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In the past the Company issued a lot of PR's. The last couple of years, very few. And the reason for this is money. PRs cost more.
Cheaper than mailing out a letter to shareholders and issuing a PR.
Yeah, the carbonator is foisting a grand conspiracy on the public. His motive, no doubt, is to sabotage the value of his 20+million shares. Yeah, that's it, he's going to eviscerate his own net worth.
There are a couple of guys on this board, that add a whole new dimension to the word "moron." I have patiently answered their dumb questions, but NO MORE. Being considerate to jerks never works.
To think that the carbonator, the only one on this board who knows anything about the cc business and the one who has repeatedly and consistently offered an optimistic outlook of how much that line of business means to the future of GLEC, would intentionally fail to include a paragraph regarding the cc line, is beyond ridiculous, it's preposterous.
But then again, what do you expect from morons?
Of course, it's possible. Why wouldn't it?
Oh, sorry carbonator. I see you already answered.
It's latin meaning "the following."
Cap, I said there are only 50 guys that are in the green. I'm in the red, along with the vast majority of big holders. My point was to tell the other guy that there are too few shareholders that have profits, but lots of guys that have losses to record.
I have to say this time, and time, and time again. When the volume drys up and you see days where there is no volume it is guaranteed - PRICE EROSION is coming.
When everyone was touting the move above a penny, you just assumed that it would stay there. NOPE. It was obvious the volume was decreasing and when a couple of days of no volume set in, there was no doubt about a big pullback coming.
500 million shares on the back of this stock guarantees there is always, always a seller. ONLY when the stock has enough momentum (buyers) to overcome the constant seller will the stock go up. And when the buyers leave, the seller is still there in omnipresent fashion.
In other words, when the stock is going up it literally is climbing a steep mountain. And when its going down it's like a bowling ball headed down that mountain.
And with respect to tax selling - that's just another reason to sell and just more selling pressure. So this time of year the normal amount of sellers that is forever around is compounded.
Happy New Year because I believe it will get better. In the meantime don't pay any attention to the share price.
Not a chance.
There is no definition of "average" within the IHub trade tracker legend description.
I'm pretty sure what it means is that there was a "collection" of buyers constructed to move a 1 million block of shares from one seller. The average price those buyers paid was .005, which means some paid slightly less, and some paid slightly more. Probably arranged by two trading desks, one who represented several buyers and one who represented one seller.
Of course, it could have been the opposite, viz, several sellers and one buyer. But the most likely scenario is the former.
This will unfold quickly. The appraisal and then contract letting. We'll know soon one way or the other. Actually, GLEC does not have a year of life left. It is incredible, and a credit to its CEO, that it has survived to this point.
Unless you are on margin it matters not one whit.
If you are buying penny stocks on margin you need your head examined.
The train may be boarding passengers, but it is still stalled at the station.
The locomotive does not engage into drive until the appraisal is done and cc trading becomes imminent.
The good news is that the 10Q was done. That signals that the money for the appraisal must be arranged. Otherwise, there would have been no reason to pay the auditors for the filing.
You guys are living in the past. It's cc/Castleberry or bust.
IF it's not bust, then the past may have some limited relevance going forward. But for now, its NOW, not the past.
Well, somebody gets it.
When GLEC proves its bona fides and joins the club of legitimate companies, the cycles of hype, moving the stock up, and reality, the hype is over and the buyers leave, will repeat themselves over and over. Each episode will result in a lower high for a peak.
This only ends when a real contract(s) is negotiated providing the market with reasonable assurance that GLEC has moved from another "wannabe" penny stock, to an upstart business providing real services that real entities, mostly big ones, need and are willing to pay for.
It's not about "filling gaps" as another poster theorized, its about buyers stepping away.
LOL How true. How true.
And nobody will until there is solid, verifiable proof of a contract or that a contract is imminent.
There was somebody saying that "dead days" are good. WRONG! Dead days are portents of a pull back, that the buying hype has ended. When the buying hype ends the stock has nowhere to go but down. Why? Because there is ALWAYS a seller around. The problem is that there isn't always a buyer around.
How true. How true.
Yeah, you bet. Just keep clicking those heels and we'll be in Kansas in no time.
Not in play. Really no incentive for either side. GLEC needs to concentrate on Alabama, which is the answer on the cooling towers too.
Pete and Joe.
I would add just a few things to that summary.
One, the only application that GLEC ever enjoyed exclusivity was the cooling towers industry. Neither you, nor I, have ever done anything to interfere with GLEC's rights to enter that market. To the contrary, we were a part of a small sect of individuals that was endeavoring to raise money so that GLEC could conduct necessary efficacy testing on cooling towers.
Two, I believe that Ocion's product array will be proven effective for a number of applications. Unfortunately, no buyer of the product is going to "take my word for it." Success must be proven. Proving success costs money. Those costs have been absorbed only by us and our group. We have yet to sell one liter of product, but we have had considerable costs.
Pete knew the costs that would have to be endured to successfully market Ocion products and chose to concentrate his limited resources on something different that would hopefully quickly and inexpensively create revenues - remediating soil and brokering carbon credits. The notion that we have done anything to harm GEC is absurd. We have spent 10 years of our life doing exactly the opposite.
Yeah, sure, I guess that is why Herzog sold 60 million shares @ .001.
Hola Maddog ¿Qué tal?
The SEC rules with respect to the filing of an 8k are ambiguous and interpretive. If a company doesn't want to file one it can always find a plausible legal excuse therefor; eg, a public filing would inure to the advantage of competitors.
The best manner to predict the filing is to examine closely the tendencies of the company you are following. If the company has a history of filing whenever any significant event occurs it is only reasonable to conclude that company has a very strict approach with respect to the necessity to file and will do so in accordance with that history of interpretation. Likewise, if a company does not routinely submit filings then the public should rightfully conclude that the company "may be holding something back."
As a general rule penny companies trend towards filing. Why? Because those companies want cheap publicity and hope the filing triggers a run. More mature and profitable companies, on exchanges other than otc or pinks, frequently employ a more conservative approach relating to when to file.
It is clear from any review of GLEC that it routinely files upon the occurrence of any event that could even arguably construed as a "material event." Any person taking a converse view just isn't sufficiently acquainted with the practices of GLEC.
The IRS can challenge anything. The code, however, is clear and "delisting" is NOT required prior to claiming a tax loss.
Typically the taxpayer seeking to claim a loss will obtain a letter from his stock broker stating that there is no current market for the stock and there is no reasonable expectation of a future market, rendering the stock effectively worthless.
My gosh, the stock was suspended from trading by the SEC and was banished to a land that no stock returns from. Let the IRS "challenge."
Nonsense. Herzog is a crook. That's all you need to know.
LOL
No, the question Bergamo shareholders want answered is, "When will the lying, conniving, stealing, crook Herzog going to be arrested?."