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you just gonna let that hover there dcsteve?
sorry for your troubles whatever they may be
sell something else instead
no way did mr tx buy because of this patent
$36,000 for this?
look what the market did in reaction to the revelation
(great due diligence, but not earth shaking news)
mr tx believes he knows that a big deal will close in may or june
or a buyout
i am about 90% sure he is banking on one of those two things
there is not some other type of news that will make a big move up
like this patent
market: snore
there is no press release because there is no news
we don't need them to be doing investor relations on facebook
he is not gonna put up cat pictures
and if he gets actual news he can do a PR
before, there were several big deals pending
i bet that now, there are several big deals pending
there are not significant royalties
or there would have been a statement to that effect already
facebook is not needed here
if you hold your breath, you will turn blue,
if you hold your breath loudly, you will maybe succeed in depressing the stock price
eventually, they will make a sale or collect some royalties and then they can issue a press release
until then, hold and stop guessing news is coming tomorrow
when the news finally comes it will be worth the wait
how late do fins get before C.E. is placed?
i think we wont see fins until it is necessary to avoid CE, if we see them then even
unless we get lucky and a sale comes through earlier than the only expectation we have heard recently (may or end of june, and again, which do you bet on? early or late? in mexico and costa rica. not a difficult choice.)
they might have enough money to do fins from
asian royalties, but i think that is far from certain
i think it is possible they have about the same amount of no money as before. the fins would still contain the fabulous news, either on the books or as printed speculation, that 2.2 million in debt has been/will be erased. (and i am almost sure that is has been, but there might be some accounting and legal formalities that i dont understand). reducing their debt burden by almost 3/4s is very good.
but the rest of the fins might be same ol, which for me is not a big deal but if everyone hypes themselves into a frenzy we could see some disappointment reflected in the price, which has no reason to go down other than baseless expectations of timeframe for sales and royalties.
if they dont have money, they wont pay for the fins with belly button lint, and they might not go running around borrowing, thinking the sale is coming through very soon, very soon, very very very soon.
clearly this is not a company of clairvoyants and mind-readers, so they can neither predict the future nor know the mind of their (foreign) customers. they do have a great product and i am confident they will sell a big order and many more big orders will follow.
i am not at all confident regarding when that will happen
it could be this week but doubt that very much
my best guess is second week of july
based on someone else being certain that it would be may or june at the latest. haha. but seriously folks, one thing i have noticed is that things are happening later than expected. maybe second week of july is not late enough. but then i view "may, or ok, well maybe june" deadline as an extension of "very soon" as of january.
i am guessing the same big deal that was coming real soon in january is the big deal in question, although the most-likely-to-close may have fallen behind and another pulled ahead
i could only say that incoherently
not that your english is not a million times better than my whatever-your-first-language is, but that did not make sense to me.
i could take a guess at what you meant from context though. i could say "how can i say that we might not receive news before the end of june? i believe it is possible that whatever the company (and our new 6 million share holder) may be expecting prior to the end of june, it might not happen. it might look every week more and more like what needs to happen will certainly happen next week. and yet, as it was with the arrow in zeno's paradox, despite the distance to the target getting cut in half every time, half the distance may always remain." at least til past the end of june, which someone has posited is the latest news will come.
under these circumstances they might consider releasing interim small news, but they might always wait to release the impending big news instead of sending out some small news to tide people over when the big news appears to be only a week away.
no. stop saying that. we will see the news for the big project by the end of june, maybe, unless we don't, in which case we will see it after june.
ah yes, my mistake TEN billion won= TEN Million USD
important to note that is korean won
1,000 of which will getyou 90 cents or so
so like in usd, $900 k in sales
still its a company with sales
nearing a million
nice work again!
steve all up in the jonx representin dc. dcsteve is on the strempf, young. GDGI is on the strempf too. we be cised up in this jonx. look out!
yep - may june. let's not cultivate impatience
MRTX
Wednesday, March 20, 2013 12:57:45 PM
Re: None
Post # of 14926
I'm the 6.6M buyer. If everyone will hang tight until May-June, there will be a development. I'm not associated with GDGI.
