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The meeting is on 29Dec10 at 11am.
Heres a link to the proxy.
http://www.sec.gov/Archives/edgar/data/880643/000143774910004048/genta_def14a-122910.htm
Greg
If there will be an uptick I'd guess + .001 to .002 .
It would be great for some actual updates, IE like were in talks with a big company or in talks with several companies about GEN1.
I'd be happy with the above even without any company names.
If the SP does go up it will go back down shortly afterwards.
I'm trying my best to not look everyday when I get home.
Go KBLB
Go team
Greg
Theres only 553m shares outstanding and Kim has 320m of them.
That looks great IMO. I have other stocks with billions, 11+ billion on one
Go KBLB
Greg
Ihub has issues in keeping people logged in.
Just did a writeup and hit submit and was suddenly logged out.
GENTA INCORPORATED
2010 Special Meeting of Shareholders
To be held on 12/29/2010 for holders of record as of 11/19/2010
TO AUTHORIZE OUR BOARD OF DIRECTORS TO EFFECT UP TO TWO REVERSE STOCK SPLITS OF OUR OUTSTANDING COMMON STOCK, WITH EACH REVERSE STOCK SPLIT HAVING A RATIO RANGING FROM 1-FOR-2 UP TO 1-FOR-100, UNTIL DECEMBER 31, 2011.
TO APPROVE AN AMENDMENT TO THE COMPANY'S RESTATED CERTIFICATE OF INCORPORATION, AS AMENDED, TO INCREASE THE TOTAL NUMBER OF AUTHORIZED SHARES OF CAPITAL STOCK AVAILABLE FOR ISSUANCE, ALL AS MORE FULLY DESCRIBED IN THE PROXY STATEMENT.
Give shares to pumpers to get the price up then sale their shares for cash. RINSE AND REPEAT THE WHOLE YEAR AFTER YEAR.
POS
Greg
What would a merger do to the SP?
Would GERS be moved to the NASDAQ with GPRE?
Good news is always appreciated
Go GERS, Go team
Greg
Thats odd, I see sales going through for the entire day.
My ameritrade has data missing. The float, SO, ect. are all blank.
That 90mil would'nt go far. With what 11.8 billion shares would equal .0076 per share and thats not counting any debt or fees.
To be honest I'd be happy with .007 per share if someone wanted to buy my shares
I was actialy hopping the SP would hit .01 after all the licenses and court battle was over.
Any other ideas out there?
Go GERS, go team
Greg
It would really hurt but I would settle for $1 for every share I own
Since I'm an extreamly nice guy I would just offer my shares back to them for a measle .90 per share.
Anyone think they'd go for it?
Greg
Have they said what the dividend will be?
Cash or maybe just more shares??
Maybe they'll send us all a product sample LoL
Greg
Theres not going to be any massive news out for several months.
The Markman hearing is on April 25, 2011 and if the judge does'nt make a decision then we'll have to wait till June 13, 2011 for the Preliminary hearing. Who knows how long it will be after that for the court case.
Hopefully more companies on that list will give up and get licenses and some COES during that time.
I'm expecting the SP to go down to .0001 before there next Q is due and stay there till the Markman/Preliminary hearing. Any good news from those two will make the SP jump.
Common GERS, prove me wrong and soar!!!
The law moves faster than light, just like congress makeing a descision.
Go GERS
Greg
Over the last several years the stock has been going down. There have been some ups.
The best advice I can give would be to hope there will be another pump and to sell then. With the amount of money you have in you might want to sell now to cut your loses.
I tend to be stubborn and hold my shares even with being down 99.77% .
You usualy don't lose money until you sell. I hate losing money which would explain why the value of my account is 1/4 what it was 18 months ago.
Sell now to keep what you have or be stuborn like me and possible lose more.
I know its not the best advice but with stocks good advice that makes you money is hard to come by.
All is MHO.
Greg
It would be great if a company gets shares when they start and can never add or do any splits. Or only alowed to do just 1 in say a 5yr period.
Buying back shares would be ok.
This would save a great deal of time doing DD.
Greg
Level 2 looks interesting this morning.
Vert is at .0003 and then theres 6 at .0004.
