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2050 Motors has had a 52 week high of $1.19. it's up sharply to 17 cents today on a volume under 400. Joe doesn't seem to be talking much about this company with his Green Star Products investors, I wonder why?
The last Moderator, PennyLandPlayer, was equally as enthusiastic about this stock when they received their big Patent for algae to bio diesel fuel a few years ago. What happened, nothing, not a thing. I've followed (and lost a lot of money) on this stock over the past 10 years. Just saying.........
If you think current events impact this stock, you should research Joseph LaStella, and Green Stars Electric Vehicle Story.
He was pioneering electric cars in 1994. What ever happened, the exact same thing that has happened to every other endeavor he has engaged in since then, nothing. This is a pump and dump stock that rears its ugly head every few years by reinventing themselves and identifying with the promise of current trends.
He is back at the electric car thing with 2050 Motors! Check it out for yourself.
If you think current events impact this stock, you should research Joseph LaStella, and Green Stars Electric Vehicle Story.
He was pioneering electric cars in 1994. What ever happened, the exact same thing that has happened to every other endeavor he has engaged in since then, nothing. This is a pump and dump stock that rears its ugly head every few years by reinventing themselves and identifying with the promise of current trends.
He is back at the electric car thing with 2050 Motors! Check it out for yourself.
Joe has been spewing this crap for years. Go back and read his outlook for the company propaganda for past years. No substance all speculation.
Is Joseph LaStella associated with this company? If so RUN!
I guess Joe figures this POS has played out. He didn't even try to scam new investors with his worthless outlook for 2016.
Not one thing from the 2015 version ever materialized.
You're a stand up guy Joe!!
Does anyone know when PDEP patents begin to expire?
I worry about PDEP being overshadowed by NVIDA which seems to be
making much better inroads to this technology with the auto companies. Merger/aquisition?
PLP has removed themselves from being the moderator of this board.
Not making much noise about holding a million and a half shares of this crap now!!!
BAT Cites 'Impostors' for Recent Woes
February 18, 1998|Vanessa Hua
Another TOTAL FAILURE that Joe just assumes no one will remember!!!!
]BAT International Inc., which has been subpoenaed by the Securities and Exchange Commission, attacked Internet "impostors" for spreading misinformation and said it has complied with federal regulations. The SEC subpoenaed financial documents and patent information from the Burbank automotive technology company last week following high-volume trading of the company's stock. "Any time there's that much trading, it triggers a 'hmm' from the SEC," said Bill Wason, president of a BAT subsidiary that develops car engines. He said the company was working to comply with the SEC subpoena by today. SEC officials would neither confirm nor deny the existence of an investigation. Earlier this month, more than 24 million BAT shares were traded in one day, fetching prices as high as $3.25. Share prices then began plunging. BAT, which had become a topic of discussion among investors over the World Wide Web, blamed the unusual trading activity in part on comments made by unnamed people who allegedly masqueraded as company President Joseph LaStella in Internet "chat rooms." Tuesday, BAT shares fell 2 cents to close at 54 cents on the Nasdaq bulletin board.
BAT went totally defunct. BAT SHIT is more like it!!!!
We are now into the third quarter of 2015 and not a peep out of GSPI management. No communication to the investors whatsoever!!!!
I would almost appreciate one of their BS pump and dumb press releases, that would at least show an attempt by management to show a pulse. I think Joe (like Elvis) "has left the building".
Pay dirt???? The GSPI Mother ship seems to have sunk!
2050 Motors (ETFM) 11-18-14 $3.00. 06-10-15 $0.80.
Another pump and dump. GO JOE!!!!!!
Has this company folded yet? It's hard to tell!!!
This is all you need to know about this POS!!
Cash and cash equivalents of $4,017 as of March 31, 2015.
Are you kidding me?? The end is very near!!!
Liquidity and Capital Resources
At March 31, 2015, the Company had cash and cash equivalents totaling $4,017. Although the
Company's working capital is currently in a shortfall position, we believe that cash to be generated by
existing and new business operations in 2015 will be sufficient to meet our anticipated cash needs for
working capital and capital expenditures for the next fiscal year. Please see Recent Business and
Developments section below.
The Company has no off balance sheet arrangements.
