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Anyone know when their 3rd Q report due out?
Hi Tacky
I think the price has to be held up a sthe gang of 3, Adessky, Renken and Azimov get shares in lieu of salary The higher they can keep the price the better.
If they stop the nightly pump the price will collapse. I do not believe there are any serious buyers just some day traders, some of whom do make $s
No insiders buy because they know there is nothing there.
R.I.P. GCEI
Great new web site....all they can offer is the old gassification tech that failed years ago. What happened to the Algae Reit.
So much to invest for $s on the way LMAO
Absolute rubbish!!! Known these clowns for 10 years They never intended to implement any business, even when they could have.
When they started there was, I think, an attempt to do real business with UK Coal, but they could not raise any cash to do it. They resorted to milking it for anything they could get...salaries transferred into stock etc.
Unless you know them it is hard to understand how such a business can still be bs'ing along.
Azimov track record explains it all Heart Health to Gospel City to Blue Gold Water to Rare Earth to plastic recycling to zero
If you are all lucky Az and Ad will sell it as a shell
Good luck!
No news ----pathetic
EPHS is based in Montreal !!
Auditors in Houston!!
Was STNN . acquired a few months ago .
I see that there is a new company web site. Clean minimalist and no mention of Algae at all. Very DIY web site; could they not pay the fees?
Usual rubbish about their gasifier that never worked and
Plazma arc that was another dud.
Just waiting for Cannabis production! Check out Renken's and Bentivolio's new one - EPHS. Merger ahead?
Hmmmmm
The silence is deafening Where is everyone??
Thanks wballer I did not know GCEI was not fully reporting It used to be. What happened?
Saw the annual report; unaudited it means nothing.
How do I find the 2017 annual report? Its not on Edgar and the corp web site has not been touched for over 18 months WTF?
Does anyone know who is running the company. Is Azimov still around, I know he had bad cancer. Renken is obviously past it with his Parkinsons and the website has not been touched for over a year.
The last filing sounded like Adessky's disjointed English
I think GCEI is dead but no one has told the patient yet.
Oh dear!!! Bud Klepper sold the patent and rights to Range Fuels. Range fuels got a US Gov grant of millions to build plant It never worked even after millions spent and Range went bust.
Range Fuels made GCEI sign and agreement saying it had no rights to the tech; which it did not.
P Azimov, Earls cousin, was a high school physics teacher who EA made chief scientific officer of GCEI He worked with Senecal of Cascade Paper, Canada. Cascades used a gasification process developed by ThermChem in Baltimore. PA and S tried to copy it and got a contract with Valleyfield but IT NEVER WORKED so end of Valleyfield project.That was 2009. When GCEI produced the 2008 annual report it included signed off by the accountant.
Everything then collapsed as the auditor had not audited the accounts as he had not been paid
They supplied fake docs to the SEC for filing.
GCEI lost fully reporting status and the CPA disbarred and the CTO was imposed.
Please wake up!
Now that takes me back...The Klepper tech was sold to Vinod Koshler and Range Fuels. It never worked. ECE was started by Renken to to sell a licence it never owned to GCEI for lots of shares. Usual rubbish from this gang of thieves
The vortex pump based on an idea 'borrowed' from Bucknell University It never worked either. That is why GCEI lost its UK coal connection and its President and founder Grob
See what Fridays news update is....can't wait
My wife and I bought 240,000 shares for $100,000 when Travis Robinson was the President Long way to break even
First Addesky now Azimov Rats deserting a sinking ship?
Any one watch HTIC , one of Azimov's other disastors
Shame Drexell's not around still. they would have liked to do a junk bond issue for GCEI with 50% going to them as fees.
But thinking about it not even Milken in his prime would have done a bond for our baby Just too junky.
Still we have to algae REIT to look forward too. Do you remember they were looking at some old shrimp ponds in West Texas in 2009 there u could have the real estate as the REIT and the ponds growing algae. Brilliant
Good luck to all
Elliot Bier I remember him well Azimov introduced him as CEO designate of GCEI. He told me he had seen the underwriters in NY and they guaranteed price of GCEI stock once trading would be $1. I did not trust him but when it was confirmed by Azimov I accepted it as true. Bier came across as a snake oil salesman even wearing a fake diamond encrusted Rolex on the outside of his shirt sleeve . Unbelievable. Like a fool I bought 240,000 shares for $100k
Azimov and Adessky told me Azimov's family extremely rich and were investing. When it all started to go wrong I enquired of friends, only to be told oh Earl A is just a 'happy child' dont take any notice of what he says.
