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Hard to understand
The one off legal charge of 600k, when taken out of the equation would have had them headed into the black, so with no stated requirement for future capital expenditure, why do a deal like this with a board seat, a non special interest rate, and create an anchor for the stock at .09 with an "adjustment" clause which then becomes a self fulfilling prophecy at the other end.
So even with the one off legal charge their burn rate is climbing.
Any thoughts?
8K Content
ESP Gets 1m - Needs Capital
ESP Gives 16% interest - Expensive
Board Seat- Less Control
4m shares + - More Dilution
(open ended)
Sets stock at .09 value - Self Valuation
Looking for some positives here, anyone?
Why not state FIELD SERVICE TRUCKS
in the company report, if they are trucks.
As far as what Dugas said, factually NOTHING.
I love the way everyone speculates about what may be with no facts and no substance.
There seems to be no interest in keeping the shareholders informed other than the legal obligations to the SEC. I find this of great concern, together with less than specific press and accuracy.
Show me the TRUCKS!!!!!!!
Lets run this to ground and follow up on the vehicle expenditure and see if in fact they are all trucks. Do we have anyone in the area that can confirm the vehicles as a shareholder?
You are Joking
What he said is 100% accurate. There is nothing left but the purported litigation, that if it even exists is just a diversion.
Either you are Brad or God help you!
IMHO
D & O Liability Policy
Is this not just a regular liability policy to cover the Directors and Officers?
Policy Period: 8/19/2012 to 8/19/2013
Can anyone explain why this would be posted now, when it was activated 8/19, close to 3 months ago.
There is something very wrong here.
Game Over
Brad is not an officer, Fred is a victim, Kathy is a victim, the shareholders and note holders are victims of a very successful puppet master .
The company has nothing other than indications of things to come that never materialize. And now the State of Washington has caught on to the game. Brad is a master of manipulation and has obviously worked his magic as far as it can go. This company has nothing left, other than litigation. Don't have to bother turning the lights out, the power company has already done that.
The only Option
is that there will be an RS, so that the piggy bank can be raided again. Nothing as stated here, NOTHING.
Thanks CG
What justification could there be
For not issuing a press release immediately the court case was done, especially with around 500k of investor funds utilized in the process. Very less than satisfactory, responsible, or transparent.
A display of contempt and indifference for the shareholders
IMHO
Some heavy lifting going on here
Seems a lot of hard work going on to push this up.
Why no news
And why all the speculation and still no news, something fishy aside from pennyland.
More likely a real value my be .05.
The upbeat unfounded cheerleaders are getting really old.
IDEA: Lets try reality and fact for the basis of assumptions, throw in some past performance and you may get close to a balanced view.
Another Milking Cow.
If you look at the dilution with the 120m + in stock and the Bloomberg remuneration numbers together with a lack of credibility in the news on this company, tied together with balance sheets, this looks to be just another milking cow for the insiders.
Real companies keep their shareholders informed and offer access to the management, where accountability is paramount.
Hard to see that here. Looking more and more like it smells.
JMHO
Almost 100% increase
over his last trip to the well. I love organic growth!
No manipulation here, absolutely not!
Learning from History
It behooves everyone to learn from History. Then there is the definition of stupidity.
Time for a reality check
Marky Mark
Newmark Investment Limited, a corporation organized under the laws of Hong Kong
One has to wonder if th Mark in Newmark is the same one that has done such a great job with the thin film battery tech that had such great potential but was never given the chance. The creation and operation of cesspools like this with people like these should be a target of the SEC sooner than later.
Away we go again, let the pumping begin
JMHO
A Positive Outlook.
Hard to understand why anyone would be buying a stock with serious dilution, failed management, declining price, deals that are never completed, and management that issues themselves 3 times what the company they are running for deals that are never complete.
I am having trouble finding the upside. When a question is asked the person is berated and told to go away. Either everyone else is missing the point or the overly enthusiastic
a. Know something they are not sharing
A quantum leap from Historical Facts
or
b. They are part of a very Rank and poorly managed
P & D
Otherwise how can you be so positive about all the unfulfilled promises, and that would be ALL the press releases and positive deals that are not completed.