he did say that. he also said or june
i am just about 95% sure of my recollection of that
there were a couple posts by him
pull that sell order at .0045 off and see what happens
nobody is buying that .0045 right now,
but i bet somebody would buy at .005
i sold you that. not cause i have lost any faith in the stock, just broke another surf board and i put everything i have plus some leverage in this, so i needed to pull a little cash for unexpected repairs. i have been living more than 50% off investments for almost a decade now and i think this one is one of the best i have made, though it has yet to bear fruit.
a word to the wise, be patient and in the long run i think you will very pleased. a lot of us are hoping for may/june news, but if it does not come, i plan to stay in. i am pretty confident some time in the next year they will have at least one decent sized sale, if not the million dollar sale a lot of us are expecting. compared to most pennies, this is a huge value. there is a real product endorsed by EPA and two universities and in use for several years at a couple casinos and other places and they have done a number of successful demos for large institutions in the last year. they have had revenue on the books for a couple years and they just went through an SEC case where someone who they contracted was shown to have committed fraud but they were exonerated themselves and no new issues raised.
GDGI good day to get in.
good luck to you and welcome aboard!
awesome DD there dcsteve and newb are right
well done sir. so everyone else that they damaged no longer has a company, and the levys still have assets. possible they will get some damages.
i suppose a law firm might even take that on contingency so they could conceivably pursue this without funding
still, i think the big story is gonna be the various pending sales when one of the potential buyers finally has the sense to invest approximately nothing (cause they can get financing, even for companies abroad) in a environmental technology that will save 20% or more on AC electric costs and pay for itself in two years.
say for example the funding is on purchase with 20% down - you are paying maybe $4k for a unit that will generate $10k returns for two years to pay off your loan with interest and after that you are looking at returns of $10k .... or greater.... as AC units age they become more less efficient and thus the cost savings get larger over time because you are still saving the same percentage but now it is a percentage of a higher number....
no - can't squeeze blood from a stone
if the levys had any money, maybe someone could get damages, but we would not be the only ones in line, and i bet they have no money
re royalties in the fins, dont get your hopes up too much about that - if that asian company were sending down royalties already, why would they not have told us? maybe there is a trickle there, but nothing big. pretty sure of that.
recall if you will the widespread confidence in already booked sales going into the last PR and what that did
and share, if you will, my skepticism about this company secretly making a lot of money and not telling us. that is not happening. when they get a big sale, they will let us know
also please remain unsurprised and sanguine if the fins come out late, so late even that we go back on CE.
this company is gonna limp along on fumes until they get a big sale and what happens in the interim need not concern true longs. flippers may care, but for those of who have researched this product and understand its massive potential, the big sale is the thing to wait for. the rest means relatively little.
based on a 6 million share purchase at .006 recently and the accompanying comments, we see that someone new to the stock placed a $36k bet and is confident based on some information they have of a big sale by end of june.
good point about SEC vetting -
as you say, the investigation of the Levys required SEC to look over GDGI pretty closely, and so this stock is much more thoroughly vetted than almost any other penny stock!
silly me. they paid very little of that 2.2 mill so far, so they dont have much money to be getting back. still, the 2.2 is no longer owed, which cuts their debt by almost 3/4ths!
2.2 million debt reduction DEFINITELY in financial statement
again, whether or not for legal and accounting purposes it has already officially been removed from the books, the DOJ ruling is unambiguous: THEY DO NOT EVER HAVE TO PAY THAT 2.2 MILLION to ez english
check the ruling yourself to confirm, but it is quite clear!
so that reduces their debt from around 3 million to only 800k
very good!
only reason it did not soar on that is there was a lot of hope for a big sale already in the bank, and that did not happen, so there was some disappointment among the longs
but the 2.2 mill is gone and that is a big positive
wow! might actually get money back!