Maybe we might hit /close at 4 today? )
Greg
I've been somewhat upset at the last few 10Qs but after reading Skunks latest update, I feel a bit better.
http://greenshift-gers.blogspot.com/
Go GERS
Go team
Greg
I just looked up what goodwill impairment charge means.
A specific reduction on a company's balance sheet that adjusts the value of a company's goodwill. Due to accounting rules, a company must monitor and test the value of its goodwill, to determine if it is overvalued. If it is, the company must issue an impairment charge on its balance sheet, to take into account the reduced value of the goodwill
(accounting) an intangible asset valued according to the advantage or reputation a business has acquired (over and above its tangible assets)
Had to look up goodwill also, here it is:
An intangible asset which provides a competitive advantage, such as a strong brand, reputation, or high employee morale. In an acquisition, goodwill appears on the balance sheet of the acquirer in the amount by which the purchase price exceeds the net tangible assets of the acquired company.
So they had to take a $7,281,993 goodwill impairment charge??
I still find it a bit confusing. Does it happen every year?
Greg
No positive signals.
No profit means were going down to .0001 again.
People were expecting an actual profit and when it did'nt happen.
It really sucks, I like GERS and believe they have a bright future but that future is a bit farther off than what I expected.
Just MHO.
Go Gers or at least try to go.
Greg
They had a goodwill impairment charge of $7,281,993.
Whats that??
Go GERS
Greg
I'm not the best at reading 10Qs but I'm not seeing what I expected.
Revenue........three months ending.......nine months ending
.....................9/30/10.....9/30/09.........9/30/10...9/30/09
...................$1720173....$883262.......$5020992...$2610795
Gross profit..($860403)....$200389.......$216709....$786615
The 9 months ending 9/30/09 they had 2.6mil rev and profit of 786k. The 9 months ending 9/30/10 they had 5mil rev with a profit of 216k
They had a 1.3mil deduction for the Loss on inventory valuation.
Whats that mean?
Their general administration expenses went from 2.5mil to 4.5mil.
They all get massive pay raises or what?
I'm just seeing a lot more red than I ever expected
Greg
We took a bit hit today. Any ideas on the reason?
Greg
Holding ...4 today was great, almost 62 mil shares today.
Still checking on the 10Q, I keep refreshing the page
Go GERS
Go team
Greg
I've gotten several emails also. From different countries with different names (the stock informer, the profit showcase, ect).
There all from a company called Corporate Accelerators.
I sometimes wounder if its MMs doing it?
Ether way its a good way to get the KBLB name out there for investors. Some may be people who see the real value and potential in KBLB and buy long.
Go KBLB
Go ever growing team
Greg
Just added to my core shares. I love averaging down
Wish I had more powder.
Go KBLB
Go team
Greg
I'm so excited about the 10Q today. I keep checking the SEC's web site for it, nothing yet.
Its like being a kid at Xmas. Unwrapping your presents to see what they are then wrapping them back up before parents get up
With all the new COES comming online the 10Q might be in the green and theres several COES being built and will be increasing proffits over the next several 10Qs.
Add in the patent infringements for iceing on the cake.
Go GERS
Go team
Greg
Got this email from the Profit Showcase this morning. The disclamer wount paste.
Go KBLB
KBLB means Business!
I think that the cheap KBLB shares window is just about to close.
In case you missed KBLB's joint press conference, with the University of Notre Dame, you missed out on the beginning of something special. You may not know about spider silk, its uses, and the many millions that various governments have thrown at trying to develop an artificial source for its production.
Thanks to its stellar scientific advisory team, KBLB was first to announce their discovery and it's about to change the $126B technical fibers industry, but the first stop is staking a claim on its share of the multi-billion dollar mundane silk market.
4 times Wall Street Journal All-Star analyst, Joe Noel, projects that KBLB is going from about a dime to $2.50, or even higher. That's more than a 2,000% gain from where we're sitting at now, so get in now.
The price is right for the next leg up. KBLB has traded in its current trading channel for over a month, so once it breaks through this channel it's surely going to make a monstrous move, and I think you've got to be in on the next move.
The reason why I believe time is running out is that KBLB just added the former CEO, of one of the most important and influential Fortune 500 biotechs in the world, to its advisory board. So, it looks like we're getting ready for the next big leg up is about to lift.
