Ovidius, nice work
Thank you! I wasn't even aware that such a site existed. Fascinating stuff! The more I look into this company, the more legit it appears. The audio from the recent interview stated flatly there are 100 million shares outstanding (no stratified classes of stock or "preferential" shares), millions of them held by insiders, including most prominently the CEO Frank Neukomm. He said the float is 60 million. If Mr. Neukomm he can make the hydrogen manufacture a reality, (and it very much appears that hyrdastax is the real deal) this company's stock wil run to $1 and higher and the Mr. Neukomm stands to make $10 million (at $1 per share) to $20 million (at $2 pps or more). Talk about incentive!!!
Really, click on the names of the principals of tis company, check out how many shares they own and recognize they haven't parted with a single one!
NEUKOMM FRANK R
5,987,270 DIRECT
3,599,509 INDIRECT
------------
9,586,779 TOTAL
DAVIS EDWARD 7,921,312 25-Aug-06
GRACE JOE 3,778,571 28 Oct-05
FARR ROBERT 2,544,706 25-Aug-06
TWEDT JAMES 2,379,662 26-Sep-06
That's about 30 million shares right there, and that's not all the insiders, just the largest holders.
Some here have posted that it will take further news to make this stock run higher. I would argue that the prospects are looking so good that this could run on the anticipation alone for another month or two... until and unless something occurs to pop the balloon. The only thing keeping this stock back from a huge run is awareness in the larger investing community due to what currently is a possible lack of understanding among the investment community as a whole about the potential of hyrdogen fuel. The website which Ovidius has posted touches upon the huge upside this company has in sight.
I got in at 8 cents and it's a no-brainer hold from here no matter happens in the immediate short-term this week. People will be selling into the dip, sure, but the potential is absolutely explosive -- just the way I like my penny stocks! No way I am getting out for a while.
I sold my DKAM way too early a few weeks back. Let's see if I can hang onto this baby past the inevitable doubling and tripling from this level.
GLTA
