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Who knows who cares. In the scheme of things it's small potatoes. Pissed off a seller? Lol with a thousand shares here and there? Thats a seller? No that's an uninformed knucklehead that would sell in light of what just happened.
To be honest with you and everyone else here I wouldn't mind if it came down under a dollar because one thing you can count on is that there will be somebody waiting for the stock and that'll be me.
There are no family and friends selling. they all bought it in the open market between .003 and ..008. you think they came this far to sell it at a loss does not enough volume in there for them to want to do it or for them to be able to do it it's just a bunch of peons getting rid of this stockfor whatever stupid reason they may have in light of what just happened it is truly stupid but family and friends no I don't think so
Is there somebody here who can think clearly? For the last three years the stock has been between a half a cent and cent and a half for the most part. so what the hell are you talking about d Gor
Where is the blood in the streets that all of you are referring to? Who got hurt and at what price? Are you kidding me?
I'll follow this guy to the end of the earth with what he's done here. He is extraordinarily intelligent craftsy and modest and what he has accomplished here is just short of a miracle. The last thing he needs is your validation or anybody else on this board including me.
I think jealousy is your bed mate.
He is a multi millionaire and made his money in the turnaround and bankruptcy arenas this was a cakewalk for him. I've had dozens of conversations with him and you have no clue what is happening here and that's just fine by all of us chaos. Oh please turn positive please please please we need your validation lol
3 years ago the company had four and a half million dollars worth the debt now it has under a half a million and a business and a life disimilar to what you have.
Go take a lesson in investing 101 at your local community college
25 years of trading penny stocks. Must be a pro. Ya never know he could have made maybe as much as $5000 in a year with that kind of experience.
The company is on its way now and thank God it will be rid of non eventful opinions. Opinions you can spin not the facts. FACT. The State of NM is giving them $15 MM in cash and concessions.
THANK GOD. THAT MEANS WE WILL GET RID OF YOU AS SOON AS YOU ARE BREAK EVEN OR UP A BIT I HOPE.
GUMBIE, CHAOSTRADER, DGOR. YOU STILL LOOKING TO BUY IT AT .50 CENTS?
YOULL WILL ALL BE DEAD BEFORE THAT HAPPENS. OR MAYBE YOU ARE LOOKING TO GET IN AT A ZERO COST BASIS LIKE SOME OTHERS CLAIM.
ZERO COST BASIS. .50 CENTS. LUNACY IS EVERYWHERE.
T- 5:00 AND COUNTING.
TD it must be Chaostrader trying to cover his short. LOL Be short or be long Chaos but be something other than a talker that doesnt know what he is talking about.
Anyone looking to fill 2500???? How about 10,000? This is a perfect storm just waiting for an excuse.
You dont know what you are referring to anymore you are so confused. You are a lucky person that CG and the rest of the MGMT team does not have time for your slander and libelous comments.
But if you insist on posting them then you just may pull the lottery ticket I would love to see some of the people on this board get.
Be careful what you say more than what you do sometimes.
$4-5 dollars a share? What are you smoking?
Do you think for a second anybody with even a small undersized head on their shoulders would be here for $4 to 5 dollars a share? the equivalent of a penny and a quarter?
You are so far off the mark it's almost embarrassing to read your posts anymore.
No wonder why you trade penny stocks do you think like a penny stock investor.
There are not going to be any down drafts. Christmas is not coming early this year sorry.
When they sign their first contract it will be like a sprint race to buy it. Watch and learn.
NEWS for YOU ALL!
Global Fashion Technologies, Inc Announces Purchase of New Mexico Facility
Global To Employ 300 People in Belen, NM Facility
October 31, 2014: 08:15 AM ET
Sante Fe Springs, CA, Oct. 31, 2014 (GLOBE NEWSWIRE) -- Global Fashion Technologies, Inc (OTC: GFTI) is very pleased to announced that it has purchased a 40 acre site including a 165,000 sq ft manufacturing facility in Belen New Mexico. Global is partnering with Pure Systems International, LTD to create and operate a new state of the art Textile Fiber Rejuvenation plant at this location.
New Mexico Governor Susana Martinez welcomed Global and Pure to New Mexico while speaking at a dedication ceremony on Tuesday October 28. "Global Fashion Technologies is a forward-thinking, environmentally-conscious company that we are thrilled to have in our state creating jobs and exporting goods all over the world," said Governor Martinez. "We have significantly improved our business climate to specifically recruit manufacturing businesses like this to our state."
"Initial prep work on the building itself has already started" stated Joy Nunn, CEO of Pure Systems International. "Our unique, energy efficient production equipment is scheduled for installation very soon and we are on track to start shipping finished goods in Spring of 2015. That means we will start the hiring process in first quarter with expected employment levels to surpass 300 people when we hit full production in the facility."
