Turbine Aviation Inc (TURA)

[investorx2]

So he did not get us there, but he kept us there. I remember the PR's that we were doing the paperwork to get off the Pinks, etc., & etc..

So the pre-SW GLGT was a reporting one, with reported share structure. No revenues, no prospect for revenues and 50 million shares OS. Easy to report and easy to understand.
Then after SW comes in the OS shares are reported as 93 or 98 million. I remember all the talk of Reed and SW giving themselves shares and diluting us etc. As it turns out it was the GLGT Management trying to rob the treasury going out the door. Reed did get 23 million of those cancelled but they had already sold about that many to us, the unsuspecting GLGT supporters.

I can't throw stones yet since I don't know all the facts and so far Reed has been blamed for everything. Blamed for taking us to the pinks, not so. Blammed for the increase in shares of GLGT, not so. But, properly blammed for his stuff.
He should have kept us more up to date on what was going on. Maybe he couldn't individually but at least more through IR or something. I don't think the hostility of this board helped although it shouldn't be a deciding factor for a company. Now, we have been set off to drift. I don't like it.

I guess it is just setting in that the GLGT investment is doomed, no idea about the next take over company.

GLTA