HERE ARE MY THOUGHTS ON GLGT AT THIS POINT: (TEAM HUDDLE)
I have received numerous private messages and other inquiries on GLGT and wanted to say a few things publicly, for the benefit of those that have no PM ability.
As I stated over the weekend what is coming for GLGT is not disputable.
Victor Farias' association with GLGT is public knowledge, verified fact.
The fact that GLGT will go from a dormant shell to an active, money generating company, is fact.
The aforementioned is fact, I will not engage the uninitiated in unproductive banter back and forth as to its validity or credence. Our collective problem as GLGT shareholders is the paucity of information related to a PRESS RELEASE. "PRESS RELEASE," are the operative words here because that is the only thing we are missing. I wish that numerous calls and messages left with Farias' other company, remember the secretary who transfers the calls?, would get answered, but that is something totally out of our collective control. Now with other equities running, lack of any definitive foresight as to when GLGT makes an announcement, and with tomorrow being Friday, what to do?
I propose that all of us interested parties do our collective best to decipher what type of timeline we are looking at. We are all GLGT shareholders and WE all have a right to know what is happening with OUR COMPANY. Use your respective imagination to come up with ideas on how best to accomplish this. I feel with our current situation, what we have here known and to some degree unknown, puts us at a fair trading range between .005-.008. That is a fair and pragmatic price, relative to the risk of having to hold until it is publicly disclosed. Once announced, GLGT will go to MULTIPLE PENNIES.
Nobody is abandoning ship, nothing has changed, it is trader impatience, combined with a modicum of uncertainty and fear. This is the stock market, NO, this is the penny market. The pucker factor here is dwarfed only by its attention span. If you sell down here you are throwing money out the window.
As I have stated previously, this is one of the most intelligent message boards I have ever seen related to a stock. Now we need to demonstrate it with some temperance of action, fully confident in what is coming.
Happy Trading,
SPORTYNORTY