"Our Research and Development efforts at Pure have yielded significant advancements in our base technology over the last few years" discussed Paul Serbiak, Managing Partner of Pure Systems. "The next generation fibers and fiber blends produced in our new state of the art facility will offer our customers superior performance to virgin fiber and to previous generations of our own technology."
"These are very important steps that confirm our commitment of creating and delivering better consumer products through sustainable innovative methods of manufacturing" said Tom Witthuhn, CEO of Global. "Our technologies and production methodologies deliver the strongest sustainability message in the market. In addition to the positive impact of rejuvenating raw materials that would normally be headed to landfills or incinerators, we can legitimately lay claim to immense water conservation. In fact, it would take over 500 billion gallons of water to grow an equal amount of cotton to the annual fiber output of this Rejuvenation facility," he added.
Chris H Giordano Co Chairman of Global stated "Having an opportunity to work with the State of New Mexico is in my opinion a pre-cursor of other similar opportunities to come as we move further down the road. Utilizing our patented technology coupled with the capital and the aggressive incentive programs that are being offered to Global by our suitors will not only create a substantial job base in the communities we work with, but will also potentially create substantial profit for our company going forward.
Sustainable products is a very large silo of opportunity for us since it at the top of the list of the most important things that CEOS of Fortune 500 companies are concentrating on according to research that was done by Verdantix.
http://www.environmentalleader.com/2014/04/23/spotlight-on-the-hows-and-whys-of-sustainable-products/
This paradigm shift in corporate policy positions us right in the middle of the vast sustainable fiber need of many major consumer product companies.
We have a world class group of intelligent, relentless and diligent people in Tom Witthuhn, Joy Nunn and Paul Serbiak. Couple that with an ability to get the financing necessary to open up facilities globally we are extremely excited for the potential that the future holds for our shareholders.
We thank them and the great State of New Mexico and its citizens for their support of what will be a long term partnership between our company their State.
http://www.abqjournal.com/487645/biz/manufacturing-plant-to-open-in-belen-300-jobs-promised.html?paperboy=loggedin&utm_source=emailed2friend
About Global Fashion Technologies Inc: In addition to marketing Fiber Rejuvenation based textiles, Global Fashion Technologies Inc. markets U.S. produced branded apparel under the Avani and Cabe Studios brands as well as private label apparel and other textile-based products.
About Pure System International LTD: Pure System International LTD is a Global Technology and Management company, the global leader in Regeneration and application technology, specializing in the analysis, mobilization and transformation of the world's largest waste streams.
To Contact Tom Witthuhn
twitthuhn@avaniclothing.com
323-277-9090
To Contact Chris H Giordano
chris@premiereopportunities.com
973-291-8900
To contact Joy Nunn
joy@puresystemint.com
212-228-3070 ext. 100
To Contact Paul Serbiak
paul@purespt.com
212-228-3070 ext. 101
You guys cant handle the truth huh? Needed to erase a well thought out message on the board?
You have a cost basis of ZERO? If you are long at all then a cost basis is implied. Each round trip trade has a cost basis and a sale price. The only way to have a zero cost basis is to have stock gifted to you.
I am a CPA and former owner of a brokerage firm who sat on a trading desk as the manager of that desk. I am retired three lifetimes over. Now as just a CPA I have to be considerably more objective balancing that with the subjectiveness of the AICPA, FASB rules and the PCAOB. Our integrity is always in question and we have much more than most people with a professional designation next to their name. That includes doctors, dentists and attorneys if thats what you imagine yourself to be. Please share. Enquiring minds want to know!
The nonsense on this board and I guess every board here on IHUB is just indicative of the issues people have with self worth and self actualization. Narcissism and Oedipus comes to mind.
Just for the record I handed DGOR's message over to one of the members of the BOD. One laughed when I told him we have a "legal sleuth" and his/her client justifying each other's existence.
Like they said dont take it so personally for they know not what they do nor understand what they are involved in. Let them exist since they have that right and that they are meaningless in the scheme of things. Well thought out and truer words? Never.
CG specifically said they are shutting down all communications with anybody via email and telephone calls. Too much at stake to waste time with people who do not have any sense of reality nor enough experience or insight to ask questions that arent entrapping.
He said there has not been one question via email or telephone that does not lean to "inside information" being requested in some shape or form.
From are you releasing "big news" today, are you buying Kiton, is Ralph Lauren joining the company, to are you merging with Michael Kors. I mean what the heck is wrong with people?
Very nice guys. Now they eliminated any chance of communication with the principals of this company. Now you can chit chat all you want here on the board and wait for the news like shareholders normally do. Im glad I never infringed like that. I at least can talk to Tom and Chris whenever I want.