I sold most of my shares in 2009 at a huge loss after their 2008 audited accounts were filed and looked odd. I rang the auditor who said he had not done the audit yet. He was later struck off. I did report it to the SEC and was surprised that GCE was not closed down too but they did have to have there audits redone.
Just my opinions and wp. Take care all
Algae REIT is a GCEI exclusive. You have to understand this sad little bunch of fools who believe the more deals you have to show the better it looks.
Unlike a real company that has an real business, concentrates on it and builds a successful company they have no ability to make anything. Not only do they have no ambition they have no intention as it would mean spending money that could be spend elsewhere. That is why an original business of pyrolytic gasification of carbon waste drifted into recycling catalysts, tires, Algae and now light bulbs.
Azimov is a good eye doctor but he knows little of the GCEI business. In 2007 he was pushing Plasma but stopped when he was told it had huge operating problems. Same with recycling tires that need a different machine to gasify depending on the chemical compounds of the tire - they all differ.
In 2008 they were looking at an algae project in West Texas in old prawn farm ponds. That stopped because of the problems of pyrolysis due to contamination.
Pyrolytic gasification is a very difficult process as evidenced by Range Fuels and their millions of US Gov $'s who failed to get their process to work well enough even though it was supposed to be the best.
I suppose that I am saying if you understand the basics of the GCEI business the attraction of LEDs must shine bright.
Moths to the flame?
He must be to continually post and repost all the old discredited news. I just assumed he was being paid or was the alter ego for Renken.
Would not surprise me if they get suspended soon
Pure Azimov Tires to fuel delayed until 2017 no mention of PGM and a strange new business.
Just like his old Gospel City to Heart Health to Blue Gold to Dragon Polymers to HITEC over 8 years Old business quietly dies and a new one pops up.
What are the bets GCEI will become EMA run by Levine soon
What happened to the early June announcement? Please do not tell me that that was it
The pump had a valid patent but sadly the pump never worked. It was an attempted copy of a vortex pump by Phil Azimov, Earl's cousin who was a physics teacher, sadly now deceased
Gross embarrassment and it cost GCE the UK coal project. Same story with the gasification plant that they patented - it never worked.
Usual story with GCEI owners too cheap (they never raised any significant cash) to buy working tech and tried to copy what they were supposed to be buying unsuccessfully.
They have no office and no employees. There is nothing there. Back in 2008 it was a story stock now just a shell with repeats of the old story just like Azimov's others -Gospel City, Blue Gold, Dragon Polymers
I along with several friends put start up cash in here in 2006/7 and wish that it would work out but certainly not holding my breath.
The only fact that makes me feel something may be happening is the resignation of Adessky at the end of 2015
I know him and he is not to sort of guy to give up his directorship or position as CFO and Co Sec easily
Perhaps a potential lender/partner/investor made his departure a condition
It would not be because he needed to sell shares...he has an arrangement with Renken for that.
Having followed this board I can not see where the rumours came from. There is no IR department as such. Renken picks up the phone on his desk in the lobby of Houston Ind materials office. There is no GCEI office and no staff. The only office they ever had with staff was in Boulder back in 2006 That closed coz Adessky failed to pay rent and salaries.
What are you talking about?? Every day since the pump started between 35% and 100% more shares have been sold every day than bought.
Where are they all coming from?
30 ton a day pyrolysis plant sounds impressive Whose plant is it? GCEI does not have one .
Talking of tire recycling take a look at HTIC It was one of Azimov's disasters (formerly Gospel City then Heart Health then Blue Gold then Dragon Polymer until he sold the shell)
Adessky left November last year. Shouldn't we have been told.
No news, no press updates, usual BS about deals closing soon. Office in Montreal gone. 2015 financials unaudited.
