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I have no idea about what you have written, what your credentilas are or what you know - but it appears to be flippant at best. I, alomg with many others have been damaged in various ways. some more that others, by this jerk that calims to be a ceo. if you dojnl;t like my comments, I will find another way to get my mesg out. you, on the other hand, shld be thinking about what you write to people before you send it. i could care less if you remove me from this board, which doesn't do anything to get that stock trading anyway. I have no idea what you are trying to accomplish and frank;ly =- I couldn;t care less. GOOD LUCK. you will need it.
double - can you give me a call on my mobile? Gene
Jersey,
It increasingly sounds like this is not the "life-changing" investment some of us were lead to believe five or more years ago. Empty words, broken promises. I just hope I can get my money out and be repaid the $23,000 loan I made to GSI with the interest gs promised me in 2008 - and that is 1,000,000 additional shares of GSI stock. I restate, for the record, what I have previously written - that promise was made and number of shares stated long before there was any hint of a reverse split. If, as has been speculated, the reverse split is somewhere between one for seven to ten, then I expect somewhere between 7 to 10 million shares post split. I don't care if it comes from the company or gs (actually i would be delighted if it had to come from gs. I was 'played' and have serious doubts about this whole debacle that has cost and lost me, and others, so much. We'll see, but I am not holding my breath or I'd be long dead by now.
i am sure we'll all be looking to hear what, if anything, happens wednesday.
jersey, i hope u r right about it. but if the information is coming from gs, i have serious doubts - even more so that i will ever get repaid. sounds like we might be lucky just to recover our investment (or probably just some of it) if it ever comes to fruition.
double - u r sounding like someone who has been telling us "it's going to happen - sooner than u think - and it will be life changing. i have serious doubts. what about the comment from jersey that he expected to see significant progress "in the next few days"? that was in late march and now we are in late april. as i said before, until someone competent takes the helm, i think there is no hope, just empty words. i'll make you all a deal; because i have been so negative on this stock for so long, let me know the number of members that actually are holding this (worthless) stock. If it ever trades at a decent level (for me that would be above $0.50/share before a reverse split) I will buy every one of you a Mont Blanc pen. I hope that happens, but fear I will never have to do it. still waiting your calling.
so...after all the hype, b.s. and unfulfilled promises and 'hopes', does anyone think this will ever trade? I have serous doubts about it. Serious enough to contact SEC and abandon the stock at year end. Period.
double - i lost yr number - give me a call
Jersey - sorry to say, but these are words I have heard for five years. I'll believe it when i see it, but you can be sure that neither me nor my family will be shareholders at year end if this POS does not trade. I want out and i want to be paid what I am owed with interest. I will be contacting SEC very soon if I am not repaid $23000 plus interest PLUS the 1,000,000 (unrestricted) shares slaton promised me - and that would be AFTER any reverse split if that ever happens, because it was promised before a reverse split was even on the screen. I am dead serious about his. that POS ruined me and i want blood.
For all your information:
I have called and emailed POS so many times in the last two years and POS never replies or returns my calls. I WILL ctc SEC if i don;t see something concrete, in terms of repayment, within the next two weeks. Be sure it will be a scathing report to them. Don;t worry - this thing will never trade anyway. We all lost in varying degrees due to misguided advice and lies from slaton.
grant - thx 4 yr msg n yr support. no contact fr slaton to date i am proceeding w/legal action against both the company and slaton n will also send a letter to the sec - i could care less if it 'queers' the deal - i just want my money back - jersey has confirmed in writing it is "on the books" of gsi but i wonder if the new company is aware of it. Saparately, I ask again - if the company is, in fact, making money why can they not repay me what I was promised years ago? IMO i think this thing is going to tank n we will all lose everything we have invested.
a "nice business" that has no money, right? no money to repay debts owed? or at least make a call and say he's sorry it didn't work out the way he thought (at this point it would be hard to believe it anyway). what kind of "nice business" is that except for the one or two that control the money - that is, if there even is any.....after they have taken theirs.
and would that be something like .01/share AFTER the r/s? of course that would be better than nothing - which is what we have now
the only value imo is if slaton gets out of the way and let's ethical, competent and intelligent management take control of the company and deal - otherwise, i feel this will be a total loss for all who have been waiting - waiting and waiting with so many empty words of hope. i don;t believe he will do the right thing, which he never has anyway. i am finished. slaton was told on saturday to call me by end of day sunday. no call. as far as i am concerned, i have written this off as a total loss and am going forward with legal process. everyone - don't worry - it will not "screw up" the deal - there is no deal. bubba could be meeting gs soon. watch what is about to happen......
