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MDog,
Good job w ebay, etc.
Indiegogo Carbon Credit Campaign for GEC Organics
https://www.indiegogo.com/projects/gec-organics#/
Good grief. Didn't you ever see Animal House?
So the answer to my question is "yes" you do have a NDA with the company.
Nothing private about the information in my posts.
Yeah? Well, then direct me to the PR and/or filing BY THE COMPANY that discloses any of the information that you have now made public.
Why don't you try to be positive.
LOL I'll pass on answering what, if anything, I have done for the company, and whether such action/inaction was "positive." My NDA demands that and my ego doesn't need it. Maybe your NDA and ego are different than mine?
Don't you have an NDA?
who have been here for awhile have HAD ENOUGH.
Oh, so you have had enough? I've had enough.
Carbonator, whether you know it or not, does tasks every day for this company. Every frickin day. Does he get paid? Not a dime.
And Majo? All he does is whine and complain.
Now you tell me who the company can do without.
Nice Dodge. lol
Plead insanity. You'll never be convicted.
It's happened many times. It's called life in pinkie land.
You can usually tell if the sell-off is a head fake based upon what happens at what appears to be the low. Invariably with a manipulated move, when the low is obtained, and a big trade is executed, the bid will immediately jump above the big trade price.
Think about it - if someone dumps a million+ shares wouldn't most shareowners be concerned and ready to sell their positions? So why would a buyer, looking for cheap shares at that price, raise his bid above the transaction price of the big trade? Because what appears to be a big seller is really a buyer, and he has manipulated the price to the point where he will take all the sale side panic shares, willingly buy all the shares the nervous nellies will sell to him. In order to insure you have no competition for the bid you raise the bid, at a time when most shareholders are in a panic and considering selling. Your broker is going to likely get you the best price anyway, so you just come off the low and let all those who panic and want to sell flow right into your offer.
So this is the way pinkies work. A market maker surveys all the bids, and notes a limited number of shares being sought on the bid side. He then gives the sell order and blows through all those bid orders and plummets the stock because there is no support. When support is broken the big trade is executed and is likely to a bid side account that is controlled by the same entity/individual that is working the sell side trades.
In other words, the intent is to buy. In order to buy cheap, you become a seller. You blow through support and then sell a million shares to yourself, using a different account and maybe a different market maker. And before the market can steady itself and see that this is a buying opportunity, you quietly sit on the bid and let the shares start coming to you. The sweet part of the whole arrangement is that you really only sold a million shares to yourself. What appears to be a huge sell-off is really only a couple hundred thousand shares changing hands.
My guess is that this was an orchestrated sell-off, done by somebody looking to buy, and he did just that. BTW so did I.
JG it was clear you made an honest mistake with your decimal point. I've done it. I'm sure everybody that has ever invested in penny stocks has.
ONE CAVEAT: Don't ever think that since the price is .007 or .07 that means you can sell at that price. If you, or anybody else, tried to dump 7 million shares you would collapse the share price. So, this is the long way in advising you, don't tell wifey if it reaches 2 cents, "Hey, look at my account statement, I've got a profit of $40,000."
No, you don't. You don't have a profit (or a loss for that matter) until you sell. So when you've sold those shares and when you have the cash in your account, then the time is ripe for thumping the chest. LOL
JG, I will venture a guess that individuals/entities in possession of at least 1,000,000 shares owns at least 95% of the OS. BUT I wouldn't necessarily conclude that the stock is in closely controlled hands.
JG, not to bust your chops, BUT,
I own 7,000,000 @ .0014.
and
6,800,000 @ .0147
are not the same, and not even close to it.
I hope you realize that any savvy follower of this stock would have known that your original statement had little to no chance of being truthful. There just wasn't enough volume under a half cent to give a person a chance to accumulate 7 million shares.
Obviously you made an innocent mistake in your original cost basis, and it could have happened to anyone. NO BIG DEAL. I believe, in fact I know, that carb's skepticism was directed to the sum claimed by grumps. That person has made similar claims in the past but the shareholder list that I have seen before never confirmed that. Doesn't necessarily mean he's lying. Just means "raised eyebrows."
And what does this have to do with the scam called Bergamo? Nothing!
