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You don't need "de-listing" to create a tax loss event.
The wisest advice I ever received as a newby investor many years ago:
It's never as bad as most people believe.
It's never as good as most people believe.
Try to live between the emotions of fear and euphoria.
No,never been there.
The control of odor has always been a very nice side effect of the remediation process at Castleberry.
You are the one that used the term "tightly held" shares. You did that. Do you not understand that term has a generally accepted definition in the marketplace? Just admit you misspoke.
Don't change the subject. YOU said that GLEC shares are "tightly held." Not true! Try looking at nobo list.
That is complete hogwash.
Great, here comes the hypesters.
In answering the questions being presented, I never intended my comments to be seen as a fait accompli that a reverse split is planned and/or imminent. I have no knowledge that is the case, and if my comments have been construed as such that would be a misinterpretation. Again, I was just answering questions that have application to general market conditions and do not necessarily apply to GLEC.
Nevertheless, your analysis/solution is not in the best interest of shareholders.
IMO there is little to no doubt that a r/s will happen. Likewise, there is little to no doubt that a r/s will positively affect the future of the company.
IF there is success with the cc program then it is IMPERATIVE that you give the stock a fighting chance to move in proportion to news. With 500mm shares that is exceedingly more difficult than a stock with a low or manageable float.
Yeah, the goal is to dry up the float. With 50,000,000 shares outstanding, there is probably only 30,000,000 in the float. (float meaning shares available for sale) It's the law of supply and demand. If the demand is high and the supply is low (or lower) then the potential for gap ups and significant % gains in the share price increase substantially.
With 500,000,000 shares there is ALWAYS someone looking to sell. And even good news is greeted with little to no gain in share price because there is always somebody sitting on the ask with a million shares. Reverse split diminishes the shares and that 1 million share ask suddenly becomes only a 100,000 share ask. Burn through that and the stock can run.
EXAMPLE ONLY (I'm not advocating for this) If the split is 1 share for 10. Then the total shares outstanding would change from 500,000,000 to 50,000,000. Theoretically the share price would go from 5 cents to 50 cents to compensate for the lesser shares and to keep the market cap the same.
As a general rule, however, reverse splits erode shareholder value. The day after the reverse split the stock might open at 50 cents, but it would probably settle into the 40-45 cent range pretty quickly. Therefore, your shares would be worth less than they were prior to the reverse split.
But the idea of having GLEC at 5 cents without a reverse, and 40 cents with a reverse, I'd take either one real quick. LOL That is a problem I would like to have.
A reverse split makes no sense unless the share price is at least 5 cents.
It's all about market cap, not share price.
There is only one person on this Board that has had his name appear publicly. Not you. There is only one person whose address and other personal particulars has been disclosed here. Not you. I've been here for years and years and years. Not you.
And now you want to tell me that I need to answer even more questions. I've been answering the other posters' questions to the best of my ability for years and years and years. I've never asked for anything in return. Even today when I answered your question about possible contractual agreements in effect before ccc, rather than express appreciation for the information you prefer to ascend to a new level of "lets throw arbpro's private life out for further public exposure."
I'm tired of your amateur BS character assassination. Let's start with you answering my question:
WHY is it that I and my partner, labeled by you as bad guys trying to harm the company, know so much about this company? Surely, some hotshot like you that brags about talking to Pete and then goes on this Board reporting his every word, would be privy to the best information. But you aren't. Why?
I'm sick of my reputation being attacked by guys like you that have never done a single thing for the company. How much money have you loaned to it? Not a fricking dime. How many hours of uncompensated work have you performed for the company? Nary a second. How many deals have you tried to put together for this company? I could go on and on and on.
I know damn well the source of your information. Remember this - reliance upon another for your public utterances of false and defamatory statements is a shaky legal position. That is particularly true, when you have been warned that your allegations are without merit.
My patience is almost exhausted. I have repeatedly turned the other cheek while you guys have damaged my reputation. When you cross the line, be prepared to defend your conduct. But you already know that don't you? That's why you play these little idiot games. Throw out an allegation in a post responding to me but then refuse to admit that you are talking about me. Get the insinuation of wrong doing out there, but then hide behind a tree. You'll need more than a tree.
You know you need to ask yourself - Why is it that arbpro, who I claim is an enemy of the company, seems to know more about the company than me?
Perhaps you can explain this for me:
"After all there are people out there that would try to circumvent a company to benefit themselves at the expense of others."
I answer your question and what do you do - a personal attack. What a guy.
Yep. As I've said before - it makes no sense for either side to move forward with a FW location, unless and until the carbon credit certification is finalized.
Extradite them? Unless you are privy to secret grand jury proceedings, there hasn't even been an indictment. I'm sure hunting down two bit, small time, penny stock, pink sheet scammers is high on the list of the FBI and Interpol.
Exactly.
Yeah, I'm sure the feds will want to hear all about BB Solar when the cuffs are put around Herzog's wrists.
The investigation was conducted BEFORE the suspension. HH's demise is signed, sealed, and certain.
No need anymore. HH is a marked man now.
You won't get an answer. These guys know nothing about the company.
Only in the upside down world of Bergamo is breach of contract by defaulting on funding viewed as a positive.
I could give you some BS, but honestly I don't know. I can tell you that I am reasonably certain that this is real, with some impressive people. Whether all the stars align, well, I just don't know.
Yeah, generally, NDA's bind the parties to such agreement to not disclose information learned from the other party. In this instance, it appears the Ref developed his own leads, without any assistance from the company. Since he didn't obtain the information from the company, a typically constructed NDA would not apply.
We all want the company to succeed. It is highly unlikely that this opportunity would have presented itself without the involvement of the Ref and he is deserving of recognition. Any follower of this Board knows that I have had problems with the Ref disclosing information about my personal life on this Board. It is also known that I don't appreciate it. But it is only fair to acknowledge his efforts when appropriate. At least one poster apparently doesn't believe in the concepts of fairness and accuracy.
But don't think this is a "make or break" proposition for the company. This deal, and most other deals, will be dependent upon a finalization of the carbon credit arrangement. That's the real "make or break."
A Non Disclosure Agreement, assuming one existed, probably would not apply to this situation.
Why would anyone take your call? First thing you would do is to plaster the details of a private conversations onto the internet. In fact, even when someone doesn't take your call you still hit the keyboard.