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Re: None

Wednesday, 04/19/2006 9:03:16 AM

Wednesday, April 19, 2006 9:03:16 AM

Post# of 157
Well I know alot of people are down about this stock here but this is one of those that you sit on and wait I believe.

Pretty impressive idea. I think it is just a matter of time before people start playing this market as many people have bought REITs in the last few years to take advantage of the Real Estate market explosion. My thought is what do people do when the market turns south. They can short the markets through this exchange. We know it is only a matter of time before the Real Estate market bubble bursts. Anyway with that being said pretty impressive facts;

50 mil Authorized
45 mil O/s
4.125 Float
32 Shareholders
83 % owned by CEO

What I find most impressive is this in their recent filing March 27th, 2006 on the company website:



The company anticipates filing a formal notification with the US Commodity Futures
Trading Commission ("CFTC") shortly for classification as an exempt board of trade
("EBOT") per Section 5d of the CEAct and Part 36.2 of the CFTC's regulations.
The Exempt Board of Trade Rule is written as follows:
Transactions by eligible contract participants in selected commodities may be conducted
on an exempt board of trade (EBOT) under the Commodity Exchange Act. The
requirements and provisions related to exempt boards of trade (EBOTs) are set forth in
Section 5d of the CEAct and Part 36.2 of the CFTC's regulations. Under Section 5d, a
board of trade electing to operate as an exempt board of trade must so notify the CFTC.
Exempt boards of trade are subject only to the Commodity Exchange Act's anti-fraud and
anti-manipulation provisions. An exempt board of trade is prohibited from claiming that
the facility is registered with, or recognized, designated, licensed or approved by the
Commission. Also, if it is performing a price discovery function, the market must provide
certain pricing information to the public. Further information on EBOT's are available on
the CFTC's website at: http://www.cftc.gov/dea/deaxbotbackground.htm

The company believes that electing the EBOT status will allow the exchange to have
market presence in the US much faster than originally planned. Subject to this EBOT
approval the company will offer its members an efficient, scalable high speed, high
volume electronic platform to trade cash settled, real estate contracts.


This comes out this might get a nice pop. Obviously no one is buying into it now in anticipation

Well just my thoughts. GLTA. Fwiw I own a few shares

Yoda





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