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[ClayTrader]

GLXI - Future Plans...

Posted by: BuffaloBill
In reply to: None
Date:3/8/2007 5:00:52 PM
Post #of 6053

GENTLEMEN, WE HAVE LIFTOFF....

I just spoke to John Michaels for the last 20mins and here is what I found:

1. the cusip change will be filed next week and will take another 10-20 days afterward to take effect.
2. They had a financial analyst review their company. This analyst is generating a report that will show that this stock should be worth .80 right now. This report will be created tomorrow and be released late next week.
3. John recognizes that the MMs are trying to pull us down and he is not concerned at all. He said "they are legal crooks and they will be screwed". (yup, I giggled)
4. They still have 2 teams of engineers currently doing geo reports.
5. they are trying to be traded as a mid-cap company within a couple months. his words-- "we need 250 million to do that, and I believe we have that"

I also asked him about URME. He didn't know about them, but said that their 1.2M volume might be artificial. IOW, they might just be trading with each other.


He also mentioned that they have 700 unanswered emails. there's just too many to answer all at once, but they are going to hire new people to take care of that.

Overall, he gave me a lot of confidence in GLXI. They are working 7 days a week and making all of the right moves. They are trying to get traded on NASDAQ asap.

Anyone on the sidelines better get in soon.
Anyone in doubt should call John.

Have a great day...