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Re: badknees29 post# 1525

Thursday, 05/28/2009 5:35:59 PM

Thursday, May 28, 2009 5:35:59 PM

Post# of 13354
This is a pink sheet stock and I am not smart enough to know if this is a real company or a scam. When I look at Global, I try to use common sense to dictate any investment decisions I make. I feel the positives for the company are Parish, Parsons and the Old Castle contract. I have e-mailed Old Castle to try to get a confirmation, but that was over a month ago and I received no reply. I don't know how to verify the contract with Old Castle, but I believe, which has been said before, that none of the four companies, Old Castle, Sony, Edison or Perdue would allow fraudulent PRs without a response. If these were four unknown companies in China or India, then I would have serious doubts about their validity. If as Puppman is saying, that Parsons is getting 20% of the royalties, then I would suggest that there might be a kernel of truth because if it is a scam, he is getting 20% of nothing. The major problem I have is that, with yesterday's PR, the stock has not moved. Apparently most investors do not believe Global is a real company. But then why pay money to an accounting company to look at their books? It seems though for every argument that you could make in favor of Global, you can also make against Global. To me, the risk reward ratio is in our favor and if the Old Castle contract is legitimate, and is used in all its facilities, with the relatively low float, we should have a $5.00 stock. This is just my opinion and I could be dead wrong, but I am a believer.