I bet thet the accountants are still struggling with how to handle the $ 16.260,000 "option", as well as the 19% stock grab by the directors, 2 of which have already resigned.
I also predict that cash in bank (very low) and outstanding shares (much higher) at 3-31-2009 will be very "Cataldolike".
Tony Cataldo if he has decided to stay for a while (and I think he has since the website full of hype is back up) will need a big Press release to entice new investors and new stockholders.
I believe that the "hype" will be the combining of the BS of both Greenstreet and Dameron's Patriot Wind and trying to take two struggling companies and attempting to make them look strong together. That and Tony may announce a "potential" funding partner (website says $ 300,000,000) but will not say who.
Just have to wonder WHY anyone would pick Tony Cataldo to run a public company considering his past record.
Every company he has headed or been associated with in last 10 years has had a lower stock price the day he left than it had on the day he started. He did have some upticks but those all went way.
He has his very best chance at breaking that record here at GSTYE since on the day he started the stock price was at $ .05 . It rose in January to $ .70 and has been in the $ .15 to $ .50 range since.
Lets see how close I get to the actual facts.
I just hope he doesn't run off and abandon this company like he did at his last CEO job (VoIP,Inc. symbol VOIC) without making the SEC filings and basically leaving the company in a lurch.
