Like with todays PR, convertible note at $2.65 per share

I agree. Everyone keeps talking about the ZeroEnergy products being installed by another company, not TGGI and VersaGreen. VersaGreen is Only a authorized dealer for ZeroEnergy products, VersaGreen hasn't sold and/or installed the product anywhere.

On February 14, 2012 we announced an exclusive agreement with Edgemont Pharmaceuticals, LLC ("Edgemont") for the commercialization of our lead product, Forfivo XL?, in the United States.
Under the terms of the agreement, Edgemont has obtained certain exclusive rights to market and sell Forfivo XL? in the U.S. In exchange, we received a $1.0 million upfront payment and could receive launch related milestones totaling up to $4.0 million.

As we enter 2013, we have received payment of the $1.0 million milestone invoiced to Edgemont at the end of the fourth quarter of 2012, and we look forward to receiving royalty income from Forfivo XL.

1 upfront payment, 1 milestone payment.

But okay, we see things differently. Agree to disagree. I just want to make some good coin of this soon...

No, that 1m payment is being amortized through 12/2015. $77,000 of that money was recorded as income ending 12/2012.
There are two 1 million dollar payments: the 1m upfront payment being recorded so much per Q until 12/2015 and the 1m launch payment invoiced on 12/31 and just recieved in Feb.
Its just a little confusing because both payments were recieved in Feb ( but one year apart) and each was for 1m. But, its all spelled out in the filing

As stated a $1m payment was just recieved in Feb. This payment was related to the launch

Which is what is reported in the 10k, it is booked as accounts receivable until its paid.
Also says upto 4m, so there might not be more as it is related to the launch, but, no one knows...

Well, seeing they just received the $1m payment in Feb for the commercial launch (it was invoiced 12/31 but recorded as accounts receivable), its a start towards 2013 profitablity

You do have a point, seeing they can't partner with any real pharma company's that could eventually sell the products

The reverse merger happened over 2 yrs ago.

You can look up any and all Pr's ever released by the CEO. You can also look up alot of the post from this board back in its beginings. Please don't just rely on the completely outdated info posted in the ibox. Wish you well and hope you make some coin.

He's been saying "the end of the month" since last Nov.
And, he's been unable to get anyone to do business with him for more than two yrs.

Well, if you've followed this company for any length of time, Its keeping in character with the same types of BS and double talk he has always put out; and never a bit of truth in any of it...but I guess there's always a chance for a first time of truth telling for anyone

Sounds like a reverse stock split coming from that email.
Funny that in this email he says he'll update the market as we get closer to being able to close the financing which will be end of April (if the stars align that is).

In the other email someone posted he states he is preparing an update to be released early this week, that they are already fully capitalized and something about an acquisition.

Just remember, Not one thing ever PR'd or emailed by this company has ever came anywhere near coming true, Just an FYI

I've been trading in this stock since before Areo reverse split into GRPS.

Went from less than 100m to almost 800m now

The CEO has told so many fabricated lies, he doesn't even remember what lies he has said and to whom:

from one post: I signed my portion of a
Memorandum of Understanding with the
investor this past Friday.

from another weeks later: that the funds will be transferred to him by the end of the month. Then, we will have to draw up the proper documents to close the transaction


Con man belong in prison being Bubba's little B*

Read any and all of the PR's every put out by this PO box company. Not one thing has every been factual, or even remotely came true. Not one.

Never said they didnt have a potential product, but in almost 3 yrs they have never gotten a single person and/or company to show any interest to want to make a purchase.

And, when this was in pennyland, there were less than 100m, he was telling everyone that they already had the equipment needed and was just looking for a building to set up shop, that they already had orders for products, that he had financing from two diff banks in Florida, and on and on and on.

I first bought this when it was at .008 and sold at .05, saw the writing on the wall. My current avg is about .0012 from the profits I made from the previous sales. Like Buffalo said, down here in pinkyland its gambling and I do love to gamble, but until otherwise proven, I do not believe one thing the CEO says.

I agree with that statement 100%

there aren't any. The same BS has been being said for more than 1 1/2 yrs.

Same old fake BS: a few more weeks, a few more weeks, a few more weeks. Mid Feb will get here and once again it will be the same BS: a few more weeks, a few more weeks, a few more weeks.

Its been like what 3 months now of the same BS. Telling the same story over and over and over again doesn't mean that eventually it will come true.

Same old thing: a few more weeks, a few more weeks, a few more weeks. Can't wait for the next "update on/around the 15th"

Oh wait, I know what it will say: just a few more weeks, if all goes right...

Same old thing: a few more weeks, a few more weeks, a few more weeks.
You can tell someone all that is "going on with the company" in an email, but you don't put out an updated PR informing everyone and having a public record of it?

Still Nothing from the company: surprise! surprise!

average - .0012

Stuck with worthless shares

Same BS he's been saying for 2 yrs, well atleast 1 1/2 yrs. There hasn't been a single thing said that has ever come true, just total BS

Well, maybe he's run out of lies to tell people. Can anyone name one thing that he has said or has PR's that was real, accurate, or has come true. Nothing but a po box and a guy with a wish list...

This has been nothing more than a po box and a wish list. And all the pumping in the world isn't going to change that...

Areoquest reverse merged into the empty shell Gold River about 2 yrs ago, give or take

All you need to do is read the PR's from the past year and the filings. You can get a pretty clear picture. It amazes me how many people buy shares in company's that have absolutely no clue about what they just bought.
Oh well, lets see if all the new pumpers can do something cause the company surely can't

Areoquest Industries reverse merged into the empty shell company GRPS about 1 1/2 yrs ago. All other info before that is irrelevant (reverse splits, other names, etc)

I'm not a newbie pumping out old info, call yourself if you need proof. I know how much share dumping has gone on.

from post #2161

Share structure and some info that I got from the CEO 30 minutes ago.

Outstanding: 380 million

Float: 250 million

Authorized: 1 billion

August 15th for the 10-Q.

Mr. Ohlin owns 3.5 mill commons, and 7 million preferred.

He states that he just got them so they are restricted and not convertible at this point in time.

I know there's another, just don't have the time right now. Your info is 6 months ago

Its profit money from the past trades, so still ahead

Yeah, when I have time to look back through 2-3 months of posts

If you can't read correctly, I'm still cash positive in this. I just see it for what it is.

It was posted on this board a few months ago when someone called the TA and got a current count, not what the number was back in Feb.

I bought this stock before the reverse merger was even completed, and been trading it since (around 2 yrs). My current avg is around .0011. But, I'm still cash positive. I don't pump or bash for my own selfish reasons, I post opinions, facts, and correct when I see stuff that is misleading

only in a dream

It was over 600m a few months ago. And they've dumped a boat load since then