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Re: InvestForProfit13 post# 5552

Saturday, 05/01/2010 2:38:58 PM

Saturday, May 01, 2010 2:38:58 PM

Post# of 13354
Audited financials will give us the transparency we need. If the company is profitable, and we see a summary of the products sold, then we really don't need the names of the companies Global is doing business with. As with every other publicly traded company, the PPS of Global will rise or fall on EPS. Unless the auditing company is corrupt and gives us false numbers, these financials will give us a clear indication of Global's future. If I'm disappointed, then I'll sell the rest of my stock and move on. If expectations are meant, I'll add to my position because the future of Global will then be bright. I don't understand how you could say it will be a non-event. How many pinksheet companies in a period of fifteen months have gone from a non-reporting company to audited financials? My gut tells me that if Parsons had anything to hide, we would not see audited financials. You are right, I quit as moderator because we did not get what Parsons promised on the 24th. With the lack of 504s, I have to assume that Global is selling product and not diluting the company to pay salaries and other expenses. This is all conjecture on my part, but I state this as it makes sense to me. The quarter ended March 30th, so by May 15th, we should have first quarter audited financials, and that will give us an indication if the loss of the fuel subsidy has hurt Global's business. Remember, even without the subsidy, companies are under EPA mandate to reduce emissions.