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Hey Hulkster......Do you still own any shares Brother? I'm not asking him much or anything....But did you keep a little piece just in case?
I don't think anyone with Google doesn't know the history of this company. So the need to constantly bring up old news is kind of weird. Its public record. he screwed up with how he converted some stocks and was investigated (and cleared) over 15 years ago...yes it was on the NYT which means it shows up on every google search still. But he was cleared and paid a small penalty , it really had nothing todd ow with tech. Yes he put a lot of eggs in the basket of WTW for a long time. That obviously never panned out. Did they have the funds? Did the heads break? Its not entirely clear other than Coates has switched gears and worked tis love this problems. Whether or not they are fixed is probably the only thing that matters. Yes he did a lot of toxic financing out of desperation to keep operating. I don't think he really had any other choice considering the length of time it took to get here. Did it destroy stock price? yup....Are original investors screwed? Yes if they didn't buy down the stock. I inherited some stock my grandfather bought as on a original investor. He thought he was leaving all his grandkids rich. ....thats notion happen....But I've bought down my shares so much that if it ever pops ill make a nice profit. If it doesn't I'm not that invested....Sadly for about 1k i bought 10x what my grandfather paid 10k for in 1990s.....so i understand a lot of people feel duped. But that time has come and gone....Its either gonna pop or go down to nothing because ehe has no more time....If these deals don't materialize the stock will dilute down to 0....so cross your fingers and if you have money to gamble with i'd but at anything with 3 zeros for sure....
Other than that.....Move on if you lost money...your not saving anyone.....its not 1994 we all have google and can see for ourselves the history of GC and the company.
Touch of Grey? George looks younger in that picture than he did 20 plus ears ago when i first met him...lol....How old is he? He must be trying to convince the Chinese contingent he's not gonna die too soon.
Interesting. I've largely given up on this dog many moons ago....But i still watch as i have a shitload of worthless stocks much like i check my numbers after the mega millions drawing....knowing full well I'm still broke...but hey.,...You never know! After every BS press release GC writes on his attic typewriter i always google the nouns mentioned and rarely find anything interesting.....But it does appear the names mentioned in this visit are actual important people....so either he's lying (entirely plausible) or these are actual big wigs in China who may mean something....so hey....there a sliver of hope for you...
http://www.asean-china-center.org/english/2016-06/14/c_135435768.htm
Ok. I'll bite. Why would you think that?
Holy batshit crazy. He is the Emperor. Noone will tell him he has no clothes on....Is he actually writing these "press releases" himself? Because no PR firm worth a nickel would allow these past them. Hasn't he just libled a company? Isn't that exactly what those companies do? I'm no finance expert. But that seems like borrowing from a bookie and then crying about the Vig.
Wtf just happened?
5 mil in trades just dropped the price 40%? This is not good for any longs....
Just for shit and giggles.....if the deal was finalized and the deposit was a ceptwd where do you see this going? I dont see even that news pushing it over 4 or 5 cents.. any thoughts?
I can't for the life of me understand how anyone is truly still excited about the prospects and I've been optimistic for decades. Time is not on our side. Thats how technology works... after 30 years it's impossible for this to still be the miracle it's been advertised and still have zero sales or production. It's almost masochistic at this point.....
With that being said it's a spec stock.....always has been. So if you rode it down to a penny you have to blame yourself too. I'd be amazed if this thing ever goes above 10 cents again.....but hey...you never know.....
http://energy.defense.gov/Blog/tabid/2569/Article/4828/defense-operational-energy-highlights-september-edition.aspx
I found this from last year....if release is true.....and let's hope it is.....he met with the right people!
These guys do appear to be in charge of alternative energy sourcing for DOD......
Fingers crossed.....
Is it even possible someone could make this up? A meeting with named defense officials? That would be insane right? ....not that it means it's gonna go, but you have to think even George is not that crazy, right?.......I know everyone is over press releases but it sure makes you stop and think just maybe the time could be near.... it's a longshot.. but even Lloyd Christmas has a one in a million shot! SO YOUR SAYING THERES A CHANCE!
I would love to be happy.....but has anyone besides me tried go ogling this Renown Power Supply ltd. Not good results......seems to be almost no news at all on this company and what I did find was strange.... very small company. Hope I'm wrong but probably why the huge news only moved the stock 10%......
Still no name? Would this not be the appropriate time to name this Chinese Manufacturer? I'm eternally optimistic, but until there is an actual other company, and these "offers" become contracts isn't this just more of the same.......otherwise we wouldn't be at 4.5 we'd be at 45 bucks......
"We are not giving 51% to anyone"........
That one sentence is the crux of why we will likely never make any money on tho stock(longs).....
Assume the technology works and your a huge successful manufacturer.......Your going to do your due diligence.....your going to meet with George and get to know him.....and then your going to invest 100's of millions in resources without full control? Not gonna happen.....George is content to die with 99% of whatever he has and not 49% of an actually profitable company.....
At this point I think he has to die before we ever see progress.....(I'm not hoping for it) just being realistic.
These asinine and grammatically incorrect PR`s are insane......they must make new investors run foe the hills......you can see what the market thinks about them as we .3 again. Are they actually paying someone to write these? Or does George dictate them stream of thought to his wife and hit ? Wow......
It is more apparent now than ever before it does not even matter whether the technology works or not as long as George refuses to cede control of operations.
Did he think the Chinese were going to give him a 100 million dollar facility and workforce without a controlling interest? I thought that was the best part about the deal...and had hoped the promise of putting the technology to immediate use would have swayed George's opinion....apparently not. Wouldn't you rather own 49% of a billion dollar company than 99% of one that is on its last leg financially?
George might be Edison for all we know, but it is obvious he can't stop from stepping on his own feet with the business operations......and why would he even want to?
The press releases are still sloppy and seem to continually put the horse before the cart so to speak in terms of where they actually are.....in this case no news is actually better than news....It just makes people more suspicious than they already are....
I think we can be assured there are no working generators in the field or we would be bombarded with news of them.
He now wants another premium stock placement? Even if there were that many suckers is that even allowable by SEC? Wouldn't it just further dilute our already watered down stock price?
If all that is needed is 10 mil why can't he access this much touted 20 mil from Duchess? Isn't that what it was for in the first place? If not then what was it intended for? Is it still available? I would guess not.....anyone know?
I had really hoped there was going to be some positive new news to follow a meeting where people left excited but I think the last few days of trading are probably indicative of how people left feeling after another meeting of the same old....
My stock is sitting where it is so I'm still keeping my fingers crossed but all the money in the world isn't going to make the company run any better.....I hold it for the same reason I buy lottery tickets....Hey, you never know!
Thanks for the meeting update...
Stocks up and volume is quadrupled.......why? I hope this is legit but why is this any different from any of the other 50 deals that have been announced and gone nowhere? Am I missing something? I hope I am....