As Gulf Ethanol Corporation (GFET.PK) states, they do not have any significant operations at this time. However, the company intends to become a developer and constructor of ethanol and ethanol feed stock manufacturing facilities. Unfortunately, sometimes intentions remain only intentions. The share price has been dropping gradually from the middle of 2007. Besides, one more new stroke my eye: Ahead Of The Bulls has been compensated 75,000 free trading shares to promote GFET.PK.
This entry was posted on Thursday, May 22nd, 2008 at 12:59 pm and is filed under Penny Stock Promoters.
2 Responses to “Intentions of Gulf Ethanol Corporation (GFET.PK)”
cruela Says:
December 8th, 2008 at 11:03 am
Yeah, the stock has been going down for some time….nothing nice, I would say…
Adam Says:
December 5th, 2008 at 4:28 am
if you check out my blog, you will see why GFET has done so poorly.
Go to main page click blog and search GFET in searchbar
http://www.pinkinvesting.com/2008-05-22/intentions-of-gulf-ethanol-corporation-gfetpk/
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