double - i don;t think the words "honor", "honest", "truthful", etc. are in the gsi dictionary. more likely, "lie", "cheat", and "steal" are the ones you would find. i went to law school and know a lot of lawyers. i waited a long time to do this, trying ever harder to believe what i was being told, but my patience is at an end. i am taking your advice and i will get my money from him or them one way or another.
no reply to me jersey? know how many times i have heard "keep the faith", "it will trade by the end of the month", "next month for sure", "you won't need that business you're in", "you'll be set for life", etc, etc, etc. blah, blah, blah.....i would need a calculator to count how many times i've been told this b.s. and it never, ever happens. just one delay after another, and frankly, i personally no longer believe it will ever trade. all i get are empty (or hopeful) words, with no basis in fact. i'm finally at the point where i am going to take doubles advice and get an attorney. i am so fed up with the deceit, lies and, i believe, deliberate and malicious attempts to keep me from doing what i intend to do now. something i should have done a long time ago.
so i have heard (as all of us have) for years ... nice business and profitable. so why is it not trading and why have they not repaid me what mr. slaton promised me over tow and a half years ago (that he said I would have in 30 -60 days)?
jersy - i do not understand why you will not reply to my posts to you. i fear that double's thinking may be true - that i will ultimately be not repaid and (JMO) the stock will never trade as long as slaton is involved. i sure wish i had never gotten involved with this to the extent i did. at least i would have that money in the bank (including the loan I made to him 2 years ago this month that he promised to repay in 30 to 60 days.
please tell us all your idea of what is REALLY happening as slaton has failed miserably as CEO. a goodCEO would be updating his shareholderss even the news was bad -= buit nothing whatsoever from slaton. his failure to let the sharweholders know what is really happening shows that he is not a comptent CEO - and i don;t care what anyone thinks, it what I know. period. i say again - he has no credibility whatsoevr and i expect that this thing will never trade. so what is your opinion about it?
since i have sent you now three messages and the first two got no replies at all.......
gene
jersey - i never saw a reply to my question to you about doubles thought the shell may not be required to pay me back what i loaned gsi. can you please answer? also - i have been told so many times over the past two years it would be trading "FOR SURE" in "a couple of weeks", by the end of such and such a month -- now it is the end of August he is saying - but who believes him anyway? he has zero credibility. by the way, would that be this August or some other August in our lifetime or after we're all dead (and broke)?
gene
jersey - what is your opinion about double's fear that my loan may not be honored and also, what is the latest about if and when we ever migh start trading. IMO - Slaton is not the right CEO - the right CEO would have done the needful to make sure we never stopped trading. It has been two years. What is wrong with this guy and how is anyone supposed to trust him as a leader with his track record?
gm
Jersey - obviously he does not want to talk to me. Calls, voicemails and emails are fruitless. I am deeply disappointed for the continuning delays that seem to never end. Now it's by end of third quarter? We'll see...I have ny doubts that it will ever trade again and am also confident I will never be repaid. I wish I had never gotten involved in this, as I am sure many other do as well.
To all - First, I want to thank you all for your support. I means more than you can imagine to me.
I have not written for a long time hoping and trusting that Slaton would fulfill his promises to me. He has not.
No one should have give any honor, credibility or confidence in Slaton. He is either a liar or a disallusioned idiot. Jersey, the only thing I get when I call, and I stopped a month ago, is voicemail which is never returned. So why do you tell people to call him? What is realistic in terms of when we will be trading? We are all owed some specific explannation as to why it has not traded for two years.
Slaton has lied to me so many times, and cheated me to the point of losing my Custooms Broker licence.I do not even call him anymore. BTW - the loan,interest nor the stock promised has not been repaid as I write.