if DOJ ruling does not end up requiring them to straight up refund the money (obviously it is likely nobody is getting 100% - some of the money is spent)but Levy's assets might be divided among their victims
then GDGI could pursue a civil suit to recover some of the 2.2 million
i think that is not very likely, but it is a possibility i had not even considered
regardless - whether it is officially off the books already, or being partially refunded, or possibly recoverable in a civil suit
the 10k will definitley comment that is either gone or will be gone pending accounting and legal procedures
Dutch has stuff going on at home
I bet he hasnt sold a single share
total volume since the PR
is quite low
5 weeks from now in mid may
i expect to weight 180, down from 200 at the beginning of the year
thanks for eliminating my restaurant budget, GDGI!
i could maybe make it norcal for some french laundry
and i don't drink alone unless i am by myself
but i am quite a trencherman
so we might be testing that $500 ceiling
might have to wait til the end of june
i am hoping not much longer than that
but with royalty deal in asia and
various entities in the US and central america and maybe south africa working on commmission
in the worse case, if it is longer than june
this company can limp along on fumes or hibernate until somebody's chief engineer has the good sense convince the guys with the pocketbook to save his company 25% on their AC bills with a two year payback
on the tech
really does not make much difference
unless you need to raise cash before news
as Aman has pointed out, penny stocks can go from .003 to .35 on just a tout with no real change in fundamentals.
when this company makes it first big sale (may? june? sooner?) we will see PPS well over 10 cents, tout or no tout, and it will not just be momentum, it will be real value driving that price
yeah. one way or another, confidence is showing
they are either funding it all themselves or someone is lending them money or they have a trickle coming in
i doubt there is a major sale we dont know about, but each one of these things yields 10k in profits, so a unit or two would go along away to cover costs
i dont think they have ever had more than a couple people paid to sell this - its all authorized dealers on commission
but once they get some revenue, they might develop an internal sales force that would be more focused
what bills do they have to pay?
they have some debts, but more than 2/3rds of their debt was just cleared by the levy trial. the other debts may be held by creditors who wisely realize you cant get blood from a stone
so what are their current period costs?
possibly none, except a phone bill
the executives may be forgoing compensation
and they had like two employees but
maybe now its just the executives
who are pushing for sales along
with HVAC installers and other parts of their independant dealer network which costs them nothing
with the royalty deal in place, this company could, if nothing else, limp along until the royalties generate some income, income, that as Aman pointed out, comes with no overhead.
they also have some valuable patents and it is possible that some entity has lent them some money. one lender will finance domestic and international purchases of the units. that lender or another could have extended them some credit.
i expect this company to limp along on fumes until it explodes with rapidly growing profits after its first major sale
looks kinda that way to me too
people who need a little liquidity and want to sell 100k or so might be well advised to hold out for prices above .0055
if nobody sells under .0065 we might have zero volume for a couple days, but once the slow buyer sees that is the lowest they will get, i would not be suprised to see the slow buy resume at a new (recent average) price level instead of these i need some money right now and almost no one is buying levels that we hit for a week or so just now
see? that is what i said.
another possibility regarding
the 38 prior touts
and regarding how we might see a tout
even if the company is gunshy of touts
or still broke
if they had major revenue, we would know already
i am sure a bunch of people on this board are expecting major revenue in the 10q
i am equally sure they will be disappointed
i am not saying this is any reason to sell
the "positive note" does not indicate revenue already obtained, but rather potential for major future sales
i think pps is low enough right now that mostly those disappointed by the forthcoming 10q (or no 10q and return to CE status) will have the sense to hold. please for your own sake, have the sense to hold!
they will eventually get a big sale, quite possibly before the end of june, and then the PPS will go past 10 cents. that is worth holding for.
if they already had a big sale, they would not be abusing us by keeping it a secret, despite the conjecture of many that there are lots of reasons corporations can't announce major sales. if the buying company does not want its competition to know, that would be a reason. a reason that would not apply to CNS. if a company installs this, they will be happy to have people know they are going green.
re posts dont attract new money
i dont think anyone here thinks posting is gonna bring tons of cash,
but out of the 110 million or so float, there might be a few million shares that needs to get out before june if news does not come first, just cause some people committed very heavily expecting returns by now.