JMHO
Proctologist
The only medicine here
It can never go as low as the CEO
Scam artist and thief
Poor Kenny
All those trades and a total of less than 3K achieved.
So who turns the lights out? Probably the power company.
Sun Bleached Bones
By the time CG has finished mis managing this? or is he doing exactly what he needs? The share holders will not have enough meat on the bones for the maggots
Confused
I am confused by the number of positive postings about what is just around the corner, and the amazing things about to happen.
Can anyone explain what is positive about an officer and his immediate associates allocating themselves 3 times the stock that is put into the company they are supposed to be running when the company does a transaction, and how that is in the best interest of the shareholders and the fiduciary responsibility of public company officers.
Looks like SUBWAY
For lunch and transport. Hard to believe what a great job the guys have done whoring this one. Shameful even as a P & D
When Kenny rings it out for the cable bill they are down to the used coffee grinds. All names to remember.
Amusing but not very funny.
Izzy and Mario take a turn
Maybe another RS is in order
Increasing shareholder value #1 Goal
Interesting read and share ratio
It appears that CG and associates have a ratio of 3:1
as far as shares going to Premier
Also a capital raise of 1.5m by end of October?
Am I missing something here?
Smells like an RS
Why else the pattern we have seen , with the dilution and in activity?
Must be due for a press release, JV, takeover, maybe just waiting for a Q3 sub?
JMHO
So who's the bad guy?
You are saying that the evil Attorneys have taken Brad for a ride?
How many times would that be out of the 60+ cases. Give me a break.
It seems like there is a conversation going on between 6 voices in the one head, with the occasional interjection from an outsider, I think maybe 1 in 5 posts.
All very confusing, but I do understand Brad is doing a great job, the results speak for themselves, Now for the 6 voices to reply......
is anyone attending the aforementioned Gb11 Auction?
Where are the 8K cheerleaders?
I wrongly assumed there would be many positive posts concerning the latest company filing, and how good it is for the shareholders.
Did I miss something?
Kenny and George have no shame
And obviously the Authorities have no desire or no teeth, or both.
Probably Lunch Money
For CG and friends
Love these Guys
Still going hard ringing out the last.
"employee benefit plan".
It always was I think.
"Management has over +100 years
of combined experience in this industry"
My point is that their expertise does not seem to include construction or anything peripheral to that.
No where in any company information can I find anything that mentions participation in any area that has anything to do with an airport or commercial construction.
To an outsider it would seem to be a typically unrelated press release in an attempt to gain some momentum in the the stock to the advantage of someone having stock to sell, and having nothing to do with the core business of the company,
Anyone?
Working the Magic
Amazing development, has to be something going on.
Great Sweeping general statements
And so they have a staff over 40 great.
How many of them have expertise in any area you stated in the Quote.
Unless they are into construction here already, then you can assume they should be employing key personnel in their area of expertise, that would be oil wells and all things chemically peripheral to that.
Is there anything in the "QUOTE"
That ESPI has expertise in , help me.
Not sarcasm, FACTS
Other than telling them how to mix the detergent.
And That Makes sense
Being that they are construction experts.
After all, how hard can it be to build an Airstrip and all the peripheral requirements in a third world country, in the Mountains, probably in a rainforest, where all the equipment will have to be imported, as will skilled labor, union contracts negotiated, un predictable weather patterns, in a region that still has headhunters.
Its a no brainer really, especially for a chemical company barely making a profit. Pass me the cool aid please.
IMHO
I think DIVERSION
All this he said she said has nothing to do with what the company has or has not, What a hell of a distraction from the failings of all in management. Comedy at best, certainly entertaining, certainly not a business, not for a long time. Maybe a milking cow, but not for the shareholders.
It is getting harder to follow and seems that the Bread team has conversations solo. Five of the six voices in my head say that's ok
As an investment..................worthless
IMHO
A True Artist
Taki for President
Even the campaign is affordable
SOOOOOOOOOOOOO
A boat company with no boat no staff no premises no design no exclusivity, being controlled by someone whose claim to fame is 67 court cases maybe should be a company involved in litigation rather than Marine endeavors. We could cover both bases and go fishing while Bred sues everyone, I'm sure we could make a fortune, if we can just catch enough fish.