Stock O'holics Investing University

[mick]

EXCERPT: releasing ties with cornell is a great plus for GCOG


The Outstanding Shares (OS) for GCOG is 538,445,888 Shares as of 12 Nov 07 filed on 19 Nov 07 by GCOG in their 10QSB below:
http://yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?dcn=0000909012-07-001444&Type=HTML


http://yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?dcn=0000101594-07-000226&Type=HTML

From Note 4 of the GCOG filing, GCOG also paid off their $1 million in Convertible Debentures (plus interest) they had with Cornell to rid them. They actually gave them a total of $1,302,720 to pay them off.

Cornell then received warrants to purchase 30,000,000 Shares at the prices below:
1st Option = Warrant to purchase 7,500,000 shares at $0.02 per share.
2nd Option = Warrant to purchase 7,500,000 shares at $0.03 per share.
3rd Option = Warrants to purchase 5,000,000 shares at $0.04 per share.
4th Option = Warrants to purchase 5,000,000 shares at $0.05 per share.
5th Option = Warrants to purchase 5,000,000 shares at $0.06 per share.

With considering that GCOG has paid off Cornell and Cornell in return wanted an option to buy shares at such prices in the pennies is a sign that Cornell believes that they are expecting something big to transpire. Cornell believes that buying GCOG at .02, .03, .04, .05, and .06 per share is buying shares of GCOG at a discount and not at a premium.

I’m hearing news as that any deal with USEG might not matter if it is true or not. Please, I recommend all to do their own DD to confirm any of the above as I am still currently doing. The above are thoughts I derived as a possibility as to what might be potentially in the works.

v/r
Sterling

CORNELL? WILL BUY? higher pps? very interesting sir sterling.