No, I really don't. Any opinion I would offer would be nothing but a wild guess. Before a guess can be made, you would have to define "insiders." I haven't reviewed the post you reference, but it was authored at a time when the company had numerous active executives, including, Norman, Peter, Pardini, Merritt, and Battiato. Today the company's active participants consists only of Peter, at this time. So are you including those other shareholders in your definition of insiders, or are you just referring to Peter?
The genesis of the cc movement is driven by whom? The environmentalists and their ilk. So when thinking about it, try to see the process as a certified liberal would see it.
What do liberals like to say about any process of change? They invariably call for hearings, town hall meetings, and transparency. Of course, those devices of disclosure are only employed when convenient, but I digress from my point.
So one of the review areas that the movement and the Gold Standard has instituted is the so called town hall dialogue and review. Not that it mattered that no one actually attended, or voiced complaint, or insisted upon defined changes; the review process was extended to permit comments from someone that was unable to attend, or uninformed of the date, or bound and gagged by Peter and consequently deprived of the right to appear and vocalize concerns.
It's just the way it is. Now most people understand - it's their Rodeo, we want to ride the bull, and they make the rules, so you just wait your time in the chute and jump on for the ride only when you're told to do so. Others (and I'm not referring to you, cleaningup), naive and eager to "make a point to appear relevant," vainly search for justification for a delay. What doesn't seem to register is the thought that GLEC will do what it is told. Any other approach will only result in getting you tossed.
Ain't buying it.
Nobody makes anybody buy stock. Nobody.
It was obvious at least 4 years ago that Bergamo was a complete scam. Anybody suspending common sense to believe fairy tales of billion dollar contracts for a company without a product or service, and billion dollar wire transfers, and billion dollar stand by letters of credit, should not blame the scammer.
I am here to vent.
Really? You waste a portion of your day "venting?" Interesting life you have.
Are you telling me that our anonymous ramblings on a message board for a penny stock directly impacts the actions of our CEO?
So you tell me.....you spend every day, every week, for years, with no salary, working your butt off, trying to build something for shareholders and then have those shareholders give you nothing but grief, would it "impact" (your) actions?
Is (sic) so, you have just outed yourself as a world class hypocrite.
Huh? Well if you want to call me a hypocrite, a-hole, or anything else that's alright by me. But if you want to go after the CEO in a public forum, expect me to respond. If you don't like it, tough.
Here we go again. Bitch....pause....moan....
You want updates? You want details? You want to know what's going on? Well, thank a couple of your fellow posters, because I doubt you will get any details until everything is firmly in place.
The company has had several episodes where a couple of posters on this board have taken details from previous company releases and contacted certain named entities. These entities had no interest in answering the questions of the IHub super sleuths and the company was embarrassed by the intrusion.
From here on out, the rules, as they appear to me, will be - when things are FINALIZED and the company has a legal duty to disclose, you'll know. Until then, continue bitching (or do me a favor and sell because I'm sitting on the bid).
I'm sure you guys are really motivating the CEO, who hasn't been paid in years, to stay the course. THINK ABOUT IT!
Financially speaking, you made the right decision.
Surely you're kidding.
The trade that sent the share price to .0063 was 30 shares. That was a trade of less than a dollar. So you're going into flight mode based upon a less than a dollar trade? Really?
The trade was done only to paint the tape for a low. That way the chart shows a deep bottom trade and that scares the people stupid enough to think that you can chart penny stocks. You can't!
Look you asked me, so I assume you want my honest reply so I won't sugar coat this. You should sell your position. This penny stock is not your cup of tea. It's not worth messing up your life wondering what will happen with this stock everyday.
Penny stocks should be viewed as Vegas money (for entertainment purposes only.) If you are going to get heartburn and an upset stomach from a trade of around 20 cents this is not for you. Get your life back. Either only look once a month on the first day of each month, what the share price of the stock is and no more, or sell. It's not worth fretting about every day of your life.
Stop worrying. It causes premature aging.
So x7 and x4 are desirable multiples for you.
OK, GLEC went from .001 to over .01. That's a multiple in excess of x10.
So tell everybody, genius, when you bought? A person of your investment knowledge surely bought at the bottom and ended at selling x10.