Going Concern
Management recognizes that the Company must generate additional resources to enable it to continue
operations. However, no assurance can be given that the Company will be successful in raising
additional capital. Further, there can be no assurance, assuming the Company successfully raises
additional equity, that the Company will achieve profitability or positive cash flow. If management is
unable to raise additional capital and expected significant revenues do not result in positive cash flow,
the Company will not be able to meet its obligations and will have to cease operations. The
accompanying financial statements do not include any adjustments that might result from the outcome of
these uncertainties.
I admire your ability to not let facts influence your opinions.
I never tire from sophomoric responses.
Try and get anyone at GSPI to confirm an association with 2050 Motors, and good luck with that. Better yet, try to get 2050 Motors to confirm any association with GSPI!! It won't happen,
I've tried, without success.
Firad,
There is no question that Joe LaStella is front and center in the 2050 Motors press release that you provided the link to. The fact that he has not released it to investors as news about GSPI has me wondering, is he there on behalf of GSPI, or is this something he is doing on the side for personal gain? It is not like him to miss any opportunity to pump GSPI stock, so what is really going on here?
It has been over a year since the patent for the "loop reactor for making biodiesel fuel" was granted to GSPI.
Disappointing is an understatement.
About time to expect another PUMP.
For all of you GSPI investors who have been patiently awaiting some news, I was told a news release is forthcoming.
Russ told me about it, when I called GSPI to ask one simple question. "What is the name of the electric car company that we have signed an agreement with, and which generated income for GSPI in 2014, (as stated by Joseph LaStella is the GSPI 2015 outlook)?" Russ wouldn't answer that simple question, or any other questions for that matter. Nor would he tell me his last name. Why the secrecy?
CALL 1-800-741-7648 AND ASK RUSS YOURSELF.
I don't imagine the name of the electric car company will be included in the forthcoming news release, nor will any of the statements be verifiable, just like the 2015 outlook.
AGAIN, ANOTHER FAILURE THAT WAS NEVER EXPLAINED TO THE INVESTORS!!!!!
You want to talk about BS, here you go!
SALT LAKE CITY, UT -- (Marketwire) -- 03/16/11 -- Green Star Products, Inc. (PINKSHEETS: GSPI) announced today that its newest creation, 'Italian Gun Grease,' which was developed out of their high-tech metal to metal lubricant product line, was very well received by experts in the sportsman rifle and competition pistol target markets. Italian Gun Grease was debuted at the Safari Club International 28th Annual Banquet and Fundraiser on Saturday, March 12, 2011, at the Cotillion in Palatine, Illinois. These men and women are pistol and rifle experts, who are always looking to improve their craft.
Joseph LaStella, President of Green Star, stated, "Even before its initial showcasing, the Company received multiple inquiries about the new product as a result of the press announcement on March 3rd titled 'Green Star Products Develops Exciting New Product.'
"In the days following the showcase and press release, the Company received many inquiries for information, samples and orders from a variety of outlets looking to retail the product, as well as distributors, high-end rifle manufacturers, military arms salesmen, large weapon hobbyists and a variety of sports enthusiasts."
What happened to Italian Gun Grease and GSPI, and where did Modern Spartan Systems come from? Let's have some transparency here!!
If 2050 motors is the company, why hide the fact from the investors. Still no press release, no actual confirmation that
it's a real deal. So disappointed in Joe for putting out such a feeble press release. Where's the beef?
Cant is a corner; angle; niche. Can't is an abbreviation of can not. How embarrassing is it to make such a grammatical error while correcting others?
Let's stick to the point and not worry about spelling and punctuation. What electric car company is Joe talking about, and who is GSPI building the HAPS project for? Why no answers?
In the past, this company would put out a press release for the most minor achievement. Most of which, (including all of the PR's posted above on this message board), ended up being total failures. Now Joe wants us to believe he has signed not one, but two separate contracts, that he claims are generating revenue, and there is no press release for either one? I don't buy it. I want some specifics, which were glaringly missing from that BS 2015 outlook statement.
What is the name of the electric car company, and who are you building the algae project for? These are easy questions to answer, and if the contracts are already signed, as he states, there should be no conflict in providing that information.
No excuses Joe!
"GSPI also signed a contract in the fourth quarter of 2014 to provide consulting and engineering services for an electric automobile company. This contract, which is presently in effect, produced revenue for our company in 2014. We expect a contract extension for this engineering and consulting work to be awarded to GSPI for all of 2015." What? No press release when it happened? What automobile company? If you have a valid contract, why all the secrecy?