Nice going guys. Now you have no communication with management whatsoever except thru the reading of 10Q's and K's.
Happy investing!!!
Chris T this guy is a class one ingrate who is obviously jealous of anything CG at GFTI is involved in. Just look at his posts over there.
If CG says this deal is a winner and I should be involved then I will be. He is a very saavy investor and IB that has had several very large winners that started from nothing.
Im testing you? Show me praytell. You know about as much about food and bev as a 3 yr old and nothing about this deal. I was part of a seed round in South Beach Beverage and an upstream investor as well.
You are beating a drum with no drum sticks. As usual.
Again here you are just making comments to get yourself some attention for a friend. You need to get a girlfriend or a job cuz you don't know what you're talking about.
This one you hold onto. CG told me that this MGMT team is one to bet on since they are going to combine the organic growth of their own product line with a roll up strategy that will take them to another level. The end game would be a sale to a larger player and if that does not come to pass there are over 41,000 hispanic brand distributors and food processing companies to own.
SUPER if you call the transfer agent you will learn nothing. He wont panic or create "a stir" he could care less who calls since he has nothing pending until there is. Just another ridiculous assumption on the part of a child.
Stop buying into anything Chaos, Dgor or GUMBIE say. They have not a clue.
SIMPLE GUYS? You really are an amateur. Call the TA? Escalate? We are owed nothing until there is something. Period. Then there is something called a dividend payout ratio. On HISP it may be different than on Direct LED.
Whatever Trident decided to pay on either will be determined at the time they distribute it. They may decide to payout 10% of the common stock in a company or 50%.
You need to go read Graham and Dodd or Stock Market Theory. Two basic books on the market. This way you will not embarass yourself anymore.
ENTITLED TO DIVIDENDS? I believe you are wrong. We are not entitle to anything. The said shares are the property and assets of Trident. When they decide to spin off the stock we will receive our proportionate share if we still are shareholders of record.
The value of GFTI will dwarf anything a shareholder will receive in dividends by a few football fields.
Your sense of entitlement is just more lip from someone who now is a long side supporter that a "naked short" seller.
Gimme a break CHAOS you dont own a share and your just here becasue you do not have a job to go to.
There will be no shooting, blast offs, hurling, take offs or anything else that resembles a stock moving higher until there is a contract.
Then there is a reason for sideliners to get more aggressive.
Until then enjoy watching the paint dry. Its a masterpiece.
Looks like the State of New Mexico is going to sign off on an incentive package this week that is EXTREMELY meaningful.
The Rocket is on the launchpad.
T minus ----- and counting
Check engine 3
I know one thing 70% of the current float is held by friends and people close to the company. I know there is nobody on the board outside that group with a large enough position to hurt the stock.
How old is Chaos by the way? Is he old enough to have an account at a brokerage firm?
Im not Greenback. Im me.
Chaos. Im sure everyone here knows what you are after I spanked you like a 2 year old boy. You have no cash, no market maker, nothing. You are just a little boy with a big mouth who does not know what he is talking about.
Did yo momma not give you enuff love "private Pyle?"
LOLOLOLOLOL
Yeah OK Chaos. Keep dreaming. You have a MM. LOL
One more thing. I would not look for any trading in this stock until a contract for the fiber business is announced. Just look at it like a private company that you own stock in that is waiting for its IPO. It does not matter if the stock trades at .25c or $2.00.
The real trading that will occur once it starts will adjust any aberrations like that in a day or more than likey 5 minutes. So I would be a buyer and will be on any dips that may occur.
However, there will be no IR like you typically have with these garbage cans that typically trade on the pinks/BB. NO emails, web sites or paid for research reports.
It will be people in the know that have real money and a long term perspective.
We are not that far off from three things that need to happen in order for real trading to begin.
1. State of NM signing off and making a PR campaign out of creating hundreds of jobs in Belen, NM
2. The purchase of the Solo Cup facility in Belen
3. A major long term supply contract with a company that according to MGMT will supply the company with $10,000,000 in earnings per ANNUM. And thats just one contract.
4. The financing being available to do the above. Which they have already retained sources for both the equity and the debt packages.
So when it does open it will be traded agressively IMHO.
Pay no attention to anything you read here with any new bashers or old. The company is on track to have a watershed year end and spectacular 2015.
Happy investing.
Lastly, CHAOSTRADER YOU CANNOT SHORT THIS STOCK!! There is no stock to borrow. I have been at this a long time and I know for a fact after checking with the TA, CEDE, E TRADE and FIDELITY.
So stop your BS. The only way you can short this is a "naked short" and there isnt a brokerage firm out there that will let you do that. You would have to have to be on a trading desk with a discretionary account. Now I can assure you that no trader would be allowed to post on I HUB.
