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Once this company starts operation, it will get big energy companies offers. The technology is new and helps in different aspects in life. The waste and the energy are problems all over the world. The big energy companies are not going to let this go and be their competitive. Compare the technology to the available technologies, countries will need this more.
For sure the value will be higher than the 3.8M today's value.
IMHO.
GLTA
I believe in Energy sector. Energy is needed and it takes care of itself, once the Company starts operation. No worries.
I believe in Energy sector. It takes care of itself, once the Company is operating, energy is needed. No worries.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65768646
The Company name is new western energy. GL.
Thank you! Also, GDTK is a company with very good technology (convert waste to energy) and I believe it will take off one day and will have big profits.they recently got some funding and I believe they will be operating soon. If you have any questions, let me know. GL
Thanks!
I will read about them later, I saw one that has increased revenue 200% which is great. GL.
Good luck
The Company is new and no market yet. There was very little activity last week, for only 200 shares at $0.35. I think, if bids came in, the ask will come later; as the shareholders appear to hold their shares and not offering them for selling expecting higher prices.
There are some activities; here is the latest news.
http://www.newwesternenergy.com/newsroom/new-western-energy-corp-signs-letter-of-intent-to-acquire-texas-based-operator-3m-productions/
NWTR a new oil and gas company, it might be good to buy some while cheap.
http://www.newwesternenergy.com/
NWTR a new oil and gas company, it might be good to buy some while cheap.
http://www.newwesternenergy.com/
Can someone explain the L2 volume activity? TIA. I can't make sense of it, ask volume increased although the Company started to get things done.
http://www.otcmarkets.com/stock/gdtk/quote
The technology is good and will take care of itself, once it starts operation.
You do not need to be sorry. I understand your frustration and so everyone here. Reda has bad mgt/personal skills, because he can't manage the relation with the shareholders. I think there are better ways to get the shareholders to trust and have confidence in his words.
All what I am trying to say is that it is a great technology, funds are available, it will pay back but needs lots of patience.
GLTA
You are right, unless it happens, we can't decide what is going to happen.
If I said things in 4 months intervals, I did not mean that is what is going to happen, I was thinking that building a unit takes 4 months based on prior PR and in the worst case, they will build one after the other. I think it will all depend on the funding structuure. I know that, based on the PR, once they funded the first unit and it started operation, then they will continue funding the others. So, I assumed this also will happen with the other PG&E units.
Anyway, imho, I beleive this company with the available funds has great potentials. If they can get it to be operating, then it will move higher and higher and I believe it can have no limit.
In regards to the stock structure, if you look at XOM, CVX, and other giant energy company, they had plenty of stock outstanding at one point and then they bought it back and 50% of the shares are treasury stock.
GLTA
My last post: If we kept this board active everyday and get GDTK in the hot board, plus posting in the other boards that is mentioned by super, the stock will start accumulating a volume and will get a bid soon. Starting with 50M/day is a good start.
The Company does not worth billions, I know now it worth about 24M based on the present cash flow value. With potentail can go further. To go to the cents, it needs RS or stock retirement or buy back, but might get there if big companies saw it operating. Operation has to come first, funds are available and it will be operating because mgt want to get it to operation, at least Ralf.
Think of the technology, trash is a problem world wide, energy is the basic for all aspects of life. Going green is a world wide intention. To use trash to generate energy worth investment and the risk.
Btw, if there is 50M shares being traded steadily, there will a bid sometime. If we are holding our shares, bid will be in. There is 44M shares traded to this moment, which is good, if it kept accumulating, it will move. If it stayed up in the list of the hot board, it will move.
With the potential and efforts to be current, they might move from the pink sheet, sometime this year. This will get it the cents (but consider the stock structure), this is a huge gain. I know a company have been like this and moved out of the pink sheet but screwed later because they couldn't get to market their product.
Also, I see that mgt is properly organized, Ralf is taking care of the operation and relocation, which is the most important; AR is taking care of the financial and the adminstration, which is ok; Bo is taking care of the marketing, which is good as he knows how to BS.
Also, with it being on the hot board, it will catch the eyes of the investors, and they might be interested. We are #2 now.
IMHO
GLTA
I hope mgt will get it soon; they were held because no funds was available, now they have the financial support and they started to get things done, they got the financial and working on getting some units to be operating.
Sorry, I just noticed that you were right 38B shares.
Yes 38B, I just saw it. I know stock structure is not good, but the Company has contracts if they start running, the fair value is much higher than the 3M market value with the outstanding shares, it is about 24M like 8-10 times more. Also, the potential is great, once it started operation, sure big energy companies will be after it.
Also, only less than 15K to move it up based on L2; which is nothing in the market.
Scottrade will accept. I am not quite sure. Do you know why not acceptable at your broker?
GDTK has great potentials. It produces electricity from waste. It is a start up company that recently got funds to get to operation. Since then mgt were able to start moving along and get things done. Going further operations will start and stock will fly.
Professor Robert W. Dibble of the University of California at Berkeley assessed the GDT TEK system and stated that "Of the many technologies that I have evaluated over the course of the past several decades, GDT TEK's heat to power conversion solution has proven to be the most reliable, versatile, efficient, lowest emissions, and overall cost-effective solution available in today's changing world market."
GLTA
NP. If the market is falling, shouldn't this go up as a secured return? Or am I missing something or not understanding? TIA
GDTK has great potentials. It produces electricity from waste. It is a start up company that recently got funds to get to operation. Since then mgt were able to start moving along and get things done. Going further operations will start and stock will fly.