Gene
grant - thank you for your continuous and very strong support. i truly appreciate it. if we do, indeed, resume trading, i would like to come and have lunch or dinner with you and your wife, and hopefully, i will have my wife from china here by then so she can be with me...............
with best regards and thanks,
gene
after the several calls i had with gil on thursday i tend to agree with jersey that it could be a mistake to write off in 2009. jmo, but i will hold on. he promised to call me before Christmas with an update on what the company is doing and finite date on which i can expect payment. i did promise not to reveal anything he told me other than that, except that he did promise again that i would get repaid in full. In addition, he again promised i would get the 1M (tradeable) shares he owes me once we start trading. again, i appreciate the support of all of you to help me get repaid.
gene
too many conditions that we have not been aware of. however, i was (amazingly) able to get gs to answer his phone last thursday. of course he apologized, but more importantly he told me to call him this thursday for an update and also told me he would tell me how much they could send me (obviously not the whole amount). he also offered the following; the reason he offered me a position on the board of directors was because "you are an entrepreneur, a true businessman". was that so many words? i'd like to believe they are true, but time will tell.
For the moment i will reserve any negative comments, although to the 1.000.000 shares I was promised last December (2008) and again in October 2009, i explained that expect those must be unrestricted shares and he agreed, although he said I would not get them until we resumed trading. of course, that all depends on if/when we ever start trading which he told me would be by February 15th latest. Let's see if he is true to his word, and the first part of that is me getting at least some of my money back (and then all. I will surely let the board know what happens} thank you all for your unwaverng support for me, whithout which i do not think i would have ever gotten this far with gs for payment.
my best regards and thanks to all,,
gene
gene
before i loaned slaton $23000 in August 2008, with promise that I would receive $28000 within 30 days or less, i cslled my trusted friend for advice as i had never done anything like this before. he told me slaton was a man of his word and i could be sure i would be paid back in the 30 days or less as slaton promised.
my mistake in not getting a promissory note from him was because i trusted too many people, including my friend, but especially slaton as he said 'we need to find a more active role for you in the company - i'd like to have you on the board of directors' and he offered me the position of managing the Argyle operation in San Diego he was in the process of taking over....??? which one of the many lies was that to cheat me out of my money?
you can be sure i have learned my lesson the hard way and also a a very, very expensive one. i've bought four million shares of this s... and also bought a million shares (of the same s...) from my dad's estate for my brothers and sister - and they are all very angry at me and not speaking to me because it is worth nothing ..... NOTHING.
but you (and that POS ceo) can be sure i will not fade away - i will not forget or forgive this deception, injustice and indiscretion - i will haunt him and do my best to expose him for what he is and do my best to bring him to justice until the day he dies. guys, don't kid yourselves, this stock will never trade again. oF course this is IMO, but it is completley due to to a true scam artist - GIL SLATON. be sure of this - i'll start calling my lawyers (of which i have many from law school) to contact the sec or whatever body oversees scam artists like slaton on monday if i am not paid.
Is there anyone that would like to join me in a class action suit?
gene
jersey - feel free to pass on my comments......
gene
double - you can be sure I won;t hold anything back if i am not paid by the end of this wek. jersey may not have any "obligation" to help me collect but i think he has the resposnsibility to advise the "ceo" what the ramifications and costs can be. i intend to get all my money bakc from that pos and i and my family will do everything possible to make sure he is exposed to the sec for what he is. we hold 5 million shares of this garbage stock and have been taken for a ride as has everyone else. he's a cheat, lies and is a swindler and i am going to use all my legal friends to see if he can be brought to justice. the idiot will not even return my calls. i have more to tell about the israel connection if i am not paid. jersey, please pass it on.
gene
really - i was told they found a market maker months ago and we were supposed to start trading 'by the end of septmeber'. this came from 'shuley', the finincial conduit to the investors in israel (more about that later if i have to). we all feel as though we have been taken for a ride - gil slaton's ride. i want my money back NOW and i will raise as much trouble as i can even if it prevents the stock from trading if i don't get it by the end of this week. you get it? pass it on to the jerk that created this nightmare for so many of us. i told you if i wasn't paid my posts would become more vitriolic and i am starting today. if i am not paid by the end of this week. as a director, i feel it is your responsibility to advise him to find or borrow the money or i will create more headaches and expense for him than he could imagine. it's not a threat, it's a promise. period. end of discussion.
gene
then you should send me a private message with my promise i will not share it publicly. gs promised me on october 29 that i would be paid by the end of november. today is december 1st and i have called and left him four voicemails since last friday. no reply, no repaymentr, no stock transfewr order - what the hell do you think i am thinking now? does that mean he's going to welch on his promise again, as he has so many times? i feel i am really entitled to know what is going opn. because i am ready to start contactiong attorneys and find out if i can sue the company and him personally which i am sure i can) for lying. where will he get the money to defend himself and the 'company' which isn't even trading?
