Global Ecology Corporation (GLEC)

[watchdog11]

Wow, P2K, you can really pick’em

Homeland Security, Remote Dynamics and Calypso Wireless. I mean, that’s quite a portfolio you have there. Perhaps it’s time for a new Ouija Board. Let's see, REDI has had a chapter 11, burned through almost $10 million since then, lost all their large customers and recently (June) fired all their directors and officers. They're actually only one pissed-off investor from a chapter 7, or the investor owning 90% of the company and taking it private. Calypso's product could be useful, but there's a dozen other companies pursuing the same strategy and judging from the way the stock is trading I'm guessing they won't be first to the trough. I agree with you that the management of HSYN leaves something to be desired, but you have to ask yourself what they have that’s kept them in the game this long. Nobody’s getting paid, yet they’re current with their filings and are starting to attract customers. Why bother if they have nothing to achieve. What attracted Fireman’s Fund to the company, smoke and mirrors? I doubt it. I’m betting that by February they’ll be off and running, while REDI’s second foot enters the grave.

Dog