i am one such person. if May arrives before news does, and i can sell 200k shares (5% of my position) at .006 or higher to raise $1.2k dollars, i will. if there is no new money coming in, it could stay around .003 to .004, which would be awesome, cause i could finally lose that last 9 pounds. on the other hand, if chatter brings in a few new LUCKY investors who find this gem early cause of our board posts and it goes back to .006, i would not mind staying 9 lbs heavier and having that restaurant budget.
it is so thinly traded, an so little wanting to sell, one new investor with $1k cash can make a big difference - if you consider .003 vs .006 a big difference.
so new money at the rate of enough to soak up 1/2 million shares of sellers a day would be nice, instead of just relying on our existing longs to have a garage sale to pick up $1-2k worth a week.
with a tiny bit of shares needing to be sold, a tiny bit of shares getting bought makes a difference
yeah, whatAman said. plus the debt stricken.
we got a royalty deal for asia, which suggest the patent moat is strong
and the levy debt of 2.2 million is gone
there has not been bad news
there were just some unreasonably (in my opinion) high expectations of early revenues and news
haha. volume, ss. volume. 600 shares at .04
on that day in may when it had a range going to .04
paint job
meaningless
that was less $3 traded that day
the run was from .1 to .18 more like
wow that was 15 posts already today
nice chatting with you folks
GDGI - for readers who are ntew to the board, is an company with an awesome product (two year payback green tech to save AC energy) that has been repeatedly proven to work and is endorsed by EPA and top tech school harvey mudd and tulane and is under study by a uni in india which is a big hot economy, yeah, full of poor people, but they have giant ass factories in madras or whatever chenai i think it scalled now that need to be cooled cause it is frickin 100 outside so it would kill eeryone inside not to a/c them
this company spent 2 million dollars to hire the levys to set up them up to be publiclaly traded and promote their stock and then the levys did an illegal pump and dump, which has really hurt the stock
it is dramatically undervalued right now because its natural initial investor base of people who are interested in energy saving penny stocks feels like it got burned by the pump and dump and some of those peopel are soursed on it, but the 110 millino float is tightly held by long term investors who are confident in the eventual success, so when news comes, its not going to beasy to pry more than a few shares out of the hands of longs
for instance, i control about 1.8% of this stock and i would only sell 10% of my stake on a 30 to 1 runup for todays prices
i know other longs on the board who have around 50 million shares between them, and taht is just a few of our posters.
those who have looked carefully realize this think is a ticking time bomb and its just a matter of time before it explodes
GDGI good day to get it
i think Aman has decent DD and history knowledge
and he certainly knows more about pennies than me
do you play pennies much before SS?
i tend to disagree with a lot of specifics that Aman posits, but it doesnt strike me that he is unaware of what has happened. quite the opposite.
good job pointing out that tout in 2012 may, SS> that did a one day 90% incerase or something
i guess Aman is saying it doesnt matter how many peopel you burn with touts, there are always new suckers out there, and if you spend enough, you will get a list full of them and they wont notice or will think something is difference from the last tout run up
and you will also get smart investors who are on the edge of their seats knowing this is a hype created bubble making sure to get in at the beginning of the run (thus starting it solidly) and get out early
which suggests we should have some qty allcoated to sell orders in for .10 cents or whereeeer we think a tout service will take it, so we dont miss the chance if it happens while we are not looking
while i look at it and see: aman is not showing any succcessful touts since 2012, but SS shows a tout in may that did about a double for us.
i cant conclude that we would only get a double and not a 20 to 1 like Aman says could happen, cause maybe our situation is quite a bit better with the 2mill going off balacne sheet and royalty agreement proving patent moat, plsu its not necessarly cetris paribus: they could theoretically spend more on this tout than the may tout and get better results.
but its hard to spend money they dont have and their balance sheet showed $350 in jan and they spent a bunch on the fins and legal statement that i would be unsurprised to discover they borrowed.
