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True! This month is about over as well as the 2nd Qtr coming to an end. I can see a couple of scenarios setting up here. We could possibly get some news in September or sooner concerning audits thru the 1st Qtr of this year showing us 2 1/4 years of financials. OR,... additional audits might be done to include the 2nd Qtr of this year giving us news on 2 1/2 years of audits released sometime in September or October, depending on how long it takes to audit the 2nd Qtr as well as the 1st Qtr too, if not already done.
I more than anyone, hate to see this thing drag on longer as I've been here many years. I'm not making any excuses for the company but it is what it is, and this thing is quite involved as well as an expensive ordeal to complete. So with that said, I can see my 2 scenarios having a valid possibilities. If nothing happens by October, THEN I would start to be concerned with the future of things. Until then, I painfully wait like everyone of the other legit investors here. JMO here! I'm out of here for the day. Have a good one! SM
Knock yourself out. A lawyer would love to take your money. SM
Interesting story. Surprising that you just came on IHUB in May. I'm also surprised that you are referring back to old news.... old 75 cents buyout offer, etc. With new owners at the helm,... IMO, the past means very little in the big picture. We've not been given much news since the fairly recent buyout, and what was given was quite vague. But,... until they are ready to move in major way, I don't expect them to say much either. As we know, it's merely a waiting game. The financial audit numbers should come soon and the secondary offering they said was coming, should follow quickly. This stock should be a no-brainer for success at this point.
Prior to the buyout, as you should know by being here for a long time, Global was making money as their revenues were finally rising, but only they were making money as the PPS fluctuated very little most of the time. Their useless 75-1 RS threw most folks under the bus too back then. A long drawn out story over the years, so as I said earlier, the best thing that could have happened was getting bought out by a wealthy large company. Unfortunately that transition isn't completed overnight, resulting in waiting even more for things to come full circle. The usual summer slump isn't doing us any favors, but as they say, anything can happen any day, even the unexpected. Just hoping! IMO! SM
Shareholders including myself still have confidence, but just not chatting on here much right now as there's little to say until the company makes their move forward. No doubt we all were disappointed that things didn't make a move in April & May. Since it didn't, I suspected we were in for about a 3 month wait. Would be nice to see an earlier surprise, but not truly counting on it.
I've been around this longer than 95% of the investors here, but a good number of other investors that are still around came in about the same time I did. The best thing that could have happened was Global Holdings being bought out and becoming Element Global. Unfortunately we have to wait longer than we thought we would have to, for the final rewards. But, I feel in due time things will happen in a big way.
ALL IMO! SM
Ditto DJ. This long wait is crazy, but I feel strongly news will come that takes this to new heights. I hope we don't have to wait all summer, but it is what it is. The summer slump is famous for lower activity, but maybe we'll get a nice surprise real soon. It's all about timing and when it's the right, it will move. SM
I hope you are right. I was wondering if the summer slump we're entering, will have any bearing on when updates will come out and this thing making a serious move. It would be very disappointing to have to wait until late August or September to see something. SM
Is that link supposed to be for recent filings and disclosures?? SM
All is well. Goodnight longs! SM
Yes, Janice. When they hit the NASDAQ, I'm sure it'll be on their radar and everyone else's. SM
Just stopped in for a quick look. I WAS going to post something here, but.... Nah! No need as "All is well"! Very well IMO! Only a matter of time. Goodbye! SM
Yep, seriously. Not surprising that you showed up. SM
With the announcement by the Feds on their intentions on interest rates being past us, and the 1st Qtr. soon coming to a close, April should have a much greater potential for some serious news, etc.
IMO! SM
Hang in there Murphy! From 50,000 ft you have a great view when all is revealed. Trying now to scrap up some more coins to pick up a few more shares at these nice low prices. Don't let anyone spook you. We don't have much longer to wait, IMO! Signing out! Have a good day. SM
You're right DJ. It's just a waiting game right now. Longer than I anticipated waiting, but things of this size and nature usually aren't quick. Have a good day. SM
I think once the audited fins are posted, things will look a lot better. I would think by sometime in February as they've been working on them for a while now. SM
HA! After reading the last 20-30 post today, it's obvious that we're getting very close to the fins release. All is very well! This is my one and only. Have a great day longs! SM
All is very well! Anyone laughing now, won't be getting the last laugh. Payday is coming soon! SM
At this point, I would be very surprised if we see the audited financials released prior to January. Not very logical given where we are in the holiday season, but as always anything can happen. Once the fins are released, I suspect the secondary offering will quickly show up, followed by up-listing into the desired OTCQB market, and then the OTCQX market just prior to a major exchange up-listing as stated in a previous PR. I can't see much change occurring here the rest of this month, but remain a super buying opportunity. As TL says, All looks very well with ELGL.
As Always, JMO! SM
My one and only for the day and most likely for the rest of this month.
Ditto Pepper! Well said! Only a matter of time. SM
Yes it is, TL! Good days are obviously very near! SM
Yes it will, DJ. Doesn't appear it will be today so I'm going fishing. Have a good weekend. SM
Ditto DJ! Patiently watching and waiting. Have a good day. SM
Like everyone else, still watching and waiting. SM
Sitting, watching, waiting! $ELGL SM
I don't know for sure, but I would think it would still have a value as a shell. IF bought one day, then maybe something positive could happen with it. Maybe someone else can give their opinion on that possibility. SM
I hope Merle continues to manage the company. He's done a great, great job!! SM
Thanks for the clarification. SM
Yes, and the date was thru June 30th that he was responsible for. DUH! SM
Just stepped back in for a second to see what else is going on with the circus again. You don't know that, nor can you prove it. It's only your speculation. When you have proof, share it. SM
Even if he's still involved, he doesn't own the company anymore. SM
Why are people constantly trying to crucify Merle Ferguson? Even if he held the title of "the most famous crook that ever lived", it still has nothing to do with ELGL and our future. His last financials were thru June 30th. Since then someone else now owns his former company with the symbol of GBHD. All new people are at the helm. So what gives? The future is ELGL and nothing else. SM
GBHD??? Doesn't exist anymore so why are you mentioning that? You're wrong. There's no deception here. Do your DD. Again, the SEC would have already shut them down if there was any degree of a problem. SM
Thanks Inzane for saying exactly what I was. SM
Where's all this proof about illegal activity? SM
Again you are wrong. This company has probably raised plenty of flags with the SEC. Don't think for a second that they are sleeping on it. This company is lily white. SM
You're totally wrong. Maybe years ago that may have been the case, but with things so far along, the SEC is not sitting around drinking champagne and ignoring everything here....... Try something else my friend. SM
All is well with ELGL. After reading all the post today, I would say it's better than well. SM
Wrong again! Everything has been substantiated in the PR. The SEC is involved in all this stuff and the company has the right to withhold whatever it chooses. Any wrong doings and it would be jail time. Plain and simple. The facts will come soon and everyone will see them. I'm done here for the day.
SM
Like I just said, when new PRs come out with more facts, then we all will know. The fact they're PRd and more legally bound lends to more credibility than your accusations of them being false. As far as bond offering being found, you well know that the Chinese Wall will prevent you and everyone else from finding that info right now. I'm out of here for a bit and further replies shouldn't be needed anyway. SM
Let me rephrase that. You're exactly wrong! That's just how it works. When more facts appear then you'll see them just like everyone else. Until then, all these other unsupported comments out here mean nothing. SM