"Green Star Products has continued to be active in the algae production business. In the fourth quarter of 2014, GSPI signed a contract to build a large proprietary demonstration Hybrid Algae Production System (HAPS) facility for a third party to produce commercial quality algae. This contract is very specific for GSPI to build and operate the HAPS system." Again, they signed a contract and there was no press release? Are you kidding me?
Where is this being built, and for whom? What is the progress to date? When does this contract expire, and what happens if the mystery third party does not extend the contract for 2015?
This 2015 outlook is so vague it is laughable.
I have a hard time believing any of this happened without a press release. It contradicts the standard operating procedure practiced
in the past.
THE INVESTORS DESERVE SPECIFICS, NOT FLUFF!!!!!
Porty, you nailed it, What News??
This is almost a carbon copy of last years news release.
Let's have some specifics. let's see some signed contracts,
proof of revenue, anything but innuendo!!
This stock will be delisted before you make any money shorting it.
Still waiting to hear how your chat with Joe went. Also interested
in the next filing, if they bother to submit one! As I write this the bid is .0035, and the ask is .02. Seriously?
GSPI closes out the year with ever increasing volume, and
diminished share value!!! So much for "Lock and Load".
Hey Joe,
Let us know how your lawsuit is going.
The fourth quarter financials will tell the true story.
An end of year update to the investors would be a nice touch Joe.
Not just China, Russian Railroads, Greek shipping companies, algae to oil producers, electric car companies........
Volume is way up!!!!
Well today is Friday, the day you were going to call Joe.
Can you share his words of wisdom? Not that any of his proclamations have ever materialized, but I could use a good laugh about this joke I invested in.
Ukrainian Railways to Test Green Star Lubrication Products.
Green Star Products Inc. on July 29 announced that Ukrainian Railways, which is one of the largest railway companies in the world, will soon start testing Green Star's TVT 24-7 (DFE) advanced lubrication and fuel additive products.
The request for testing from Green Star was approved and a directive was issued by Mr. V. O. Zaitsev, head of main administration at Ukrainian Railways. Testing should begin in early fall 2009 pending arrival of testing products from the U.S.
Ukrainian Railways (Ukrzaliznytsia) is administered by the Ministry of Transportation of Ukraine with more than 300,000 employees which service the majority of railways in the country.
Joseph LaStella, president of Green Star, stated, “Green Star has been successful in launching its marketing strategy to directly sell its TVT product line to its existing customers and newly attracted customers in manufacturing, transportation, energy and marine industries in the global advanced lubrication market. Green Star has become very aggressive in pursuing its lubrication product line. Green Star now has representatives active on five continents.”
LaStella added, “The current global green movement has become a huge marketplace for the products and services that Green Star has developed and marketed for the last 16 years.”
Green Star Products, together with its consortium partners, is now active in four distinct green industrial applications, which are: biodiesel production, algae production and processing as feedstock for both biodiesel and cellulosic ethanol, electric vehicle production and advanced lubrication.
LaStella stated, “Green Star must now expand its strategic alliances and company management and technical personnel to take advantage of these unique opportunities. Green Star has pursued and developed these green technologies long before `green' was considered the new industry.”
THIS HAPPENED IN 2009. WHERE ARE THE RESULTS?????
Excerpts from Joe's letter earlier this year.
"In conclusion, we expect 2014 to be an exciting technological year for Green Star and we fully expect that we have emerged from a very difficult economic downturn over the past five years to produce our first revenue and profit quarters in 2014."
Hey Joe, the market is reaching historic highs, only a few weeks left in 2014, how'd we do??
I'm not sure what kind of conspiracy you believe is going on here,
but I am not Dave. Vamm is not an alias for Dave.
I was just curious about you intentions to sue. Being inept is a shame, not a crime. If you know of illegal activities that are legitimately actionable, as an investor who has lost money, I would be interested in you sharing. If you based your purchase of this stock from what you read on this message board, well.... Before you retain an attorney, however, I would research how the plaintiffs against Enron are doing. Just saying...
You had your conversation with Joe on 10/23/14. This coming Thursday will be six weeks. Think Joe's headed to Salt Lake?
'joecreg7088'
You invested in a penny stock that is not doing well, and is most likely finished. I am curious to know why you keep threatening legal proceedings. Would you share the illegal activities that you plan to take action against?
I had high hopes when Joseph LaStella made this video (at the link below). This is when I thought GSPI was going to go through the roof! This entire project just disappeared without explanation to the shareholders.
http://green.autoblog.com/2009/04/04/global-green-products-announces-plans-to-build-evs-in-america/