To even suggest that a penny stock, without revenues, should track the DOW tells me all I need to know.
So tell me how many days would you be willing to work without a salary?
Another case of somebody buying more shares in a penny company than he reasonably should and then blaming someone else for his decision. Look in a mirror!
Dumbest Post of the Year.
So you really think that a penny stock should follow the Dow?
Hmmmmmm........maybe you should have bought a Dow stock.
So tell me. Do you buy a 12 year old VW and expect shiny, new BMW results?
Brother, you don't want me. I would have abandoned ship long ago and moved on to something else. It takes more than smarts. It takes tenacity, determination, devotion. Pete has it and me not near as much.
There have been a thousand times that Pete could have said, "Another dry hole. That's it, I'm done." He hasn't.
I hope everyone understands that the chance of getting a penny stock CEO with that kind of grit is close to not existing.
You guys are funny.
One day, we get all-hype: "we've got 300,000 shares on the ask @.0095 so it's going to blow right through all resistance."
The next day, its all-panic: "mercy we've haven't heard anything, surely the Gold Standard has rejected us and the company is going to hell."
Balance people, balance. The thing is not going to the moon and it's not going to the crapper.
THINK!
Somebody, for at least 2 years, has been paying the bills. Right? Sure it is. There are no more shares to issue/sell to raise money. So somebody has been paying the bills, and those bills dwarf your investment many, many times over. You think they are worried? If they were you would see millions and millions of shares hitting the exit ramp. Seen any sign of that?
Get a grip. And stop worrying about everything. I've said it before and I'll say it again. If you wake up in the morning and think the issue of the day is what happens to this penny company then you have too much skin in this race. And most importantly,who is at fault for investing more than they should in a penny stock? If you are blaming anyone other than yourself, you missed the point.
It's never as good as you think. And it's never as bad as you think.
If you want to be in the scam business, it is essential that you are smart. Herzog loved to run scams but he lacked smarts. He constantly got caught by the public and/or was outmanuevered by other scammers.
Huh? MM manipulation? That's always the popular chat. 99% of it is complete myth.
MM represent clients. Clients TELL their brokers to buy and to sell at specific price points. IF somebody wanted to buy at higher than the current bid, the bid would go up.
IF somebody wanted to sell at lower than the current ask, the ask would go down.
NOBODY DOES at this precise moment. What part of that is manipulation?
Huh? Why is that?
If you think my decisions have any any impact on what will happen, I've got good news and I've got bad news.
First, the bad news. I've been wrong so many times in business and investing that I lost count at 1,040. And that was years ago.
The good news, however, is that I have now gone 14 minutes without doing something insanely stupid. But my wife is not here to tell me otherwise.
300,000 shares @ .0095 = $2,850
How is that a big deal?
Just answering your question, but that doesn't excite me.
In order to move this freight train, you are going to need daily volume in the millions of shares on a consistent basis. Even then the moves will be subtle, with plenty of retracement.
I would find more significance in the million share trade about a week ago, because the buyer really wanted 2 million shares. Now that is something that might get your attention. That was at .008. BTW I picked up 240k shares at the same price over the last several weeks.
I've said repeatedly that you guys are just dreaming thinking this is going to take off like a rocket. Even with successful admission to the Gold Standard and an announcement of a advance contract, this thing is not going to zoom to 25 cents like some believe. It won't happen.
Personally, I would be more than delighted to see 5 cents in the next year. 10 cents and I would be delirious with joy.
Just my way of saying that there is only one choice - the Gold Standard. No other option gets you to where you want to go. Didn't mean to be sending any personal messages. Obviously, my attempt at humor wasn't effective.
Can you imagine Ray Nitschke huddling with his defensive linemen minutes before kickoff and saying: "Keep the OL off of me and I'll make 25 tackles today. I don't care what you have to do, spit in their eyes so they can't see, grab em in the nuts when there is a pile. I don't care, just do it." And one of the defensive linemen looking at him and saying, "Uh...Ray, what's plan "B"?
That's my understanding.
Look if any of you people have inside knowledge of when employees of the Gold Standard are going to place their seal of approval, let the rest of us know. That really can't be answered, can it?