Guess it will be gone soon
Tristan da Cunha - The technology covered by the patents did not work. The Vortex pump was just an airlift pump that did not work as intended and the UK Coal recovery project was lost. The Gasifier did not perform as required at the proposed Salaberry-de-Valleyfield site which is why that project went quiet. I was working in Toronto at the time and the story was that they had no cash to develop the gasifier hence their being sued for non payment by Cascades for the work they did on it. Like other early investors I lost money on this stock and you could say I am biased.
Do you think that the CTO can be lifted when the CFO has been disbarred by the Quebec Bar for 6 years for theft relating to GCEI. Can't help. According to Montreal Gazette getting a lawyer disbarred in Quebec is unusual and indicates substantial bad behaviour. Adessky did appeal and it was thrown out.
Some of the recent activity may be connected to the fact that Adessky our CFO has very recently been disbarred by the Barreau du Quebec for misappropriation relating to GCEI.
It can not help the Canadian CTO and I fail to see how he could remain as CFO acceptable to the SEC.
Dragon Polymers (DRAG) is controlled by Miazzi Ventures Inc. Miazzi has been the main Azimov vehicle for years:
'Key Financials are not available as MIAZZI VENTURES INC.LES ENTREPRISES MIAZZI INC. has not filed accounts. Accounts are required to be filed on or before 20/09/2013.
Directors
Current Officer Name
EARL AZIMOV
MICHAEL KRON
MARK DIAMOND
ELLIOT L. BIER
BRIAN LEVINE'
erm interesting to see our Mr Levine there.
DRAG is the latest in a history of Azimov pump and dumps. Read its history in their latest quarterly - Gospel City ANGJ) becomes Heart Health (HHEL)becomes Blue Gold then Dragon. Each went down to 0.001 before being reborn
Well in my opinion its RR selling for the holiday weekend Anyone looked at Azimovs other pink sheet baby recently - DRAG ?. Like the other pinks he controlled it has sunk to zero. GCEI next???
Synd I get the feeling you know a lot about these guys.
Maybe because they have read the Quarterly and seen the company is insolvent
Well synd it is an impressive PDF full of useful disinformation
$5m founders investment ... now I am laughing too
GCEI is a bunch of chiefs with not a single indian, no cash and no working gasification tech except what they plan to buy with money they dont have. Hmmmmf
The grant is to Nova Renew not GCEI
Nova and GCEI have an agreement for GCEI to finance Nova Renew. Someone please explain how it fits together.
Thanks glya
Renken is the one legitimate exec in GCEI which is why the others do as he says. Randy Renken maybe a shadow director but he is the boss.
I guess I am being dumb today woke too early I guess. Is Eco Resource Management the same company as Nova Renew Inc?
Their proposal to Halifax says that they have an operating plant : "ERM/AMG P2O operates continuous 24/7 except for maintenance period twice per year:" What happened to them? What happened to their plant? Why are they now Eco Resources and getting GCEI to buy them a plant as yet unselected.
Where is GCEI getting the $15m from?? Any mention of Mezzanine finance worries me. What is the deal with Nova Renew?
Thoughts comments please
GLTA
Some hard information from the Chronicle Herald business pages on Aug 22 this year:
"Global Clean Energy will provide financing through their mezzanine, equity and bond funds, as well as select technology that will yield a high return, Levine said.
Nova ReNew will oversee the operations and maintenance for the plant, which will be located in Nova Scotia, although an exact location has not been determined."
The link to the article is: http://thechronicleherald.ca/business/1149398-trucks-could-run-on-plastic
It is in Quebec,Canada not US. RCMP have charged him.
Also with reference to the October hearing before the Barreau de Quebec Disciplinary Committee:
DATE: 2013-10-07 HEURE: 9:30 SALLE: Salle 350
(Maison du Barreau)
NO DOSSIER: 06-11-02647 (Audition)
NOMS DES PARTIES: Me Claude G. Leduc c. Me Kenneth Adessky
NATURE DE LA PLAINTE: Appropriation
LIEU DE PRATIQUE: Montréal
PROCUREUR DE L'INTIMÉ: Me Robert Brunet c.r.
PRÉSIDENT: Me Jacques Lamoureux, président suppléant
MEMBRES: Me Elaine Doyon
Me Barry Landy
This is in both instances the same K. Adessky as the CFO of GCEI!!