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Tuesday, March 02, 2010 7:57:44 PM
First; My e-mail 2 him included the primary current topics of our forum.....I pressed the case about the importance of the filings & (almost) guaranteed him his stock price would at least double w/ un-audited filings & go up at least 10-fold with fully audited financials (providing its mostly good news). I also pointed-out the option of filing direct w/ FINRA & by-passing Pinksheets [he says he hadn't thought of that & may possibly chase that avenue if Pinksheets gives him anymore trouble]. I also gave him todays latest news on the pending re-start of Tax Credit....he was very excited & encouraged. I also suggested he give a Forward Split some thought.....as a way of re-sparking investor interests & giving us a bigger piece-of-the-pie.......figured it was worth a shot anyway, WTH....he was non-committal on that one of course...I planted the seed, we'll see if it grows.....won't hold my breath though.
He told me he doesn't deal w/the investment , filings & website aspects of his company as much anymore & invited me to talk to his new spokesman (Eric Von) tomorrow......which I plan to do to clarify the current share structure, website status & filings.
Aside from that; He says he's going for submitting his filings to Pinksheets by the end of this week along w/ their required 30 page statement of facts. 'When' this is approved & when it will be released , I know not. He said the filings still need 'consolidating'.......I'm not an accountant (thank god) but I take this to mean he'll be submitting un-audited financials first (this week).....he's looking for another accountant to finish-up the consolidated's. I know this has all been said before & like you , I'll believe it when I see it.....but when they 'do' come thru....ZOOOOOM.......
Another tidbit;
The Auto-conversion company they're trying to acquire is out of Indiana & deals w/ CNG conversions of cars & (I think) military vehicles. He needs another $3mil to make this happen.....judging by the neighborhood his office is in , he might just be able 2 take a walk down the block & pick-up that kind of loose change.....his office is right at the entrance to the Newport Peninsula....some of the most expensive homes & influential people in California...John Wayne's old stomping grounds.
Thats about it for today....I'll talk 2 Eric tomorrow & ask more.
AIMHO of course.......
GLTA
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