I'm not going to name drop, but check out the news for yourself and then do an internet search on this guy. No doubt, by the time you read his profile at Harvard Business School Leadership or Businessweek, you'll be able to connect the more than obvious dots. In addition to his profiles, there are literally volumes of print information about him.
His specialty is corporate growth via mergers and acquisitions, organic growth and global markets.
Seriously, if this was poker, KBLB just showed its hand. With this M&A, organic growth and global markets, expert, it already looks like a full house, and when it comes to corporate growth, you could literally say he wrote the book. Guys of his pedigree don't get involved, unless it's the real deal. So, if he's on board, you know that the ship is about to set sail for richer waters.
Pick up your KBLB NOW,
because it just keeps getting better!!!
This email was delivered by: The Profit Showcase.com - Voslwagene. 47, 98723 Stockholm, Ukraine
That was a nice jump on one sell.
.38 up to.415 on just 3206 shares.
Nice
Go SLXCF
Greg
I copy and pasted this from SkunKs web site
http://greenshift-gers.blogspot.com/
Friday, November 5, 2010
SCHEDULE IS OUT!!
See all Here
SOME of the deadlines below. Note we will know any additional litigants and preliminary injunctions in a few weeks!
November 15, 2010, plaintiff amendments to their existing complaints due.
November 15, 2010, CleanTech additional motions for preliminary injunction due.
November 24, 2010, additional cases for infringement due
November 30, 2010. Answers to all complaints due
December 10, 2010, Replies to any counterclaims due.
December 23, 2010, Parties shall serve Fed. R. Civ. P. 26 initial disclosures
December 23, 2010, GERS Disclosure of Asserted Claims and Preliminary Infringement Contentions
January 24, 2011, Defendants Preliminary Invalidity Contentions.
////////////////////
Markman hearing will be held on April 25, 2011, at 9:00 a.m. in Room 361. A preliminary injunction hearing will be held on June 13, 2011, at 9:00 a.m. in Room 361.
Go GERS .0004 close today
Greg
Today is my birthday. We need a good runup for my present
Go SLXCF
Greg
They are partnered with Watson Pharm. to test a new drug that failed. The SP was going up on expectation of success and tanked when it failed. I'm expecting the SP to go back up to between .9 to 1.?. The price back from October and earlyer. IMHO
Hey, tomorrow is my birthday so I can wish all I want )
Go SLXCF
Greg
Sorry about that, I had just finished reading the 10Q for another stock and it was still on my mind.
I am expecting a very good 10Q from GERS, crosses fingers.
Go GERS
Greg
A 300 sale went through before close. I'm woundering why a MM would want to take the price down when its already at 0003 and 4.23 minutes till close. I doubt that small sale after close was realated. Still had some good volume today @87mil.
Hopeing for a 5 close tomarro for my birthday present
Go GERS
Greg
I hope no one has GM shares.
Its great to see a green day today. Makes me want to add to my core shares.
Go KBLB
Go Kim and team
Greg
WHat happened on those last several sales??
Greg
Common you can do it, close at .0004. I'll give ya a cookie?
Great 10Q, several new customers, great defence, great debt consolidation. Its all greats in my eyes.
Go GERS
P.S. I ate all the cookies, oatmeal rasin is my fav.
Greg
There is a buyins.net but I like shortsqueeze.com.
Go KBLB
Greg
Woot, we're at .0004 again. Common you can hold it till close. Just 63 minutes to go.
Go GERS
Greg
NITE is messing around again.
.0711 bid
.0775 ask
Both NITE both at top of L2.
Sales funky today, .0701 then .0725, .0701 then .0726
Big jumps and they all look like NITE.
Greg
I realy realy hate MMs, sale for 700 shares at .0003 just to take it down. A big .21 cents.
Greg
If news is comming out at end of the month we could be down to .05 or lower by then. Could sell now at a big lose and rebuy at .05 or so and have more shares than before.
I've never had a pinky that has'nt lost me 45% or more.
Looking at the trend over the last 30 day is making me go bald or balder I should say.
Greg
Good news about 2ng gen being done.
Was there anything about being in some kind of talks with other companies? Any at all?
Any kind of time frame?
Go KBLB
Greg
We're starting to tank again
Need some amazing multibillion dollar PR
Greg
Thats what GNTA's SP was at before open.
Greg