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I just tried to place a sell order for GLEC with Merrill Lynch and the rep told me that ML has this "blocked" and will not trade it. They said there is a LPS1 on it whatever that means. The rep said in order to sell the shares I would need to find a brokerage firm that would take the shares from ML and then sell them for me. Does anyone know any firms that would sell my shares of GLEC ?
Did someone sell / buy over 1M shares today at .0036 ? Or are the Yahoo charts wrong ?
Good question.... I have not asked about buying... just selling. But I've seen shares being bought / sold over the past few months every once in a while.
I'm afraid I'm done buying these days !
Yes, If I call Merrill and talk to a broker they can sell my shares... I can't do it online via their website. Probably because of the share price. But they are still active on the ML website.... showing a huge loss of course ! LOL
Nobody is posting here anymore.... no updates.... but my shares in Merrill are still active.... makes no sense.
The problem I have is that I can't sell any shares online (Merrill Lynch) because of the share price. I have to call them and place an order over the phone and then it has to get "reviewed and approved" by who knows. When will the share price and stock be able to trade again online ? Does GLEC have to file something with the SEC to bring them up to some level or ?? Any insight to this would be appreciated ! I'm a long term investor...
Someone needed $10 for lunch today ? Really ?
Someone sold a bunch today... share price is rock bottom... again.
Question.... doesn't GLEC still have those Carbon Credits that were issued to them for the fertilizer business ? Are they worth anything anymore ?
Any news on GLEC ? Still in business ?
What new rules ? Not sure what you mean...
My Merrill Lynch account had no share price for weeks / months... just a blank field but this past week it's now showing 0.0001
Looks like we dropped a few zeros of the stock price.... anyone know if something is going on ?
“Was It Over When The Germans Bombed Pearl Harbor? Hell No!”
What is going on now ? A possible announcement ?
GLEC 14/15 starter, what does that mean ?
Did anyone else get an email from your broker similar to this ? Does it mean GLEC is now totally doomed ?
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New rules will affect your ability to buy and sell “Pink No Information” securities, including at E*TRADE
On September 28, 2021, new requirements take effect that will impact the market for—and value of—certain “over-the-counter (OTC) securities” you currently hold or have held in the past. The new rules apply to “Pink No Information” OTC securities of companies that fail to publicly report and keep current financial and other company information and will restrict the ability of U.S. brokers, like E*TRADE from making these products generally available.
Some background on the new requirements
The Securities and Exchange Commission (SEC) recently adopted amendments to SEC Rule 15c2-11 governing the submission and publication of OTC quotations. These amendments will prohibit broker-dealers from submitting or publicly disseminating bid/ask quotations for OTC securities of issuers that do not meet enhanced information filing requirements.
Securities of issuers that make the required information publicly available by the deadline in the rule should not be affected.
What these changes mean for you
Starting September 28, 2021, you will no longer be able to buy or sell “Pink No Information” OTC securities through E*TRADE. Other restrictions related to the purchase of these securities may apply sooner. Please keep in mind that the upcoming changes will negatively affect the value of any “Pink No Information” OTC securities you hold now or in the future.
I've been around since 2015.... bought shares over the years... break even is .0035 So if it goes past that I'm good....
Where is the news ??
Anybody know what's going on here ?
I would have to agree with you on that... amazing there are still some trades here and there for this stock... small ones... which I don't really understand...
Does anyone know if the employees at the fertilizer plant are still working during this pandemic ?
What do you have to do ? Eat it or smoke it ?
I wish "our day" would come soon.... it's been a looooong wait...
I want to buy mine in Home Depot or Lowes.
Hello all, it's going to be a month without any updates... does anyone have any new status ?
thanks !
Have they determined pricing ? wholesale / retail ?
very good point.... anyone want to comment ?
Interesting trades going on.... meaning there is still some activity but no posts ? Anyone want to chime in on anything ?
I ran out of gas 9 months ago and still waiting for AAA with a tow truck... I only wish for some sort of an update...
It must be my broker....
I don't know about anyone else but my broker has restricted every buy or sell order I place "on review" because GLEC is on the Pink Sheets. As far as for me it's going to take days / weeks to either acquire or sell shares of GLEC. They said it's due to new SEC requirements / regulations. Has anyone else experienced this change with their broker ?
It was a quote from the movie Animal House.... you didn't know that ?
Just hopeful !
Well keep up the good work !! I hope you and the team succeed in making this happen !
Thanks maddog for the update.... just been a very long long process for all of us.... hoping that things turn around in the near future...
What the heck is going on here ? I thought some news (good or bad) was headed our way.... can anyone comment on current status ?
thanks !
I just tried to place a "buy order" for GLEC and received this message:
Buy orders are currently blocked for this security. Your order has not been placed. (RES_AER_0844)
Any ideas ?? What's going on with GLEC ?
Hello all... has anyone made a visit to the Alabama facility ? Any update or status on how they are doing there ?
Can anyone confirm we are still making fertilizer at the Alabama site ? Has someone made a site visit lately ? Any update would be appreciated....