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I know a lot of inventors, artists , bike builders ans business owners , that are way smart at thier craft but are not good at running thier businesses. They are however, smart enough to intrust the business to competant managers. Not slammming JB, I do not know the man and this may or not be the case. I do however, know that most highly creative people get easly bored and do not like all the details of running a busssines. People with vision don't usually have the patience to deal with all the small stuff that comes up on a daily basis. They see the big picture and the end product, but the details in between are not important to them. Unfortunately this is fine with a private co. but not a public one . Having shareholders, should mean transparancy in your business plan and actions, to attract new investors, and instill confidence in those you already have. Back in the late 70's I had a very good mentor who once said to " Don't sweat the small stuff, but take care of it or it will snowball into a large problem" I have held true to these words since then and have run several successfull ventures that have always made me profits.. Sorry for such a long post but I needed to vent and share
Being from PEI and having the Discovery channel on my sat, I am a little confused. I watched the whole show and only left for a minute or so to use the bathroom and did not see the segment. Unless it was so short (time to pee) I am almost sure it did not air.. I may be mistaken but I left the door open and did not hear anything about the co..
Been long on this co. bought in at .54 still waiting for some sort of return. They need to start selling thier app's at $2.00 , put some value to your product and people will buy it . Just like any other high end product. It's a perceived value, giving it away cheap does not make a product valuable or create a demand for it , what gives it value, is the cost and funcionality . Lot's of apps out there that are similar but this one is far superior, they need to PR this . I would like to see current fins to see how they are doing, as are potential investors. Thats my .02 worth...
Boy, thier timing couldn't have been worse for the r/s. This stock will sink fast in the next few weeks, maybe even down to .01 . Without any revenue being produced it will fall like a stone. Way too many pr's without any action. My last post, here on the board, pretty much nailed it, Post # 23007 . I have been long since smwf and have now seen 2 r/s and nothing to show in my stock portfolio.This last one pretty much wiped me outdown to 180 shares. They should have waited until revenue was comming in to do the r/s, then the price would at least stay stable and not drop. The r/s at this point did nothing but wipe out a lot of longs hoping for some sort of return in the future. Any investor doing a little dd and history search will be very wary of any capital outlay now . I am going to re-invest once the price has hit bottom because I believe in the processes they have developed, but will wait until units are in place and producing revenues. June/July? Who knows ...
Agree with most posts here and am one of many longs that will be wiped out with the r/s. Mark my words, until we can see a bid and current fins , a r/s will wipe out a lot more of us. The price will rise to $1.00 then fall to .01 if not lower, within a few weeks . Without a bid, a r/s at this point is useless for investors as well as the co. They need to get this up to .10 and then do an r/s, get the fins in order and one or two units up and running, and the price will rise, not fall . The pps will never increase and stabilize until units are up and producing power, and revenue. An r/s at this point will do nothing to help the company or our ourselves. It will only further degrade investor confidence and trust.I wish I could say, sell now and then buy at the bottom afer the r/s but without a bid any time soon that is just not possible. This co has lied and jerked us all around for so many years I just want to get out. Never going to happen without a bid. I am sure there are a lot of people out there that invested a lot more than I did and are hoping for some sort of return, I wish you luck. Mark.
I would imagine that any co. interested in buying gdtk would like to see an audit of the books first. I know I would. They do not have current financials. Al is the majority shareholder so it would be up to him to sell . The 4 months that they speak of is most likely a wait and see attitude to see what the outcome of his trial will be. I am sure thier lawyers are looking at any way they can back out and recoup thier money, or find a way to continue as sole owners. Perhaps if they wait a few months they can buy all of Reda's shares to help him pay his legal costs. . Who knows but them, how much was already advanced to gdtk. If I was them I would be very very carefull before proceeding with any projects until a complete audit can be completed. Seem kind of strange to me that any co. would invest money with a business without current financials. At this point I don't really care any more about the money ( back when this was smwf)I invested but it sure is getting interesting. Let's all see what happens a few months from now. Ps it will probably take years for the presumed guilt parties to see the inside of a court room..
Wow, I haven't checked the boards for a week and now this news. I have been long on this co. since the beginning of smwf , always thought something was not quite right . I now have the answer. How many directors are there in gdtk , hard to believe they would not know what was going on. I hope they can continue with all this negative stuff but who knows. The process they have is very good and is still viable just hope the funding does not get pulled. I will wait and see what happoens next .
I have to agree, now is not the time to buy any stock . The best time will be after the R/S when the price drops again. Seems to happen every time a R/S happens in pennyland
It appears that they do have contracts. Check out PG&E web site and do a search at the top for rtr global.
I agree with you . 1mil downloads and revenues of 400k from all sources. I posted a few months ago about this, and now I can see the proof that they are giving away the apps ,or close to it.
I really hope they go to the conference. There will be a lot of Industries represented along with government. This could be a great opportunity to showcase thier product. Just think of the application for the oil and gas industry , all those gas flares not generating anything but waste.. Just my .02 worth
Just read the newest PR , this should start to generate some interest. 2011 looks to be a good year if they can keep the costs down and get some national coverage.. Still holding
Does anyone live near the landfill site that can go and see the progress.
If you read the origninal post #444 and then Post # 452 you can see why I asked this question twice . None of this information can be verified. So either verify it with substantial facts that can be checked, or stop posting false information. No need to pump this stock, we know this product is great, we just need to be patient..
I am not sure if Miracle is the right word. What we really need is a company that is responsible to it's shareholders. This one and it's parent company ARIO is not. When I first bought this stock , I purchased it on the assumption that the e-bay liquidation aspect alone would produce significant revenues, and investors would buy in. With the addition of it's 1st store and it's 2nd on the way revenues should rise to a decent level. What we need now is a company that give shareholders, and potential shareholders, news updates and files with the SEC in a timely manner. I hope with the increased revenues thinks will change, and the company will become more transparent...Mark..
I will ask this again. Where is the information that they are working with dupont coming from?
Where is this supposed information posted. I looked at Duponts web site, and there is no news about this.
If you read the following it will give you an idea of the time frame involved. Looks to be around 5 months until any more financing will be available from Janco .
The installation will take four months and will start generating revenue 30 days after it goes on line producing electricity for Pacific Gas and Electric.
Linton further stated, "The GDT Tek team is pleased that Integrated Resources approved financing for our renewable energy project which will be overseen by JANCO Partners, and after the unit is back producing electricity our expectations are we will have additional loan approvals to fund more equipment installations which will increase our revenue through multiple units producing renewable energy in the future".
Being new to the pinks , it seems to me that these short sales really seem to hurt the market. I do have aquestion though. What happens when the stock price rises and stays there . Since these are technicaly borowed shares , does that not dilute the price of them. And what happens when the investor is caught short. Who covers the loss if the investor can't repay . thanks
Gee no wonder thay can't make any money, Version V 2.2 is a free app. Guess which app people are downloading the most. They should at least charge a one time fee maybe $1.00 That would at least generate some income.
http://www.gtxcorp.com/investors/
Sorry this a link to thier site
Just go to yahoo finance and type in gtxo
Just read the q10, showed a profit for the 1st time . Hope they can keep it up.
Just read the q10, stil not in the black yet, thier quote: During the three and nine months ended September 30, 2010, our Apps generated revenues of approximately $80,000 and $251,000, respectively. 750,00 apps downloaded
Going to take a lot of downloads to make any money still a LONG