gene
when in the world can we get a realistic (and honest) expected trading date?
jersey - do the 'restrictions' apply (if they actually do) to repayment of loans promised and overdue by more than a year? please be specific in your answer. BTW - my posts will become quite more vitriolic if i am not paid on time.
gene
i do not understand your answer when the dam thing is not even trading.
gene
what is to prevent you from explaining more about the company's "current operations"? why not? it is not trading so please be specific in answering exactly why we cannot know what is going on?? i hope you can answer all of us on those questions?
gene
jersey - do you really think this guy is capable of running the company properly to get us re-listed when he was so very irresponsible in getting us de-listed?
i have little confidence about it and wonder if it is a ploy on his part to make so many longs want to dump their shares if it ever re-lists, so he can scoop them up and make a killing for himself. i, for one will be very cautious if it ever starts trading again. i just wonder if he has such a devious and selfish mind to do such a thing.
my trust in him will increase only if i get the money and stock he owes and has promised me on time (namely Novemeber 2, 2009).
gene
jersey - so how long do we have to wait? some of us have been waiting for four or more. all we ever hear is "we'll be trading soon" or "we should be trading in two weeks". last time i talked to gs, on 10/20/09 and i asked when, he replied "certainly by the end of the year". now you are saying it could take six more months?? what is the real truth, and why can't anyone give us any information about what is really happening? why isn't someone from the company letting us know what is the real truth? as double said in an earlier email, since the company is not trading, how could information be "insider" -- so very confidential. it seems to me that something is being hidden from us.
gene
hi true - thanks for the reply and advice. i didn't finish law school, but have many friends that are lawyers so if gs welches on this promise i will be doing just that by the end of next week.
kind regards,
gene
deep - thanks for your comments and support. i'll give him the benefit of the doubt that due to the holiday weekend it may not be here until tuesday. BUT - if not i WILL start to raise as much hell as i can with sec or whoever it is that oversees these scam (scum?) companies. jersey, please tell him that he needs to send both the $28,000 and the stcok transfer certificate by express courier to arrive at my home (i have already sent you the address) by tuesday 11/2. i am also requestiong a scanned copy or at least tracking number and carrier of the express bill of lading (FedEx, etc. so I can track it.) because i trust him SO much. period.
gene
thnaks grant - today is 11/27 and it is the "end of the month" when on october 29th mr. slaton promised me i would be paid by "end of next month". he also stated that he thought the stock transfer of 1,000,000 shares he promised me back in december 2008 (due to being late in repaying) and said he would have it 'taken care of right away' and also stating 'i'm working on the owre transfer as we speak'.
as of today, no payment, two calls and an email unanswered (made and sent more than 10 days ago) and no stock transfer. what else can i say?
gene
jersey,
just to let you know I called his phone (the 732 number) yesterday, no answer, left a voice mail and no returned call or email as of today. please makse sure he has both my home and cell numbers; h:661-360-9960 C:310-863-3056) as he has promised to pay me the $28,000 he owes me "within a month or sooner". that was october 29th. and "sooner" has not happened. he also promised to have the 1,000,000 shares of additional stock (which he said he tohght was already taken care of) issued "immediately" in our conversation of October 29th. i have yet to see the transfer agent's confirmation of that. what is going on?
I am very disappointed to say the least. let him know that if i do not recieve payment by end of this month as well as the promised additionaql stock (1,000,000 shares), i am going to start writing to the SEC and see what they have to say. as a licensed u.s customs broker with ties to U.S. Treasury and Deaprtment of Homeland Security i have many close contacts with the government and friends that will tell me who to call to get this done - regardless of the consequnces of the effect on the stock which i truly beleive will never trade again anyway. but you can be sure of this - i will not go down alone.
gene
deep - i'll be more than happy (and i will do it) to buy everyone steak and the best scotch when we have a dinner - to celebrate when and if this thing ever starts to trade again, though I have serious doubts about it ever happening.
i do appreciate your kind words and support.
gene
not sure as i am not an experoencend investor as most of you are from what i read. however - even we were delisted, he sent me 250,000 shares in october 2008 as partial interets for thew loan. of course they are worthless at this moment and may be finally, but i would like to have what he said "i thougth it was already taken care of but I'll see that it's done right away". That was two weeks ago and I have not seen the transfer certificate nor the money nor have i heard from the man who made the promise.
jersey - can you shed any light on this?
gene