Professor Robert W. Dibble of the University of California at Berkeley assessed the GDT TEK system and stated that "Of the many technologies that I have evaluated over the course of the past several decades, GDT TEK's heat to power conversion solution has proven to be the most reliable, versatile, efficient, lowest emissions, and overall cost-effective solution available in today's changing world market."
GLTA
:) and I will be watching you watching me.
GDTK has great potentials. It produces electricity from waste. It is a start up company that recently got funds to get to operation. Since then mgt were able to start moving along and get things done. Going further operations will start and stock will fly.
Professor Robert W. Dibble of the University of California at Berkeley assessed the GDT TEK system and stated that "Of the many technologies that I have evaluated over the course of the past several decades, GDT TEK's heat to power conversion solution has proven to be the most reliable, versatile, efficient, lowest emissions, and overall cost-effective solution available in today's changing world market."
GLTA
I do not think, AL will think about retiring shares, whose shares he will retire. Also, the Company did not get the 23M to buy back shares, they got them in installement to build operating units. Steirwave is not stupid to give people money out of their big heart. The money will be used for operation and only operation.
Just once it starts operation they can do whatever with the cash inflow from operation.
RS is greatly possible, as Al only knows this. But when? Even though, the potential of the technolog won't get this down unless mgt screwed it but there is steirwave will straighten Al & Bo.
Also, it is not even 15K to get it out of the 1's; 15k is nothing in the market.
All, the Company has great technology and potentials. It needs patience, being a start up company. There was no available funds, once it became available, FS came out, PR came out with progress. Isn't this a proof that mgt is serious to get something out of it? Once it became operating, it will catch eyes of all big energy companies.
Read this from prior PR:
Professor Robert W. Dibble of the University of California at Berkeley assessed the GDT TEK system and stated that "Of the many technologies that I have evaluated over the course of the past several decades, GDT TEK's heat to power conversion solution has proven to be the most reliable, versatile, efficient, lowest emissions, and overall cost-effective solution available in today's changing world market."
GLTA
GDTK has great potentials. It produces electricity from waste. It is a start up company that recently got funds to get to operation. Since then mgt were able to start moving along and get things done. Going further operations will start and stock will fly.
GLTA
I am wondering about the last exploration results and the NI reports that were out very recently. They appeared to be good even better than the prior results. I am not an expert to say they are good or bad, but they were much better than the previous results (42g/t vs. 14g/t); however, the market responded totally in the opposite direction. Do you know how to evaluate the last drilling results and if these are good or bad?
Also, I recall someone here mentioned how this Company is operating and as much as I understood, they are exploring for Gold and looking for buyers once a good results come out. So what is the possibility of getting buyers with the current results or is it not worth it?
TIA
GLTA
I agree, Ralf is the only one to trust there. As long as he is there, we can have some trust in the Company. He wants to get it to operation, no matter what it takes him.
Both Al and Bo does not worth much. I noticed in the 10K that Al only has 6% which means he is a minority and Steirwave has 20%. So they will control the mgt and will want the Co to be an operating.
I do not think that Steirwave is putting 23M for nothing, they strongly believe in the Company's technology and they can get it to be operating.
IMHO
GLTA
Thank you DD. However, people are just talking without basis. 39.9B shares are authorized shares which means that they can issue up to this number of shares. There are 30.8B shares outstanding, those are the issued shares.
Looking at the good side, the Company has no cash, so definitely, they are paying anything with shares. They still have shares to issue to compensate for additional expenses when needed. R/S will happen because the shares are too many but not now as they have some shares available and they need these shares. Also, at the same time, having Steirwave funding the exisitng contracts will add a value to the shares, which is not going to affect the share value after the R/S. Looking at the present value, the Company is undervalued. Situation might be different when it becomes an operating company.
Al salary was not paid; it is only additional accrual.
I know the frustration that the mgt can't keep their words which get us to the untrust situation that is existing now; but Al might be optimistic more than a liar.
Bo said no dilution, which I doubt he knows what he meant. But it sounds to me that he meant that no R/S but it means no F/S or further stock issuance. I think he meant that there will be no R/S and everyone will keep his shares which what happened and the Company instead authorized the new stock.
Ralf is a very honest guy and he works very hard to get the Company to be operating. If you read the subsequent events, you will get the sense that Steirwave came in by Ralf's efforts because RTR (his company) had contracts with steirwave.
This most likely shares to the consultant who found steirwave. It is not a big deal.
Do you know why? I noticed the last bounce few days ago was an insider purchases from the SEC filing, which is good as they believe in the stock but they might get over 51% ownership.
Can anyone try to get hold of the mgt and see when the financial is going to be issued and the status of the relocation? I am trying but I always get a voice mail. I think if we all kept calling, one of us will get an answer. TIA.
GLTA
Thanks! I was just wondering because the NI reports were out and the new results were really good even better than the prior results, as far as I understand.
Thanks! Do you think that the MM is taking it down and then will let it back up?
Hey Nebula,
What do you think about the drilling results and the NI reports?
http://www.lakevictoriaminingcompany.com/investors/news-releases/
I think it is a good buy:
Here is the NI reports and the new release
http://www.lakevictoriaminingcompany.com/investors/news-releases/
GLTA
Hopefully
www.sedar.com
The Canidian website and they will be posted on the Company's website today.