i suppose you are right, there could be a tout any day, but i think a PR of a big sale is a more likely prospect, and i think that is likely before end of June, but not necessarily sooner
althouugh possibly so
anyway, thanks Coach A. i am gonna put in a standing sell order for 10% of my holdings .10 cents just in case.
good idea if i might be away for a day right?
ok. STILL question remains
did any touts take place in 2012?
were any of them effective?
i would sell some on a nonews tout to .05
without news, but not much
but maybe i should be more crafty and sell all on a no news tout and then by back in after the inevitable 70 to 100 % replacement
that about right, coach A?
i think they can do one big sale and go to over .1
and then get another another big sale and go to .3
clearly some of the early pre 2012 touts were SUPERtouti effective. i am not disagreeing with that.
and yes, i saw you pointed out another stock with spectacularly effective touting. i was not askign about other stocks though, my question, is:
SINCE JAN 2012 HAS THEIR BEEN AN EFFECTIVE TOUT AND IF SO WHEN?
now that it is in caps, maybe you will answer it directly.
i am pretty sure the answer is no.
that does not mean that a tout service cant be effective of course, and it does not mean a tour service cant be effective for GDGI, but i think it indicates that udner current conditions it would be unlikely to be effective.
do you agree?
or maybe as you say they just used small cheap touts and that is why no result but if they had a lot of money to spend, the could do an effective tout right now?
and ok, if your goal is to cause a temporary rise in price, then by definition suceeding in that is success.
i would hope touting a solid revenue generating GDGI, sure we would seem some runup and overshoot, but not nearly the kind of think you see with pure hype touting, more case of showing true value to a broader audience and getting real investors, not just momement players and the sheep they fleece, to come in and buy and hold.
in your experience of touts, do you think that is a realistic possibility? or is it always just a quick spike and then back down?
i dont know if the CEO is morally upstanding, but it does appear he is wise enough to know the low road is not a good place for this company. the proof is in his actions. he does not shy away from laying out parts of his story that are grim and he does not make overly rosy conjectures about the future.
the think about a deal very soon, not in PR, in conversations, my thinking is that he sincerely believes someone who said they were gonna buy very soon is gonna buy very soon.
i know how that can go. not good to make promises that rely on a third party's behavior, and he didnt. but he came closer than he should. MAYBE very soon would have been more accurate and much better.
ok. that clears that up. i will defer to your expertise.
what about the part about if there were any touts in 2012 they were ineffective?
thank you for good works
i hope they dont suck all the compassion out of as well as steal your sense of time
that must be difficult and draining stuff to do
sorry about your commute too
that must suck
how do we know all those touts were employed by GDGI?
and not private stock holders?
not even the levys but their co=conspirators or someone else buying a large block and acting on their own?
again i pose the as yet unanswered question
and again i pose this as yet unaswered question: 38 times huh? did it ever work once since 2012? i believe the answer is no. so in that sense, use of touts would seem to moot, except that a foolish decision to repeat the ineffective could cost scarce money.
and though, ok, the sotck may have been touted 38 times in the past, the only payment i think you will find in the financial reports that looks like it is for stock touts is to the levys. so yeah, the now-convicted fraudsters GDGI unwittinglying hired used touts a lot.
but that does not mean the current CEO will. in fact, he might, as some speculate, be gun shy of touts, and i recall someone saying on this board they had a discussion to that effect with someone at GDGI. is that correct? does anyone recall who it was?
also i agree that a crappy tout wont do much for us
and that is all we can afford and a reputable tout
will not present a hype case and without revenue
we will not see a big benefit
big news, money to pay for good tout, plus good tout
would seem to be excellent and possible
tout without news seems unlikely to me
and unless you can show me different
it seems almost certain to be ineffective
since again, you say 38 touts
i say where did the stock go up significantly on a tout
since jan 2012?
i am curious. it seems like you are not disuaded by these criticisms of your position, so it seems likely you have a rebuttal, but if you have posted it, i missed it or failed to understand how it addressed these points
GDGI - good day to get in
great long term or even mid term (3 months or less) prospects
but you might turn blue if you hold your breath