Stop your BS. Its stupid and baseless and you dont know what the hell you are talking about.
Your just looking for attention. Did you not get you enough love as a child?
Your offers? LOL What could you possibly have 5000 shares? What a maroon. When it is ready they will eat your offers like a light lunch. YOUR OFFERS. Gimme a break. There is not one person on this board that had more than a few million shares with the exception of me and Jon Schulz. Now divide your few million shares by 350 and that means at best you have 5000 shares. LOL
Oh please dont get in the way of the stock going up. Give us all a break and stop trying to pretend your something of substance.
DGOR. AGGRAVATED "SOLE" YOU SAID? IT IS SPELLED SOUL!!! LIKE I SAID INTELLIGIBLE FORMS OF LIFE ARE HARD TO FIND HERE ON THIS BOARD SO STOP TRYING TO ACT LIKE YOU ARE ONE.
DGOR you are nothing more than an angry AQUA LUNG that doesnt sit on a park bench because nobody wants you sitting next to them.
CALL THE HORSE MITTY JUST LIKE LUNA SAID. OTHER WISE STAY SILENT. YOU HAVE NOT HAD ONE INTELLIGIBLE THING TO SAY HERE EVER AND YOU HAVE ALWAYS BEEN WRONG.
GUMBIE you are a jealous and vindictive person who has nothing better to to but pay attention to GFTI. DGOR and YOU need to get an apartment together on SKID ROW with all the other wash-outs
THERE WILL BE NO IR DGOR, IGOR WHATEVER. THERE WILL ONLY BE REAL LONG TERM BUYERS BOTH HERE AND OVERSEAS AND NONE OF THE IR BS YOU ARE USED TO.
THIS IS A COMPANY THAT ALL HERE WILL LOOK BACK AND SAY, "I SHOULD HAVE BOUGHT MORE! DAMMIT!"
INSECURIOUS the people on this board do not matter. Nobody on this board has any real money to make a difference in this stock to begin with. The people and entities that will be involved will come shortly after the first contract is announced.
When it happens you will know. Before that expect nothing. The bid may go up slightly or down slightly from here. But as you can see it has not gone down and gotten crushed like some of the knuckleheads on this board think or better yet want to see happen.
Be a little more patient and you will begin to see the fruits of such patience.
This is a company with as the CEO calls it "a game changing technology". There will be very large long term supply contracts with Fortune 1000 companies and a partnership with major banks and private equity groups.
This is not what it was a year ago or even six months ago. CG made some turns here and there but he straightened out the badly needed wheel alignment that this car needed and it is on a clear and straight path to the GOAL LINE. We are in the RED ZONE and about to score. I call and speak with these guys and do not rely on the one liners or plethora of BS that is posted here.
See you next time at the beginning of the 4th quarter. Sometimes thats when the greatest games are won. And in the case of the naysayers LOST. LOL
BLADELAWLESS, GUMBIE AND DGOR. Wow now picture this. In just a few short weeks we will be able to be rid of all them at once. Like a Three Stooges slap by MOE. See ya porcupines!!! LOL
BLADELAWLESS wont even get a month of bashing before its over. PUNK!
GUMBIE you havent a clue. It is public and in the process of doing an acquisition of a substantial company.
WHO TOOK DOWN MY LINK TO GUMBIE??? Is it you GREENBACK?
It is not off topic and I answered his question and everyone elses question about Direct Led.
Gumby gives up: Man who tried and failed to rob a 7-Eleven ...
www.dailymail.co.uk/.../Gumby-gives-Man-tried-failed-rob-7...
Again grasshoppers, they are waiting on DTC approval before new symbol GFTI goesa into effect and any real trading begins.
Yup been very quiet but I think that may change soon. Things are in motion.
What did I start here? LOL There is life on the board. When you call somebody sum thing or something it evokes passion I guess. But it is the same few people again and that empty clay head GUMBIE.
Gumbie? Really? Sir you are no GUMBIE! LOL
What do you do for a living GreenBack. It must be clerical or administrative. When someone takes 4.5 MM worth of debt and squashes it to almost zero and in the process develops a viable business that carries the conmpany up until there is a gargantuan opportunity whichy could lead to a valuation of over a billion dollars in a few years you take notice and you cheer. Thats right cheer.
If it wasnt for CG you would not even be a passenger on this train because you would not have known about it because it would not exist without him. If you are not a fan then you are not a very smart investor I guess. How do you back a jockey you dont like?
Lastly, I dont think he cares about getting your admiration or approval. The guy is already a multi millionaire on his way to becoming part of the $100,000,000 club. I am ready to ride in his wake.
You are also I guess. Your still long arent you.