRPcmpt%3Aprimary%2CVSRPnm%3Atrue%2CauthType%3ANAME_SEARCH
Same share structure, got email this morning. 120 float, 164 O/S.
Need that followup volume on the breakup value here!!!!
I can only hope your buying target is .05 and below, and your goal is 40 mil shares. I bet your group has $$$$$$$$$$$$$. Go get em kid!
Probably will need that 1 mil share askwhack to get us into the .007s........
JOEY had a revelation!!!! Now he will be screaming we are going to the mooooon, .05 and above!?!?!?
And his investment group reconsidered and thinks this is the best opportunity out there, NASDAQ, NYSE, or OTC!
Weeeeeeeeeeeeeeeeeeeeeeeeeeeeee
Sounds great in theory, however, need a provision in there no more convertible debt.
I would pay towards that.........
GNPT is being accumulated here at .007. 120 Mil Float! Chart curling upwards here, great entry.
GNPT is being accumulated here at .007. 120 Mil Float! Chart curling upwards here, great entry.
Everyone follows volume. Since no PRs recently, everything has quieted down.
Need at least 10K shares to show on L2
Agreed on GNPT. We already have PR's that hint that they will not have anymore convertible issues and we have already seen what GEQU has done with that road map!!!
GNPT starting to perk. 120 mil float and looking to bounce big time.
Once again, he has been told and is well aware the fate is in his hands. Heck, he has personal money he should shell out as last resort to protect his own holdings I would think!!!
I absolutely agree with you 100%.
I hope CEO knows the golden opportunity here if he does the right thing. The playbook has already been written for him!!!!
This one has 1/2 the float, way fewer O/S, more assets, and more revenues than GEQU. The only thing missing is Asif's commitment now to keep share structure integrity.
If we issue PR like they did saying no more convertible debt now or in future, .05 will be EASY EASY EASY!
We get this volume up a bit more and the .007s and the scanners will start buzzing buy here!!
GNPT beginning to curl up after major pullback, huge entry point here with only 120 mil shares in float.
GNPT curling upwards here, 120 mil float. Perfect entry point IMO.
GNPT is inching up, with a 120 MIL FLOAT ...... should be pulling a GEQU with its financials.