trying to figure out how to throw away a trash barrel...
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lol your right, i was looking in the wrong place, my mistake. this puppy should run today. the permit filing is huge. it says to the investers "hey, things are moving along".. and the company isnt sitting on its hands while we squirm, things are getting done.
etrade isnt carrying the lleg press release yet... gee whiz. has the news hit any other broker sites yet?
lol not me. but i do know 2 daves with the same last name, you never know. small world. been quiet on the board for a while because i was disgusted at the pace this stock has taken, so i figured better to say nothing than say something bad. todays news is a big relief... we all know they are doing things, even if they have been quiet about it..
somehow my message was posted twice so i edited the second one to say this... make no mistake, biomass is coming to massachusetts. too many companies have to much invested for it not too. things are still chugging along, and the businesses involved didnt seemed concerned at all by moratorium on licensing. im sort of surprised this hasnt moved more on this news.
excellent news! run time? and by the way, anyone who as scared by the mass news obviously doesnt understand that the 1 year moratorium is only on granting licenses. the process is still moving forward. this process takes roughly a year or so anyway, so in essence it really doesnt have an effect on lleg... unless they stop issuing licenses altogether, which is highly unlikely. i live in mass and they have 4 biomass projects in the permit phase going on within 20 miles of me as we speak, and all of them made comments that more or less said they are unconcerned by the moratorium because of the reasons i stated above. go lleg!
im liking this premarket l2. maybe a run today in anticipation of whats coming tomorrow? ive seen crazier things lol
dont get me wrong, i like hearing all of it. if anything your negative posts made me dig a little deeper before investing. the question was, why have you focused so much time/energy in picking apart this company? anyone who does what you have for as long as you have clearly has an agenda. we're not talking about one negative post out of ten, or 1 out of 5. we're talking about every single one. i dont think anyone should be discouraged from posting what they know. however, there is a point when posting negative info crosses the line. any info is appreciated, but when one person continually posts negative after negative day in and day out for close to two years the red flags start popping. so again, i ask what is your agenda? you may gain some credibility with what your saying if you were just honest about why you were saying it. just a thought and glty.
without sounding like i am trying to personally attack you , what is your agenda here? are you a shareholder? this board is about 99% investors who wanna see this stock move, why have you spent so much time trying to knock this/keep this down? before anyone takes you seriously perhaps you should let everyone know why you have spent the better part of two years (thats as far as i went back on your postings) on this board essentially beating up on this company? all your posts have been on this board. every single one. disgruntled investor/employee/town resident? whats your agenda? id be more apt to take what your saying into consideration if your role/agenda is a little clearer
we off to the races here?
just waiting for the new website to go live to see if there are any surprises... hoping for something good
checked out his twitter page. thats a pretty bold statement about looking back on todays low stock price with envy.
what is the address for his twitter page? thanks
hello again all. i know i said the last post i wrote would be my last but i felt compelled to answer you. i dont know what they are telling people today. i know on friday i was told the following by an attorney writing to me from a gps industries email address.. this is a brief summary because from what i read in the email i cant copy it or distribute it, if i am reading it correctly. in either case this is the summary... gps industries inc was bought and they are now gps industries llc, a delaware corp. the court ordered the trustee to liquidate the shell and any assets remaining under the shell. hyman is the trustee, which is why i directed everyone to contact him. the stock can trade indefinetly even being worthless and connected to nothing. the company and the sec do nothing to stop it. they have a caveat emptor policy towards this. i have nothing to gain by telling you this. i sold my position when i got wind what was going on. it wasnt insider info, the info is public, you just have to look for it. this is how i got it: i called falcon and was given an email address to send my question to. i did so and received a reply from a lawyer with a gps email. he told me everything i just told you and then directed me to the trustee for any further questions. thats about it. from what i was told this stock is done. this isnt my opinion. this isnt my feelings. this is what i was told. everyone needs to do their own dd. it took me 5 minutes to get the right email to send my question too. i hope they did change their plan and that isnt happening, but as of friday that is what i was told. good luck everyone. thats all i can say. im out. peace and hopefully they changed their plans and you all make out.
a good example of this kind of tradingis right here http://www.usatoday.com/money/autos/2009-08-20-gm-old-stock_N.htm
you asked why they havent halted trading, well theres your answer. they may never.
good morning. the email i used to ask the big question was:
abeller@falconheadcapital.com
she forwarded it to an attorney by the name of david saslow who replied back and told me to contact hyman, and also told me what the fate of the shares are. it took about a half a day to get a reply. good luck to all. this is my last post on this board.
i have to say i think its funny this is trading so low. this company, from what i have found, has real tangible assets. they generate revenue and are expanding. then you have these broom closet operations incorporated in nevada (their headquarters always seem to be in florida too)that do nothing, have no revenue streams at all and do nothing but pump out bogus prs that are trading in pennies and higher. you gotta love the stock marktet lol or hate it. ive only been buying stocks for about a year and everytime i see this i shake my head and laugh. this is just my opinion, humble and laughable at that.
