Green Globe International Inc (GGII)

[bd2004]

Not the least bit. I'd be insecure if I weren't a long-term investor. However, your one liners aren't that impressive now that we're in the red pretty deep.

Year-to-date % change: -97.60%
200 day % change: -99%
100 day % change: -94%
50 day % change: -40%
30 day % change: +50%
20 day % change: -45.45%
10 day % change: -40%
5 day % change: -42.86%

and falling.

This company isn't brand new. It's been around since 1992. It is now summer 2008 and we are just seeing our first revenues? What ever happened to the revenues from the hotel chain? Iceland? Anybody able to dig up numbers and figures for that?

It seems to me that this company being around for 16 years would be toting around a significant amount of debt that has to be recovered from before any profits shine through.

Take a look at their histor on www.greenglobeint.com
They've had strategic partners before and where is their stock now? Where is the news on Green Globe Asia Pacific? What about the strategic alliance with the CRC? Where's our Shell Gas partnership updates? SGS? AJA? GT? Group Mendez? Web-site has been around since 2004.

People have known about the U.N. Agenda 21 for this long and the stock in GGLB has fallen this far. All isn't well. This whole green trend isn't anything new. It's been around for quite some time now.

On top of that, think about the certification process. Countries and companies want to pay GGLB money to then come in and tell them how much money they're going to have to spend to rehab their facilities for sustainability purposes. It's a lose-lose situation for our clients because they would have to dish up significant amounts of money to get a stamp of certification...an award lol. Most companies are doing fine without a benchmark. Look at our economy right now too? A lot of companies are heading down the drain. People aren't flying and touring because of airfare and gas expenses. The tourism industry is heading down the drain due to lack of tourists. Tourist attractions are losing money...you think they want to spend more money for sustainability purposes?


When people travel, how much effort do you think they put in to making sure they are traveling to a green certified location? Their first goal is probably to find the cheapest places they can have fun at.