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Re: hammy3777 post# 21245

Wednesday, 06/22/2016 11:18:58 PM

Wednesday, June 22, 2016 11:18:58 PM

Post# of 39360
I appreciate your response. I do not know the answer. But what I am getting at it is this: shouldn't we know the price immediately? When Tesla said they wanted to buy SolarCity this week, they immediately said the price, so that shareholders could determine whether it is a good deal and vote to approve or reject the deal. With GCEI, they apparently are not putting it to a stockholder vote (not sure why, no explanation provided), nor are they disclosing what they paid.

It could be that the consideration is fine and favorable to GCEI and its shareholders. But for all we know they could have given 350 million shares or some other absurd compensation to Levine for the acquisition. I suspect we would all be outraged and say that is not worth it for a concept company with no track record.

Either way, we should know, so we can make informed investing decisions. The most distributing thing about GCEI is their willingness to perpetually keep investors in the dark.

No shareholder meetings.
No annual meetings.
No earnings calls.
No shareholder votes.
No disclosure of adverse events or missed projections.
No details on even the positive events.

How is an intelligent investor supposed to evaluate this stock?