doing some more dd here. it looks like this has been in the works for quite some time. i found this
http://www.mass.gov/?pageID=eoeeaterminal&L=4&L0=Home&L1=Energy%2C+Utilities+%26+Clean+Technologies&L2=Renewable+Energy&L3=Renewable+Portfolio+Standard&sid=Eoeea&b=terminalcontent&f=doer_rps_approved&csid=Eoeea
if you scroll about halfway down you laidlaws application. i lost the link but will post it when i find it for the 2006 plans for this. like i said, this has been in the works for a while. lots invested for it not to happen in my opinion. this is huge news
multiple projects like this have already been approved in mass. this is a no brainer in my opinion. i saw it and knew this was a ship i didnt want to miss lol. not pumping. its a fact. look up biomass projects in massachusetts.
i just bought in today. the permit process should be easy for this company in my opinion. i live in mass and its a biomass friendly state with a few projects popping up all over the state, two of which are almost in my backyard lol.
thanks. i already saw that though. but with 200 mill in volume and an a/s of 9 million that would mean the entire a/s changed hands 21 times on friday? that certainly doesnt sound right. im doing my dd on what im gonna play next and came across this. i dont question you soup, i saw you over at grdo and you seem pretty straight forward. but somethings fishy with that low an a/s and that much volume... with no price movement
there is no way the a/s is 9 million lol 9 billion is more like it
hi everyone. i just wanted to be clear i am not going to say what i got back from falcon unless its clear you know the same thing. i refuse to be called a pumper or a basher. the info is public though not widely known at this point. DO YOUR OWN DD. im just a guy on a board who may or may not know what i am talking about. when the pr got released the first thing i did was call falcon. then they gave me an email to send my question to. by power hour friday i had a response which explained everything and directed me to the bk trustee if i had any other questions. thats as far as im going with it. i posted the trustee info as given to me. i suggest anyone wanting to know what i found out get their email into the trustee or call. i posted his information. good luck to all.
this is my last post of the day as i am out of posts. if you look at the site they also took down investor relations links, the ticker and quotes. no mention of bk at all anymore. they also changed names. gps industries llc, incorporated in delaware. the older name was gps industries inc and incorporated in nevada.
i cannot reply to private messages,. i just want everyone who sent me a private message to know im not ignoring you, i just dont want to post a public reply to a private message. if you want to send me a private message with your email i will gladly reply.sorry, im on the freebie plan.
i got the answer to all the questions swirling about this stock simply by calling. they gave me an email address and i got a response from an attorney. i am not posting the contents for two reasons. (1) the bottom of the email said it is illegal to disseminate the email or the info contained in it and (2) i lose whether i say the news is good or bad. if its good im a pumper if its bad im a basher. thats why i posted the trustee info so people can find out for themselves.
did anyone contact ir? i did. anyone interested in knowing the real deal with this stock should contact:
Larry S. Hyman
P.O. Box 18614
Tampa, FL 33679
E-mail: lhyman@epitrustee.com
Phone: (813)875-2701
he is the trustee appointed by the courts and who i was directed to in regards to any questions about gps industries. thats as far as i am going with it. good luck to all.
id like to see those filings. aqll i saw was apress release that said MAYBE equity would be extinguished, nothing concrete. did a lot of dd and if there are filings in regard to this please link them here.
they got bought up so i believe that doesnt happen. its a merger and the chap 11 stuff doesnt look to be applying here. they would only extinguish equity if the debts outweighed the balance sheet. i believe the merger changed all that. in my opinion only
l2 screenshot?anyone at all?? thanks much in advance
well it looks like the "IF EFFECTUATED, IF EVER" part they mentioned never happened when they said that might happen lol so far anyway.
can someone PLEASE post the l2? thanks in advance and much appreciated!
i did the all or nothing thing lol.the money i got in with was "free money" from another play. this is seriously looking good though in my opinion. no wonder they wouldnt answer my emails at ir this week. wooohooo
looking at the numbers this should hit .25-.50 in my opinion. this is just the start. lets see if there are any other prs to bump this.
wow, i am utterly speechless right now folks.. wheres our mod? i think everyone bailed when they thought the bk was gonna end bad lol glad i bought my 5 plus million shares when i did lol. go gpsnq!!!!
im shocked lol just shocked at the news. didnt think it would be this good! still cautiously optimistic though
wow, this news is huge... so far (cautiously optimistic)
so what does that mean for the stock we are holding?
not sure when we will know anything.. the email i got said its assumed the judge was appointing someone on that date to liquidate the shell and its assets meaning we get stuck holding the bag. again, they said assumed. i didnt get an answer to my point blank question on whether or not the stock will be worthless when they emerge from bankruptcy. im not even sure the courts are in business monday because of the holiday. from what i understand leaving the shareholders holding the bag was added as an amendement to the original chap 11 plan. the judge still can say no to that, however unlikely that is. the other angle could be their books are better than anticipated and there wont be a need to do that. believe it or not but from what i can see there are still a few variables that may work in the stock holders favor. we'll see. this is only my opinion, and i do not intend it to be any kind of advice. this is all just my take on things as i see them.
good question. i dont know what to make of this. if that were truly the case you couldnt give them away for free. i dont think an mm wants to get stuck holding the bag. and why did the ceo buy a 1/2 a mill back in january knowing this was coming? at much higher levels?
wow, this board has been dead. still waiting for a firm answer from the company. i emailed and asked a very straight forward question: will this stock be worthless when they emerge from chap 11. assumptions, what ifs and maybes arent cutting it. i will post as soon as i know... assuming there is anyone here left to read it
keep your fingers crossed and hope the judge denies extinguishing the equity other wise this is dead and we're all bag holders.